Vendor-Neutral Archive (VNA) and PACS Market to Grow with a CAGR of 5.07% through 2029
Digitalization of medical imaging, increasing demand
for interoperability, and cloud-based solutions is expected to drive the Global
Vendor-Neutral Archive (VNA) and PACS Market growth in the forecast period,
2025-2029
According to TechSci Research report, “Vendor-Neutral
Archive (VNA) and PACS Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2029F”, the Global Vendor-Neutral
Archive (VNA) and PACS Market stood at USD 3.55 billion in 2023 and is
anticipated to grow with a CAGR of 5.07% through 2029. This surge can be attributed to the rise of remote access and telemedicine. The COVID-19 pandemic has expedited the integration of telemedicine and remote healthcare services. Vital to this shift are Virtual Network Architecture (VNA) and Picture Archiving and Communication Systems (PACS), facilitating remote access to medical images and patient records, thereby supporting telemedicine consultations and remote diagnostics. This trend is anticipated to persist as telehealth continues to evolve as an essential component of healthcare delivery.
Moreover, healthcare institutions may adopt hybrid or multi-cloud strategies to strike a balance between control and scalability. This strategy merges on-premises infrastructure with cloud-based storage, enabling organizations to store sensitive data locally while capitalizing on the cloud's advantages for less critical data and applications.
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The market under review experienced significant disruption due to the COVID-19 pandemic. The influx of COVID-19 patients and the heightened need for diagnostics across various healthcare settings, including diagnostic centers, clinics, hospitals, and mobile clinics, drove notable growth during this period. This surge is anticipated to fuel demand for the integration of Vendor-Neutral Archives (VNAs) into hospital systems, streamlining diagnostic processes and facilitating seamless access to patient records. An article titled "Disaster Planning During SARS-CoV-2/COVID: One Radiology Informatics Team's Story," published in April 2021, highlighted how many radiology departments encountered unexpected system downtimes during the pandemic, including Picture Archiving and Communication Systems (PACS). Researchers adapted PACS workstations for remote usage, assessed system performance, and established guidelines for home PACS workstation use with wireless adapters at various research centers, positively impacting market growth.
Furthermore, several key factors are poised to drive the market forward. These factors encompass the increasing demand for standardizing medical image archiving, reducing data storage costs, and achieving deep integration with the Electronic Health Records (EHR) sector. The escalating necessity to digitize healthcare systems has spurred heightened demand for medical archiving. An e-book published by "Tech Target" underscores how advancements in diagnostic imaging, widespread adoption of health IT and EHRs, and the proliferation of big data in healthcare fuel rapid growth in medical image archiving, thereby amplifying demand for VNAs and contributing to overall market expansion.
Recent studies evaluating the merits and drawbacks of PACS and VNAs suggest that while organizations can effectively leverage PACS, VNAs present promising avenues for reducing long-term costs and enabling enhanced interoperability for crucial imaging data, particularly concerning data storage and efficient medical image utilization. Additionally, the compatibility of VNAs with legacy data archival systems serves as a significant market driver. For instance, an article titled "Advantages of Using a Neutral Vendor Archive for Your Enterprise," published in March 2022, underscores how VNAs optimize medical imaging operations, enhance interoperability, and act as a unified integration point for data stored by various clinical systems, alleviating the integration burden on healthcare organizations and promoting market growth.
The active participation of major global enterprises in advancing enterprise imaging serves as another impetus for market expansion. For instance, in November 2021, GE Healthcare introduced a next-generation, cloud-based Picture Archiving and Communication System (PACS) called Edison True PACS1. This subscription-based diagnostic imaging solution encompasses diagnostic reading, exam workflow, AI applications, 3D post-processing, enterprise visualization, and archiving within a single platform, driving significant market growth. However, factors such as the availability of long-term data impacting service providers' decisions and the protracted product life cycle are expected to pose challenges to market growth.
The Global Vendor-Neutral Archive (VNA) and PACS
Market is segmented into imaging modality, type, mode of delivery, usage model,
regional distribution, and company.
Based on its type, the PACS is expected to occupy a significant portion of the market's revenue
due to its increasing adoption worldwide. PACS, or Picture Archiving and Communication System, stands as a widely acknowledged and well-established platform for the management and storage of medical images. It serves as a vital tool for healthcare providers, enabling them to capture, store, distribute, and display various types of medical images such as X-rays, MRIs, and CT scans. Over the course of several decades, PACS has garnered extensive adoption across healthcare facilities globally, emerging as a fundamental technology within radiology departments and imaging centers for the efficient management and accessibility of medical images. One of the key strengths of PACS lies in its seamless integration with existing clinical workflows. This integration facilitates easy access for radiologists and clinicians to patient images and reports directly within their electronic health record (EHR) systems. Such integration not only enhances workflow efficiency but also fosters better coordination of patient care across different departments and healthcare settings.
Also, the longstanding relationships that many healthcare institutions maintain with PACS vendors play a significant role in influencing decision-making processes related to the upgrading or expansion of imaging infrastructure. The familiarity with PACS technology and the reliability of vendor support contribute to the continued adoption and investment in PACS solutions by healthcare providers.
Another notable advantage of PACS is its capability to provide real-time viewing and interpretation of medical images. This functionality proves particularly crucial in emergency departments, operating rooms, and other critical care settings where timely diagnosis and treatment planning are imperative. By enabling immediate access to medical images, PACS supports healthcare professionals in making informed clinical decisions and delivering prompt patient care. PACS serves as a cornerstone technology in the healthcare industry, offering robust capabilities for the management, accessibility, and interpretation of medical images. Its seamless integration with clinical workflows, coupled with real-time functionality and vendor support, positions PACS as an indispensable tool for healthcare providers striving to enhance patient care delivery and operational efficiency.
Based on region, the Asia Pacific is poised to witness fastest market growth during the forecast period. This is due to rising GDP, increasing disposable income, and expanding healthcare infrastructure. Governments and private healthcare providers are allocating more resources towards improving healthcare access and quality, including the adoption of advanced medical imaging technologies like VNAs and PACS.
The Asia Pacific region is witnessing a rise in the prevalence of chronic diseases such as cancer, cardiovascular diseases, and diabetes. These conditions often require frequent medical imaging for diagnosis, treatment planning, and monitoring. As a result, there is a growing demand for advanced imaging solutions like VNAs and PACS to efficiently manage and store medical images across healthcare facilities in the region. Asia Pacific countries are increasingly investing in healthcare technology and innovation. With advancements in digital imaging, artificial intelligence (AI), and cloud computing, healthcare providers in the region are adopting VNAs and PACS to enhance diagnostic accuracy, streamline workflow efficiency, and improve patient care outcomes. The Asia Pacific region is home to a significant aging population, which is prone to age-related medical conditions and disabilities that require medical imaging services. The increasing elderly population is driving the demand for VNAs and PACS solutions to manage and archive medical images for diagnosis, treatment, and follow-up care.
Major companies operating in
Global Vendor-Neutral Archive (VNA) and PACS Market are:
- Agfa HealthCare NV
- Dell Technologies Inc
- FUJIFILM Holdings Corp
- GE Healthcare Inc
- International Business Machines Corp
- Koninklijke Philips NV
- Lexmark International Inc
- McKesson Corp
- Novarad Corp
- Siemens Healthineers AG
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“The Global Vendor-Neutral Archive (VNA) and Picture
Archiving and Communication System (PACS) market are poised for significant
developments in the coming years. The integration of AI, advanced analytics,
continued cloud adoption, improved security measures, and a focus on
interoperability and patient-centric care will drive innovation and growth. As
healthcare continues to evolve, VNA and PACS systems will play a pivotal role
in enabling more efficient, data-driven, and patient-focused healthcare delivery.
Healthcare providers and VNA/PACS vendors must stay agile and proactive to
harness the full potential of these upcoming trends,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based management consulting
firm.
“Vendor-Neutral Archive (VNA) and PACS Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Imaging Modality (Angiography, Mammography, Computed Tomography, Magnetic Resonance Imaging, Ultrasound, Others), By Type (PACS, VNA Software), By Mode of Delivery (On-Site, Hybrid, Cloud-hosted), By Usage Model (Single Department, Multiple Departments, Multiple Sites), By Region, Competition, Forecast & Opportunities, 2019-2029F”, has evaluated the future growth potential of Global
Vendor-Neutral Archive (VNA) and PACS Market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Vendor-Neutral Archive (VNA) and PACS Market.
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