Navigation Links
Budgetary Constraints on Health Care Facilities to Affect PACS, RIS, and CVIS Markets
Date:1/8/2009

Limited funds will force hospitals to reconsider or defer purchases of imaging IT systems, according to Millennium Research Group

WALTHAM, Mass., Jan. 8 /PRNewswire/ -- According to Millennium Research Group's (MRG's) US Markets for PACS, RIS, and CVIS 2009 report, the budgetary constraints facing many health care facilities will significantly affect the markets for picture archiving and communication systems (PACS), radiology information systems (RIS), and cardiovascular information systems (CVIS) over the next five years.

Limited credit availability and freezes on capital spending will force hospitals, ambulatory imaging centers, and orthopedic specialty practices to defer planned purchases of new and replacement systems despite growing imaging data volumes and increasing needs for advanced management and reporting capabilities.

"These deferred investments will occur after the US economy improves," says Chris Schutz, Senior Analyst at MRG. "Many facilities will be particularly interested in alternative purchase models that permit them to pay for new systems from operational rather than capital budgets and to distribute their acquisition costs over the life of the system. Overall, the PACS, RIS, and CVIS markets will still experience a compound annual growth rate of over 6% from 2008 to 2013, making the combined market worth over $2 billion in 2013."

MRG's US Markets for PACS, RIS and CVIS 2009 report provides coverage of key industry competitors, including Agfa HealthCare, AMICAS, Carestream Health, DR Systems, Emageon, FUJIFILM Medical Systems, GE Healthcare, McKesson, Philips Healthcare, Sage Software Healthcare, ScImage, Sectra, Siemens Healthcare, Stryker Imaging, and many more.

About Millennium Research Group

Millennium Research Group (www.MRG.net), a Decision Resources, Inc. company (www.DecisionResourcesInc.com), is the global authority on medical technology market intelligence and the leading provider of strategic information to the health care sector. The company provides specialized industry expertise through published reports, ongoing Marketrack(TM) projects, and customized solutions.

About Decision Resources, Inc.

Decision Resources, Inc. is a cohesive portfolio of companies that offers best-in-class, high-value information, and insights on important sectors of the health care industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources, Inc. at www.DecisionResourcesInc.com.

All company, brand, or product names contained in this document may be trademarks or registered trademarks of their respective holders.


    For more information, contact:

    Amy Krohn
    Millennium Research Group
    416-364-7776 x101
    akrohn@mrg.net

    Elizabeth Marshall
    Decision Resources Inc.
    781-296-2563
    emarshall@dresources.com


'/>"/>
SOURCE Millennium Research Group
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. System constraints forcing Canadian physicians to become medical brokers in prioritizing
2. Isis Pharmaceuticals to Present at the J.P. Morgan Healthcare Conference
3. Cardinal Health Updates FY09 Outlook
4. Digirad Corporation CEO to Present at J.P. Morgan Healthcare Conference in San Francisco
5. Walling Data and AVG Restore Pyramid Healthcare's Efficiency
6. Kansas Insurance Commissioner, Sandy Praeger, to Appear this Saturday on Cary Hall's Health Insurance Advocate Radio Show
7. Cost containment focus could have consequences for health care delivery
8. The Non-Profits Medical Tourism Association (MTA), Monterrey Health Care City (MHCC) Have Partnered Together to Create the 1st Latin America Medical Tourism and Health Tourism Congress Which Occurs April 27-29th, 2009 in Monterrey, Mexico at the Intercont
9. Insulet Corporation to Present at the J.P. Morgan Healthcare Conference on January 14, 2009
10. Study to explore ethical challenges health professionals face while caring for children with LTNMDs
11. Healthcarebluebook.com: New Web Site Teaches How to Price Shop
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/7/2016)... PA (PRWEB) , ... December 07, 2016 , ... One ... regular changing of the securement tape is painful for her. "This is why the ... to patients’ heads," she said. , They then created a prototype of the patent-pending ...
(Date:12/7/2016)... ... December 07, 2016 , ... The ... its fully redesigned website, which launched October 17, 2016, features comprehensive information regarding ... and easy-to-navigate layout. Visitors and patients can discover the latest clinical dermatology treatments ...
(Date:12/7/2016)... ... ... The medical profession is well aware that heart attacks do indeed increase ... attacks among 138,602 people recorded a 35% higher number of heart attacks in December ... course–no time of year is a good time for a heart attack! In the ...
(Date:12/7/2016)... ... , ... “The Road To Restoration”: an informative and enlightening book for ... week showing of hands. “The Road To Restoration” is the creation of published author, ... the brass ring that you could reach out for, and grab, on the old ...
(Date:12/7/2016)... ... December 07, 2016 , ... ... annual Business Architecture Innovation Summit in Reston, VA on March 21-22, 2017. This ... share a range of experiences from a cross-section of industries such as financial ...
Breaking Medicine News(10 mins):
(Date:12/7/2016)... -- Diplomat Pharmacy, Inc. (NYSE: DPLO) has launched Diplomat Specialty Infusion ... Infusion Professional, BioRx, MedPro Rx, and XAS Infusion Suites. ... .  ... Diplomat Specialty Pharmacy (PRNewsFoto/Diplomat Pharmacy, Inc.) ... "As we continue to build on the work we have done, ...
(Date:12/7/2016)... PALO ALTO, Calif. , Dec. 7, 2016 /PRNewswire/ ... announced an update to its previously announced plans to ... to be executed via a tax-free distribution to Varian ... new stand-alone public company that will hold the Imaging ... now expected to be executed by the end of ...
(Date:12/7/2016)... -- Ionis Pharmaceuticals, Inc. (NASDAQ: IONS ), the leader in ... at the BMO Capital Markets Prescriptions for Success Healthcare Conference on ... A live webcast of the presentation will be available ... replay will be available within 48 hours and will be archived ... , ...
Breaking Medicine Technology: