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Global Acuo Vendor Neutral Archive Market – Industry Trends and Forecast to 2029

  • Healthcare IT
  • Upcoming Report
  • Oct 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Acuo Vendor Neutral Archive Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR - 6.2% Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 3297.00 Million
Diagram Market Size (Forecast Year) USD 5335.73 Million
Diagram CAGR 6.2%

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

 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      

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

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)

Countries Covered

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.

Market Players Covered

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.)

Market Opportunities

  • Rising demand for lifecycle management
  • Rise in disaster recovery

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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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The acuo vendor neutral archive market value was USD 3,297. 6 million in 2021.
The acuo vendor neutral archive market is projected to grow at a CAGR of 6.20% during the forecast period of 2022-2029.
The segmented by Delivery Mode, Procurement Model & Types
North America dominates the acuo vendor neutral archive market because of swiftly growing demand for disaster recovery and rising healthcare industry in emerging nations.
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