Computer Aided Detection Market Projected to Reach $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=01-08-2024 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 Leading companies in the Computer-Aided Detection (CAD) market include: 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. Page 1 of 2 Meticulous Research| sales@meticulousresearch.com

Computer-aided Detection (CAD) Market- 2024-2031 Imaging Modality: Mammography is the dominant segment due to its critical role in early cancer detection and advancements in mammography systems. 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=01-08-2024 About Meticulous Research : Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 Meticulous Research| sales@meticulousresearch.com