Computer Aided Detection Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 The global computer aided detection market is extremely consolidated, with the top five players – namely Hologic, Inc., GE Healthcare, Invivo Corporation, Siemens Healthcare, and Agfa-Gevaert N.V. – accounting for nearly three quarters of the market in 2014. Transparency Market Research finds that among these, Hologic alone held a share of 35% that year, emerging as the clear leader. “A diversified product portfolio, well-timed acquisition strategies, and extensive geographical presence have enabled these companies to dominate the market,” the author of the study states. The global rise in the incidence of various cancers is the major factor driving the computer aided detection market, TMR finds. “The number of cancer cases, according to the WHO, is projected to increase by 30% in the next two decades, with Asia, Africa, and South and Central America accounting for most of the world’s new cancer cases and cancer deaths,” the TMR analyst states. This alarming rise in cancer incidence and prevalence has encouraged citizens in developed as well as developing countries to opt for random tests and checkups. Early detection leads to high cure rate, especially in cancer, and the growing adoption of diagnostics and detection equipment is likely to fuel the demand for computer aided detection products.
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