Medical Image Management Market (2023-2030)
The Medical Image Management Market is projected to reach $7.22 billion by 2030, at a CAGR of 7.6% from 2023 to 2030.
- Published
- Jan 2023
- Pages
- 230
- Format
- PDF + Excel
- Report ID
- MRHC - 10411
- Base year
- 2022
- 2030 · FORECAST
- $7.22B
- 2030
- $7.22B
- CAGR 2023–2030
- 7.6%
2022 baseline · 2023–2030 forecast at 7.6% CAGR · hover a bar for the value
Key highlights
In 2023, the PACS Segment is Expected to Dominate the Medical Image Management Market
In 2023, the Hospitals Segment is Expected to Dominate the Medical Image Management Market
Asia-Pacific: Fastest-growing Regional Market
Report summary
| Particulars | Details |
|---|---|
| Base Year | 2022 |
| Estimated Year | 2023 |
| Forecast Period | 2023–2030 |
| Market Size (2030) | USD 7.22 billion |
| CAGR (2023–2030) | 7.6% |
| Format | PDF, Excel & Cloud Portal · 230 pages |
| Segments Covered | By Product: Cardiology PACS, Mammography PACS Traditional Mammography PACS, Vendor Neutral Mammography PACS, On-premise PACS, Web/Cloud-based PACS, VNA Market, by Delivery Model On-premise VNA, Hybrid VNA, Web/Cloud-based VNA, Enterprise VNA Multi-departmental VNA, Multi-site VNA, PACS Vendors, Independent Software Vendors, Infrastructure Vendors, AICA Market, by Vendor Type VNA Vendors · By End User: Hospitals, Diagnostic Imaging Centers, Other End Users |
| Countries Covered | Europe (RoE), Asia-Pacific (RoAPAC) |
| Key Companies | Novarad Corporation (U.S.), Koninklijke Philips N.V., INFINITT Healthcare Co., Ltd., Siemens Healthineers AG, Hyland Software, Inc. (U.S.), Agfa-Gevaert NV, GE Healthcare (U.S.), Mach7 Technologies (U.S.), BridgeHead Software Ltd. (U.K.), FUJIFILM Holdings Corporation, Merative (U.S.), Sectra AB, Change Healthcare Inc. (U.S.) |
Report overview
Segments covered: product, end user. Regions: Europe, Asia-Pacific.
Medical imaging plays an important role in various medical settings and all the major levels of healthcare. Medical image management solutions allow 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 growth of this market is driven by factors such as 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. However, data migration and interoperability hamper the growth of this market to a notable extent.
Report infographic
Market dynamics
1 factors across 1 forceIntegration of PACS & VNA with EMR Drive Market Growth
With the advancement in imaging modalities and the enhanced role of imaging in patient care management, there is a rapid increase in image volumes in radiology, cardiology, oncology, and other departments. Earlier, medical images were analogical and stored on film; with technological advancements, modern imaging modalities, and image management systems, it is possible to turn traditional film-based radiology into a filmless operation. All medical images today can be initially generated in digital form and stored in PACS. Digital storage results in a significant cost reduction while increasing available space in the facility and improving the overall efficiency of imaging centers.
EMR and PACS can view images using the EMR enterprise PACS/VNA integration. Therefore, companies have developed integrated platforms. For instance, the Infinitt Healthcare Platform (IHP) of INFINITT North America Inc. (U.S.) offers full integration with EMRs for content sharing and display. The platform fully supports various data formats beyond DICOM, managing DICOM and non-DICOM data on an Oracle database. Similarly, Change Healthcare’s (U.S.) Conserus Image Repository integrates with all major PACS, cardiac PACS, and EMR vendors through a standard EMR web API.
Innovation in integration technology has enabled the flexibility to connect this gap with improved interface implementation. Users can now use a standard web browser to access medical imaging studies within the patient's comprehensive medical records/charts. Large health systems have different EMRs and different imaging solutions across many departments. Integrating images and having them in one repository is in high demand. Increasing demand for collaborative and patient-centered care serves as an opportunity for the VNA & PACS medical image management solutions.
Table of contents
11 chapters · 121 sections · 230 pages · click to expandSegmental analysis
| Segment | Largest share (2023) | Fastest growth (2023–2030) |
|---|---|---|
| By Product | PACS | — |
| By End User | Hospitals | — |
By Product
- The PACS segment is expected to account for the largest share of the medical image management market.
- PACS helps in quick access to images and rapid retrieval of images acquired from multiple modalities.
- This solution is majorly required in radiology departments due to the large amount of imaging data generated and stored, driving its demand.
By End User
- The hospitals segment is expected to account for the largest share of the medical image management market.
- Factors supporting the large market share of this segment are the increased hospital admissions, high prevalence of diseases and their diagnosis, and the investments made for advanced healthcare infrastructure.
Geographic analysis
Asia-Pacific
Fastest growthThe growth of this regional market is driven by the rising investment in the healthcare sector, improving healthcare infrastructure, and increasing adoption of medical imaging devices, AI, and telehealth services. Economic development across Asia has massively increased access to healthcare and improved healthcare infrastructure. Furthermore, the region’s healthcare sector is expected to shift dramatically in the next five years. Asia-Pacific: Fastest-growing Regional Market
Competitive landscape
- 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
- Change Healthcare Inc. (U.S.)
Frequently asked questions
The medical image management market study covers the market sizes & forecasts for various medical image management solutions used in healthcare facilities. The report involves the value analysis of various segments and sub-segments of the medical image management market at the regional and country levels.
Cite this report
Meticulous Research. (2023). Medical Image Management Market - Global Opportunity Analysis and Industry Forecast (2023-2030) (Report No. MRHC - 10411). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/medical-image-management-market-4761