The Europe Medical Image Management Market is projected to reach $2.01 billion by 2030, at a CAGR of 6.9% from 2024 to 2030. Medical image management solutions are primarily used in healthcare organizations to store medical image data in large amounts and to further digitally transmit this imaging data within the healthcare facilities as required. These solutions include Picture Archiving and Communication Systems (PACS), Vendor Neutral Archives (VNA), Application Independent Clinical Archives (AICA), and enterprise viewers/universal viewers. They are used to replace physical archiving by storing all medical image datasets digitally in an organized manner. It also allows the integration of medical image data with patient data in other records, such as electronic health records, health information systems, and radiology information systems (RIS).
The Europe medical image management market is growing due to the rising investments in medical imaging technologies, growing healthcare IT & EHR adoption, increasing demand for medical image management, and technical advancements in diagnostic imaging modalities. Furthermore, the penetration of artificial intelligence in medical imaging, the growing telehealth market in European countries, and rapidly increasing big data in the healthcare sector are expected to offer immense growth opportunities for market expansion. However, budgetary constraints and a shortage of skilled radiologists are expected to restrain the growth of this market to some extent. In addition, stringent regulatory policies are the major challenge to the market’s growth.
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Technical Advancements in Diagnostic Imaging Modalities is Driving the Europe Medical Image Management Market
Diagnostic imaging has transformed patient care and the practice of medicine by improving diagnosis & treatment. It also helps patients avoid unnecessary procedures. These benefits have boosted the demand for medical imaging services in European countries. Earlier, imaging was considered a tool for disease diagnosis; however, with technological innovations, it is now used to treat, manage, and predict illnesses. Medical imaging has become essential in the diagnosis & treatment of almost all major medical conditions, such as cancer, cardiovascular disease, trauma, and neurological conditions. Technological advancements in modalities, including MRI, PET, CT, and ultrasound, have helped transform modern healthcare. Applying 3D and 4D technologies in radiology can help capture better images for improved diagnoses. Moreover, automation, reproducibility, and portability continue to be major trends driving the use of ultrasound equipment.
Some of the key technological innovations in medical imaging are as follows:
- Digital Breast Tomosynthesis (DBT) or 3D mammography has become the new standard in breast imaging due to dramatic improvements in lesion visibility and early cancer detection.
- The evolution of Digital Radiography (DR) or X-ray has increasingly moved the modality into the mobile space. Healthcare providers can conduct imaging exams anywhere by placing digital X-ray equipment onto a mobile cart-based system.
- Enhancements in traditional ultrasound, including contrast imaging, volume imaging, and elastography, allow physicians to image blood perfusion & flow, view real-time 3D images of structures, and differentiate malignant tumors.
Further, advanced imaging modalities have had a significant impact on storage capacity requirements. As the actual imaging process progresses using advanced imaging modalities, there is a parallel and equally significant improvement in the handling of medical images and associated workflows. Such advancements in diagnostic imaging modalities are expected to propel the demand for medical image management solutions in Europe, such as PACS and VNA.
Growing Healthcare IT and EHR Adoption is Driving the Europe Medical Image Management Market
The healthcare IT industry has expanded at an unprecedented rate in the last few years. Many companies are showing robust growth, and the sector has attracted a considerable inflow of private and public investments. In 2022, the total funding among European digital health start-ups raised approximately USD 5.12 billion (EUR 4.86 billion), including USD 1.79 billion (EUR 1.7 billion) in France, which was nearly three times more than USD 682 million (EUR 577 million) invested in 2021.
Besides funding, various initiatives are also being launched to improve patients’ access to healthcare IT and EHR. For instance:
- In Italy, the Strategy for Digital Growth and Triennial Plan for Public Administration Informatics 2019–2021 was created to guide the digitalization of the public health system. This Triennial Plan includes initiatives to promote EMRs, e-prescriptions, and telemedicine across regions.
- In France, Ma Santé 2022 focuses on three goals: (1) Patient-centered and quality-oriented care, (2) collaborations between care providers for efficient distribution of care, and (3) the digital evolution of the sector and the jobs. This new health policy plan's total budget is EUR 3.24 billion, of which 500 million is allocated to the digital transition.
- Belgium adopted a new e-Healthplan for the period 2019–2021. The country continues to implement various eHealth projects while simultaneously developing new digital tools targeting care providers and patients.
The lack of access to imaging data in EMRs often leads to repeated diagnostic imaging, exposing patients to unnecessary doses of radiation, increasing patient care costs & extending treatment times, and sometimes even delaying referral processes. PACS and VNA allow clinicians to remotely access images, interface with EHRs, and enhance images to improve treatment decisions. Thus, increasing EHR adoption, improving healthcare IT infrastructure, and the shift toward collaborative care are expected to boost the demand for medical image management solutions, such as PACS and VNA, driving the growth of this market.
Key Findings in the Europe Medical Image Management Market Study:
In 2024, the Picture Archive Communication System (PACS) Segment is Expected to Account for the Largest Share of the Market
Among the product types, in 2024, the PACS segment is expected to account for the largest share of the market. PACS helps quickly access images and rapidly retrieve images acquired from multiple modalities. This solution is majorly required in the radiology department due to the large amount of imaging data generated and stored, which further contributed to the growth of the market.
In 2024, the Hospitals Segment is Expected to Account for the Largest Share of the Market
Among all the end users, in 2024, the hospitals segment is expected to account for the largest share of the market. The large market share of this segment is attributed to the increased hospital admissions, the rising prevalence of diseases and their diagnosis, and the investments made for advanced healthcare infrastructure.
Germany: Largest Share of the Europe Medical Image Management Market
Germany is expected to account for the largest share of the Europe medical image management market. The growth in this market is attributed to the country's world-class health infrastructure & resources, the high utilization rate of various health services, the rising number of chronic diseases, and the increasing demand for transparency around clinical quality and patient outcomes.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by major market players in the last 3-4 years. The key players profiled in the Europe medical image management market report 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 Technologies, Inc. (U.S.), Mach7 Technologies (U.S.), BridgeHead Software Ltd. (U.K.), FUJIFILM Holdings Corporation (Japan), Sectra AB (Sweden), Change Healthcare Inc. (U.S.), and Merative (U.S.).
Scope of the Report:
Europe Medical Image Management Market, by Product
- Picture Archive Communication Systems (PACS)
- PACS Market, by Type
- Departmental PACS
- Radiology PACS
- Cardiology PACS
- Mammography PACS
- Traditional Mammography PACS
- Vendor Neutral Mammography PACS
- Departmental PACS
- Enterprise PACS
- PACS Market, by Delivery Model
- On-premise PACS
- Web/Cloud-based PACS
- PACS Market, by Delivery Model
- Vendor Neutral Archive (VNA)
- VNA Market, by Delivery Model
- On-premise VNA
- Hybrid VNA
- Web/Cloud-based VNA
- VNA Market, by Procurement Model
- Enterprise VNA
- Multi-departmental VNA
- Multi-site VNA
- Departmental VNA
- VNA Market, by Vendor Type
- PACS Vendors
- Independent Software Vendors
- Infrastructure Vendors
- Application-independent Clinical Archives
- AICA Market, by Vendor Type
- VNA Vendors
- Native AICA Vendors
- Enterprise/Universal Viewer
Europe Medical Image Management Market, by End User
- Hospitals
- Diagnostic Imaging Centers
- Other End Users
(Note: Other end users include ambulatory surgical clinics, universities/education centers, government & non-government organizations, and academic research institutes)
Europe Medical Image Management Market, by Country
- Germany
- France
- U.K.
- Italy
- Spain
- Russia
- Switzerland
- The Netherlands
- Belgium
- Turkey
- Rest of Europe (RoE)
Key questions answered in the report:
