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Computed Tomography (CT) Scanners Devices And Equipment Global Market Report 2024 Market Size, Analysis, Trends, Opportunities 2024-2033
Computed Tomography (CT) Scanners Devices And Equipment Global Market Report
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According to The Business Research Company's, 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.
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Market Drivers and Trends:
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.
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.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
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• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
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
Computed Tomography (CT) Scanners Devices And Equipment Market 2024 Key Insights:
• 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%.
• Rising Prevalence Of Cancer And Cardiovascular Diseases Fueling Growth In The Computed Tomography (CT) Scanner Devices And Equipment Market
• Siemens Healthineers Pioneers Medical Imaging With Photon-Counting Technology In Naeotom Alpha Ct Scanner
• North America was the largest region in the computed tomography scanners devices and equipment market in 2023
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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