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Global Vendor-Neutral Archive (VNA) and PACS Market 2021 Production, Revenue, Price and Gross Margin Analysis with Forecasts

Vendor-Neutral Archive (VNA) and PACS

Vendor-Neutral Archive (VNA) and PACS Market” report provides strategic supports mentioned by the business specialists with market sources, amount of manufacturing cost structure, raw materials, forecasts, turnover, manufacturing outlays, latest market trends, labor cost, demands and much more. Vendor-Neutral Archive (VNA) and PACS market report covers a comprehensive market structure through the globe with an in-depth study of major dynamics (Drivers, Challenges, Opportunities).  

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Key Market Trends:

PACS is Expected to Hold Significant Market Share in the Type Segment

Picture archiving and communication systems (PACS) are one of the most widely used technologies in healthcare facilities across the world. More than 80% of the hospitals in developed countries, such as the United States, the United Kingdom, and Japan, use PACS in their facilities. The scope can be seen in developing countries, particularly the Asian countries, such as India, China, etc. Healthcare facilities in these countries have now started to shift from the use of multiple services to integrated platforms for sharing and storing medical images. The adoption of PACS is rapidly increasing in these countries because of the improving healthcare sectors, increasing healthcare expenditure, and the awareness about the significance of picture archiving and communication systems. The use of these technologies is mostly in radiology. Ultrasound and MRI are other applications where their use is most common. Hence, with the aforementioned factors, the market is expected to grow during the forecast period.

North America Dominates the Market and Expected to do the Same in the Forecast Period

Information systems have tremendous potential in reducing healthcare costs and improving outcomes. These systems play a major role, not only in reducing costs but also in improving the quality of care delivered. The advantages of PACS include an elimination of expensive silver-based screen, improved access to old and new films to physicians, reduction in the physical storage requirement of bulky films, and low personnel costs. Additionally, PACS has improved the workflow of hospitals, by reducing the diagnostic time from hours to minutes. The PACS monitor systems play a major role in efficiently identifying the connectivity issues and resolving them at the earliest possible. The major factors driving the market in the region are the reduction in administration costs, the increase in the number of patients diagnosed every hour, easy handling, and review and transfer of pictures after imaging.

Market Overview:

  • The vendor-neutral archive (VNA) and PACS market is expected to witness a CAGR of 5.9% during the forecast period. Certain factors that are driving the market growth include the increasing demand for the universalization of medical image archiving, reducing data storage costs, high-level integration with the Electronic Health Records (EHR) industry, compatibility of VNA with older data archival systems.
  • In today’s healthcare systems, information-based decision making is crucial for delivering quality care and maintaining efficiency in health management. Patient data must be available for effective decision-making. Though the information exists in various systems across numerous healthcare providers, it is not readily available to the clinicians. Hence, the integration of VNA or PACS with the EHR systems is crucial for the clinicians in effective decision-making. With the absence of VNA, large volumes of enterprise patient content are floating around in departmental silos, file systems which would ultimately lead to care decision made with incomplete information. The trend of Electronic Health Records (EHR) started long ago and the growth has been accelerated with various government initiatives and programs across developed and developing nations. EHR adoption is quite high in developed countries and continues to grow globally. With the high-level integration with the EHR, organizations can liberate the content and make the data available for the clinicians. The benefits associated with the platform is driving the market studied.

    Key Manufacturers Like 

  • Agfa Healthcare NV
  • Dell Technologies Inc.
  • Fujifilm Holdings Corporation
  • GE Healthcare
  • IBM Corporation
  • Koninklijke Philips NV
  • Lexmark International Inc.
  • McKesson Corporation
  • Novarad Corporation
  • Siemens AG.

    Scope of the Report:

  • As per the scope of this report, VNA is a technology in which images and documents are stored in a standard format. PACS is a technology that provides economical storage and convenient access to images from multiple modalities.

    Vendor-Neutral Archive (VNA) and PACS market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Vendor-Neutral Archive (VNA) and PACS market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Vendor-Neutral Archive (VNA) and PACS market have also been involved in the study.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

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    Key Questions Answered in Market Report: –

    • What will the market growth rate, Overview and Analysis by Type of Vendor-Neutral Archive (VNA) and PACS market in 2023?
    • What are the key factors driving, Analysis by Applications and Countries Vendor-Neutral Archive (VNA) and PACS market?
    • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Vendor-Neutral Archive (VNA) and PACS ?
    • Who are Opportunities, Risk and Driving Force of Vendor-Neutral Archive (VNA) and PACS market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
    • Who are the opportunities and threats faced by the vendors in Vendor-Neutral Archive (VNA) and PACS space? Business Overview by Type, Applications, Gross Margin and Market Share
    • What are the Vendor-Neutral Archive (VNA) and PACS market opportunities, market risk and market overview of the Market?

    Lastly, the Global Vendor-Neutral Archive (VNA) and PACS Market Research covers a complete market structure across the world with a comprehensive analysis of major key factors. This report provides planned orientations referred by the industry experts.

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    Study objectives of Vendor-Neutral Archive (VNA) and PACS Market Report:

    • To provide a detailed analysis of the market structure along with the Vendor-Neutral Archive (VNA) and PACS market forecast of various segments and sub-segments of the Vendor-Neutral Archive (VNA) and PACS market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Vendor-Neutral Archive (VNA) and PACS market trends that influence the global Vendor-Neutral Archive (VNA) and PACS market

    Detailed TOC of Vendor-Neutral Archive (VNA) and PACS Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Demand for the Universalization of Medical Image Archiving
    4.2.2 Reducing Data Storage Costs
    4.2.3 High-level Integration with Electronic Health Records (EHR) Industry
    4.2.4 Compatibility of VNA with Older Data Archival Systems
    4.3 Market Restraints
    4.3.1 Availability of Long-Term Data Affecting the Decisions of Service Providers
    4.3.2 Long Product Life Cycle Affecting New Sales
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Imaging Modality
    5.1.1 Angiography
    5.1.2 Mammography
    5.1.3 Computed Tomography
    5.1.4 Digital Fluoroscopy
    5.1.5 Digital Radiography
    5.1.6 Magnetic Resonance Imaging
    5.1.7 Nuclear Imaging
    5.1.8 Ultrasound
    5.1.9 Other Imaging Modalities
    5.2 Type
    5.2.1 PACS
    5.2.2 VNA Software
    5.3 Mode of Delivery
    5.3.1 On-Site (Premise)
    5.3.2 Hybrid
    5.3.3 Cloud-hosted
    5.4 Usage Model
    5.4.1 Single Department
    5.4.2 Multiple Departments
    5.4.3 Multiple Sites
    5.5 Geography
    5.5.1 North America
    5.5.1.1 US
    5.5.1.2 Canada
    5.5.1.3 Mexico
    5.5.2 Europe
    5.5.2.1 Germany
    5.5.2.2 UK
    5.5.2.3 France
    5.5.2.4 Italy
    5.5.2.5 Spain
    5.5.2.6 Rest of Europe
    5.5.3 Asia-Pacific
    5.5.3.1 China
    5.5.3.2 Japan
    5.5.3.3 India
    5.5.3.4 Australia
    5.5.3.5 South Korea
    5.5.3.6 Rest of Asia-Pacific
    5.5.4 Middle East and Africa
    5.5.4.1 GCC
    5.5.4.2 South Africa
    5.5.4.3 Rest of Middle East and Africa
    5.5.5 South America
    5.5.5.1 Brazil
    5.5.5.2 Argentina
    5.5.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Agfa Healthcare NV
    6.1.2 Dell Technologies Inc.
    6.1.3 Fujifilm Holdings Corporation
    6.1.4 GE Healthcare
    6.1.5 IBM Corporation
    6.1.6 Koninklijke Philips NV
    6.1.7 Lexmark International Inc.
    6.1.8 McKesson Corporation
    6.1.9 Novarad Corporation
    6.1.10 Siemens AG

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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