According to the research report titled ‘Enterprise Imaging Solutions Market Size By Deployment Mode (Cloud, On-Premise), By Solution Type (Vendor Neutral Archive (VNA), Picture Archiving and Communication System (PACS), Image Exchange, Universal Viewer), By End-use (Hospitals, Diagnostic Imaging Centres), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global enterprise imaging solutions market is anticipated to record a healthy CAGR over the analysis period 2021-2027.
 

Report findings suggest that factors such as consistent rise in deployment of cloud-based solutions, favorable government initiatives, electronic health record (EHR) integration, and universalization of medical image management are primarily driving global enterprise imaging solutions market growth.

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For the unversed, enterprise imaging is a process in healthcare that helps in combining patient data, images and multimedia. Apart from just being used as a productivity tool by radiologists, enterprise imaging has the potential to be a versatile communication network in the medical domain.

Despite the positive outlook, high costs associated with transferring old data from PACS to VNA, and concerns related to security and privacy of imaging data are likely to hamper the market remuneration scope in the upcoming years.

Based on deployment mode, the cloud segment generated over USD 704.6 million in revenues in 2020 and is slated to record 12.4% CAGR over 2021-2027, owing to high product availability & affordability for healthcare providers along with better scalability.

With respect to solution based fragmentation of worldwide enterprise imaging solutions industry, PACS (picture archiving and communication system) segment was worth USD 580 million in 2020 and is projected to witness 9.9% CAGR over the analysis timeframe. This can be ascribed to increasing adoption of the system in radiology and cardiology departments across hospitals.

In terms of end-user spectrum, diagnostic imaging centers segment was evaluated at USD 183 million in 2020 and is projected to grow at 12.6% CAGR over the analysis timeline, owing to the surging volume of diagnostic procedures.

From a regional perspective, Asia Pacific market is anticipated to expand at 14.1% CAGR through 2027, on the back of supportive government policies for healthcare IT, and increasing cloud-based deployment.

Prominent players in global enterprise imaging solutions market are Vital Images Inc., DICOM Grid Inc. (Ambra Health), Sectra AB, Siemens Healthineers AG, Novarad Corp., McKesson Corp., Mach7 Technologies Ltd., IBM Corp., Hyland Software Inc., NTT DATA Corp., GE Healthcare, FUJIFILM Healthcare Americas Corp., Carestream Health Inc., BridgeHead Software Ltd., and Agfa-Gevaert N.V.