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Medical Image Management Market

Medical Image Management Market Size, Share & Segment By Product type (Application-Independent Clinical Archives, Picture Archiving and Communication System, Enterprise Viewers/Universal Viewers, Vendor Neutral Archive (VNA)), By End-User (Diagnostic Imaging Centers, Hospitals, Others), by Regions and Global Forecast 2022-2028

Report Id: SNS/HC/2375 | July 2022 | Region: Global | 131 Pages

Medical Image Management Market Size was valued at USD 3.87 billion in 2021, and is expected to reach USD 6.60 billion by 2028, and grow at a CAGR of 7.9% over the forecast period 2022-2028.

Medical Image Management Market

Medical image management is defined as the process of managing medical images through an image management system that integrates a number of information systems, enabling doctors to perform early illness detection and create appropriate treatment plans. This system's integration of a number of information technologies aids in the management and storage of patient and imaging data. It can be used in medical facilities including hospitals and diagnostic imaging institutes. A totally safe, reliable solution for radiology, imaging archiving, report dictation, research and report storage is offered by Medical Imaging Management (PAC-Picture Archiving and Communications System).

 

MARKET DYNAMICS

DRIVERS

  • Modern Diagnostic Imaging Modalities and Image Management Techniques

  • The market for medical imaging is seeing increasing investment

  • Initiatives by the Government to Promote the Adoption of EMR

  • Age-Related Imaging Volumes are Growing Quickly

  • The expanding use of imaging technology

  • The Use of VNA is Growing

  • A Growing Number of Small Hospitals and Imaging Facilities Are Using Image Management Systems

  • Big Data Market Expands Quickly

 

RESTRAINTS

  • Extended VNA Product Lifecycle

  • Finances Limited

 

OPPORTUNITIES

  • Includes EMR and ECM in PACS / VNA Integration

  • PACS and VNA Integration Using Artificial Intelligence-Based Technologies

  • Blockchain in Healthcare Imaging

  • Cloud-Based Solutions Provide High Growth Opportunities

  • New Emerging Markets

  • The integration of the healthcare industry is growing

  • Growing Opportunities for Acquisition in a variety of skills

 

CHALLENGES

  • Sales of VNAs and PACS depend on the acquisition of large equipment.

  • Usability and user interface

  • Solutions for VNA Post-Implementation Issues

 

IMPACT OF COVID-19

By reducing production, reducing demand, requiring layoffs, etc., a global epidemic or Covid 19 have had a significant impact on each market and slowed market growth in each industry. Due to social isolation and closure restrictions imposed on various countries, people were only allowed to visit their doctors and other health care providers in emergencies, which ultimately reduced the need for software and medical imaging management programs. This is one of the most obvious consequences of COVID 19 in the medical imaging market.

 

However, as soon as the limits are removed and the lid is removed, the market is predicted to grow and achieve positive growth. This is because people suffer from covid fatigue and suffer from mental health problems and other health-related problems, and as a result, the demand for medical imaging systems is expected to grow.

 

By Product type

PACS, VNAs, AICA, and business / international viewers are just a few segments of the medical imaging market. A higher market share is expected to go to the PACS category. Adoption of PACS in new areas of imaging such as endoscopy, ophthalmology, mammography, and oncology, as well as the growing acceptance of PACS by small hospitals and psychiatric institutions, as well as government programs that promote the adoption of Healthcare IT, are factors that drive growth of the PACS component.

The PACS market is divided into three categories: radiology, cardiology, and other departmental PACS. These departmental PACS include specialized PACS solutions such as ophthalmology, pathology, oncology, radiation, endoscopy, and dentists. PACS Radiology holds a huge market share as a number of photographic studies are managed, managed, and archived in the hospital's radiology department.

 

By End-User

Hospitals, imaging diagnostic facilities, and other end users The greatest market share for medical image management is anticipated to belong to the hospitals sector. The substantial market position held by hospitals is largely attributable to factors such as the growing patient population, increased public awareness of the advantages of early disease detection, increasing digitalization of patient data, and the quick development in EMR implementation.

 

COMPETITIVE LANDSCAPE

Some f the major key players are as follow: Agfa-Gevaert Group, Carestream Health, E. Healthcare, Fujifilm Holding Corporation, Esaote SpA, IBM Watson Health, Koninklijke Philips N.V., Siemens Healthineers AG, Novarad, Sectra AB, McKesson Corporation.

 

MARKET SEGMENTS:

By Product type

  • Application-Independent Clinical Archives

  • Picture Archiving and Communication System

  • Enterprise Viewers/Universal Viewers

  • Vendor Neutral Archive (VNA)

 

By End-User

  • Diagnostic Imaging Centers

  • Hospitals

  • Others

Medical Image Management Market

REGIONAL ANALYSIS

North America, then Europe, are the market's two biggest players. The vast number of imaging centers in the region, ongoing research efforts, and the quick uptake of technologically cutting-edge imaging equipment are just a few of the elements that contribute to North America's market supremacy. Other factors influencing the use of medical image management in this region include government pushes toward digitization, rising EHR/EMR adoption, and growing use of data storage & exchange solutions.

 

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Medical Image Management Market Report Scope
Report Attributes Details
Market Size in 2021 US$ 3.87 Billion
Market Size by 2028 US$ 6.60 Billion
CAGR CAGR of 7.9% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product type (Application-Independent Clinical Archives, Picture Archiving and Communication System, Enterprise Viewers/Universal Viewers, Vendor Neutral Archive (VNA))
• By End-User (Diagnostic Imaging Centers, Hospitals, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Agfa-Gevaert Group, Carestream Health, E. Healthcare, Fujifilm Holding Corporation, Esaote SpA, IBM Watson Health, Koninklijke Philips N.V., Siemens Healthineers AG, Novarad, Sectra AB, McKesson Corporation.
DRIVERS • Modern Diagnostic Imaging Modalities and Image Management Techniques
• The market for medical imaging is seeing increasing investment
• Initiatives by the Government to Promote the Adoption of EMR
RESTRAINTS • Extended VNA Product Lifecycle
• Finances Limited


Frequently Asked Questions (FAQ) :

North America, then Europe, are the market's two biggest players.

Application-Independent Clinical Archives, Picture Archiving and Communication System, Enterprise Viewers/Universal Viewers, and Vendor Neutral Archive (VNA) are the sub segments of Medical Image Management market.

Key drivers of the Medical Image Management Market is the market for medical imaging is seeing increasing investment, Initiatives by the Government to Promote the Adoption of EMR, and Age-Related Imaging Volumes are Growing Quickly. 

Medical image management is defined as the process of managing medical images through an image management system that integrates a number of information systems, enabling doctors to perform early illness detection and create appropriate treatment plans.

 Medical Image Management Market Size was valued at USD 3.87 billion in 2021, and expected to reach USD 6.60 billion by 2028, and grow at a CAGR of 7.9% over the forecast period 2022-2028. 


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine ware

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. Medical Image Management Market Segmentation, By Product type

8.1 Application-Independent Clinical Archives

8.2 Picture Archiving and Communication System

8.3 Enterprise Viewers/Universal Viewers

8.4 Vendor Neutral Archive (VNA)

 

9. Medical Image Management Market Segmentation, By End-User

9.1 Diagnostic Imaging Centers

9.2 Hospitals

9.3 Others

 

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

 

11.Company Profiles

11.1 Agfa-Gevaert Group

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 Carestream Health

11.3 E. Healthcare

11.4 Fujifilm Holding Corporation

11.5 Esaote SpA

11.6 IBM Watson Health

11.7 Koninklijke Philips N.V.

11.8 Siemens Healthineers AG

11.9 Novarad

11.10 Sectra AB

 

12.Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

 

13.Conclusion

 

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Secondary Research

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