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Global CT Scanner Market – Industry Trends and Forecast to 2030

Healthcare

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Global CT Scanner Market – Industry Trends and Forecast to 2030

  • Healthcare
  • Upcoming Report
  • Jul 2023
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global CT Scanner Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 6.02 Billion
Diagram Market Size (Forecast Year) USD 10.49 Billion
Diagram CAGR %

Major Markets Players

  • Neusoft Corporation
  • Medtronic
  • PLANMED OY
  • Accuray orporated
  • Carestream Health

Global CT Scanner Market, By Type (Stationary CT Scanner, Portable CT Scanner), Device Architecture (C-Arm CT Scanners, O-Arm CT Scanners), Technology (High-Slice CT, Mid-Slice CT, Low-Slice CT, Cone Beam CT), Application (Human Applications, Veterinary Applications, Research Applications), End-Users (Hospitals and Diagnostics Centers, Research Laboratories, Academic Institutes and CROs, Ambulatory Care Centers, Veterinary Clinics and Hospitals, Others) – Industry Trends and Forecast to 2030.

 CT Scanner Market

CT Scanner Market Analysis and Size   

CT scanner is a device designed to assist medical professionals in analyzing and diagnosing a device designed to assist medical professionals in analyzing and diagnosing their patient’s body or seeing within the body of an individual to decide the course of specific treatment. X-rays and computers are utilized to develop the image of the tissues, organs, and bones, among other body parts. They are extensively used to visualize the abdomen, spine, knee, chest, and heart, among others. 

Data Bridge Market Research analyses that the CT scanner market, which was USD 6.02 billion in 2022, would rocket up to USD 10.49 billion by 2030 and is expected to undergo a CAGR of 5.8% during the forecast period. “Hospitals and Diagnostics Centres” dominates the end users’ segment of the CT scanner market owing to the availability of well-qualified physicians and operating staff. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

CT Scanner Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Type (Stationary CT Scanner, Portable CT Scanner), Device Architecture (C-Arm CT Scanners, O-Arm CT Scanners), Technology (High-Slice CT, Mid-Slice CT, Low-Slice CT, Cone Beam CT), Application (Human Applications, Veterinary Applications, Research Applications), End-Users (Hospitals and Diagnostics Centers, Research Laboratories, Academic Institutes and CROs, Ambulatory Care Centers, Veterinary Clinics and Hospitals, Others),

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Neusoft Corporation (China), Medtronic (United States), PLANMED OY (Finland), Accuray Incorporated (United States), Carestream Health (United States), Koning Corporation (United States), NeuroLogica Corp (United States), Canon Medical Systems Corporation (Japan), FUJIFILM Corporation (Japan), General Electric Company (United States), Siemens Healthcare Private Limited (Germany), Koninklijke Philips N.V. (Netherlands), Xoran Technologies, LLC (United States), Mediso Ltd (Hungary), Toshiba Corporation (Japan), Hitachi, Ltd. (Japan) and Samsung Healthcare (South Korea)

Market Opportunities

  • Advanced Imaging techniques
  • Precision medicine and theranostics

Market Definition

CT scanners are medical imaging devices that use X-rays and computer processing to generate detailed cross-sectional images of the body. They are widely used for diagnostic purposes in various medical specialties, aiding in the detection and evaluation of diseases, injuries, and abnormalities.

Global CT Scanner Market Dynamics

Drivers

  • Aging Population and Increased Healthcare Needs

The global population is aging, leading to a higher prevalence of age-related diseases and conditions such as cancer, cardiovascular diseases, and orthopedic disorders. The elderly population often requires frequent medical imaging, including CT scans, for diagnosis, treatment planning, and disease monitoring. The growing aging population, particularly in developed countries, is driving the demand for CT scanners as healthcare providers strive to meet the increasing healthcare needs of this demographic.

  • Growing Adoption of Minimally Invasive Procedures

Minimally invasive procedures have gained significant popularity across various medical specialties. These procedures offer advantages such as reduced risk, shorter hospital stays, faster recovery times, and improved patient comfort. CT scanners play a crucial role in guiding and facilitating image-guided interventions, such as image-guided biopsies, ablations, and vascular interventions. The increasing adoption of minimally invasive procedures is driving the demand for CT scanners as healthcare facilities invest in advanced imaging technology to support these procedures and improve patient outcomes.

Opportunities

  • Advanced Imaging Techniques

The development of advanced imaging techniques, such as spectral imaging and dual-energy CT, holds great potential for the future of CT scanners. These techniques provide additional diagnostic information and enable improved tissue characterization, leading to more accurate diagnoses and personalized treatment plans. Companies investing in research and development to enhance these imaging techniques can gain a competitive advantage in the market.

  • Precision Medicine and Theranostics

The rise of precision medicine and theranostics (a combination of diagnostics and therapeutics) is transforming healthcare practices. CT scanners can play a vital role in guiding targeted therapies and treatment monitoring. Opportunities exist for CT scanner manufacturers to collaborate with pharmaceutical companies and develop integrated solutions that enable precise diagnosis, treatment planning, and therapy response assessment.

Restraints/Challenge

There are various obstacles that may hinder the expansion of the CT scanner market. These challenges include the high cost of CT scanners, safety concerns due to radiation, and limited access to underdeveloped areas. These factors can impede market growth and pose barriers for market players in the forecast period of 2023-2030

This CT scanner market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 the CT scanner Market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In April 2022, Siemens Healthineers has announced that it inaugurated a new production line in Bengaluru, India for manufacturing CT scanners, with the aim to accelerate the growth of medical devices in India.  This has helped the company to expand its manufacturing size.

Global CT Scanner Market Scope

The CT scanner market is segmented on the basis of type, device architecture, technology, application, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Stationary CT Scanner
  • Portable CT Scanner

Device Architecture

  • C-Arm CT Scanners
  • O-Arm CT Scanners

Technology

  • High-Slice CT
  • Mid-Slice CT
  • Low-Slice CT
  • Cone Beam CT

Application

  • Human Applications
  • Veterinary Applications
  • Research Applications

End Users

  • Hospitals and Diagnostics Centers
  • Research Laboratories
  • Academic Institutes and CROs
  • Ambulatory Care Centers
  • Veterinary Clinics and Hospitals
  • Others

CT Scanner Market Regional Analysis/Insights

The CT scanner market is analyzed, and market size insights and trends are provided by country, type of device architecture, technology, application, and end user as referenced above.

The countries covered in the CT scanner market report are the U.S., Canada, and Mexico in North America, Germany, France, the U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the CT scanner market because of the large patient population suffering from chronic diseases, the inclination of patients towards modern technologies, the prevalence of other lifestyle diseases, well-established manufacturers developing innovative CT scanners and rapid technological advancements to develop treatment of critical ailments in the region.

Asia-Pacific is expected to account for the largest market share over the coming years for the CT scanners market due to the high-rising adoption of healthcare technologies all across the region and the dense patient population.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the 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 CT scanner market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the CT scanner market, impact of technology using life line curves, and changes in healthcare regulatory scenarios and their impact on the CT scanner Market. The data is available for the historic period 2015-2020.

Competitive Landscape and CT Scanner Market Share Analysis

The CT scanner market competitive landscape provides details of competitors. 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, and application dominance. The above data points provided are only related to the companies' focus related to CT scanner market.

Some of the major players operating in the CT scanner market are:

  • Neusoft Corporation (China)
  • Medtronic (United States)
  • PLANMED OY (Finland)
  • Accuray Incorporated (United States)
  • Carestream Health (United States)
  • Koning Corporation (United States)
  • NeuroLogica Corp (United States)
  • Canon Medical Systems Corporation (Japan)
  • FUJIFILM Corporation (Japan)
  • General Electric Company (United States)
  • Siemens Healthcare Private Limited (Germany)
  • Koninklijke Philips N.V. (Netherlands)
  • Xoran Technologies, LLC (United States)
  • Mediso Ltd (Hungary)
  • Toshiba Corporation (Japan)
  • Hitachi, Ltd. (Japan)
  • Samsung Healthcare (South Korea) 


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The CT Scanner Market will be worth USD 10.49 billion by 2030.
The CT Scanner Market Growth Rate is 5.8% during the forecast period.
The Aging Population and Increased Healthcare Needs and Growing Adoption of Minimally Invasive Procedures are the Growth Drivers of the CT Scanner Market.
The type, device architecture, technology, application, and end-user are the factors on which the CT Scanner Market research is based.
The Siemens Healthineers has announced that it inaugurated a new production line in Bengaluru, India for manufacturing CT scanners, with the aim to accelerate the growth of medical devices in India are the latest developments in the CT Scanner Market
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