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.
The Global Computer Aided Diagnostics market drivers and restraints Market report provides vital information that prepares market players to give fierce competition to their toughest competitors based on growth, sales, and revenue, among other essential factors. The study has been conducted on the basis of inputs from the industry leaders. Thus, a conscious effort to dive deep and unearth hard to find information pertaining to the growing market landscape and growth prospects over the next few years is clearly visible in the study. The market intelligence report further comprises of discussions about the major vendors operating in the Computer Aided Diagnostics market drivers and restraints space
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.
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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
- U.S.
- Canada
- Europe
- Russia
- U.K
- Germany
- France
- BENELUX
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- Israel
- Rest of MEA
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