A Synopsis on Global VNA & PACS Market

Vendor Neutral Archive (VNA) – A brief summary and profile

Vendor Neutral Archive (VNA) in simple terms can be defined as those medical devices that are capable of storing medical images in a standard format so that they can be accessed by other medical imaging technologies or products in other available formats. The VNA medical imaging technology allows users to consolidate, standardize and archive images and data from a different picture archiving and communication systems (PACS) into a single, easily accessible and interoperable repository.

Download free sample report : http://www.marketdataforecast.com/market-reports/global-vendor-neutral-archive-and-picture-archiving-and-communication-system-market-743/request-sample

VNA enables the healthcare facilities to streamline distribution, storage and access to imaging and imaging related data from different departments (radiology, cardiology, pathology, ophthalmology etc) by using the facility’s existing solutions such as any PACS or Electronic Medical Record (EMR) and so on. VNA is now a critical component of the real time healthcare system or RTHS.

The Picture Archiving and Communication System (PACS) can be defined as a medical imaging technology providing economical storage and convenient access to images from multiple machine systems or technologies. The first large-scale PACS installation was done in 1982 at the University of Kansas. The PACS market in the United States is classified under medical devices segment and therefore is regulated by the USFDA when selling these devices by PACS vendors in the open market.

Inquire before buying : http://www.marketdataforecast.com/market-reports/global-vendor-neutral-archive-and-picture-archiving-and-communication-system-market-743/inquire

The Global VNA and PAC Market – A Comprehensive Analysis

The vendor neutral archive market is a step further of PACS (Pictures Archiving and Communication Systems) market as VNA market offers more flexibility that comes in handy with adding new imaging systems online, consolidating systems or switching from one PACS to another. The size of global VNA & PACS market is valued at $2.91 billion during 2016 and is expected to reach US $3.86 billion by the end of 2021 with a CAGR of 6.82% during the next five years.

As per Vendor Neutral Achieve (VNA) and Picture Archiving and Communication Systems (PAC) analysis both VNA and PAC are two key markets in the medical imaging industry with the majority of healthcare organization making decisions about replacing their aging PACs and other clinical systems.

The global VNA market is witnessing a rapid growth owing to the versatility of VNAs as central image repositories as disparities of PACS has made them a cornerstone of many health care organizations enterprise imaging strategy. The perceived benefits of a VNA have resulted in the rise in the number of IT vendors entering the market. The picture archiving and communication system market is much older than VNA market even though there is still room for growth in the PACS market with many PAC vendors have introduced their own VNAs to stay relevant.

The global VNA market based on the mode of delivery has been categorized into hybrid VNA Market, on-premise VNA, and complete cloud based VNA market. The on-premise VNA segment is the leading segment among the market due to its enhanced data control and security. The growth of VNA market is propelled by factors such as favorable government regulations, growing demand for standard based storage, disaster recovery and lifecycle management solutions. In terms of geography, the European Vendor Neutral Archive (VNA) is expected to reach $93 million by the end of 2018 with a CAGR of 15.69%. Europe is emerging as the second largest player in the global VNA market with a market share of 27% after North America.

The global picture archiving and communication system market (PACS) is broadly categorized into Departmental PACS and Enterprise PACS with departmental PACS dominating the market with the revenue share of around 90% out of which radiology PACS accounts for the largest share of 63% of the departmental PACS market due to the increasing volumes of diagnostic images in this department. The type of instruments used such as X-ray, Computed Tomography (CT), Magnetic Resonance Imaging (MRI), Nuclear Imaging, Ultrasound and others also forms part of PACS market.

During recent years, the traditional IT companies such as IBM, Dell, Hitachi, and EMC have entered into the global VNA market by bringing in their strengths in storage architecture, and intricate deployment options. With the momentum in VNAs, some PACS companies had acquired or collaborated with VNA companies and are successful in introducing their own VNAs in the global VNA market.

Visit here for more reports: http://www.marketdataforecast.com

Share this post:

Recent Posts

Leave a Comment

5 + 2 =