Global Computed Tomography Devices Market, By Product Type (Low Slice CT Scanner (<64 Slices), Medium Slice CT Scanner (64 Slices), High Slice CT Scanner (>64 Slices)), Application (Cardiovascular Applications, Abdomen and Pelvic Application, Pulmonary Angiogram, Neurovascular Application, Spinal Application, Musculoskeletal Application, Oncology), End-User (Hospitals, Diagnostics Centers), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The computed tomography devices market is expected to witness market growth at a rate of 6.76% in the forecast period of 2021 to 2028 and is expected to reach USD 9,559.12 million by 2028. Data Bridge Market Research report on computed tomography devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increasing prevalence of various lifestyle diseases globally is escalating the growth of computed tomography devices market.
Computed tomography devices refer to the type of devices which are extensively utilized for a non-invasive medical examination or procedure requiring specialized X-ray equipment to produce cross-sectional images of the body. The cross-sectional images or slices of images are used in various diagnostic and therapeutic purposes and are these devices are highly deployed in numerous diagnostics centers and hospitals.
The increasing demand for advanced imaging solutions and rising patient emphasis on effective and early disease diagnosis act as the major factors driving the growth of computed tomography devices market. The initiatives taken by government through favorable policies and healthcare funding, growth in awareness regarding early disease diagnosis among population and increasing prevalence of targeted diseases among people across the globe accelerate the computed tomography devices market growth. The high usage of CT scans over other imaging modalities owning to its various benefits and increase in merges and acquisitions among key players of the market for the development and distribution of advanced devices further influence the computed tomography devices market. Additionally, surge in healthcare funding by private and public sector, rise in consumer inclination towards minimally invasive diagnostic procedures, growing awareness related to procedural benefits offered by computed tomography and increasing healthcare expenditure positively affect the computed tomography devices market. Furthermore, market shift towards image-guided intervention and preference for multimodal diagnostic imaging systems extends profitable opportunity to the computed tomography devices market players in the forecast period of 2021 to 2028.
On the other hand, lack of well-trained and skilled healthcare professionals, high cost associated with the installation and maintenance and uncertain reimbursement scenario across developing countries are factors expected to obstruct the computed tomography devices market growth. The rising adoption of refurbished CT scanners is projected to challenge the computed tomography devices market in the forecast period of 2021-2028.
This computed tomography devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on computed tomography devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Computed Tomography Devices Market Scope and Market Size
The computed tomography devices market is segmented on the basis of product type, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market.
- On the basis of product type, the computed tomography devices market is segmented into low slice CT scanner (<64 slices), medium slice CT scanner (64 slices) and high slice CT scanner (>64 slices).
- On the basis of application, the computed tomography devices market is segmented into cardiovascular applications, abdomen and pelvic application, pulmonary angiogram, neurovascular application, spinal application, musculoskeletal application and oncology.
- On the basis of end-user, the computed tomography devices market is also segmented into hospitals and diagnostics centers.
Global Computed Tomography Devices Market Country Level Analysis
The computed tomography devices are analyzed and market size insights and trends are provided by country, product type, application and end-user as referenced above.
The countries covered in the global computed tomography devices report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the computed tomography devices market because of the increasing aging population and prevalence of chronic disorders, inclination of patients towards modern technologies and well-developed healthcare infrastructure. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the developing healthcare infrastructure, developing economies such as India and China, prevalence of chronic disorders, presence of major market players and suppliers and presence of major market players and suppliers in the region.
The country section of the computed tomography devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The computed tomography devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for computed tomography devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on computed tomography devices market. The data is available for historic period 2021-2028.
Competitive Landscape and Computed Tomography Devices Market Share Analysis
The computed tomography devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to computed tomography devices market.
The major players covered in the computed tomography devices market report are GENERAL ELECTRIC, Siemens, Toshiba Medical System Corporation, Koninklijke Philips N.V., Hitachi Medical Corporation, Neusoft Corporation, NeuroLogica Corp., Medtronic, Shenzhen Anke High-tech Co., Ltd., Accuray Incorporated, PlanMED, DxRay Inc., Koning Corporation, Carestream Health, PointNix Co. Ltd, Canon Medical Systems Corporation, Fujifilm Holdings Corporation, Hologic, Inc. and Shimadzu corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.