Computer Aided Diagnostics Market Revenue Analysis & Region and Country Forecast To 2028

 


The global computer aided diagnostics (CADx) market is projected to reach a market size of USD 1.19 Billion in 2028 and register a steady CAGR, according to latest analysis by Emergen Research. Some key factors driving market growth are increasing health awareness initiatives and programs by governments and NGOs, increased accuracy and quick testing results, and rising demand for more effective tests and procedures in hospitals and healthcare centers.

A mammogram is the primary testing step in detection of potential breast cancer or disease. Mammography is a screening tool used for detection and diagnosing breast cancer. A digital mammography transforms the X-ray into an electronic image of the breast that saves onto a computer, and images are immediately visible. The mammography segment is expected to account for  substantially high revenue share, followed by X-ray and MRI (magnetic resonance imaging) segments during the forecast period.  

The global computer aided diagnostics (CADx) market is projected to remain highly competitive and fragmented. Major players are focusing on acquisitions and mergers, with key players in North America and Europe focusing on research and development to address rising demand driven by increasing prevalence of cancer in countries in these regions.

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Further key findings in the report

  • In January 2019, Hitachi High Technologies Corporation acquired all shares of Applied Physics Technologies, Inc., which is a U.S. manufacturer of Electron sources. Applied Physics Technologies develops, manufactures, and sells electron sources for usage in electron microscopes and other instruments.
  • Europe accounted for a significantly robust share in the global computer aided diagnostics market in 2019. Increasing use of Artificial Intelligence, and favorable healthcare coverage are some key factors boosting market growth. The United Kingdom, Germany, France, Italy, Spain, and Russia account for significantly high share in the market in Europe currently, and the trend is expected to continue into the future.
  • Key players operating in the global computer aided diagnostics (CADx) market 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.

To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/computer-aided-diagnostics-market

For this report, Emergen Research has segmented the global computer aided diagnostics (CADx) market based on application, imaging modalities, end-use, and region:

Application Type Outlook (Revenue: USD Billion; 2018–2028)

  • Breast Cancer
  • Lung Cancer
  • Liver Cancer
  • Oncology
  • Others

Imaging Modalities Outlook (Revenue: USD Billion; 2018–2028)

  • Mammography
  • X-Ray
  • Ultrasound
  • MRI
  • CT Scan
  • Others

End-use Outlook (Revenue: USD Billion; 2018–2028)

  • Hospitals
  • Clinics
  • Diagnostic Centers
  • Others

Regional Outlook (Revenue: USD Billion; 2018–2028)

  • North America
    1. U.S.
    2. Canada
  • Europe
    1. Russia
    2. U.K
    3. Germany
    4. France
    5. BENELUX
  • Asia Pacific
    1. China
    2. Japan
    3. India
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. Israel
    4. Rest of MEA

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