Meticulous Research® has recently published a comprehensive report titled, ‘North America Medical Image Management Market by Product {PACS [Departmental (Radiology, Mammography, Cardiology), Enterprise], VNA [(On-premises, Hybrid), [Vendor (PACS, Software, Infrastructure)], AICA, Universal Viewer}, End User—Forecast to 2030.’ This report forecasts that the North America Medical Image Management Market will reach $2.3 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030.
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Market Growth Drivers
The growth of the North America medical image management market is fueled by several factors. These include the rising geriatric population, which increases the demand for medical imaging services, and the growing investment in medical imaging technologies. Technological advancements in diagnostic imaging and the rising adoption of healthcare IT and electronic health records (EHR) are also significant drivers. However, the long product lifecycle of vendor-neutral archive (VNA) solutions and budgetary constraints are notable obstacles to market expansion.
Opportunities and Challenges
The market is presented with numerous opportunities due to the integration of PACS and VNA with electronic medical records (EMR), the utilization of big data in healthcare, and the penetration of artificial intelligence in medical imaging. Additionally, the shift towards hybrid and cloud-based imaging solutions and the expansion of telehealth services offer promising growth avenues. Nonetheless, challenges such as data migration issues and a lack of interoperability continue to impede market progress.
