Spectral Computed Tomography(CT) Market: Technology Innovations and Advancements Spearheading Growth

Spectral computed tomography (CT) is a scanning device that is used for medical imaging for diagnosis in case of cancer, tumor development, cardiovascular impairment, aneurysm and other bone related disorders. Spectral CT has been considered as the next phase of the widely accepted computed tomography (CT) providing an effective imaging modality. The computed tomography reconstructs an object's internal structure, from a sequence of X-ray transmission images. Computed tomography functions by detecting the number of photons that hits the detector and attenuation in relation to the photons emitted by the X-ray tube that does not interact with the body. However, these detectors do not differentiate among the varied frequencies of the photons and provide monochromatic reconstructed image. These limitations of conventional CT support the development of spectral CT, leading to an increase in the growth of the overall spectral CT market.

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The spectral CT market size is expected to grow significantly during the forecast period. The major factor driving this growth include the preference for spectral CT over conventional CT, since spectral CT offers comprehensive application base and constructs superior spectral derived images. Moreover, with the growing geriatric population, there has been increase in number of age-related disease. Additionally, unhealthy lifestyle has also led to an increased prevalence of chronic diseases. All the aforementioned factors are expected to drive the growth of the global market. Further, research in the field of unknown and rare diseases demand higher imaging and resolution techniques that are expected to favor the growing market of spectral CT.

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North America holds the largest share of the global spectral CT market due to rise in geriatric population and increasing prevalence of diseases in the region. The ease of accessibility to advanced technologies is expected to make North America leading the spectral CT market followed by Europe. Asia-Pacific is expected to witness the fastest growth due to the rising awareness among the population with respect to healthcare and consequent increase in healthcare expenditure.

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In February 2017, GE Healthcare announced the FDA approval of its GSI Xtream on Revolution CT, first of the volume spectral CT technology, that claims improved detection, tissue characterization and metal artifact reduction, with ease in operation.

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