Computed Tomography Market size to Grow by USD 2.47 billion from 2022 to 2027, Early detection of chronic diseases boosts the market growth, Technavio

NEW YORK, March 4, 2024 /PRNewswire/ -- The computed tomography market is estimated to grow by USD 2.47 billion from 2023 to 2027 at a CAGR of 5.75% according to Technavio. To understand more about the computed tomography market, View PDF sample

Market Insights -

• Companies: 15+, Including Canon Inc., FUJIFILM Corp., General Electric Co., iCRco Inc., Koninklijke Philips NV, MARS Bioimaging Ltd., MinFound Medical Systems Co. Ltd., MR Solutions Ltd., Neusoft Corp., Perkin Elmer Inc., Samsung Electronics Co. Ltd., Shanghai United Imaging Healthcare Co. Ltd., Shenzhen Anke High tech Co., Shenzhen Basda Medical Apparatus Co. Ltd., Shimadzu Corp., Siemens Healthineers AG, SternMed GmbH, Thermo Fisher Scientific Inc., Trivitron Healthcare, and Xoran Technologies LLC , among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and companies landscape; vendor product insights and recent developments; key companies; and market positioning of companies
• Segments: end-user (hospitals, diagnostic centers, and others), application (oncology, neurology, cardiology, musculoskeletal, and others), and geography (Europe, North America, Asia, and Rest of World (ROW)). To understand more about the computed tomography market, request a Free sample report

 Company Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including Canon Inc., FUJIFILM Corp., General Electric Co., iCRco Inc., Koninklijke Philips NV, MARS Bioimaging Ltd., MinFound Medical Systems Co. Ltd., MR Solutions Ltd., Neusoft Corp., Perkin Elmer Inc., Samsung Electronics Co. Ltd., Shanghai United Imaging Healthcare Co. Ltd., Shenzhen Anke High tech Co., Shenzhen Basda Medical Apparatus Co. Ltd., Shimadzu Corp., Siemens Healthineers AG, SternMed GmbH, Thermo Fisher Scientific Inc., Trivitron Healthcare, and Xoran Technologies LLC , among others. View PDF sample

The increasing prevalence of chronic conditions worldwide

 CT scanners play a crucial role in diagnosing severe and chronic medical conditions. The global rise in the prevalence of chronic diseases like cancer, cardiovascular disorders, and neurological ailments is contributing to an increased demand for diagnostic imaging products, specifically CT scanner systems.

• The high costs associated with CT imaging are a major challenge hindering market growth. Find some insights from a free sample report!

Analyst Review

The Computed Tomography (CT) market is a vital component of modern healthcare systems, playing a pivotal role in the diagnosis and management of various medical conditions ranging from pneumonia to traumatic brain injuries. With the rising prevalence of diseases, especially in developing countries, the demand for CT examinations continues to escalate, making CT scanners a critical diagnostic tool in hospitals worldwide.

However, challenges such as false-negative results and the need for appropriate medical imaging persist, emphasizing the importance of continuous advancements in CT technology. Market drivers like the increasing geriatric population and the prevalence of chronic diseases are propelling the demand for CT scans, thereby driving the growth of the industry.

Governments and healthcare policymakers are implementing policy measures to address the growing demand for CT imaging while ensuring crisis capacity and appropriate reimbursement. Stringent regulatory frameworks aim to maintain diagnostic accuracy and patient safety, fostering a conducive environment for market growth.

Major companies in the CT market, including Siemens Healthineers, are continuously innovating to meet the evolving needs of medical care. New CT devices with higher slice segments, such as 128, 256, 320, and 640 slices, are revolutionizing imaging capabilities, enabling faster scan times, improved detail, and reduced radiation doses.

Siemens Healthineers, a leader in the industry, has introduced the SOMATOM X-ceed, a high-speed, high-resolution CT scanner equipped with an intelligent operation approach. This innovation benefits both medical staff and patients by enhancing diagnostic accuracy and efficiency.

Cardiologists and cardiac surgeons particularly benefit from advanced CT imaging, which allows for detailed cardiovascular exams, aiding in the detection of arrhythmias, coronary artery diseases, and other cardiac conditions. Moreover, advancements in CT technology cater to the specific needs of diverse patient populations, including those with obesity or pediatric patients.

Market players like Canon Medical Systems Corporation, Koninklijke Philips NV, and GE Healthcare are also contributing to the growth of the CT market through product launches, innovations, and strategic mergers and acquisitions.

In conclusion, the Computed Tomography industry is witnessing significant growth driven by technological advancements, rising disease burden, and increased awareness. With continued investment and innovation, the CT market is poised to play an increasingly vital role in modern healthcare systems worldwide. View PDF sample report!

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ToC

1 Executive Summary
2 Landscape
3 Sizing
4 Historic Size
5 Five Forces Analysis
6 Segmentations
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix

About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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