Vendor Neutral Archive (VNA) & Picture Archiving and Communication System Market is Expected to Grow USD 3.87 billion at An Expected CAGR of About 7.2% By 2023
Meticulous Research® –
leading global market research company published a research report titled “VNA & PACS Market by Department (Cardiology, Radiology, Pathology, Oncology,
Ortho), Enterprise, Delivery Mode (On premise, Hybrid, Cloud), Vendor (PACS,
ISV, Infrastructure), End User (Hospitals, Diagnostic Imaging Center) – Global
Forecast to 2023”.
With the shift towards affordable care, healthcare organizations need to
innovate to deliver collaborative, patient-centered care and meet the
requirements of value-based payment models. PACS and VNAs support these goals,
enabling health systems to manage medical images efficiently, streamline
clinical and business workflows, and provide cost-effective image access to
users across the continuum of care. This would in turn help providers to
improve quality of treatment, increase efficiency, reduce costs, shift
resources toward innovation, and build a strong foundation for a sustainable,
data-driven healthcare enterprise. The global Vendor Neutral Archive & PACS
Market is expected to grow at a CAGR of 7.2% from 2018 to 2023 to reach $3.87
billion by 2023.
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Rising investments in the
medical imaging industry
Increasing investments, funding and grants by the government bodies and
companies in medical imaging field plays an important role in development and
implementation of imaging technologies, modernization of imaging facilities,
improving the quality of patient lives, and opening new areas of scientific
discovery. For instance, in November 2017, European Investment Bank (EIB)
announced to provide financing of EUR 30 million to Medneo Group, a Berlin
headquartered company providing innovative imaging diagnostics’ services and
technology. In February 2018, as part of the company’s commitment to innovation
with an annual USD 600 million R&D spend in North America, Royal Philips
announced that it will invest in a new R&D facility in Cleveland, Ohio, for
its Computed Tomography and Advanced Molecular Imaging (CT/AMI) businesses. In
April 2017, Bracco Imaging S.p.A., a leading global company in the diagnostic
imaging business, announced a strategic investment in PHS Technologies Group,
LLC, a division of PACSHealth, LLC, to further expand its portfolio of
Informatics Solutions for Radiology. Such efforts would ultimately lead to
rising demand for Vendor Neutral Archive (VNA) & Picture Archiving and
Communication System (PACS) solutions.
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Scope of the Report:
PACS Market by Procurement
Model
- Departmental PACS
- Radiology PACS
- Cardiology PACS
- Other Departments
- Enterprise PACS
VNA Market by Delivery Model
- On-premise VNA
- Hybrid VNA
- Fully Cloud-based VNA
VNA Market by Procurement
Model
- Departmental VNA
- Enterprise VNA
- Multi-departmental VNA
- Multi-site VNA
VNA Market by Vendor Type
- PACS Vendors
- Independent Software Vendors
- Infrastructure Vendors
VNA & PACS Market by
End-user
- Hospitals
- Diagnostic Imaging Centers
- Other End Users
VNA & PACS Market by
Geography
- North America
- Europe
- Asia-Pacific (APAC)
- Rest of World
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About Meticulous Research®
Meticulous Research® is founded in 2010 and incorporated as
Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under
the Companies Act, 1956. Since its incorporation, the company has become the
leading provider of premium market intelligence in North America, Europe,
Asia-Pacific, Latin America, and Middle East & Africa.
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