Computer aided detection market expected to reach usd 1 47 billion globally in 2020

Transparency Market Research Computer Aided Detection Market Applications Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

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132 Page Report

01-Aug-2014 Request Sample

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Press Release

Computer Aided Detection Market Expected to Reach USD 1.47 Billion Globally in 2020

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Computer Aided Detection Market

REPORT DESCRIPTION

Computer Aided Detection Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 According to a new market report published by Transparency Market Research “Computer Aided Detection Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,� the global computer aided detection market was valued at USD 0.72 billion in 2013 and is expected to grow at a CAGR of 10.8% from 2014 to 2020, to reach an estimated value of USD 1.47 billion in 2020.

Computer Aided Detection (CAD) is a technique that can help radiologists precisely interpret images and procure potential findings to avoid erroneous interpretation, thereby enhancing the error free diagnosis of various diseases. Currently, the global CAD market is in early growth stage and is highly reliant on its corresponding imaging modality market dynamics for its market penetration. With the increasing use of CAD software solutions for various diagnostic applications such as oncology, cardiovascular, neurological and musculoskeletal, the market can be described to be highly specific, dynamic and competitive with substantial growth potential.

We are currently offering a flat 15% discount on all purchases until end of the March 2015:http://www.transparencymarketresearch.com/computer-aided-detection.html Rising incidence of various types of cancer such as breast, lung, prostate and colorectal cancer is the primary responsible factor for the growth of CAD market. Additionally, advancements in digital imaging techniques, improved efficiencies of CAD solutions, ease of integration of CAD solutions with various imaging equipment and growing awareness among the patients about early detection of cancer have boosted the overall growth of this market. Further, expansion of CAD applications to newer clinical areas, active research and development activities in medical imaging, rapid transition of hospitals to promote automatic workflow integration in their current work environment and rising installation base of CAD solutions in various multispecialty hospitals is further expected to accentuate the growth of this market in coming years. However, certain restraining factors such as lack of adequate clinical data validating the clinical efficacy of CAD solutions in its role of early diagnosis of the disease, disinclination of healthcare professionals in accepting these solutions as a standard imaging tool and premium pricing might hamper

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the growth of this market. Similarly, unfavorable taxation and lack of favorable reimbursement policies in the European and Asian governments have also negatively impacted the growth of this market.

The CAD market for breast cancer application was estimated to be the largest market with a share of more than 70% in 2013 and is predicted to maintain its leading position until the end of forecast period i.e.

2020. Such dominance is observed mainly due to the increasing number of breast cancer detection applications and lower risk of observational errors by using CAD solutions in combination with mammography. Digital mammography offers significantly better diagnosis in early detection of breast cancer than film mammography. Additionally, favorable reimbursement scenario for breast cancer CAD solutions in developed nations and its well-established identity as a supplement tool in diagnosis of breast cancer is further aiding the growth of this market. Simultaneously, in terms of growth rate, the CAD market for lung cancer application is forecast to grow at the fastest growth rate from 2014 to 2020. The faster growth rate of lung cancer CAD market has been attributed to the increasing number of regulatory approvals for various lung cancer detection CAD solutions and rising incidence of the disease.

Geographically the North American market accounted for the largest share of overall CAD market in 2013.

However, Asia-Pacific countries namely Japan, South Korea, Malaysia, Australia, Thailand, India and China are witnessing fast growth and are predicted to emerge as opportunistic markets in the near future owing to growing awareness among patients, education on the importance of early screening by various government agencies and NGOs and increased disposable income in these nations. Additionally, growth in medical tourism in this region is also boosting the adoption of CAD solutions in various multispecialty hospitals.

The major players of this market include Hologic, Inc. iCAD, Inc., Agfa-Gevaert N.V., EDDA Technology, Inc., Fujifilm Medical Systems, Inc., GE Healthcare Ltd., Hitachi Medical Corporation, Invivo Corporation, VuCOMP, McKesson Corporation, Philips Healthcare, Siemens Healthcare, etc.

Get Sample Report Copy with TOC and Market Research :http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1442 The global computer aided detection market is segmented as follows: Computer Aided Detection Market, by Application 

Breast Cancer

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Mammography

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Magnetic Resonance Imaging

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Ultrasound Imaging

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Tomosynthesis

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Nuclear Imaging

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Lung Cancer

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Colorectal Cancer

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Prostate Cancer

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Liver Cancer

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Boner Cancer

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Neurological/Musculoskeletal/Cardiovascular

Computer Aided Detection Market, by Imaging Modalities 

X-Ray Imaging

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Computed Tomography

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Ultrasound Imaging

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Magnetic Resonance Imaging

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Nuclear Medicine Imaging

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Others

Computer Aided Detection Market, by Geography 

North America

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Europe

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Asia Pacific

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Rest of the World (RoW)

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TABLE OF CONTENT

Chapter 1 Introduction 1.1 Report Description 1.2 Research Methodology 1.3 Market Segmentation Chapter 2 Executive Summary 2.1 Market Snapshot: Global Computer Aided Detection (CAD) Market 2.2 Global Computer Aided Detection (CAD) Market, by Application, 2013 (USD Million) 2.3 Global Breast Cancer CAD Market, by Imaging Modalities, 2013 (USD Million) 2.4 Global Computer Aided Detection (CAD) Market, by Imaging Modalities, 2013 (USD Million) 2.5 Comparative Analysis: Global Computer Aided Detection (CAD) Market, by Geography, 2013 & 2020 (Value %) Chapter 3 Market Overview 3.1 Introduction 3.1.1 Flowchart for a Generic CADe Solution For Detection of Lesions in Medical Images

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3.1.2 Flowchart for a Generic CADx Solution For Diagnosis of Lesions in Medical Images 3.2 Market Dynamics 3.2.1 Market Drivers 3.2.1.1 Increasing prevalence of cancer boosts the demand for advanced diagnostics 3.2.1.2 Rising demand for insurance boosts pre-screening requirements and thereby the CAD market 3.2.1.3 General awareness of successful diagnostics encourages the population towards routine checkups 3.2.1.4 Versatility in the technology of CAD promotes auxiliary uses 3.2.1.5 CAD installations in large multispecialty hospitals on the rise 3.2.2 Market Restraints 3.2.2.1 Opposition by conservative medical practitioners 3.2.2.2 Dearth of experienced technicians and programmers 3.2.2.3 Premium pricing of software solutions 3.2.3 Market Opportunities 3.2.3.1 Imaging devices set to evolve 3.2.3.2 Evolution of artificial intelligence (AI) to assist in continuous development of CAD 3.3 Porters Five Forces Analysis: Global Computer Aided Detection (CAD) market 3.3.1 Bargaining Power of Suppliers 3.3.2 Bargaining Power of Buyers 3.3.3 Threat of New Entrants 3.3.4 Threat of Substitutes

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3.3.5 Competitive Rivalry 3.4 Market Attractiveness Analysis of the Global Computer Aided Detection (CAD) Market, by Geography 3.5 Market Share Analysis: Global Computer Aided Detection (CAD) Software Solutions Market, by Key Players, 2013 (Value %) Chapter 4 Global Computer Aided Detection Market, by Application 4.1 Introduction 4.1.1 Global CAD Market Revenue, by Application, 2012 – 2020 (USD Million) 4.2 Oncology 4.3 Breast Cancer 4.3.1 Global Breast Cancer CAD Market Revenue, 2012 – 2020 (USD Million) 4.3.2 Global Breast Cancer CAD Market Revenue, by Imaging Modalities, 2012 – 2020 (USD Million) 4.3.3 Mammography 4.3.3.1 Global Breast Cancer Mammography CAD Market Revenue, 2012 – 2020 (USD Million) 4.3.4 Magnetic Resonance Imaging(MRI) 4.3.4.1 Global Breast Cancer MRI CAD Market Revenue, 2012 – 2020 (USD Million) 4.3.5 Ultrasonography 4.3.5.1 Global Breast Cancer Ultrasonography CAD Market Revenue, 2012 – 2020 (USD Million) 4.3.6 Tomosynthesis 4.3.6.1 Global Breast Cancer Tomosynthesis CAD Market Revenue, 2012 – 2020 (USD Million) 4.3.7 Nuclear Imaging 4.3.7.1 Global Breast Cancer Nuclear Imaging CAD Market Revenue, 2012 – 2020 (USD Million)

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4.3.8 Others 4.3.8.1 Global Breast Cancer CAD Market Revenue for Other Imaging Modalities, 2012 – 2020 (USD Million) 4.4 Lung Cancer 4.4.1 Global Lung Cancer CAD Market, 2012 – 2020 (USD Million) 4.5 Colorectal Cancer 4.5.1 Global Colorectal Cancer CAD Market Revenue, 2012 – 2020 (USD Million) 4.6 Prostate Cancer 4.6.1 Global Prostate Cancer CAD Market Revenue, 2012 – 2020 (USD Million) 4.7 Liver Cancer 4.7.1 Global Liver Cancer CAD Market Revenue, 2012 – 2020 (USD Million) 4.8 Bone Cancer 4.8.1 Global Bone Cancer CAD Market Revenue, 2012 – 2020 (USD Million) 4.9 Cardiovascular and Neurological Indications 4.9.1 Global CAD Market Revenue for Other Applications, 2012 – 2020 (USD Million) Chapter 5 Global Computer Aided Detection Market, by Imaging Modalities 5.1 Overview 5.1.1 Global CAD Market Revenue, by Imaging Modalities, 2012-2020 (USD Million) 5.2 X-ray Imaging 5.2.1 Global X-Ray Imaging CAD Market Revenue, 2012 – 2020 (USD Million) 5.3 Ultrasound Imaging

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5.3.1 Global Ultrasound Imaging CAD Market Revenue, 2012 – 2020 (USD Million) 5.4 Computed Tomography Imaging 5.4.1 Global Computed Tomography Imaging CAD Market Revenue, 2012 – 2020 (USD Million) 5.5 Magnetic Resonance Imaging (MRI) 5.5.1 Global Magnetic Resonance Imaging CAD Market Revenue, 2012 – 2020 (USD Million) 5.6 Nuclear Imaging 5.6.1 Global Nuclear Imaging CAD Market Revenue, 2012 – 2020 (USD Million) 5.7 Others 5.7.1 Global CAD Market Revenue for Other Imaging Modalities, 2012 – 2020 (USD Million) Chapter 6 Global Computer Aided Detection Market, by Geography 6.1 Overview 6.1.1 Global CAD Market, by Geography, 2012 – 2020 (USD Million) 6.2 North America 6.2.1 North America CAD Market Revenue, 2012 - 2020 (USD Million) 6.2.2 North America CAD Market Revenue by Application, 2012 – 2020 (USD Million) 6.2.3 North America CAD Market, by Imaging Modalities, 2012 – 2020 (USD Million) 6.3 Europe 6.3.1 Europe CAD Market Revenue, 2012 - 2020 (USD Million) 6.3.2 Europe CAD Market, by Application, 2012 – 2020 (USD Million) 6.3.3 Europe CAD Market, by Imaging Modalities, 2012 – 2020 (USD Million) 6.4 Asia-Pacific

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6.4.1 Asia-Pacific CAD Market Revenue, 2012 - 2020 (USD Million) 6.4.2 Asia-Pacific CAD Market, by Application, 2012 – 2020 (USD Million) 6.4.3 Asia-Pacific CAD Market, by Imaging Modalities, 2012 – 2020 (USD Million) 6.5 Rest of the World 6.5.1 RoW CAD Market Revenue, 2012 - 2020 (USD Million) 6.5.2 RoW CAD Market, by Application, 2012 – 2020 (USD Million) 6.5.3 RoW CAD Market, by Imaging Modalities, 2012 – 2020 (USD Million) Chapter 7 Recommendations 7.1 Success Strategies (Key Focus Areas) 7.1.1 Strategize Effective Pricing of CAD to Increase Penetration 7.1.2 Target Emerging Markets of Asia Pacific and RoW 7.1.3 Aim for Innovations in Lung and Prostate Cancer CAD Solutions 7.1.4 Intensify Promotion and Introduce Training Programs for Healthcare Professionals Chapter 8 Company Profiles 8.1 Agfa-Gevaert N.V. 8.1.1 Company Overview 8.1.2 Financial Overview 8.1.3 Product Portfolio 8.1.4 Business Strategies 8.1.5 Recent Developments 8.2 EDDA Technology, Inc.

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8.2.1 Company Overview 8.2.2 Financial Overview 8.2.3 Product Portfolio 8.2.4 Business Strategies 8.2.5 Recent Developments 8.3 Fujifilm Medical Systems USA, Inc. 8.3.1 Company Overview 8.3.2 Financial Overview 8.3.3 Product Portfolio 8.3.4 Business Strategies 8.3.5 Recent Developments 8.4 GE Healthcare Ltd. 8.4.1 Company Overview 8.4.2 Financial Overview 8.4.3 Product Portfolio 8.4.4 Business Strategies 8.4.5 Recent Developments 8.5 Hitachi Medical Corporation 8.5.1 Company Overview 8.5.2 Financial Overview 8.5.3 Product Portfolio

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8.5.4 Business Strategies 8.5.5 Recent Developments 8.6 Hologic, Inc. 8.6.1 Company Overview 8.6.2 Financial Overview 8.6.3 Product Portfolio 8.6.4 Business Strategies 8.6.5 Recent Developments 8.7 iCAD, Inc. 8.7.1 Company Overview 8.7.2 Financial Overview 8.7.3 Product and Service Portfolio 8.7.4 Business Strategies 8.7.5 Recent Developments 8.8 Invivo Corporation 8.8.1 Company Overview 8.8.2 Financial Overview 8.8.3 Product Portfolio 8.8.4 Business Strategies 8.8.5 Recent Developments 8.9 McKesson Corporation

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8.9.1 Company Overview 8.9.2 Financial Overview 8.9.3 Product and Service Portfolio 8.9.4 Business Strategies 8.9.5 Recent Developments 8.10 Philips Healthcare 8.10.1 Company Overview 8.10.2 Financial Overview 8.10.3 Product Portfolio 8.10.4 Business Strategies 8.10.5 Recent Developments 8.11 Siemens Healthcare 8.11.1 Company Overview 8.11.2 Financial Overview 8.11.3 Product Portfolio 8.11.4 Business Strategies 8.11.5 Recent Developments 8.12 Toshiba Medical Systems Corporation 8.12.1 Company Overview 8.12.2 Financial Overview 8.12.3 Product Portfolio

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8.12.4 Business Strategies 8.12.5 Recent Developments Browse All Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html

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