PACS and teleradiology markets in the U.S. generated $421 million in 2000, and are poised to reach the $1 billion mark in 2007, according to a report from San Jose, CA-based healthcare analysts Frost & Sullivan. The report notes that teleradiology market share is diminishing in the wake of PACS development. This may be due to many vendors bundling Web-based remote clinical viewing systems into a PACS purchase, F&S said.
The cost of purchasing and implementing PACS technologies in hospitals is still quite high, according to the analysts. However, this presents vendors with opportunities to market financing options to customers as well as traditional integration services.
By AuntMinnie.com staff writersMay 29, 2001
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