Medical Imaging Blog

GlobalData

PACS Adoption to Experience Significant Growth by 2015

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.

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Mammography Equipment Market Projected to Grow to $585 Million by 2015

The US mammography equipment market is forecast to grow by 3.6% a year to reach nearly $585 million in 2015, according to a recent report from GlobalData.

Driving the growth of the mammography equipment market are:

1. Technology advancements

2. Increased public awareness

3. Highly efficient digital technology

4. Low dosage featured in digital equipment

5. Increased use of digital mammography equipment

The report, “US Mammography Equipment Market: Product Innovations to Drive Growth,” found that the Full-Field Digital Mammography (FFDM) equipment segment contributes the largest amount of revenue in the overall mammography equipment market. FFDM accounted for 95% of all revenue in 2008.

Continue Reading: Mammography Equipment Market Projected to Grow to $585 Million by 2015