Vendor Neutral Archive (VNA) & PACS Market by Product Type (Department, Multi-department, Multi-Site), Modality (CT, MRI, X-rays, Ultrasound, Mammo, PET), Application (Cardio, Onco, Neuro), End User (Hospital, ASC, Diag center) & Region - Global Forecast

Vendor Neutral Archive (VNA) & PACS Market by Product Type (Department, Multi-department, Multi-Site), Modality (CT, MRI, X-rays, Ultrasound, Mammo, PET), Application (Cardio, Onco, Neuro), End User (Hospital, ASC, Diag center) & Region - Global Forecast to 2029

The global Vendor Neutral Archive ( VNA ) & PACS market is projected to reach USD 7.3 billion by 2029 from USD 4.6 billion in 2024, at a CAGR of 9.5% from 2024 to 2029. The growth of the market is fuelled by rapid digitization of healthcare records and medical imaging data, regulatory compliance requirements, and growing need for data storage and management solutions. However, integration with existing healthcare IT system, data security and privacy concerns poses a significant challenge within this market.

“Vendor Neutral Archive ( VNA ) & PACS, multi-site VNA segment to witness the highest growth during the forecast period.”

Based on product type, the Vendor Neutral Archive ( VNA ) & PACS market is segmented into VNA and PACS. The VNA segment held the largest market share in 2023. The VNA segment encompasses of department VNA, multi-department VNA and multi-site VNA. The multi-site VNA segment to witness the highest growth during forecast period. One major factor contributing to the growth of this segment is the increasing demand for seamless data accessibility and interoperability within healthcare systems. As healthcare organizations strive to streamline their operations and improve patient care, they are increasingly turning VNAs to consolidate medical imaging data from multiple sites and disparate systems into a single, centralized repository. This enables healthcare providers to access patient information efficiently, regardless of location, leading to enhanced diagnostic accuracy and treatment planning. Moreover, the COVID-19 pandemic has accelerated the adoption of telemedicine and remote patient monitoring, further driving the demand for multi-site VNAs. With healthcare providers increasingly relying on remote access to medical imaging data for virtual consultations and remote diagnostics, the need for a centralized, secure, and interoperable storage solution has become more distinct ultimately driving the growth of this segment throughout the forecast period.

“On-premise model held the largest market share in the Vendor Neutral Archive ( VNA ) & PACS Market .”

Based on deployment, the Vendor Neutral Archive ( VNA ) & PACS market is segmented into on-premise and cloud based model. The on-premise mode of deployment held the largest market share in 2023. As the cost structure associated with on-premise solutions are used by several healthcare organizations, especially those with budget constraints or a preference for capital expenditures over operational expenses. Furthermore, the total cost of ownership (TCO) remains a significant consideration for healthcare organizations when choosing between deployment models. While cloud-based VNAs offer advantages such as lower upfront costs and scalability, on-premises deployments can be more cost-effective over the long term, especially for organizations with predictable storage needs and established IT infrastructures. With advancements in storage technologies and more efficient hardware options, on-premises VNAs can deliver high performance and reliability at a lower TCO compared to cloud-based alternatives. However, cloud-based model will grow at the fastest CAGR in the forecast period.

“ Hospital & Clinics segment to register the highest growth in the Vendor Neutral Archive ( VNA ) & PACS market during the forecast period.”

Based on end user, the Vendor Neutral Archive ( VNA ) & PACS solution market is segmented into hospitals and clinics, ambulatory surgical centers, long-term care facilities, nursing centers and other end-users which includes maternity care centers, trauma & emergency care centers. In 2023, the hospital & clinics segment held the largest share among the end users. As these end-user are witnessing a growing volume of medical imaging data generated from various diagnostic modalities such as X-rays, MRIs, CT scans, and ultrasounds. This surge in imaging data is driven by factors such as an aging population, increasing prevalence of chronic diseases, and advancements in medical imaging technology. As hospitals and clinics continue to prioritize efficiency, collaboration, and compliance, VNA and PACS solutions will play a crucial role in transforming healthcare delivery and enhancing patient outcomes.

“APAC is estimated to register the highest CAGR during the forecast period.”

In this report, the Vendor Neutral Archive ( VNA ) & PACS market is segmented segments, namely, North America, Europe, Asia Pacific, Latin America and Middle East and Africa. The Vendor Neutral Archive ( VNA ) & PACS market in APAC is projected to register the highest CAGR rate during the forecast period. The growth of this region is due to rising medical imaging investments, and technological advancements in diagnostic imaging modalities. Moreover, advancements in technology and the growing prevalence of cloud computing are making VNA and PACS more accessible and affordable in APAC region. As healthcare providers in APAC continue to prioritize efficiency, accessibility, and quality of care, VNA and PACS solutions will play a pivotal role in driving healthcare transformation and improving patient outcomes across the region.

Breakdown of supply-side primary interviews, by company type, designation, and region:

By Company Type: Tier 1 (40%), Tier 2 (35%), and Tier 3 (25%)

By Designation: C-level (35%), Director-level (45%), and Others (20%)

By Region: North America (55%), Europe (20%), Asia Pacific (15%), Latin America (5%) and Middle East Africa (5%)

List of Companies Profiled in the Report

Hyland Software, Inc. (US)

Agfa-Gevaert Group. (Belgium)

Intelerad Medical Systems Inc (Canada)

CANON MEDICAL SYSTEMS CORPORATION (Japan)

FUJIFILM Holdings Corporation (Japan)

GE HEALTHCARE TECHNOLOGIES INC. (US),

Merative (US)

Sectra AB (Sweden)

Siemens Healthcare Limited (Germany)

BridgeHead Software Ltd. (UK)

Canopy Partners. (US)

Novarad Corporation.(US)

POSTDICOM (Netherlands)

AdvaHealth Solutions Pte Ltd (Singapore)

CrelioHealth (India)

Medicasoft. (US)

Esaote SPA (Italy)

PaxeraHealth (US)

VISUS Health IT GmbH (Germany)

S (US), Dedalus S.p.A. (Italy)

SoftTeam Solutions Pvt Ltd. (India)

ARO Systems (Australia)

Central Data Networks (Australia)

ONEPACS (US)

Research Coverage

This report studies the Vendor Neutral Archive ( VNA ) & PACS market based on product type, modality, deployment, vendor type, application, end user, and region. The report also analyses factors (such as drivers, opportunities and challenges) affecting market growth. It evaluates the opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micro markets with respect to their growth trends, prospects, and contributions to the total Vendor Neutral Archive ( VNA ) & PACS market. The report forecasts the revenue of the market segments with respect to five major regions.

Reasons to Buy the Report

This report also includes.

Analysis of key drivers (growing volume of medical Imaging data, shift towards value-based care and digital transformation, healthcare IT-specific government regulations), restrains (rising incidences of data breaches, interoperability challenges), challenges (lack of standardization, user adoption and training), opportunities (patient-centric approach to deliver enhanced care to open new avenues for development of VNAs, cloud-based solutions to represent high-growth opportunites) are contributing the growth of the Vendor Neutral Archive ( VNA ) & PACS market.

Product Development/Innovation: Detailed insights on upcoming trends, research & development activities, and new software launches in the Vendor Neutral Archive ( VNA ) & PACS market.

Market Development: Comprehensive information on the lucrative emerging markets, components, application, end-user, and region.

Market Diversification: Exhaustive information about the software portfolios, growing geographies, recent developments, investments in the Vendor Neutral Archive ( VNA ) & PACS market.

Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, company evaluation quadrant, and capabilities of leading players in the global Vendor Neutral Archive ( VNA ) & PACS Market.