Dublin, Feb. 20, 2024 (GLOBE NEWSWIRE) — The “Computed Tomography (CT) Scanners – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Computed Tomography (CT) Scanners Market to Reach $12.8 Billion by 2030
The global market for Computed Tomography (CT) Scanners estimated at US$8 Billion in the year 2022, is projected to reach a revised size of US$12.8 Billion by 2030, growing at a CAGR of 6.1% over the analysis period 2022-2030. High-End Slice, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$4.5 Billion by the end of the analysis period. Growth in the Mid-End Slice segment is estimated at 5.9% CAGR for the next 8-year period.
CT scanners play a crucial role in enabling advanced non-invasive patient care by meeting unique imaging needs, particularly highlighted during the COVID-19 pandemic. The impact of COVID-19 on the medical imaging market has been significant, with a spotlight on lung ultrasound driving demand for portable ultrasound and CT imaging. The pandemic has acted as a catalyst for increased demand for CT scanners, highlighting their importance in diagnosing and monitoring respiratory conditions. CT scanners, with their evolving technology and various components, offer diverse clinical applications across different medical specialties.
The global market outlook for CT scanners is promising, with high-slice CT scanners expected to drive future growth, especially in oncology applications. Hospitals represent the largest end-use market, with developed countries leading the global market while developing regions show potential for high growth.
The competitive landscape is robust, with players worldwide exhibiting strong, active, or niche market presence in 2023. Service contracts have emerged as a focus area for manufacturers to enhance customer satisfaction and loyalty. Recent market activity reflects ongoing advancements and innovations in CT scanning technology to meet evolving healthcare needs.
The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 8.1% CAGR
The Computed Tomography (CT) Scanners market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 5.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.4 Billion by the year 2030.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
Report Attribute | Details |
No. of Pages | 643 |
Forecast Period | 2022 – 2030 |
Estimated Market Value (USD) in 2022 | $8 Billion |
Forecasted Market Value (USD) by 2030 | $12.8 Billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
MARKET TRENDS & DRIVERS
- Medical Imaging Equipment: Significant Role in the Healthcare Industry
- Superior Attributes over Other Imaging Technologies Drive Steady Adoption of CT Scanners
- Reduction in Image Reconstruction Time & Enhanced Clinical Functionality: Key Benefits of CT Scanners
- CT Scanning Outclasses Traditional 2D Radiography
- Noteworthy Advances Redefining Traditional Envelope of CT Scanners
- TUM Research Team Combines Conventional Technology with Dark-field X-Ray to Create a New Clinical CT Scanner Device Prototype
- AI-Assisted CT Imaging to Make Gains
- Trends Unleashing a Treasure Trove of Benefits for CT Scanners to Improve Imaging & Diagnoses
- Portable CT Scanners to Witness Wider Adoption Owing to the Many Benefits Offered
- Mobile CT Scanners Improve Access to Healthcare
- AI & Mobile CT Scanners: The Two Power Players in Medical Imaging Town
- Growing Adoption of Hybrid Diagnostic Imaging Modalities
- SPECT Combined with CT and PET, the new Rage
- Integration of X-ray CT Enhances SPECT Capabilities
- Hybrid CT Fluoroscopy in IR to Witness Increased Utilization
- Shift towards Image-Guided Interventions and Minimally Invasive Procedures: Foundation for Market Growth
- Rise in Number of Diagnostic Imaging Centers to Drive Demand for CT Scanning Equipment
- Rising Cancer Incidence Drives Need for CT Scanners
- Increasing Burden of Cardiovascular Diseases Enhances Importance of CT Scanning for Early Detection
- Keeping Finger on Pulse of Dynamic Advances in Cardiac CT Imaging
- CT-Guided Interventional Radiology Continues to Gain Prominence
- 3D CT Imaging Set to Widen its Footprint in Orthopedic Treatment
- Radiation Dose Monitoring Solutions Enable Advanced Image Quality and Improved Patient Care
- Integration of CT Scans and Healthcare IT Systems Accelerates Analysis and Assessment
- Adoption of Micro-Computed Tomography Gains Momentum in Endodontic Procedures
- Value and Efficiency Preferred over Royalty
- Low-Dose Annual CT Screening Gains Momentum
- Healthcare Needs of Aging Global Population: Opportunity for CT Scanners Market
- Growing Health-Consciousness Among Population
- Emphasis on Preventive Care
- Increasing Healthcare Expenditure Lends Traction to Market Growth
- Age-Associated Health Conditions Present Challenges in CT Scanning
- Clinicians Struggle with Set of Challenges Incited by Mighty Pace of CT Advances
- Major Challenges Confronting the CT Scanners Market
FOCUS ON SELECT PLAYERS(Total 67 Featured)
- Canon Medical Systems Corporation
- GE Healthcare
- Hitachi Healthcare Americas
- Hitachi Ltd.
- Koninklijke Philips N.V.
- NeuroLogica Corporation
- Neusoft Medical Systems Co. Ltd.
- Shenzhen Anke High-tech Co. Ltd.
- Siemens Healthineers
For more information about this report visit https://www.researchandmarkets.com/r/tltrsg
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- Computed Tomography (CT) Scanners Market