Those closely watching the growing enterprise imaging market know that digital transformation in healthcare is creating solutions more capable than ever to solve common pain points for healthcare providers. Innovations deliver much-needed benefits, from improved workflow efficiency, enhanced diagnostic accuracy and collaborative care. The growth in the market is reflective of the increasing reliance on such tools, and the artificial intelligence (AI)-powered offerings available. According to a 2023-2030 market forecast delivered by Zion Research, the industry was estimated to grow from $1.4 Billion in 2022 to $3.8 Billion, reflecting an impressive 11.5% compound annual growth rate (CAGR).
Tracking Trends
In its most recent comprehensive report, “Enterprise Imaging Solutions Market Analysis 2023-2030 Report,” MarkWide Research analysts pinpointed four primary market trends:
1. Al-powered Imaging Analytics, with capabilities such as advanced image analysis, automated measurements and predictive analytics, which enhance diagnostic accuracy, efficiency and clinical decision-making.
2. Mobile Access and Patient Engagement allowing providers and patients to view and share images on smartphones and tablets. Patients can actively participate in their healthcare journey and access their medical images conveniently.
3. Toward Interoperability and Standardization, the industry is shifting towards interoperable enterprise imaging solutions that adhere to standardized protocols. This boosts seamless integration with other healthcare IT systems and promotes data exchange between different stakeholders.
4. Emphasis on Data Analytics and Business Intelligence: Solution features provide key insights into image utilization, resource allocation and quality metrics. Combined, the analysts note, enable data-driven decision-making and performance improvement.
Al integration, cloud-based solutions and mobile accessibility will continue to shape the market landscape. As we continue to monitor the digital transformation of healthcare, there is no doubt that enterprise imaging solutions will continue to evolve, enabling healthcare organizations to meet the growing needs of healthcare providers, chiefly, to deliver better patient care and drive operational excellence.
EI Networks Making News
A snapshot summary of a select few of the solution providers making news over the past months reinforces market forecasts for strong growth ahead.
At HIMSS23, AGFA HealthCare promoted its latest generation of the Enterprise Imaging platform (AGFA EI). The platform, according to the company, was designed to support health systems’ goals to deliver sustainable and superior care outcomes, across local community networks or geographically distributed organizations. This latest generation of its Enterprise Imaging solution, it notes, “breaks the old paradigm of routing data to the user and instead brings the ‘user to the data’ via real-time streaming technology.”
Intelerad Medical Systems, a leading global provider of enterprise medical imaging solutions, also showcased its enhanced Enterprise Imaging and Informatics Suite during HIMSS23. It reported that since its initial launch, the Suite now features the largest medical image exchange network in the world, as its newly fortified portfolio now includes over 18,000 image exchange network clients connected internationally through Intelerad solutions This follows Intelerad’s acquisition of Life Image in late 2022.
“We’re committed to serving our hospitals and health systems by delivering the right technology they need to eliminate silos, drive efficiency and make better patient care a reality,” said Morris Panner, president, Intelerad, in a statement, adding, “As healthcare clients increase their demand for managing, sharing and analyzing patient data, they need a powerful, scalable, vendor-neutral imaging system to improve overall performance.”
Earlier this year, Canon Medical Informatics, Inc. extended its EI solutions suite to include pathology through its partnership with Tribun Health, which it noted provides new capability for healthcare organizations to efficiently include pathology into their enterprise imaging plans as part of their precision informatics roadmaps. It further reported the EI offers an all-in-one suite of solutions, and one comprehensive partnership for the most imaging-intensive departments, such as radiology, cardiology, endoscopy and now pathology.
“Our relationship with Tribun Health demonstrates our commitment to be a clinical decision partner by expanding the clinical breadth of our enterprise imaging solutions to drive efficiency and seamless access to critical multi-modal clinical information for all clinicians caring for patients,” said Jim Litterer, president and CEO of Canon Medical Informatics. The company notes that its solutions focus on offering a common, clinically intelligent platform across complex, multi-site institutions to achieve common efficiencies for diagnosis, treatment planning and long-term patient management.
Clearly, market players are answering the call for enterprise imaging solutions that meet growing needs of healthcare providers in a time of unprecedented challenges. The ITN editorial team will continue to monitor and report on news and innovations in the year ahead.
View the ITN Enterprise Imaging Systems Comparison Chart here