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Computer Aided Detection Market Revenue Trends, Company Profiles, Share And Analysis

Computer Aided Detection Market

Computer Aided Detection Market

The Computer Aided Detection Market size was valued at USD 836.5 Million in 2023 and the total Computer Aided Detection revenue is expected to grow at a CAGR of 5.78% from 2024 to 2030, reaching nearly USD 1239.63 Million by 2030.

Computer Aided Detection Market Report Scope and Research Methodology

Report Scope: The report delves into the realm of Computer Aided Detection (CAD) software, employing pattern recognition algorithms vital for interpreting medical images. Its application spans various medical disciplines, particularly radiology, oncology, and cardiology. The report highlights market dynamics, drivers, restraints, and regional insights, offering comprehensive industry insights.

Research Methodology: Our research methodology adheres to stringent standards, ensuring reliability and accuracy. Extensive primary and secondary research methodologies were employed, incorporating data analytics and expert opinions to provide actionable insights and forecasts.

Know More About The Report: https://www.maximizemarketresearch.com/market-report/global-computer-aided-detection-market/44444/

Computer Aided Detection Market Dynamics

Market Drivers:

The rising prevalence of cancer, coupled with heightened health awareness, acts as a primary driver propelling the computer aided detection market. Technological advancements, expanding applications beyond radiology, and increasing tobacco-related cancer cases further fuel market growth.

Market Restraints:

The high cost of CAD systems poses a formidable barrier, hindering market growth. Initial investment requirements for acquisition and implementation, alongside ongoing maintenance expenses, deter smaller healthcare facilities from embracing CAD technologies.

Computer Aided Detection Market Segmentation

Computer Aided Detection Market , by Imaging Modalities

Mammography
Magnetic Resonance Imaging
Ultrasound Imaging
Tomosynthesis
Nuclear Imaging
Others

Computer Aided Detection Market , by Application

Breast Cancer
Lung Cancer
Colorectal Cancer
Prostate Cancer
Liver Cancer
Bone Cancer
Others

The computer aided detection market is divided into segments based on application, including those for breast cancer, lung cancer, colorectal cancer, prostate cancer, liver cancer, bone cancer, and others. With a sizable share, the breast cancer category emerged as the market leader in 2023. This was driven by the rising prevalence of breast cancer worldwide, as well as increased awareness, preventive measures, early detection techniques, and improvements in treatment options. 2020 saw 2.3 million female diagnoses for breast cancer, which translated into 685,000 deaths globally.

Computer Aided Detection Market , by End-user

Hospitals
Diagnostic Centers
Research Centers

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Computer Aided Detection Market Key Players

Computer Aided Detection Manufacturers in North America:
1. Hologic, Inc. (USA)
2. iCAD, Inc. (Nashua, New Hampshire, USA)
3. EDDA Technology, Inc. (Cary, North Carolina, USA)
4. Fujifilm Medical Systems USA, Inc. (Itasca, Illinois, USA)
5. Invivo Corporation (Alachua, Florida, USA)
6. GE Healthcare (Chicago, Illinois, USA)
7. Philips Healthcare (Amsterdam, Netherlands)
8. EDDA Technology, Inc. (Cary, North Carolina, USA)
9. Hologic Inc. (Marlborough, Massachusetts, USA)
10. IBM Corporation (Armonk, New York, USA)
11. Riverain Technologies LLC. (Lexington, Massachusetts, USA)
12. McKesson Corporation (Irving, Texas, USA)
Computer Aided Detection Manufacturers in Europe:
13. Siemens Healthineers (Erlangen, Germany)
14. Agfa-Gevaert N.V. (Mortsel, Belgium)
15. Vucomp (Oslo, Norway)
16. Siemens Healthcare (Erlangen, Germany)
17. Median Technologies (Sophia Antipolis, France)
18. Koninklijke Philips N.V. (Amsterdam, Netherlands)
Computer Aided Detection Manufacturers in Asia-Pacific:
19. Toshiba Medical Systems Corporation (Tōkyō, Japan)
20. Hitachi Medical Corporation (Tokyo, Japan)
21. CANON MEDICAL SYSTEMS CORPORATION (Otawara, Japan)

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Table of content for the Computer Aided Detection Market includes:

Part 01: Executive Summary

Part 02: Scope of the Computer Aided Detection Market Report

Part 03: Global Computer Aided Detection Market Landscape

Part 04: Global Computer Aided Detection Market Sizing

Part 05: Global Computer Aided Detection Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

North America leads the global market, driven by widespread CAD adoption for cancer diagnosis. Meanwhile, the Asia Pacific region is poised for rapid growth, fueled by high cancer-related mortality rates and increasing demand for computer-aided cancer detection and diagnosis.

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