China VNA and PACS Market (2018-2023)
China Vendor Neutral Archive (VNA) & Picture Archiving and Communication System (PACS) Market is expected to grow at a CAGR of 14.2% from 2018 to 2023. Market is driven by factors such as favorable healthcare reforms, growing economy and disposable income, rising geriatric imaging volumes, growing adoption
- Published
- Mar 2019
- Pages
- 105
- Format
- PDF + Excel
- Report ID
- MRHC - 104259
Sizing, forecasts and CAGR for the china vna and pacs market are in the full report.
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Key highlights
PACS dominates the market as it has been traditionally adopted in the field of radiology, cardiology and other departments to replace film-based image retrieval, distribution, and display. However, VNA segment is expected to grow at a fastest CAGR during the forecast period.
Departmental PACS market held the largest share of Picture Archiving and Communication System (PACS) market in China. The factors such as increasing pressure to improve care quality, growing efforts to enhance the patient experience and reduce costs, emerging field of telehealth, and growing applications of imaging in other specialties than radiology supports the demand for departmental PACS in the country.
Hospitals were the leading adopters of PACS & VNA in China and commanded the largest share of this market. The largest share and highest CAGR of this segment is primarily attributed to significant number of Chinese citizens being treated in hospitals, growing number of private hospitals, greater budget to implement advanced solutions such as PACS, rising aging population and burden of chronic diseases such as cancer, and growing health IT investments in hospitals. Hospitals are further segmented in0to public hospitals and private hospitals. Public hospitals are further segmented into tier I, tier II, and tier III hospitals. Tier III hospitals commanded the largest share of VNA & PACS market in China, owing to changing economy and increasing middle class population, advanced specialists and equipment, increasing prevalence of cancer, demand of better healthcare services, public trust towards Level III Hospitals, and access to state-of-the-art technology.
Report overview
Segments covered: type, procurement model, delivery model, vendor type, end-user, department, enterprise, delivery mode, vendor, end user.
China Vendor Neutral Archive (VNA) & Picture Archiving and Communication System (PACS) Market is expected to grow at a CAGR of 14.2% from 2018 to 2023. Market is driven by factors such as favorable healthcare reforms, growing economy and disposable income, rising geriatric imaging volumes, growing adoption of advanced medical technologies and health IT, and increasing installation of diagnostic imaging modalities. In addition, penetration of artificial intelligence in medical imaging, rapidly growing field of telehealth, and adoption of advanced modalities especially in Level III hospitals provides significant opportunity for PACS & VNA market growth during the forecast period.
Healthcare system in China has tremendous potential. The rapid technological development along with improving living standard of China’s growing middle and upper classes has resulted in the growing adoption of advanced and hi-tech solutions by the hospitals. In addition, government’s focus also triggers the market growth to some extent. For instance, the domestic healthcare industry has started supporting healthcare AI startups in China, providing them with easier access to healthcare data to train their algorithms, assisted by the relatively flexible regulations. Technological advancements such as big data and artificial intelligence in machine learning are going to lead the medical imaging market in China, thereby bolstering the VNA & PACS market in the coming years.
What companies have recently merged/acquired and how will these unions affect the competitive landscape of the China VNA & PACS Market?
What companies have created partnerships and how will these partnerships promote a competitive advantage?
Who are the major players in the China VNA & PACS Market and what share of the market do they hold?
Who are the local emerging players in the China VNA & PACS Market and how do they compete with the global players?
Report infographic
Table of contents
13 chapters · 114 sections · 105 pages · click to expandSegmental analysis
By Type
- PACS segment account for a relatively large proportion of China VNA & PACS Market
Geographic analysis
Asia-Pacific
The China VNA & PACS Market favors both larger and local players that compete in multiple segments
Competitive landscape
- EBM Technologies Inc.
- Beijing Tianjian Source Technology Co. Ltd.
- Neusoft Corporation
- GE Healthcare
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd
- Carestream
- Anke
- Fujifilm
- INFINITT
- Zhonglian
- Landwind
Cite this report
Meticulous Research. (2019). China VNA and PACS Market - Opportunity Analysis and Industry Forecast (2018-2023) (Report No. MRHC - 104259). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/china-vna-market-and-pacs-market-4960