Global Computer Aided Detection Market - Market Size, Share & Industry Trends, Growth Analysis Report by Product Type, By Consumption and Forecast 2021 – 2031
Global Computer Aided Detection Market by Application (Lung Cancer, Breast Cancer, Colon, Liver Cancer, Bone Cancer, Prostate Cancer, Neurological), Imaging Modalities (Magnetic Resonance Imaging, X-Ray Imaging, Ultrasound Imaging, Computer Tomography, Nuclear Medicine Imaging, and Others), and Regions, The Asia Pacific, Middle East Africa, Europe, North America, and Latin America) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2021 – 2031
The Computer Aided Detection market size was valued at USD 0.80 billion in 2021 and is expected to surpass USD 2.4 billion by 2031, expanding at a CAGR of 10.6 % during the forecast period, 2021–2031. The market's growth is attributed to the increasing cancer prevalence and raising awareness in the population for regular health check-ups.
INTRODUCTION
Computer Aided Detection (CAD) is a clinically established tool that helps in the diagnosis of cardiovascular, neurological, and cancer diseases. This tool assists physicians in decreasing the false negative rate, detecting cancer at early stages, improving inter and intra-reader variability, and reducing the mortality rates for cancer, and other diseases.
CAD systems are used to help physicians with numerous tasks. It provides a second opinion to the diagnostic and detection outcomes and automatically recognizes all non-calcified lesions doubted of malignancy at images.
Market Trends, Drivers, Restraints, and Opportunities
Scope of the Report
Attributes |
Details |
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Report Title | Computer Aided Detection Market - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast |
Base Year | 2021 |
Historic Data | 2020–2021 |
Forecast Period | 2021–2031 |
Segmentation | Application (Lung Cancer, Breast Cancer, Colon, Liver Cancer, Bone Cancer, Prostate Cancer, Neurological), Imaging Modalities (Magnetic Resonance Imaging, X-Ray Imaging, Ultrasound Imaging, Computer Tomography, Nuclear Medicine Imaging, and Others) |
Regional Scope | The Asia Pacific, Middle East Africa, Europe, North America, and Latin America |
Report Coverage | Market Analysis Company Share & Size, Growth Factors, Trends, Competitive Landscape, Trends, and Revenue Forecast |
Key Players Covered in the Report | EDDA Technology, Inc. (U.S.); FUJIFILM Medical Systems (U.S.); Hitachi High Technologies Corporation (U.S.); Hologic Inc. (U.S.); McKesson Corporation (U.S.); Siemens Healthcare (Germany); Toshiba Medical Systems Corporation (Japan) |
Market Segment Insights
The breast cancer segment is projected to register a considerable CAGR
Based on application, the computer aided detection market is divided into lung cancer, breast cancer, colon, liver cancer, bone cancer, prostate cancer, neurological. The breast cancer segment is expected to expand at a rapid pace during the forecast period owing to the growing prevalence and people’s awareness of regular breast cancer check-ups.
The X-Ray segment is expected to expand at a rapid pace
Based on imaging modalities, the computer-aided detection market is divided into magnetic resonance imaging, x-ray imaging, ultrasound imaging, computer tomography, nuclear medicine imaging, and others. The X-Ray segment is expected to expand at a rapid pace during the forecast period owing to extensive research has been to overcome the limitations of X-rays.
The North American region is anticipated to constitute a key market share
In terms of regions, the computer-aided detection market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of the North American region is expected to constitute a key share of the market during the projected period owing to its researcher’s constant efforts to fuel the market with newer technologies and shifting trends from image analysis and pattern recognition. However, the market of the Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to rising cost-effective technologies, demand for medical tourism, government initiatives, and programs.
Competitive Landscape
Key players competing in the Computer Aided Detection market are EDDA Technology, Inc. (U.S.); FUJIFILM Medical Systems (U.S.); Hitachi High Technologies Corporation (U.S.); Hologic Inc. (U.S.); McKesson Corporation (U.S.); Siemens Healthcare (Germany); Toshiba Medical Systems Corporation (Japan)
FAQs
How much is the market worth?
The Computer-Aided Detection market size was valued at USD 0.80 billion in 2021 and is expected to surpass USD 2.4 billion by 2031.
During the forecast period, what is the CAGR of the market?
During the forecast period, the CAGR of the market is expected to be 10.6%.
What are the key drivers of the market?
The market's growth is attributed to the increasing cancer prevalence and raising awareness in the population for regular health check-ups.
What segments are covered in the Computer Aided Detection report?
The segments covered in the report are application (lung cancer, breast cancer, colon, liver cancer, bone cancer, prostate cancer, neurological), imaging modalities (magnetic resonance imaging, x-ray imaging, ultrasound imaging, computer tomography, nuclear medicine imaging, and others).
Mention which region is expected to hold the highest share of the Computer Aided Detection market.
The North American region is expected to hold the highest share of the Computer Aided Detection market.
Mention the key players in the market.
EDDA Technology, Inc. (U.S.); FUJIFILM Medical Systems (U.S.); Hitachi High Technologies Corporation (U.S.); Hologic Inc. (U.S.); McKesson Corporation (U.S.); Siemens Healthcare (Germany); Toshiba Medical Systems Corporation (Japan)
1 INTRODUCTION TO GLOBAL COMPUTER-AIDED DETECTION MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF WISH TREE INSIGHTS
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL COMPUTER AIDED DETECTION MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Value Chain Analysis
5 GLOBAL COMPUTER AIDED DETECTION MARKET, BY APPLICATION
5.1 Overview
5.2 Lung Cancer
5.3 Breast Cancer
5.4 Colon
5.5 Liver Cancer
5.6 Bone Cancer
5.7 Prostate Cancer
5.8 Neurological
6 GLOBAL COMPUTER AIDED DETECTION MARKET, IMAGING MODALITIES
6.1 Overview
6.2 Magnetic Resonance Imaging
6.3 X-Ray Imaging
6.4 Ultrasound Imaging
6.5 Computer Tomography
6.6 Nuclear Medicine Imaging
6.7 Others
7 GLOBAL COMPUTER AIDED DETECTION MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 The Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 The Middle East & Africa
8 GLOBAL COMPUTER AIDED DETECTION MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 EDDA Technology, Inc. (U.S.)
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 FUJIFILM Medical Systems (U.S.)
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Hitachi High Technologies Corporation (U.S.)
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Hologic Inc. (U.S.)
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 McKesson Corporation (U.S.)
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Siemens Healthcare (Germany)
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 Toshiba Medical Systems Corporation (Japan)
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
10 Appendix
10.1 Related Research
Segments Covered in the Report
Application
Imaging Modalities
Regions
Key Players
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By using the Bottom-Up and Top-Down methods we carry out extensive research. Our focus is on the following parameters:
Our expertise uses primary research with Key for validating the market forecasts:
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