Vendor Neutral Archives and Picture Archiving and Communication Systems Market Industry Review and Forecasts by 2025

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Vendor Neutral Archives (VNA) and Picture Archiving and Communication Systems (PACS) Market – Growth, Future Prospects and Competitive Analysis, 2017-2025, the VNA and PACS market was valued at USD 41,86,.0 Mn in 2017, and is expected to reach USD 10,155.4 Mn by 2025, expanding at a CAGR of 5.9% from 2017 to 2025.

Market Insights

The benefits of healthcare IT is being gradually realized by medical imaging professionals. One of such solutions is PACS that allows any healthcare organization to capture, store, retrieve, transmit and manage medical images both internally and enterprise-wide. While deploying PACS, any healthcare organization needs to consider the environment in which PACS is to be installed and other electronic systems with which PACs will be integrated. A Vendor Neutral Archive (VNA) is the latest evolution of PACS used for image archiving and provides a single, consolidated archiving platform to host files from different PACS software. Large healthcare organizations with outdated and ineffective PACS often opt to implement enterprise-wide VNA, instead of upgrading existing PACS.

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Information technologies are rapidly changing and the cost of keeping up with such technological advancements are high. Thus, when healthcare systems need to decide heavy investments on PACS or VNA, they must contemplate how their needs may change in the course of time. Traditional on-premise VNA model are ideal when the platform needs to be installed at location as it allows for flexible local server control, storage, management and security. On-premise model is highly preferred option for high-volume throughput and local exchange of massive content file such as large images or HD video, ensuring smooth image exchange and delivery without long waiting times. Hybrid VNA is the fastest progressing delivery mode in the VNA market. Through hybrid VNA, organizations can leverage their on-premise technology and take advantage of enterprise content management solutions available and running either on public or private cloud.

The increasing adoption of health information technology (HIT) is stimulating the market for PACS. Moreover, growth will be driven by significant government initiatives to encourage the digitization of healthcare systems, as well as substantial technological advancements in imaging information technology. The expansion of the PACS market to other specialties such as oncology and endoscopy will result in further applications for PACS and higher demand among providers. The global PACS market is dominated by the departmental PACS due to the factors such as need for integrated storage of standard-compliant imaging data, government initiatives favoring advanced information systems, and increased efficiency & income after adoption of PACS.

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Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Global Vendor Neutral Archive (VNA) Market Portraiture
2.2 Global Picture Archiving and Communications Systems (PACS) Market Portraiture

Chapter 3 VNA & PACS Market Analysis
3.1 Global VNA & PACS Market Overview
3.1.1 Market Dynamics
3.1.2 Drivers
3.1.2.1 Intensive Electronic Medical Records (EMR) Adoption
3.1.2.2 Reimbursements and Industry Regulations
3.1.2.3 Growth of Big Data Market
3.1.3 Challenges
3.1.3.1 Usability and User Interface Challenge
3.1.3.1 Post-Implementation Issues in VNA
3.2 Opportunities
3.2.1.1 Increasing Healthcare Consolidation and Merger Activities
3.3 Attractive Investment Proposition
3.4 Market Share Analysis of Key Vendors in VNA and PACS Market

Chapter 4 Global Vendor Neutral Archives (VNA) Market Analysis
4.1 Introduction
4.2 VNA Market, by Delivery Mode
4.2.1 Cloud-based VNA
4.2.2 On-premise VNA
4.2.3 Hybrid VNA
4.3 VNA Market, by Procurement Mode
4.3.1 Departmental
4.3.2 Enterprise (Multi-site)
4.4 VNA Market, by Vendor Type
4.4.1 Independent
4.4.2 PACS Vendors

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