As per DelveInsight Analysis in the Computed Tomography (CT) Devices market, the rise in the incidence of chronic diseases such as cardiovascular, oncological, and others, along with the rapid advancements in technology are likely to propel the global Computed Tomography (CT) devices market.
DelveInsight’s Computed Tomography Market Insights report provides the current and forecast market, forthcoming device innovation, individual leading companies’ market shares, challenges, computed tomography market drivers, barriers and trends, and key Computed Tomography companies in the market.
Computed Tomography
According to the US Food and Drug Association (FDA), Computed Tomography (CT) is a device that helps physicians to diagnose a range of conditions by producing images of internal organs and structures of the body. A CT scanner is an x-ray machine that combines many x-ray images with the aid of a computer to generate cross-sectional views and, if needed, three-dimensional images of the internal organs and structures of the body.
The rising incidence of chronic diseases of various types, such as cardiovascular, oncological, and other diseases, is one of the key factors driving the growth of the Computed Tomography (CT) devices market.
Computed Tomography Market Insights
The global Computed Tomography (CT) Device market is studied in North America, Europe, Asia-Pacific, and for Rest of the World. In terms of revenue share, North America currently leads the global market and is projected to hold its market position during the study period, owing to various factors such as the rising cancer cases, increase in the utilization of CT, technical improvements, strong financial incentives, and increased product launches in the regions, which eventually is expected to aid the growth of North America Computed Tomography Devices Market.
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Recent Developments in the Computed Tomography Market Report
- On May 19, 2021, Royal Philips announced the launch of its newest solution for precision diagnosis with the global introduction of its spectral detector-based Spectral Computed Tomography (CT) 7500. This latest intelligent system delivers high-quality spectral images for every patient on every scan 100% of the time to help improve disease characterization and reduce rescans and follow-ups, all at the same dose levels as conventional scans
- On February 18, 2021, Hitachi announced the conclusion of the absorption-type company split agreement relating to diagnostic imaging-related business (CT, MRI, X-RAY) to Fujifilm. This acquisition expanded FUJIFILM’S business in Medical Systems
- On December 16, 2020, FUJIFILM announced a CT partnership with UroPartners and chose to standardize the Persona CT Computed Tomography (CT) system to accelerate its oncology treatment planning capabilities. Designed and built in the US, the Persona CT is an innovative CT system from Fujifilm in partnership with Analogic. The system offers advanced oncology simulation and general radiography imaging capabilities with a focus on the patient experience
- Thus, owing to such developments in the market, there will be rapid growth observed in the Computed Tomography devices market during the forecast period
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Key Players in the Computed Tomography Market
The leading Computed Tomography companies such as General Electric Company, FUJIFILM Holdings Corporation, Siemens Healthcare GmbH, Koninklijke Philips N.V., Canon Medical Systems Corporation, NeuroLogica, and others are currently dominating the Computed Tomography market.
COVID-19 Impact Analysis on the Computed Tomography Market
The Computed Tomography (CT) Devices market is witnessing a growth in product demand for various reasons. The key factor includes the advantage offered by Computed Tomography for its ability to image bone, blood vessels, and soft tissue simultaneously, which helps detect various disorders in the patient. CT is widely used to diagnose chronic diseases like cardiovascular diseases such as coronary artery disease and blood clots. CT imaging is also used to detect abnormal brain function in adult patients with cognitive impairment who are being evaluated for Alzheimer’s disease and other causes of cognitive decline
The unprecedented outbreak of the COVID-19 pandemic has been uplifting the growth of the Computed Tomography (CT) devices market. CT Scans are one of the diagnostic tools for COVID-19 and laboratory tests. For instance, background chest CT was used to diagnose coronavirus disease and was an essential complement to reverse-transcription polymerase chain reaction (RT-PCR) tests. This resulted in the increased demand for Computed Tomography Devices during the pandemic. Moreover, the process of economic recovery with the easing of lockdown restrictions and the return of normalcy in the post-pandemic economic landscape has led to the resumption of healthcare services for other modalities, keeping the demand for these products on course in the Computed Tomography (CT) Devices market.
Scope of the Computed Tomography Market Report
- Coverage: Global
- Study Period: 2019–2027
- Market Segmentation By Product Type: Stationary CT Scanners, Portable CT Scanners
- Market Segmentation By Application: Oncology, Cardiology, Neurology, and Others
- Market Segmentation By End User: Hospitals, Diagnostic Imaging Centres, Others, and Others
- Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of World
- Key Computed Tomography Companies: General Electric Company, FUJIFILM Holdings Corporation, Siemens Healthcare GmbH, Koninklijke Philips N.V., Canon Medical Systems Corporation, NeuroLogica, among others
- Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View
DelveInsight Analysis: The Computed Tomography (CT) Devices market is estimated to grow at a CAGR of 6.36% during the forecast period from 2022 to 2027 to reach USD 8.87 billion by 2027.
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Table of Contents
| 1 | Computed Tomography Market Report Introduction |
| 2 | Computed Tomography Market Executive summary |
| 3 | Regulatory and Patent Analysis |
| 4 | Computed Tomography Market Key Factors Analysis |
| 5 | Porter’s Five Forces Analysis |
| 6 | COVID-19 Impact Analysis on Computed Tomography Market |
| 7 | Computed Tomography Market Layout |
| 8 | Global Company Share Analysis – Key 3-5 Companies |
| 9 | Company and Product Profiles |
| 10 | Project Approach |
| 11. | About DelveInsight |
Interested in knowing how the Computed Tomography market will grow by 2027? Click to get a snapshot of the Computed Tomography Market Analysis
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