Global CT Scanner Market, By Type (Stationary CT Scanner, Portable CT Scanner), Device Architecture (C-Arm CT Scanners, O-Arm CT Scanners), Technology (High-Slice CT, Mid-Slice CT, Low-Slice CT, Cone Beam CT), Application (Human Applications, Veterinary Applications, Research Applications), End-Users (Hospitals and Diagnostics Centers, Research Laboratories, Academic Institutes and CROs, Ambulatory Care Centers, Veterinary Clinics and Hospitals, Others), 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
Market Analysis and Insights : Global CT Scanner Market
The CT scanner market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.15% in the forecast period of 2021 to 2028 and is expected to reach USD 313.93 million by 2028. The growing need for effective and early diagnosis is escalating the growth of CT scanner market.
CT scanner refers to a device designed to assist medical professionals to analyze and diagnose their patient’s body or see within the body of an individual to decide the course of specific treatment. X-rays and computers are utilized to develop the image of the tissues, organs and bones among other body parts. They are extensively used for the visualization of abdomen, spine, knee, chest and heart among others.
The rise in the technological advancements in CT scanner, growth in awareness regarding early disease diagnosis among population and initiatives taken by government through favorable policies and healthcare funding act as the major factors driving the CT scanner market. The rise in the need effective and early diagnosis, increasing prevalence of targeted diseases among people across the globe and the high usage of CT scans over other imaging modalities owning to its various benefits accelerates the CT scanner market growth. The increase in merges and acquisitions among key players of the market for the development and distribution of advanced CT scanners and the enhancement of CT scanners such as ability to extract clinical information from CT studies influence the CT scanner market. Additionally, rise in consumer inclination towards minimally invasive diagnostic procedures, growing awareness related to procedural benefits offered by computed tomography, surge in healthcare funding by private and public sector and increasing healthcare expenditure positively affect the CT scanner market. Furthermore, the change in preference towards multimodal diagnostic imaging systems and market shift towards image-guided intervention extends profitable opportunity to the CT scanner market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the installation and maintenance, lack of well-trained and skilled healthcare professionals and uncertain reimbursement scenario across developing countries are factors expected to obstruct the CT scanner market growth. The increasing adoption of refurbished CT scanner is projected to challenge the CT scanner market in the forecast period of 2021-2028.
This CT scanner 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 CT scanner market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
CT Scanner Market Scope and Market Size
The CT scanner market is segmented on the basis of type, device architecture, technology, application and end-users. 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 type, the CT scanner market is segmented into stationary CT scanner and portable CT scanner.
- On the basis of device architecture, the CT scanner market is segmented into C-arm CT scanners and O-arm CT scanners.
- On the basis of technology, the CT scanner market is segmented into high-slice CT, mid-slice CT, low-slice CT and cone beam CT.
- On the basis of application, the CT scanner market is segmented into human applications, veterinary applications and research applications.
- On the basis of end-users, the CT scanner market is segmented into hospitals and diagnostics centers, research laboratories, academic institutes and CROs, ambulatory care centers, veterinary clinics and hospitals and others.
Global CT Scanner Market Country Level Analysis
The CT scanner market is analyzed and market size insights and trends are provided by country, type, device architecture, technology, application and end-users as referenced above.
The countries covered in the global CT scanner market 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 CT scanner market because of the large patient population suffering from chronic diseases, inclination of patients towards modern technologies, prevalence of other lifestyle diseases, well-established manufacturers developing innovative CT scanner and rapid technological advancements to develop treatment of critical ailments in the region.
The country section of the CT scanner 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 CT scanner 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 CT scanner market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on CT scanner market. The data is available for historic period 2011-2019.
Competitive Landscape and CT Scanner Market Share Analysis
The CT scanner 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 CT scanner market.
The major players covered in the CT scanner market report are Neusoft Corporation, Medtronic, PLANMED OY, Accuray Incorporated, Carestream Health, Koning Corporation, NeuroLogica Corp, CANON MEDICAL SYSTEMS CORPORATION, FUJIFILM Corporation, General Electric Company, Siemens Healthcare Private Limited, Koninklijke Philips N.V., Xoran Technologies, LLC, Mediso Ltd, TOSHIBA CORPORATION, Hitachi, Ltd., SAMSUNGHEALTHCARE 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.