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Rising EHR Adoption Drives Growth In Vendor-Neutral Archive (VNA) & Picture Archiving And Communication System (PACS) Driver: Leading Transformation in the Vendor-Neutral Archive (VNA) & Picture Archiving And Communication System (PACS) Market in 2025
Vendor Neutral Archive VNA and Picture Archiving And Communication System PACS Market Growth
There has been significant growth in recent years in the market size of the vendor-neutral archive (VNA) & picture archiving and communication system (PACS). The market is projected to expand from $4.19 billion in 2024 to $4.47 billion in 2025, boasting a compound annual growth rate (CAGR) of 6.8%. Factors such as the surge in medical imaging data volume, government policies encouraging the adoption of IT in healthcare, the requirement for more efficient workflows in the medical sector, increasing focus on interoperability, the necessity for long-term data storage, and the growing number of diagnostic imaging procedures are credited for the historical growth.
The market size for the vendor-neutral archive (VNA) & picture archiving and communication system (PACS) is projected to witness robust expansion in the coming years, growing to $5.71 billion in 2029, and showing a compound annual growth rate (CAGR) of 6.3%. The anticipated growth within the forecast period is attributed to the ongoing growth in medical imaging data, worldwide efforts towards healthcare data interoperability, heightened stress on data security, the emergence of telemedicine and remote diagnostics, the integration with superior analytics, the emphasis on patient-oriented healthcare, and government backing of healthcare IT framework. Key trends during the forecast period are expected to be the adoption of cloud-based vendor-neutral archives, focus on interoperability and standardization, the integration of artificial intelligence in image analysis, the surge in mobile access and teleradiology solutions, and setting up of vendor-neutral image sharing networks.
What Is Driving the Growth Trajectory of the Vendor-Neutral Archive (VNA) & Picture Archiving And Communication System (PACS) Market?
The vendor-neutral archive (VNA) and picture archiving and communication system (PACS) market are anticipated to benefit from the increasing uptake of electronic health records (EHRs). EHRs are digital renditions of patient's traditional medical files, containing comprehensive health details including medical history, diagnosis, treatments, immunization history, and other such vital health information. The increased usage of EHRs in healthcare intensifies the necessity for VNAs and PACS by facilitating data unification, interoperability, and enhancing workflow efficiency. Crucial in managing, storing, and giving access to diagnostic imaging data, these systems provide healthcare professionals the essential resources to provide excellent care while preserving patient confidentiality and security. For instance, data from the Munich American Reassurance Company in June 2023 indicated that the adoption of EHRs rose from 23% in 2020 to 61% in 2022. Hence, the rising uptake of electronic health records (EHRs) is poised to boost the market for vendor-neutral archive (VNA) & picture archiving and communication system (PACS). The uplift in the vendor-neutral archive (VNA) and PACS market is also expected to be driven by the rising instances of infectious diseases. Defined as diseases caused by harmful microorganisms such as bacteria, viruses, parasites, or fungi which propagate within the body causing infection, infectious diseases necessitate a critical role of VNA and PACS. These systems support in effective storage, tracking and management of medical imaging data facilitating precise diagnostics, monitoring, and treatment plans for patients affected with infectious diseases. As per the National Center for Biotechnology Information, part of the U.S. National Institutes of Health, there were 8,300 reported tuberculosis cases in the U.S. in 2022, up from the 7,874 in 2021. With the TB incidence slightly escalating to 2.5 per 100,000 persons in 2022 compared to 2.4 in 2021. Consequently, growth in infectious disease occurrences triggers the surge in the vendor-neutral archive (VNA) and PACS market.
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Which Leading Companies Are Shaping the Growth of the Vendor-Neutral Archive (VNA) & Picture Archiving And Communication System (PACS) Market?
Major companies operating in the vendor-neutral archive (vna) & picture archiving and communication system (pacs) market report are McKesson Corporation, Dell Technologies Inc., Siemens AG, General Electric, International Business Machines Corporation (IBM), Hitachi Ltd., FUJIFILM Holdings Corporation, Koninklijke Philips NV, GE Healthcare, Cerner Corporation, Change Healthcare, Lexmark International Inc., Agfa-Gevaert Group, Carestream Health, Hyland Software Inc., Acuo Technologies, Merge Health, Sectra AB, Novarad Corporation, INFINITT Healthcare Co. Ltd., Visage Imaging Inc., Birdgehead Software, ScImage Inc., Agfa Healthcare NV, Mach 7 Technologies Ltd., ASPYRA LLC, TeraMedica Inc., Dejarnette Research Systems Inc., Dicom Systems Inc., InsiteOne Inc.
What Are the Major Trends Shaping the Vendor-Neutral Archive (VNA) & Picture Archiving And Communication System (PACS) Market?
Dominant firms in the vendor-neutral archive (VNA) and picture archiving and communication system (PACS) marketplace prioritize cutting-edge technologies like imaging EMR (electronic medical record), a digitized patient's paper chart that records medical history, diagnoses, treatments, and test results at a single healthcare facility. In October 2022, RamSoft Inc., a Canadian healthcare software firm, unveiled its OmegaAI imaging EMR, merging medical imaging services. The platform is crafted to streamline imaging processes and augment patient care, featuring a unified workflow list, a zero-footprint viewer, sophisticated workflow automation, and comprehensive patient records. It offers smooth integration, superior interoperability, cost efficiency, enhanced patient service, and extra patient empowerment. Using a cloud-based framework, it restricts the need for on-premises data centers, thus escalating operational performance and promoting patient participation.
What Are the Key Segments of the Vendor-Neutral Archive (VNA) & Picture Archiving And Communication System (PACS) Market?
The vendor-neutral archive (VNA) & picture archiving and communication system (PACS) market covered in this report is segmented -
1) By Type: Picture Archiving And Communication System (PACS), Vendor-Neutral Archive (VNA) Software
2) By Imaging Modality: Angiography, Mammography, Computed Tomography, Magnetic Resonance Imaging, Ultrasound, Other Imaging Modalities
3) By Mode Of Delivery: On-Site (Premise), Hybrid, Cloud-Hosted
4) By Usage Model: Single Department, Multiple Departments, Multiple Sites
5) By Vendors: Independent Vendors, Commercial Vendors
Subsegments:
1) By Picture Archiving And Communication System (PACS): Radiology PACS, Cardiology PACS, Orthopedic PACS, Dental PACS
2) By Vendor-Neutral Archive (VNA) Software: Cloud-Based VNA, On-Premises VNA, Hybrid VNA
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Which Region Dominates the Vendor-Neutral Archive (VNA) & Picture Archiving And Communication System (PACS) Market?
North America was the largest region in the vendor-neutral archive (VNA) & picture archiving and communication system (PACS) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vendor-neutral archive (vna) & picture archiving and communication system (pacs) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Vendor-Neutral Archive (VNA) & Picture Archiving And Communication System (PACS) Global Market Report?
- Market Size Analysis: Analyze the Vendor-Neutral Archive (VNA) & Picture Archiving And Communication System (PACS) Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Vendor-Neutral Archive (VNA) & Picture Archiving And Communication System (PACS) Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Vendor-Neutral Archive (VNA) & Picture Archiving And Communication System (PACS) Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Vendor-Neutral Archive (VNA) & Picture Archiving And Communication System (PACS) Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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