Market Research Report
Computer Aided Detection (CAD)
|Published by||Global Industry Analysts, Inc.||Product code||124540|
|Published||Content info||272 Pages
Delivery time: 1-2 business days
|Computer Aided Detection (CAD)|
|Published: July 1, 2020||Content info: 272 Pages||
Global Computer Aided Detection (CAD) Market to Reach $1.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Computer Aided Detection (CAD) estimated at US$619.7 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at aCAGR of 8.3% over the period 2020-2027. Oncology, one of the segments analyzed in the report, is projected to record 8.5% CAGR and reach US$985.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cardiovascular & Neurological Indications segment is readjusted to a revised 7.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $167.6 Million, While China is Forecast to Grow at 11.2% CAGR
The Computer Aided Detection (CAD) market in the U.S. is estimated at US$167.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$224.5 Million by the year 2027 trailing a CAGR of 11.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.6% and 7.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.We bring years of research experience to this 20th edition of our report. The 272-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,