Computer-Aided Detection (CAD) Software Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 5.4 Billion by 2030, growing at a CAGR of 10.5% from 2024 to 2030.
The global Computer-Aided Detection (CAD) software market was valued at approximately USD 865 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 10.4% during the forecast period of 2022 to 2030. CAD software is widely used in medical imaging for early detection of cancer and other abnormalities, driving demand in healthcare applications. The rising prevalence of chronic diseases, especially breast cancer and lung cancer, along with advancements in imaging technologies, has significantly contributed to the growth of the market. Increasing awareness of preventive healthcare and the need for precise diagnosis also add to the adoption of CAD tools. The North American market dominates the global landscape, accounting for a substantial share due to high healthcare spending and technological adoption, while Asia-Pacific shows promising growth due to improving healthcare infrastructure.Emerging markets present a strong growth opportunity, especially in regions where healthcare infrastructure is advancing and awareness of medical imaging is increasing. The rising geriatric population and an increasing number of medical imaging procedures are expected to fuel demand for CAD software in countries with developing economies. Moreover, the integration of CAD software with artificial intelligence and machine learning is opening new doors for enhanced accuracy and efficiency in diagnostics, further driving market growth. Technological innovation, along with regulatory approval for CAD software, will also play a crucial role in expanding its application across various medical fields.
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CureMetrix
Agfa-Gevaert N.V
iCAD
Inc Hologic
G.E Healthcare
Invivo Corporation
Philips Healthcare
Siemens Healthcare
Toshiba Medical Systems
McKesson Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Computer-Aided Detection (CAD) Software Market
Oncology
Cardiovascular
Neurological Indications
Based on Types the Market is categorized into Below types that held the largest Computer-Aided Detection (CAD) Software market share In 2023.
X-Ray Imaging
Computed Tomography
Ultrasound Imaging
Magnetic Resonance Imaging
Nuclear Medicine Imaging
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Computer-Aided Detection (CAD) Software Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Computer-Aided Detection (CAD) Software Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Computer-Aided Detection (CAD) Software Market, By Type
6. Global Computer-Aided Detection (CAD) Software Market, By Application
7. Global Computer-Aided Detection (CAD) Software Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Computer-Aided Detection (CAD) Software Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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