By Infinium Global Research Aug, 2020
The Global
Computer Aided Detection Market is expected to grow at a CAGR of 10.30%
between 2019 and 2025 in terms of value. Growing adoption of computer aided
detection technology in the identification and treatment of cancer drives the
growth of computer aided detection market. Increasing prevalence of cancer
helps in the increasing adoption of computer aided detection system.
Furthermore, an increasing number of death by breast cancer in women contribute
to the growth of computer aided detection market. Computer aided detection
system helps in early detection and treatment for breast cancer. Growing
prevalence of infectious diseases such as tuberculosis fuels the growth of
computer aided detection market. Tuberculosis is the second deadliest
infectious disease, and it can be recovered by proper treatment, and early
detection with the help of computer aided detection system that in turn boosts
the growth of computer aided detection market. Moreover, growing medical
imaging is expected to propel the growth for computer aided detection market.
However, the high cost of computer aided detection system may hamper the growth
of computer aided detection market. Rising investments in the development of
medical devices for treating cancer is expected to provide beneficial
opportunities for the computer aided detection market.
Among the regions, North America dominates the computer aided
detection market. Increasing prevalence of cancer particularly breast cancer in
woman in the region contribute to the growth computer aided detection market.
Computer aided detection technology helps in the diagnosis and treatment of
cancer that in turn adoption of computer aided detection system is increasing
in the region. Growing adoption of advance technologies, increasing awareness
in consumers, increasing expenditure on healthcare contribute to the growth of
computer aided detection market in the region. Europe region holds a prominent
share in the computer aided detection market. Asia Pacific region is
anticipated as the fastest growing region for the computer aided detection
market.