Report : North America Multimodal Image Fusion Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Preclinical Multimodal Imaging and Clinical Multimodal Imaging), and Application (Hospitals, Diagnostic Centers, and Academic and Research Institutes)
Clinical Multimodal Imaging Segment to Dominate North America Multimodal Image Fusion Software Market during 2021–2028
According to a new market research study on “North America Multimodal Image Fusion Software Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and Application” is expected to reach US$ 235.00 million by 2028 from US$ 141.26 million in 2021. The market is estimated to grow at a CAGR of 7.5% from 2021 to 2028. The report provides trends prevailing in the North America multimodal image fusion software market along with the drivers and restraints pertaining to the market growth. Rising government and private spending on healthcare infrastructure is the major factor driving the growth of the North America multimodal image fusion software market. However, issues associated with the high cost of associated diagnostics equipment hinder the growth of North America multimodal image fusion software market.
The North America multimodal image fusion software market is segmented into type, application and country. In terms of type, the multimodal image fusion software market is bifurcated into preclinical multimodal imaging and clinical multimodal imaging. The clinical multimodal imaging segment dominated the market in 2020 and preclinical multimodal imaging segment is expected to be the fastest growing during the forecast period. Based on application, the multimodal image fusion software market is categorized into hospitals, diagnostic centers, and academic and research institutes. The hospitals segment dominated the market in 2020 and diagnostic centers segment is expected to be the fastest growing during the forecast period. Based on country, North America multimodal image fusion software market is classified into US, Canada, and Mexico.
North American countries are known for the highest acceptance for technologies, which also boosts the pace of development of new technologies in these countries. Rapid technological developments can also be attributed to favorable government policies to boost innovation and reinforce infrastructure capabilities. Thus, any impact on industries directly affects the region's economic development. The US is the world's worst-affected country by the COVID-19 outbreak, thus leading to the sudden stands still across all the industries present in the region. However, the healthcare sector in many of the North American countries has remained unaffected during the pandemic. In addition to the rising cases across countries such as the US, Canada, and Mexico, the high prevalence of diseases other than other COVID-19 has stimulated the demand for all healthcare equipment and solutions. As of 2020, there are ~5.8 million Americans living with Alzheimer’s disease.
aycan Medical Systems,LLC; Brainlab AG; Bruker Corporation; Carl Zeiss Meditec; FUJIFILM VisualSonics, Inc.; INFINITT North America Inc.; Intrasense SA; Mediso Ltd; MR Solutions Ltd.; and PerkinElmer Inc. are among the leading companies in the North America multimodal image fusion software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, Bruker Corporation had launched ParaVision 360 preclinical imaging software. It is the most advanced research-grade software for preclinical MRI and had also been extended to nuclear molecular imaging.
North America Multimodal Image Fusion Software Market, By Country, 2020 and 2028 (%) 
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