Vendor Neutral Archive (VNA) Market Estimated to Witness Exponential Growth by 2029

The Vendor Neutral Archive (VNA) market research report offers valuable market insights and analysis, grounded in a SWOT analysis framework that businesses can rely on with confidence. This study provides actionable insights that enable the development of sustainable and profitable business strategies. It covers essential aspects of the Vendor Neutral Archive (VNA) industry, including market definition, segmentation, competitive analysis, and key industry developments. The report employs advanced tools for data collection, recording, estimation, and analysis, empowering businesses to focus on critical market aspects.

Furthermore, the Vendor Neutral Archive (VNA) market report offers information on historical data, current market trends, the business environment, technological innovations, upcoming technologies, and advancements within the related industry. This wealth of information assists the Vendor Neutral Archive (VNA) industry in refining its strategies for trading goods and services. The data, facts, and statistics presented in the report lead to actionable insights, improved decision-making, and enhanced business strategy formulation. The report provides detailed information on market analysis, market definition, segmentation, key areas of development, competitive analysis, and research methodology. The inclusion of competitive intelligence in the report is another crucial aspect that aids businesses in gaining a competitive edge in the market.

Data Bridge Market Research analyses that the vendor neutral archive (VNA) market is expected to grow at a CAGR of 6.2% during the forecast period of 2022 to 2029. On-premise VNA accounts for the largest delivery mode segment in the vendor neutral archive (VNA) market due to improved data control and security.

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The global vendor-neutral archive market is anticipated to grow significantly over the forecast period to its inherent advantages in vendor flexibility and accessibility over the Picture Archiving and Communication System (PACS). PACS can handle pictures from positron emission tomography (PET), endoscopy (ES), ultrasound, magnetic resonance, radiography, mammography, and other medical imaging equipment.

Key Growth Drivers:

Universalization of medical image archiving
The increasing demand for universalization of medical image archiving will propel the market's growth rate during forecast period of 2022-2029.

High level integration will increase market's growth rate
The high-level integration and electronic health records (EHR) industry will accelerate the demand for vendor-neutral archive (VNA) market.

Additionally, reduction in data storage costs which encourages investments in technology will further act as major driver influencing the vendor neutral archive (VNA) market's growth rate. Compatibility of VNA with older data archival system will increase the demand for vendor neutral archive (VNA) and further propel the market's growth rate. Another significant factor in the expansion of the market is the surging demand for standard-based medical image archiving and non-dicom content management fuels VNA deployments. Furthermore, surging healthcare spending capacity and advancement in healthcare infrastructure are the major drivers that will enhance the growth of market. Rapid urbanisation and rise in the level of disposable incomes in developing and developed countries will influence the growth rate of vendor neutral archive (VNA) market. Increasing adoption of VNAS owing to healthcare-IT specific government regulations and guidelines will cushion the growth rate of market.

The report outlines the involvement of key players, including:

Some of the major players operating in the vendor neutral archive (VNA) market are Koninklijke Philips N.V., Hyland Software, Inc., Agfa-Gevaert Group., BridgeHead Software Ltd, FUJIFILM Holdings America Corporation, Dell Inc., Mach7 Technologies Ltd, Novarad, IBM, Siemens Healthcare Private Limited, Lexmark International, Inc., McKesson Corporation, General Electric Company, Carestream Health, Merge Health, Toshiba International Corporation, and DeJarnette Research Systems, Inc., among others.

Key Market Segmentation

Global Vendor Neutral Archive (VNA) Market, By Delivery Mode (On-Premise VNA, Hybrid VNA, Fully Cloud-Hosted VNA), Procurement Mode (Departmental VNA, Multi-Departmental VNA, Multi-Site VNA), Imaging Modality (Angiography, Mammography, Computed Tomography, Digital Fluoroscopy, Digital Radiography, Magnetic Resonance Imaging, Nuclear Imaging, Ultrasound, Other), Usage Model (Single Department, Multiple Departments, Multiple Sites), Player Type (PACS, Independent Software, Infrastructure) - Industry Trends and Forecast to 2029.

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