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Computed Tomography Market – A Boon in Medical Imaging by Top Manufacturers- GE Healthcare, Siemens Healthineers, Hitachi Medical Corporation, NeuroLogica Corporation, Philips Healthcare, Toshiba Medical Systems, Neusoft Medical System, and Shenzen Anke

01-17-2019 08:26 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Coherent Market Insights

Computed Tomography Market

Computed Tomography Market

Growth of the global computed tomography market is primarily attributed to rampant innovation in the CT systems. With rampant innovation in the healthcare industry, key players are focusing on introducing new products to reduce current healthcare burden. For instance, in July 2017, Samsung Electronics healthcare entity — NeuroLogica, introduced BodyTom Elite (BTE) — a full body CT scanner. BTE is an upgraded version of entity’s BodyTom 32-slice CT scanner and has new features such as upgraded software, hardware, and visual design.

Key players in the global computed tomography market include
- GE Healthcare
- Siemens Healthineers
- Hitachi Medical Corporation
- NeuroLogica Corporation
- Philips Healthcare
- Toshiba Medical Systems
- Neusoft Medical System
- Shenzen Anke High-Tech Co

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In addition to above features, the BTE software also includes low dose lung cancer screening to detect abnormalities. In April 2017, Toshiba Medical, Aquilion Lightning 80 CT system (Aquilion). Aquilion is designed to produce high resolution images to help surgeons with faster disease diagnoses and treatment. Additionally, Aquilion is cost effective as compared to premium CT scanners and features PUREViSION CT Detector, and 3D enhanced Adaptive Iterative Dose Reduction for dose reduction and patient safety.

Manufacturers in the healthcare industry are focusing on developing new diagnostic products integrated with advanced technology to deliver better results. Key manufacturers are also collaborating to strengthen their product portfolio related to medical imaging. For instance, in last few months of 2017 prominent players such as Philips Healthcare, Siemens Healthineers, and GE Healthcare entered into collaboration with HeartFlow Inc. — a personalized medical technology company.

The company’s HeartFlow FFRct Analysis is the first non-invasive technology that enables surgeons to diagnose coronary artery disease based on physiology and anatomy. The collaboration with HeartFlow Inc. is expected to enable Philips Healthcare to co-develop iFR or cathlab X-ray angiography image derived FFR solution to enhance workflow. The collaboration agreement with Siemens Healthineers and GE Healthcare is expected to aid in developing CT scanners based on HeartFlow Inc.’s FFRct Analysis platform.

Key players in the market are focusing on launching new products and upgrading its products, which in turn is expected to aid in growth of the market. For instance, in April, 2017, Toshiba Medical, upgraded its Aquilion Lightning 80 CT system (Aquilion). Aquilion is designed to produce high resolution images to help surgeons in faster disease diagnoses and treatment. Moreover, in May 2017, UC Davis Comprehensive Cancer Center (UC Davis) signed a licensing agreement with Isotropic Imaging Corporation — a wholly owned subsidiary of Canada-based Isotropic Corporation — to market CT scanner developed by UC Davis.

The CT scan market is primarily driven by increasing prevalence of cardiovascular diseases, cancer and orthopedic disorders, and increasing geriatric population. According to the National Institute of Health (NIH), in 2016, 8.5% people are aged 65 and over, which is expected to reach 17% of the total global population by 2050. Stringent regulatory framework and product recalls are major factors hindering growth of the computed tomography market. For Instance, in June 2017, GE Healthcare recalled its GE Healthcare Optima CT660, CT680 X-ray system. The reason of recall was defect in its software system.

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Detailed Segmentation:

Global Computed Tomography Market, By Product type:
Low Slice CT Scanner (64 slices)
Global Computed Tomography CT) Market, By Application:
Oncology
Cardiovascular
Neurovascular
Spinal
Others (includes, Abdomen and Pelvic Applications, Pulmonary Angiogram etc.)
Global Computed Tomography Market, By End User:
Hospitals
Diagnostic Centers

Table of Contents

Research Objective and assumption
Research Objectives
Assumptions
Abbreviations
Market Purview
Market Definition and Scope
Market Snippet By Product Type
Market Snippet By Application
Market Snippet By End User
Market Snippet By Region
Report Description
Executive Summary
Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
Drivers
Restraints
Market Opportunities
Market Dynamics
Regulatory Scenario
Collaborations and Agreements
Technical Advancements
Pricing Analysis
New Product Approvals/Launch

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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