Global Computed Tomography (CT) Scanners Devices And Equipment Market Revenue and Share Analysis Through 2029
Uncover key drivers, emerging technologies, and competitive movements shaping the computed tomography (ct) scanners devices and equipment market from 2025–2034 with trusted insights from The Business Research Company
What Is The Projected Valuation Of The Computed Tomography (CT) Scanners Devices And Equipment Market In The Period 2029-2034?
The market size for computed tomography (CT) scanners devices and equipment has shown consistent growth recently. It is projected to expand from $8.17 billion in 2024 to $8.47 billion by 2025, reflecting a compound annual growth rate (CAGR) of 3.7%. This growth witnessed in the past can be attributed to progress in diagnostic imaging, an increasing aging population, the requirements of trauma and emergency care, and developments in oncology and cancer diagnosis.
The computed tomography (ct) scanners devices and equipment market size is anticipated to experience consistent expansion over the upcoming years. Its valuation is projected to reach $9.63 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 3.3%. This projected growth is driven by factors such as the expansion of emerging markets, supportive regulatory frameworks, ongoing efforts in radiation reduction, and the shift towards value-based healthcare. Key developments anticipated during this period encompass cardiac CT imaging, dual-energy CT, portable and point-of-care CT solutions, and advancements in 4D imaging.
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What Strategic Drivers Are Accelerating The Computed Tomography (CT) Scanners Devices And Equipment Market Expansion?
The growing occurrence of cancer and cardiovascular diseases is anticipated to fuel the expansion of the computed tomography (CT) scanner devices and equipment market in the future. Both cancer and cardiovascular diseases (CVD) are multifactorial, sharing numerous risk elements such as smoking, metabolic syndrome, radiation exposure, age, and air pollution. CT scans serve as a diagnostic tool for identifying tumors and various bodily abnormalities, particularly those associated with cancer and CVD. Additionally, these scans assist in planning and directing interventional or treatment procedures like cryotherapy, radiofrequency ablation, and the insertion of radioactive seeds. For instance, the American Cancer Society, a US-based professional organization company, indicated in its Cancer Facts and Figures 2022 report that approximately 1.9 million new cancer cases are projected for diagnosis in the United States in 2022. This figure represents an increase compared to the 1.8 million new cancer cases recorded in 2020. Nevertheless, the projected number of cancer fatalities for 2022, at 609,360, shows a minor rise from the 608,570 deaths noted in 2021. Consequently, the increasing incidence of cancer and cardiovascular diseases is a key factor propelling the expansion of the computed tomography (CT) scanner devices and equipment market.
What Is The Detailed Segment Distribution Of The Computed Tomography (CT) Scanners Devices And Equipment Market?
The computed tomography (ct) scanners devices and equipmentmarket 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
Which Market Trends Are Expected To Define The Future Of The Computed Tomography (CT) Scanners Devices And Equipment Market?
Leading firms within the computed tomography (CT) scanner devices and equipment market are creating new products utilizing advanced technologies, including AI-enabled CT scanners, to improve patient care. An AI-enabled CT (Computed Tomography) scanner is defined as a medical imaging tool that integrates artificial intelligence (AI) to boost the quality, rapidity, and precision of CT scans. For example, Philips Healthcare, a health technology company based in the Netherlands, introduced the AI-enabled CT 5300 in March 2024, an advanced computed tomography scanner specifically designed for cardiac imaging. This groundbreaking system uses artificial intelligence to improve diagnostic precision and optimize operational processes, incorporating the industry’s initial nanopanel precise detector engineered for AI-based reconstruction. It markedly enhances image clarity and decreases radiation exposure by up to 80%, resulting in reduced noise and superior low-contrast visibility. Already in use in various European hospitals, the CT 5300 seeks to elevate patient care and tackle issues in healthcare provision, demonstrating Philips’ dedication to advancing cardiac health with state-of-the-art technology.
Who Are The Major Stakeholders Operating In The Computed Tomography (CT) Scanners Devices And Equipment Market?
Major companies operating in the computed tomography (CT) scanners devices and equipment market include 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
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Which Region Is Projected To Achieve The Fastest Growth 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 2024. 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.
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