Ophthalmology PACS (Integrated, Standalone) Market Analysis Report 2023: A Global $248 Million Market by 2030 - Increased Prevalence of Various Eye Diseases Fueling Demand

Dublin, Nov. 14, 2023 (GLOBE NEWSWIRE) -- The "Ophthalmology PACS Market Size, Share & Trends Analysis Report By Type (Integrated, Standalone), By Mode Of Action (Cloud-based, On-premise), By End-use (Hospitals, Specialty Clinics), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

The global ophthalmology PACS market size is expected to reach USD 248.6 million by 2030, expanding at a CAGR of 7.3% from 2023 to 2030

Moreover, rising prevalence of eye diseases, such as cataract, glaucoma, age-related macular degeneration, and diabetic retinopathy, is expected to fuel demand for ophthalmology PACS in near future.

The Department of Ophthalmology of National University of Singapore conducted a study in collaboration with National University Health System, Singapore and South Central Asia. According to this study, the number of glaucoma cases diagnosed in 2013 was 17.06 million, which is anticipated to reach around 32.9 million by 2040.

Product development, geographical expansion and M&A are some sustainability strategies adopted by major companies in this market. For instance, in August 2017, Carl Zeiss Meditec Inc., acquired Veracity Innovations, LLC, a U.S.-based medical software company that delivers cloud-based platforms to maximize clinical performance and work efficiency.

These platforms help ophthalmologists in delivering personalized technology-enabled care to their patients. The acquisition is intended to expand the former company's eye care-based digital solutions portfolio. The company is also focusing on expanding the business in Asia Pacific owing to larger patient pool in this region.

Ophthalmology PACS Market Report Highlights

  • Increasing cases of ophthalmic diseases, lack of skilled ophthalmologists, and growing usage of teleophthalmology solutions in developed countries are the factors driving the market
  • Cloud-based PACS is anticipated to register lucrative growth during the forecast period owing to features, such as interoperability and mutual performance, privacy and security, reduced errors, and improved quality
  • North America held the major share of the market in 2022 due to increased ophthalmic disease burden and healthcare expenditure by public and private firms in this region
  • Asia-Pacific is anticipated to register the highest CAGR during forecast period due to rising prevalence of glaucoma coupled with high demand for an effective diagnostic solution
  • Carl Zeiss Meditec AG; Topcon Corp.; Merge Healthcare, Inc. are the major companies in the global ophthalmology PACS market
  • Most of these companies are focusing on technological advancements, M&A, and R&D as part of their business expansion strategies

Competitive Landscape: Company Overview, Financial Performance, Product Benchmarking, Strategic Initiatives

  • Carl Zeiss Meditec AG
  • Topcon Corporation
  • Heidelberg Engineering GmbH
  • Sonomed Escalon
  • Visbion
  • EyePACS, LLC
  • VersaSuite
  • Merge Healthcare Inc (IBM Watson Health)
  • ScImage, Inc.

Key Attributes:

Report AttributeDetails
No. of Pages105
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$142.1 Million
Forecasted Market Value (USD) by 2030$248.6 Million
Compound Annual Growth Rate7.3%
Regions CoveredGlobal

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Ophthalmology PACS Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.2.2. Market restraint analysis
3.3. Ophthalmology PACS Market Analysis Tools
3.3.1. Industry Analysis - Porter's
3.3.2. PESTEL Analysis

Chapter 4. Ophthalmology PACS: Type Estimates & Trend Analysis
4.1. Ophthalmology PACS Market: Key Takeaways
4.2. Ophthalmology PACS Market: Movement & Market Share Analysis, 2022 & 2030
4.3. Standalone PACS
4.3.1. Standalone PACS market estimates and forecasts, 2018 to 2030 (USD Million)
4.4. Integrated PACS

Chapter 5. Ophthalmology PACS: Mode of Action Estimates & Trend Analysis
5.1. Ophthalmology PACS Market: Key Takeaways
5.2. Ophthalmology PACS Market: Movement & Market Share Analysis, 2022 & 2030
5.3. On-Premise System
5.3.1. On-premise system market estimates and forecasts, 2018 to 2030 (USD Million)
5.4. Cloud-based System

Chapter 6. Ophthalmology PACS: End-use Estimates & Trend Analysis
6.1. Ophthalmology PACS Market: Key Takeaways
6.2. Ophthalmology PACS Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Hospital
6.3.1. Hospital market estimates and forecasts, 2018 to 2030 (USD Million)
6.4. Specialty Clinics
6.5. Others

Chapter 7. Ophthalmology PACS Market: Regional Estimates & Trend Analysis
7.1. Regional Outlook
7.2. Ophthalmology PACS Market by Region: Key Takeaways

For more information about this report visit https://www.researchandmarkets.com/r/cqyzb7

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Global Ophthalmology PACS Market

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