[2021] Market Overview of Computer Aided Detection Market Trends by Technology, Pipeline Review 2021 and key Business Opportunities till 2028

Overview:

Computer Aided Detection (CAD) software involves pattern recognition technique that helps physicians with interpreting medical images. Growing inclination towards diagnostic imaging techniques is projected to boost volume of image data to be analysed. Diagnostic analysis techniques help doctors to lower detection errors. CAD software is used in diagnosis of various diseases like coronary artery disease, cancer, neurological and cardiovascular diseases through imaging modalities such as Magnetic Resonance Imaging, ultrasound imaging, computed tomography and X-Rays imaging. CAD software provide accurate detection of chronic diseases in their early stages, which reduces mortality rates of neurological, cardiovascular diseases and cancer.

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Drivers:

Rise in the number of chronic disease cases is expected boost growth the global of computer aided detection market. Growing awareness regarding cancer treatment and routine medical check-ups is increasing the demand for CAD market. The effectiveness and efficiencies of CAD is improved due to development in digital imaging methods. Furthermore, increasing demand for health insurance requiring pre-screening of chronic diseases is also projected to fuel growth of the global CAD market.

Key players in the market are adopting various strategies such as approvals and launch of products as well as partnerships and collaborations. Which is expected to support growth of the computer aided detection market. For instance, in September 2017, The U.S. FDA granted clearance to GE Healthcare’s Senographe Pristina Dueta, which is the first patent-assisted mammography device that gives control to women of their own compression during the examination.

Moreover, in January 2018, Philips Healthcare partnered with Belgium-headquartered IBA (ION Beam Applications SA) to provide proton therapy solutions, which is an advanced therapy for cancer treatment in India.

Restraints:

High cost of computer aided detection is expected to hamper the growth of global computer aided market.

Opportunities:

Growing investment in research and development of Computer Aided Detection with 3D imaging are expected to create lucrative growth opportunities for players in the global computer aided detection market.

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Market taxonomy:

By imaging modalities:

• Mammography

• Ultrasound imaging

• Tomosynthesis

• Magnetic resonance imaging

• Computed tomography

By application:

• Lung cancer

• Colorectal cancer

• Liver cancer

• Breast cancer

• Prostate cancer

• Bone cancer

• Others (Cardiovascular and Neurological Indications etc.)

By End Users:

• Hospitals

• Diagnostic centers

• Research centers

By Regions:

• North America

• Latin America

• Europe

• Middle east

• Asia Pacific

• Africa

Regional analysis:

The computer aided detection market is regionally divided into North America, Latin America, Europe, Middle East, Asia Pacific and Africa.

Among regions, North America is expected to witness a strong growth in the computer aided detection market, owing to increasing adoption of CAD for cancer diagnosis. Moreover, Europe is also expected to witness a robust growth in the computer aided detection market due to high prevalence of breast cancer.

Furthermore, Asia Pacific is witnessing substantial growth in the computer aided detection market, owing to growing awareness among patients, and government initiatives such as promotional campaigns on the early detection of chronic disease.

Middle East and Africa are expected to witness a normal growth due to low awareness and less advanced technology.

Major players:

Major players active in global computer aided detection market include Philips Healthcare, Inc. iCAD, Agfa-Gevaert N.V., Fujifilm Medical System, Siemens Healthineers, GE Healthcare, Hologic,Inc., EDDA Technology, Invivo Corporation, and Hitachi Medical Corporation.

Reasons to Purchase this Report

• Current and future of global Computer Aided Detection Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Computer Aided Detection Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Computer Aided Detection Industry Impact

Chapter 2 Global Computer Aided Detection Competition by Types, Applications, and Top Regions and Countries
2.1 Global Computer Aided Detection (Volume and Value) by Type
2.3 Global Computer Aided Detection (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Computer Aided Detection Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Computer Aided Detection Market Analysis
Chapter 6 East Asia Computer Aided Detection Market Analysis
Chapter 7 Europe Computer Aided Detection Market Analysis
Chapter 8 South Asia Computer Aided Detection Market Analysis
Chapter 9 Southeast Asia Computer Aided Detection Market Analysis
Chapter 10 Middle East Computer Aided Detection Market Analysis
Chapter 11 Africa Computer Aided Detection Market Analysis
Chapter 12 Oceania Computer Aided Detection Market Analysis
Chapter 13 South America Computer Aided Detection Market Analysis
Chapter 14 Company Profiles and Key Figures in Computer Aided Detection Business
Chapter 15 Global Computer Aided Detection Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology