The Vendor neutral archive (VNA) and picture archiving and communication system (PACS) Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Vendor neutral archive (VNA) and picture archiving and communication system (PACS) Market is estimated to be $2.91 USD billion and predicted to rise to $ 3.86 USD billion with a CAGR of 5.8%. The VNA market is segmented 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). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
The growth of the VNA and PACS Market will be spurred by increasing use of diagnostic imaging, which will result in more image data for archiving. Barriers to market growth include concerns regarding the effects of long-term data availability on the decisions of service providers, a long product life cycle, and the dependency of VNA and PACS sales on capital equipment purchasing.
On site VNA segment is a leading segment among the market due to its improved data control and security. In imaging instruments segment magnetic resonance imaging is fastest and dominating segment. However, Hybrid VNA will be the quickest growing and subsequently will be a new revenue generating segment for companies in this market.
North America and Europe are the major market share holders for these technologies, the emerging economies like Asia-Pacific and Latin America are also witnessing rapid growth at present owing to the increase adoption of information technology.
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.).
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