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Computer-aided Detection Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Computer-aided Detection Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Computer-aided Detection Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 26 May 2020
  • Report ID: ICT&S 002
  • Pages:185
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

According to a study published by Insure Insights, the computer-aided detection market is anticipated to grow at a CAGR of 11.4% during the forecast period. Computer-Aided Detection (CAD) is a clinically established tool that aids in diagnosing or detecting cardiovascular, cancer, and neurological diseases. This tool is operated by assisting physicians in decreasing the false-negative rate, reducing cancer mortality rates, detecting cancer at early stages, and other diseases. Moreover, CAD systems are extensively used to help physicians in various tasks that include providing a second opinion to the diagnostic and detection outcomes and automatically recognizing all non-calcified lesions doubted of malignancy at images.

Top Driver: Growing Cancer Treatment Awareness and Massive Investment in R & D

Growing awareness concerning cancer treatment and routine medical check-ups is propelling the demand for the CAD market. Evolution in advanced digital imaging techniques has improved the effectiveness and efficiencies of CAD solutions. Easy integration with other imaging equipment is aiding in the early detection of chronic diseases. Broad applications in clinical and research and development activities and medical tourism are other factors boosting CAD’s adoption. Massive investments in R&D of Computer-Aided Detection with 3D imaging are creating lucrative opportunities for growth of the market.

Breast Cancer to Make Crucial Contribution to Growth of Global Computer-aided Detection Market

On the basis of application, the global computer aided detection market can be segmented into Breast Cancer, Lung Cancer, Rectal Cancer, Liver Cancer, Bone Cancer, Others. Breast cancer segment accounted for a larger market share owing to the rising prevalence of breast cancer across various regions. On the basis of imaging modalities, the market is segmented into Mammography, Magnetic Resonance Imaging, Tomosynthesis, Others. The magnetic resonance imaging to witness huge growth in the market.

Rising Investments in Research and Development to Benefit North America Market

North America is anticipated to gain the largest market share, due to its researchers’ constant efforts to help the industry flourish. The newer technologies coupled with the shifting trends from pattern recognition algorithm and image analysis for workflow management functions especially for the diseases and conditions. Furthermore, Asia Pacific region is anticipated to gain highest CAGR in the market, due to increase in the cost-effective technologies, demand for medical tourism, and government initiatives and programs, which would help the industry gain lucrative growth in the coming years.

Players to Focus on Computer-aided detection Market

The global market is expected to stay fragmented with the increase in the number of new entrants in the coming years. EDDA Technology, Inc., iCAD, Inc., FUJIFILM Medical Systems, Hitachi High Technologies Corporation, Hologic Inc., Vucomp, McKesson Corporation, Philips Healthcare, Siemens Healthcare, and Toshiba Medical Systems Corporation. among others could be at the forefront of the competition in the global market.

FUJIFILM: In February 2020, FUJIFILM Europe GmbH launched a new function known as “CAD EYE,” which was developed by FUJIFILM Corporation to support real-time detection of colonic polyps during colonoscopy utilizing AI technology. CAD EYE’s functionality will be available with software EW10-EC01 and the compatible expansion unit EX-1 in combination with the Fujifilm ELUXEO 7000 system. Fujifilm has already acquired CE mark for this new software EW10-EC01 and it will be launched with EX-1.

Hologic, Inc.: In February 2012, Hologic, Inc., a leading developer, manufacturer and supplier of premium diagnostics products, medical imaging systems and surgical products dedicated to serving the healthcare needs of women, launched four ready-to-market technologies at the European Congress of Radiology (ECR), the annual meeting of the European Society of Radiology in Vienna, Austria, March 1-5.

Scope of the Report

By Application

  • Breast Cancer
  • Lung Cancer
  • Rectal Cancer
  • Liver Cancer
  • Bone Cancer
  • Others

By Imaging Modalities

  • Mammography
  • Magnetic Resonance Imaging
  • Tomosynthesis
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Computer-aided Detection Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Computer-aided Detection Market -Industry Snapshots

6.1             Overview

6.1.1          Global Computer-aided Detection Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Computer-aided Detection Market Analysis, by Application

7.1             Overview

7.2             Key Findings for Computer-aided Detection Market- By Application

7.2.1          Computer-aided Detection Market- Breast Cancer

7.2.2          Computer-aided Detection Market- Lung Cancer

7.2.3          Computer-aided Detection Market- Rectal Cancer

7.2.4          Computer-aided Detection Market- Liver Cancer

7.2.5          Computer-aided Detection Market- Bone Cancer

7.2.6          Computer-aided Detection Market- Others

Chapter 8           Global Computer-aided Detection Market Analysis, by Imaging Modalities

8.1             Overview

8.2             Key Findings for Computer-aided Detection Market- By Imaging Modalities

8.2.1          Computer-aided Detection Market- Mammography

8.2.2          Computer-aided Detection Market- Magnetic Resonance Imaging

8.2.3          Computer-aided Detection Market- Tomosynthesis

8.2.4          Computer-aided Detection Market- Others

Chapter 9           Computer-aided Detection Market Analysis by Region

9.1             Key Findings for Computer-aided Detection Market- By region

9.2             Overview

9.2.1          Global Computer-aided Detection Market Analysis, By Application, 2019 – 2028

9.2.2          Global Computer-aided Detection Market Analysis, By Imaging Modalities, 2019 – 2028

9.3             Computer-aided Detection Market – North America

9.3.1          Overview

9.3.2          U.S.

9.3.3          Canada

9.3.4          Mexico

9.3.5          North America Market, By Application

9.3.6          North America Market, By Imaging Modalities

9.4             Computer-aided Detection Market – Europe

9.4.1          Overview

9.4.2          Germany

9.4.3          United Kingdom

9.4.4          France

9.4.5          Italy

9.4.6          Rest Of Europe

9.4.7          Europe Market, By Application

9.4.8          Europe Market, By Imaging Modalities

9.5             Computer-aided Detection Market – Asia Pacific

9.5.1          Overview

9.5.2          China

9.5.3          Japan

9.5.4          India

9.5.5          Rest of APAC

9.5.6          Asia Pacific Market, By Application

9.5.7          Asia Pacific Market, By Imaging Modalities

9.6             Computer-aided Detection Market – SAMEA

9.6.1          Overview

9.6.2          Middle East & Africa (MEA)

9.6.3          South America

9.6.4          Rest Of World

9.6.5          South America, Middle East and Africa Market, By Application

9.6.6          South America, Middle East and Africa Market, By Imaging Modalities

Chapter 10       Market Competition Analysis

10.1           Market Share/Positioning Analysis

10.1.1       Market Positioning of Key Vendors, 2019

10.1.2       Key Strategies Adopted by the Leading Players

10.1.3       Recent Developments

Chapter 11       Company Profiles- Snapshot

11.1           EDDA Technology, Inc.

11.1.1       Business Fundamentals

11.1.2       Financial Snapshots

11.1.3       Product Portfolio

11.1.4       Recent Developments

11.2           iCAD, Inc.

11.3           FUJIFILM Medical Systems

11.4           Hitachi High Technologies Corporation

11.5           Hologic Inc.

11.6           Vucomp

11.7           McKesson Corporation

11.8           Philips Healthcare

11.9           Siemens Healthcare

11.10        Toshiba Medical Systems Corporation

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 12       Appendix




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