The global healthcare cloud picture archiving and communication system market is estimated to be USD 0.862 billion in 2024 and is predicted to reach USD 2.21 billion by 2035, with a CAGR of 8.93% during the forecast period 2025-2035. The market will grow due to factors such the growing need for effective medical image management, cloud computing advancements, the integration of AI and machine learning, an increase in government initiatives and regulatory compliance, and the growing use of telehealth and remote monitoring.
Medical image analysis is being transformed by AI-powered algorithms, which make it possible to identify abnormalities early and plan treatments in an efficient way. A prime example of this is Koninklijke Philips N.V., which unveiled its expanded enterprise imaging portfolio and AI-powered solutions at RSNA23 in November 2023. The introduction of Philips HealthSuite Imaging, a cutting-edge cloud-based PACS solution leveraging Amazon Web Services (AWS), is poised to optimize radiology and clinical workflows.
By deployment mode, the cloud-based PACS segment accounted for the highest revenue-grossing segment in the global healthcare cloud picture archiving and communication system market in 2024 owing to the increasing demand for remote access, scalability, and cost-effectiveness. For instance, in June 2023, Change Healthcare unveiled cloud-native PACS. A fully functional cloud-native software as a service (SaaS), Stratus Imaging PACS offers a scalable, secure solution for a simple cost per study. Utilizing a fully functional cloud-native SaaS model, practices can save money on overhead and maintenance, offer dependable remote reading access, and take advantage of cybersecurity best practices. Additionally, the on-premise PACS segment is predicted to grow at the fastest CAGR during the forecast period owing to the need for high security and data privacy for sensitive medical images, especially in organizations with stringent regulatory requirements.
By application, the cardiology segment accounted for the highest revenue-grossing segment in the global healthcare cloud picture archiving and communication system market in 2024 owing to the extensive use of imaging modalities like echocardiograms and CT scans in cardiology. For instance, NADICO unveiled a cutting-edge, cloud-based Software as a Service (SaaS) Picture Archiving and Communication System (PACS) in May 2023. This technology allows radiologists and clinicians to quickly and affordably access and view X-ray, PET, CT, MRI, and DSA scans on any device. The company claims that scan results can be viewed minutes after they are finished. Additionally, the oncology segment is predicted to grow at the fastest CAGR during the forecast period owing to its increasing prevalence and the need for precise diagnosis and treatment planning.
By end-user, the hospital segment accounted for the highest revenue-grossing segment in the global healthcare cloud picture archiving and communication system market in 2024 owing to the large volume of medical images generated and the need for efficient storage, retrieval, and sharing of these images. For instance, in October 2023, DeepC and Intelimed AI emphasize the region's move to incorporate cloud computing and AI-driven solutions in healthcare. Through filling in important gaps in the healthcare system, this partnership seeks to improve operational effectiveness and diagnostic accuracy. Additionally, the diagnostic centers segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing number of specialized diagnostic centers and the rising demand for advanced imaging services.
North American region is anticipated to have the largest revenue share during the forecast period owing to the strong presence of key market companies, advanced healthcare infrastructure, and increasing adoption of advanced technologies. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the rapidly growing healthcare sector, increasing healthcare expenditure, and rising prevalence of chronic diseases. For instance, OnePACS, a SaaS provider in the Teleradiology and Picture Archiving and Communication Systems (PACS) industries, was purchased by Experity in August 2023. Experity's position in urgent care teleradiology is strengthened by this strategic acquisition, which closes a significant gap in the provision of on-demand care.
This comprehensive research report focuses on the global and regional market size and forecasts from 2024 to 2035.
Medical image analysis is being transformed by AI-powered algorithms, which make it possible to identify abnormalities early and plan treatments in an efficient way. A prime example of this is Koninklijke Philips N.V., which unveiled its expanded enterprise imaging portfolio and AI-powered solutions at RSNA23 in November 2023. The introduction of Philips HealthSuite Imaging, a cutting-edge cloud-based PACS solution leveraging Amazon Web Services (AWS), is poised to optimize radiology and clinical workflows.
By deployment mode, the cloud-based PACS segment accounted for the highest revenue-grossing segment in the global healthcare cloud picture archiving and communication system market in 2024 owing to the increasing demand for remote access, scalability, and cost-effectiveness. For instance, in June 2023, Change Healthcare unveiled cloud-native PACS. A fully functional cloud-native software as a service (SaaS), Stratus Imaging PACS offers a scalable, secure solution for a simple cost per study. Utilizing a fully functional cloud-native SaaS model, practices can save money on overhead and maintenance, offer dependable remote reading access, and take advantage of cybersecurity best practices. Additionally, the on-premise PACS segment is predicted to grow at the fastest CAGR during the forecast period owing to the need for high security and data privacy for sensitive medical images, especially in organizations with stringent regulatory requirements.
By application, the cardiology segment accounted for the highest revenue-grossing segment in the global healthcare cloud picture archiving and communication system market in 2024 owing to the extensive use of imaging modalities like echocardiograms and CT scans in cardiology. For instance, NADICO unveiled a cutting-edge, cloud-based Software as a Service (SaaS) Picture Archiving and Communication System (PACS) in May 2023. This technology allows radiologists and clinicians to quickly and affordably access and view X-ray, PET, CT, MRI, and DSA scans on any device. The company claims that scan results can be viewed minutes after they are finished. Additionally, the oncology segment is predicted to grow at the fastest CAGR during the forecast period owing to its increasing prevalence and the need for precise diagnosis and treatment planning.
By end-user, the hospital segment accounted for the highest revenue-grossing segment in the global healthcare cloud picture archiving and communication system market in 2024 owing to the large volume of medical images generated and the need for efficient storage, retrieval, and sharing of these images. For instance, in October 2023, DeepC and Intelimed AI emphasize the region's move to incorporate cloud computing and AI-driven solutions in healthcare. Through filling in important gaps in the healthcare system, this partnership seeks to improve operational effectiveness and diagnostic accuracy. Additionally, the diagnostic centers segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing number of specialized diagnostic centers and the rising demand for advanced imaging services.
North American region is anticipated to have the largest revenue share during the forecast period owing to the strong presence of key market companies, advanced healthcare infrastructure, and increasing adoption of advanced technologies. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the rapidly growing healthcare sector, increasing healthcare expenditure, and rising prevalence of chronic diseases. For instance, OnePACS, a SaaS provider in the Teleradiology and Picture Archiving and Communication Systems (PACS) industries, was purchased by Experity in August 2023. Experity's position in urgent care teleradiology is strengthened by this strategic acquisition, which closes a significant gap in the provision of on-demand care.
This comprehensive research report focuses on the global and regional market size and forecasts from 2024 to 2035.
Report Scope:
- Base Year: 2024
- Forecast Period: 2025-2035
- Study Coverage
- Market Forecast by Deployment Mode, Application, and End-User
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of the Top 10+ Major Market Players
- 20% Free Customization Available to Meet Your Exact Requirement.
Segmentation: Healthcare Cloud Picture Archiving and Communication System Market Report 2024 - 2035
Healthcare Cloud Picture Archiving and Communication System Market Analysis & Forecast by Deployment Mode 2024 - 2035 (Revenue USD Bn)
- Web Based
- Cloud Based
- On-premise
Healthcare Cloud Picture Archiving and Communication System Market Analysis & Forecast by Application 2024 - 2035 (Revenue USD Bn)
- Cardiology
- Orthopedics
- Ophthalmology
- Oncology
- Veterinary Medicine
- Others
Healthcare Cloud Picture Archiving and Communication System Market Analysis & Forecast by End-User 2024 - 2035 (Revenue USD Bn)
- Hospitals
- Diagnostic Centers
- Others
Healthcare Cloud Picture Archiving and Communication System Market Analysis & Forecast by Region 2024 - 2035 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Healthcare Cloud Picture Archiving and Communication System Market: Deployment Mode Estimates & Trend Analysis
8. Healthcare Cloud Picture Archiving and Communication System Market: Application Estimates & Trend Analysis
9. Healthcare Cloud Picture Archiving and Communication System Market: End-User Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Healthcare Cloud Picture Archiving and Communication System Market
12. Europe Global Healthcare Cloud Picture Archiving and Communication System Market
13. Asia Pacific Global Healthcare Cloud Picture Archiving and Communication System Market
14. Latin America Global Healthcare Cloud Picture Archiving and Communication System Market
15. MEA Global Healthcare Cloud Picture Archiving and Communication System Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- GE Healthcare
- Philips Healthcare
- Siemens Healthineers
- Canon Medical Systems Corporation
- IBM Watson Health
- Carestream Health
- Fujifilm Healthcare
- Infinitt Healthcare
- Sectra
- Merge Healthcare (an IBM Company)
- NVIDIA
- McKesson Corporation
- Vital Images
- Konica Minolta Healthcare
- Teleradiology Solutions
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | December 2024 |
Forecast Period | 2023 - 2034 |
Estimated Market Value ( USD | $ 0.86 Billion |
Forecasted Market Value ( USD | $ 2.21 Billion |
Compound Annual Growth Rate | 8.9% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |