PACS and RIS Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 The picture archiving and communication system (PACS) and radiology information system (RIS) market is extremely consolidated, with the top five companies accounting for a share of over 61% in 2015. Transparency Market Research finds that GE Healthcare, Philips Healthcare, McKesson Corporation, Fujifilm Holdings Corporation, and Siemens Healthineers have significantly contributed to the global market over the years by providing an extra advantage to customers at a reasonable price. “In contrast to the competitive landscape in the global PACS and RIS market, the market in developed countries is fragmented, with the presence of several companies vying for the top spot,” the author of the study notes. The opportunity in the global PACS and RIS market stood at US$2.2 bn in 2015 and, rising at a 7.0% CAGR during the forecast period, is estimated to be worth US$3.9 bn by 2024. According to a TMR analyst, “To gain technology relating to gene editing, pharmaceutical companies are either investing in the ongoing projects of medical organizations or entering into a collaboration with them.”