incidence of cancer in these regions and the gradual rise in disposable
income of the average population of Asia.
The major players of this market include Agfa-Gevaert N.V, EDDA
Technology, Inc., iCAD, Inc., Hologic, Inc., G.E Healthcare Ltd, Invivo
Corporation, Philips Healthcare, Siemens Healthcare, Toshiba Medical
Systems Corp., McKesson Corporation, to name a few. Among these
afore-mentioned companies, Hologic, Inc. was the leading player of
this market; this was attributed to the company’s diversified product
portfolio, extensive geographical presence and acquisition strategies
that enabled the company to lead the global CAD market. The
company’s “ImageChecker”, “SecureView”, and “Aegis” products have
seen a huge growth in popularity and were deemed reliable among
many medical practitioners. In 2012, Hologic’s acquisition of GenProbe, Inc., engaged in developing, manufacturing and marketing of