Computed Tomography (CT) Scanners Devices And Equipment Market Size, Share, Analysis, Growth, Trends And Outlook

The computed tomography (ct) scanners devices and equipment market size has grown strongly in recent years. It will grow from $9.24 billion in 2023 to $9.96 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to diagnostic imaging advancements, aging population, trauma and emergency care, oncology and cancer diagnosis.

The computed tomography (ct) scanners devices and equipment market size is expected to see strong growth in the next few years. It will grow to $12.79 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to emerging markets growth, regulatory support, radiation reduction, value-based healthcare. Major trends in the forecast period include cardiac ct imaging, dual-energy ct, portable and point-of-care ct, 4d imaging.

Market Overview -
Computed tomography (CT) scanner devices and equipment are used in the diagnosis of various diseases including cancer, bone-related diseases, cardiovascular diseases, gynecological diseases, urological diseases, and other diseases. CT scanners use computer-controlled X-rays to create images of the body.

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Rising Prevalence Of Cancer And Cardiovascular Diseases Fueling Growth In The Computed Tomography (CT) Scanner Devices And Equipment Market
The rising prevalence of cancer and cardiovascular diseases is expected to propel the growth of the computed tomography (CT) scanner devices and equipment market going forward. Cancer and cardiovascular diseases (CVD) are multifactorial, with highly overlapping risk factors, including smoking, metabolic syndrome, radiation, age, and air pollution. CT scans can be used to diagnose the presence of tumors and other abnormalities in the body, including those related to cancer and CVD. It is used to plan and guide interventional or therapeutic procedures, such as cryotherapy, radiofrequency ablation, and the implantation of radioactive seeds. For instance, according to the Cancer Facts and Figures 2022 report published by the American Cancer Society, a US-based professional organization company, there will be an estimated 1.9 million new cancer cases diagnosed in the United States in 2022. This is an increase from the 1.8 million new cancer cases reported in 2020. However, the estimated number of cancer deaths in 2022 is slightly higher than in 2021, with 609,360 cancer deaths projected in 2022 compared to 608,570 in 2021. Thus, the rising prevalence of cancer and cardiovascular diseases is driving the growth of the computed tomography (CT) scanner devices and equipment market.

Competitive Landscape -
Major companies operating in the computed tomography (CT) scanners devices and equipment market include GE Healthcare, Koninklijke Philips N.V., Hitachi Ltd., Siemens Healthineers, Canon Medical Systems Corporation, Neusoft Medical Systems, NeuroLogica Corp., Samsung Electronics, Shimadzu Corporation, Amber Diagnostics, Shenzhen Anke High-Tech, Fujifilm Holdings Corporation, Koning Corporation, Danaher Corporation, Medtronic plc, ScanCO Medical AG, United Imaging, Carestream Health, Planmed Oy, Sectra, Atlantis Worldwide LLC, NCD Company, Dunlee, Shared Imaging, United Imaging, Canon Medical Systems Corporation, Accuray, Allengers Medical Systems, Animage, Carestream Health, DDD-Diagnostic, Fujifilm Medical Systems, Hologic, Konica Minolta Healthcare, MEDI-FUTURE, Medrad, Medtronic plc, MT.DERM Group, Neusoft Medical Systems, Palladium, Perlong Medical, Philips Healthcare, QR s.r.l., Samsung Healthcare, Shimadzu Corporation, Toshiba Medical Systems Corporation, Xoran Technologies

Siemens Healthineers Pioneers Medical Imaging With Photon-Counting Technology In Naeotom Alpha Ct Scanner
Major companies operating in the computed tomography (CT) scanner devices and equipment market are developing innovative products with advanced technologies such as photon-counting technology to better serve patients. Photon-counting technology is a new innovation in computed tomography that allows for the detection of individual X-ray photons. For instance, in November 2021, Siemens Healthineers, a Germany-based healthcare company launched Naeotom Alpha based on photon-counting technology. The Naeotom Alpha CT scanner is equipped with a QuantaMax detector that directly converts X-rays into an electrical signal, which is then used to create an image. Photon-counting technology is a promising innovation in computed tomography that has the potential to improve the accuracy of diagnoses, reduce the risk of radiation exposure for patients, and provide standardized results for more consistent follow-ups.

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Key Segments -
The computed tomography (ct) scanners devices and equipment market covered in this report is segmented -
1) By Product Type: Low Slice, Medium Slice, High Slice
2) By Application: Oncology, Neurology, Cardiovascular, Musculoskeletal, Other Applications
3) By End User: Clinics, Diagnostic Services, Hospitals

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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