The global computer aided detection (CAD) market size is expected to reach USD 1579.5 million in 2028 and register a CAGR of 10.9% according to the latest report by Reports and Data. Growing need for computational assistance for error-free, precise detection and rising awareness about importance of early diagnosis of diseases to minimize death rates are key factors fueling global market revenue growth.
Computer Aided Detection (CAD) is a software system that helps in detecting various types of cancers, neurological or cardiovascular disorders using various imaging modalities such as computed tomography, tomosynthesis, and magnetic resonance imaging. It aids in reducing observational oversights, false-negative results, and provides error-free results in minimum time. Rising prevalence of chronic diseases, such as breast cancer, lung cancer, stroke, and neurological dysfunctions, is a primary factor increasing demand for CAD systems. Technological advancements in diagnostic techniques, increasing efforts by government to raise awareness about cancer and treatment, and growing investments by market players to develop advanced products with 3D imaging are significant factors boosting revenue growth.
Key companies operating in the global market and profiled in the report include:
EDDA Technology, Inc., FUJIFILM Medical Systems, Hitachi High Technologies Corporation, Hologic Inc., GE Healthcare Ltd., iCAD, Inc., Vucomp, McKesson Corporation, Philips Healthcare, Siemens Healthcare, Toshiba Medical Systems Corporation, Invivo Corporation, and Agfa-Gevaert N.V are key players operating in the global computer aided detection market.
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The global Computer Aided Detection (CAD) market research is carried out at the different stages of the business lifecycle from the production of a product, cost, launch, application, consumption volume and sale. The research offers valuable insights into the marketplace from the beginning including some sound business plans chalked out by prominent market leaders to establish a strong foothold and expand their products into one that’s better than others.
For this study, Reports and Data has segmented the global Computer Aided Detection (CAD) market based on Application, Breast CAD Imaging Modalities, Imaging Modalities, and Region:
Application Outlook (Revenue, USD Million, 2018-2028)
Oncology
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- Breast Cancer
- Lung Cancer
- Colon/ Rectal Cancer
- Prostate Cancer
- Liver Cancer
- Bone Cancer
Neurological
Musculoskeletal
- Cardiovascular
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Imaging modalities Outlook (Revenue, USD Million, 2018-2028)
- Mammography
- Tomosynthesis
- X-Ray Imaging
- Computed Tomography
- Ultrasound Imaging
- Magnetic Resonance Imaging
- Nuclear Medicine Imaging
- Others
Regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Reasons for Purchasing Global Computer Aided Detection (CAD) Market Report:
- New approaches and latest development trend that describe the structure of the market
• Advanced market breakdown structure
• Historical data and future market scope
• In-depth market analysis based on statistics, growth stimulators, and market developments
• Statistical data representation through figurative, numerical, and theoretical elaboration
• Report provides insight of the business and sales activities
• Key competitive players and regional distribution will help find prospective market analytics
• Report will strengthen the investors’ decision-making processes
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