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Global Computer Aided Detection Market is expected to grow at a CAGR of 10.3% over the Forecast Period of 2019– 2025

Infograph - Global Computer Aided Detection Market

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.

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