Computer Aided Detection Market: Trends, outlook and Opportunity Analysis 2019 - 2027

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Global Computer Aided Detection Market: Overview
  • The computer aided detection technology is used for detection and diagnosis of cancer in the healthcare sector. Global Computer-Aided Detection market was valued at US$ 621.4 Mn in 2019 and is expected to reach US$ 1,405.2 Mn by 2027, expanding at a CAGR of 10.7% from 2019 to 2027.
Rise in Incidence of Cancer Drives Demand for CAD
  • The dramatic change in the levels of pollution and changes in lifestyle have, over time, led to a rise in the number of cancer cases. The high incidence of various types of cancer such as prostrate, breast, lunch, colorectal, and others has triggered a need for technologically advanced computer aided detection solutions. These are sophisticated imaging technologies have played a critical role in enabling accurate magnetic resonance imaging, mammography, ultrasound imaging, and nuclear imaging among others. 
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  • Medical researchers and practitioners have only been recently using medical imaging devices that are integrated with computer aided detection. The need for computational assistance came from the increasing demand for error-free detection. With technological advancement, CAD has enabled an accurate assessment of the condition that patient maybe suffering from. 
  • CAD has achieved this by increasing the sensitivity of diagnostic imaging obtained from radiological imaging devices in the practice of medical investigation and differential diagnostics. Statistics released by WHO state, there is a likelihood of a 30% rise in the number of cancer cases by 2038. The organization further reveals that one third out of these will meet a fatal end due to behavioral and dietary risks. Poor body mass index, low fruit and vegetable intake, tobacco use, alcohol use, and lack of physical activity have been identified as the key causes of cancer cases and morbidity.

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