San Francisco, 31 January, Ophthalmology PACS Market Size, Share &
Trends Analysis Report By Type (Integrated, Standalone), By End Use (Hospitals,
Specialty Clinics), By Delivery Mode (Cloud-based, On-Premise), And Segment
Forecasts, 2018 - 2025
The global ophthalmology PACS market size is expected to reach USD 170.96 million by
2025, according to a new report by Grand View Research, Inc. It is projected to
witness a CAGR of 6.5% during the forecast period and is driven by rising
adoption of Electronic Health Record (EHR) and Electronic Medical Records (EMR)
solutions globally. Moreover, rising prevalence of eye diseases, such as
cataract, glaucoma, age-related macular degeneration, and diabetic retinopathy,
is expected to fuel demand for ophthalmology PACS in near future. The Department
of Ophthalmology of National University of Singapore conducted a study in
collaboration with National University Health System, Singapore and South
Central Asia. According to this study, the number of glaucoma cases diagnosed
in 2013 was 17.06 million, which is anticipated to reach around 32.9 million by
2040.
Product development,
geographical expansion and M&A are some sustainability strategies adopted
by major companies in this market. For instance, in August 2017, Carl Zeiss
Meditec Inc., acquired Veracity Innovations, LLC, a U.S.-based medical software
company that delivers cloud-based platforms to maximize clinical performance
and work efficiency. These platforms help ophthalmologists in delivering
personalized technology-enabled care to their patients. The acquisition is
intended to expand the former company’s eye care-based digital solutions
portfolio. The company is also focusing on expanding the business in Asia
Pacific owing to larger patient pool in this region.
Further key findings from the study suggest:
·
Increasing cases of ophthalmic
diseases, lack of skilled ophthalmologists, and growing usage of
teleophthalmology solutions in developed countries are the factors driving the
market
·
According to BrightFocus
Foundation’s survey, prevalence of Age-related Macular Degeneration (AMD) is
anticipated to rise up to 22 million by 2040. This is also likely to boost
market growth
·
Cloud-based PACS is anticipated
to register lucrative growth during the forecast period owing to features, such
as interoperability and mutual performance, privacy and security, reduced
errors, and improved quality
·
North America held the major
share of the market in 2017 due to increased ophthalmic disease burden and
healthcare expenditure by public and private firms in this region
·
Asia-Pacific is anticipated to
register the highest CAGR during forecast period due to rising prevalence of
glaucoma coupled with high demand for an effective diagnostic solution
·
Carl Zeiss Meditec AG; Topcon
Corp.; Merge Healthcare, Inc. are the major companies in the global
ophthalmology PACS market
·
Most of these companies are
focusing on technological advancements, M&A, and R&D as part of their
business expansion strategies
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/healthcare-it
Grand View Research has segmented the global
ophthalmology PACS market on the basis of type, delivery mode, end-use, and
region:
Ophthalmology PACS Type Outlook
(Revenue, USD Million, 2014 - 2025)
·
Standalone PACS
·
Integrated PACS
Ophthalmology PACS Delivery
Mode Outlook (Revenue, USD Million, 2014 - 2025)
·
On-Premise System
·
Cloud-Based System
Ophthalmology PACS End-use
Outlook (Revenue, USD Million, 2014 - 2025)
·
Hospital
·
Specialty Clinics
·
Others
Ophthalmology PACS Regional
Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
U.K.
o
France
o
Italy
o
Spain
·
Asia Pacific
o
China
o
India
·
Latin America
o
Mexico
o
Brazil
·
Middle East & Africa
o
South Africa
Access Full
Press Release of this Report: www.grandviewresearch.com/press-release/global-ophthalmology-picture-archiving-communication-system-pacs-market
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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