PACS “set to take off” in UK and France
- 15 November 2010
The PACS market in the UK and France is “set to take off” over the next five years, according to Millennium Research Group, a provider of medical technology market intelligence.
The research group has claimed that there will be significant opportunities for PACS vendors in the UK and France over the next five years, despite the market being predominately being based on replacement across Europe.
According to the group, the expected renewal of the National PACS project for the NHS in 2013 presents a large opportunity for radiology PACS and RIS vendors.
All NHS hospitals will have the opportunity to replace their aging radiology PACS/RIS systems, with the option of remaining with the same vendor or changing their systems completely with new vendors.
The group also says that in France, very low penetration of PACS systems in hospitals to date has led to cooperation among healthcare departments to formulate a proposal to upgrade systems in public hospitals.
A pilot project with GE will test the PACS software-as-a-service model in the Paris region. If the proposal is approved, it represents a major opportunity for PACS/RIS vendors to increase their revenues.
MRG also said that the European PACS Market as a whole should attain €373m (£317m) by 2015.
Basim Mansour, analyst at MRG, said: "This market is mature, and the bulk of the sales are for replacements. Consequently, growth rates in most European countries will hover around 5% over the next five years.
“UK and France, however, offer PACS vendors attractive revenue growth opportunities. Unlike other western European markets, in France, the penetration of PACS is quite low; with renewed government emphasis on PACS, this market is set to take off. Additionally, contract renewals in the UK as part of the NHS radiology IT project will also boost this market from 2013."
Link
