Market Overview:
The global computer aided detection (CAD) market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cancer, technological advancements in CAD software and growing demand for minimally invasive surgeries. Based on type, the CAD market can be segmented into mammography, ultrasound imaging, magnetic resonance imaging (MRI), tomosynthesis, computed tomography (CT) and others. The mammography segment is expected to account for the largest share of the CAD market in 2018 owing to its widespread use for breast cancer diagnosis. Based on application, hospitals are expected to account for the largest share of the CAD market in 2018 followed by diagnostic centers and research centers.
Product Definition:
Computer Aided Detection (CAD) is a technology used by radiologists and other healthcare professionals to improve the accuracy of diagnoses. CAD systems use software algorithms to analyze digital images for evidence of tumors, lesions, or other abnormalities. The results of this analysis can help clinicians make more accurate diagnoses and treatment decisions.
Mammography:
Mammography is the diagnostic and screening method for breast cancer. It uses optical imaging technology to detect tumors in the breast area. The technique helps detect microcalcifications (tiny clusters of calcium) that are usually caused due to tumor cells. These techniques can also help identify other tumors, such as ductal carcinoma in situ (DCIS), atypical hyperplasia, and fibroadenoma.
Ultrasound Imaging:
Ultrasound imaging is a technique that uses high frequency sound waves to produce images of internal body organs and tissues. Ultrasound imaging is an effective diagnostic tool for the detection of diseases such as kidney stones, gallstones, liver tumors and inflammation in the gallbladder.
Application Insights:
Based on application, the global computer aided detection market is segmented into hospitals, diagnostic centers, and research centers. Hospitals held the largest share in 2017 owing to an increase in demand for CVD screening and other emergency room procedures. The introduction of advanced imaging techniques such as MRA (Magnetic Resonance Imaging) has led to a significant increase in hospital usage.
The use of computers aids diagnosis for various medical conditions including heart attack, stroke or vascular disease related symptoms like dizziness or shortness of breath that require immediate medical attention. Ultrasound Imaging is another popular application due to its ability to provide accurate diagnosis within minutes as compared to conventional methods that take hours or days.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of industry players, high adoption rate for technologically advanced products, and government support for R&D activities related to CAGD. For instance, as per an article published in NCBI; Computer-aided detection is supported by both Medicare and Medicaid through their coverage codes 9977 ( Mammography ) & 99775 ( Ultrasound imaging ).
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to increasing awareness about CAGD among women population coupled with rising healthcare expenditure by various governments. Moreover, growing medical tourism due to low cost of treatment in countries like India & China are contributing towards growth in this region. In addition, increasing prevalence of cancer among Asian population will boost demand further over next eight years (2030).
Growth Factors:
- Increasing demand for early cancer detection and diagnosis
- Rising prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases
- Growing number of image-guided interventions and surgeries
- Technological advancements in computer-aided detection systems
- Increasing awareness about the benefits of early cancer detection
Scope Of The Report
Report Attributes
Report Details
Report Title
Computer Aided Detection Market Research Report
By Type
Mammography, Ultrasound Imaging, Magnetic Resonance Imaging, Tomosynthesis, Computed Tomography, Others
By Application
Hospitals, Diagnostic Centers, Research Centers
By Companies
Hologic, ICAD, Agfa-Gevaert, EDDA Technology, Fujifilm Medical Systems, Invivo, GE Healthcare, Philips Healthcare, Hitachi Medical, Siemens Healthineers
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Computer Aided Detection Market Report Segments:
The global Computer Aided Detection market is segmented on the basis of:
Types
Mammography, Ultrasound Imaging, Magnetic Resonance Imaging, Tomosynthesis, Computed Tomography, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Diagnostic Centers, Research Centers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hologic
- ICAD
- Agfa-Gevaert
- EDDA Technology
- Fujifilm Medical Systems
- Invivo
- GE Healthcare
- Philips Healthcare
- Hitachi Medical
- Siemens Healthineers
Highlights of The Computer Aided Detection Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mammography
- Ultrasound Imaging
- Magnetic Resonance Imaging
- Tomosynthesis
- Computed Tomography
- Others
- By Application:
- Hospitals
- Diagnostic Centers
- Research Centers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Computer Aided Detection Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Computer Aided Detection (CAD) is a process of detecting abnormalities or threats on computer networks by using automated tools.
Some of the key players operating in the computer aided detection market are Hologic, ICAD, Agfa-Gevaert, EDDA Technology, Fujifilm Medical Systems, Invivo, GE Healthcare, Philips Healthcare, Hitachi Medical, Siemens Healthineers.
The computer aided detection market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Computer Aided Detection Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Computer Aided Detection Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Computer Aided Detection Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Computer Aided Detection Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Computer Aided Detection Market Size & Forecast, 2018-2028
4.5.1 Computer Aided Detection Market Size and Y-o-Y Growth
4.5.2 Computer Aided Detection Market Absolute $ Opportunity
Chapter 5 Global Computer Aided Detection Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Computer Aided Detection Market Size Forecast by Type
5.2.1 Mammography
5.2.2 Ultrasound Imaging
5.2.3 Magnetic Resonance Imaging
5.2.4 Tomosynthesis
5.2.5 Computed Tomography
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Computer Aided Detection Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Computer Aided Detection Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Diagnostic Centers
6.2.3 Research Centers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Computer Aided Detection Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Computer Aided Detection Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Computer Aided Detection Analysis and Forecast
9.1 Introduction
9.2 North America Computer Aided Detection Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Computer Aided Detection Market Size Forecast by Type
9.6.1 Mammography
9.6.2 Ultrasound Imaging
9.6.3 Magnetic Resonance Imaging
9.6.4 Tomosynthesis
9.6.5 Computed Tomography
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Computer Aided Detection Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Diagnostic Centers
9.10.3 Research Centers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Computer Aided Detection Analysis and Forecast
10.1 Introduction
10.2 Europe Computer Aided Detection Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Computer Aided Detection Market Size Forecast by Type
10.6.1 Mammography
10.6.2 Ultrasound Imaging
10.6.3 Magnetic Resonance Imaging
10.6.4 Tomosynthesis
10.6.5 Computed Tomography
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Computer Aided Detection Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Diagnostic Centers
10.10.3 Research Centers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Computer Aided Detection Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Computer Aided Detection Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Computer Aided Detection Market Size Forecast by Type
11.6.1 Mammography
11.6.2 Ultrasound Imaging
11.6.3 Magnetic Resonance Imaging
11.6.4 Tomosynthesis
11.6.5 Computed Tomography
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Computer Aided Detection Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Diagnostic Centers
11.10.3 Research Centers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Computer Aided Detection Analysis and Forecast
12.1 Introduction
12.2 Latin America Computer Aided Detection Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Computer Aided Detection Market Size Forecast by Type
12.6.1 Mammography
12.6.2 Ultrasound Imaging
12.6.3 Magnetic Resonance Imaging
12.6.4 Tomosynthesis
12.6.5 Computed Tomography
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Computer Aided Detection Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Diagnostic Centers
12.10.3 Research Centers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Computer Aided Detection Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Computer Aided Detection Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Computer Aided Detection Market Size Forecast by Type
13.6.1 Mammography
13.6.2 Ultrasound Imaging
13.6.3 Magnetic Resonance Imaging
13.6.4 Tomosynthesis
13.6.5 Computed Tomography
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Computer Aided Detection Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Diagnostic Centers
13.10.3 Research Centers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Computer Aided Detection Market: Competitive Dashboard
14.2 Global Computer Aided Detection Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hologic
14.3.2 ICAD
14.3.3 Agfa-Gevaert
14.3.4 EDDA Technology
14.3.5 Fujifilm Medical Systems
14.3.6 Invivo
14.3.7 GE Healthcare
14.3.8 Philips Healthcare
14.3.9 Hitachi Medical
14.3.10 Siemens Healthineers
