Computed Tomography Market– A Boon in Medical Imaging: GE Healthcare, Siemens Healthineers, Hitachi Medical Corporation, NeuroLogica Corporation, Philips Healthcare

North America accounted for the largest share in the global computed tomography market, followed by Europe in 2016. This is attributed to increasing prevalence of cancer in the region and a large number of skilled healthcare professionals. For instance, according to American Cancer Society, in 2015, approximately 1.7 million new cases of cancer were diagnosed in the U.S.

Additionally, according to the World Health Organization (WHO), around 17.7 million people across the globe died due to cardiovascular disorders. Early detection with diagnostic systems such as the CT scans could aid in reducing the incidence of these disorders. Thus, increasing adoption of computed tomography for providing better diagnostic solutions and to detect abnormalities and fractures in the body is a factor expected to drive growth of the market over the forecast period.

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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. 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.

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.

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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.

Major players operating in the global computed tomography market include: GE Healthcare, Siemens Healthineers, Hitachi Medical Corporation, NeuroLogica Corporation, Philips Healthcare, Toshiba Medical Systems, Neusoft Medical System, and, Shenzen Anke High-Tech Co. Ltd.

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