Global Acuo Vendor Neutral Archive Market, By Delivery Mode (On-Premise Vendor Neutral Archive, Hybrid Vendor Neutral Archive, Fully Cloud-Hosted Vendor Neutral Archive), Procurement Model (Departmental Vendor Neutral Archive, Multi-Departmental Vendor Neutral Archive, Multi-Site Vendor Neutral Archive), Type (PACS Vendors, Independent Software Vendors, Infrastructure Vendors) – Industry Trends and Forecast to 2029.
Acuo Vendor Neutral Archive Market Analysis and Size
On-premise vendor neutral archive is dominating the market. It has the largest share among other delivery mode. Rising adoption of imaging models and imaging data among different fields such as radiology, endoscopy, and cardiology will contribute major share in the growth of acuo vendor neutral archive market during the forecast period of 2022 to 2029.
Data Bridge Market Research analyses that the acuo vendor neutral archive market which was USD 3,297. 6 million in 2021, would rocket up to USD 5335.73 million by 2029, and is expected to undergo a CAGR of 6.20% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Acuo Vendor Neutral Archive Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Delivery Mode (On-Premise Vendor Neutral Archive, Hybrid Vendor Neutral Archive, Fully Cloud-Hosted Vendor Neutral Archive), Procurement Model (Departmental Vendor Neutral Archive, Multi-Departmental Vendor Neutral Archive, Multi-Site Vendor Neutral Archive), Type (PACS Vendors, Independent Software Vendors, Infrastructure Vendors)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Acuo Technologies (U.S.), Agfa-Gevaert Group (Belgium), BridgeHead Software Ltd. (U.K.), Carestream Health (U.S.), Dell, Inc. (U.S.), General Electric (U.S.), Fujifilm Corporation (Japan), Merge Health (U.S.), McKesson Corporation (U.S.), Koninklijke Philips N.V. (Netherlands), Siemens (Germany), and TeraMedica (U.S.)
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Market Opportunities
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Market Definition
The acuo vendor neutral archive (VNA) is a medical imaging technology created to store clinically relevant files and medical images in a standard format using a standard interface for authorized healthcare professionals.
Global Acuo Vendor Neutral Archive Market Dynamics
Drivers
- Increasing demand of industries
Acuo vendor neutral archive market growth is anticipated to accelerate from 2022 to 2029 due to rising demand for lifecycle management, disaster recovery, standard-based storage solutions, declining data migration prices, and expanding industrial sector.
- Advancement in healthcare IT
Vendor neutral archives provide advantages over PACS in terms of interoperability, flexibility, and accessibility, driving the VNA technology's market adoption. In addition, the market is being stimulated by positive and promising government initiatives in the area of healthcare IT.
- Rising demand for the widespread adoption of medical image archiving
Some key factors anticipated to propel the market under study include rising demand for the widespread adoption of medical image archiving, falling data storage costs, and high-level integration with the EHR sector. Additionally, the demand for medical archiving has grown as a result of the widespread demand for the digitization of healthcare systems.
Opportunities
- Technological Innovations
In addition, the segment is expanding due to the innovation, new launches, and ongoing efforts of the leading players. For instance, in February ScImage, Inc., a top cloud-based enterprise imaging and reporting solutions provider, introduced its PICOM365 enterprise imaging process. The Microsoft Azure Cloud powers PICOM365, which offers all the features of on-premises PACS software solutions.
Restraints/Challenges
- Rising data breach rates
Increasing cases of data breach and misinterpretation is expected to slow down the market growth and the lifecycles of vendor neutral archive are time consuming which restraint the market growth during the forecast period of 2022 to 2029.
This acuo vendor neutral archive market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the acuo vendor neutral archive market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Acuo Vendor Neutral Archive Market
The market under study was significantly impacted by Covid-19. During the epidemic, there has been an increase in Covid-19 patients and a surge in need for tests in diagnostic centers, hospitals, and mobile clinics. During the pandemic phase acuo vendor neutral archive market allows image acquisition, management, and also streamlining communication between different vendors. The cloud based workstations enable radiologists and physicians to access diagnoses, reports and images through cloud based system. During the period of social distancing this system become a valuable resource for patients to reach out to physicians. As a result acuo vendor neutral archive market has positive growth during the covid-19 pandemic.
Recent Development
- In April 2022, Canada's North York General Hospital (NYGH) and Sectra agreed to a contract. NYGH will examine and store images using Sectra's enterprise imaging solution's vendor-neutral archive (VNA), radiology, and breast imaging modules. By doing more with less work for employees, NYGH will be able to improve patient care by boosting the efficiency of radiological readings and streamlining present procedures.
Global Acuo Vendor Neutral Archive Market Scope
The acuo vendor neutral archive market is segmented on the basis of delivery mode, type and procurement model. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Delivery Mode
- On-Premise VNA
- Hybrid VNA
- Fully Cloud-Hosted VNA
Procurement model
- Departmental VNA
- Multi-Departmental VNA
- Multi-Site VNA
Type
- PACS Vendors
- Independent Software Vendors
- Infrastructure Vendors
Acuo Vendor Neutral Archive Market Regional Analysis/Insights
The acuo vendor neutral archive market is analysed and market size insights and trends are provided by country, delivery mode, type and procurement model as referenced above.
The countries covered in the acuo vendor neutral archive market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the acuo vendor neutral archive market because of swiftly growing demand for disaster recovery and rising healthcare industry in emerging nations.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to change in the healthcare IT policies.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Acuo Vendor Neutral Archive Market Share Analysis
The acuo vendor neutral archive market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to acuo vendor neutral archive market.
Some of the major players operating in the acuo vendor neutral archive market are:
- Acuo Technologies (U.S.)
- Agfa-Gevaert Group (Belgium)
- BridgeHead Software Ltd. (U.K.)
- Carestream Health (U.S.)
- Dell, Inc. (U.S.)
- General Electric (U.S.)
- Fujifilm Corporation (Japan)
- Merge Health (U.S.)
- McKesson Corporation (U.S.)
- Koninklijke Philips N.V. (Netherlands)
- Siemens (Germany)
- TeraMedica (U.S.)
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