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Growing Need for Digital Management of Cardiology Information to Fuel Increased Adoption of Cardiology PACS Systems in Europe.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c50150) has announced the addition of the new Frost & Sullivan "European Cardiology PACS Markets" to their offering.

This Frost & Sullivan research service titled European Cardiology PACS Markets provides a description of key market drivers, restraints and revenue forecasts for the cardiology PACS market. It offers an analysis of the challenges faced by PACS vendors and also provides strategic recommendations to overcome the same. In this research, Frost & Sullivan's expert analysts thoroughly examine the market for cardiology PACS hardware, cardiology information systems (CIS) as well as professional services.

Market Sectors

Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:

- Cardiology PACS hardware

- Cardiology information systems (CIS)

- Cardiology PACS professional services.

Technologies

The following technologies are covered in this research:

- Archiving

- Echocardiography

- Cath-lab

- MR/CT

- Networking

Market Overview

Growing Need for Digital Management of Cardiology Information to Fuel Increased Adoption of Cardiology PACS Systems

The increasing incidence of cardiovascular diseases in Europe is resulting in the need for digital management of the growing volumes of cardiology information. Hence, as this need is being addressed by the inclusion of improved cardiology-specific tools in vendor cardiology picture archiving and communication systems (PACS)/cardiology information systems (CIS) offerings, the cardiology PACS market is expected to witness continued growth. The retirement of the affluent baby boomer population, which is willing to pay for medical services not provided by public health authorities, is also contributing to the need for effective image and data management to cope with the rising volumes of information generated by cardiology studies. Moreover, ongoing improvements to specific cardiology reporting and analytical tools will consolidate these growth trends.

The rising ageing population and the growing levels of obesity combined with the increasing incidence of heart and circulatory diseases are resulting in a 20 per cent rise annually in the number of cardiology studies, states the analyst of this research service. This overriding demographic factor will support growth in the cardiology PACS market. At present, the cardiology PACS market is still in an early stage of development in comparison to the radiology PACS market. While radiology and cardiology workflows differ significantly, an interdependence exists between the two. As a result, vendors are seeking to offer a workstation for cardiology PACS, which can link disparate modalities in a single location with necessary radiology and cardiology post-processing and analytical tools.

Market Success to Rely on Implementation of a Flexible PACS System Architecture

Despite the rising acceptance of cardiology PACS, the funds, which are required to invest in cardiology PACS infrastructure are likely to become a hindrance to the adoption of PACS systems. There remains a distinct lack of investment in healthcare in Europe, notes the analyst. More specifically, investment in cardiology PACS signifies incurring substantial upfront costs. This problem is intensified by the predominance of the capital investment model in Europe, with several healthcare providers not in favour of leasing options.

Moreover, differing cardiology workflows are complicating vendor's attempts to develop products with wide end-user appeal. Hence, designing a cardiology PACS system based on an open architecture, with sufficient flexibility will become vital to effectively overcome this challenge. Consequentially, end users possessing radiology PACS infrastructure will be able to benefit from cardiology PACS and cardiology information systems (CIS) modules that suit their needs and offer compatibility with existing radiology networks and archiving.

For more information, visit http://www.researchandmarkets.com/reports/c50150.
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Publication:Business Wire
Date:Feb 9, 2007
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