Rising awareness of health checkups and increasing investment in the healthcare industry are significant factors driving the growth of the market.
VANCOUVER, BC, CANADA, April 27, 2022 /EINPresswire.com/ —
The global Computer Aided Diagnostics (CADx) market is expected to reach a market size of USD 1.19 billion in 2028 and register a stable CAGR, according to the latest analysis from Emergen Research. Some key drivers for market growth are increasing health awareness initiatives and programs by governments and NGOs, increased accuracy and rapid test results, and growing demand for more efficient tests and procedures in hospitals and health centers.
A mammogram is the main testing step in detecting potential breast cancer or disease. Mammography is a screening tool used to detect and diagnose breast cancer. A digital mammogram turns the X-ray into an electronic image of the breast that records on a computer, and the images are immediately visible. The mammography segment is expected to account for a substantially high revenue share, followed by X-ray and MRI (magnetic resonance imaging) segments during the forecast period.
The report considers COVID-19 pandemic as one of the major influencing factors of the Computer Aided Diagnostics (CAD) market. The report examines in detail the positive and negative impact of the pandemic on the Computer Aided Diagnosis (CAD) industry. Supply chain disruptions and economic volatility have changed the dynamics of the Computer Aided Diagnostics (CAD) industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimate of market growth in a post-COVID-19 scenario.
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Other main findings of the report
• In January 2019, Hitachi High Technologies Corporation acquired all shares of Applied Physics Technologies, Inc., which is an American manufacturer of electron sources. Applied Physics Technologies develops, manufactures and sells electron sources for use in electron microscopes and other instruments.
• Europe accounted for a significantly robust share of the global computer-aided diagnosis market in 2019. Growing use of artificial intelligence and favorable healthcare coverage are some of the key factors driving the growth of the market. The UK, Germany, France, Italy, Spain and Russia currently account for a significantly high market share in Europe, and the trend is expected to continue in the future.
The report further throws light on emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrain the growth of the Computer Aided Diagnostics (CAD) Market. The report further examines in detail the international waters market and emerging trends in these regions. It also offers an overview of the competitive landscape, market drivers, industry scenario, and latest product and technological developments to offer a comprehensive overview of the Computer Aided Diagnostics (CAD) market landscape.
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The Computer Aided Diagnostics (CAD) research report also includes an in-depth study of key industry players along with their business overview, strategic planning, and business expansion plans adopted by them. It helps readers and business owners formulate strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, agreements with companies and governments, etc. The report also talks about the expansions that these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.
Leading companies studied in the Computer Aided Diagnostics (CAD) report are:
FUJIFILM Medical Systems, McKesson Corporation, iCAD Inc., GE Healthcare, Hitachi High Technologies Corporation, EDDA Technology Inc., Philips Healthcare, Meduan Technologies, Hologic Inc. and Merge Healthcare Inc.
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For this report, Emergen Research has segmented the global computer-aided diagnosis (CADx) market based on application, imaging modalities, end-use, and region:
• Application Type Outlook (Revenue: USD Billion; 2018-2028)
o Breast cancer
o Lung cancer
o Liver cancer
• Imaging Modalities Outlook (Revenue: USD Billion; 2018-2028)
o CT scan
• End-Use Outlook (Revenue: USD Billion; 2018-2028)
o Diagnostic centers
Based on regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia-Pacific, Middle East & Africa. The market is expected to be dominated by North American countries, closely followed by European countries. Asia-Pacific is expected to show significant growth due to recent progress and increased investment in the R&D sector.
The report addresses the following key points:
• The report provides a forecast of market drivers, restraints, and future opportunities for the Computer Aided Diagnostics (CAD) Market
• The report further analyzes changing market dynamics
• Regional analysis and market segmentation with analysis of regions and segments expected to dominate market growth
• Comprehensive competitive landscape mapping with key competitor profiles
• In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by key companies
• Revenue forecast, country scope, application information and product information
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