Dublin, July 26, 2024 (GLOBE NEWSWIRE) -- The "Computer Aided Detection (CAD) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Computer Aided Detection (CAD) is estimated at US$1.1 Billion in 2023 and is projected to reach US$2.0 Billion by 2030, growing at a CAGR of 9.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
The integration of AI in CAD systems marks a significant evolution in medical imaging, providing tools that learn from vast datasets to recognize complex patterns and anomalies indicative of diseases such as cancer. This AI integration speeds up diagnostics and reduces human error, aligning with the increasing emphasis on preventative healthcare and early diagnosis.
Beyond general imaging, CAD systems find specialized applications in detecting conditions such as polyps in colonoscopy and lung nodules in pulmonology. Innovations in CAD are also making headways into digital pathology, with ongoing research expanding its applications beyond immunostaining to include broader diagnostic tasks such as analyzing standard H&E stains, highlighting its potential to significantly impact future medical practices.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Computer Aided Detection (CAD) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Computer Aided Detection (CAD) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Mammography Modality segment, which is expected to reach US$759.0 Million by 2030 with a CAGR of a 9.8%. The MRI Modality segment is also set to grow at 8.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $284.5 Million in 2023, and China, forecasted to grow at an impressive 12.3% CAGR to reach $458.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Agfa-Gevaert NV, FUJIFILM Holdings Corporation, GE Healthcare, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 203 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $1.1 Billion |
| Forecasted Market Value (USD) by 2030 | $2 Billion |
| Compound Annual Growth Rate | 9.1% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Computer Aided Detection (CAD) - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Global Economic Update
MARKET TRENDS & DRIVERS
- Increasing Prevalence of Cancer Drives Computer Aided Detection Market Growth
- Need for Early Disease Detection Spur Adoption of CAD
- Integration of AI and Machine Learning in CAD Systems Throws Spotlight on Innovation
- Expansion of Telemedicine and Remote Diagnostics Accelerates Market Growth
- Increasing Demand for Automated Detection Solutions Drives Market Demand
- Rising Investments in Cancer Research Expands Market Horizons
- Growing Focus on Reducing Diagnostic Errors Spurs Adoption of CAD Systems
- Increasing Use of CAD in Breast Cancer Screening Sustains Market Growth
- Rising Demand for CAD in Lung Cancer Detection Here is the Story
FOCUS ON SELECT PLAYERS(Total 103 Featured)
- Agfa-Gevaert NV
- FUJIFILM Holdings Corporation
- GE Healthcare
- Hitachi Ltd.
- Hologic, Inc.
- iCAD, Inc.
- Invivo Corporation
- Koninklijke Philips NV
- McKesson Corporation
- Merge Healthcare, Inc.
- Siemens Healthineers
For more information about this report visit https://www.researchandmarkets.com/r/4qi33x
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