Market Overview
Global VNA & PACS market size valued at USD 3.26 Billion in the year 2018 and it is expected to reach USD 4.3 Billion by 2023 with 5.8% CAGR. Vendor Neutral Archive is supposed to offer a better control and secure sharing of data. Where Picture Archiving and Communication Systems allows healthcare organizations to capture, store, retrieve, transmit and manage medical images.
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Factors affecting market growth:
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Market Segmentation
The Global VNA & PACS market is geographically segmented into
North America leads the market with the largest consumer base in the world followed by Europe and Asia. The Asia Pacific market, which consists of fast-developing economies, has remained largely untapped. However, this market is expanding steadily and is witnessing rapid growth at present, owing to the increasing adoption of information technology. Developing countries have a huge patient base and thus the necessity for the VNA and PACS technologies is more in this market.
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