Global CT Scan Market Outlook 2031
The global CT scan market size was USD 6.20 Billion in 2022 and is anticipated to reach USD 9.95 Billion by 2031 expand at substantial CAGR 5.4% during the forecast period, between 2023 - 2031. Computerized tomography, abbreviated as CT, is a scanning technology that uses X-rays to penetrate the human body and take images from various angles. It uses a processor and creates slices or sectional images of the bones, blood vessels, and tissues to provide detailed information for medical diagnosis.
A CT scan mainly is used to visualize the parts of the body and injuries for medical or radiation treatment. After the scanner captures the images, a radiologist or a physician examines the images and aids the patient with medical diagnosis and treatment, in accordance to the results shown in the CT scan. X ray images are 2D, while CT scan images are 3D, which facilitates in better diagnosis and treatment.
CT Scan Market Trends, Drivers, Restraints, and Opportunities:
- Rising prevalence of targeted diseases and preference for minimally invasive surgeries is anticipated to drive the market growth.
- Significant technology developments contributes majorly to the market growth.
- High maintenance and overall medical cost and lack of well-trained professionals have caused hindrance to the market growth.
- The uncertain reimbursement, especially in developing nations. Can restrain the global CT scan market.
- Emerging markets and the shift toward image guided interventions is expected to drive the market in the coming years.
- The emergence of new technologies and scanning programs is anticipated to create lucrative technologies for the CT scan market.
Scope of The CT Scan Market Report:
The report on global CT scan market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report
Attributes
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Details
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Report Title
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Global CT Scan Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016 & 2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Stationary CT Scanners and Portable CT Scanners), Device Architectures (C-arm CT Scanners and O-arm CT Scanners), Technologies (High-slice CT, Mid-slice CT, Low-slice CT, and Cone-beam CT), Applications (Human Applications [Diagnostic Applications {Cardiology Applications, Oncology Applications, Neurology Applications, and Other Diagnostic Applications} and Intraoperative applications], Veterinary Applications, and Research Applications), End-Users (Hospitals and Diagnostic Centers, Ambulatory Care Centers, Research Laboratories, Veterinary Clinics, and Others)
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Regional Scope
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Asia Pacific, North America, Europe, Latin America, and Middle East & Africa
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Report Coverage
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Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast
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Global CT scan Market Segment Insights:
Stationary CT scanners segment to account for the maximum share
Based on types, the global CT scan market can be bifurcated into stationary and portable CT scanners. The stationary CT scanner segment is estimated to account for a maximum share in the market due to high demand by the end-users. Stationary CT scanners have a variety of application horizons, which makes it a rapid growing market segment.
O-arm segment to dominate the market
On the basis of device architectures, the CT scanner market can be divided into C-arm and O-arm CT scanners. The O-arm segment is anticipated to account for a large market share owing to the high capitalization of mobile CT scanners, as they are more convenient and easier to use.
High-slice segment to grow at a robust pace
In terms of technologies, the CT scanner market can be segregated into high-slice, mid-slice, low-slice, and cone beam CT technology. The high slice segment is expected to contribute a major market share due to the rise in the adoption of CT technology and the use of CT scanners in the medical field for diagnostics.
The slice segment refers to differentiation between the slice spaces in CT scanners, which is the distance between adjacent slides. The high slice segment is more technologically advanced and aids the medical sector by accurate diagnosis, especially in cases of cardiovascular diseases, where the 640 slice CT scanner is frequently used.
Human application segment to grow during the forecast period
Based on applications, the market can be classified as human applications, veterinary applications, and research applications. The human applications segment can be further sub- classified as diagnostic applications and intraoperative applications. The diagnostics applications segment can be further divided into cardiology, oncology, neurology, and other diagnostic applications.
The human application segment accounted for a significant share and is expected to grow at a steady rate during the forecast period. Increasing demand for intraoperative surgical procedures has contributed to the growth of the human applications segment.
Veterinary clinics segment to account for a significant share during the forecast period
Based on end-users, the CT scan market is categorized into hospitals and diagnostic centers, ambulatory care centers, research laboratories, veterinary clinics, and others. The veterinary clinics segment accounted for a maximum share in the market and is forecasted to expand at a robust growth rate during the forecast period due to the growing demand for the good health and condition of the poultry and livestock.
North America dominates the market
In terms of regions, the global CT scan market can be fragmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the large share in the market due to the rising awareness among people for maintaining good health and the vast technological advancements in the medical field. The market in Asia is expected to grow at a rapid pace during the forecast period.
Segments
By Types
- Stationary CT scanners
- Portable CT scanners
By Device architectures
- C-arm CT Scanners
- O-arm CT Scanners
By Technologies
- High-slice CT
- Mid-slice CT
- Low-slice CT
- Cone-beam CT
By End Users
- Hospitals and Diagnostic Centers
- Ambulatory Care Centers
- Research Laboratories
- Veterinary Clinics
- Others
By Applications
- Human Applications
- Intraoperative Applications
- Diagnostic Applications
- Cardiology Applications
- Oncology Applications
- Neurology Applications
- Other Diagnostic Applications
- Research Applications
- Veterinary applications
By Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
By Key Players
- General Electric Company
- Siemens
- Philips
- Toshiba
- Hitachi
- Shimadzu
- Samsung
- Neusoft Medical Systems
- Medtronic
- Shenzhen
Competitive Landscape
The key players in the global CT scan market include General Electric Company, Siemens, Philips, Toshiba, Hitachi, Shimadzu, Samsung, Neusoft Medical Systems, Medtronic, and Shenzhen. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.