Hyderabad, India -- (SBWire) -- 02/22/2018 --Vendor neutral archive (VNA) and photo archiving and Communication System (PACS) have seemed as two critical markets in the medical picture control industry. VNAs permit the acquisition, management, and garage of pix even as streamlining the verbal exchange among a couple of supplier percent.
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A range of factors inclusive of the presence of favorable authoritative guidelines for pinnacle markets and the developing demand for standard based storage, catastrophe recovery, and lifecycle management solutions are propelling the growth of the market for VNAs. Consolidation of patient statistics by using integrating VNAs with electronic health facts (EHR) is one of the vital trends witnessed in this marketplace. The predominant factors prescribing the boom of this market are statistics breach incidences, misinterpretation of the VNA concept, and lengthy VNA lifecycles that affect the buying selections of users.
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The consolidated VNA marketplace is marked by extreme competition winning amongst percent carriers, unbiased software vendors, and infrastructure companies. These players adopt various strategies, predominantly partnerships, to beautify their market presence. Partnerships permit the introduction of pleasant-of-breed answers to the market, thereby fulfilling the necessities of healthcare companies for flexible and custom designed solutions.
The Asia Pacific with a greater potential of market scope is predicted to grow rapidly during the forecast period. However, North America is the market leader for Global Vendor Neutral Archive (VNA) and Picture Archiving & Communications System (PACS).
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The key market players In tissue diagnostic market are Cuo Technologies (U.S.), which leads the global VNA market, followed by Agfa HealthCare (Belgium), Carestream Health (U.S.), Dell, Inc. (U.S.), BridgeHead Software (U.K.), Fujifilm Corporation (Japan), Merge Health (U.S.), GE Healthcare (U.K.), Philips Healthcare (The Netherlands), Siemens Healthcare (Germany), McKesson Corporation (U.S.), and TeraMedica (U.S.)
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Vendor Neutral Archive (VNA) and Picture Archiving and Communication System (PACS) Is Expected to See a Major Drift in the Upcoming Periods
The Global VNA & PACS market size is estimated at USD 2.91 billion in 2016 and is projected to reach USD 3.86 billion by 2021, at a CAGR of 5.8% during the forecast period from 2016 to 2021.