Global Opthalmology PACS Market Dynamics, Application Share, Growth, Vendor Competition, Trends and Forecast 2020-2030

The size of the ophthalmology PACS market was estimated at USD 176.1 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 8.1% from 2023 to USD 278.98 million by 2030.

In the past, there was a substantial growth in the elderly population and the occurrence of the disorders related to age, involves eye disorders. Opthalmology PACS is the main factor fueling the demand for the inventive technologies for the treatment and diagnosis of the ophthalmic conditions driving the ophthalmology PACS market. Layer of tear is losing the stability and damages rapidly in the geriatric population, as a result, risk of having the severe eye disorders are increasing substantially with age after 60 years. These eye disorders are involving the conditions like cataract, diabetic eye disease, glaucoma, low vision and macular degeneration.

Most of the people with the eye diseases are increasing worldwide, and the loss of vision is the main concern amongst the individuals. Increase in the occurrence of the chronic diseases like hypertension, diabetes and aging population are increasing the occurrence of the eye disorders like ocular hypertension and diabetic retinopathy are boosting the global ophthalmology PACS market. Maximum blind population or those suffering from less vision is anticipated to grow significantly and increase the ophthalmology PACS market share. Opthalmology PACS are efficiently used in the production of the image data eradicating the physical restraints related to the communication of the radiologic image on film.

Increase in the occurrence of the eye disorders is creating it habitual for the ophthalmologists to instruct the unique methods of treatment. Various regions are having the high rate of accepting the ophthalmology PACS because of the increase in awareness amongst the healthcare professionals and the general population. Factors that are responsible for the growth of ophthalmology PACS market are shortage of ophthalmologists, increase in the acceptance of teleophthalmology, increase in the eye diseases and growth in the elderly population. Although, implementing the PACS is of high price, more training required, fault in the system results in the loss of images are the drawbacks that are hampering the global ophthalmology PACS market growth. PACS is the picture archiving and communications system (PACS) referring a computer system that are displaying, capturing and storing medical images. Integrated PACS are having various advantages like cost-effectiveness, data security, reliability, use and easy establishment. PACS are analyzing and manipulating the image, provides effective data management and transport and saves the cost of printing, lessen the waiting time for patients. These advantages are playing the major role for accepting the PACS and are fueling the growth of ophthalmology PACS market.

Global ophthalmology PACS market is segmented into end-use, type, delivery model and region. On the basis of end-use, market is divided into hospitals, Ambulatory Surgical Center (ASCS) & Specialty Clinics and more. Based on type, market is divided into standalone PACS and integrated PACS. On considering the delivery model, market is divided into cloud/ web based models, on-premise models and more.

Geographically, regions involved in the development of global ophthalmology PACS market share are Europe, North America, Asia Pacific and Latin America. North America is anticipated to hold the largest ophthalmology market share in the coming future. Asia Pacific is estimated to grow at the highest CAGR over the forecast period.

Key players involved in increasing the global ophthalmology PACS market size are Topcon Corporation, IBM corporation, Carl Zeiss Meditec AG, EyePACS, Heidelberg Engineering and more.

Opthalmology PACS Market Scope

Key Segments in the “Global Ophthalmology PACS Market” are-

By End-Use, market is segmented into:

• Hospitals
• Ambulatory Surgical Center (ASCS) & Specialty Clinics
• Others

By Type, market is segmented into:

• Standalone PACS
• Integrated PACS

By Delivery Model, market is segmented into:

• Cloud/ web based models
• On-premise models
• Others

By Regions market is segmented into:

• Europe
• North America
• Asia-Pacific
• Latin America