Computed Tomography Market is witnessing significant growth owing to rising chronic diseases such as cancer, diabetes and CVDs

 

Computed Tomography Market
Computed Tomography Market

Computed Tomography Market, By Types (Stationary CT Scanners, Portable CT Scanners), By Application (Human Application, Diagnostic Applications, Cardiology Applications, Oncology Applications, Neurology Applications, Other Diagnostic Applications, Intraoperative Applications, Veterinary Application, Research Application), By End User (Hospital and Research Centers, Diagnostic Imaging Centers), By (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2021 – 2028

The global Computed Tomography Market, is estimated to be valued at US$ XX million in XXX and is expected to exhibit a CAGR of XX% over the forecast period, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Computed tomography is a diagnostic instrument that is utilized as imaging tool that aids in diagnosing disorder, abnormality, and shock. These scanners make several pictures in the form of 3D and 2D images, and Cross sectional images, which detect the internal injuries. A Computed Tomography is used to scan almost every part of the body and is utilized to analyze disorder or wound and to plan clinical, surgical or radiation therapy.

Competitive Landscape:

Key players involved in the global computed tomography market are NeuroLogica Corporation, Neusoft Medical Systems Co. Ltd., GE Healthcare, United Medical Imaging Inc., Hologic,Shenzhen Anke High-Tech Co. Ltd., Samsung,  Koninklijke Philips N.V., Siemens Healthineers, Canon Medical Systems Corporations, Hitachi Healthcare Americas, Toshiba, Carestream Health, Eaton, Arineta, and Analogic.

Market Key Drivers:

The increasing prevalence of chronic diseases such as cancer, diabetes and cardiovascular diseases is expected to augment the growth of global computed tomography market. For instance, according to World Health Organization, around 10 million cancer deaths were globally recorded in 2020.

The rising usage of CT scan units is projected to propel the growth of global computed tomography market. For instance, according to OECD, in 2020 the total CT units fixed in the U.S. was 42 per million population.

Covid-19 Impact Analysis:

The COVID-19 outbreak had a positive impact on the growth of the global computed tomography market. The Coronavirus has had a major effect on healthcare system globally. It affected the diagnostic imagery centers as in pandemic it was seen that various non-urgent therapies were kept on hold to offer additional attention towards COVID-19 individuals. Several economies government officials declared clinical emergencies and enabled urgent clinical services for Covid -19 patients. 

Key Takeaways:

The global computed tomography market is anticipated to exhibit a CAGR of XX % during the forecast period owing to technical developments such as AI Integration and equipment to improve image quality by CT scanner. For instance, in May 2021, Siemens Healthineers introduced a new CT scanner, Somatom X. It is a high-speed, high-perseverance Computed Tomography scanner with an intellectual operation method that makes operations comfortable for doctor and patient. 

Among regions, North America, Europe and Asia Pacific are expected to witness robust growth in global computed tomography market due to rising CT Scans, rising chronic diseases such as Cancer and CVDs and developing healthcare infrastructure. For instance, as per the National Cancer Institute (NCI) around 1,806,590 new cancer cases were analyzed in the U.S. in 2020. 

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