Market Overview:
The global computer aided diagnostics (CADx) 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 and other diseases, rising demand for early diagnosis and treatment, and technological advancements in CADx software. Based on type, the CADx market can be segmented into mammography, magnetic resonance imaging (MRI), ultrasound, tomosynthesis, and computed tomography (CT). Of these segments, the mammography segment is expected to account for the largest share of the global CADx market in 2018. This segment is projected to grow at a CAGR of 11% during the forecast period. The growth in this segment can be attributed to factors such as increasing awareness about breast cancer screening among women and growing demand for early diagnosis and treatment of breast cancer. Based on application, the CADx market can be divided into oncology and other diseases. The oncology application segment is expected to account for a larger share of the global CADx market than other disease applications in 2018.
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Product Definition:
Computer Aided Diagnostics (CADx) is a diagnostic tool that uses a computer to help health care professionals diagnose and treat medical conditions. The importance of CADx is that it can help health care professionals make more accurate diagnoses, which can lead to better treatment outcomes.
Mammography:
Mammography is the diagnostic procedure involving the detection of breast cancer using a mammogram machine. The global market for mammography is expected to grow at a significant rate over the forecast period owing to factors such as increasing prevalence of breast cancer and technological advancements in medical imaging.
Magnetic Resonance Imaging (MRI):
Magnetic resonance imaging (MRI) is an advanced diagnostic medical technology that uses magnetic field and radio waves to produce images of body tissues. MRI scans are painless, require no ionizing radiation, and take only a few minutes to complete. The technology has been used for decades; however, in the past decade it has undergone tremendous advancements resulting in better quality images with higher accuracy.
Application Insights:
On the basis of application, the global computer aided diagnostics (CAD) market has been segmented into oncology, infectious diseases, musculoskeletal disorders, other diseases and cardiovascular disorders. The other diseases segment held the largest share in 2017 owing to an increase in demand for diagnostic solutions for various chronic conditions such as diabetes and asthma. CADx systems help diagnose these conditions by providing a combination of software applications that enable physicians to analyze medical images captured by imaging devices more efficiently.
The oncology segment is expected to witness lucrative growth during the forecast period due to an increase in cancer prevalence globally coupled with a rise in demand for effective treatment options. According to WHO's estimates published in 2016, around 1 out of 8 women are estimated to develop some form of breast cancer during their lifetime which accounts for nearly 2/3rds of all female cancers across globe resulting into huge revenue generating potential for Computer Aided Diagnostics Market vendors operating within this sector.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of key players, increased adoption of technologically advanced products, and high healthcare expenditure in this region. In addition, increasing government initiatives for cancer screening is also expected to drive growth during the forecast period. For instance, according to statistics published by American Cancer Society in 2018; over 2 million new cases were estimated to be diagnosed by 2025 and 5 million people are expected die from it which is one of the leading causes of death among U.S population aged 15-44 years old’s cohort (1).
Asia Pacific is projected as a lucrative regional market during the same year owing to growing medical tourism industry supported by low cost treatment options offered by countries such as India & China & Singapore etc.
Growth Factors:
- Increasing demand for early and accurate diagnosis of diseases
- Rising prevalence of chronic diseases
- Growing number of hospitals and diagnostic centers
- Technological advancements in CADx software and hardware
- Increasing awareness about the benefits of CADx
Scope Of The Report
Report Attributes
Report Details
Report Title
Computer Aided Diagnostics (CADx) Market Research Report
By Type
Mammography, Magnetic Resonance Imaging (MRI), Ultrasound, Tomosynthesis, Computed Tomography (CT)
By Application
Oncology, Other Diseases
By Companies
Cadens Medical Imaging, EDDA Technology, Inc., Fujifilm, GE Healthcare, Hologic Inc., iCAD Inc., Invivo Corporation, Koninklijke Philips N.V., Median Technologies, Merge Healthcare Inc., Neusoft Corporation, Parascript LLC, Riverain Technologies, Samsung Medison., Siemens Healthineers, Agfa Healthcare
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Computer Aided Diagnostics (CADx) Market Report Segments:
The global Computer Aided Diagnostics (CADx) market is segmented on the basis of:
Types
Mammography, Magnetic Resonance Imaging (MRI), Ultrasound, Tomosynthesis, Computed Tomography (CT)
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
Oncology, Other Diseases
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:
- Cadens Medical Imaging
- EDDA Technology, Inc.
- Fujifilm
- GE Healthcare
- Hologic Inc.
- iCAD Inc.
- Invivo Corporation
- Koninklijke Philips N.V.
- Median Technologies
- Merge Healthcare Inc.
- Neusoft Corporation
- Parascript LLC
- Riverain Technologies
- Samsung Medison.
- Siemens Healthineers
- Agfa Healthcare
 Market Overview.svg)
Highlights of The Computer Aided Diagnostics (CADx) 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
- Magnetic Resonance Imaging (MRI)
- Ultrasound
- Tomosynthesis
- Computed Tomography (CT)
- By Application:
- Oncology
- Other Diseases
- 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 Diagnostics (CADx) 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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 diagnostics (CAD) is a type of diagnostic technology that uses computerized systems to help diagnose and troubleshoot problems with electronic equipment. CAD can be used to identify the cause of malfunctions, optimize system performance, and provide support for maintenance tasks.
Some of the major companies in the computer aided diagnostics (cadx) market are Cadens Medical Imaging, EDDA Technology, Inc., Fujifilm, GE Healthcare, Hologic Inc., iCAD Inc., Invivo Corporation, Koninklijke Philips N.V., Median Technologies, Merge Healthcare Inc., Neusoft Corporation, Parascript LLC, Riverain Technologies, Samsung Medison., Siemens Healthineers, Agfa Healthcare.
The computer aided diagnostics (cadx) market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Computer Aided Diagnostics (CADx) 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 Diagnostics (CADx) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Computer Aided Diagnostics (CADx) 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 Diagnostics (CADx) 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 Diagnostics (CADx) Market Size & Forecast, 2020-2028
4.5.1 Computer Aided Diagnostics (CADx) Market Size and Y-o-Y Growth
4.5.2 Computer Aided Diagnostics (CADx) Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Mammography
5.2.2 Magnetic Resonance Imaging (MRI)
5.2.3 Ultrasound
5.2.4 Tomosynthesis
5.2.5 Computed Tomography (CT)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Oncology
6.2.2 Other Diseases
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Computer Aided Diagnostics (CADx) 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 Diagnostics (CADx) 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Mammography
9.6.2 Magnetic Resonance Imaging (MRI)
9.6.3 Ultrasound
9.6.4 Tomosynthesis
9.6.5 Computed Tomography (CT)
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 Market Size Forecast by Applications
9.10.1 Oncology
9.10.2 Other Diseases
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Mammography
10.6.2 Magnetic Resonance Imaging (MRI)
10.6.3 Ultrasound
10.6.4 Tomosynthesis
10.6.5 Computed Tomography (CT)
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 Market Size Forecast by Applications
10.10.1 Oncology
10.10.2 Other Diseases
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Mammography
11.6.2 Magnetic Resonance Imaging (MRI)
11.6.3 Ultrasound
11.6.4 Tomosynthesis
11.6.5 Computed Tomography (CT)
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 Market Size Forecast by Applications
11.10.1 Oncology
11.10.2 Other Diseases
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Mammography
12.6.2 Magnetic Resonance Imaging (MRI)
12.6.3 Ultrasound
12.6.4 Tomosynthesis
12.6.5 Computed Tomography (CT)
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 Market Size Forecast by Applications
12.10.1 Oncology
12.10.2 Other Diseases
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Mammography
13.6.2 Magnetic Resonance Imaging (MRI)
13.6.3 Ultrasound
13.6.4 Tomosynthesis
13.6.5 Computed Tomography (CT)
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) Market Size Forecast by Applications
13.10.1 Oncology
13.10.2 Other Diseases
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 Diagnostics (CADx) Market: Competitive Dashboard
14.2 Global Computer Aided Diagnostics (CADx) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cadens Medical Imaging
14.3.2 EDDA Technology, Inc.
14.3.3 Fujifilm
14.3.4 GE Healthcare
14.3.5 Hologic Inc.
14.3.6 iCAD Inc.
14.3.7 Invivo Corporation
14.3.8 Koninklijke Philips N.V.
14.3.9 Median Technologies
14.3.10 Merge Healthcare Inc.
14.3.11 Neusoft Corporation
14.3.12 Parascript LLC
14.3.13 Riverain Technologies
14.3.14 Samsung Medison.
14.3.15 Siemens Healthineers
14.3.16 Agfa Healthcare
