Medical Image Management Market by Product (PACS (Departmental (Radiology, Cardiology), Enterprise), VNA (On-premise, Hybrid, Cloud, Multi-department, Multi-site, ISV), AICA) & End user (Hospitals, Diagnostic Imaging Centers, ASC, CRO) - Forecasts to 2020 - 2025

Medical Image Management System Market size is forecast to reach $5.31 billion by 2025, growing at a CAGR of 7.03% during the forecast period 2020-2025. Medical Image Management System includes recording and storing the diagnostic results which help healthcare professionals to treat the disease. The increasing importance of medical imaging in the primary diagnosis of disease and changing healthcare environment are the major factors driving the growth of the market. Increasing usage in the drug development process and improving care coordination & reporting capabilities is set to further enhance the overall market demand for the medical image management system during the forecast period 2020-2025.

Report Coverage

The report: “Medical Image Management System Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Medical Image Management System Market. 

By Solution: Picture Archive Communication System, Vendor Neutral Archive, and Application Independent Clinical Archives
By End Use: Hospitals, Diagnostic Laboratories, Contract Research Organizations, and Academic Institutes &Research Laboratories
By Geography: North America, Europe, Asia Pacific and Rest of the World (RoW).


Key Takeaways:

  • North America dominated the Medical Image Management System Market in 2019 owing to the presence of major health IT and increasing regulatory scenarios to minimize imaging complications. The Medical Image Management System Market scope for different regions will be provided in the final report.

  • Changing healthcare environment and the rapid evolution of technologies leading to the integration of managing techniques in clinical settings is likely to aid in the market growth of the Medical Image Management System Market.

  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Medical Image Management System Market report.

  • Budgetary constraints and user interface challenges are poised to create hurdles for the Medical Image Management System Market.


Product - Segment Analysis

The Picture Archive Communication System segment held the largest share in the Medical Image Management System Market in 2019 and is estimated to grow at a CAGR of 6.82% during the forecast period 2020-2025. Picture Archive Communication System is a medical imaging technology that provides economical storage and convenient access to pictures from multiple modalities.

It is used in hard copy replacement, remote access, electronic image integration platform, and radiology workflow management. Picture Archive Communication System eliminates the need to manually file and store, retrieve, and sent sensitive information. They are increasingly important as the volume of digital medical images is growing throughout the healthcare industry. The modern use of the Picture Archive Communication System can be attributed to digital imaging and communication in medicine which is a standard protocol for the management and transmission of medical images and related data. The Picture Archive Communication System is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2020-2025.


End User - Segment Analysis

The Hospitals held the largest share in the Medical Image Management System Market in 2019. This is owing to the increasing focus to reduce the future needs for costly and time-consuming data migration.

 Applications of medical imaging management have grown significantly by other departments apart from radiology such as cardiology, endoscopy, pathology, oncology, and dermatology which results in increasing demand for medical imaging management systems by hospitals. Increasing focus to reduce the future needs for costly and time-consuming data migration, a growing number of hospitals, and a greater budget to implement advanced solutions such as VNA and AICA in hospitals. Hospitals are set to be the highest growing segment and are estimated to register the highest CAGR during the forecast period 2020-2025 owing to growing awareness about early diagnosis of diseases. 

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Location: United States

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