The Vendor Neutral Archive (VNA) & PACS Market is Predict to reach USD 8.3 Billion by 2031, at a CAGR of 9.3%

Vendor Neutral Archive (VNA) & PACS Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Vendor Neutral Archive (VNA) & PACS Market size is expected to reach $8.3 billion by 2031, rising at a market growth of 9.3% CAGR during the forecast period.

The VNA segment would register a maximum revenue in the Global Vendor Neutral Archive (VNA) & PACS Market by Product Type in 2023, thereby, achieving a market value of $4.5 billion by 2031. Vendor Neutral Archives (VNAs) are designed to facilitate seamless integration across diverse healthcare imaging systems. They allow healthcare facilities to store and access imaging data from multiple sources—regardless of the vendor—ensuring that data can be shared and utilized effectively across different platforms.

The Independent Vendor segment is registering a CAGR of 9 % during the forecast period. Independent vendors offer VNA and PACS solutions that are unrelated to any specific imaging equipment or software provider. This neutrality ensures that the solutions can integrate seamlessly with a wide range of existing systems and devices, providing flexibility for healthcare organizations that use equipment from multiple vendors.

The On-Premise segment led the maximum revenue in the Global Vendor Neutral Archive (VNA) & PACS Market by Deployment in 2023, thereby, achieving a market value of $3.4 billion by 2031. On-premises VNA and PACS solutions provide healthcare organizations with complete control over their data management infrastructure. This control allows organizations to customize the system according to their needs and regulatory requirements, ensuring it aligns with their operational workflows and data security protocols.

The Hospitals & Clinics segment is experiencing a CAGR of 9 % during the forecast period. This dominance can be attributed to several factors, including the rapid adoption of digital imaging technologies and the increasing need for streamlined data management in healthcare settings. Hospitals and clinics are increasingly recognizing the importance of efficient image storage and retrieval systems to enhance patient care.

The Cardiology segment captured the maximum revenue in the Global Vendor Neutral Archive (VNA) & PACS Market by Application in 2023, thereby, achieving a market value of $2 billion by 2031. Accessing a complete and consolidated imaging history is crucial in cardiology. VNA and PACS systems enable cardiologists to track changes in cardiac conditions over time, which is essential for accurate diagnosis, treatment planning, and assessing the progression of heart disease.

The Computed Tomography segment is growing at a CAGR of 7.3 % during the forecast period. Computed Tomography (CT) is one of the most widely used imaging modalities in healthcare due to its detailed cross-sectional imaging capabilities. Its high diagnostic value in detecting and diagnosing various conditions, including tumours, fractures, and internal injuries, drives significant demand for CT images within Vendor Neutral Archives (VNAs) and PACS.

Full Report: https://www.kbvresearch.com/vendor-neutral-archive-pacs-market/

The North America region dominated the Global Vendor Neutral Archive (VNA) & PACS Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3.1 billion by 2031. The Europe region is anticipated to grow at a CAGR of 8.9% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 10.2% during (2024 - 2031).

List of Key Companies Profiled

• Hyland Software, Inc.
• GE HealthCare Technologies, Inc.
• Koninklijke Philips N.V.
• Siemens Healthineers AG (Siemens AG)
• Fujifilm Holdings Corporation
• IBM Corporation
• Carestream Health, Inc. (Onex Corporation)
• Novarad Enterprise Healthcare Solutions
• Canon, Inc. (Canon Medical Systems Corporation)
• INFINITT Healthcare Co. Ltd.

Vendor Neutral Archive (VNA) & PACS Market Report Segmentation

By Product Type

• VNA
  • Multi-Department VNA
  • Department VNA
  • Multi-Site VNA
• PACS
  • Multi-Department PACS
  • Department PACS
  • Multi-Site PACS

By Vendor Type

• Independent Vendor
• Third-party Vendor

By Deployment

• On-Premise
• Cloud-Based
• Hybrid Model

By End User

• Hospitals & Clinics
• Diagnostic Centers
• Others

By Application

• Cardiology
• Orthopedic
• Oncology
• Neurology
• Obstetrics & Gynecology
• Others

By Modality

• Computed Tomography
• Mammography
• MRI
• Ultrasound
• X-Rays
• PET

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Vendor Neutral Archive (VNA) & PACS Market Size | 2031

• October-2024
• 191 Pages

LAMEA Vendor Neutral Archive (VNA) & PACS Market Size | 2031

• October-2024
• 215 Pages

Europe Vendor Neutral Archive (VNA) & PACS Market Size | 2031

• October-2024
• 216 Pages

Asia Pacific Vendor Neutral Archive (VNA) & PACS Market Size | 2031

• October-2024
• 216 Pages