Ophthalmology pacs market
Ophthalmology PACS Market, by Type (Integrated PACS and Standalone PACS), by Delivery Model (Cloud-Based Model and On-Premise Model), by End User (Hospitals and Speciality Clinics), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
- Oct 2022
- CMI5269
- 302 Pages
- Excel & Pdf
- Medical Devices
A picture archiving and communication system (PACS) is a therapeutic imaging technology that provides storage and useful access to images in numerous manner. Ophthalmology PACS is used to transfer or communicate electrical images and reports at different places. This removes the need to physically file, recover, or transport film jackets, the files used to store and protect X-ray film.
- With ophthalmology PACS, medical images of patients with eye diseases are taken and studied for medical examination, findings, and treatment. The evidence collected can be used to classify any structural and physical abnormalities.
- The increasing prevalence of eye diseases globally is expected to increase the demand ophthalmology PACS worldwide.
- Ophthalmology PACS is used to store medical documents and pictures securely in off-site servers and be securely opened from anywhere in the world using PACS software, portable devices, etc.
Global Ophthalmology PACS Market - Impact of the Coronavirus (COVID-19) Pandemic
The COVID-19 pandemic is expected to hamper the growth of the global ophthalmology PACS market owing to a decline in patient’s clinical visits. For instance, according to the data published on December 2, 2021 by the National Institute of Heath, U.S., the COVID-19 pandemic has adversely affected admission to eye care clinics due to travel limitations, unemployment-related financial challenges, fear of infection, etc. There was an extreme decline in clinic visits and procedures which is expected to hamper the growth of the global ophthalmology PACS market.
Moreover, a decline in eye disease treatment during COVID-19 is expected to hamper the global ophthalmology PACS market growth. For instance, according to the data published in July 2020 in the Indian Journal of Ophthalmology, the COVID-19 pandemic has a huge negative impact on the working of eye-care hospitals. The lockdown has put a burden on patients, clinicians, staff, and the hospital management. COVID-19 pandemic and government-imposed restrictions have brought financial, logistic, and psychological challenges. This made reduction of visit of patient to eye clinics and hospitals this resulted into decline in eye treatment which is expected to hamper the growth of global ophthalmology PACS market.
The global ophthalmology PACS market is estimated to be valued at US$ 201.18 Mn in 2022 and is expected to exhibit a CAGR of 5.9% over the forecast period (2022-2030).
Figure 1: Global Ophthalmology PACS Market Share, (%), Analysis, By Type, 2022
Market players are involved in signing agreements with other key players, in order to expand their services. This is expected to drive the growth of the global ophthalmology PACS market over the forecast period.
Market players are involved in signing agreements and this is expected to drive growth of the global ophthalmology PACS market over the forecast period. For instance, in July 2018, IBM, a technology company, announced an agreement with Anthem Inc., a healthcare company, for the expansion of service agreement to drive the digital transformation and deliver an improved digital experience to healthcare consumers. According to the agreement, IBM had provided Anthem with initiative services for its mainframe, data center server, and storage infrastructure management. The growth of digital transformation in the healthcare sector is expected to drive the global ophthalmology PACS market growth.
Ophthalmology PACS Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2021 | Market Size in 2022: | US$ 201.18 Mn |
Historical Data for: | 2018 to 2020 | Forecast Period: | 2022 to 2030 |
Forecast Period 2022 to 2030 CAGR: | 5.9% | 2030 Value Projection: | US$ 319.17 Mn |
Geographies covered: |
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Segments covered: |
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Companies covered: |
Topcon Corporation, Agfa-Gevaert N.V., Sonomed Escalon, Carl Zeiss Meditec AG, EyePACS, VersaSuite, Heidelberg Engineering GmbH, ScImage, Inc., IBM Corporation, and Visbion Limited |
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Growth Drivers: |
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Restraints & Challenges: |
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Key players are engaged in receiving approvals for their products from regulatory authorities, and this is expected to drive the growth of the global ophthalmology PACS market over the forecast period.
Product approvals by regulatory bodies is expected to drive the growth of the global ophthalmology PACS market over the forecast period. For instance, on April 20, 2022, Carl Zeiss Sports Optics, a technology enterprise operating in the fields of optics and optoelectronics, announced that it received approval for QUATERA 700 from the U.S. Food and Drug Administrator. QUATERA 700 was made to develop a surgeon’s workflow effectiveness from the clinic to the operating room, allowing one digitally integrated surgical workflow. It works as a single sterile operating room dashboard integrating patient data from other systems and the microscope view.
Global Ophthalmology PACS Market – Restraints
An increasing number of product recalls is expected to hamper the growth of the global ophthalmology PACS market over the forecast period. For instance, on March 13, 2017, Merge Healthcare, Inc., a provider of digital solution for healthcare, had recalled Class 2 Device, Merge Eye Care Systems, which consist of Merge Eye Station, Merge Eye Care PACS, and Merge Eye Station Import Utility. The system was recalled as it completely stopped allowing the downloading or acquisition of new images due to incompatible software application versions. This is expected to hamper the growth of the global ophthalmology PACS market.
Global Ophthalmology PACS Market – Regional Analysis
On the basis of region, the global ophthalmology PACS market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Among regions, the North America ophthalmology PACS market is expected to hold a dominant position during the forecast period, owing to increasing inorganic activities such as acquisition by key players. For instance, in August 2017, Carl Zeiss Meditec Inc., a U.S.-based medical technology manufacturer, acquired Veracity Innovations, LLC, a medical software company which provides cloud-based platforms to its customers for increased medical performance. The acquisition was aimed at increasing the Carl Zeiss Meditec’s eye care-based digital solution collection. These software had supported ophthalmologists in bringing modified technology-empowered care to their patients.
Furthermore, India is estimated to witness significant growth in the global ophthalmology PACS market, owing to the increasing prevalence of eye disease in the country. For instance, according to the data published in February 2018 by the National Institute of Health, U.S., the prevalence of dry eye disease in India was up to 54.3%, as compared with the global prevalence of dry eye disease. Increase prevalence of dry eye disease is expected to drive the ophthalmology PACS market growth.
Figure 2: Global Ophthalmology PACS Market (US$ Mn), by Region, 2022
Global Ophthalmology PACS Market – Competitive Landscape
Major players operating in the global ophthalmology PACS market include Topcon Corporation, Agfa-Gevaert N.V., Sonomed Escalon, Carl Zeiss Meditec AG, EyePACS, VersaSuite, Heidelberg Engineering GmbH, ScImage, Inc., IBM Corporation, and Visbion Limited.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Delivery Model
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Regulatory Scenario
- PEST Analysis
- Recent Product Launch/Approval
- Epidemiology
- Mergers and Acquisitions
- Market Dynamics
- Global Ophthalmology PACS Market - Impact of Coronavirus (Covid-19) Pandemic
- Impact on Supply Chain
- Impact on Research and Development
- Government Initiatives
- Global Ophthalmology PACS Market, By Type, 2017-2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
- Integrated PACS
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
- Standalone PACS
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
- Introduction
- Global Ophthalmology PACS Market, By Delivery Model, 2017 - 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
- Cloud-Based Model
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
- On-Premise Model
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
- Introduction
- Global Ophthalmology PACS Market, By End User, 2017 - 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
- Specialty Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
- Introduction
- Global Ophthalmology PACS Market, By Region, 2017 - 2030 (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2017 - 2030
- Regional Trends
- North America
- Market Size and Forecast, By Type, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By Delivery Model, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2017 - 2030 (US$ Mn)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Type, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By Delivery Model, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2017 - 2030 (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By Type, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By Delivery Model, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2017 - 2030 (US$ Mn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Type, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By Delivery Model, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2017 - 2030 (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Market Size and Forecast, By Type, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By Delivery Model, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2017 - 2030 (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Type, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By Delivery Model, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2017 - 2030 (US$ Mn)
- Market Size and Forecast, By Country/Region, 2017 - 2030 (US$ Mn)
- South Africa
- Central Africa
- North Africa
- Introduction
- Competitive Landscape
- Company Profiles
- Topcon Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Agfa-Gevaert N.V.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Sonomed Escalon
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Carl Zeiss Meditec AG
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- EyePACS
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- VersaSuite
- Company Overview
- Drug Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Heidelberg Engineering GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- ScImage, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- IBM Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Visbion Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Topcon Corporation
- Analyst Views
- Company Profiles
- Section
- References
- Research Methodology
- About us and Sales Contact
*Browse 29 market data tables and 38 figures on "Global Ophthalmology PACS Market” - Forecast to 2030.
Detailed Segmentation:
- Global Ophthalmology PACS Market, By Type:
- Integrated PACS
- Standalone PACS
- Global Ophthalmology PACS Market, By Delivery Model:
- Cloud-Based Model
- On-Premise Model
- Global Ophthalmology PACS Market, By End User:
- Hospitals
- Speciality Clinics
- Global Ophthalmology PACS Market, By Region:
- North America
- By Type:
- Integrated PACS
- Standalone PACS
- By Delivery Model:
- Cloud-Based Model
- On-Premise Model
- By End User:
- Hospitals
- Speciality Clinics
- By Country:
- U.S.
- Canada
- By Type:
- Latin America
- By Type:
- Integrated PACS
- Standalone PACS
- By Delivery Model:
- Cloud-Based Model
- On-Premise Model
- By End User:
- Hospitals
- Speciality Clinics
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Type:
- Europe
- By Type:
- Integrated PACS
- Standalone PACS
- By Delivery Model:
- Cloud-Based Model
- On-Premise Model
- By End User:
- Hospitals
- Speciality Clinics
- By Country:
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- By Type:
- Asia Pacific
- By Type:
- Integrated PACS
- Standalone PACS
- By Delivery Model:
- Cloud-Based Model
- On-Premise Model
- By End User:
- Hospitals
- Speciality Clinics
- By Country:
- Australia
- India
- China
- Japan
- ASEAN
- South Korea
- Rest of Asia Pacific
- By Type:
- Middle East
- By Type:
- Integrated PACS
- Standalone PACS
- By Delivery Model:
- Cloud-Based Model
- On-Premise Model
- By End User:
- Hospitals
- Speciality Clinics
- By Country:
- GCC
- Israel
- Rest of Middle East
- By Type:
- Africa
- By Type:
- Integrated PACS
- Standalone PACS
- By Delivery Model:
- Cloud-Based Model
- On-Premise Model
- By End User:
- Hospitals
- Speciality Clinics
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- By Type:
- North America