Unprecedented Growth Anticipated in Computed Tomography (CT) Scanners Market

The computed tomography (CT) scanners devices and equipment market has exhibited robust growth, surging from $9.24 billion in 2023 to $9.96 billion in 2024, reflecting an impressive compound annual growth rate (CAGR) of 7.9%. Projections indicate continued strong growth, with the computed tomography (CT) scanners devices and equipment market poised to reach $12.79 billion by 2028, sustaining a CAGR of 6.4%. Key drivers influencing this upward trajectory are detailed below.

Rising Prevalence of Cancer and Cardiovascular Diseases Driving Market Growth
The anticipated growth of the computed tomography (CT) scanner devices and equipment market is fueled by the increasing prevalence of cancer and cardiovascular diseases. These multifactorial conditions share overlapping risk factors such as smoking, metabolic syndrome, radiation, age, and air pollution. CT scans play a crucial role in diagnosing tumors and abnormalities related to cancer and cardiovascular diseases. Notably, the American Cancer Society projects an estimated 1.9 million new cancer cases in the United States in 2022, emphasizing the pivotal role of CT scans in disease management.

Geriatric Population Surge as a Growth Catalyst
The computed tomography (CT) scanners devices and equipment market is expected to witness substantial growth due to the rise in the geriatric population. The aging demographic, individuals aged 65 and over, benefits from CT scanner devices and equipment, offering non-invasive diagnostic procedures, early disease detection, treatment planning, detailed imaging, and reduced radiation exposure. The Administration for Community Living reports that the older population reached 55.8 million in 2020, projected to reach 80.8 million by 2040 and 94.7 million by 2060, indicating a sustained demand for CT scanner technology.

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Innovative Products and Technologies Enhance Patient Care
Major companies in the computed tomography (CT) scanners devices and equipment market are at the forefront of innovation, developing advanced products featuring technologies such as photon-counting technology to enhance patient care. Siemens Healthineers, for instance, launched the Naeotom Alpha CT scanner based on photon-counting technology in November 2021. This innovative approach allows for the detection of individual X-ray photons, promising improved diagnostic accuracy, reduced radiation exposure, and standardized results for consistent follow-ups.

Integration of Healthcare IT Technology Revolutionizes the Industry
Companies in the CT scanners devices and equipment industry are driving advancements by integrating medical imaging with healthcare IT technology. This integration facilitates digital access, improving patient safety, enhancing healthcare facilities, and saving time and costs for patients. The data from CT scans are integrated into systems like picture archiving and communication systems (PACS), enabling secure storage, digital transmission, and comprehensive databases for accurate diagnoses across various medical departments.

Regional Dynamics and Market Segmentation
North America emerged as the largest region in the computed tomography scanners devices and equipment market in 2023, with Western Europe securing the second-largest share globally. The comprehensive computed tomography (CT) scanners devices and equipment market report encompasses regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Market Segmentation:
• By Product Type: Low Slice, Medium Slice, High Slice
• By Application: Oncology, Neurology, Cardiovascular, Musculoskeletal, Other Applications
• By End User: Clinics, Diagnostic Services, Hospitals

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Computed Tomography (CT) Scanners Devices And Equipment Global Market Report 2024 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The Computed Tomography (CT) Scanners Devices And Equipment Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on computed tomography (CT) scanners devices and equipment market size, computed tomography (CT) scanners devices and equipment market drivers and trends, computed tomography (CT) scanners devices and equipment market major players, computed tomography (CT) scanners devices and equipment market competitors' revenues, computed tomography (CT) scanners devices and equipment market positioning, and computed tomography (CT) scanners devices and equipment market growth across geographies. The computed tomography (CT) scanners devices and equipment market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the computed tomography (CT) scanners devices and equipment market report and tap into segments with the highest growth potential.

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