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

The Medical Image Management Market is projected to reach $7.22 billion by 2030, at a CAGR of 7.6% from 2023 to 2030. 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.

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.

In 2023, the PACS Segment is Expected to Dominate the Medical Image Management Market

Based on product, in 2023, 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.

In 2023,

the Hospitals Segment is Expected to Dominate the Medical Image Management Market

Based on end user, in 2023, 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.

Asia-Pacific: Fastest-growing Regional Market

Based on geography, Asia-Pacific is projected to register the highest CAGR during the forecast period. The 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.

The key players profiled in the medical image management market study 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.).

Scope of the Report:

Medical Image Management Market, by Product

• Picture Archive Communication System (PACS)
  • PACS Market, by Type
    • Departmental PACS
      • Radiology PACS
      • Cardiology PACS
      • Mammography PACS
        • Traditional Mammography PACS
        • Vendor Neutral Mammography PACS
      • Other Departmental PACS
    • Enterprise PACS
  • PACS Market, by Delivery Model
    • On-premise PACS
    • Web/Cloud-based PACS
• 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 Viewers
  (Note: Other departmental PACS include pathology, dental, ophthalmology, and orthopedics PACS.)

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)

Medical Image Management Market, by Geography

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe (RoE)
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • Rest of Asia-Pacific (RoAPAC)
• Latin America
• Middle East & Africa

Key questions answered in the report: