The size of the Vendor Neutral Archive (VNA) & PACS Market in the Middle East & Africa has been estimated at USD 0.23 billion in 2022. It is projected to reach USD 0.31 billion by 2027, at a CAGR of 5.65% during the forecast period from 2022 to 2027.
The availability of favorable rules and regulations for important market participants is the primary driver of the vendor-neutral archive and PACS market throughout the Middle East and Africa. The increased desire for cost-cutting solutions, lifecycle management solutions, and standards alternatives for medical picture storage also contributes to the global expansion of the vendor-neutral archive and PACS market. The Middle East and Africa Vendor Neutral Archive (VNA) & PACS Market are growing faster due to the deployment of current technology for better management.
The market participants are employing novel strategies and alliances to boost earnings, which is projected to lead to profitable growth prospects for the vendor-neutral archive and PACS market. The advantages of VNA over PACS have led to an increase in VNA technology demand, which is expected to provide growth prospects for market participants. Policy reforms and government support in various countries are expected to improve market demand and expand growth prospects for the leading players in the vendor-neutral archive and PACS market. During the forecast period, the integration of cloud technologies for VNA products and adopting a holistic approach to providing a higher quality of healthcare are expected to give profitable chances for the VNA and PACS market to develop.
The extended lifecycles of VNAs are limiting the expansion of the vendor-neutral archive and PACS industry in the Middle East and Africa. During the forecast period, the vendor-neutral archive and PACS market are likely to slow due to an increase in data breaches and misinterpretation of VNA. The cost of a Vendor Neutral Archive (VNA) is its most significant disadvantage. The VNA, or Vendor Neutral Archive, is stand-alone software acquired separately from the PACS and DICOM viewer. VNA is still an expensive investment, which is it's main negative because it has only been operational for a few years.
This research report on the Middle East & Africa Vendor Neutral Archive (VNA) & PACS Market is segmented and sub-segmented into the following categories:
Vendor Neutral Archive (VNA) Market:
By Business Mode:
By Mode of Delivery:
Picture Archiving and Communication System (PACS) Market:
By Business Mode:
By Type of Instruments:
By Mode of Delivery:
Factors such as rising population and increasing demand for standard-based storage and integration of patient data are propelling the Middle East and Africa VNA & PACS market forward. Due to the increased adoption of VNAs and hospital consolidations is expected to grow rapidly during the projection period. Due to factors such as increased government initiatives to provide high-quality healthcare and increased adoption of VNAs in emerging countries such as Saudi Arabia, the United Arab Emirates, Israel, and the rest of the GCC, the Middle East, and Africa will contribute a significant share of revenues to the global market during the forecast period.
Saudi Arabia is predicted to dominate the Middle East and Africa VNA and PACS market throughout the forecast period. One of the fundamental drivers of this business is increased awareness of the necessity for photo archiving technology, which is one of the main drivers of this market.
In the Middle East and Africa VNA and PACS market, the United Arab Emirates is expected to overtake Saudi Arabia. The other major factors driving the market in this region are the reduction in administration expenses, the increase in the number of patients diagnosed every hour, easy handling, and the review and transfer of images after imaging.
KEY MARKET PLAYERS:
Companies playing a leading role in the MEA Vendor Neutral Archive (VNA) & PACS Market profiled in this report are Acuo Technologies, which leads the global VNA market, followed by Agfa HealthCare, Carestream Health, Dell, Inc., BridgeHead Software, Fujifilm Corporation, Merge Health, GE Healthcare, Philips Healthcare, Siemens Healthcare, McKesson Corporation, and TeraMedica (U.S.).
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