July 30, 2021
As cited by the research report titled ‘Enterprise Imaging Solutions Market Size By Deployment Mode (Cloud, On-Premise), By Solution Type, By End-use (Hospitals, Diagnostic Imaging Centres), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2021 – 2027’, available with Market Study Report, global enterprise imaging solutions market is projected to expand significantly over 2021-2027.
Increase in number of favorable government initiatives towards healthcare IT, increasing demand for diagnostic imaging along with consistent rise in cloud-based solution deployments are the major factors driving the global enterprise imaging solutions market growth.
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For the record, enterprise imaging is a technology used in healthcare which consolidates all data of patients, multimedia & images at one place. It holds considerable potential to become a network of communication for the medical sector as compared to the productivity tool used by radiologists.
Based on deployment mode, industry is segmented into cloud and on-premise. Among these, the cloud segment amassed over USD 704.6 million in 2020 and is poised to expand at a 12.4% CAGR over the analysis period owing to wide availability and affordability of the product for healthcare providers with better scalability features.
Considering the solution type segmentation of worldwide enterprise imaging solutions, picture archiving and communication system (PACS), vendor neutral archive (VNA), universal viewer, and image exchange are covered in the research literature.
PACS segment garnered a revenue of USD 580 million in 2020 and is anticipated to grow at 9.9% CAGR over the forecast period 2021-2027 on account of high deployment of the systems in cardiology & radiology departments across hospitals.
Speaking of the end use range, the business space is categorized into hospitals, and diagnostic imaging centers among others. Among these, the diagnostic imaging centers segment obtained a value of USD 183 million in 2020 and is slated to expand at 12.6% CAGR over the study duration due to increasing use of diagnostic procedures worldwide.
The geographical analysis of this industry extends to North America, Middle East & Africa, Asia Pacific, Europe, and Latin America. Expert analysts speculate that Asia Pacific market is likely to witness 14.1% CAGR through 2027, due to favorable government policies concerning healthcare IT and expanding cloud-based deployment.
Prominent players in the worldwide enterprise imaging solutions industry sphere are Vital Images Inc. (Canon Group), Ambra Health, Sectra AB, Siemens Healthineers AG, Novarad Corp., McKesson Corporation, Mach7 Technologies Ltd., International Business Machines Corporation, Hyland Software Inc., NTT Data Corp., GE Healthcare, Fujifilm Medical Systems U.S.A. Inc., Carestream Health Inc., BridgeHead Software Ltd., and Agfa-Gevaert N.V.