The [FURL=https://www.industryarc.com/Report/16947/computer-aided-detection-market.html?utm_source=BriefingWire&utm_medium=PressRelease&utm_campaign=PaidPressRelease]Computer Aided Detection Market[/FURL] size is forecast to reach $2.6 billion by 2026, growing at a CAGR of 8.7% during the forecast period 2021-2026. Computer Aided Detection is a set of algorithms that uses pattern recognition method and assist physicians with medical images. It is a diagnostic analysis technology that assists in reducing detection errors and is helpful in the diagnosis of several diseases such as cancer, cardiovascular diseases, and neurological diseases among others. Increasing cancer prevalence and raising awareness in the population for regular health checkups are the major factors driving the growth of the market. Rising preference for digital breast tomosynthesis and increasing demand of insurance policies is set to further enhance the overall market demand for the Computer Aided Detection Market for the period 2021-2026.Key Takeaways
North America dominated the Computer Aided Detection Market in 2020 owing to the increasing incidences of breast cancer and development of advanced breast cancer imaging techniques. The Computer Aided Detection Market scope for different regions will be provided in the final report.
Increase in prevalence of chronic diseases and availability of health insurance policies are likely to aid in the market growth of the Computer Aided Detection Market.
Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Computer Aided Detection Market report.
High cost of computer aided detection system and inadequate reimbursement policies are poised to create hurdles for the Computer Aided Detection Market.
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Computer Aided Detection Market Drivers
Increase in Prevalence of Chronic Diseases
Increase in the prevalence of chronic diseases is increasing the growth of the Computer-Aided Detection Market.
Availability of Health Insurance Policies
Availability of health insurance policies is accumulating the growth of the Computer Aided Detection Market. Availability of health insurance policies is important as it provides the best medical care without any strain of finance.
Computer Aided Detection Market, top 10 companies are Hologic Inc., GE Healthcare, Invio Corporation, Paragon Bioscience LLC, Siemens Healthcare, Agfa, Samsung Medicon Co. Ltd., Hitachi Medical Corporation, IBM, and Mckesson Corporation.
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