The European Enterprise PACS market report defines and segments the concerned market with analysis and forecast of revenue. The European Enterprise PACS market was valued at $74.6 million in 2013, and is estimated to register a CAGR of 10.6% between 2014 and 2019. The European Enterprise Picture Archiving and Communication Systems (PACS) market is driven by the growing volume of imaging procedures.
This report has exhaustive market share analyses of major companies and countries of the region, and value chain analyses along with various tables and figures. The major driving factors, restraints, new trends, and upcoming opportunities in the market are also covered. The competitive landscape focuses upon the key growth strategies followed by the key market players, while the company profile section profiles the key market players. Europe is the second-largest Enterprise PACS market globally, after North America. However, it is witnessing a higher CAGR as compared to the North American market. The European market is mainly driven by growing number of diagnostic procedures, rise in demand for integrated solutions involving PACS, growing volume of imaging procedures, and adoption of new imaging segments, such as endoscopy, ophthalmology, mammography, and oncology. Lack of unified standardization, interoperability, innovation, and price reduction are the major challenges faced by PACS vendors in this market.
The European Enterprise PACS report has been well analyzed into following segments such as the Components, Deployments, major applications and end-users.
On the basis of products, the market is broadly segmented into integrated and standalone enterprise PACS. The market is further segmented on the basis of major countries, such as the U.S., Canada, and Mexico.
The introduction of "digital imaging" and rapid changes in technology has speed up the entire process of healthcare service delivery. PACS is an initiative in this regard. It is an effective diagnostic imaging service and is used to manage, store, and distribute digital images from modalities, such as CT, MRI, X-ray, and ultrasound in order to enhance health care delivery.