WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Website Related Online Marketing Monday, February 19, 2018 
Add Press Release News | News Feeds Feeds | Email This News Email


Global Computer Aided Detection Market: Breast Cancer Emerges as the Key Application Segment, Says TMR
Wednesday, February 14, 2018

ALBANY, New York, February 14, 2018 /PRNewswire/ --

According to the report, the global computer aided detection market [https://www.transparencymarketresearch.com/computer-aided-detection.html ] is projected to reach US$1115.3 mn by the end of 2025. The global market is expected to surge at CAGR of 9.8% from 2017 to 2025. The report points out that the computer aided detection technology will be predominantly used for detection and diagnosis of breast cancer in the healthcare sector. Owing to this reason, the breast cancer segment held a share of 70% in the global market in 2016 and is expected to continue on similar lines. Geographically, North America is leading the global with a share of 62%. High incidence of cancer in the region and better healthcare facilities are driving this regional segment.

Rise in Incidence of Cancer Drives Demand for CAD 

The dramatic change in the levels of pollution and changes in lifestyle have, over time, led to a rise in the number of cancer cases. The high incidence of various types of cancer such as prostrate, breast, lunch, colorectal, and others has triggered a need for technologically advanced computer aided detection solutions. These are sophisticated imaging technologies have played a critical role in enabling accurate magnetic resonance imaging, mammography, ultrasound imaging, and nuclear imaging among others. This has increased the demand for CAD in multispecialty hospitals, ensuring growth of this market in coming years. The market is also being driven by exceptional advancements in digital imaging, development of efficient CAD solutions, quick integration of CAD solutions in a wide range of imaging equipment, and growing awareness among the patients about early detection of cancer.

Get PDF Brochure for Research Insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1442

Medical researchers and practitioners have only been recently using medical imaging devices that are integrated with computer aided detection. The need for computational assistance came from the increasing demand for error-free detection. With technological advancement, CAD has enabled an accurate assessment of the condition that patient maybe suffering from. CAD has achieved this by increasing the sensitivity of diagnostic imaging obtained from radiological imaging devices in the practice of medical investigation and differential diagnostics. Statistics released by WHO state, there is a likelihood of a 30% rise in the number of cancer cases by 2038. The organization further reveals that one third out of these will meet a fatal end due to behavioral and dietary risks. Poor body mass index, low fruit and vegetable intake, tobacco use, alcohol use, and lack of physical activity have been identified as the key causes of cancer cases and morbidity.

Request a Custom Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=1442

Unfavorable Policies to Restrain Global CAD Market 

On the negative side, the market is being restrained by a few complex dynamics. Currently, the global CAD market is challenged by inadequate data supporting the efficiency of CAD solutions in early diagnosis of the diseases. The market is also likely to be restrained by the disinterest of healthcare professionals in incorporating latest technologies for imaging purposes due to their premium pricing. Furthermore, the market is also being troubled by the unfavorable taxation policies and poor reimbursement schemes, especially in the developing parts of the world.

Transparency Market Research (TMR) states that EDDA Technology, Inc., Agfa-Gevaert N.V., Hologic, Inc., Fujifilm Medical Systems, Inc., and iCAD, Inc. are some of the leading players in the global computer aided detection (CAD) market. The competitive landscape is quite fragmented, reports TMR. The competition is expected to intensify in the coming years as several new players and startups are entering the market with technological upgrades. Mergers and acquisitions and technological innovation are expected to give the international players an edge over others in the near future.

Purchase your own copy of Report at https://www.transparencymarketresearch.com/checkout.php?rep_id=1442&ltype=S      

This review is based on Transparency Market Research's report, titled "Computer Aided Detection Market (Application - Oncology (Breast Cancer, Lung Cancer, Colorectal Cancer, Prostate Cancer, Liver Cancer, and Bone Cancer) and Cardiovascular and Neurological Indications; Imaging Modality - Mammography, MRI, Ultrasound, Tomosynthesis, and CT) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2025".

Key Takeaways: 

        
        - Increased the demand for CAD in multispecialty hospitals, ensuring growth of this
          market in coming years.
        - The need for computational assistance came from the increasing demand for error-free
          detection.

The global computer aided detection market has been segmented as follows:

Computer Aided Detection Market, by Application 

        
        - Oncology
             - Breast Cancer
             - Lung Cancer
             - Colorectal Cancer
             - Prostate Cancer
             - Liver Cancer
             - Bone Cancer
             - Others
        - Cardiovascular and Neurological Indications

Computer Aided Detection Market, by Imaging Modality 

        
        - Mammography
        - MRI
        - Ultrasound Imaging
        - Tomosynthesis
        - CT
        - Others

Computer Aided Detection Market, by Geography 

        
        - North America
             - U.S.
             - Canada
        - Europe
             - Germany
             - U.K.
             - Rest of Europe
        - Asia Pacific
             - Japan
             - China
             - Rest of Asia Pacific
        - Latin America
             - Brazil
             - Rest of Latin America
        - Middle East and Africa
             - South Africa
             - Rest of Middle East & Africa

Popular Research Reports by TMR: 

        
        - Oncology Information System Market:  

https://www.transparencymarketresearch.com/oncology-information-system-market.html

        
        - Image Guided Surgery Devices Market:  

https://www.transparencymarketresearch.com/image-guided-surgery.html

About Us 

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

        

        Contact 
        Transparency Market Research 
        State Tower, 
        90 State Street, 
        Suite 700, 
        Albany NY - 12207 
        United States 
        Tel: +1-518-618-1030 
        USA - Canada Toll Free: 866-552-3453 
        Email: sales@transparencymarketresearch.com  


 

Website: http://www.transparencymarketresearch.com Research Blog: https://theglobalhealthnews.com

SOURCE Transparency Market Research



Email This News Email | Submit To Slashdot Slashdot | Submit To Digg.com Digg | Submit To del.icio.us Del.icio.us | News Feeds Feeds

RELATED NEWS ARTICLES
Nav Latin American e-Commerce Platform Linio Partners With Digital Agency AdBirds | Feb 19, 2018
Nav Infosys Recognised as a Top Employer in Europe | Feb 19, 2018
Nav VTech® Drives Exciting New Go! Go! Smart Wheels® Toys into 2018 North American International Toy Fair® | Feb 18, 2018
Nav Final Call: St Kitts and Nevis Say Last Opportunity to Invest in Platinum Standard Citizenship at Hurricane Relief Fund's Reduced Price | Feb 18, 2018
Nav ODEM.IO Opens Crowdsale for World's First Education Marketplace | Feb 17, 2018
Nav VTech® Expands Baby, Infant, Toddler and Preschool Lines with Engaging New Products that Promote Discovery | Feb 17, 2018
Nav American Marketing Association's Atlanta Chapter Announces The 2018 AMY Awards Finalists | Feb 16, 2018
Nav Instructure Announces Q1 2018 Investor Conference Participation | Feb 16, 2018
Nav Global Cloud Storage Market 2018-2022: Major Vendors are AWS, IBM, Microsoft, Google, Oracle, HPE, Dell EMC, VMware, Rackspace, and Dropbox | Feb 16, 2018
Nav Cubic Presents the Importance of Financial Engine to Mobility-as-a-Service at London Conference | Feb 16, 2018
NEWS SEARCH

FEATURED NEWS | POPULAR NEWS
Submit News | View More News View More News