The global market for PACS and teleradiology systems is expected to be worth $4.4 billion by 2010, while the computed radiography (CR) and RIS markets are also expected to grow in years to come.
That's according to a new report released this week by market research firm Global Industry Analysts of San Jose, CA. The report said that increased adoption of digital technologies is expected to bolster demand.
The report states that the U.S., Europe, and Japan dominate the global market for PACS and teleradiology systems, with more than 88% of sales coming from these regions. The U.S. leads the world in terms of PACS acceptance, while interest is heating up in Europe as countries look for ways to reduce healthcare costs while providing better patient care. PACS growth in Europe is expected at a 13% compound annual growth rate through 2010.
The CR market is expected to produce $153 million in sales in 2010, while the RIS market in Japan will produce $98 million in revenues by 2010.
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