Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 160.41 Million | USD 302.44 Million | 7.3% | 2023 |
The global Ophthalmology PACS market size was worth around USD 160.41 million in 2023 and is predicted to grow to around USD 302.44 million by 2032 with a compound annual growth rate (CAGR) of roughly 7.3% between 2024 and 2032.
The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD million). The report covers a forecast and an analysis of the Ophthalmology PACS market on a global and regional level.
PACS stands for picture archiving and communication. It is a medical imaging technology used to store, retrieve, present, and share images that are produced through various medical hardware modalities, such as CT scan, X-ray, MRI, and ultrasound machines. Ophthalmology PACS is used to efficiently manage the image data and eliminate the physical limits associated with the communication of radiologic image data on films. The cost of PACS involves initial implementation and ongoing maintenance. An increasing prevalence of eye-related diseases, growing geriatric population, and technological advancements witnessed in ophthalmic devices are fuelling the global ophthalmology PACS market. However, the high cost of care for patients may prove to be a major hindrance for this market’s growth.
The rising burden of ophthalmic diseases, increasing private and public healthcare expenditure, high unmet medical needs in developing economies, and the rising number of government initiatives to improve vision care practices are driving the ophthalmology PACS market globally. Additionally, the growing demand for early and accurate detection methods is likely to further propel the ophthalmology PACS market over the assessment period. Furthermore, EHR and EMR systems are providing accurate and complete information to healthcare service providers, thereby helping in improving the diagnosis while reducing other medical errors. Moreover, government organizations are taking initiatives to encourage the adoption of EHR and EMR systems, which is further boosting the growth of the ophthalmic PACS market globally.
The study provides a decisive view of the ophthalmology PACS market based on type, delivery mode, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
Based on the type, the market is bifurcated into integrated PACS and standalone PACS.
On the basis of delivery mode, the ophthalmology PACS market is divided into on-premises and cloud-based.
The end user segment includes hospitals, specialty clinics, and others.
Report Attributes | Report Details |
---|---|
Report Name | Ophthalmology PACS Market |
Market Size in 2023 | USD 160.41 Million |
Market Forecast in 2032 | USD 302.44 Million |
Growth Rate | CAGR of 7.3% |
Number of Pages | 110 |
Key Companies Covered | Visbion, Medical Standard, IBM Corporation, Topcon Corporation, Versasuite, EyePACS, Heidelberg Engineering, Scimage, Sonomed Escalon, and Canon USA, Inc |
Segments Covered | By type, By delivery mode, By end-user and By region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
By region, North America and Europe dominated the global ophthalmology PACS market in 2023 and are likely to show high growth rate, especially in Canada, Germany, UK, and the U.S. This can be attributed to the rising investments in research and development activities conducted in these countries and high prevalence of eye-related diseases. Furthermore, technological advancements, such as the incorporation of patient portals, and rising disposable incomes of patients are likely to propel the ophthalmology PACS market growth in these regions. Growing healthcare expenditure in developing countries, such as China and India, and advancements made in software using artificial intelligence are likely to provide multiple opportunities for market expansion in the Asia Pacific region.
Some leading players in ophthalmology PACS market include:
Global Ophthalmology PACS Market: Type Analysis
Global Ophthalmology PACS Market: Delivery Mode Analysis
Global Ophthalmology PACS Market: End-User Analysis
Global Ophthalmology PACS Market: Regional Analysis
FrequentlyAsked Questions
Ophthalmology Picture Archiving and Communication System (PACS) is a specialized medical imaging technology designed to store, retrieve, manage, and share digital images and associated data specifically related to eye care.
According to study, the Ophthalmology PACS market size was worth around USD 160.41 million in 2023 and is predicted to grow to around USD 302.44 million by 2032.
The CAGR value of Ophthalmology PACS market is expected to be around 7.3% during 2024-2032.
North America and Europe has been leading the Ophthalmology PACS market and is anticipated to continue on the dominant position in the years to come.
The Ophthalmology PACS market is led by players like Visbion, Medical Standard, IBM Corporation, Topcon Corporation, Versasuite, EyePACS, Heidelberg Engineering, Scimage, Sonomed Escalon, and Canon USA Inc.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed