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Vendor Neutral Archive & Picture Archiving and Communication System (PACS) Market worth $3.48 Billion by 2018

2018"The global VNA market is estimated at $165.3 million in 2013 and is poised to reach $335.4 million by 2018, at a CAGR of 15.2%.<br>

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Vendor Neutral Archive & Picture Archiving and Communication System (PACS) Market worth $3.48 Billion by 2018

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  1. Vendor Neutral Archive & Picture Archiving and Vendor Neutral Archive & Picture Archiving and Communication System (PACS) Market worth Communication System (PACS) Market worth $3.48 Billion by 2018 $3.48 Billion by 2018

  2. The "Vendor Neutral Archive Market & PACS Market - VNA [On-premise Software, Hybrid & Cloud, Multi-Department & Multi-Site VNA] & Picture Archiving and Communication System [Enterprise, Cardiology & Radiology] - Global Forecast to 2018"The global VNA market is estimated at $165.3 million in 2013 and is poised to reach $335.4 million by 2018, at a CAGR of 15.2%. Browse 54 market data tables and 48 figures spread through 215 pages and in-depth TOC on Vendor Neutral Archive Market & PACS Market “ http://www.marketsandmarkets.com/Market-Reports/vendor-neutral-archive-VNA- PACS-market-1255.html Early buyers will receive 10% customization on This report. Vendor neutral archives are platforms aimed at empowering healthcare organizations to control, manage, store, and consolidate imaging data by streamlining the imaging workflow between PACS (Picture Archiving and Communication Systems), EHRs (Electronic Health Records), and data centers.

  3. Along with the global market for VNA, the PACS market is also given to provide a comparative analysis of both the healthcare information systems. The product lifecycles of each of these systems varies to a very large extent. It is believed that the vendor neutral archives market is positioned in a phase (exponential phase) where the PACS market was around 10 to 15 years ago. The PACS market, on the other hand, is a mature market that is typically characterized by the market players trying to invest in product differentiations and looking for new customer groups. Based on the delivery mode, the market is categorized into on-premise VNAs, hybrid VNAs, and fully cloud-hosted VNAs. On-premise VNAs dominate the current market in terms of total revenue contribution due to the high preference of this mode over others. This preference is as a result of better data control and high security provided by on-premise VNA solutions. However, owing to the large capital expenditure involved for on-premise VNAs, hybrid VNA solutions that involve a cloud-based component for storage are now capturing the attention of small and medium-sized healthcare providers.

  4. The advantages of vendor neutral archives over picture archiving and communication system in terms of interoperability, flexibility, and accessibility are propelling the adoption of the VNA technology in the market. Apart from this, favorable and promising government reforms in the healthcare information technology field are also stimulating the market. The Sample Report For This Report@ http://www.marketsandmarkets.com/requestsample.asp?id=1255 The major hindrances to the growth of the market are rising incidences of data breaches, complexity of the VNA concept, lack of a proper industry-accepted definition of VNAs, and long VNA lifecycles (that impacts VNA deployment decisions). With this, the market is all set to witness trends such as integration of VNAs with EHRs, employment of cloud computing solutions for VNA products, and a holistic approach for delivering enhanced patient care.

  5. North America is the largest contributor to this market and is valued at $140.3 million in 2013. Through acts such as HITECH (Healthcare Insurance Portability and Accountability) and ACA (Affordable Care), the U.S. market is expected to witness growing adoptions of EHRs and VNAs and hospital consolidations. The European market is poised to grow at a high double-digit CAGR of 16.6%, with the biggest market being U.K. owing to the presence of huge NHS trusts that purchase VNAs on a very large scale. Australia, China, and Japan are the next promising regions for embracement of this technology due to the government-supported nation-wide healthcare reforms taking place in these regions. Get The PDF Brochure For This Report@ http://www.marketsandmarkets.com/pdfdownload.asp?id=1255 Key companies in this market include Acuo Technologies (U.S.), Agfa HealthCare (Belgium), BridgeHead Software (U.K.), Carestream Health (U.S.), Dell, Inc. (U.S.), GE Healthcare (U.K.), Fujifilm Corporation (Japan), Merge Health (U.S.), McKesson Corporation (U.S.), Philips Healthcare (The Netherlands), Siemens Healthcare (Germany), and TeraMedica (U.S.).

  6. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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