Asia-Pacific is proving a fertile market for radiology information systems-picture archiving and communication systems (RIS-PACS) as imaging has begun to play a more significant role in both therapy and diagnostics. The healthcare industry’s imminent migration from conventional imaging solutions to second or third generation imaging IT has compelled RIS-PACS vendors to develop advanced systems that will strengthen efficiency and address workflow challenges.
New analysis from Frost & Sullivan, End-User Perspectives on the SEA RIS-PACS Market, finds that the market earned revenues of $112.0 million in 2014 and estimates this to reach $160.7 million in 2019. Indonesia is expected to emerge the fastest growing market owing to the rising demand for and investment in healthcare services.
“Healthcare providers have increased the adoption of advanced imaging techniques such as positron emission tomography, computed tomography and magnetic resonance imaging,” said Frost & Sullivan Transformational Health Industry Manager Natasha Gulati. “Further, they are exploring new revenue streams such as medical tourism and teleradiology, all of which will augment the volume and complexity of imaging data and necessitate sophisticated imaging IT.”
“Feeling the pulse of the market, visionary vendors have begun to communicate the structure and benefits of deconstructed PACS,” continued Gulati. “This modular approach to imaging IT has already been introduced in the United States and Europe, and is expected to debut in Southeast Asia over the next five years.”