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Vendor Neutral Archive and PACS Market Size, Share, and Industry Analysis By Type (Vender Neutral Archive and PACS), By Component (Hardware and Software), By Imaging Modality (Ultrasound, CT, Mammography, X-Ray, MRI, PET, and Others), By Deployment (Cloud-based, On-premise, and Hybrid), By Application (Cardiology, Oncology, Orthopedic, Neurology, and Others), By End User (Hospitals and Clinics, Diagnostic Centers, and Others), and Regional Forecast till 2032

Region : Global | Report ID: FBI112512 | Status : Ongoing

 

KEY MARKET INSIGHTS

The global vendor neutral archive and PACS market is driven by the explosion of medical imaging data that requires more efficient and sustainable data management solutions. Vendor Neutral Archive (VNA) is a centralised, enterprise-wide medical imaging application built to store, organise, and retrieve medical images and glued samples and can be attached to the originating Picture Archiving and Communication System (PACS) regardless of the manufacturers.

Increasing usage of digital health initiatives and the need for interoperability are propelling market growth. Take, for example, the increasing attention to establishing integrated digital ecosystems, where the integration of fluid sharing of patient information, from medical images to medical records, is critical for optimised clinical workflows, telemedicine diagnostics and collaborative care models.

Vendor Neutral Archive and PACS Market Driver

Medical Imaging Data Generated to Expand the Market

The rising amount of medical imaging data generated is a major driver for this market. This retail extensibility in the volume of medical imaging data has been a major impetus behind the growth of the VNA and PACS market. Increasing capability of medical imaging technologies, including high-resolution CT, MRI, digital mammography and PET scans, produces larger data sets per data set.

Transition to Digital Healthcare Systemsto Advance the Market

The momentum and increasing rate of the transition process towards holistic digital healthcare ecosystems is another major catalyst for driving the growth of the VNA and PACS market. In the global arena, healthcare organisations are going increasingly towards the use of Electronic Health Records (EHRs) and are aiming towards a smoother integration of a number of different clinical systems with the sole view of making operations more streamlined, improving patient care and cutting costs.

Vendor Neutral Archive and PACS Market Restraint

High Implementation and Maintenance CoststoPose Potential Impediments on this Market

One very important constraining factor towards the extensive implementation of VNAs and sophisticated PACS solutions is their high cost of both implementation and ongoing maintenance. The first investment includes buying hardware and software infrastructure, migration of data from the then-existing systems (which can be complicated and tedious), system integration with other hospital IT systems such as EHRs, and the training on the same.

Vendor Neutral Archive and PACS Market Opportunity

Adoption of Cloud-Based Solutionsto Create Opportunity in this Market

The increased uptake of cloud-based solutions offers a great opportunity to the VNA and PACS market. The cloud technology provides a variety of advantages, such as scalability and cost-effectiveness in terms of a lower capital expenditure requirement on infrastructure inside the premises, accessibility and easier maintenance.

Segmentation

By Type

By Component

By Imaging Modality

By Deployment

By Application

By End User

By Geography

· Vender Neutral Archive

· PACS

· Hardware

· Software

· Ultrasound

· CT

· Mammography

· X-Ray

· MRI

· PET

· Others

· Cloud-based

· On-premise

· Hybrid

· Cardiology

· Oncology

· Orthopedic

· Neurology

· Others

· Hospitals and clinics

· Diagnostic centers

· Others

· North America (U.S. and Canada)

· Europe (U.K., Germany, France, Spain, Italy, Scandinavia, and the Rest of Europe)

· Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific)

· Latin America (Brazil, Mexico, and the Rest of Latin America)

· Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

Key Insights

The report covers the following key insights:

  • Market drivers, restraints and opportunities
  • Influence of key industrial players and key developments
  • Complexity of medical imaging data
  • Adoption of digital health initiatives

Analysis by Type

By Type, the Vendor Neutral Archive and PACS market is divided into Vender Neutral Archive & PACS

The growth in the VNA fragment is supported by the increased demand for data exchange, efficient workflows, and long-term storage of imaging information in a heterogeneous environment.

The need for PACS expansion in the market comes as a result of the continuous evolution in the imaging modalities which produce more complex image data which needs to be handled through complex systems for gathering and analysis.

Analysis by Component

Based on Component, the market is divided into Hardware & Software

Continuing progress in storage technologies increases the amount that can be stored while bringing down the unit price in terms of gigabytes, which in turn also applies to the hardware segment, prompting maintenance and expansion in an effort to adequately cope with ever-growing volumes of data being processed.

The operating environment of the software segment is being expanded significantly due to greater sophistication of imaging workflows and demand for high clinical capabilities.

Analysis by Imaging Modality

Based on Imaging Modality, the market is divided into Ultrasound, CT, Mammography, X-Ray, MRI, PET & Others

The trend to increase the use of point-of-care ultrasound, the spread of which has been witnessed across various specialities, along with the increasing usage of handheld ultrasound devices, is resulting in large volumes of ultrasound image and video clips that call for effective storage and management options provided by VNAs and PACS.

With the ongoing evolution of CT technology, faster scan times and higher resolution imaging will continue to usher in the need for scalable and efficient VNA and PACS solutions to manage the increasing data explosion, driving market expansion in the modality.

Analysis by Deployment

Based on Deployment, the market is divided into Cloud-based, On-premise & Hybrid

While standards to address data security and regulatory compliance in the cloud are introduced using robust security measures and compliance with healthcare standards, adoption of cloud-based VNAs and PACS is increasing, which is creating an opportunity for market expansion for the wider range of healthcare entities, including small clinics and hospitals that may have shied away due to the high costs of traditional on-premises systems.

Improved capacity and performance of on-premise storage and server technologies through technological advances also support the perpetuation and growth of this deployment model.

Analysis by Application

Based on Application, the market is divided into Cardiology, Oncology, Orthopedic, Neurology & Others

The increasing penetration of interventional cardiology procedures and the increased use of multimodality imaging for cardiac diagnosis and treatment planning also stimulate increased penetration of the VNA and PACS cardiology markets.

The accelerated interest towards personalised medicine in oncology and the rise in the usage of high-advanced imaging methods for cancer early diagnosis and monitoring are fuelling demand for complex and bulky VNA and PACS applications that can manage the intricacy and quantity of oncology imaging data, leading to significant growth in the market within the application.

Analysis by End User

Based on End User, the market is divided into Hospitals and clinics, Diagnostic centers & Others

The growing focus on electronic health records (EHRs) and the requirement to incorporate medical pictures into the patients’ digital file, as strong components of PACS and VNAs, are irreplaceable core infrastructure for hospitals and clinics, which helps to achieve the market growth.

This outsourced trend of imaging services to diagnostic centres and the rising emphasis on timely and effective diagnostic findings accelerate the rise in demand for advanced PACS and VNAs, which also widens the market in end-user classification.

Regional Analysis

Based on region, the Vendor Neutral Archive and PACS market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

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North America is currently capturing the majority percentage of the VNA and PACS market in the world. It is this dominance attributed to its well-developed healthcare infrastructure, high adoption rate of advanced medical imaging technologies and significant investments into digital healthcare transformation. The presence of the leading market players and high importance of interoperability and data sharing between healthcare networks in North America itself stimulate the growth of the market.

  • According to Agency for Healthcare Research and Quality, 0.89% of hospitals were using PACS systems in the USA in 2023.
  • According to HIMSS, there were 0.62% of healthcare facilities with VNA implementation USA, in 2023.

Europe is the second largest market in the world for VNA and PACS. The market is fuelled by growing government attention and expenditure in healthcare IT infrastructure in different European countries. Parity with North America, increasing adoption of Electronic Health Records (EHRs) and the need for interoperability among healthcare institutions that they serve are key drivers.

The Asia Pacific is expected to be the most agile market for VNA and PACS in the next few years. This fast growth is underpinned by growing healthcare expenditure, skyrocketing healthcare infrastructures (especially in emerging economies), and growing uptake of digitisation in health. The increase in the number of medical imaging procedures resulting from an increasing and ageing population, combined with greater investments towards diagnostic imaging modalities, are major drivers.

Key Players Covered

The report includes the profiles of the following key players:

  • FUJIFILM Holdings Corporation (Japan)
  • PaxeraHealth (U.S.)
  • Carestream Health (U.S.)
  • Agfa-Gevaert Group (Belgium)
  • GE HealthCare (U.S.)
  • Hyland Software, Inc. (U.S.)
  • Brit Systems (U.S.)
  • Simplirad (India)
  • SynApps (U.S.)
  • Koninklijke Philips N.V. (Netherlands)

Key Industry Developments

GE Healthcare and Tribun Health – an AI-powered digital pathology solutions company – made a collaboration in November 2022 to accelerate the digital transformation of pathology.



  • Ongoing
  • 2024
  • 2019-2023
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