Computed Tomography (CT) Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Computed Tomography (CT) Market: By Type (Low Slice CT Scanner (<64 slices), Medium Slice CT Scanner (64 slices), and High Slice CT Scanner (>64 slices)), by Application (Oncology, Cardiovascular, Musculoskeletal, Neurovascular, Spinal, Others), by End User (Hospitals, Diagnostic Centres), By Geography

 

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Report

Description

The global computed tomography (CT) market size valued USD 5.62 million in 2020 and expected to reach USD 8.92 million by 2027, at a CAGR of 5.07% from during forecast period 2021 to 2027. CT scans are medical imaging examinations that use a motorised X-Ray source to provide comprehensive images of interior organs, bones, soft tissue, and blood arteries. CT scans create cross-sectional images that can be reformatted as needed, as well as 3D images that may be viewed on a computer screen or printed on film. Computed tomography (CT) is an analytic imaging test used to create detailed images of inward organs, bones, delicate tissue and veins. The cross-sectional pictures created amid a CT output can be reformatted in different planes, and can even produce three-dimensional pictures which can be seen on a computer screen, imprinted on film or exchanged through electronic media. CT scanning is frequently the best technique for distinguishing a wide range of malignancies since the pictures enable your specialist to affirm the nearness of a tumor and decide its size and area. CT is quick, easy, non-invasive and exact. The players in the computed tomography (CT) market are teaming up with creative arrangements suppliers to drive development. For example, in November 2017, the Sectra Corporation (Sectra), a global therapeutic imaging data innovation organization consented to a dissemination arrangement with El Seif Development Company (El Seif). In January 2017, Bruker microCT (Bruker), backup of Bruker Corporation and iTomography Corporation (iTomo) went into a multiyear permit assention for the product innovation created by iTomo. This furnished Bruker with non-selective rights to the product created through iTomo’s picture recreation calculation.

Computed Tomography (CT) Market

MARKET SUMMARY
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5.07% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 5.07%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Computed Tomography (CT) Market

  • The report on global computed tomography market gives historical, current and future market sizes (US$ Mn) based on by type, application, end user, and geographical regions.
  • computed tomography market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Hitachi Medical Corporation
  • Siemens Healthineers
  • Toshiba Medical Systems
  • GE Healthcare
  • Philips Healthcare
  • Esaote SpA
Computed Tomography (CT) Market

Drivers And Restraints

The Computed Tomography (CT) Market is driven by the increased prevalence of diseases, awareness on early diagnosis of diseases and diagnostic technology advancements such as 3D technologies. In addition, advancements in diagnostic equipment led to multiple applications of diagnostic devices, better monitoring, easy to use and quick diagnosis of diseases is further driving Computed Tomography (CT) market. However, high cost for diagnostic imaging, risk of cancer due to radiation, stringent regulatory procedures are hindering Computed Tomography (CT) market.


North-America got significant share

Computed Tomography (CT) Market

Geographically Computed Tomography (CT) Market is segmented as Latin America, North America, Asia- Pacific, The Middle East & Africa and Europe. North America holds major share in Computed Tomography (CT) market due to established health care infrastructure, awareness in early diagnosis of diseases and high healthcare expenditure. According to centres for Medicare & Medical Services (CMS) report national health spending of U.S is expected to reach 19.9% in 2025 from 17.8% share of GDP in 2015. Asia Pacific Computed Tomography (CT) market is expected to show significant growth due to the presence of emerging markets like India and China coupled with increasing medical tourism due to low diagnosis costs and modernization of hospitals in this countries. Addition to this, due to saturation of market in well-established regions market players focusing on emerging market. In Europe region, Germany has a major share in Computed Tomography (CT) market. In the Middle East and Africa region, South Africa is considered one of the largest markets due to the prevalence of the diseases.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Computed Tomography (CT) Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

 

  • AxoGen Inc. (U.S.)
  • Baxter International (U.S.)
  • Medtronic (US)
  • Cyberonics Inc. (U.S.)
  • Integra Lifesciences Corporation (U.S.)
  • Boston Scientific (US)
  • Abbott Laboratories (US)
  • LivaNova (UK)
  • Baxter (US)
  • AxoGen (US)
  • Stryker (US)

Description

The global computed tomography (CT) market size valued USD 5.62 million in 2020 and expected to reach USD 8.92 million by 2027, at a CAGR of 5.07% from during forecast period 2021 to 2027. CT scans are medical imaging examinations that use a motorised X-Ray source to provide comprehensive images of interior organs, bones, soft tissue, and blood arteries. CT scans create cross-sectional images that can be reformatted as needed, as well as 3D images that may be viewed on a computer screen or printed on film. Computed tomography (CT) is an analytic imaging test used to create detailed images of inward organs, bones, delicate tissue and veins. The cross-sectional pictures created amid a CT output can be reformatted in different planes, and can even produce three-dimensional pictures which can be seen on a computer screen, imprinted on film or exchanged through electronic media. CT scanning is frequently the best technique for distinguishing a wide range of malignancies since the pictures enable your specialist to affirm the nearness of a tumor and decide its size and area. CT is quick, easy, non-invasive and exact. The players in the computed tomography (CT) market are teaming up with creative arrangements suppliers to drive development. For example, in November 2017, the Sectra Corporation (Sectra), a global therapeutic imaging data innovation organization consented to a dissemination arrangement with El Seif Development Company (El Seif). In January 2017, Bruker microCT (Bruker), backup of Bruker Corporation and iTomography Corporation (iTomo) went into a multiyear permit assention for the product innovation created by iTomo. This furnished Bruker with non-selective rights to the product created through iTomo’s picture recreation calculation.

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