Global PACS and RIS Market: Presence of Numerous Local Players to Increase Competition, Says TMR
By NS Energy Staff WriterThe global market for picture archiving and communication system (PACS) and radiology information system (RIS) demonstrates a highly consolidated and competitive business landscape, finds a new research study by Transparency Market Research (TMR). In 2015, the top five firms, namely GE Healthcare, McKesson Corp., Philips Healthcare, Fujifilm Holdings Corp., and Siemens Healthineers, held more than 60% of the overall market and the scenario is more likely to remain similar over the next few years. The competitive landscape in regional markets, however, is fragmented due to the presence of numerous local players, which reflects in the heightened degree of competition in this market, states the research report.