Vendor Neutral Archive (VNA) And Picture Archiving And Communication System (PACS) Market - VNA Market By Business Mode (Enterprise And Departmental), By Vendors (Independent And Commercial), By Mode Of Delivery (On-Premise VNA, Hybrid VNA And Complete Cloud-Hosted VNA), PACS Market By Business Mode (Enterprise And Departmental), By Components (Hardware And Software), By Type Of Instruments (X-ray, Computed Tomography, Magnetic Resonance Imaging, Nuclear Imaging And Ultrasound), And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)
Global VNA & PACS Market size is estimated at USD 3.26 billion in 2018 and is projected to reach USD 4.3billion by 2023, at a CAGR of 5.8% during the forecast period from 2018 to 2023. Vendor neutral archive (VNA) and picture archiving and communication system (PACS) are considered as two key markets in the medical image management industry. Vendor Neutral Archiving is a medical imaging technology that collects images in a basic format with a basic interface, which can be accessed through various PACS. Technology in this area has grown manifold.
By bringing about the sought after changes in the clinical workflow and by enhancing the unification and availability of data, VNAs have the ability to provide enhanced patient care. VNAs deliver timely access to patient data at the point of care. They also provide quick access to professional help for patients. They aid in decision making and also provide a sense of transparency for the entire process.
This market is mainly driven by technological advances, initiatives taken by the government, and an increasing demand for standard based storage, lifecycle management solutions, and disaster recovery. Consolidation of patient data by incorporating VNAs with electronic health records (EHR) is one of the key trends observed in this market. The main issues limiting the growth of this market are misinterpretation of the VNA concept, prolonged VNA lifecycles that sway the buying decisions of users and data breach incidences.
The global VNA market has been segmented on the basis of business mode into enterprise and departmental, based on vendors into independent and commercial and is also segmented by the delivery mode into On-premise VNA, hybrid VNA and complete cloud-hosted VNA. On-premise VNA makes up the major segment of the overall VNA market, as on premise VNAs are observed to offer enhanced control and reliable sharing of data. However, Hybrid VNA will be the fastest growing segment and subsequently it will be a new revenue generating segment for companies in this market. Hybrid VNAs allow the cloud to save all the second copies of images, thereby considerably decreasing the cost of disaster recovery. The global PACS market is segmented by business mode into enterprise and departmental, by type of instruments into X--ray, computed tomography, Magnetic Resonance Imaging, nuclear imaging, ultrasound and others, also by components into hardware, software and services.
Based on geography, the market has been segmented into North America, Europe, Asia-Pacific and the Rest of the World. North America leads the market with the largest consumer base in the world followed by Europe and Asia. The Asia Pacific market, which consists of fast-developing economies, has remained largely untapped. However, this market is expanding steadily and is witnessing rapid growth at present, owing to the increasing adoption of information technology. Developing countries have a huge patient base and thus the necessity for the VNA and PACS technologies is more in this market.
The major companies dominating this market for its products and services are Acuo Technologies (U.S.), which leads the global VNA market, followed by Agfa HealthCare (Belgium), Carestream Health (U.S.), Dell, Inc. (U.S.), BridgeHead Software (U.K.), Fujifilm Corporation (Japan), Merge Health (U.S.), GE Healthcare (U.K.), Philips Healthcare (The Netherlands), Siemens Healthcare (Germany), McKesson Corporation (U.S.), and TeraMedica (U.S.). The recent trends in mergers and acquisitions show that smaller companies are working with bigger ones for advanced innovations by utilizing their core competencies. The future of this technology looks pretty optimistic as it offers huge potential in the health care sector.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Vendor Neutral Archives (VNA) Market
5.1.1 By Business Mode
5.1.1.1 Enterprise
5.1.1.2 Departmental
5.1.2 By Vendors
5.1.2.1 Independent Vendors
5.1.2.2 Commercial Vendors
5.1.3 By Mode of Delivery
5.1.3.1 On-Premise VNA
5.1.3.2 Hybrid VNA
5.1.3.3 Complete Cloud-Hosted VNA
5.2 Picture Archiving And Communication System (PACS) Market
5.2.1 By Business Mode
5.2.1.1 Enterprise
5.2.1.2 Departmental
5.2.2 By Type of Instruments
5.2.2.1 X-ray
5.2.2.2 Computed Tomography
5.2.2.3 Magnetic Resonance Imaging
5.2.2.4 Nuclear Imaging
5.2.2.5 Ultrasound
5.2.3 By Components
5.2.3.1 Hardware
5.2.3.2 Software
5.2.4 By Mode of Delivery
5.2.4.1 Mobile Based
5.2.4.2 Cloud Based
5.2.4.3 Client Server Based
6. Geographical Analysis
6.1 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.2 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.3 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 South Korea
6.3.6 Australia
6.4 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Mexico
6.4.4 Argentina
6.4.5 Rest of Latin America
6.5 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Acuo Technologies
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Agfa HealthCare
8.3 Carestream Health
8.4 Dell Inc.
8.5 BridgeHead Software
8.6 Fujifilm Corporation
8.7 Merge Health
8.8 GE Healthcare
8.9 Philips Healthcare
8.10 Siemens Healthcare
8.11 McKesson Corporation
8.12 TeraMedica
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
