What is the current size and annual growth rate of the computed tomography (ct) scanners devices and equipment market?
The computed tomography (CT) scanners devices and equipment market size has grown strongly in recent years. It will grow from $8.8 billion in 2024 to $9.38 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to diagnostic imaging advancements, aging population, trauma and emergency care, oncology and cancer diagnosis.
The computed tomography (CT) scanners devices and equipment market size is expected to see steady growth in the next few years. It will grow to $10.51 billion in 2029 at a compound annual growth rate (CAGR) of 2.9%. The growth in the forecast period can be attributed to emerging markets growth, regulatory support, radiation reduction, value-based healthcare. Major trends in the forecast period include cardiac ct imaging, dual-energy ct, portable and point-of-care ct, 4d imaging.
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Which major factors have contributed to the expansion of the computed tomography (ct) scanners devices and equipment market?
The rising prevalence of cancer and cardiovascular diseases is expected to propel the growth of the computed tomography (CT) scanner devices and equipment market going forward. Cancer and cardiovascular diseases (CVD) are multifactorial, with highly overlapping risk factors, including smoking, metabolic syndrome, radiation, age, and air pollution. CT scans can be used to diagnose the presence of tumors and other abnormalities in the body, including those related to cancer and CVD. It is used to plan and guide interventional or therapeutic procedures, such as cryotherapy, radiofrequency ablation, and the implantation of radioactive seeds. For instance, according to the Cancer Facts and Figures 2022 report published by the American Cancer Society, a US-based professional organization company, there will be an estimated 1.9 million new cancer cases diagnosed in the United States in 2022. This is an increase from the 1.8 million new cancer cases reported in 2020. However, the estimated number of cancer deaths in 2022 is slightly higher than in 2021, with 609,360 cancer deaths projected in 2022 compared to 608,570 in 2021. Thus, the rising prevalence of cancer and cardiovascular diseases is driving the growth of the computed tomography (CT) scanner devices and equipment market.
How is the computed tomography (ct) scanners devices and equipment market segmented?
The computed tomography (CT) scanners devices and equipment market 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
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Who are the top competitors 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
Which key trends are expected to influence the computed tomography (ct) scanners devices and equipment market in the coming years?
Major companies operating in the computed tomography (CT) scanner devices and equipment market are developing innovative products with advanced technologies, such as AI-enabled CT scanners, to better serve patients. An AI-enabled CT (Computed Tomography) scanner refers to a medical imaging device that incorporates artificial intelligence (AI) technologies to enhance the quality, speed, and accuracy of CT imaging. For instance, in March 2024, Philips Healthcare, a Netherlands-based health technology company, launched the AI-enabled CT 5300, an advanced computed tomography scanner tailored for cardiac imaging. This innovative system integrates artificial intelligence to enhance diagnostic accuracy and streamline workflows, featuring the industry’s first nanopanel precise detector designed for AI-based reconstruction. It significantly improves image quality while reducing radiation exposure by up to 80%, achieving lower noise levels and better low-contrast detectability. Already operational in several European hospitals, the CT 5300 aims to improve patient care and address challenges in healthcare delivery, reflecting Philips’ commitment to advancing cardiac care through cutting-edge technology.
Which regional trends are influencing the computed tomography (ct) scanners devices and equipment market, and which area dominates the industry?
North America was the largest region in the computed tomography scanners devices and equipment market in 2023. 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.
What Does The Computed Tomography (CT) Scanners Devices And Equipment Market Report 2025 Offer?
The computed tomography (ct) scanners devices and equipment market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Computed tomography (CT) scanner devices and equipment are used in the diagnosis of various diseases including cancer, bone-related diseases, cardiovascular diseases, gynecological diseases, urological diseases, and other diseases. CT scanners use computer-controlled X-rays to create images of the body.
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