Published by Coherent Market Insights
Posted on September 22, 2021
5 min readLast updated: February 3, 2026
The PACS and RIS market is set to reach $4.8 billion by 2027, driven by the adoption of cloud-based solutions and increased demand due to COVID-19.
Picture archiving and communication system (PACS) is a medical imaging technology that provides convenient access and economical storage to images in multiple modalities. PACS provide the electronic platform for interfacing radiology images with radiology information system (RIS), the core system for the electronic management of imaging departments. It is a computerized database used to distribute, manipulate, and store patient radiological data and imagery. RIS complements hospital information systems (HIS) and PACS, and is critical to efficient workflow to radiology practices. Emergence of infectious diseases or life-threatening diseases is expected to boost the PACS and RIS market growth.
The global PACS and RIS market is estimated to account for US$ 3,045.0 Mn in terms of value in 2021 and is expected to reach US$ 4,821.6 Mn by the end of 2028.
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For instance, the emergence of coronavirus disease (COVID-19 pandemic), is an infectious disease caused by a newly discovered coronavirus. Older people, and those with underlying medical problems, such as cancer, chronic respiratory disease, diabetes, and cardiovascular disease, are more likely to develop serious illness. According to the World Health Organization (WHO), as of 5:18pm CEST, 3 June 2021, there have been 171,292,827 confirmed cases of COVID-19, including 3,687,589 deaths, worldwide. Thus, with the increasing number of cases, the demand for PACS and RIS is also increasing. This in turn is expected to augment the growth of the PACS and RIS market, especially in the Asia Pacific.
According to WHO, in India, from 3 January 2020 to 5:18pm CEST, 3 June 2021, there have been 28,441,986 confirmed cases of COVID-19 with 337,989 deaths. Moreover, the increasing adoption of digital pathology and increasing adoption of cloud-based PACS is driving the PACS and RIS market growth. Cloud-based PACS offers many benefits such as the rapid elasticity, resource pooling, broad network access, on-demand self-service, measured service, etc. Furthermore, increasing demand for or adoption of mobile applications in the healthcare sector is also expected to aid in growth of the market.
In April 2020, Hyland Healthcare launched PACSgear Enterprise, the latest version of the PACSgear server software, which supports the advanced capture and connectivity modules of the PACSgear platform. Accessible through a web-based, thin-client user interface, PACSgear Enterprise supports multiple servers and provides a single platform for all enterprise imaging capture activities ensuring clinicians can quickly capture point-of-care images from anywhere and automatically link them to the electronic medical record (EMR).
However, PACS and RIS are prone to cyber-attacks, thereby increases concerns about data safety. The aforementioned factors, and the high cost of PACS and RIS, are expected to restrain the PACS and RIS market growth.
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Key Players In PACS and RIS Market
The “Global PACS and RIS Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Philips Healthcare, Cerner Corporation, Agfa Healthcare, Fujifilm Holdings Corporation, Allscripts Healthcare Solutions Inc., Sectra, Epic Systems Corporation, General Electric Company, Siemens AG, McKesson Corporation, Wellbeing Software, Merge Healthcare Incorporated, Medinformatix Inc., eRAD, Inc., and RamSoft Inc.
The study objectives of this report are:
• To study and analyze the global Keyword size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2027, and forecast to 2027.
• To understand the structure of Keyword by identifying its various sub-segments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• Focuses on the key global Keyword manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
• To analyze the Keyword with respect to individual growth trends, future prospects, and their contribution to the total market.
• To project the value and volume of Keyword sub-markets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies
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The post PACS and RIS market to reach a value of US$ 4,821.6 Mn by 2027 at a CAGR of 6.8% during the forecast period 2021 – 2028 appeared first on Gatorledger.
The article discusses the growth of the PACS and RIS market, projected to reach $4.8 billion by 2027.
The adoption of cloud-based PACS and the impact of the COVID-19 pandemic are key drivers.
Major players include Philips Healthcare, Siemens AG, and Cerner Corporation.
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