Spine X-ray and Computed Tomography (CT) Market Size [2031]

Report Description

Spine X-ray and Computed Tomography (CT) Market Outlook 2031

The global Spine X-ray and Computed Tomography (CT) Market size was USD 1 Billion in 2022 and is likely to reach USD 1.7 Billion by 2031, expanding at a CAGR of 5.9% during 2023–2031. The market growth is attributed to the rising incidence of vertebral fractures and the growing diagnostic imaging procedures through X-rays and CT scans across healthcare establishments.

Rising vehicle accidental injuries and serious falls are boosting the demand for spine X-rays and CT scans. These medical imaging provide a detailed insight into the spine bones (vertebrae), spinal tissues, and other spinal structures. This enables surgeons to have a better understanding of spine injuries and diseases. The rising integration of advanced technologies, such as AI, in medical imaging solutions to enhance image quality and efficiency and reduce exposure to radiation, is fueling the market.

• According to the data published by the National Institute of Health (NIH) in May 2022, about 250,000 to 500,000 individuals suffer spinal cord injury each year across the globe. Major causes of these injuries are listed as vehicle accidents and violence. Furthermore, X-ray and CT scans are the most preferred medical imaging solutions for getting a close look at spine injuries.

  Get Free Sample Report
  

The research report finds that the COVID-19 pandemic affected the spine X-ray and computed tomography (CT) market. The healthcare facilities were overloaded with COVID-19 patients, which diverted their focus and resources to treat infected patients. This resulted in reduced resources for spine injury treatment. Furthermore, many individuals preferred postponement of their spine-related treatments, due to fear of infection, which significantly restrained the market. However, the market is witnessing considerable recovery with the growing adoption of upgraded medical imaging solutions.

Impact of Artificial Intelligence (AI) on Spine X-ray and Computed Tomography (CT) Market

Advancements in AI are expected to boost the market, due to the growing demand for accurate and efficient X-ray and CT scan procedures from patients and healthcare professionals. The AI technology is integrated within the imaging system for detecting complex and subtle patterns in the spine images. The AI-powered CT scan allows automatic injury detection, labeling of vertebral levels, and characterization & segmentation of lesions. The artificial intelligence solutions are making spine images more useful for doctors and patients, with quality and accuracy improvements. Thus, several players in the market are developing and launching improved X-ray and CT scan solutions with AI integration.

Spine X-ray and Computed Tomography (CT) Market Dynamics

Major Drivers

Increasing prevalence of spine injuries, due to the rising incidence of road accidents and violence cases is expected to propel the spine X-ray and computed tomography market. The number of vehicles on the road is rapidly rising with increasing business activities, urbanization, changing lifestyles, and income growth. This has increased the frequency of accidents on the road due to varying causes.

Some of the key reasons for road accidents are rash driving, speeding, rule violations, and drunk driving, among others. In numerous cases, spine injuries caused by car accidents are serious in nature and result in life-threatening events. The cervical spine, thoracic spine, or lumbar spine can seriously damage or sever the spinal cord. These conditions result in paralyzing from the below neck or from the waist down, if not treated within time.

• According to the study published by the World Health Organization (WHO) in June 2022, globally, nearly 1.3 million individuals die every year, due to road accidents. Furthermore, between 20 million to 50 million individuals suffer non-fatal injuries, many of which incur disability owing to the injury.

Existing Restraints

Risks associated with exposure to ionizing radiation with X-ray and CT scans are likely to restrain the market. This results in damage to spinal cells and tissues. It further leads to a slight increase in the possibility of cancer development over the lifetime. However, these risks are significantly reducing, due to advancements in procedures and imaging instruments. Delays in approval of new x-ray and CT scan solutions are further expected to affect the market. New medical devices are required to undergo prolonged tests and trials before getting approval. This slows the entry of new medical solutions in the market, thereby, affecting the market.

Emerging Opportunities

Expansion of healthcare facilities in emerging economies is expected to generate lucrative opportunities for the players competing in the market. Healthcare needs are growing rapidly across the globe, with the prevalence of various disorders and accidents. Thus, healthcare sector is rapidly expanding and upgrading with new facilities and next-generation medical technology. Emerging economies in Asia Pacific, such as India and China, are registering rapid growth in the demand for digital X-ray and CT scans, due to a preference for quality treatments. The high population of spinal injuries in developing economies further fuels the adoption of advanced medical imaging techniques to get an effective diagnosis. In addition, the growing development of X-ray and CT scan solutions with AI features is expected to boost the market.

Get Free Sample Report

Scope of the Spine X-ray and Computed Tomography (CT) Market Report

The global market research report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.

Market Segment Insights

Indication Segment Analysis

Based on indication, the spine x-ray and computed tomography (CT) market is divided into spinal tumors, spinal infections, spinal fractures, and others. The spinal fractures segment is expected to expand at a substantial CAGR during the forecast period, due to the rising spinal injuries related to road accidents, acts of violence, and sports injuries, among others.

Rapid surge in the number of such incidences leads to the high use of CT and X-ray medical imaging solutions for examining injury, diagnosis, and patient treatments. The rising spine injury among the elderly population is another factor boosting the demand for CT and X-ray scanning solutions. Radiology devices are essential in treating such spinal injuries, as they allow observation of inaccessible internal parts of the body.

• According to data published by NCBI, around 1.5 million US citizens suffer vertebral compression fractures annually. These fractures are common among the elderly population. Furthermore, about 25% of postmenopausal women are affected by compression fractures during their life.

The spinal tumors segment is anticipated to register rapid growth in terms of revenue, owing to the rising use of X-ray and CT scans for cancer detection. Exposure to cancer-causing elements, genetic disorders, and environmental changes are common reasons causing the spinal tumors. According to a data released by the American Cancer Society (ACS), over 25,00 individuals are projected to be diagnosed with malignant spinal cord tumors or brain tumors by the end of 2023.

Get Free Sample Report

Product Type Segment Analysis

On the basis of product type, the global market is segregated into X-ray devices, CT devices, and AI-enabled X-ray & CT Software. The X-ray devices segment is projected to register a considerable CAGR during the forecast period, owing to their rising utilization for examination and diagnosis of spine-related injuries, deformities, infections, and tumors. These devices are widely used in medical imaging solutions in the healthcare sector. They are primary scanning devices in majority of the healthcare facilities. The growing incidences of spine injuries are expected to propel the demand for X-ray devices from healthcare establishments.

The CT devices segment is projected to grow at a significant pace during the assessment period, owing to their rising application in imaging of 2D structures. These imaging solutions are utilized in healthcare centers for the examination of spinal injuries, tumors, and lesions. Computed tomography provides efficient images with high speed. The detailed visual information gained from CT scan eliminates further need for exploratory surgeries, thereby fueling the segment.

Patient Type Segment Analysis

Based on patient type, the spine x-ray and computed tomography (CT) market is bifurcated into adults and pediatrics & neonates. The adults segment is expected to expand at a high CAGR during the forecast period, owing to the rising incidence of accidents related to spinal injuries in elderly individuals across the globe. The lower bone densities in the majority of older people increases the possibility of osteoporosis, which result in spine fractures and other spinal injuries. Motor accidents and serious falls are among the top causes of spinal cord injuries among the adult population.

End-user Segment Analysis

On the basis of end-user, the global market is segregated into hospitals & clinics, ambulatory surgery centers, and diagnostic imaging centers. The hospitals & clinics segment is projected to expand at a substantial CAGR during the forecast period, due to the growing adoption of X-ray and CT scans as primary imaging solutions. Increasing preference from patients to diagnose and treat spinal injuries at hospitals equipped with the latest technology and expertise is further driving the segment. Hospitals and clinics are registering high footfalls, with growing income levels and demand for efficient treatment. The adoption of cutting-edge medical technologies in these healthcare institutions further drives the segment.

Get Free Sample Report

Regional Outlook

In terms of region, the global spine X-ray and computed tomography (CT) market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period in terms of revenue. Rising funds and grants toward research and development of innovative medical imaging solutions is expected to boost the regional market. The adoption of radiology devices with advanced features is growing among healthcare establishments in the region. Furthermore, increasing incidence of spinal injuries due to various factors is expected to fuel the market in this region.

• According to the National Spinal Cord Injury Statistical Center (NSCISC)’s 2023 SCI Data Sheet, the US population in 2022 was estimated to be 334 million, of which, the yearly number of traumatic spinal cord injuries (tSCI) was approximately 54 cases per million people. The total new tSCI cases in the US were 18,000.

The market in Asia Pacific is anticipated to grow at a rapid pace during the assessment period, owing to the high adoption of X-ray and CT systems for imaging spinal injuries. The increasing expansion of clinics and primary care centers, coupled with the growing demand for spine CT scans and X-ray systems, is further propelling the regional market. The development and launch of new medical software and devices are expected to create lucrative opportunities in the market. The supportive policies and initiatives from various governments for the improvement of healthcare institutions are further anticipated to fuel the market growth in the Asia Pacific.

Get Free Sample Report