Ophthalmology PACS Market Growth to Remain Stable during the Projection Period

Ophthalmology PACS Market: Overview

PACS (picture archiving and communication system) in ophthalmology has grown in market scope on the back of the rapid pace of digitalization healthcare and digitizing diagnostic modalities. The products in the ophthalmology PACS market gathered traction with growing focus on eye care. The strides in the market have expanded the array of imaging tools available to ophthalmologists and optometrists, thereby boosting the market. Over the past few years, the demand for such PACS gained momentum from the incessant focus on healthcare systems to spur the deployment of electronic health records. The market has also seen a new avenue from the growing number of patients visiting ophthalmologists, and are detected with early signs of diabetes. Thus, PACS has also gained clinical acceptance in understanding the diagnosis and monitoring of diabetes.

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Rise in number of clinics in the developing world deploying ophthalmology PACS is a key driver for the growth in the ophthalmology PACS market. Growing expertise of clinicians and radiologists who are making participation in ophthalmology PACS implementation. This is a key driver for emerging prospects in emerging markets.  Further, various electronic health record systems vendors are keen on offering end-to-end integration in hospitals, which has also facilitated the integration of PACS. Advances in healthcare information systems in developing economies have further expanded the canvas for the commercialization of ophthalmology PACS.

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One of the integral part of ophthalmic division is ophthalmic imaging. It permits the clinician to keep an observation on the findings through clinical ocular examination in an objective, transmissible, reproducible, and durable manner. Ophthalmic imaging devices enable the identification of diseases and anatomical features which are not easily seen through standard examination techniques, and facilitate quantitative analysis. Ophthalmic imaging is used for diagnosis, treatment, and long-term monitoring of ocular conditions. It also plays a vital role in screening of ophthalmic diseases, clinical trials, teaching, telemedicine, and virtual clinics. Instrument suppliers provide a software which includes a patient database that can be connected to the server and the data folder will be placed on a storage device. Due to the advancements in software, more detailed statistics are captured by the software, leading to increase in the volume of per patient data captured. This data is then stored in the software, accessible to the doctor as and when he needs to retrieve it.

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The PACS system ensures connectivity between multiple modalities, enabling the clinician to receive data from different modalities in a single report. PACS enables the end-user to have all data of the patient from a single system and speed up patient input by machine, thereby promoting a paperless environment. PACS is a lightweight system. There is a significant amount of informal and non-billable, important communication that is facilitated by PACS. Demand for PACS systems is expected to grow rapidly as digital cameras and other image devices are becoming more frequent in health care. This enables clinicians to learn to communicate with images. PACS has innovative uses and strong clinical evidences which is expected to aid in building its user community. Rise in adoption of teleophthalmology across the world is likely to drive the global ophthalmology PACS market during the forecast period. However, regular maintenance of the system, implementation, and initial acquisition of the system are anticipated to restrict the growth of the ophthalmology PACS market in the near future as these involve additional and recurring costs. Digital acquisition devices, communications networks, and mass storage devices and related software are included in acquisition costs. Then comes implementation cost which involves integration and the training of personnel on PACS.

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The global ophthalmology PACS market can be segmented based on type, delivery model, and end-user. Based on type, the ophthalmology PACS market can be divided into standalone PACS and integrated PACS. The integrated PACS segment is projected account for the dominant share of the ophthalmology PACS market during the forecast period. Integrated PACS system offers several advantages, such as, easy deployment and use, data security, easy interoperability, cost-effectiveness, and portability. These factors are expected to boost the growth of the segment in the near future. In terms of delivery model, the global ophthalmology PACS market can be classified into Web or cloud-based model and on-premise model. The on-premise model segment is estimated to lead the ophthalmology PACS market in the next few years as on-premise models permit higher degree of customization than the web or cloud-based models. Based on end-user, the ophthalmology PACS market can be segmented into hospitals, specialty clinics, ambulatory surgery centers, medical education centers, and eye research institutes and laboratories. Hospitals are anticipated to have a leading share in the ophthalmology PACS market during the forecast period, as the trend of hospitals being funded by investments is growing in North America.

Geographically, the global ophthalmology PACS market can be distributed into North America, Europe, Latin America, Asia Pacific and Middle East & Africa. North America is expected to account for a substantial share of the global market and is forecasted to lead the market during the forecast period. Growth of the region in the global market can be attributed to the strategic presence of key market players in the U.S. and Canada.

Prominent players operating in the global ophthalmology PACS market include IBM Watson Health, EyePACS, Carl Zeiss Meditec AG, Heidelberg Engineering, Sonomed Escalon, Topcon Corporation, and Visbion.

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