Customised Solutions and Provision of Smooth Integrated Workflows to Ensure Competitive Success in Eastern European PACS Market

Mumbai, Maharashtra, India

The eastern European picture archiving and communication systems (PACS) market offers considerable growth opportunities for vendors who can provide custom-made solutions and ensure smooth workflows. Despite the lack of technology and infrastructure, as well as linguistic issues that are creating difficulties with system interface, the market is growing at an impressive double-digit rate due to large-scale investments and government initiatives.

Frost & Sullivan (http://www.medicalimaging.frost.com) finds that the Eastern European PACS Market was worth $9.7 million in 2005 and estimates this to reach $29.3 million in 2012.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the latest analysis of the Eastern European PACS Market (H032- 50) then send an e-mail to Shwetha Thomas Corporate Communications, at sthomas@frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state, and country. We will send you the information via email upon receipt of the above information.

"Robust PACS will drive the market into the growth stage," notes Frost & Sullivan Research Analyst Ranjit Ravindranathan. "Eastern Europe is a rapidly expanding market, especially as a result of its efforts to emulate western European healthcare systems."

The emergent eastern European PACS market is steadily transitioning towards increased growth. Enhanced capital investment and the recognition by healthcare authorities of the advantages of having a good data management system will not only reinforce the trend of purchasing digital rather than analogue systems, but will also support overall market expansion.

Among the major challenges that the market faces are the non-affordability of a fully integrated PACS system and the difficulty of achieving complete workflow integration. The need to standardise PACS, improve IT capabilities and operational knowledge of technicians, coupled with the presence of stringent, government-instituted regulatory norms are also creating an environment of business uncertainty.

"Customising PACS modules and providing a smooth integrated workflow environment is essential to vendor success," explains Mr Ravindranathan. "Providers capable of delivering solutions that exhibit these characteristics will be able to leverage their expertise and win coveted contracts; remaining focussed on product development will be critical to realising competitive advantage."

Specialist players already possess the know-how to carve niches for themselves. However, these firms will have to concentrate on building strategic alliances to increase their visibility in the industry and to access decision makers effectively.

Eastern European PACS Market is part of the Medical Imaging Subscription, which also includes research in the following markets European Markets for Key Medical Imaging Modalities, European C-Arms Markets, European Cardiology PACS Markets and Medical Imaging Markets in Cardiology. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews are available to the press.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com.

Eastern European PACS Market
H032- 50

Shwetha Thomas, Corporate Communications - South Asia & Middle East, Frost & Sullivan, + 91 (022) 4001 3429 sthomas@frost.com

Radhika Menon Theodore, Corporate Communications - Europe, Frost & Sullivan, + 91 (044) 4204 4541 rmtheodore@frost.com

Source: Frost & Sullivan (Business Wire India)

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