The global ophthalmology PACS market is expected to grow at a CAGR of 8.50% during the forecast period. Major vendors in the global ophthalmology PACS market include Agfa-Gevaert NV, Carestream Health Inc., Carl Zeiss AG, EyePACS LLC, FUJIFILM Holdings Corp., INFINITT Healthcare Ltd., International Business Machines Corp., Mach7 Technologies Ltd., Topcon Corp., and Visbion Ltd. among others.As per the latest market research report published by Technavio, the global ophthalmology PACS market size has the potential to grow by USD 59.9 million during 2020-2024. The market’s growth momentum will accelerate throughout the forecast period. Get the free sample report below for the detailed information.
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Vendors are focusing on M&A and partnerships to expand their market reach during the forecast period. For instance, Agfa-Gevaert NV, in August 2018, the company announced a strategic alliance with Lucky HuaGuang Graphics Co. Ltd. in the graphics prepress business. Carestream Health Inc., in August 2019, the company announced the completion of the sale of its healthcare information solutions business to Royal Philips in 26 of the total 38 countries in which the company operates.
Carl Zeiss AG, in October 2019, the company announced its investment in Senorics, in Germany, to mark the beginning of a technology collaboration. FUJIFILM Holdings Corp., in September 2019, the company acquired Yokogawa Medical Solutions Corp. to further expand its medical IT business. Hence, the increasing number of M&A and partnerships is expected to propel the growth of the global ophthalmology PACS market during the forecast period.
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