The global Computed Tomography (CT) market size is expected to grow to US$ 10.01 billion in 2027 from US$ 7.20 billion in 2022 with increasing CAGR of 6.8%.
CT (computed tomography) imaging is a type of imaging that uses specialized x-ray equipment to create detailed images of inside organs, or scans. Additionally, it is referred to as computerized axial tomography or computerized tomography (CAT). The uses of computed tomography include oncology, neurovascular applications, musculoskeletal applications, abdominal and pelvic applications, pulmonary angiography, and neurovascular applications. The final customers of computed tomography are diagnostic facilities and hospitals. The expanding older population and incidence of chronic diseases, as well as the trend in medical care toward image-guided operations and technology advancements, are all contributing to market growth. According to the International Osteoporosis Foundation (IOF), a fracture occurs every three seconds and affects one in three women and one in five men over the age of 50 worldwide. This condition affects about 200 million people worldwide. The three-dimensional images of bones produced by a CT scan help in diagnosis and treatment. A CT scan produces three-dimensional images of the bones, enabling more precise orthopedic diagnosis and surgery. The need for CT scanners is anticipated to expand along with the prevalence of orthopedic diseases. Mobile CT has the ability to expand the market for participants, improve overall CT use cases, and give leading CT manufacturers a chance to make money.
2022-04-04: Siemens Healthineers Launches New Production Line Of CT Scanners In Bengaluru --
Siemens Healthineers has announced that the company has inaugurated a new production line at the Bengaluru facility to manufacture Computed Tomography Scanners. Siemens Healthineers announced the expansion of its manufacturing facility in India. In its aim to accelerate the growth of medical devices space in the country, the company has launched its new production line (plant) for Computed Tomography Scanners at its Bengaluru facility.
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
North America dominated the computed tomography market in 2020 and is likely to continue to do so during the forecast period, owing to an increase in the incidence of inflammatory diseases, the presence of important companies, the expansion of the healthcare sector, the presence of new revolutionary computer tomography systems, and advancements in computed tomography technology in the region. However, due to an increase in the frequency of chronic diseases, a growth in the demand for early diagnosis, and the development of the healthcare infrastructure, Asia-Pacific is anticipated to see the highest CAGR of 7.8% from 2022 to 2027. The growing geriatric population in the United States is driving market expansion. As the population ages, more chronic diseases and cancer cases are anticipated to be identified. In the United States, approximately 700,000 people will receive a brain tumour diagnosis in 2020, and an additional 87,000 people are expected to receive a diagnosis. All of these elements are therefore anticipated to promote market expansion. During the forecast period of 2022–2027, these are the main reasons that propel this region's growth in the global computed tomography market.
The Computed Tomography (CT) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Computed Tomography (CT) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 6.8% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Siemens Healthineers, GE Healthcare, Philips Healthcare, Toshiba Medical Systems, Hitachi Medical Systems, DxRay, Samsung Medison, MARS Bioimaging, Koning, Siemens AG, Toshiba Corporation, Koninklijke Philips N.V., GE Healthcare, Anke Biotechnology, Neusoft Medical System Co. Ltd, Carl Zeiss Meditec, Shenzhen Anke High-tech Co. Ltd, NeuroLogica Corporation, iThera Medical GmbH |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 163 |
Customization Available | Yes, the report can be customized as per your needs |
What is the growth rate of Computed Tomography (CT) Market?
The Computed Tomography (CT) Market is growing at a CAGR of 6.8% over the next 5 years.
Who are the key players in Computed Tomography (CT) Market?
Siemens Healthineers, GE Healthcare, Philips Healthcare, Toshiba Medical Systems, Hitachi Medical Systems, DxRay, Samsung Medison, MARS Bioimaging, Koning, Siemens AG, Toshiba Corporation, Koninklijke Philips N.V., GE Healthcare, Anke Biotechnology, Neusoft Medical System Co. Ltd, Carl Zeiss Meditec, Shenzhen Anke High-tech Co. Ltd, NeuroLogica Corporation, iThera Medical GmbH
What are the significant types of Computed Tomography (CT) Market?
Cardiovascular, Oncology, Neurovascular, Abdomen & Pelvic, Pulmonary Angiogram, Spinal, Musculoskeletal
What are the major end-use applications of Computed Tomography (CT) Market?
Diagnostic centers, Hospitals, Others
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