Global Vendor Neutral Archive (VNA) & PACS Market: By Modality, By Deployment, By Product Type, By Vendor Type, By Application, By End-User, By Region & Segmental Insights Trends and Forecast, 2024 – 2034
- Industry: Healthcare
- Report ID: TNR-110-1087
- Number of Pages: 420
- Table/Charts : Yes
- May, 2024
- Base Year : 2024
- No. of Companies : 10+
- No. of Countries : 29
- Views : 10144
- Covid Impact Covered: Yes
- War Impact Covered: Yes
- Formats : PDF, Excel, PPT
Vendor Neutral Archive (VNA) and Picture Archiving and Communication System (PACS) are both integral components of medical imaging informatics, playing crucial roles in managing, storing, and accessing medical images and associated patient data within healthcare organizations. PACS primarily focuses on the acquisition, storage, retrieval, distribution, and display of medical images generated from various imaging modalities, such as X-ray, MRI, CT scans, ultrasound, and more. It is typically used within radiology departments for diagnostic interpretation and clinical decision-making.
VNA, on the other hand, is designed to serve as a central repository for storing and managing medical images and related data from multiple imaging modalities and departments across the entire healthcare enterprise. It aims to address issues of data silos, interoperability, and long-term data retention, offering a vendor-agnostic platform for archiving images and ensuring data accessibility and integrity. Integration of AI algorithms and advanced analytics capabilities into VNA and PACS platforms is enhancing diagnostic capabilities, clinical decision-making, and workflow efficiency. AI-powered tools for image analysis, interpretation, and triaging are being integrated with VNA and PACS solutions to automate routine tasks, accelerate image processing, and improve diagnostic accuracy and efficiency.
In terms of revenue, the global vendor neutral archive (VNA) & PACS market was worth US$ 4.4 Bn in 2023, anticipated to witness CAGR of 9.8% during 2024 – 2034.
Global Vendor Neutral Archive (VNA) & PACS Market Revenue & Forecast, (US$ Million), 2016 – 2034
Global Vendor Neutral Archive VNA PACS Market Trends and Insights
Growing Volume and Complexity of Medical Imaging Data: The proliferation of medical imaging modalities, such as MRI, CT, ultrasound, and digital radiography, has led to a significant increase in the volume and complexity of medical imaging data. VNA and PACS solutions are equipped to handle large datasets and diverse image formats while ensuring efficient storage, retrieval, and management of medical images, diagnostic reports, and associated patient information.
Increasing Adoption of Enterprise Imaging Solutions: Healthcare organizations are increasingly adopting enterprise imaging strategies to consolidate and manage medical imaging data from multiple departments, modalities, and locations. VNA and PACS solutions play a crucial role in these strategies by providing a centralized repository for storing, accessing, and sharing medical images and associated patient data across the enterprise.
Advancements in Cloud-based Imaging Solutions: Cloud-based VNA and PACS solutions are gaining traction due to their scalability, flexibility, and cost-effectiveness. Cloud deployment offers healthcare providers the ability to store and access medical imaging data securely, offload IT infrastructure management, and support remote access and collaboration. Additionally, cloud-based VNA and PACS solutions enable seamless integration with other cloud-based healthcare applications and services.
Vendor Neutral Archive VNA has Garnered Major Market Share in the Global Vendor Neutral Archive VNAPACS Market in 2023
The demand for Vendor Neutral Archive (VNA) solutions is primarily driven by several factors that contribute to the efficient management, storage, and accessibility of medical imaging data across healthcare organizations. Healthcare institutions often accumulate vast amounts of medical imaging data from multiple modalities, departments, and facilities. VNA solutions enable the consolidation of diverse image formats and data sources into a centralized repository, promoting interoperability and seamless access to patient information across the enterprise. With the exponential growth of medical imaging data, healthcare providers require scalable storage solutions capable of accommodating large datasets while optimizing storage utilization. VNA platforms offer scalable storage architectures and advanced data compression techniques to manage growing volumes of images efficiently.
By Application Cardiology and Radiology Segment had the Highest Share in the Global Vendor Neutral Archive (VNA) & PACS Market in 2023.
Cardiology and Radiology segment dominated the global Vendor Neutral Archive VNA PACS market, in terms of revenue and is estimated to sustain its dominance over the forecast period. Cardiologists require high-quality imaging studies to accurately diagnose various cardiac conditions, assess cardiac function, and plan appropriate treatment strategies. VNA & PACS solutions support interventional cardiology procedures by providing access to pre-procedural imaging studies, guiding catheter-based interventions, and facilitating post-procedure assessment. Radiology is one of the largest users of medical imaging technology, encompassing various modalities such as X-ray, MRI, CT, ultrasound, and nuclear medicine. Radiologists rely on advanced visualization tools, diagnostic workstations, and decision support systems integrated into PACS for image interpretation and diagnosis.
By End User Hospitals & Clinics had the Highest Share in the Global Vendor Neutral Archive (VNA) & PACS Market in 2023.
Hospitals and clinics are increasingly transitioning from traditional film-based radiology systems to digital imaging solutions. VNA & PACS enable healthcare facilities to digitize, store, and manage medical images in electronic format, facilitating seamless integration with electronic health records (EHR) and other clinical systems. The volume of medical imaging data generated by hospitals and clinics continues to grow rapidly, driven by factors such as technological advancements in imaging modalities and increasing patient volumes.
VNA & PACS solutions offer scalable, centralized storage and efficient image management capabilities, allowing healthcare providers to store, retrieve, and share large volumes of medical images across the organization. VNA & PACS solutions streamline clinical workflows within hospitals and clinics by providing radiologists and clinicians with instant access to patient imaging studies and related information. This enables faster diagnosis, treatment planning, and decision-making, leading to improved patient outcomes and satisfaction.
North America has garnered major market share in the vendor neutral archive (VNA) & PACS market in 2023.
Healthcare facilities in North America are subject to stringent regulatory requirements regarding the storage, management, and security of patient health information, including medical images. VNA & PACS solutions help healthcare providers comply with regulations such as the Health Insurance Portability and Accountability Act (HIPAA) by providing secure, auditable storage and access controls for medical images. With the increasing complexity of healthcare delivery systems and the growing importance of care coordination, there is a strong demand for interoperable IT solutions that enable seamless data exchange across different healthcare settings and systems. VNA & PACS solutions facilitate interoperability by standardizing image formats, protocols, and interfaces, allowing healthcare organizations to share and access medical images from disparate sources and systems.
Competitive Landscape: Global Vendor Neutral Archive (VNA) & PACS Market:
- Agfa Healthcare NV
- Dell Technologies Inc.
- FUJIFILM Holdings Corporation
- GE Healthcare
- IBM Corporation
- Koninklijke Philips NV
- Lexmark International Inc.
- McKesson Corporation
- Novarad Corporation
- Siemens Healthineers AG
- Other Industry Participants
Global Vendor Neutral Archive (VNA) & PACS Market: Key Takeaways
Report Specifications | Details |
Market Revenue in 2023 | US$ 4.4 Bn |
Market Size Forecast by 2034 | US$ 9.1 Bn |
Growth Rate (CAGR) | 9.8% |
Historic Data | 2016 – 2022 |
Base Year for Estimation | 2023 |
Forecast Period | 2024 – 2034 |
Report Inclusions | Market Size & Estimates, Market Dynamics, Competitive Scenario, Trends, Growth Factors, Market Determinants, Key Investment Segmentation, Product/Service/Solutions Benchmarking |
Segments Covered | By Modality, By Deployment, By Product Type, By Vendor Type, By Application, By End-User |
Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa, Latin America |
Countries Covered | U.S., Canada, Mexico, Rest of North America, France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe, China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific, Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa, Brazil, Argentina, Rest of Latin America |
Key Players | Agfa Healthcare NV,Dell Technologies Inc.,FUJIFILM Holdings Corporation,GE Healthcare,IBM Corporation,Koninklijke Philips NV,Lexmark International Inc.,McKesson Corporation,Novarad Corporation,Siemens Healthineers AG, Other Market Participants |
Customization Scope | Customization allows for the inclusion/modification of content pertaining to geographical regions, countries, and specific market segments. |
Pricing & Procurement Options | Explore purchase options tailored to your specific research requirements |
Contact Details | Consult With Our Expert
Japan (Toll-Free): +81 663-386-8111 South Korea (Toll-Free): +82-808- 703-126 Saudi Arabia (Toll-Free): +966 800-850-1643 United Kingdom: +44 753-710-5080 United States: +1 302-232-5106 E-mail: askanexpert@thenicheresearch.com |
Global Vendor Neutral Archive (VNA) & PACS Market Scope:
By Modality
- CT
- Mammography
- MRI
- Ultrasound
- X-Rays
- PET
By Deployment
- On-Premise
- Cloud-Based
- Hybrid Model
By Product Type
- VNA
-
- Department VNA
- Multi-Department VNA
- Multi-Site VNA
- PACS
-
- Department PACS
- Multi-Department PACS
- Multi-Site PACS
By Vendor Type
- Independent Vendor
- Third-party Vendor
By Application
- Cardiology
- Orthopedic
- Oncology
- Neurology
- Obstetrics and Gynecology
- Others
By End User
- Hospitals & Clinics
- Diagnostic Centers
- Others
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
Report Layout
Table of Contents
**Exclusive for Multi-User and Enterprise User.
Global Vendor Neutral Archive (VNA) & PACS Market
By Modality
- CT
- Mammography
- MRI
- Ultrasound
- X-Rays
- PET
By Deployment
- On-Premise
- Cloud-Based
- Hybrid Model
By Product Type
- VNA
-
- Department VNA
- Multi-Department VNA
- Multi-Site VNA
- PACS
-
- Department PACS
- Multi-Department PACS
- Multi-Site PACS
By Vendor Type
- Independent Vendor
- Third-party Vendor
By Application
- Cardiology
- Orthopedic
- Oncology
- Neurology
- Obstetrics and Gynecology
- Others
By End User
- Hospitals & Clinics
- Diagnostic Centers
- Others
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
The Niche Research approach encompasses both primary and secondary research methods to provide comprehensive insights. While primary research is the cornerstone of our studies, we also incorporate secondary research sources such as company annual reports, premium industry databases, press releases, industry journals, and white papers.
Within our primary research, we actively engage with various industry stakeholders, conducting paid interviews and surveys. Our meticulous analysis extends to every market participant in major countries, allowing us to thoroughly examine their portfolios, calculate market shares, and segment revenues.
Our data collection primarily focuses on individual countries within our research scope, enabling us to estimate regional market sizes. Typically, we employ a bottom-up approach, meticulously tracking trends in different countries. We analyze growth drivers, constraints, technological innovations, and opportunities for each country, ultimately arriving at regional figures.Our process begins by examining the growth prospects of each country. Building upon these insights, we project growth and trends for the entire region. Finally, we utilize our proprietary model to refine estimations and forecasts.
Our data validation standards are integral to ensuring the reliability and accuracy of our research findings. Here’s a breakdown of our data validation processes and the stakeholders we engage with during our primary research:
- Supply Side Analysis: We initiate a supply side analysis by directly contacting market participants, through telephonic interviews and questionnaires containing both open-ended and close-ended questions. We gather information on their portfolios, segment revenues, developments, and growth strategies.
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The forecasts we provide are based on a comprehensive assessment of various factors, including:
- Market Trends and Past Performance (Last Five Years): We accurately analyze market trends and performance data from preceding five years to identify historical patterns and understand the market’s evolution.
- Historical Performance and Growth of Market Participants: We assess the historical performance and growth trajectories of key market participants. This analysis provides insights into the competitive landscape and individual company strategies.
- Market Determinants Impact Analysis (Next Eight Years): We conduct a rigorous analysis of the factors that are projected to influence the market over the next eight years. This includes assessing both internal and external determinants that can shape market dynamics.
- Drivers and Challenges for the Forecast Period:Identify the factors expected to drive market growth during the forecast period, as well as the challenges that the industry may face. This analysis aids in deriving an accurate growth rate projection.
- New Acquisitions, Collaborations, or Partnerships: We keep a close watch on any new acquisitions, collaborations, or partnerships within the industry. These developments can have a significant impact on market dynamics and competitiveness.
- Macro and Micro Factors Analysis:A thorough examination of both macro-level factors (e.g., economic trends, regulatory changes) and micro-level factors (e.g., technological advancements, consumer preferences) that may influence the market during the forecast period.
- End-User Sentiment Analysis: To understand the market from the end-user perspective, we conduct sentiment analysis. This involves assessing the sentiment, preferences, and feedback of the end-users, which can provide valuable insights into market trends.
- Perspective of Primary Participants: Insights gathered directly from primary research participants play a crucial role in shaping our forecasts. Their perspectives and experiences provide valuable qualitative data.
- Year-on-Year Growth Trend: We utilize a year-on-year growth trend based on historical market growth and expected future trends. This helps in formulating our growth projections, aligning them with the market’s historical performance.
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