Rising Prevalence of Eye Diseases—Key Drivers for Market Growth of Ophthalmology PACS Market
Growth in this market is mainly driven by the rapid growth in the geriatric population, rising prevalence of eye diseases, limited number of ophthalmologists, government initiatives to encourage the adoption of EHR/EMR, and the increasing adoption of teleophthalmology.
Based on type, the ophthalmology PACS market is segmented into standalone and integrated
PACS. Among these, the integrated PACS segment is expected to register the
highest CAGR during the forecast period. The advantages associated with the use
of integrated PACS, such as ease of deployment and use, easy interoperability,
data security, portability, and cost-effectiveness, are
driving the growth of this segment.
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On the basis of delivery model, the ophthalmology PACS market is segmented into on-premise and
web/cloud-based models. The web/cloud-based PACS segment is expected to grow at
the highest CAGR during the forecast period. The high growth rate can be attributed to the fact that, these models do
not require any significant setup charges. Maintenance and support service
charges are also included in subscription
fees, which make these delivery models more affordable for customers.
Based
on end user, the ophthalmology PACS
market is segmented into hospitals,
specialty clinics & ambulatory surgery centers, and other end users. In
2018, the specialty clinics & ambulatory surgical centers segment is expected to register the highest CAGR during
the forecast period. The growing patient pool for the diagnosis and treatment
of cataracts in specialty clinics & ASCs due to cost-effective treatments
is expected to propel the growth of the ophthalmology PACS market in this
end-user segment.
Among
the four regional segments covered in the ophthalmology PACS market—North
America, Europe, Asia, and the Rest of the World (RoW), Asia is expected to
grow at the highest CAGR during the forecast period. The high growth of this
regional segment is attributed to increasing
demand for diagnostic imaging procedures, growing medical tourism, increasing
geriatric population and incidence of age-related eye diseases, growing
awareness on healthcare services, rising healthcare expenditure, and the
development of the healthcare infrastructure.
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