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Vendor Neutral Archive & Picture Archiving and Communication System Market - Global Forecasts to 2018
Date:1/3/2014

DUBLIN, January 3, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/rsrb9v/vendor_neutral) has announced the addition of the "Vendor Neutral Archive & Picture Archiving and Communication System Market - Global Forecasts to 2018" report to their offering.

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Vendor neutral archives are platforms aimed at empowering healthcare organizations to control, manage, store, and consolidate imaging data by streamlining the imaging workflow between PACS (Picture Archiving and Communication Systems), EHRs (Electronic Health Records), and data centers. The global market is estimated to be valued at $165.3 million in 2013 and is expected to reach $335.4 million by 2018, at a healthy CAGR of 15.2%.

Along with the global market for VNA, the PACS market is also given to provide a comparative analysis of both the healthcare information systems. The product lifecycles of each of these systems varies to a very large extent. It is believed that the vendor neutral archives market is positioned in a phase (exponential phase) where the PACS market was around 10 to 15 years ago. The PACS market, on the other hand, is a mature market that is typically characterized by the market players trying to invest in product differentiations and looking for new customer groups.

Based on the delivery mode of VNAs, the market is categorized into on-premise VNAs, hybrid VNAs, and fully cloud-hosted VNAs. On-premise VNAs dominate the current market in terms of total revenue contribution due to the high preference of this mode over others. This preference is as a result of better data control and high security provided by on-premise VNA solutions. However, ow
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