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(MoneyNewsWire.Net, April 02, 2018 ) The Middle-East and Africa VNA & PACS market has been estimated at USD 0.2 billion in 2016 and is projected to reach USD 0.27 billion by 2021, at a CAGR of 5.65% during the forecast period from 2016 to 2021. Vendor neutral archive (VNA) and picture archiving and communication system (PACS) are considered as two key markets in the medical image management industry.
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By bringing about the sought after changes in the clinical workflow and by enhancing the unification and availability of data, VNAs have the ability to provide enhanced patient care. VNAs deliver timely access to patient data at the point of care. They also provide quick access to professional help for patients.
The growth of the Middle east and Africa VNA & PACS market is majorly driven by factors such as the rising population, increasing demand for standard based storage and integration of patient data. Strict regulatory structures, High costs associated with the technology, and lack of awareness regarding the VNA concept are the key challenges for the companies in the market.
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The Middle-East and Africa VNA market has been segmented on the basis business mode into enterprise and departmental, based on vendors into independent and commercial and is also segmented by the delivery mode into On-premise VNA, hybrid VNA and complete cloud-hosted VNA. On-premise VNA makes up the major segment of the overall VNA market, as on premise VNAs are observed to offer enhanced control and reliable sharing of data. However, Hybrid VNA will be the fastest growing segment and subsequently it will be a new revenue generating segment for companies in this market. Hybrid VNAs allow the cloud to save all the second copies of images, thereby considerably decreasing the cost of disaster recovery. The Middle East and Africa PACS market is segmented by business mode into enterprise and departmental, by type of instruments into X--ray, computed tomography, Magnetic Resonance Imaging, nuclear imaging, ultrasound and others, also by components into hardware, software and services.
The market has been geographically segmented into Middle-East and Africa. In terms of revenue, South Africa leads the market in this region. The market in this region has the lowest share due to lack of awareness regarding the VNA concept.
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The main companies dominating this regional market for its products and services are Acuo Technologies (U.S.), which leads the global VNA market, followed by Agfa HealthCare (Belgium), Carestream Health (U.S.), Dell, Inc. (U.S.), BridgeHead Software (U.K.), Fujifilm Corporation (Japan), Merge Health (U.S.), GE Healthcare (U.K.), Philips Healthcare (The Netherlands), Siemens Healthcare (Germany), McKesson Corporation (U.S.), and TeraMedica (U.S.).
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