openPR Logo
Press release

VNA & PACS Market Set to Reach $6.50 Billion by 2031, Driven by Technological Advancements and Growing Healthcare IT Adoption

08-27-2024 02:05 PM CET | Health & Medicine

Press release from: Meticulous Research®

/ PR Agency: Meticulous Research
Meticulous Research®, a leading global market research firm, has released its latest report titled "VNA & PACS Market by Procurement (PACS [Departmental {Radiology, Mammography, Dental} Enterprise] VNA [Enterprise, Multi-site] [CT, Angiography, MRI, Ultrasound]), Delivery (On-Premise, Cloud, Hybrid), Vendor Type, End User - Global Forecast to 2031." According to this comprehensive analysis, the VNA & PACS market is expected to reach a valuation of $6.50 billion by 2031, registering a robust CAGR of 7.2% during the forecast period.

Download Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=4440

1 Market Growth Drivers
The rapid growth of the VNA & PACS market is primarily fueled by substantial investments in medical imaging technologies, increasing demand for imaging equipment, and significant technological advancements in diagnostic imaging modalities. Additional factors contributing to market expansion include the rising volumes of geriatric imaging, the increasing presence of big data in healthcare, and the widespread adoption of healthcare IT and electronic health records (EHR).
The integration of PACS/VNA systems with electronic medical records (EMR), the growing penetration of artificial intelligence (AI) in medical imaging, and the rising adoption of hybrid and cloud-based imaging solutions present significant growth opportunities. The expanding telehealth market is also expected to drive demand for these solutions.

2 Challenges and Constraints
Despite the promising growth prospects, the VNA & PACS market faces several challenges. The extended product lifecycle of VNA systems and budgetary constraints pose significant hurdles to market growth. Additionally, data migration issues and lack of interoperability remain persistent challenges for healthcare providers.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/vna-and-pacs-market-4440

3 Key Market Players
The report highlights the key players shaping the VNA & PACS market landscape, including:
• Novarad Corporation (U.S.)
• Koninklijke Philips N.V. (Netherlands)
• Siemens Healthineers AG (Germany)
• Agfa-Gevaert NV (Belgium)
• Mach7 Technologies (Australia)
• GE HealthCare Technologies Inc. (U.S.)
• Fujifilm Holdings Corporation (Japan)
• Sectra AB (Sweden)
• Bridgehead Software, Ltd. (U.K.)
• INFINITT Healthcare Co., Ltd. (South Korea)
• Hyland Software, Inc. (U.S.)
• ASPYRA, LLC (U.S.)
• Merative L.P. (U.S.)
• SoftTeam Solutions Pvt Ltd. (India)
• Carestream Health, Inc. (U.S.)
• Neusoft Corporation (China)

Request Sample Report Here: https://www.meticulousresearch.com/request-sample-report/cp_id=4440

4 Future Outlook
The VNA & PACS market segmentation includes procurement models such as departmental PACS and enterprise PACS. In 2024, the departmental PACS segment is projected to hold the largest share, driven by the growing use of imaging data across various medical departments, including radiology, cardiology, and oncology. Radiology PACS is expected to dominate the departmental PACS market due to increasing adoption in emerging markets, advancements in imaging technologies, and favorable reimbursement policies.
The report also examines delivery modes, with the on-premise PACS segment anticipated to maintain its leading position in 2024. On-premise solutions offer benefits like faster data access and enhanced control over data security, which are key factors driving their adoption.

5 Geographical Insights
Geographically, North America is poised to dominate the VNA & PACS market in 2023, followed by Europe and Asia-Pacific. The U.S. is expected to hold the largest market share in North America, driven by the presence of leading industry players, advanced healthcare infrastructure, and growing demand for standardized medical image archiving solutions.

Quick Buy: https://www.meticulousresearch.com/Checkout/35265421

Key Questions Addressed in the Report
• What are the high-growth segments in the VNA & PACS market?
• What are the market forecasts and estimates for 2024-2031?
• Who are the major players in the global VNA & PACS market?
• What are the recent developments and strategies adopted by key players?
• What are the geographical trends and high-growth regions?

Contact Information
Meticulous Research®
Email: sales@meticulousresearch.com
Phone: +1-646-781-8004
LinkedIn: Connect with us on LinkedIn

Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/

Meticulous Research® was 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 the Middle East & Africa.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release VNA & PACS Market Set to Reach $6.50 Billion by 2031, Driven by Technological Advancements and Growing Healthcare IT Adoption here

News-ID: 3636402 • Views:

More Releases from Meticulous Research®

Next Generation Sequencing Market in Middle East & Africa: Applications, Technologies, and Growth Drivers | Meticulous Research®
Next Generation Sequencing Market in Middle East & Africa: Applications, Technol …
The Middle East and Africa are witnessing a notable shift in the healthcare and research landscape with the rise of Next Generation Sequencing (NGS). In 2024, the regional NGS market was valued at $155 million, and it is expected to more than double to $356.5 million by 2032. Even in the near term, from 2025, the market is estimated to reach $170.7 million, growing steadily at an annual rate of
Precision Agriculture Market 2024-2031: Trends, Segmentation, and Growth Outlook | Meticulous Research®
Precision Agriculture Market 2024-2031: Trends, Segmentation, and Growth Outlook …
The global precision agriculture market is witnessing remarkable growth and is projected to reach approximately $27.81 billion by 2031, expanding at a compound annual growth rate (CAGR) of 12.9% from 2024 to 2031. This growth is primarily driven by the rising adoption of advanced technologies in farming and the urgent need to address climatic challenges that affect crop yield. Precision agriculture allows farmers to optimize the use of inputs such
Asia-Pacific Location-Based Services Market: Trends, Opportunities, and Growth Outlook to 2031 | Meticulous Research®
Asia-Pacific Location-Based Services Market: Trends, Opportunities, and Growth O …
The Asia-Pacific location-based services market is entering a period of rapid growth, with projections suggesting it will reach $118.2 billion by 2031, expanding at an annual rate of about 17% between 2024 and 2031. This growth is fueled by the increasing adoption of location-based technologies across industries such as retail, agriculture, logistics, and smart city initiatives. Businesses are relying on precise location data to make smarter decisions, improve operational efficiency,
Bicycle Security System Market Growth, Trends, and Future Outlook
Bicycle Security System Market Growth, Trends, and Future Outlook
Introduction The global bicycle security system market is experiencing steady growth as rising theft incidents, growing ownership of premium bicycles, and the increasing popularity of e-bikes push consumers and businesses to invest in advanced security solutions. In 2024, the market reached a value of USD 1.23 billion and is projected to grow from USD 1.31 billion in 2025 to USD 2.32 billion by 2035. This reflects a healthy CAGR of 5.8%

All 5 Releases


More Releases for PACS

Vendor Neutral Archive & PACS Market - Driving Connected Care: VNA & PACS Enhanc …
Newark, New Castle, USA - new report, titled Vendor Neutral Archive & PACS Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Vendor Neutral Archive & PACS market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Vendor Neutral Archive & PACS market.
PACS Market : Cloud-based PACS Will Cross US$ 1090.9 Mn by 2026
The global PACS market is segmented on the basis of deployment, components, business mode, end-use, and region. By deployment, PACS market is segmented into web-based PACS, cloud-based PACS and on-premise. Moreover, by components market is categorized into imaging modalities, secured network, and workstation and archives. On the basis of business mode, PACS market is fragmented into enterprise and departmental. Further PACS market end-users are hospitals, clinic imaging, dental practices, imaging
04-19-2017 | Health & Medicine
TMR
PACS and RIS Market: Asia Pacific PACS and RIS Market to Lead to Most Promising …
The picture archiving and communication system (PACS) and radiology information system (RIS) market is extremely consolidated, with the top five companies accounting for a share of over 61% in 2015. Transparency Market Research finds that GE Healthcare, Philips Healthcare, McKesson Corporation, Fujifilm Holdings Corporation, and Siemens Healthineers have significantly contributed to the global market over the years by providing an extra advantage to customers at a reasonable price. “In contrast to
03-30-2017 | Health & Medicine
TMR
PACS and RIS Market: Cloud-based PACS and RIS to Witness Most Promising Growth
The picture archiving and communication system (PACS) and radiology information system (RIS) market is extremely consolidated, with the top five companies accounting for a share of over 61% in 2015. Transparency Market Research finds that GE Healthcare, Philips Healthcare, McKesson Corporation, Fujifilm Holdings Corporation, and Siemens Healthineers have significantly contributed to the global market over the years by providing an extra advantage to customers at a reasonable price. “In contrast to
PACS and RIS Market Opportunity Analysis; Adoption of Cloud based PACS by Health …
Driven by the technological advancements in the medical and healthcare industry encouraged by governments across the world, the global market for picture archiving and communication systems (PACS) and radiology information systems (RIS) are likely to witness substantial growth over the forthcoming years. According to Transparency Market Research (TMR), the total opportunity offered by the worldwide PACS and RIS market was US$2.2 bn in 2015. Expanding at a healthy CAGR of 7.0%
PACS and RIS Market Opportunity Analysis 2024; Adoption of Cloud based PACS by H …
The opportunity in the global PACS and RIS market stood at US$2.2 bn in 2015 and, rising at a 7.0% CAGR during the forecast period, is estimated to be worth US$3.9 bn by 2024. The picture archiving and communication system (PACS) and radiology information system (RIS) market is extremely consolidated, with the top five companies accounting for a share of over 61% in 2015. Transparency Market Research finds that GE Healthcare,