North America Computed Tomography Devices Market, By Product Type (Low Slice CT Scanner (<64 Slices), Medium Slice CT Scanner (64 Slices) and High Slice CT Scanner (>64 Slices)), Application (Cardiovascular Applications, Abdomen and Pelvic Application, Pulmonary Angiogram, Neurovascular Application, Spinal Application, Musculoskeletal Application and Oncology), End-User (Hospitals and Diagnostics Centres), Country (U.S., Canada and Mexico) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Computed Tomography Devices Market
Data Bridge Market Research analyses that the computed tomography devices market will exhibit a CAGR of around 5.65% for the forecast period of 2022-2029. Rising prevalence of lifestyle diseases and chronic disorders, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced healthcare technologies, growth in the geriatric population base and rising expenditure for the development of healthcare infrastructure especially in the developing economies are the major factors attributable to the growth of computed tomography devices market.
Computed tomography devices are the medical devices that use special X-ray instruments for imaging purposes. Computed tomography devices generate detailed images and measurements of the body which in turn is used for diagnostic purposes.
Upsurge in the research and development proficiencies by the life sciences industry is one of the major factors fostering the growth of the market. Growth in the demand for effective diagnostic imaging techniques due to increasing incidence of chronic diseases, rise in consumer inclination towards minimally invasive diagnostic procedures and high adoption of the devices by the diagnostic laboratories are other market growth determinants. Rising westernization, rising patient emphasis on effective and early disease diagnosis and rising medical tourism are other important factors that will further generate lucrative market growth opportunities.
However, improper and unfavourable reimbursement scenario in the developing and underdeveloped economies will derail the market growth rate. Also, high costs associated with research and development proficiencies and with the installation and maintenance will further pose challenges for the market. Dearth of skilled professionals in the backward economies will also hamper the market growth rate.
This computed tomography devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on computed tomography devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Computed Tomography Devices Market Scope and Market Size
The computed tomography devices market is segmented on the basis of product type, application and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the computed tomography devices market is segmented into low slice CT scanner (<64 slices), medium slice CT scanner (64 slices) and high slice CT scanner (>64 slices).
- On the basis of application, the computed tomography devices market is segmented into cardiovascular applications, abdomen and pelvic application, pulmonary angiogram, neurovascular application, spinal application, musculoskeletal application and oncology.
- On the basis of end-user, the computed tomography devices market is also segmented into hospitals and diagnostics centers.
Computed Tomography Devices Market Country Level Analysis
The computed tomography devices market is analysed and market size insights and trends are provided by country, product type, application and end-user as referenced above.
The countries covered in the computed tomography devices market report are U.S., Canada and Mexico.
U.S. in North America region dominates the computed tomography devices market owing to the growing research and development activities in the medical sciences and presence of advanced medical technologies in this region.
The country section of the computed tomography devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The computed tomography devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for computed tomography devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the computed tomography devices market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Computed Tomography Devices Market Share Analysis
The computed tomography devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to computed tomography devices market.
Some of the major players operating in the computed tomography devices market report are Medtronic, Scanco Medical AG, Danaher, FUJIFILM Holdings Corporation, Koning Corporation, Samsung, Shimadzu Corporation, Hitachi, Ltd, Neusoft Corporation, CANON MEDICAL SYSTEMS CORPORATION, Siemens, Koninklijke Philips N.V., GENERAL ELECTRIC COMPANY, Shared Imaging LLC, NCD Corporation, Atlantis Wordwide, and Carestream Health among others.
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