Computer Aided Diagnosis Market by Grade, by End-Use Industry and by Region - Global Trends and Forecasts to 2027
According to the latest report by Emergen Research, increasing application of computer aided diagnosis to precisely analyze and diagnose medical images to decide accurate treatment approaches is a key factor expected to drive market revenue growth over the forecast period. Increasing awareness about routine and preventive health checkups, growing demand for effective diagnostic tests, and increasing investment in healthcare sector are some other key factors driving market growth.
Computer-aided diagnosis plays a crucial role in helping physicians decide on a diagnosis in a patient and then the computer confirms the diagnosis acting as a second opinion. Computer-aided diagnosis leverages a pattern recognition software to detect unusual patterns on the diagnostic images to help physicians make accurate diagnosis. CAD can enhance time efficiency as it drastically reduces time needed for diagnosis while reducing noise from images and minimizes errors. Computer-aided diagnosis also increases accuracy in image diagnosis and detects diseases in early stages and cannot be detected by human eyes and this has further boosted its adoption in diagnostics.
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CAD provides an efficient quantitative analysis and is routinely used in clinical checkups. CAD systems provide a second opinion to doctors and is often used as a secondary source of diagnosis. CAD tools have the potential to support radiologists in detection and can effectively improve diagnosis and this is further contributing to revenue growth of the market. However, high costs associated with the CAD tools and systems can hamper its adoption and restrain market growth to a certain extent over the forecast period.
The Global Computer Aided Diagnosis Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Computer Aided Diagnosis Market studies the market scenario to offer growth projections for the Computer Aided Diagnosis Market industry for the forecast period of 2020-2027. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline.
Key players include Toshiba Medical Corp., FUJIFILM Medical Systems, McKesson Corporation, iCAD Inc., GE Healthcare, Hitachi High Technologies Corporation, EDDA Technology Inc., Philips Healthcare, Median Technologies, Hologic Inc., and Merge Healthcare Inc.
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Emergen Research has segmented the global computer aided diagnostics market based on imaging modalities, application, end-use, and region:
Imaging Modalities Outlook (Revenue, USD Billion; 2018–2028)
Mammography
X-Ray
Ultrasound
MRI
CT Scan
Others
Application Type Outlook (Revenue, USD Billion; 2018–2028)
Breast Cancer
Lung Cancer
Liver Cancer
Oncology
Others
End-use Outlook (Revenue, USD Billion; 2018–2028)
Hospitals
Clinics
Diagnostic Centers
Others
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Global Computer Aided Diagnosis Market Geographical Landscape - Synopsis:
The report closely studies the growth trajectory of the global Computer Aided Diagnosis market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
Market Taxonomy:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources
Chapter 2:
Executive Summary
Business trends
Regional trends
Product trends
End-use trends
Chapter 3:
Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
Business Overview
Financial Data
Product Landscape
Strategic Outlook
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