New government regulations mandating the maintenance of archives bodes well for the East European PACS market

London 9/20/2012 02:53 AM GMT (TransWorldNews)

The East European PACS market lags behind its western counterpart in size and pace. Although it is growing, most of the trends observed in the market are reminiscent of the trends in Western Europe 10 to 15 years ago. So far, governments have allotted only a small percentage of the gross domestic product (GDP) to healthcare. They still adopt the traditional approach, wherein a single modality fulfils the basic scope of imaging and reporting. However, the market is likely to get a move on with most regional governments mandating healthcare service providers to maintain archives for at least 30 years. This will give a much needed boost to the market - if not for the high-end segment, definitely for the low-end PACS segment. End users are also waking up to the benefits of IT in healthcare and are demanding more solutions, as the database of images can be used for referrals across different hospitals and countries.

As East Europe is a highly price-sensitive market, the high costs of fully-integrated PACS solutions are a major adoption barrier. Unfortunately, the concept of leasing is still nascent in this market. Therefore, participants need to develop simpler financing and payment policies. Financing services like easy loan payments and funding by private sectors or major vendors are expected to improve product uptake. Uncomplicated payback systems offer both the vendor and the client a chance to maintain long-term relationships with each other. Vendors can further customise their offerings based on local demand and trends such as incorporating the local dialect into the user interface and providing flexible hardware or software options at the time of replacement or upgrade.

Market Sectors

Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:

By Geographic Markets:

- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania



Click for Report details:East European PACS Market



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