CT Scanner Market Trends Report | Size, Share & Growth 2030
[Research Report] The CT Scanner market size is expected to grow from US$ 6,325.00 million in 2022 to US$ 9,596.26 million by 2030; the market is estimated to register a CAGR of 5.35% from 2022 to 2030.
Analyst’s Viewpoint
The CT Scanner market analysis explains growth drivers, such as the increased prevalence of chronic diseases, growing demand for early diagnosis, and the development of healthcare infrastructure. Further, technological advancements in CT scanners are anticipated to introduce new trends in the market during 2022–2030.
A computerized tomography (CT) scanner is a medical imaging technology device that uses X-rays from multiple angles to generate detailed images of the body's bones, blood vessels, and soft tissues. These images provide more detail than traditional X-rays. In addition, CT scanners are widely used to examine people who may have internal injuries due to car accidents or other types of traumas. This scan can visualize almost all body parts and help diagnose injuries or diseases. Additionally, it is used to plan medical, surgical, or radiation treatment for the affected areas during disease diagnosis.
Market Insights
Increased Prevalence of Chronic Diseases to Fuel CT Scanner Market
As per the article published by the National Institute of Biomedical Imaging and Bioengineering in June 2022, CT has evolved into an effective screening method for detecting potential cancers or lesions in the abdomen. A heart CT scan may be recommended when different sorts of cardiac illnesses or anomalies are suspected. CT scans of the head can also be used to detect injuries, tumors, clots that cause stroke, bleeding, and other diseases. It can examine the lungs to detect malignancies, pulmonary embolisms (blood clots), excess fluid, and other diseases, including emphysema or pneumonia. A CT scan is especially beneficial for detecting complicated bone fractures, badly degraded joints, or bone malignancies because it generates more detail than a traditional x-ray. Therefore, the rising frequency of chronic diseases such as cardiovascular disease, cancer, neurology diseases, and orthopedic problems has resulted in a vast patient population getting computed tomography scans across the world. According to the National Center for Health Statistics, in 2021, 1,898,160 new cancer cases were reported in the US. As a result, the rising prevalence of cancer throughout the world is boosting demand for computed tomography scanners. In addition, as per the article published by Harvard Health in September 2021, an estimated 90.0 million CT scan procedures are performed in the US annually.
Leading players are introducing advanced technological products to gain an edge over their competitors. For instance, in April 2021, Hitachi, Ltd. announced the launch of a newly designed Scenaria 64-slice CT scanner. The product is designed to reduce radiation dose, improve efficiency, and cater to interventionists in their practice. Hitachi aims to strengthen its product portfolio in a highly competitive market with this product launch.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
CT Scanner Market: Strategic Insights
CT Scanner Market
-
CAGR (2022 - 2030)
5.35%
-
Market Size 2022
US$ 6,325.00 Million
-
Market Size 2030
US$ 9,596.26 Million
Market Dynamics
GROWTH DRIVERS
- XXXXXXX
- XXXXXXX
- XXXXXXX
FUTURE TRENDS
- XXXXXXX
- XXXXXXX
- XXXXXXX
OPPORTUNITIES
- XXXXXXX
- XXXXXXX
- XXXXXXX
Key Players
- GE Healthcare
- Siemens AG
- Hitachi Ltd
- Samsung Electronics Co Ltd
- Medtronic plc
- Accuray Incorporated
- Planmed OY
- Toshiba Corporation
- Neusoft Corporation
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Stationary CT Scanners and Portable CT Scanners
Architecture
- C-arm CT Scanners and O-arm CT Scanners
Technology
- High Slice CT
- Midsize CT
- Low Slice CT
- Cone Beam CT
Application
- Oncology
- Neurology
- Orthopedic
- Other Applications
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
CT Scanner Market: Strategic Insights
-
CAGR (2022 - 2030)5.35% -
Market Size 2022
US$ 6,325.00 Million -
Market Size 2030
US$ 9,596.26 Million
Market Dynamics
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
Key Players
- GE Healthcare
- Siemens AG
- Hitachi Ltd
- Samsung Electronics Co Ltd
- Medtronic plc
- Accuray Incorporated
- Planmed OY
- Toshiba Corporation
- Neusoft Corporation
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Stationary CT Scanners and Portable CT Scanners
- C-arm CT Scanners and O-arm CT Scanners
- High Slice CT
- Midsize CT
- Low Slice CT
- Cone Beam CT
- Oncology
- Neurology
- Orthopedic
- Other Applications
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Future Trend
Technological Advancements in CT Scanners emerge as a future trend in CT Scanner Market
With concerns about radiation exposure, there has been a significant focus on dose-reduction technologies in CT scanners. This includes advancements in iterative reconstruction techniques, automatic exposure control, and other dose optimization strategies to minimize radiation dose while maintaining image quality. According to the American Cancer Society, yearly screening with a low-dose CT (LDCT) scan is recommended for adults aged 50 years and above who smoke or have a history of smoking for lung cancer.
The study published by Science Direct in 2022 analyzed the connection between incidental respiratory disease-related findings from the National Lung Screening Trial (NLST) and respiratory disease mortality (RDM), excluding lung cancer detected during low-dose CT (LDCT) lung cancer screenings. In the study, out of 26,722 participants in the NLST LDCT arm, 25,002 underwent both the baseline and a subsequent LDCT screening. The study found that Emphysema and reticular opacities, both incidental respiratory-related findings on NLST LDCT screenings, were linked with higher RDM.
Various strategies adopted by key players are boosting the market growth. For instance, in December 2023, Fujifilm India collaborated with Soorya Diagnostics LLP. As part of this collaboration, Fujifilm placed its most recent CT Scan equipment at Soorya Diagnostics Center to foster screening culture and provide people in the region with access to quality healthcare services.
Report Segmentation and Scope
The “CT scanner market” is segmented on the basis of type, architecture, technology, application, end user, and geography. The market is bifurcated based on type into stationary and portable CT scanners. The CT scanner market, based on architecture, is bifurcated into C-arm CT Scanners and O-arm CT Scanners. The CT scanner market, by technology, is segmented into high slice CT, midsize CT, Low Slice CT, and cone beam CT. Based on application, the CT scanner market is segmented into oncology, neurology, orthopedic, other applications. In terms of end users, the CT scanner market is categorized into hospitals, diagnostic centers, research laboratories, and veterinary clinics. The CT scanner market, based on geography, is segmented into North America (the US, Canada, and Mexico), Europe (Germany, France, Italy, the UK, Russia, and the Rest of Europe), Asia Pacific (Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America)
Type-Based Insights
The CT scanner market is segmented based on type into stationary and portable CT scanners. The stationary CT scanners segment held a larger market share in 2022 and is anticipated to register the highest CAGR during 2022–2030.
Architecture-based Insights
The CT scanner market, based on architecture, is bifurcated into C-arm CT Scanners and O-arm CT Scanners. The C-arm CT Scanners segment dominated the market in 2022.
Technology-based Insights
The CT scanner market, by technology, is segmented into high slice CT, midsize CT, low slice CT, and cone beam CT. The high slice CT segment held the largest market share in 2022.
Application-based Insights
Based on application, the CT scanner market is segmented into oncology, neurology, orthopedics other applications. The neurology applications segment held the largest market share in 2022.
End User-Based Insights
In terms of end users, the CT scanner market is categorized into hospitals, diagnostic centers, research laboratories, and veterinary clinics. The hospital segment held the largest share of the market in 2022 and is anticipated to register the highest CAGR during 2022–2030.
CT Scanner Market Report Scope
Report Attribute
Details
Market size in 2022
US$ 6,325.00 Million
Market Size by 2030
US$ 9,596.26 Million
Global CAGR (2022 - 2030)
5.35%
Historical Data
2020-2022
Forecast period
2022-2030
Segments Covered
By Type - Stationary CT Scanners and Portable CT Scanners
By Architecture - C-arm CT Scanners and O-arm CT Scanners
By Technology - High Slice CT
- Midsize CT
- Low Slice CT
- Cone Beam CT
By Application - Oncology
- Neurology
- Orthopedic
- Other Applications
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
- GE Healthcare
- Siemens AG
- Hitachi Ltd
- Samsung Electronics Co Ltd
- Medtronic plc
- Accuray Incorporated
- Planmed OY
- Toshiba Corporation
- Neusoft Corporation
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 6,325.00 Million |
Market Size by 2030 | US$ 9,596.26 Million |
Global CAGR (2022 - 2030) | 5.35% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Regional Analysis
North America is expected to record the highest CAGR in the global CT scanner market between 2022 and 2030. North America held the largest share in the CT scanner market in 2022 and is predicted to maintain its dominance during the forecast period. The market in North America is segmented into the US, Canada, and Mexico. The US holds the largest share of the global and North America CT scanner market owing to the increase in the prevalence of inflammatory diseases, the presence of major players in the industry, the development of the healthcare sector, the availability of new innovative CT scan systems, and advancements in technology for CT scans in the region.
GE Healthcare, Siemens Healthcare Private Limited, Koninklijke Philips N.V., TOSHIBA IT and CONTROL SYSTEMS CORPORATION, HTSI Healthcare Solutions, Shimadzu Corporation, SAMSUNGHEALTHCARE.COM, Neusoft Corporation, Medtronic, and Shenzhen Anke High-Tech Co., Ltd are the leading players operating in the global CT scanner market. These leading players are focusing on expanding and diversifying their market presence and clientele, which is expected to favor the CT scanner market positively.
A few of the key developments by major market players are as follows:
- In November 2022, FUJIFILM launched SCENARIA View Focus Edition, a premium CT scanner in the US. It features Cardio StillShot, an advanced Cardiac Motion Correction feature, which enables 6x higher temporal resolution than conventional image reconstruction methods. The device is suitable for routine and advanced clinical applications and was introduced at RSNA 2022.
- In April 2022, Wipro GE Healthcare launched its advanced Revolution Aspire CT scanner. The CT system is designed and manufactured entirely in India at the Wipro GE Medical Devices Manufacturing plant. It has higher imaging intelligence for more accurate clinical diagnosis.
- In November 2021, Siemens Healthineers launched Naeotom Alpha, the first photon-counting CT scanner cleared for clinical use in the USA and Europe. Photon-counting technology enables drastic improvements, including increased resolution and reduced radiation dose by up to 45% for ultra-high-resolution scans compared to conventional CT detectors.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Architecture, Technology, Application, End User, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The CAGR value of the CT scanner market during the forecasted period of 2020-2030 is %.
A CT scan is a type of medical imaging procedure that utilizes a combination of X-rays and computer technology to create detailed images of the inside of the body. The images produced can show any part of the body, including the bones, muscles, fat, organs, and blood vessels. This diagnostic procedure is capable of providing comprehensive and detailed information about the internal structures of the body.
The increasing prevalence of chronic diseases, the growing demand for early diagnosis, and the development of healthcare infrastructure are driving the global CT scanner market.
The stationary CT scanner segment dominated the global CT scanner market and held the largest market share of 62.55% in 2022.
The CT scanner market majorly consists of the players including GE Healthcare, Siemens Healthcare Private Limited, Koninklijke Philips N.V., TOSHIBA IT and CONTROL SYSTEMS CORPORATION, HTSI Healthcare Solutions, Shimadzu Corporation, SAMSUNGHEALTHCARE.COM, Neusoft Corporation, Medtronic, and Shenzhen Anke High-Tech Co., Ltd.
Global CT scanner market is segmented by region into North America, Europe, Asia Pacific, Middle East & Africa and South & Central America. The market in North America is expected to grow at a significant rate during the forecast period. North America CT scanner market is segmented into the US, Canada, and Mexico. The US holds the largest share of the global and North America CT scanner market owing to the increase in the prevalence of inflammatory diseases, the presence of major players in the industry, the development of the healthcare sector, the availability of new innovative computer tomography systems, and advancements in technology for computed tomography in the region.
The List of Companies - CT Scanner Market
- GE Healthcare
- Siemens AG
- Hitachi Ltd.
- Samsung Electronics Co. Ltd.
- Medtronic plc.
- Accuray Incorporated
- Planmed OY
- Toshiba Corporation
- Neusoft Corporation
- Koninklijke Philips NV