Computed Tomography (CT) Scanners Devices And Equipment Market Size, Share, And Growth Rate Analysis 2023
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The Business Research Company’s computed tomography (CT) scanners devices and equipment market report forecasts the computed tomography (CT) scanners devices and equipment market size to grow to $9.5 Billion by 2027, with a CAGR (compound annual growth rate) of more than 2%.
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Computed Tomography (CT) Scanners Devices And Equipment Market Size Forecast
The global computed tomography (CT) scanners devices and equipment market is expected to grow from $8.29 billion in 2022 to $8.63 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global computed tomography (CT) scanners devices and equipment market size is expected to grow from $9.5 billion in 2027 at a CAGR of 2.5%.
North America held the largest computed tomography (CT) scanners devices and equipment market share.
Key Computed Tomography (CT) Scanners Devices And Equipment Market Driver – Rise In The Prevalence Of Cancer And Cardiovascular Diseases
According to the Centers for Disease Control and Prevention in the USA, the number of new cancer cases will increase by 24% in men and 21% in women by 2020. The rising need for early-stage detection and prevention of these life-threatening diseases increases the demand for proper diagnostics, which poses an opportunity for CT scan manufacturers. For instance, according to the American Heart Association; by 2035, 45.1% of the US population is projected to have some form of CVD. Total costs of CVD are expected to reach $1.1 trillion in 2035, with direct medical costs projected to reach $748.7 billion and indirect costs estimated to reach $368 billion.
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Key Computed Tomography (CT) Scanners Devices And Equipment Market Trend – Integrating Medical Imaging With Healthcare IT Technology
Companies in the industry are integrating medical imaging with healthcare IT technology by providing digital access to improve patient safety, enhance healthcare facilities and save patients time and money. The data from CT scans are being integrated with an image processing and communicating system such as a picture archiving and communication system (PACS) that brings CT images from multiple systems into one interface. This enables radiologists to securely store, and digitally transmit electronic images and clinically relevant reports, and make use of a comprehensive database of images to give an accurate diagnosis. These are increasingly incorporated and used for clinical analysis, diagnosis, and treatment in departments such as radiology, nuclear medicine imaging, cardiology, pathology, oncology, and dermatology. For example, Prismatic Sensors AB is a Swedish company developing photon counting detectors for computed tomography. An agreement has been signed by GE healthcare to acquire Prismatic Sensors AB in November 2020.
Computed Tomography (CT) Scanners Devices And Equipment Market Segment
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
Computed Tomography (CT) Scanners Devices And Equipment Market Major Players and Strategies
Major players in the computed tomography (CT) scanners devices and equipment market are GE Healthcare, Koninklijke Philips N.V, Hitachi Ltd., Siemens, Canon Medical Systems Corporation, Neusoft Medical Systems, Hitachi Healthcare America, Neurologica, Samsung Electronics, and Shimadzu Corporation.
The Computed Tomography (CT) Scanners Devices And Equipment Global Market Report 2023 covers regional data on computed tomography (CT) scanners devices and equipment market size, computed tomography (CT) scanners devices and equipment market trends and drivers, opportunities, strategies, and computed tomography (CT) scanners devices and equipment market competitor analysis. The countries covered in the computed tomography (CT) scanners devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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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