Increasing Volumes of Big Data in Healthcare and Rising Need for Medical Image Archiving Generates Demand for VNA

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DUBLIN, June 19, 2023 /PRNewswire/ — The “Vendor Neutral Archive (VNA) and PACS: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Vendor Neutral Archive (VNA) and PACS estimated at US$3.6 Billion in the year 2022, is projected to reach a revised size of US$6 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2022-2030.

PACS, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the VNA Software segment is readjusted to a revised 8.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 8.1% CAGR

The Vendor Neutral Archive (VNA) and PACS market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$469.1 Million by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.6% and 5.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.

Select Competitors (Total 155 Featured) –

  • Agfa-Gevaert Group
  • ASPYRA LLC
  • BridgeHead Software Ltd.
  • Carestream Health, Inc.
  • Change Healthcare Inc.
  • Dejarnette Research Systems, Inc.
  • Dell, Inc.
  • FUJIFILM Holdings America Corporation
  • GE Healthcare
  • Hyland Software Inc.
  • IBM Corporation
  • INFINITT Healthcare Co. Ltd.
  • Koninklijke Philips N.V.
  • Mach 7 Technologies Ltd.
  • Novarad Corporation
  • Sectra AB
  • Siemens Healthineers AG

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of Covid-19 and a Looming Global Recession
  • Living with COVID-19 Becomes the New Normal
  • “Stagflation” & An Imminent Recession Are the Newest Challenges in the Series of Setbacks for the Global Market in 2022 & 2023
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
  • COVID-19 Pandemic Brings the Importance of PACs and VNA in Spotlight
  • Pandemic Impacts Imaging Procedure Volumes
  • Imaging Screening Volume % Change 1H 2019 Vs 1H 2020 in U.S Hospitals
  • COVID-19 Pandemic-Induced Work-from-Home Radicalizes Home PACS
  • COVID-19 Pandemic Accelerates Digitalization in Healthcare, Driving Changes in IT Spending
  • Adoption of Telemedicine Widens Led by Healthcare Digitalization
  • Top Funded Digital Health Categories (in US$ Million): 2021
  • Global Number of Telemedicine Patients (In Million) for the Years 2016, 2018, 2020, 2023 & 2025
  • Vendor Neutral Archive (VNA) and PACS – Global Key Competitors Percentage Market Share in 2022 (E)
  • Vendor Neutral Archive (VNA) and PACS Competitor Market Share Scenario Worldwide (in %): 2020E
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Information Technology Revolutionizes Healthcare Industry
  • PACS and VNA: A Prelude
  • Picture Archiving and Communication System (PACS)
  • Vendor Neutral Archive (VNA)
  • VNA Characteristics
  • Factors Driving Growth
  • Market Outlook
  • On-Premise Model Rules VNA & PACS Market, while Hybrid VNA Posts Robust Growth
  • Market Witnesses Expedited Shift towards Cloud
  • Regional Landscape
  • Recent Market Activity
  • WORLD BRANDS

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Vendor Neutral Archiving Takes Over Storage Functionality of PACS
  • VNA Addresses DICOM Issues with PACS
  • Ramping up of Digitization of Global Healthcare Systems and Growing Need for Medical Archiving Drives Demand for PACS and VNA Platforms
  • COVID-19 Pandemic Accelerates Digitalization in Healthcare
  • Increasing Volumes of Big Data in Healthcare and Rising Need for Medical Image Archiving Generates Demand for VNA
  • Global Healthcare Data Generated: 2014, 2020, and 2025 (in exabytes)
  • New Storage Options to Deal with Burgeoning Imaging Data
  • Demand for Integrated RIS/PACS Solutions Surges High
  • SaaS and Cloud Based Models – Key to Increasing Penetration of PACS and RIS
  • Artificial Intelligence Integration Emerges as Buzzing Trend for PACS
  • Global Healthcare Artificial Intelligence Market by Application: 2021
  • Technology Advancements Fuel Demand for Replacement Systems
  • Cloud PACS Takes Imaging to the Cloud & Grows in Prominence
  • Benefits offered by Cloud-Based PACS
  • Better Speed & Workflow Adaptations: Key Features of New Platforms
  • Secure Cloud PACS Enjoys Real Moment with Emergence of AI & Machine Learning
  • Sophisticated VNA Harmonizes Clinical Data to Yield True Health Data Library
  • Compelling Merits of Advanced NVAs over Traditional Ones
  • Other PACS, VNA Advancements
  • New Systems Designed to Offer Better Integration with Third-Party Applications
  • How Implementation of Integrated IT Solutions is Benefitting Cardiology Departments
  • Growth in Mobile Imaging Drives Installations
  • Increase in Healthcare Spending to Propel Demand
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
  • Ageing Population and Growth in Imaging Procedure Volumes to Support Growth
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Third-party Middleware Offerings to Make Inroads into Enterprise PACS Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/hqpek8

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