Brain Modalities and Software Market To Worth $23,195.6 Million by 2030

In 2021, the global brain modalities and software market was valued at $13,343.3 million, which is set to reach $23,195.6 million by 2030, at a CAGR of 5.2% during 2021-2030. The growing patient emphasis on early and effective disease diagnosis, advancing demand for non-invasive and safer medical imaging, and surging prevalence of neurological disorders are the key factors that drive the market.

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Because traditional methods combined with AI software produce faster and more-reliable results, they are gaining favor. However, although software solutions provide value to standalone imaging modalities, in terms of numerical evaluations, diagnostic accuracy, and precision, software adoption in the LATAM and MEA regions has been slow, which will impel brain modalities and software market players to aggressively market their offerings here.

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There are many brain modalities and software market players, such as Mint Labs Inc., IXICO plc, Aspect Imaging Ltd., A.I. Analysis Inc., Imaging Biometrics LLC, Fujifilm Holdings Corporation, Vuno Co. Ltd., Siemens Healthineers AG, Koninklijke Philips N.V., Canon Inc., and General Electric Company. They are engaging in a range of activities to remain competitive and augment their revenue.

For instance, Nano-X Imaging Ltd. completed its merger with Zebra Medical Vision Ltd., a deep learning medical imaging analytics business, in November 2021. USARAD Holdings Inc., a supplier of teleradiology services, and MDWEB LLC, a decentralized marketplace linking imaging providers with radiologists, were also reported as successful strategic acquisitions.

Brain Modalities and Software Market Segmentation Analysis

By Offering
• Brain Imaging Modalities
• Brain Analysis Software
By Patient Type
• Adults
o Brain diseases
o Neurodegenerative diseases
• Pediatrics & Infants
o Brain diseases
o Neurodegenerative diseases
By End User
• Hospitals and Clinics
• Ambulatory Surgery Centers
• Diagnostic Imaging Centers
By Region
• North America
o U.S.
o Canada
• Europe
o Germany
o France
o U.K.
o Italy
o Spain
• Asia-Pacific (APAC)
o China
o India
o Japan
o Australia
o South Korea
• Latin America (LATAM)
o Brazil
o Mexico
• Middle East and Africa (MEA)
o Saudi Arabia
o South Africa

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