The purpose of this research study titled ‘Vendor Neutral Archives (VNA) and Picture Archiving and Communication Systems (PACS) Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024’ is to provide investors, developers, company executives and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global VNA and PACS market.
This report examines combined and independent markets for VNA and PACS solutions. For the purpose of this study, the global VNA market is categorized in terms of delivery mode, procurement mode and vendor type. The VNA market by delivery mode is categorized into cloud-based, on-premise and hybrid VNA. Departmental and enterprise are the two procurement modes prevalent in VNA market. VNA is either available through independent VNA vendors or PACS vendors.
The PACS market studied in this report is categorized in terms of procurement mode and imaging modality. The imaging modalities thus considered are X-ray, CT, ultrasound, MRI, and PET and SPECT. Similar to VNA, procurement modes in PACS market is classified as departmental PACS and enterprise PACS. This report provides market size and forecast for each considered segment and sub-segment for the period 2014-2024, along with respective CAGRs for the period 2016-2024, while considering 2015 as the base year.
Geographically, the global VNA and PACS market is studied for North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America regional markets. These regions are further studied for key country level markets as follows:
North America
a) U.S.
b) Canada
Europe
c) U.K.
d) Germany
e) Rest of Europe
Asia-Pacific
f) Japan
g) China
h) Rest of Asia-Pacific
Middle East and Africa
Latin America
Market size and forecast for each regional and country level markets, by VNA and PACS are provided in this report for the period 2014-2024 along with their respective CAGRs during 2016-2024, considering 2015 as the base year.
Along with the quantitative information sets, this report also provides qualitative information sets such as market dynamics and executive summary for the global VNA and PACS market. Tools such as competition assessment and attractive investment proposition are also included in the report to provide the readers with competitive mapping assistance. This study concludes with company profiles section. This section includes major information about the key companies engaged in development, manufacture and sale of VNA and PACS.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
Chapter 2 Executive Summary
2.1 Global Vendor Neutral Archive (VNA) Market Portraiture
2.2 Global Picture Archiving and Communications Systems (PACS) Market Portraiture
Chapter 3 VNA & PACS Market Analysis
3.1 Global VNA & PACS Market Overview
3.1.1 Market Dynamics
3.1.2 Drivers
3.1.2.1 Intensive Electronic Medical Records (EMR) Adoption
3.1.2.2 Reimbursements and Industry Regulations
3.1.2.3 Growth of Big Data Market
3.1.3 Challenges
3.1.3.1 Usability and User Interface Challenge
3.1.3.1 Post-Implementation Issues in VNA
3.2 Opportunities
3.2.1.1 Increasing Healthcare Consolidation and Merger Activities
3.3 Attractive Investment Proposition
3.4 Market Share Analysis of Key Vendors in VNA and PACS Market
Chapter 4 Global Vendor Neutral Archives (VNA) Market Analysis
4.1 Introduction
4.2 VNA Market, by Delivery Mode
4.2.1 Cloud-based VNA
4.2.2 On-premise VNA
4.2.3 Hybrid VNA
4.3 VNA Market, by Procurement Mode
4.3.1 Departmental
4.3.2 Enterprise (Multi-site)
4.4 VNA Market, by Vendor Type
4.4.1 Independent
4.4.2 PACS Vendors
Chapter 5 Global PACS Market Analysis
5.1 Introduction
5.2 Procurement Mode
5.2.1 Departmental PACS
5.2.2 Enterprise PACS
5.3 Modality
5.3.1 X-Ray
5.3.2 Computed Tomography
5.3.3 Magnetic Resonance Imaging
5.3.4 PET & SPECT
5.3.5 Ultrasound
Chapter 6 Global Vendor Neutral Archive (VNA) Market & PACS Market Analysis, By Geography
6.1 Preface
6.2 North America
6.3 Europe
6.4 Asia Pacific
6.5 Latin America
6.6 Middle East and Africa
Chapter 7 Company Profiles
7.1 Fujifilm Teramedica, Inc.
7.2 Lexmark International, Inc.
7.3 Agfa Healthcare
7.4 BridgeHead Software Ltd.
7.5 Carestream Healthcare
7.6 Dell, Inc.
7.7 GE Healthcare
7.8 Merge Healthcare (An IBM Company)
7.9 Siemens Healthineers
7.10 DeJarnette Research Systems
7.11 Vital Images, Inc.
List of Figures
FIG. 1 VNA and PACS Market: Research Methodology
FIG. 2 Attractive Investment Proposition: Global VNA and PACS Market, by Geography
FIG. 3 Global Cloud-based VNA Market, 2014-2024, (USD Mn)
FIG. 4 Global On-premise VNA Market, 2014-2024, (USD Mn)
FIG. 5 Global Hybrid VNA Market, 2014-2024, (USD Mn)
FIG. 6 Global Departmental VNA Market, 2014-2024, (USD Mn)
FIG. 7 Global Enterprise VNA Market, 2014-2024, (USD Mn)
FIG. 8 Global Independent Vendor VNA Market, 2014-2024, (USD Mn)
FIG. 9 Global PACS Vendors VNA Market, 2014-2024, (USD Mn)
FIG. 10 Global Departmental PACS Market, 2014–2024 (USD Mn)
FIG. 11 Global Enterprise PACS Market, 2014–2024 (USD Mn)
FIG. 12 Global X-Ray PACS Market, 2014–2024 (USD Mn)
FIG. 13 Global Computed Tomography PACS Market, 2014–2024 (USD Mn)
FIG. 14 Global Magnetic Resonance Imaging PACS Market, 2014–2024 (USD Mn)
FIG. 15 Global PET & SPECT PACS Market, 2014–2024 (USD Mn)
FIG. 16 Global Ultrasound PACS Market, 2014–2024 (USD Mn)
FIG. 17 Latin America VNA Market, 2014–2024 (USD Mn)
FIG. 18 Latin America PACS Market, 2014–2024 (USD Mn)
FIG. 19 Middle East & Africa VNA Market, 2014–2024 (USD Mn)
FIG. 20 Middle East & Africa PACS Market, 2014–2024 (USD Mn)
List of Tables
TABLE 1 Global VNA Market, by Delivery Mode, 2014-2024 (USD Mn)
TABLE 2 Global VNA Market, by Procurement Mode, 2014-2024 (USD Mn)
TABLE 3 Global VNA Market, by Vendor Type, 2014-2024 (USD Mn)
TABLE 4 Global PACS Market, by Procurement Mode, 2014-2024 (USD Mn)
TABLE 5 Global PACS Market, by Modality, 2014-2024 (USD Mn)
TABLE 6 Global VNA Market, by Geography, 2014–2024 (USD Mn)
TABLE 7 Global PACS Market, by Geography, 2014–2024 (USD Mn)
TABLE 8 North America VNA Market, by Country, 2014–2024 (USD Mn)
TABLE 9 North America PACS Market, by Country, 2014–2024 (USD Mn)
TABLE 10 Europe VNA Market, by Country, 2014–2024 (USD Mn)
TABLE 11 Europe PACS Market, by Country, 2014–2024 (USD Mn)
TABLE 12 Asia Pacific VNA Market, by Country, 2014–2024 (USD Mn)
TABLE 13 Asia-Pacific PACS Market, by Country, 2014–2024 (USD Mn)
TABLE 14 Fujifilm Teramedica, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 15 Lexmark International, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 16 Agfa Healthcare: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 17 BridgeHead Software Ltd.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 18 Carestream Healthcare: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 19 Dell, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 20 GE Healthcare: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 21 Merge Healthcare (An IBM Company): Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 22 Siemens Healthineers: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 23 DeJarnette Research Systems: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 24 Vital Images, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
VNA Products Segmentation Investigation
The global VNA market is studied for the following categories:
1. Delivery Mode
a. Cloud-based
b. On-premise
c. Hybrid
2. Procurement Mode
a. Departmental
b. Enterprise
3. Vendor Type
a. Independent Vendors
b. PACS Vendors
The current status of image storage and management is evolving above traditional PACS. Since its introduction, VNA has established its stronghold in the image management market and is moving the manner in which healthcare facilities store, retrieve and manage patient data. Apart from exclusive VNA vendors, PACS vendors have also ventured in this market in order to tackle the overwhelming cannibalization by VNA. VNA was introduced in the 2000s and their popularity is phenomenal. As healthcare systems are increasingly facing the demand for better information storage, sharing and transmission needs, compliance to Meaningful USE criteria and improvement in efficiency, VNAs will gradually become indispensable for healthcare organizations.
Information technologies in healthcare are rapidly evolving and the cost of keeping up with such developments is significant. Therefore, healthcare systems need to decide significant investments on PACS or VNA, they must contemplate how their current needs may change over time. Hence, hospitals and healthcare organizations desire a management solution that can be easily adopted today and which would eventually evolve and solve future contingencies.
PACS Products Segmentation Investigation
The global PACS market is studied for the following categories:
1. Modalities
a. X-ray
b. CT
c. MRI
d. PET & SPECT
e. Ultrasound
2. Procurement Mode
a. Departmental
b. Enterprise
Picture Archiving and Communication System (PACS) facilitates short- and long-term storage, retrieval, management, distribution and presentation of medical images. PACS allows healthcare systems to image management on departmental and enterprise levels. While investing in PACS solution, a hospital system has to consider the environment of deployment. Major components of PACS are imaging modality, secure online network for distribution and information exchange, workstation and a secure cloud or local server. Healthcare system for installing, upgrading or replacing PACS can be motivated for the same by workflow inadequacies or evolution and a desire for PACS that allows them to store and retrieve images within one repository. Rapid evolution and adoption of health information technology is supporting the demand for PACS. Growth of this market will be driven by government reforms and initiatives towards healthcare centralization. Penetration of PACS into specialties such as endoscopy and oncology will lead to additional PACS applications and thus market growth. Furthermore, features such as integrated speech recognition and advanced clinical decision support systems will also contribute to expansion of PACS market.
Geographically, the global VNA and PACS market is cumulative to North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.
North America is observed as the largest market for VNA and PACS. It is suggested that through supportive legal reforms such as the HITECH Act, and the ACA, the U.S. market is expected to witness high adoption of VNAs and EMR. Intensive focus on government rewards on data consolidation and exchange and region-wide installation of clinical archiving in U.S. and Canada further strengthens the position of North America market. Offered benefits from installation of VNA and PACS such as cost saving, multiple consultations and patient satisfaction are certain additional factors that supports the demand for VNA and PACS from a longer perspective. Moreover, escalating need of healthcare providers to efficiently manage records of claims and reimbursements also facilitates the growth of VNA and PACS market in North America and Europe. Asia Pacific is anticipated to witness the fastest market growth during the forecast period. Healthcare IT reforms in countries such as Australia, Japan and Canada and growing reach of healthcare enterprises in countries such as India, Korea and Philippines drive the market growth in this region.
The detailed regional classification of the global VNA and PACS market is as follows:
