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Global CT Scanner Market Research Report Analysis and Forecasts to 2024

Aug 14, 2018

The 2018-2024 report on global CT Scanner market explores the essential factors of CT Scanner industry covering current scenario, market demand information, coverage of active companies and segmentation forecasts.

CT Scanner Market will exceed USD 7 billion by 2024, Technological advancements including development of portable scanner, high slice technology and other additional features will escalate adoption rate of the device. Growing geriatric population base, susceptible to suffer from chronic ailments will act as high impact rendering factor for industry growth.

Report Mainly focuses on the top Manufacturers in global market are given bellow

Koning Corporation, GE Healthcare, Accuray, Carestream, CurveBeam, Hitachi Medical Corporation, Koninklijke Philips, Medtronic, Neusoft, Planmed Oy, Samsung, Siemens Healthineers, Shenzhen Anke High-Tech, United Imaging, and Xoran Technologies

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By Architecture

  • O-Arm
  • C-Arm

By Type

  • Portable
  • Stationary

By Technology

  • High-slice
  • Mid-slice
  • Low-slice
  • Cone Beam

By Application

  • Human [Diagnostic {Neurology, Oncology, Cardiology}
  • Intraoperative]
  • Research, Veterinary

By End-use

  • Hospitals
  • Contract Research Organization
  • Ambulatory Surgical Centers

O-arm segment dominated CT scanner market in 2016 and is estimated to grow considerably over the forecast period. Increasing number of spinal surgeries coupled with technological advancements in the device will drive segment growth. The device is used during spinal instrument placement including visceral, vascular, and neurological injuries will propel segment growth.

Stationary CT scanner held largest market share in 2016 owing to high adoption rate in large hospitals requiring maximum number of CT scans, rising incidences of chronic disorders and increasing number of surgeries. Portable segment will be driven by growing adoption, technological advancement and convenience offered by the device.

Cone beam computed tomography (CBCT) is anticipated to witness significant growth over the forecast period due to rising incidences of dental ailments, rapid scan time offered by the device and reduced risk involved in usage of this type of imaging modality. Growing demand for cosmetic dentistry will further accelerate business growth.

Growing adoption of pet and rising disposable income leading to increasing spending on pet care will drive veterinary CT scanner segment growth over the forecast timeframe. Equipment allows veterinarians to diagnose cardiovascular disease, trauma, appendicitis, cancer, infectious disease, and musculoskeletal disorders will stimulate demand for veterinary CT scanning device over the coming years.

Contract research organizations (CROs) segment will witness lucrative growth owing to rising demand for imaging CRO services coupled with multifactorial benefits offered by CT scanner in early as well as later stages of clinical trials. CT scan can detect minute changes indicative of therapy progression, that can be missed out by other conventional method will further stimulate demand.

U.S. CT scanner market will by driven by rising incidences of chronic conditions such as cancer, favorable regulatory framework coupled with technological advancements in the device. Growing demand for minimal invasive diagnostic method along with rising awareness about early disease diagnosis and treatment will favor industry growth. 

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The above information is provided on a regional and country basis for the following:

  • North America (U.S., Canada)
  • Europe (Germany, UK, France, Spain, Italy)
  • Asia Pacific (Japan, China, India, South Korea, Australia)
  • Latin America (Brazil, Mexico)
  • MEA (South Africa, Saudi Arabia, UAE)

Hospitals led the industry and will register more than 3.5% CAGR by 2024. This is attributable to increasing neurological disorders and growing demand for CT Scanner to treat patients suffering from neurovascular diseases. Canada CT Scanner market will witness significant growth due to increasing incidences and mortality associated with stoke in the country. Presence of The Canadian Neurovascular Health Society focused on research of neurovascular conditions and creating awareness among patients will favor business growth.

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