Computed Tomography Market is Estimated to Grow at a CAGR of 7.2% Through 2024 to 2031 - Fujifilm Holdings Corporation, GE Healthcare, Shimadzu Corporation.

Computed Tomography Market is expected to grow at a CAGR of 7.2% during the forecast period 2024-2031

Computed Tomography Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Computed tomography (CT) is an advanced imaging technique that uses X-ray beams and computer processing to create detailed cross-sectional images of the body. It is widely used for diagnosing conditions such as fractures, tumors, and internal bleeding. CT scans offer rapid and precise imaging, aiding in emergency medicine, oncology, and cardiology. However, concerns about radiation exposure have led to the development of low-dose CT technology. The global CT market is expanding with innovations in AI-driven imaging and portable CT scanners.

List of the Key Players in the Computed Tomography Market:

Canon Medical Systems Corporation, Fujifilm Holdings Corporation, GE Healthcare, Shimadzu Corporation, Koning Corporation, Koninklijke Philips NV, Neusoft Medical Systems Co. Ltd, CareStream Health, Planmeca Group (Planmed OY), Stryker Corporation.

Industry Development:

In 2017, Toshiba entered into a three-year pricing agreement with Varex Imaging Corporation to supply CT tubes for integration into Toshiba's CT systems.

Market Dynamics:

The growth of the market is driven by the rising geriatric population, increasing prevalence of chronic diseases, a shift toward image-guided medical interventions, and technological advancements. According to data published by the American College of Chest Physicians in July 2020, lung cancer accounts for 11.6% of total cancer cases globally, with incidents projected to rise by 38% to 2.89 million by 2030. Additionally, the International Osteoporosis Foundation (IOF) reported in 2019 that one in three women and one in five men aged 50 and above experience osteoporosis-related fractures, affecting approximately 200 million people worldwide and causing a fracture every three seconds. The demand for CT scanners is expected to rise as they provide 3D imaging of bones, aiding in better diagnosis and surgical outcomes for orthopedic disorders.

Growth Forecast Projected:

The Global Computed Tomography Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Computed Tomography Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Computed Tomography Market:

By Device Part: Slice Detector, High Slice System, Mid Slice System, Low Slice System, X-Ray Source.
By Body Part: Abdominal and pelvic, Angiography, Cardiac, Extremities, Head, Lungs, Other body parts.
By End-User: Diagnostic Centers, Hospitals.
Regional Analysis for Computed Tomography Market:

The regional analysis of the Computed Tomography Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Computed Tomography market?

➠ Who are the leading manufacturers in the global Computed Tomography industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Computed Tomography industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Computed Tomography market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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