Computer Aided Diagnosis Market: A Study of the Industry's Evolving Landscape

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Increasing demand for multi-modal devices that combine several functions is a key factor driving market revenue growth

The objectives of this study are to define, segment, and project the size of the Computer Aided Diagnosis Market based on company, product type, application and key regions.

The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Computer Aided Diagnosis Market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.

The global computer aided diagnosis market size was USD 742.8 Million in 2021 and is expected to register a revenue CAGR of 7.1% during the forecast period. Increase in number of patients and need for computer aided imaging and cancer detection techniques globally is driving market revenue growth. Computer aided diagnostic devices are equipped with high-end facilities, which enhance degree of accuracy and quality of diagnostic outputs, thereby allowing improved oncological diagnosis.

Rapid integration of Artificial Intelligence (AI) in imaging modalities decreases level of manual errors that get generated during the diagnostic process. In addition, improved accuracy mediated by AI upgrades patient healthcare, thereby generating a surge in demand for computer aided diagnostic devices in clinical therapies.

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In the recent years, there has been an increasing awareness among patients regarding early diagnosis of cancer owing to the fact that detection and diagnosis of cancer at its early stage can decrease probability of cancer-mediated death significantly. Successful treatment of cancer owing to its early detection is driving surge in patients opting for routine oncological health checkup. In addition, market companies and researchers are developing smart diagnostic and imaging instruments that incorporate a variety of sensors and high-resolution lenses, which simplify the operation process.

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

Key Companies Profiled in the Report:

Toshiba Medical Systems Corp., Agfa-Gevaert N.V, Philips Healthcare, Hologic, Inc., iCAD, Inc., Invivo Corporation, G.E. Healthcare Ltd., Siemens Healthcare, McKesson Corporation

Segmental Analysis

The global Computer Aided Diagnosis market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Computer Aided Diagnosis sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

Segments Covered in this report are:

  • Global Computer-Aided Diagnosis Market Segmentation By Imaging Modalities:
    • Mammography
    • Computed tomography
    • Ultrasound imaging
    • Magnetic resonance imaging (MRI)
    • Tomosynthesis
  • Global Computer-Aided Diagnosis Market Segmentation By Application:
    • Breast cancer
    • Lung cancer
    • Prostate cancer Liver cancer
    • Colorectal cancer
    • Bone cancer
    • Others (cardiovascular and neurological indications)
  • Global Computer-Aided Diagnosis Market Segmentation By End-User:
    • Diagnostic centers
    • Research centers
    • Hospitals

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The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Regional Analysis Covers:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Radical Features of the Computer Aided Diagnosis Market Report:

The report encompasses Computer Aided Diagnosis market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements

An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently

Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies

Supply chain analysis along with technological advancements offered in the report

The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Computer Aided Diagnosis industry

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