Vendor Neutral Archive (VNA) and PACS Market Size is projected to reach USD 3.86 billion by 2021

Global Vendor Neutral Archive (VNA) and Picture Archiving and Communication System (PACS) Market is projected to reach USD 3.86 billion by 2021 from USD 2.91 billion in 2016, at a CAGR of 5.8%.Vendor neutral archive (VNA), in a health information technology context, is a medical imaging technology used by healthcare professionals that stores images in a standard format and interface, making medical imaging data accessible through different picture archiving and communication systems (PACS). VNAs allow users to consolidate, standardize and archive images and data from different PACS into a single, easily accessible and interoperable repository. VNAs are used to reduce silos of storage dedicated to individual PACS systems and facilitate cross-document sharing and exchange.

Image management in radiology isn’t just about the PACS anymore. For more than a decade, the vendor neutral archive (VNA) has solidified its market share, shifting the way facilities and practices store and handle patient data. The choices are vast – many long-time PACS vendors now offer VNA-like products, and there is a growing number of solely VNA vendors popping up.

Get Free Sample report at: http://www.marketdataforecast.com/market-reports/global-vendor-neutral-archive-and-picture-archiving-and-communication-system-market-743/request-sample

The factors influencing the Global Market for Vendor Neutral Archive (VNA) and Picture Archiving and Communication System (PACS) Market, either positively or negatively are presented in the DROC analysis. 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.

For granular level understanding, the Vendor Neutral Archive (VNA) and Picture Archiving and Communication System (PACS) Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segments.

Vendor Neutral Archives (VNA) Market
• By Business Mode
o Enterprise
o Departmental
• By Vendors
o Independent Vendors
o Commercial Vendors
• By Mode of Delivery
o On-Premise VNA
o Hybrid VNA
o Complete Cloud-Hosted VNA

Picture Archiving and Communication System (PACS) Market
• By Business Mode
o Enterprise
o Departmental
• By Type of Instruments
o X-ray
o Computed Tomography
o Magnetic Resonance Imaging
o Nuclear Imaging
o Ultrasound
• By Components
o Hardware
o Software
• By Mode of Delivery
o Mobile Based
o Cloud Based
o Client Server Based

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.

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 Vendor Neutral Archive (VNA) and Picture Archiving and Communication System (PACS) Market study offers the following deliverables:

• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming

• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail

• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

• Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses

• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment

• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com

Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Jubilee Gardens,
Hyderabad, India.

This release was published on openPR.