Market Size of Global Ophthalmology PACS Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 8.00 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Ophthalmology PACS Market Analysis
The ophthalmology PACS (Picture Archiving and Communication System) market is expected to record a CAGR of 8% over the forecast period.
COVID-19 had a significant impact on the overall healthcare industry during the initial phases due to delayed ophthalmic consultations and reduced patient visits. For instance, as per the article published in February 2021 in PubMed, ophthalmologists were most in danger when performing gonioscopy, direct and indirect ophthalmoscopy, and slit-lamp examinations because most of the time, ophthalmologists tend to be closer to their patients. When PACS was utilized, the scanned images of the patient's eye or the related areas were archived, and the doctor could easily assess the condition without a close checkup. Furthermore, the article published in August 2021 in PubMed stated that the COVID-19 pandemic had been a critical test for the clinical practice, professional education, and mental health components of the ophthalmic care system. When PACS implemented Post-COVID in medical care associations, they were able to securely store and share clinically relevant reports and digital images online. The ophthalmology PACS was used to handle the picture data and remove the need for manual data documentation, storage, and retrieval. Thus, in the coming years, the market is anticipated to witness growth due to the rise in the implementation of PACS in ophthalmology care.
Eye disease is a global health concern that negatively impacts individuals' physical and mental health. The increasing prevalence of eye diseases is increasing the demand for ophthalmic PACS globally. When there is a high prevalence of ophthalmic patients, the ophthalmology PACS allows the physician to handle the picture data and removes the need for manual data documentation, storage, and retrieval. The PACS system ensures availability across a wide range of modalities, enabling the doctor to obtain data from several sources in a single report. In many developed and developing countries, eye conditions have emerged as potential threats to eyesight. For instance, as per the 2021 update from the BrightFocus Foundation, more than 3 million Americans are living with glaucoma, and 2.7 million of those aged 40 and older are affected by its most common form, open-angle glaucoma.
Furthermore, per the article published in April 2022 in PubMed, periodic screening (annual or biannual screening in the first five years) was better than nonperiodic screening in the middle-to-advanced age group in the first five years in detecting instances of diabetic retinopathy (DR), but not in younger patients. Moreover, as per the 2022 update from the National Eye Institute, between 2010 and 2050, the estimated number of people who have had cataracts is likely to double from 24.4 million to 50 million. Hence, the rising burden of eye-related disorders and increased screening and diagnosis of the same are projected to have a great impact on the growth of the market studied.
Thus, due to the rise in eye diseases and the increase in acceptance of teleophthalmology, the ophthalmology PACS (picture archiving and communication system) market is likely to grow over the forecast period. However, high implementation and maintenance costs restrain market growth.
Ophthalmology PACS Industry Segmentation
As per the scope of the report, Ophthalmology PACS (Picture Archiving and Communication System) are used in the efficient management of image data, eliminating the physical constraints associated with the communication of radiologic image data on film. The Ophthalmology PACS (Picture Archiving and Communication System) Market is segmented by Type (Integrated PACS and Standalone PACS), Delivery Model (Cloud-Based Model, On-Premise Model), End User (Hospitals & Clinics, Ambulatory Surgical Centers), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.
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Integrated PACS | |
Standalone PACS |
By Delivery Model | |
Cloud-Based Model | |
On-Premise Model |
By End User | |
Hospitals & Clinics | |
Ambulatory Surgical Centers |
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Global Ophthalmology PACS Market Size Summary
The ophthalmology PACS (Picture Archiving and Communication System) market is poised for significant growth, driven by the increasing prevalence of eye diseases and the rising adoption of teleophthalmology. The COVID-19 pandemic highlighted the importance of PACS in ophthalmic care by enabling remote assessment of eye conditions, thereby reducing the need for close patient interactions. This shift has led to a greater emphasis on digital solutions that facilitate the storage and sharing of clinical data, enhancing the efficiency of ophthalmic consultations. The integration of PACS with Radiology Information Systems (RIS) and Electronic Health Records (EHR) systems further streamlines workflows, reduces data management complexities, and improves diagnostic accuracy. These advancements are expected to propel the market forward, despite challenges such as high implementation and maintenance costs.
North America is anticipated to be a key region for market expansion, with the United States contributing significantly due to its high number of ophthalmic patients and ongoing government initiatives in eye care. The region's market growth is supported by research and development activities, product launches, and strategic partnerships aimed at enhancing digital healthcare systems. The competitive landscape is characterized by the presence of major players like Agfa-Gevaert N.V., Carl Zeiss Meditec AG, and Heidelberg Engineering GmbH, who are actively engaging in mergers, acquisitions, and collaborations to strengthen their market position. As awareness of eye diseases increases and the demand for integrated PACS systems grows, the ophthalmology PACS market is expected to experience robust growth over the forecast period.
Global Ophthalmology PACS Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 High Prevalence of Eye Diseases
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1.2.2 Increasing Geriatric Population
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1.2.3 Expansion of Teleophthalmology
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1.3 Market Restraints
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1.3.1 High Implementation and Maintenance Costs
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1.4 Porter Five Forces
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD Million)
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2.1 By Type
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2.1.1 Integrated PACS
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2.1.2 Standalone PACS
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2.2 By Delivery Model
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2.2.1 Cloud-Based Model
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2.2.2 On-Premise Model
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2.3 By End User
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2.3.1 Hospitals & Clinics
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2.3.2 Ambulatory Surgical Centers
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Global Ophthalmology PACS Market Size FAQs
What is the current Global Ophthalmology PACS Market size?
The Global Ophthalmology PACS Market is projected to register a CAGR of 8% during the forecast period (2024-2029)
Who are the key players in Global Ophthalmology PACS Market?
Agfa-Gevaert N.V., Carl Zeiss Meditec AG, Heidelberg Engineering GmbH, Visbion Limited and IBM Corporation are the major companies operating in the Global Ophthalmology PACS Market.