Meticulous Research® has released a new report titled, ‘North America Medical Image Management Market by Product {PACS [Departmental (Radiology, Mammography, Cardiology), Enterprise], VNA [(On-premise, Hybrid), [Vendor (PACS, Software, Infrastructure)], AICA, Universal Viewer}, End User—Forecast to 2030.’ According to this report, the North America Medical Image Management Market is expected to reach $2.3 billion by 2030, growing at a CAGR of 6.0% from 2023 to 2030.

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Drivers of Market Growth

The North America medical image management market is being driven by several key factors. These include the growing elderly population, heightened demand for medical imaging equipment, and substantial investments in imaging technologies. Advancements in diagnostic imaging and increased adoption of healthcare IT and EHR systems also contribute to market growth. Despite these factors, challenges such as the extended product lifecycle of VNA solutions and budget constraints could hinder growth.

Opportunities and Obstacles

The market is set to benefit from the integration of PACS and VNA with EMR systems, the use of big data in healthcare, and the increasing adoption of AI in medical imaging. Hybrid and cloud-based imaging solutions and telehealth services are also promising growth areas. However, issues related to data migration and interoperability remain significant hurdles.

Major Market Players

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

Product Insights

The market is categorized into several products such as PACS and VNA. The PACS segment is anticipated to dominate in 2023 due to its effectiveness in managing medical images from various modalities. PACS is widely used across different departments, including radiology and cardiology, driving its significant market share.

End-User Insights

Hospitals are expected to hold the largest market share in 2023. This is due to the high adoption rates of PACS and VNA solutions in hospital settings, which are increasingly replacing traditional hardcopy image archives. The COVID-19 pandemic has further amplified the need for efficient medical image management solutions.

Geographical Distribution

The North America medical image management market is heavily influenced by the U.S., which is projected to lead the market due to its advanced healthcare infrastructure and technology adoption. The high prevalence of chronic diseases and the presence of major market players further support the market's growth in the U.S.

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