The U.S. turnkey radiology PACS market produced revenues of $1.1 billion in 2005, and is expected to reach $1.77 billion in 2012, according to a report issued by market research and consulting firm Frost & Sullivan.
As radiology-based PACS networks expand to multiple clinical departments, the PACS market will inevitably move toward more of a solution-oriented, service-based industry, according to the Palo Alto, CA-based company. PACS technology will continue expanding in functionality to constitute complete medical image and information management tools, Frost & Sullivan said.
PACS networks, originating in radiology and followed closely by cardiology, have infiltrated the ED, OR, and orthopedic and women's imaging. The technology is touted to take over medical image management throughout the enterprise in the near future, according to Frost & Sullivan.
In other trends, the worlds of HL7 and DICOM are merging, and the trend toward combining information and image expects to persist in anticipation of the advent of an all-encompassing image-enabled EMR, Frost & Sullivan said. With only one of three hospitals and one of seven imaging centers having a PACS network, the U.S. PACS market still offers significant leeway, in addition to great opportunities for large-scale PACS replacements, according to the firm.
By AuntMinnie.com staff writers
August 31, 2006
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