Navigation Links
Frost & Sullivan: Investments in Healthcare Improvements to Bolster the Integration of Picture Archiving and Communications Systems in Latin America

BUENOS AIRES, Argentina, Nov. 27, 2012 /PRNewswire/ -- The Latin American picture archiving and communication system (PACS) market is expected to clock a compound annual growth rate of 29.6 percent till 2017. Although the PACS market in Latin America is far behind North America and Europe in terms of penetration, the rapid increase in image diagnosis equipment and the number of images per study will have a positive bearing on new PACS installations.

New analysis from Frost & Sullivan (, Latin American PACS Market - Brazil, Argentina, and Mexico, finds that the market earned revenues of $81.1 million in 2011 and estimates this to reach an impressive $372.6 million in 2017. In 2011, 634 PACS units were sold in the Latin American market, and the number is expected to reach 2,383 by 2017.

"The technological sophistication of state-of-the-art diagnostic imaging equipment has resulted in an increase in data management requirements, encouraging PACS installations," said Frost & Sullivan Industry Analyst Federico Baguear. "The introduction of public health plans has further conducted to more diagnostic examinations, boosting the need for PACS in Latin America."

Brazil drives the pack in the region, with the government investing huge resources in healthcare improvements. In Argentina, the lack of imported radiological films has led the government to mandate PACS while the Mexican government has invested more than $3 billion in healthcare programs.

In addition, healthcare institutions themselves are installing PACS. They recognize the significant return-on-investment generated through reduced film consumption, improved quality of diagnosis, and greater flexibility in decision-making.

The purchase of higher value-added PACS products is made easier, as health providers are increasingly consolidating and forming big groups of hospitals or diagnosis centers, and laboratories. This heightens demand, helping them negotiate better rates.

However, several factors curb the implementation of PACS in the region. To integrate the databases of various hospitals, robust IT software is essential. Healthcare institutions looking to install PACS also require an IT department with a monthly budget, apart from initial installation investments. The lack of specialized IT engineers further raises personnel costs.

Therefore, there is a high level of resistance to acquire IT software, reflected in the low budgets both public and private clinics and hospitals designate for these solutions.

"To meet the need of the low-budget market segment that do not have PACS solutions yet, multinational companies are developing and implementing more accessible business models," noted Baguear. "Rental, pay-per-use, and cloud-based pay-per-use models are cost-effective, thus facilitating adoption.''

This will enable PACS installations in Latin America to reach North American and European standards in the next 15 years.

If you are interested in more information on this research, please send an email to Francesca Valente, Corporate Communications, at, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

Latin American PACS Market - Brazil, Argentina, and Mexico is part of the Connected Health Growth Partnership Services program, which also includes research in the following markets: Analysis of the Cardiac Rhythm Device Market in Mexico, Biologics Market in Brazil, Healthcare Landscape, Outlook and Growth Opportunities in Brazil. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on "the next big thing"

Register:         Gain access to visionary innovation

Latin American PACS Market—Brazil, Argentina, and Mexico

Francesca Valente
Corporate Communications – Latin America
P: +54 11 4777 5300
F: +54 11 4777 5300

SOURCE Frost & Sullivan
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Frost & Sullivan: U.S. Health Information Exchange Market Enters Prime Time in Rapidly Transforming Healthcare Industry
2. Frost & Sullivan Honors Acuo Technologies with 2012 Market Share Leadership Award in Enterprise Imaging Informatics
3. Government Investments in Upgrades Sustain Laboratory Analytical Instrumentation Market in China, Finds Frost & Sullivan
4. Skin Integrity Products (SIP): Effective Distribution Networks Are Key to Penetrating Western European Market, Says Frost & Sullivan
5. Frost & Sullivan: Respirator Manufacturers to Develop Innovative Solutions to Overcome Economic Challenges in North America
6. Innovative Drugs to Transform European Alzheimers Disease Medication Market by 2015, Says Frost & Sullivan
7. Frost & Sullivan: Lack of Proper Price Regulation for Pharmaceuticals
8. Frost & Sullivan Solidifies the Prominence of Leading Organizations through Best Practice Recognition
9. Frost & Sullivan: Global Increase in Adoption of Real-Time Location Systems Depends on Technological Innovations
10. Radiopharmaceuticals and Contrast Media: Frost & Sullivan Predicts Market Growth in Europe
11. Frost & Sullivan: U.S. Medical Imaging Informatics Industry Reconnects with Growth in the Enterprise Image Archiving Market
Post Your Comments:
(Date:11/25/2015)... Nov. 25, 2015 On Tuesday, November ... bellwether trial against Wright Medical Technology, Inc. for ... Conserve metal-on-metal hip implant device, awarded $11 million ... two week trial and three days of deliberations, ... device was defectively designed and unreasonably dangerous, and ...
(Date:11/25/2015)... , Nov. 25, 2015 Allergan plc (NYSE: ... agreement with the New York State ... of the Sherman Act, and other statutes with the Attorney ... February 2014, to cease marketing and selling the now generic ... settlement, Allergan admits no liability, has released its counterclaims against ...
(Date:11/25/2015)... Endo International plc (NASDAQ: ENDP ) (TSX: ENL) today ... will discuss corporate updates at the 27 th Annual ... on Wednesday, December 2, 2015 at 1 p.m. ET. ... then the link to the event. Participants should allow approximately ... the site and download any streaming media software needed to ...
Breaking Medicine Technology:
(Date:11/26/2015)... (PRWEB) , ... November 26, 2015 , ... ... substance abuse located in central Michigan, have come together on Thanksgiving Day to ... produced video, available for viewing on the Serenity Point YouTube channel, patients displayed ...
(Date:11/26/2015)... ... November 26, 2015 , ... The Catalent Applied ... the need to integrate dose form selection in early phase drug development. The ... organization supporting and bringing together the UK’s emerging life sciences companies, corporate partners, ...
(Date:11/26/2015)... , ... November 26, 2015 , ... ... set of retro-fused, self-animating trailer titles with ProTrailer: Vintage. This newly styled ProTrailer ... classically-influenced trailer titles work with any font, giving users limitless opportunities to stylize ...
(Date:11/25/2015)... (PRWEB) , ... November 25, 2015 , ... ... accessible for all, Water For Empowerment ™ attracts volunteers together who want ... water by empowering women as key stakeholders in the process. The non-profit launched ...
(Date:11/25/2015)... ... November 25, 2015 , ... ... factory direct sauna parts and accessories. , Sauna accessories help improve the bather ... style and personality. From basic styles for the purist looking for simplicity in ...
Breaking Medicine News(10 mins):