Just what will the Picture Archiving and Communication Systems (PACS) market look like in five years?
A recent GlobalData report sheds light on the future growth and adoption of Picture Archiving and Communication Systems (PACS). “US Picture Arching and Communication Systems (PACS) Market: Increasing Adoption to Drive Growth,” found that the market will:
- Grow by 13% annually for the next seven years
- Reach $2.5 billion in 2015, up from $1 billion in 2008
The report also found that PACS adoption will be driven by:
1. Small and mid-sized hospitals looking to cut costs and increase efficiency.
2. Large hospitals looking to replace legacy PACS to take advantage of single desktop solutions, advanced clinical application, and seamless Radiology Information System (RIS)/PACS integration.
The report also discusses the role of the Health Information Technology for Economic and Clinical Health Act (HITECH Act) on the future of PACS. As smaller hospitals increase healthcare IT infrastructure spending in the next two years, the market is likely to experience increased adoption of integrated PACS/Electronic Medical Records (EMR)/RIS.
For larger hospitals that already have a PACS in place, the funds will likely be spent toward a robust EMR system.
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- Report: Hospitals Not Meeting Electronic Medical Record Stimulus Requirements
- Medical Imaging System and Healthcare IT Spending on the Rise
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