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DUBLIN, Oct. 14, 2020 /PRNewswire/ -- The "VNA Market and PACS Market by Procurement, Delivery, Vendor, and End User - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. The VNA & PACS market is expected to grow at a CAGR of 6.7% from 2020 to 2027 to reach $4.89 billion by 2027. Factors such as growing investments in the medical imaging market, technological advancements in diagnostic imaging modalities, rising geriatric imaging volumes, growing healthcare IT and EHR adoption, and growing big data in healthcare are driving the growth of the VNA & PACS market. Also, the penetration of AI in medical imaging and integration of PACS/VNA with EMR and hybrid & cloud-based solutions are expected to provide opportunities for players operating in this market in the coming years. However, factors such as data migration and lack of interoperability are hindering the growth of this market.The VNA & PACS market study presents historical market data in terms of value (2018 and 2019), estimated current data (2020), and forecasts for 2027 by product and end user. The study also evaluates industry competitors and analyzes the market at the regional and country level.Based on procurement model, the departmental PACS segment is estimated to command the largest share of the overall PACS market in 2020. The large share of this segment is attributed to the increasing imaging data in various departments, such as radiology, cardiology, ophthalmology, oncology, endoscopy, teleradiology, dermatology, pathology, neurology, and dentistry. Also, the increasing adoption of imaging modalities is further contributing to the growth of this segment.Based on VNA vendor type, the PACS vendors segment is estimated to command the largest share of the overall VNA market in 2020. However, the independent software vendors segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to the increasing number of VNA-only companies that primarily focus on providing VNA solutions and advanced enterprise VNA.Based on end user, the hospitals segment is estimated to command the largest share of the overall VNA and PACS market in 2020. Factors driving the growth of this segment include growing number of hospital admissions, increasing number of hospitals, especially in developing countries, rising hospital budgets to implement advanced solutions, increasing adoption of medical imaging equipment, growing demand for enterprise-wide image data management, and growing emphasis on value-based care.An in-depth analysis of the geographic scenario of the VNA & PACS market provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa), along with the coverage of major countries in each region. North America is estimated to command the largest share of the overall VNA & PACS market in 2020, followed by Europe and Asia-Pacific. Factors such as higher acceptance of advanced technologies, easy accessibility to medical image management solutions, and presence of leading medical players are driving the growth of this segment. However, Asia-Pacific is expected to grow at the fastest CAGR during the forecast period.Some of the key players operating in the overall VNA & PACS market are Agfa-Gevaert (Belgium), FUJIFILM Medical Systems U.S.A. (U.S.), GE Company (U.S.), Hyland Software, Inc. (U.S.), Merge Healthcare Inc. (U.S.), Mach7 Technologies (Australia), Change Healthcare Inc. (U.S.), Novarad Corporation (U.S.), Koninklijke Philips N.V. (Netherlands), Siemens Healthineers AG (Germany), Sectra AB (Sweden), ASPYRA, LLC (U.S.), INFINITT Healthcare Co., Ltd (South Korea), Hitachi, Ltd. (Japan), NTT DATA Corporation (Japan), and Cerner Corporation (U.S.), among others.Key questions answered in the report: Which are the high growth market segments in terms of product type, end user, and region/countries? What was the historical market for VNA & PACS across the globe? What are the market forecasts and estimates for the period of 2020 to 2027? What are the major drivers, restraints, opportunities, and challenges in the overall VNA & PACS market? Who are the major players in the VNA & PACS market? How is the competitive landscape, and who are the market leaders in the overall VNA & PACS market? What are the recent developments in the overall VNA & PACS market? What are the different strategies adopted by the major players in the overall VNA & PACS market? What are the geographical trends and high growth regions/ countries? Key Topics Covered: 1. Introduction1.1. Market Definition1.2. Market Ecosystem1.3. Currency1.4. Key Stakeholders2. Research Methodology2.1. Research Process2.2. Data Collection & Validation2.2.1. Secondary Research2.2.2. Primary Research2.3. Market Assessment2.3.1. Market Size Estimation2.3.1.1. Bottom-Up Approach2.3.1.2. Top-Down Approach2.3.1.3. Growth Forecast2.3.2. Market Share Analysis2.4. Assumptions for The Study2.5. Limitations for The Study3. Executive Summary4. Market Insights4.1. Introduction4.2. Drivers4.2.1. Growing Investments in The Medical Imaging Market4.2.2. Technological Advancements in Diagnostic Imaging Modalities4.2.3. Rising Geriatric Imaging Volumes4.2.4. Growing Demand for Imaging Equipment4.2.5. Rapidly Growing Big Data in Healthcare4.2.6. Growing Healthcare IT And EHR Adoption4.3. Restraints4.3.1. Longer Product Lifecycle of VNA4.3.2. Budgetary Constraints4.4. Opportunities4.4.1. Integration of PACS/VNA with EMR4.4.2. Penetration of Ai in Medical Imaging4.4.3. Adoption of Hybrid & Cloud-Based Solutions Offering Growth Avenues4.4.4. Rapidly Growing Telehealth Market4.5. Challenges4.5.1. Data Migration4.5.2. Lack of Interoperability4.6. Impact Assessment of Covid-195. Picture Archive Communication Systems (PACS) Market, By Procurement Model5.1. Introduction5.2. Departmental PACS5.2.1. Radiology PACS5.2.2. Cardiology PACS5.2.3. Other Departmental PACS5.3. Enterprise PACS6. Picture Archive Communication Systems (PACS) Market, By Delivery Model6.1. Introduction6.2. On-Premise PACS6.3. Web/Cloud-Based PACS7. Vendor Neutral Archive (VNA) Market, By Procurement Model7.1. Introduction7.2. Enterprise VNA7.2.1. Multi-Departmental VNA7.2.2. Multi-Site VNA7.3. Departmental VNA8. Vendor Neutral Archive (VNA) Market, By Delivery Model8.1. Introduction8.2. On-Premise VNA8.3. Hybrid VNA8.4. Web/Cloud-Based VNA9. Vendor Neutral Archive (VNA) Market, By Vendor Type9.1. Introduction9.2. Independent Software Vendors9.3. PACS Vendors9.4. Infrastructure Vendors10. VNA & PACS Market, By End User10.1. Introduction10.2. Hospitals10.3. Diagnostic Imaging Centers10.4. Other End Users11. VNA & PACS Market, By Geography11.1. Introduction11.2. North America11.2.1. U.S.11.2.2. Canada11.3. Europe11.3.1. Germany11.3.2. France11.3.3. U.K.11.3.4. Italy11.3.5. Spain11.3.6. Rest of Europe (RoE)11.4. Asia-Pacific11.4.1. Japan11.4.2. China11.4.3. India11.4.4. Rest of Asia-Pacific (RoAPAC)11.5. Latin America11.6. Middle East & Africa12. Competitive Landscape12.1. Introduction12.2. Key Growth Strategies12.3. Competitive Benchmarking12.3.1. Competitive Benchmarking, By Product12.4. Market Share Analysis (2019)12.4.1. Market Share Analysis: Picture Archiving Communication Systems (PACS) Industry12.4.1.1. GE Company (U.S.)12.4.1.2. Koninklijke Philips N.V. (Netherlands)12.4.1.3. Fujifilm Holdings Corporation (Japan)12.4.2. Market Share Analysis: Vendor Neutral Archive Industry12.4.2.1. IBM Corporation (U.S.)12.4.2.2. Ge Company (U.S.)13. Company Profiles13.1. Novarad Corporation13.1.1. Business Overview13.1.2. Product Portfolio13.1.3. Strategic Developments13.1.3.1. New Product Launches13.2. Koninklijke Philips N.V.13.2.1. Business Overview13.2.2. Financial Overview13.2.3. Product Portfolio13.2.4. Strategic Developments13.2.4.1. Acquisitions13.2.4.2. Partnerships13.3. Infinitt Healthcare Co., Ltd.13.3.1. Business Overview13.3.2. Product Portfolio13.3.3. Strategic Developments13.3.3.1. New Product Launches & Enhancements13.4. Siemens Healthineers Ag13.4.1. Business Overview13.4.2. Financial Overview13.4.3. Product Portfolio13.5. Hyland Software, Inc.13.5.1. Business Overview13.5.2. Product Portfolio13.5.3. Strategic Developments13.5.3.1. Partnerships13.5.3.2. New Product Launches13.5.3.3. Expansions13.5.3.4. Acquisitions13.6. Agfa-Gevaert Group13.6.1. Business Overview13.6.2. Financial Overview13.6.3. Product Portfolio13.6.4. Strategic Developments13.6.4.1. Agreements and Collaborations13.7. General Electric Company13.7.1. Business Overview13.7.2. Financial Overview13.7.3. Product Portfolio13.7.4. Strategic Developments13.7.4.1. New Product Launches13.8. Mach7 Technologies13.8.1. Business Overview13.8.2. Financial Overview13.8.3. Product Portfolio13.8.4. Strategic Developments13.8.4.1. Partnerships13.8.4.2. Acquisitions13.9. Bridgehead Software, Ltd.13.9.1. Business Overview13.9.2. Product Portfolio13.9.3. Strategic Developments13.9.3.1. Partnerships13.9.3.2. New Product Launches13.10. Fujifilm Holdings Corporation13.10.1. Business Overview13.10.2. Financial Overview13.10.3. Product Portfolio13.10.4. Strategic Developments13.10.4.1. Partnerships13.10.4.2. New Product Launches13.11. IBM Corporation13.11.1. Business Overview13.11.2. Financial Overview13.11.3. Product Portfolio13.12. Sectra Ab13.12.1. Business Overview13.12.2. Financial Overview13.12.3. Product Portfolio13.12.4. Strategic Developments13.12.4.1. Agreements, Partnerships, And Collaborations13.12.4.2. Expansions13.13. Change Healthcare, Inc.13.13.1. Business Overview13.13.2. Financial Overview13.13.3. Product Portfolio13.13.4. Strategic Developments13.13.4.1. Agreements and Partnerships13.14. ASPYRA, LLC13.14.1. Business Overview13.14.2. Product Portfolio13.14.3. Strategic Developments13.14.3.1. Approval14. Appendix14.1. Questionnaire14.2. Available CustomizationFor more information about this report visit https://www.researchandmarkets.com/r/1rnxus Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com

Answer: Worldwide VNA and PACS Industry to 2027 - Featuring Infinitt Healthcare, Siemens Healthineers & Hyland Software Among Others