DUBLIN--(BUSINESS WIRE)--Aug 29, 2018--The "Medical Image Management Market by Product (PACS (Departmental, Radiology, Mammography, Cardiology, Enterprise), VNA (On-premise, Hybrid, Cloud), AICA, Universal Viewer), End User - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global medical image management market is projected to reach USD 4.40 billion in 2023 from USD 3.04 billion in 2018 at a CAGR of 7.7% during the forecast period.

Growth in this market is mainly driven by the technological advancements in diagnostic imaging modalities and image management software, growing investments in the medical imaging market, government initiatives to encourage EMR adoption, increasing usage of imaging equipment, growing adoption of image management systems by small hospitals and imaging centers, and rapidly growing big data in healthcare.

On the other hand, high implementation and maintenance costs, budgetary constraints and the longer product lifecycle of VNA are expected to limit market growth during the forecast period.

By procurement model, the PACS market is segmented into departmental PACS and enterprise PACS. The enterprise PACS segment is expected to register the higher CAGR during the forecast period.

The positive growth of this segment is attributed to its ability to improve interoperability by allowing integration of results across different hospital departments, enabling seamless access to all patient information at a single point of interaction.

On the basis of delivery model, the VNA market is segmented into on-premise VNA, hybrid VNA, and fully cloud-based VNA. In 2018, the VNA market was dominated by the on-premise VNA segment.

However, the hybrid VNA segment is expected to grow at a higher rate during the forecast period. Hybrid VNA enables significant cost reduction and provides a central location for storing data from multiple sites, thus allowing enhanced opportunities for collaboration, data exchange, and disaster recovery.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Medical Image Management Market, By Product

7 Medical Image Management Market, By End User

8 Medical Image Management Market, By Region

9 Competitive Landscape

10 Company Profiles

AGFA-Gevaert Group (AGFA) Bridgehead Software Carestream Health, Inc. (A Subsidiary of Onex Corporation) Fujifilm Holdings Corporation GE Healthcare (A General Electric Company) Infinitt Healthcare Co, Ltd. Mach7 Technologies, Ltd. Mckesson Corporation Merge Healthcare Incorporated (Acquired By IBM Corporation) Novarad Corporation Philips Healthcare (A Subsidiary of Royal Philips Electronics) Sectra AB Siemens Healthineers (A Division of Siemens AG)

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Related Topics:Medical Imaging

KEYWORD:

INDUSTRY KEYWORD: HEALTH RADIOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/29/2018 10:58 AM/DISC: 08/29/2018 10:58 AM

http://www.businesswire.com/news/home/20180829005505/en