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VNA and PACS Market is developing at an exceptionally quick pace to reach USD 3.86 billion by 2021.


(, March 13, 2018 ) The Global VNA & PACS market size is estimated at USD 2.91 billion in 2016 and is projected to reach USD 3.86 billion by 2021, at a CAGR of 5.8% during the forecast period from 2016 to 2021. 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.

Browse market data tables and in-depth TOC of the Global VNA and PACS Market to 2021 @

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.

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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.

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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.

The scope of the report provides:
• The evaluation of the current market for your product or services and the future implications of the market
• Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
• Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
• Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
• The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
• The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
• Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
• Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
• Equip you with the information providing with the investment opportunities in the industry

Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.

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