FORT WORTH, Texas, December 11, 2014 /PRNewswire/ --
The European cardiology PACS market was valued at $118.1 million in 2013, and is expected to grow at a CAGR of 7.2% from 2014 to 2019. Germany accounted for the largest market share of 25.2% in the European cardiology PACS market in 2013, due to the rising number of imaging studies carried per year and growing trend of hospital consolidation in the country.
Browse through the TOC of Europe cardiology Picture Archiving and Communication System (PACS) market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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The European cardiology PACS market report defines and segments the concerned market in this region, with analysis and forecast of revenue. The market is classified on the basis of components and deployments. In addition to this, the market is also classified on the basis of major geographies in this region, which includes the U.K., Germany, France, Italy, Spain, and other European geographies. This report also provides extensive information about the key market players on the basis of market share and revenue.
Europe is the second-largest market for cardiology PACS systems, after North America. The growth of this market can be mainly attributed to the rise in aging population in the region, increasing incidences of heart and circulatory diseases, and increased levels of obesity. However, factors such as creation of data silos, interoperability, hardware compatibility issues, expensive technology, and need of professional assistance are limiting the growth of this market.
Picture archiving & communication systems (PACS) is an effective healthcare information technology tool that enables diagnostic imaging, and helps to manage, store, and distribute digital images from modalities, such as CT, MRI, X-ray, and ultrasound in order to enhance patient care delivery.
Cardiology PACS is the fastest-growing segment in the picture archiving & communication systems market, owing to the rise in cardiac screening procedures and developments in the cardiology imaging technology.
The European Departmental Picture Archiving and Communication System (PACS) Market was valued at $776 million in 2012 and is projected to reach $1051 million by 2018, at a CAGR of 5.2%. Departmental Picture Archiving and Communication System (PACS) Market can be segmented by geographies, applications, deployments, end-users, companies, and macroindicators. Deep-dive analysis of the top players of this market has been included in this report.
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