Critical Market Drivers Shaping the Outlook for Computed Tomography (CT) Scanners Devices And Equipment Market from 2025-2034: Rising Prevalence Of Cancer And Cardiovascular Diseases Fueling Growth In The Computed Tomography (CT) Scanner Devices And Equipment Market
Discover trends, market shifts, and competitive outlooks for the computed tomography (ct) scanners devices and equipment industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
What Is the Estimated Market Size of the Computed Tomography (CT) Scanners Devices And Equipment Market In 2029?
The market size for computed tomography (CT) scanner devices and equipment has experienced robust growth in recent years. It’s projected to amplify from $8.8 billion in 2024 to $9.38 billion in 2025, with a compound annual growth rate (CAGR) of 6.6%. This surge in growth during the historical period can be attributed to advances in diagnostic imaging, an aging population, trauma and emergency care, and the diagnosis of oncology and cancer.
The market size for computed tomography (CT) scanners devices and equipment is anticipated to experience consistent growth in the upcoming years, reaching $10.51 billion in 2029 at a compound annual growth rate (CAGR) of 2.9%. The expansion during the forecast period can be linked to the growth of emerging markets, regulatory assistance, radiation reduction, and value-based healthcare. Significant trends during the forecast period comprise cardiac ct imaging, dual-energy ct, portable and point-of-care ct, as well as 4D imaging.
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What Are the Core Growth Drivers Propelling the Computed Tomography (CT) Scanners Devices And Equipment Market Forward?
An increase in the occurrence of cancer and heart-related diseases is predicted to boost the expansion of the computed tomography (CT) scanner devices and equipment market. These diseases have various overlapping risk factors, such as smoking, metabolic stress, age, air pollution, and radiation. CT scans play a crucial role in detecting tumors and various abnormalities, especially those concerning cancer and cardiovascular diseases. They are instrumental in planning and executing interventional or treatment procedures like cryotherapy, radiofrequency ablation, and the introduction of radioactive seeds. As per the Cancer Facts and Figures 2022 report by the American Cancer Society, a US-based professional organization company, approximately 1.9 million fresh cancer cases are predicted to be diagnosed in the United States in 2022. This indicates an increase from the 1.8 million new cancer cases reported in 2020. The predicted cancer fatalities for 2022 are slightly more than those in 2021, with a projection of 609,360 cancer deaths in 2022 in comparison to 608,570 in 2021. Thus, the ascending trend of cancer and cardiovascular diseases is fueling the growth of the computed tomography (CT) scanner devices and equipment market.
What Segment Types Define the Computed Tomography (CT) Scanners Devices And Equipment Market Structure?
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
Subsegments:
1) By Low Slice: 4-Slice CT Scanners, 8-Slice CT Scanners, Other Low Slice CT Scanners
2) By Medium Slice: 16-Slice CT Scanners, 32-Slice CT Scanners, Other Medium Slice CT Scanners
3) By High Slice: 64-Slice CT Scanners, 128-Slice CT Scanners, 256-Slice CT Scanners, 320-Slice CT Scanners, Other High Slice CT Scanners
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Which Geographic Areas Hold the Strongest Growth Potential in the Computed Tomography (CT) Scanners Devices And Equipment Market?
North America was the largest region in the computed tomography scanners devices and equipment market in 2023. Western Europe was the second-largest region in the global computed tomography (CT) scanners devices and equipment market share. The regions covered in the computed tomography (CT) scanners devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Which Emerging Trends that Are Influencing the Computed Tomography (CT) Scanners Devices And Equipment Industry Evolution?
Leading businesses in the computed tomography (CT) scanner devices and equipment industry are focusing on the creation of new products loaded with advanced features, like AI-powered CT scanners, to cater to patient needs more effectively. An AI-integrated CT scanner refers to a medical imaging tool with artificial intelligence capabilities built-in to enhance the quality, speed, and precision of CT imaging. For example, in March 2024, Philips Healthcare, a company based in the Netherlands specializing in health technology, unveiled their AI-based CT 5300, an advanced version of a CT scanner designed specifically for cardiac imaging. This innovative platform uses artificial intelligence to improve diagnostic precision and make workflows more efficient, equipped with the industry’s premiere nanopanel accurate detector designed for AI-assisted reconstruction. This results in substantially improved image quality while decreasing radiation exposure by up to 80%, ensuring lower noise and increased low-contrast detectability. Currently in use in several European hospitals, the CT 5300 is dedicated to enhancing patient care and addressing the issues prevalent in healthcare provision, demonstrating Philips’ dedication to advancing cardiac care with groundbreaking technology.
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What Is the Definition of the Computed Tomography (CT) Scanners Devices And Equipment Market?
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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