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Redding, California - January 10, 2023

Medical Image Management Market Worth $7.22 billion by 2030

Medical Image Management Market by Product {PACS [Departmental (Radiology, Cardiology), Enterprise], VNA [(On-Premise, Hybrid, Cloud), (Independent, PACS Vendor)], AICA, Universal Viewer}, End User (Hospital, Diagnostic Center) - Global Forecast to 2030


Meticulous Research®—a leading market research company, published a research report titled, Medical Image Management Market by Product {PACS [Departmental (Radiology, Cardiology), Enterprise], VNA [(On-Premise, Hybrid, Cloud), (Independent, PACS Vendor)], AICA, Universal Viewer}, End User (Hospital, Diagnostic Center) - Global Forecast to 2030.’

According to this latest publication from Meticulous Research®, the medical image management market is projected to reach $7.22 billion by 2030, at a CAGR of 7.6% during the forecast period 2023–2030. The rising global geriatric population, growing demand for medical imaging equipment, increasing investments in medical imaging technologies, technological advancements in diagnostic imaging modalities, and growing healthcare IT and EHR adoption are the factors driving the growth of this market.

Additionally, integration of PACS & VNA with EMR, untapped markets in emerging economies, penetration of artificial intelligence in medical imaging, rising adoption of hybrid & cloud-based medical imaging solutions, growing telehealth market, and rapidly increasing big data in the healthcare sector are expected to offer significant growth opportunities for players in the medical image management market.

The global medical image management market is segmented by Product (Picture Archive Communication System (PACS), Vendor Neutral Archive (VNA), Application-independent Clinical Archives (AICA), Enterprise/Universal Viewers), End User (Hospitals, Diagnostic Imaging Centers, Other End Users), and Geography. The study also evaluates industry competitors and analyzes the markets at the regional and country levels.

Based on product, the medical image management market is segmented into Picture Archive Communication System (PACS), Vendor Neutral Archive (VNA), Application-independent Clinical Archives (AICA), and Enterprise/Universal Viewers. In 2023, the PACS segment is expected to account for the largest share of the medical image management market. Based on the type, the PACS segment is further segmented into departmental PACS and enterprise PACS. The departmental PACS subsegment is expected to account for the largest share in 2023. Departmental PACS is the most traditional form of PACS adopted by hospitals and diagnostic centers to reduce the physical and time barriers associated with traditional film-based image retrieval, distribution, and display.

Based on end user, the medical image management market is segmented into hospitals, diagnostic imaging centers, and other end users. In 2023, the hospitals segment is expected to account for the largest share of the medical image management market. The proliferation of hospitals and the increasing partnerships between medical image management solutions providers and hospitals support the segment's large market share. This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, and RoAPAC), Latin America and the Middle East & Africa. In 2023, North America is expected to dominate the medical image management market, followed by Europe and Asia-Pacific. The well-established healthcare system in the region, high adoption of advanced technologies, high prevalence of chronic diseases, and presence of major players contribute to the large share in this market.

Key Players

The key players operating in the medical image management market are Novarad Corporation (U.S.), Koninklijke Philips N.V. (Netherlands), INFINITT Healthcare Co., Ltd. (South Korea), Siemens Healthineers AG (Germany), Hyland Software, Inc. (U.S.), Agfa-Gevaert NV (Belgium), GE Healthcare (U.S.), Mach7 Technologies (U.S.), BridgeHead Software Ltd. (U.K.), FUJIFILM Holdings Corporation (Japan), Merative (U.S.), Sectra AB (Sweden), and Change Healthcare Inc. (U.S.).

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Key questions answered in the report-

  • Which are the high-growth market segments in terms of product, end user, and geography?
  • What was the historical market for medical image management across the globe?
  • What are the market forecasts and estimates for the period 2023–2030?
  • What are the major drivers, restraints, opportunities, and challenges in the medical image management market?
  • Who are the major players in the medical image management market?
  • What is the competitive landscape, and who are the market leaders in the medical image management market?
  • What are the recent developments in the medical image management market?

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