Global Healthcare Cloud Picture Archiving & Communication System Market Outlook to 2030

Region:Global

Author(s):Yogita Sahu

Product Code:KROD10570

Published On

December 2024

Total pages

82

About the Report

Global Healre Cloud PACS Market Overview

  • The global healthcare cloud PACS market is valued at USD 791 billion, driven by the increasing need for secure and efficient data management in the healthcare sector. The PACS technology enables healthcare providers to store, manage, and access medical images and data remotely, optimizing workflow and reducing dependency on on-premises infrastructure.

Global Healthcare Cloud PACS Market Size

  • North America dominates the market due to its advanced healthcare infrastructure, high internet penetration, and early adoption of cloud-based technologies. The region's ability to integrate advanced AI and machine learning with healthcare systems further strengthens its position.
  • The U.S. government has been promoting the adoption of cloud-based healthcare systems through funding and regulatory initiatives. In 2024, the U.S. Department of Health and Human Services allocated over $1 billion to healthcare providers for upgrading their digital infrastructure, including cloud-based PACS. This initiative is expected to support the digitization of over 300 hospitals, making the U.S. a key market for growth.

Global Healthcare Cloud PACS Market Segmentation

By Application: The market is segmented by application into cardiology, orthopedics, ophthalmology, oncology, and veterinary medicine. Among these, cardiology holds the dominant share, owing to the rising prevalence of heart diseases worldwide. The need for precise, timely, and easy-to-access cardiac imaging is driving the demand for cloud-based PACS solutions in cardiology departments. This is particularly important in hospitals with multiple locations, as cloud-based systems provide the necessary flexibility for remote collaboration.

By Components: The market is divided into three components: hardware, software, and services. Software dominates the segment due to its critical role in managing, storing, and retrieving medical images. As cloud technology improves, PACS software has become more sophisticated, offering hospitals advanced diagnostic tools and enhancing clinical workflows. Furthermore, as hospitals transition to cloud-based platforms, the demand for scalable, secure, and integrated PACS software continues to rise?.

Global Healthcare Cloud PACS Market Segmentation by Component Type

By Region: The market is segmented by region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America leads the market due to its robust healthcare infrastructure, technological advancements, and favorable government policies. The widespread availability of high-speed internet, along with early adoption of cloud PACS systems, positions the region at the forefront of market share?.

Global Healthcare Cloud PACS Market Segmentation by Region

Global Healthcare Cloud PACS Market Competitive Landscape

The market is highly competitive, with both established players and new entrants driving innovation. Companies are investing in cloud-native technologies, AI-driven imaging, and geographic expansion to gain a competitive edge.

Company

Year of Establishment

Headquarters

R&D Investments

Cloud Offering

Number of Products

Strategic Partnerships

Market Revenue (2023)

AI Integration

Koninklijke Philips N.V.

1891

Amsterdam, NL

 

 

 

 

 

 

Konica Minolta Healthcare Americas

1873

New Jersey, USA

 

 

 

 

 

 

RamSoft, Inc.

1994

Toronto, Canada

 

 

 

 

 

 

Change Healthcare

1986

Tennessee, USA

 

 

 

 

 

 

VEPRO AG

1981

Pfungstadt, DE

 

 

 

 

 

 

Global Healthcare Cloud PACS Market Analysis

Market Growth Drivers

  • Increasing Adoption of Cloud-Based Solutions in Healthcare Facilities: The global healthcare cloud Picture Archiving and Communication System (PACS) market is experiencing a surge due to the increasing shift of healthcare institutions toward cloud-based solutions. In 2024, over 1,200 hospitals globally are expected to implement cloud-based PACS solutions, enhancing efficiency and reducing infrastructure costs.
  • Rising Volume of Diagnostic Imaging Procedures: The rising prevalence of chronic diseases, which are driving higher diagnostic imaging procedures, is a key driver for the healthcare cloud PACS market. In 2024, it is estimated that over 330 million diagnostic imaging procedures will be conducted globally, contributing to the increased demand for cloud-based PACS systems to manage large volumes of medical images efficiently.
  • Growing Need for Interoperability in Healthcare Systems: The demand for interoperable systems is pushing healthcare institutions to adopt cloud-based PACS. In 2024, over 900 healthcare systems in Europe are expected to invest in cloud-based solutions that offer seamless integration across multiple departments and facilities.

Market Challenges

  • Limited Bandwidth and Infrastructure in Developing Countries: The lack of adequate internet infrastructure in developing countries remains a challenge for the growth of cloud PACS systems. In 2024, more than 45% of healthcare facilities in low- and middle-income countries still lack the bandwidth required to effectively use cloud-based PACS.
  • Integration Issues with Existing Healthcare Systems: Integration with legacy healthcare systems remains a challenge for many institutions looking to transition to cloud PACS. In 2024, it is estimated that over 600 hospitals globally are facing technical difficulties while attempting to integrate cloud PACS with their existing health information systems, leading to delays in adoption.

Global Healthcare Cloud PACS Market Future Outlook

Over the next five years, the healthcare cloud PACS industry is expected to witness substantial growth, fueled by advancements in cloud technology, the integration of AI, and the increasing demand for scalable data management solutions in the healthcare sector.

Future Market Opportunities

  • Growing Adoption in Emerging Markets: Emerging markets, including India and Southeast Asia, are expected to adopt cloud PACS at a faster rate due to government-backed healthcare initiatives. By 2029, more than 800 hospitals across these regions are anticipated to implement cloud-based PACS, driven by government funding and improved digital infrastructure.
  • Shift Towards Fully Managed Cloud Services: As healthcare institutions strive to reduce operational burdens, there will be a shift towards fully managed cloud services. By 2029, over 70% of healthcare facilities globally will adopt fully managed PACS services, eliminating the need for in-house IT management.

Scope of the Report

By Application

Cardiology

Orthopedics

Ophthalmology

Oncology

Veterinary Medicine

By End-Use

Hospitals

Diagnostic Centers

Others

By Components

Hardware

Software

Services

By Deployment

Public Cloud

Private Cloud

Hybrid Cloud

By Region

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Products

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:??? 

  • Banks and Financial Institution
  • Private Equity Firms
  • Healthcare IT Providers
  • Investor and Venture Capitalist Firms
  • Government and Regulatory Bodies (e.g., FDA, European Medicines Agency)

Companies

Players Mentioned in the Report: 

  • Koninklijke Philips N.V.
  • Konica Minolta Healthcare Americas, Inc.
  • RamSoft, Inc.
  • VEPRO AG
  • Change Healthcare
  • Agfa Healthcare
  • Fujifilm Holdings Corporation
  • Sectra AB
  • QuickPACS
  • UltraLinQ

Table of Contents

Global Healthcare Cloud PACS Market Overview

Definition and Scope

Market Taxonomy

Market Growth Rate

Market Segmentation Overview

Global Healthcare Cloud PACS Market Size (In USD Mn)

Historical Market Size

Year-On-Year Growth Analysis

Key Market Developments and Milestones

Global Healthcare Cloud PACS Market Analysis

Growth Drivers

Increasing Medical Imaging Needs

Cloud-Based Efficiency for Healthcare

Expansion of Telemedicine

Integration with AI and Machine Learning

Market Challenges

Data Security and Privacy Concerns

Integration Complexity with Existing Systems

High Costs of Transition to Cloud-Based PACS

Opportunities

Emerging Markets for Healthcare IT Solutions

Technological Innovations in Cloud Storage

Expansion of Mobile Imaging Solutions

Trends

Adoption of AI in Diagnostic Imaging

Growth in Multi-site PACS Deployments

Increasing Focus on Patient Data Management

Government Regulations

Healthcare Data Protection Laws (HIPAA, GDPR)

Support for Digital Health Infrastructure

Global Healthcare Cloud PACS Market Segmentation

By Application (In Value %)

Cardiology

Orthopedics

Ophthalmology

Oncology

Veterinary Medicine

By End-Use (In Value %)

Hospitals

Diagnostic Centers

Others

By Components (In Value %)

Hardware

Software

Services

By Deployment (In Value %)

Public Cloud

Private Cloud

Hybrid Cloud

By Region (In Value %)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Global Healthcare Cloud PACS Market Competitive Analysis

Detailed Profiles of Major Companies

Koninklijke Philips N.V.

Konica Minolta Healthcare Americas, Inc.

RamSoft, Inc.

Telemis S.A.

INFINITT North America Inc.

Core Sound Imaging, Inc.

UltraLinQ

DICOM Grid, Inc.

VEPRO AG

POSTDICOM

Change Healthcare

QuickPACS

Agfa Healthcare

Sectra AB

Fujifilm Holdings Corporation

Cross Comparison Parameters (Market Share, Revenue, Headquarters, Year of Inception, R&D Investments, Number of Products, Strategic Initiatives, Cloud Adoption Rate)

Global Healthcare Cloud PACS Market Regulatory Framework

Data Protection Standards

Interoperability Requirements

Certification Processes

Global Healthcare Cloud PACS Future Market Size (In USD Mn)

Market Projections

Key Factors Driving Future Growth

Global Healthcare Cloud PACS Future Market Segmentation

By Application

By End-Use

By Components

By Deployment

By Region

Global Healthcare Cloud PACS Market Analyst Recommendations

TAM/SAM/SOM Analysis

Market Expansion Strategies

Investment Opportunities

White Space Opportunities

Disclaimer

Contact Us

Research Methodology

Step 1: Identification of Key Variables

The first phase focuses on creating a detailed map of all stakeholders involved in the healthcare cloud PACS market. Through secondary research and proprietary databases, we identify critical variables such as technological trends, healthcare regulations, and market demand.

Step 2: Market Analysis and Construction

Historical data is compiled and analyzed, evaluating the adoption rates of PACS solutions across regions and segments. This includes a review of PACS system deployments and the overall performance of cloud-based systems.

Step 3: Hypothesis Validation and Expert Consultation

We consult with industry experts through CATIs to validate our market findings. These consultations offer real-time insights into technological adoption, product performance, and market trends.

Step 4: Research Synthesis and Final Output

Final insights are gathered through direct interaction with healthcare providers and cloud service vendors. This ensures the data is accurate and reflective of market conditions, providing a comprehensive view of the healthcare cloud PACS industry.

Frequently Asked Questions

01. How big is the Global Healthcare Cloud PACS Market?

The global healthcare cloud PACS market is valued at USD 791 million, driven by increasing demand for cloud-based imaging solutions, scalability, and the need for secure data management.

02. What are the challenges in the Healthcare Cloud PACS Market?

Challenges in the global healthcare cloud PACS market include concerns over data security and privacy, the complexity of integrating PACS systems with legacy infrastructure, and high initial costs for cloud migration.

03. Who are the major players in the Healthcare Cloud PACS Market?

Key players in the global healthcare cloud PACS market include Koninklijke Philips N.V., Konica Minolta Healthcare Americas, RamSoft, Inc., Change Healthcare, and VEPRO AG, dominating due to their strategic partnerships and advanced technology offerings.

04. What are the growth drivers of the Healthcare Cloud PACS Market?

The global healthcare cloud PACS market is propelled by advancements in cloud technology, the growing prevalence of chronic diseases requiring medical imaging, and the integration of AI for diagnostic accuracy.

05. Which regions lead the Healthcare Cloud PACS Market?

North America leads due to its advanced healthcare infrastructure and early adoption of cloud-based technologies. However, Asia Pacific is witnessing rapid growth owing to increasing government investments in digital health.

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