According to Meticulous Research®, the North America medical image management market is poised to achieve $2.3 billion by 2030, growing at a 6% CAGR from 2024 to 2030. The market’s expansion is fueled by the increasing elderly population, heightened demand for sophisticated imaging equipment, and substantial investments in imaging technologies. Technological advancements in diagnostic imaging and rising adoption of healthcare IT and EHR systems also play a crucial role.
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Despite this positive outlook, the market faces challenges such as the long lifecycle of vendor-neutral archive solutions and budget limitations. Growth opportunities are emerging from the integration of PACS and VNA with EMR systems, the rise of big data, artificial intelligence in imaging, and the growth of telehealth. However, issues with data migration and lack of interoperability are significant hurdles.
The market is categorized by products like PACS and VNA, each with different delivery and procurement models. In 2024, PACS is expected to dominate due to its utility in various medical departments. The hospitals segment is anticipated to lead as the primary end-user, driven by increased adoption of digital imaging solutions and a surge in medical imaging during the pandemic.