TechNavio Announces the Publication of its Report “ Global Picture Archiving and Communication System Market 2011“2015

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TechNavio today launched its report Global Picture Archiving and Communication System Market 2011“2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Enterprise Computing team said, There is a growing trend in hospitals opting for managed services with the drop in healthcare reimbursement costs. The term managed services refers to a model where the vendor owns the IT infrastructure and hospitals bear the expenses based on projected examination volumes. In addition, the vendor is fully responsible for the maintenance of the PACS infrastructure and for providing storage and software as a service. Moreover, managed services will bring down the cost of investments in PACS and reduce the number of in-house support staff in hospitals. Hence, managed services are likely to form a significant portion of the Global PACS market in the forecast period.
According to the report, global healthcare institutions are recognizing the importance of IT applications in saving time and providing a greater quantity of medical records. This has led to huge investments in the IT infrastructure. This trend is proving to be beneficial for the adoption of PACS solutions. Therefore, IT investments are likely to play a major role in the total hospital expenditure.
Further, the report also discusses that healthcare end-users lack knowledge of IT, and this in particular poses a global challenge to the vendors of PACS.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-picture-archiving-and-communication-
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