In a recently published report, Global Ophthalmology PACS Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Ophthalmology PACS Market products.
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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
Global Ophthalmology PACS Market is valued at approximately USD 97.3 million in 2017 and is anticipated to grow with a healthy growth rate of more than 8.7% over the forecast period 2018-2025. The Ophthalmology PACS is developing and expanding at a significant pace. Over the past few years, there has been a constant rise in the geriatric population & subsequently, the prevalence of age-related disorders in both the male and female population, consisting a number of eye disorders. This is acting as a key factor fueling the demand for innovative technologies considering the diagnosis along with treatment of ophthalmic conditions in both the developed and developing countries. The tear layer looses stability & degrades rapidly in the elderly population; consequently, the risk of getting impacted by severe eye disorders enhances significantly with age, after 60 years of age. 1 in 3 people suffers from some type of eye diseases & is at risk of severe eye problems. These conditions mainly include age-related macular degeneration such as cataract, low vision, glaucoma, and diabetic eye disease.
On the basis of Geography, Ophthalomology PACS market is divided into North America, Europe, Asia-Pacific, Latin America and Rest of the World. North American region is anticipated to hold the dominant share considering the growth of Ophthalmology PACS market. As per the Statistics presented by the National Eye institute, it is estimated that around 139 billion USD is spent for treatment of the eye disorders each year considering the eye disorders occurring in both the male and female population of the United States. According to National Eye Institute, after studying the trends & epidemiology of eye diseases, the institution have concluded that by the end of the year 2030, around 2.2 million individuals in the country would be suffering from vision abnormalities which is further fueling the development and growth of Ophthalmology PACS market in the North America.
The regional analysis of Global Ophthalmology PACS Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the fastest growing region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to be the dominating region over the forecast period 2018-2025.
The leading market players mainly include-
 Visbion
 Medical Standard Co, Ltd
 Scimage
 Sonomed Escalon
 Heidelberg Engineering
 IBM Corporation
 Versasuite
The objective of the study is to define market size of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
 Integrated PACS
 Standalone PACS
By Deployment Model:
 Cloud Based Model
 On-Premise Model
By End User:
 Hospitals
 Specialty Clinics and Ambulatory Surgical Centres
 Others
By Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
o Mexico
 Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Ophthalmology PACS Market in Market Study:
 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors
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The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
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