Research Overview
Asia Pacific - An Emerging Hub for PACS Solutions
The rising standards of patient care are driving PACS adoption among several top-quality medical facilities in Japan, South Korea, and China, making Asia-Pacific the third largest PACS market after the United States and Europe. A well-developed and highly digitized healthcare infrastructure in most large and medium-sized facilities also presents greater opportunities to both local and multinational PACS vendors. In addition, PACS implementation is likely to become several magnitudes simpler and cost-effective with the increasing acceptance of the digital imaging and communications in medicine (DICOM) standard. Asia Pacific is fast becoming the next hub for PACS development with the rise in 'medical tourism', whereby healthcare facilities hope to attract patients from neighboring countries in search of high-quality medical care.
This Frost & Sullivan original research analysis evaluates the current state of the Asia Pacific radiology PACS market and examines end-user and economic trends shaping its current and future demand. This analysis also identifies key drivers and challenges in each geographic region and provides strategic recommendations to overcome the obstacles to success.
Differentiated Strategies Key to the Success of Multinational PACS Vendors
Multinational PACS vendors that wish to successfully participate in the Asia-Pacific region must adapt their technology to meet the specific characteristics demanded by each country. For example, China, Southeast Asia, and South Korea typically use radiology information systems (RIS) and hospital information systems (HIS), which do not comply with the United States' Health Level Seven (HL7) standard. Instead, these countries opt for a variety of local-language-based systems that operate on two-bit characters. "Multinational vendors must either make significant changes to their platforms or else find a cost-effective means to custom-integrate the legacy HIS/RIS system with their PACS offering," explains the analyst.
On the other hand, the United States' patient care model is already popular in areas such as Malaysia, Singapore, Australia, New Zealand, and Hong Kong. Multinational vendors would, therefore, find it more profitable to sell pre-integrated RIS/PACS solutions that require the end user to abandon the legacy RIS platform.
Rampant Intellectual Property Theft in Asia-Pacific Keeps PACS Vendors on Alert
PACS vendors looking to enter the Asia Pacific market need to seriously consider protecting their intellectual property rights. For instance, some Chinese competitors are notorious for selling pirated versions of PACS products, compelling vendors to safeguard intellectual property through software safeguards and license keys. "Although PACS vendors are cautious regarding intellectual property issues they have come to accept the impossibility of instituting an exhaustive protection plan, since the potential opportunities in the Asia-Pacific market definitely outweigh the inherent risks," says the analyst.
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In-depth Regional Analysis of the Asia Pacific PACS Market
This research service provides market analysis and forecasts for turnkey picture archiving and communications systems (PACS) in major Asia Pacific markets, including Japan, South Korea, China, Oceania, South Asia, and the Association of South East Asian Nations (ASEAN). Side-by-side comparison of market growth rates and detailed discussion of the competitive factors driving differential growth patterns in each region or country enables participants to calibrate their business development plans.
Comprehensive Analysis of the Asia Pacific PACS Market
This research services provides an analysis of the Asia Pacific PACS market in terms of market size in units, revenue, installed base, and average prices. In addition to end user, economic, technology, and product trends that shape the current and future demand, it also provides a summary of typical distribution channels and a list of select major competitors in the region.
Identification of Major Challenges to Business Growth
This analysis caters to both local and multinational vendors trying to make a mark in the Asia Pacific PACS market by providing a thorough analysis of important market dynamics such as challenges, drivers, and restraints during the eleven year forecast period (2000 to 2010). It also provides strategic recommendations to overcome the obstacles to success.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- End-User Segments
- Large Hospitals (>500 beds)
- Elite Government and Military Hospitals
- Privately-owned Specialty Hospitals
- Regional segments
- Japan
- Greater China
- South Korea
- Oceania
- South and Southeast Asia (ASEAN)
Technologies
The following technology is covered in this research:
Picture Archiving and Communications Systems (PACS): This is a rapidly evolving technology that is being adopted by healthcare facilities as part of an ongoing trend to maximize efficiency in the acquisition, storage, distribution, and interpretation of diagnostic images through the digitization of these functions. In the broadest sense, PACS is any system or device used in the digital management of medical images. However, from a market perspective, PACS can be best defined as an integrated set of information technology (IT) products and services designed to provide a complete solution for image management in a film-less radiology department.
Table of Contents
1. Executive Summary
2. Total Asia-Pacific PACS Market
- 1. Research Overview
- 1. Introduction
- 2. Research Scope and Methodology
- 3. Market Segmentation
- 4. Key Research Measurements
- 5. Revenue Forecasts
- 6. Unit Shipment Forecasts
- 7. Installed Base Forecasts
- 8. Technology and Product Trends
- 9. Market Drivers
- a. Efficiency-Seeking and Workflow Enhancement Efforts Drive PACS Market Expansion in the Asia-Pacific Region
- b. Adherence to the DICOM Standard in Japan, South Korea, and Oceania Facilitates PACS Implementation
- c. Major Urban Medical Centers Bolster Demand for PACS in Greater China, Southeast Asia, and ASEAN
- d. Sophisticated IT Infrastructure Facilitates the Spread of PACS in Advanced Asia-Pacific Countries
- 10. Market Restraints
- a. Hospitals in Emerging Markets throughout Asia-Pacific opt to Purchase Necessary Imaging Modalities Before Investing in IT Infrastructure
- b. Inadequate IT Infrastructure in Many Asia-Pacific Nations Hinders Robust PACS Market Growth
- c. High Price Points Discourage PACS Purchases in Most Medical Facilities in Emerging Markets in Asia-Pacific
- d. Low Penetration of DICOM Modalities Limits Spread of PACS Throughout Emerging Economies in the Asia-Pacific Region
- 11. Competitive Structure
- 12. Database of Key Industry Participants
- 2. Industry Challenges
- 1. Overview of Challenges
- a. Low-Price Competition from Local Vendors Challenges Multinational Vendors to Create Economic Cost Structures
- b. Low Penetration of Industry Standards in Asia-Pacific Creates Challenges for PACS Implementation
- c. Low Penetration of HIS and RIS in Asia-Pacific Proves Challenging to PACS Marketing Efforts
- d. Limited Customer Awareness of PACS Benefits Creates Barriers to PACS Market Growth
- 3. Strategic Recommendations
- 1. Overview of Strategic Recommendations
- a. Target Integrated RIS/PACS Solutions for Specific Asia-Pacific Markets
- b. Pursue a Concerted Strategy with Other Vendors and Associations to Develop Market Potential
- c. Rely on Local Sourcing to Create Solutions Appropriate for the Asia-Pacific Region
- d. Create Alternative Financing Options That Make Acquiring PACS More Feasible
- 4. Frost & Sullivan Awards
- 1. Frost & Sullivan Awards for the Asia-Pacific PACS Market
- 2. Frost & Sullivan Award for Market Leadership - Japan
- 3. Frost & Sullivan Award for Market Leadership - South Korea
- 4. Frost & Sullivan Award for Market Leadership - Oceania
- 5. Frost & Sullivan Award for Market Penetration Leadership - Japan
3. Research Findings by Geographic Region
- 1. PACS Market - Japan
- 1. Market Overview
- 2. Unit Shipment and Revenue Forecasts
- 3. Competitive and Market Share Analysis
- 2. PACS Market - South Korea
- 1. Market Overview
- 2. Unit Shipment and Revenue Forecasts
- 3. Competitive and Market Share Analysis
- 3. PACS Market - Greater China
- 1. Market Overview
- 2. Unit Shipment and Revenue Forecasts
- 3. Competitive Structure
- 4. PACS Market - South Asia and ASEAN
- 1. Market Overview
- 2. Unit Shipment and Revenue Forecasts
- 3. Competitive Structure
- 5. PACS Market - Oceania
- 1. Market Overview
- 2. Unit Shipment and Revenue Forecasts
- 3. Competitive and Market Share Analysis
4. Statistical Appendix
- 1. Supporting Statistical Data
- 1. Total Population
- 2. Total Healthcare Spending
- 3. Per Capita Healthcare Spending
- 4. Licensed Radiologists
- 5. Government Hospitals
- 6. Private Hospitals
List of Figures
Chapter 2
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Total Unit Shipment and Revenue Forecasts (Asia-Pacific), 2000-2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Revenue Forecast by Geographic Region (Asia-Pacific), 2000-2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Percent Distribution of Revenues by Geographic Region (Asia-Pacific), 2000-2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Unit Shipment Forecast by Geographic Region (Asia-Pacific), 2000-2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Percent Distribution of Unit Shipments by Geographic Region (Asia-Pacific), 2000-2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Installed Base Forecast (Asia-Pacific), 2000-2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Installed Base Forecast by Geographic Region (Asia-Pacific), 2000-2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Percent Distribution of Installed Base by Geographic Region (Asia-Pacific), 2000-2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Market Drivers Ranked in Order of Impact (Asia-Pacific), 2004 - 2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Market Restraints Ranked in Order of Impact (Asia-Pacific), 2004-2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Competitive Structure (Asia-Pacific), 2003
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Database of Key Industry Participants by Primary Region(s) of Activity (Asia-Pacific), 2003
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Impact of Top Industry Challenges (Asia-Pacific), 2004-2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Strategic Recommendations (Asia-Pacific), 2004-2010
Chapter 3
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Unit Shipment and Revenue Forecasts (Japan), 2000 - 2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Pricing Forecast (Japan), 2000 - 2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Competitive Structure (Japan), 2003
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Market Share Trends of Major Market Participants (Japan), 2003
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Unit Shipment and Revenue Forecasts (South Korea), 2000 - 2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Pricing Forecast (South Korea), 2000 - 2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Competitive Structure (South Korea), 2003
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Market Share Trends of Major Market Participants (Japan), 2003
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Unit Shipment and Revenue Forecasts (Greater China), 2000 - 2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Pricing Forecast (Greater China), 2000 - 2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Competitive Structure (Greater China), 2003
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Unit Shipment and Revenue Forecasts (South Asia and ASEAN), 2000 - 2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Pricing Forecast (South Asia and ASEAN), 2000 - 2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Competitive Structure (South Asia and ASEAN), 2003
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Unit Shipment and Revenue Forecasts (Oceania), 2000 - 2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Pricing Forecast (Oceania), 2000 - 2010
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Competitive Structure (Oceania), 2003
- Turnkey Picture Archiving and Communications Systems (PACS) Market: Market Share Trends of Major Market Participants (Oceania), 2003
