Global Vendor Neutral Archive (VNA) and PACS Strategic Business Report 2023: Increasing Volumes of Big Data in Healthcare and Rising Need for Medical Image Archiving Generates Demand for VNA

2023-06-19

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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