European PACS market to hit $512M by 2015

Although the European PACS, RIS, and cardiovascular information systems (CVIS) market is largely a replacement one, there are good opportunities for vendors in the U.K. and France that will bring the market to $512 million in the next five years, according to Millennium Research Group (MRG) of Toronto.

In a new report, MRG found that in the U.K. the expected renewal of the National Health Services (NHS) Radiology IT Project in 2013 presents an opportunity for radiology PACS and RIS vendors. Meanwhile, in France, low penetration of PACS in public hospitals has led to cooperation among healthcare departments to create system upgrade proposals for public hospitals.

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