Cardiology PACS Market, By Component (Software, Hardware, and Services), By Deployment (Cloud and On-premise), By End-user (Hospitals & Clinics, Diagnostic Centres, Ambulatory Surgical Centres, Catheterisation Laboratories, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029

Cardiology Pacs Market Accounted For USD 260.2 Million In 2020 And Is Estimated To Be USD 563.0 Million By 2029 And Is Anticipated To Register A CAGR Of 9.0%.

Cardiology PACS is applicable for undergoing imaging and other functionalities associated only with the heart. Cardiologist, physicians, doctors, and other medical officials utilizes cardiology PACS for the procedures of data distribution, storage and analysis of medical images. Cardiology PACS is used for archiving data, capturing, image storing, presenting and then distributing medical images. Cardiology PACS is executed by combining the software, hardware, image modalities and others.

Growing application of target market among end-user

Healthcare organizations can achieve improved image reading competence for carrying out cardiovascular processes, which is the major factor accountable for the growth of the cardiology PACS market. Additionally, cardiology PACS is beneficial in decreasing the physical barriers linked with traditional methods that utilizes film-based image retrieval, display and distribution. Further, other uses of cardiology PACS, which include lower complexities in IT integrations, easier cardio logical image exchange, stored patient data using cloud-based software and are also promoting the demand for the cardiology PACS market. With the help of cardiology PACS, hospitals, diagnostic centers, clinics, laboratories and others can decrease the physical efforts needed for keeping the hard copies of images, and this factor is propelling the growth of the cardiology PACS market.

Rising adoption of cloud-based cardiology PACS

Growth in the adoption of cloud-based cardiology PACS software is considered to be one of the major trends boosting the global cardiology PACS market. Companies involved in cardiology PACS are now lunching cloud-based technology in picture archiving and communication systems. Cloud-based cardiology PACS software is growing its adoption in healthcare organization benefiting physicians in order to communicate with each other from any location using the cloud-based deployment.

Conversely, financial pressures tackled by the healthcare organizations that offer cardiac care and have an established total cardiology PACS unit is projected to limit the growth of the cardiology PACS market in the coming years.

The cardiology PACS market is segmented based on component, deployment, end-user, and region.

On the basis of component, the global cardiology PACS market is segmented into software, hardware, and services. On the basis of deployment, the target market is classified into cloud and on-premise. On the basis of end-user, the target market is classified into hospitals & clinics, diagnostic centres, ambulatory surgical centres, catheterisation laboratories, and others.

Regional Insights:

On region the global cardiology PACS market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America forecasts the global cardiology PACS market owing to growth in adoption of technologically advanced methods by the healthcare industry in this region. Western Europe is projected to be the second-biggest market generation followed by Eastern Europe in terms of revenue, as countries in this region are demanding cardiology imaging solutions in huge rate. Moreover, China are projected to grow with the largest CAGRs owing to high growth in investments by healthcare providers in establishing an advanced healthcare center for cardiac treatments in the coming years. The MEA region is anticipated to increase at a moderate CAGR throughout the forecast period.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest application trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global cardiology PACS market report based on component, deployment, end-user, and region.

Cardiology PACS Market, By Component:

• Software
• Hardware
• Services

 Cardiology PACS Market, By Deployment:

• Cloud
• On-premise

 Cardiology PACS Market, By End-user:

• Hospitals & Clinics
• Diagnostic Centres
• Ambulatory Surgical Centres
• Catheterisation Laboratories
• Others

 Cardiology PACS Market, By Region:

• North America
  • • U.S.
    • Canada
• Europe
  • • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
• Latin America
  • • Brazil
    • Mexico
    • Rest of Latin America
• Middle East & Africa
  • • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

The key players operating the global cardiology PACS market includes GE Healthcare, Fujifilm Medical Systems, Central Data Networks, AGFA Healthcare, Philips Healthcare, Medstreaming, Siemens Healthcare, Digisonics, INFINITT Healthcare, Sectra and IBM Corporation. Merchants of cardiology PACS are continuously focusing on product advancements to withstand in the cumulative competition and to attract more customers.

• A GE Healthcare
• Fujifilm Medical Systems
• Central Data Networks
• AGFA Healthcare
• Philips Healthcare
• Medstreaming
• Siemens Healthcare
• Digisonics
• INFINITT Healthcare
• Sectra and IBM Corporation