The global Computer Aided Diagnostics (CADx) Market size was valued at USD 5.62 Billion in 2022. It is expected to expand at a compound annual growth rate (CAGR) of 13.3% from 2022 to 2030.

Computer Aided Diagnostics (CADx) Market Overview

Computer Aided Diagnostics (CADx) involves the use of computer-generated imaging software to assist physicians in patient care, and the use of this technology by radiologists has increased significantly in recent years. Research has shown that detecting breast cancer with the help of computer-aided diagnostics is becoming increasingly accurate and useful. The growing use of artificial intelligence in the healthcare industry has made the diagnostic process easier, more convenient and more accurate. Computer-aided diagnostics are not designed for diagnosing any specific type of cancer, but CADx is more widely used for breast cancer detection. Mammography is an imaging technique used to detect breast cancer.

Contrive Datum Insights has recently published the Computer Aided Diagnostics (CADx) Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global Computer Aided Diagnostics (CADx) market.

Some of the key players profiled in the study are:

Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on various top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Cadens Medical Imaging, EDDA Technology, Inc., Fujifilm, GE Healthcare, Hologic Inc., iCAD Inc., Invivo Corporation, Koninklijke Philips N.V., Median Technologies, Merge Healthcare Inc., Neusoft Corporation, Parascript LLC, Riverain Technologies, Samsung Medison Co. Ltd., Siemens Healthineers, Agfa Healthcare, and others.

Industry Development

• In January 2019, Hitachi High-Technology Corporation acquired all shares of Applied Physics Technologies, Inc., a U.S. manufacturer of electron sources. Applied Physics Technologies develops, manufactures and sells electron sources for electron microscopes and other instruments.
• In September 2019, FUJIFILM Medical Systems acquired a stake in Yokogawa Medical Solutions Corporation, a provider of IT systems for radiology departments. FUJIFILM provides a variety of medical information technology systems and products worldwide, including picture-archiving communication systems.

What are the major Applications, Types, and Regions for the Computer Aided Diagnostics (CADx) Market?

On the Basis of Type:

• Mammography
• Magnetic Resonance Imaging (MRI)
• Ultrasound
• Tomosynthesis
• Computed Tomography (CT)

On the Basis of Application Type 

• Breast Cancer
• Lung Cancer
• Liver Cancer
• Oncology
• Others

On the Basis of Application:

• Hospitals
• Clinics
• Diagnostic Centers
• Others

Computer Aided Diagnostics (CADx) Market Regional Insights:

Asia Pacific is expected to register a CAGR of 8.6% in terms of revenue during the forecast period. The Asia Pacific market is expected to register the fastest growth rate compared to other regional markets during the forecast period. Technological advancements in the healthcare sector and well-equipped diagnostic centers are some of the key factors expected to support market growth. Revenue contributions from the markets of China, India, Japan, Australia, and Korea are expected to remain robust over the forecast period.
Europe holds a significant share of the global computer-aided diagnostics market. Increasing use of artificial intelligence and favorable healthcare coverage and benefits in countries in the region are some of the major factors fueling market growth. The UK, Germany, France, Italy, Spain, and Russia have high revenue share contributions in the European market.
North America is also a major market for computer aided diagnostics. Increasing investments in the healthcare sector, improved and advanced healthcare facilities, infrastructure, and processes, and increasing use of health screening awareness initiatives by regional and national governments are factors supporting the growth of the North American market. The US is expected to continue to account for a significantly higher revenue share contribution over the forecast period.

Geographically, the global Computer Aided Diagnostics (CADx) market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.

Computer Aided Diagnostics (CADx) Market Report Scope:

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