A high rate of growth in enterprise PACS is expected to propel the global medical image management market into the next decade, according to a new report from MarketsandMarkets.
The company predicts a compound annual growth rate of 6.5% over the next five years, advancing the global market to $5.78 billion by 2021, compared with an estimated value of $4.22 billion in 2016.
The PACS segment remains the largest share of the global market in 2016, fueled by a long history, along with the escalating volume of imaging procedures, technological advancements, and adoption of PACS in new imaging segments such as endoscopy, ophthalmology, mammography, and oncology.
