Medical Tourism Promoting Adoption of Cardiology PACS in Asia Pacific

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) June 30, 2011 -- London, UK -- Research conducted by Technavio reveals, that the Cardiology Picture Archiving and Communication Systems (PACS) market is expected to grow at a CAGR of 19 percent. The report, which focuses on Asia Pacific exclusively indicates, that the market is currently driven by the growing popularity of medical tourism in the region.

“Increasing medical costs in the West have been encouraging medical tourism in countries such as Singapore, Malaysia, Philippines and Australia. This has had a direct and positive impact on the growth of the PACS market in the region,” reports Technavio analyst.

In spite of the need, the poor IT infrastructure in smaller hospitals hinders the growth of this market. However, the integration of PACS with other healthcare systems have been boosting demand.

The Cardiology PACS market is marked by significant improvements in product innovation. This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.

The report, Cardiology PACS Market in APAC 2010-2014, is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT analysis.

Companies mentioned in this report include: GE Healthcare, Philips Healthcare, Fujifilm, Infinitt Healthcare, Agfa Healthcare and Siemens Healthcare.

For more information please visit http://www.technavio.com/content/cardiology-pacs-market-apac-2010-2014 or email enquiry@technavio.com.

Contact:
Ludmila Berkesova
Program Manager
Infiniti Research Limited
Third Floor
33 Cavendish Square
London W1G 0PW
United Kingdom
Tel: +44 20 7031 0969
Fax: +44 84 5280 2825
E-Mail: ludmila@technavio.com

Web: http://www.technavio.com

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