Computed Tomography Systems Market Global Industry Analysis and Forecast, 2015-2019
According to the latest market research report “Global Computed Tomography Systems Market Assessment & Forecast 2015-2019” released by SA-BRC, stationary CT systems continue to dominate the diagnostic rooms of hospitals and clinics with revenues of US$ 3,960.1 million generated in 2014. The market is anticipated to grow to US$ 5,297.1 million by 2019 at a CAGR of 5.9% from 2015 to 2019.
Computed tomography (CT) systems can provide high quality images and consequently have much better diagnostic capabilities. New systems expose patients to negligible amount of x-rays. Extreme multidetector CT, iterative reconstruction algorithms, dual-energy CT, cone-beam CT, portable CT, and phase-contrast CT are some of the technological advancements in the CT systems market that are expected to drive its growth in the coming years. The increasing need of bed-side and portable CT and MRI imaging has been efficiently catered to by the introduction of advanced mobile CT systems, thus acting as a major driver for the global CT systems market.
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There are over 20 installations of high-slice systems such as Toshiba Aquilion One each year across the world, primarily in developed countries. The projected healthcare investment by emerging countries is expected to be enormous and will propel the usage of multi-slice systems across large hospitals. Along with this, the demand for point-of-care and home care diagnostics is also on the rise. Smaller manufacturers such as Neurologica, Tribogenics and Planmed are targeting the CT imaging for extremities and head-neck. Ambulatory healthcare services will greatly benefit from the miniaturization of devices and in turn will drive the market in the near future. The key players in this segment are GE Healthcare, Siemens Healthcare, Philips Healthcare. GE has remained the dominant player in the CT systems market and is closely followed by Siemens Healthcare and Philips Healthcare. International players are focusing significantly on developing regions such as Latin America, Middle-East and Asia-Pacific. Large scale infrastructure investment in emerging economies will ensure the purchase of new equipment mostly. Several regions are also observing high demand for refurbished systems. SA-BRC foresees a solid future for CT imaging, particularly for mid-slice segment as a gold standard for cardiovascular, head-neck and oncology application areas.
Spearhead Acuity Business Research & Consulting Private Limited (SA-BRC) is a premium Life Science business intelligence and data analytics firm. SA-BRC team offers a wide range of business intelligence services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals, Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the entire value chain of healthcare industry. Our research and consulting capabilities extend across several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.
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