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Computer Aided Diagnosis Market: Opportunities and Challenges in a Rapidly Evolving Industry

Computer Aided Diagnosis Market: Opportunities and Challenges in a Rapidly Evolving Industry

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

Global Computer Aided Diagnosis Market research report offers a panoramic view of the Computer Aided Diagnosis Market, regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Computer Aided Diagnosis Market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.

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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.

Key Points Covered in This Section:

Regional contribution

Estimated revenue generation

Vital data and information about the consumption rate in all the leading regional segments

An expected rise in market share

Forecast growth in the overall consumption rate

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Competitive Terrain:

The global Computer Aided Diagnosis industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The key players studied in the report are Hologic, Inc., EDDA Technology, Inc., Siemens Healthcare GmbH, AdvancedMD, Inc., Median Technologies, Riverain Technologies, Agfa-Gevaert Group, McKesson Corporation, Canon Medical Systems, USA, iCAD Inc., and Koninklijke Philips N.V.

Market Overview:

The report bifurcates the Computer Aided Diagnosis market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Emergen Research has segmented the global computer aided diagnosis market based on imaging techniques, application, end-use, and region:

  • Imaging Techniques Outlook (Revenue, USD Million; 2019-2030)

    • Mammography
    • Magnetic Resonance Imaging
    • Ultrasound Imaging
    • Others
  • Application Outlook (Revenue, USD Million; 2019-2030)

    • Breast Cancer
    • Lung Cancer
    • Liver Cancer
    • Others
  • End-use Outlook (Revenue, USD Million; 2019-2030)

    • Hospitals
    • Clinics
    • Medical Diagnostic Centers
    • Others

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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)

Key reasons to buy the Global Computer Aided Diagnosis Market report:

The latest report comprehensively studies the global Computer Aided Diagnosis market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.

The report offers an insightful analysis of the regional outlook of the market.

It offers a detailed account of the end-use applications of the products services offered by this industry.

The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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Thank you for reading our report. To know more about the customization of the report, please get in touch with us, and our team will ensure the report is suited to your requirements.

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