Computer-Aided Detection Industry Forecast to Top $1.56 Billion by 2031

Computer Aided Detection Market Projected to Reach $1.56 Billion by 2031

Computer-aided Detection (CAD) Market- 2024-2031 Meticulous Research leading global market research company, published a research report titled, Computer-aided Detection (CAD) Market by Application (Oncology [Breast, Lung, Colorectal, Liver], Cardiology), Modality (Mammography, MRI, CT, Ultrasound), End User (Hospitals & Clinics, Imaging Centers, Ambulatory Care Centers) - Global Forecast to 2031. Download Free Sample Report@ https://www.meticulousresearch.com/download-sample- report/cp_id=5756?utm_source=pdf&utm_medium=social&utm_campaign=product&utm_co ntent=07-11-2024 According to the latest report by Meticulous Research , the global Computer-Aided Detection (CAD) market is set to soar to $1.56 billion by 2031, with a significant CAGR of 7.4% from 2024 to 2031. This impressive growth is driven by the rising prevalence of chronic diseases, particularly cancer, and the growing recognition of the importance of early cancer detection. Several factors contribute to this market expansion, including heightened investments and funding for cancer research, along with rising healthcare expenditures. The increasing acceptance of CAD among radiologists, advancements in CAD solutions especially those integrating Artificial Intelligence (AI) and Machine Learning (ML) and the rise in cancer screening programs are expected to unlock substantial growth opportunities in the market. However, the market faces challenges such as the high costs associated with CAD solutions and the lack of technical expertise required for their use, which pose hurdles to market growth. Key Players Siemens Healthineers AG (Germany) Koninklijke Philips N.V. (Netherlands) GE HealthCare Technologies Inc. (U.S.) Hologic, Inc. (U.S.) FUJIFILM Holdings Corporation (Japan) EDDA Technology, Inc. (U.S.) Canon Medical Systems Corporation (Japan) Riverain Technologies (U.S.) Future Outlook The CAD market is segmented based on application, imaging modality, end user, and geography. Key segments include: Application: Oncology is the largest segment, driven by increasing awareness of early cancer diagnosis and the proliferation of cancer awareness and screening programs. Imaging Modality: Mammography is the dominant segment due to its critical role in early cancer detection and advancements in mammography systems. Page 1 of 2 Meticulous Research| sales@meticulousresearch.com

Computer-aided Detection (CAD) Market- 2024-2031 End User: Hospitals and clinics constitute the largest end-user segment, fueled by the growing number of healthcare facilities globally and the availability of skilled professionals. Geographic Insights North America: Leads the CAD market, with the U.S. expected to hold the largest market share in the region by 2024. The dominance is attributed to advanced healthcare infrastructure and the presence of key market players. Europe and Asia-Pacific: Follow North America in market share, with growing healthcare investments and infrastructure development. In summary, the CAD market's exponential growth trajectory underscores its pivotal role in revolutionizing cancer diagnosis and healthcare outcomes globally. Buy Now@ https://www.meticulousresearch.com/Checkout/47195957?utm_source=pdf&utm_medium=soc ial&utm_campaign=product&utm_content=07-1-2024 About Meticulous Research : We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with actionable market intelligence tailored to drive revenue transformation and strategic growth. Our insights reveal forward-looking revenue opportunities, providing our clients with a competitive edge through a diverse suite of research solutions syndicated reports, custom research, and direct analyst engagement. Each year, we conduct over 300 syndicated studies and manage 60+ consulting engagements across eight key industry sectors and 20+ geographic markets. With a focus on solving the complex challenges facing global business leaders, our research enables informed decision-making that propels sustainable growth and operational excellence. We are dedicated to delivering high-impact solutions that transform business performance and fuel innovation in the competitive global marketplace. Contact Us: Meticulous Market Research Pvt. Ltd. 1267 Willis St, Ste 200 Redding, California, 96001, U.S. Email- sales@meticulousresearch.com USA: +1-646-781-8004 Europe: +44-203-868-8738 APAC: +91 744-7780008 Visit Our Website: https://www.meticulousresearch.com/ For Latest Update Follow Us: LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 Meticulous Research| sales@meticulousresearch.com