Report: PACS market being subsumed by voice, storage/archiving

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Healthcare technology research and advisory firm CapSite Consulting has found that the PACS market is being subsumed by the image archiving and storage market, based on a survey of nearly 600 U.S. hospitals.

“The U.S. PACS market is currently in a replacement phase with approximately 96 percent of the hospitals having already purchased a PACS,” said Brendan FitzGerald, director of research at CapSite.  He noted that the greatest levels of imaging IT investment over the next few years will most likely be in imaging archive or storage and voice recognition, as opposed to PACS replacement purchases, based on the study’s findings.

In fact, 48 percent of the hospitals surveyed plan to invest in voice recognition technology.

The report found that approximately 80 percent of PACS that are currently installed in the larger provider institutions that conduct more than 120,000 exams per year were purchased prior to 2007.

“As a result of these findings, we expect that PACS replacement purchasing activity will come back into focus once provider organizations begin to achieve meaningful use requirements for their EHR,” he concluded.

According to the firm, the study includes an analysis of historical PACS purchasing activity and adoption levels by market segment, PACS vendor market penetration and market indicators for future Imaging IT purchases including PACS, imaging archive storage and voice recognition.