The US PACS, RIS, and CVIS market is projected to experience modest expansion through 2033. This growth is driven by the increasing rates of chronic illnesses in the US that drive radiology and cardiology procedure volumes, as well as the continued efforts by manufacturers to integrate AI/ML that streamline clinical workflows, increase efficiency, and reduce costs. However, overall market expansion will be hindered by market saturation, which is driving increased price competition among vendors, as well as facility budget constraints for capital equipment, and an increasing shift toward enterprise solutions.
This Medtech 360 Report provides comprehensive data and analysis on the state of the market for PACS, RIS, and CVIS in the US from 2019 through 2033.
The US market for PACS, RIS, and CVIS is nearing saturation across many facility types.
What is the penetration of PACS, RIS, and CVIS in the US across different facility types?
Which types of facilities have already reached saturation, and which are still seeing incremental sales?
What is the expected volume of replacement sales through 2033?
Adoption of new emerging technologies as replacements for traditional PACS, RIS, and CVIS will rapidly change market prospects.
What are the emerging technologies that are affecting the future of the traditional PACS, RIS, and CVIS markets?
How will the adoption of enhanced diagnostic tools such as AI and machine learning change the market, and what are the competitive implications of this technology?
Strategic collaborations between traditional HCIT companies and tech companies are pivotal for staying competitive in the PACS, RIS, and CVIS market.
How will mergers and acquisitions change the competitive landscape of the PACS, RIS, and CVIS market?
How will AI integration affect the competitiveness of certain companies?
Despite the substantial market size of PACS, RIS, and CVIS in the US, growth of VNA and EHRs is expected to constrain this market.
How will widespread adoption of EHRs and VNAs affect the PACS, RIS, and CVIS market?
How can traditional PACS vendors position themselves in a market that increasingly prioritizes vendor neutrality and interoperability between IT solutions?
Hospital consolidation is driving demand for high-value PACS, RIS, and CVIS contracts.
How will hospital consolidation and declining physician influence affect purchasing decisions for PACS, RIS, and CVIS?
Which vendors will benefit the most from this changing landscape?
Cybersecurity in the HCIT sector is a growing topic of discussion, and vendors are increasingly investing in improving the security of their systems.
How has hospital consolidation affected cybersecurity needs in this space?
How and why are cybersecurity-related certifications being used by PACS, RIS, and CVIS competitors?
Table of Contents
United States
Abstract
Executive Summary
COVID-19 Updates
Market Highlights
Competitive Highlights
Market Developments
Products Covered
Key Report Updates
HITECH Act and MACRA Overview
HITECH Act Overview
Incentive Program and Meaningful Use
Certification
MACRA Overview
Merit-Based Incentive Payment System and Advancing Care Information Program
Advanced Alternative Payment Models
PACS, RIS, and CVIS Market
Market Highlights
Key Content Updates
Market Definitions
Facility Type Definitions
Hospitals
Outpatient Centers
Market Valuation Definitions
Capital Equipment Purchase Models
Initial Revenues
Recurring Revenues
Operationalized Purchase Models
Lease/Annuity Models
Transactional Models
Performance-Based Models
Market Forecast Data
Market Shares
Competitive Insights
Philips Healthcare
Change Healthcare
GE Healthcare
Other Key Competitors
Factors Affecting All Competitors
Market Developments
Radiology PACS Market
Market Highlights
Key Content Updates
Market Definitions
Market Forecast Data
Academic/Research Hospitals
Large Community Hospitals
Small Community Hospitals
Affiliated Ambulatory Centers
Independent Ambulatory Centers
Market Shares
Competitive Insights
US Radiology PACS Market Competitive Insights
RIS Market
Market Highlights
Key Content Updates
Market Definitions
Market Forecast Data
Academic/Research Hospitals
Large Community Hospitals
Small Community Hospitals
Affiliated Ambulatory Centers
Independent Ambulatory Centers
Market Shares
Competitive Insights
US RIS Market Competitive Insights
CVIS/CPACS Market
Market Highlights
Key Content Updates
Market Definitions
Market Forecast Data
CVIS Market
Academic/Research Hospitals
Large Community Hospitals
Small Community Hospitals
Affiliated Ambulatory Centers
Independent Ambulatory Centers
Cardiology PACS Market
Academic/Research Hospitals
Large Community Hospitals
Small Community Hospitals
Affiliated Ambulatory Centers
Independent Ambulatory Centers
Market Shares
Competitive Insights
US CVIS/CPACS Market Competitive Insights
Appendix
Abbreviations
Bibliography
Methodology
Core Country Coverage Methodology
Research Methodology
Marketrack Methodology
PriceTrack Methodology
Forecast Methodology
Supplemental Country Coverage Methodology
Base-Year Ratio Analysis
Market Forecasting
Tables and Figures
PACS and CVIS Market, by Product Type, US (USD), 2019-2033
PACS and CVIS Market Landscape, US (USD), 2023 and 2033
PACS and CVIS Revenue Market Share Rankings, by Product Type, US, 2023
Competitive Insights
Companies Mentioned
Recent Events in the PACS, RIS, and CVIS Market, US
PACS, RIS, and CVIS Covered, US
Changes from EHR Incentive Program to Advancing Care Information
US PACS, RIS, and CVIS Market Drivers
US PACS, RIS, and CVIS Market Limiters
PACS and CVIS Market, by Product Type, US (USD), 2019-2033
PACS, RIS, and CVIS Market, by Product Type, US (USD), 2019-2033
PACS, RIS, and CVIS Market Growth, by Product Type, US, 2020-2033
PACS, RIS, and CVIS Market, by Purchase Type, US (USD), 2019-2033
PACS and CVIS Market, by Revenue Type, US (USD), 2019-2033
PACS, RIS, and CVIS Market Opportunity, by Product Type, US (USD), 2019-2033
PACS, RIS, and CVIS Market Opportunity Growth, by Product Type, US, 2020-2033
PACS and CVIS Revenue Market Shares, US, 2023
PACS and CVIS Revenue Market Shares, by Product Type, US, 2023
Philips Healthcare Competitive Insights
Change Healthcare Competitive Insights
GE Healthcare Competitive Insights
Competitive Insights for Other Key Competitors
Factors Affecting All Competitors
Recent Events in the PACS, RIS, and CVIS Market, US
US Radiology PACS Market Drivers
US Radiology PACS Market Limiters
Radiology PACS Market, by Facility Type, US (USD), 2019-2033
Radiology PACS Market, by Facility Type, US (USD), 2019-2033
Radiology PACS Market Growth, by Facility Type, US, 2020-2033
Radiology PACS Market, by Purchase Type, US (USD), 2019-2033
Radiology PACS Market, by Revenue Type, US (USD), 2019-2033
Radiology PACS Market Opportunity, by Facility Type, US (USD), 2019-2033
Radiology PACS Market Opportunity Growth, by Facility Type, US, 2020-2033
Radiology PACS Market Penetration, US, 2019-2033
Academic/Research Hospital Radiology PACS Market, by Purchase Type, US (USD), 2019-2033
Academic/Research Hospital Radiology PACS Market, by Revenue Type, US (USD), 2019-2033
Academic/Research Hospital Radiology PACS Contracts, by Contract Type, US, 2019-2033