Global Computed Tomography (CT) Market Expected to Grow at 5% CAGR During 2016 - 2022 by P&S Market Research
NEW YORK, May 4, 2016 /PRNewswire/ --
According to market research "Global Computed Tomography (CT) Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Slice Type (High, Mid and Low), by End User (Hospital, Diagnostic Center and Others)" by P&S Market Research, the global computed tomography market was valued at $4,894.3 million in 2015, and it is expected to grow at a CAGR of 5.0% during 2016-2022. Based on slice type, the high slice type segment is expected to witness the faster growth, CAGR of 5.3%, during the forecast period.
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The global CT market is growing at a significant rate, due to increasing healthcare expenditure, and growing geriatric population. The increasing prevalence of chronic diseases and improving healthcare infrastructure in developing countries are also driving the growth of the global computed tomography market. However, the factors such as stringent regulatory requirements for the approval of CT devices, and side effects of ionization radiation are inhibiting the growth of the global market.
Explore Report with Detailed TOC at: https://www.psmarketresearch.com/market-analysis/computed-tomography-market
Computed tomography (CT) is an imaging procedure, which uses special x-ray equipment to provide detailed images of internal organs, blood vessels, soft tissues and bones. It is also known as CAT scanning (computerized axial tomography). It provides cross-sectional images in multiple planes. It helps in diagnosis of cancer, circulatory conditions and disorders (coronary artery disease, blood clots, and blood vessel aneurysms), kidney and bladder stone, spinal conditions, inflammatory diseases (ulcerative colitis and sinusitis), and injuries to head, skeletal system and internal organs.
Geographically, North America dominated the global market of CT in 2015; whereas the Asia-Pacific market is expected to witness the fastest growth, at a CAGR of 5.8%, during the forecast period.
Some of the key companies operating in the global CT market include Hitachi Ltd., Siemens AG, Toshiba Corporation, Samsung, General Electric Company, and Koninklijke Philips N.V.
Global Computed Tomography (CT) Market Segmentation
By Slice Type
- High Slice Type
- Mid Slice Type
- Low Slice Type
By End User
- Diagnostic Center
- Hospital
- Others
By Geography
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Rest of Asia
- Rest of the World (RoW)
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we're keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
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SOURCE P&S Market Research
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