(PharmaNewsWire.Com, August 01, 2017 ) According to the report North America Vendor Neutral Archive (VNA) and Picture Archiving and Communication System (PACS) Market, published by Market Data Forecast, the market is projected to reach USD 1.67 billion by 2021, at a CAGR 5.41% from 2016 to 2021.
Vendor neutral archive (VNA) and picture archiving and communication system (PACS) are considered as two key markets in the medical image management industry. Vendor Neutral Archiving is a medical imaging technology that collects images in a basic format with a basic interface, which can be accessed through various PACS. Technology in this area has grown manifold.
By bringing about the sought after changes in the clinical workflow and by enhancing the unification and availability of data, VNAs have the ability to provide enhanced patient care. VNAs deliver timely access to patient data at the point of care. They also provide quick access to professional help for patients. They aid in decision making and also provide a sense of transparency for the entire process.
North America VNA & PACS Market: Drivers & Restraints The growth of the North America VNA & PACS market is largely due to the technological developments and schemes undertaken by the government. Consolidation of patient information by integrating VNAs with electronic health records (EHR) is one of the crucial trends observed in this market. The main factors restrictive the growth of North America VNA & PACS market are misconception of the VNA concept, lengthy VNA lifecycles that influence the buying decisions of users, and data infringement occurrences.
North America VNA & PACS Market: Overview On-premise VNA makes up the major segment of the overall VNA market, as on premise VNAs are observed to offer enhanced control and reliable sharing of data. However, Hybrid VNA will be the fastest growing segment and subsequently it will be a new revenue generating segment for companies in this market. Hybrid VNAs allow the cloud to save all the second copies of images, thereby considerably decreasing the cost of disaster recovery.
The global PACS market is segmented by business mode into enterprise and departmental, by type of instruments into X--ray, computed tomography, Magnetic Resonance Imaging, nuclear imaging, ultrasound and others, also by components into hardware, software and services.
North America VNA & PACS Market: Region-wise Outlook The North America, which is the leading market for VNA & PACS has been geographically segmented into segmented into US and Canada. The USA leads the market in this region with a share of almost 80%. The North America market is very modern and is focused on innovating cost-effective techniques. Companies are committed to research, sourcing, and quality, factors that are central to the success of the industry.
Key Questions Answered
What is the industry growth forecast from 2016 to 2021?
What is the current and future VNA & PACS Market outlook worldwide? What trends are affecting the North America market?
What is the competitive landscape and market share of major players in the VNA & PACS space in North America?
What are the technology & innovation trends, how will they evolve by 2021 ?
What are the key, high growth markets that VNA & PACS should expand into? Which market segments are growing the fastest?
What are the unmet needs with the VNA & PACS currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of VNA & PACS?
What are the challenges and barriers that have hindered widespread adoption of VNA & PACS?
North America VNA & PACS Market: Key Players The major companies dominating this market for its products and services in this region 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 future of this technology looks pretty optimistic as it offers huge potential in the health care sector.
Reasons to buy North America VNA & PACS Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
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 affect the market presented in an extensive strategic analyses section containing PESTLE and Porters 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
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