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CT Scanner Market Size
CT Scanner Market size was valued at approximately USD 6.5 billion in 2023 and is projected to grow at a CAGR of 6.8% from 2024 to 2032. A CT scanner, or computed tomography scanner, is a medical imaging device that uses X-ray measurements taken from different angles to create cross-sectional images (slices) of specific areas of the body. These images can be combined to produce a detailed 3D representation of internal structures.
The rising prevalence of chronic diseases globally is a significant catalyst for the CT scanners market. Conditions such as cardiovascular diseases, cancers, respiratory disorders, and diabetes are becoming more common, necessitating the use of advanced diagnostic tools for early detection, monitoring, and treatment planning. CT scanners play a crucial role in diagnosing these diseases by providing detailed images of internal organs and structures, which help in accurate diagnosis and effective treatment planning.
Report Attributes | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 6.5 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 6.8% |
2032 Value Projection: | USD 11.5 Billion |
Historical Data for: | 2021-2023 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 645 |
Segments covered: | Architecture, Type, Technology, Application, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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For instance, according to the World Health Organization (WHO), noncommunicable diseases (NCDs) are responsible for 41 million deaths each year, which is equivalent to 74% of all global deaths. Cardiovascular diseases cause the most NCD-related deaths, with 17.9 million fatalities annually. This is followed by cancers, which account for 9.3 million deaths, chronic respiratory diseases at 4.1 million deaths, and diabetes, which includes kidney disease deaths caused by diabetes, at 2.0 million deaths. Thus, as the burden of chronic diseases continues to grow, the demand for reliable and efficient diagnostic imaging solutions such as CT scanners is expected to increase correspondingly.
There is a growing preference for minimally invasive diagnostic procedures among healthcare providers and patients, driven by the need to reduce recovery times, minimize complications, and enhance patient comfort. CT scanners, offering non-invasive and highly detailed imaging, are increasingly favored over more invasive diagnostic techniques. The National Institutes of Health (NIH) highlights that non-invasive imaging techniques, such as CT scans, significantly reduce the need for exploratory surgeries. This capability to provide critical information without surgical intervention makes CT scanners an attractive option for diagnosing various conditions.
CT Scanner Market Trends
- CT scanners offer several advantages over other imaging modalities, making them a preferred choice in many clinical settings. They provide high-resolution, cross-sectional images of the body, allowing for detailed examination of internal structures. CT scans are faster and more comprehensive than traditional medical X-ray, which is estimated to reach USD 23 billion by 2032, capable of capturing images of bones, soft tissues, and blood vessels simultaneously.
- Additionally, continuous technological advancements in CT scanners are stimulating the market growth by improving the capabilities and efficiency of these diagnostic tools.
- Innovations such as enhanced imaging resolution, faster scanning speeds, reduced radiation doses, and advanced software for image reconstruction and analysis have significantly improved the performance of CT scanners.
- These advancements enable more precise and accurate diagnostics, better patient safety, and greater operational efficiency for healthcare providers.
- Thus, as technology continues to evolve, the development of new and improved CT scanner models is expected to further propel market expansion by meeting the growing demand for advanced diagnostic solutions.
CT Scanner Market Analysis
Based on architecture, the market is divided into O-arm and C-arm. The O-arm segment of the market is forecasted to reach USD 6.9 billion by 2032.
- O-arm CT scanners use advanced imaging technology that provides highly detailed, 3D images of the spine and surrounding structures, making them a valuable tool for surgeons.
- Furthermore, the demand for O-arm CT scanners is surging due to the increasing prevalence of spinal disorders.
- According to the National Institute of Neurological Disorders and Stroke, approximately 80% of adults experience low back pain at some point in their lifetimes, often due to conditions such as herniated discs, degenerative disc disease, and spinal stenosis. This trend is exacerbated by aging populations and sedentary lifestyles.
Based on type, the CT scanner market is divided into portable and stationary. The stationary segment accounted for USD 4.6 billion in 2023.
- Stationary CT scanners are widely utilized in hospitals and diagnostic centers because of their superior imaging capabilities, high-resolution outputs, and advanced features that are essential for accurate diagnosis and treatment planning.
- These systems offer robustness and the capacity to handle a high volume of scans, making them indispensable in large medical facilities.
- Additionally, ongoing technological advancements and integration of artificial intelligence in stationary CT systems have enhanced diagnostic accuracy and operational efficiency, making them a preferred choice for healthcare providers.
- The substantial investments in healthcare infrastructure and the increasing adoption of advanced diagnostic technologies globally also contribute to the significant market share of the stationary segment.
Based on technology, the CT scanner market is bifurcated into high-slice, mid-slice, low-slice, and cone beam. The high-slice segment accounted for USD 2.6 billion in 2023.
- High-slice CT scanners, which typically include 64-slice and higher configurations, offer advanced imaging capabilities, allowing for faster and more detailed scans.
- This technological advancement improves diagnostic accuracy and patient outcomes, making high-slice CT scanners particularly valuable in complex medical cases such as cardiovascular imaging, oncology, and neurology.
- Additionally, the increasing prevalence of chronic diseases, the growing aging population, and the rising demand for early and precise diagnosis have further driven the adoption of high-slice CT scanners.
Based on application, the CT scanner market is segmented into human, research, and veterinary. The human segment is further bifurcated into diagnostic and intraoperative. The human segment accounted for USD 4.6 billion in 2023.
- CT scanners are commonly used for diagnostic purposes, such as detecting and diagnosing cancers, injuries, and other medical conditions in human.
- Increasing prevalence of cancer in human and the growing applications of CT scans in diagnosis is contributing to the segmental growth. For instance, according to the WHO, there were approximately 20 million new cancer cases and 9.7 million cancer-related deaths in 2022. Around 1 in 5 people will develop cancer at some point in their lives, with about 1 in 9 men and 1 in 12 women succumbing to the disease.
- Additionally, introduction of innovative technologies including computer-aided detection and computer-aided diagnosis of suspicious cancer nodules and accessing the risk of malignancy, especially in lung cancer is expected to boost the segmental growth.
Based on end-use, the CT scanner market is bifurcated into hospitals, contract research organizations (CROs), and ambulatory surgical centers (ASCs). The hospitals segment accounted for USD 3.9 billion in 2023.
- Primarily, hospitals are the largest end-users of CT scanners due to their expansive patient base and the need for advanced diagnostic capabilities.
- Moreover, hospitals often have greater financial resources to invest in state-of-the-art medical technology, ensuring they stay at the forefront of diagnostic advancements.
- The integration of CT scanners into emergency departments and specialized units further underscores their critical role in providing timely and precise diagnostic information, thereby improving patient outcomes.
The growth of the CT scanner market in the U.S., projected to reach USD 3.6 billion by 2032.
- The U.S. has a rapidly aging population. Older adults are more prone to various health issues that require diagnostic imaging, such as cardiovascular disease, cancer, and osteoporosis. For instance, according to the Population Reference Bureau, the population of individuals aged 65 and older in the U.S. is projected to increase from 58 million in 2022 to 82 million by 2050, reflecting a 47% growth. Over the same period, the proportion of this age group in the total population is expected to rise from 17% to 23%.
- Thus, this demographic shift in the country is leading to a higher demand for CT scans, which are critical for diagnosing and managing these conditions.
The CT scanner market in UK is expected to experience significant and promising growth of 8.7% from 2024 to 2032.
- Continuous advancements in CT scanner technology, including improvements in imaging resolution, speed, and multi-slice capabilities, are enhancing diagnostic accuracy and efficiency. This technological progress drives demand for newer, more advanced CT scanners among healthcare providers in the UK.
- According to the UK Office for National Statistics, the healthcare sector is projected to grow by 5% annually, further driving demand for cutting-edge medical imaging equipment.
Japan CT scanner market is anticipated to witness lucrative growth of 7.6% between 2024 – 2032.
- Government initiatives aimed at enhancing healthcare infrastructure and accessibility to advanced medical technologies are expected to fuel the adoption of CT scanners. Policies supporting healthcare modernization and investments in diagnostic facilities across Japan are likely to drive market expansion during the forecast period.
The CT scanner market in Saudi Arabia is expected to experience significant and promising growth from 2024 to 2032.
- There is a growing prevalence of chronic diseases such as cardiovascular diseases, cancer, and diabetes in Saudi Arabia. CT scanners play a crucial role in the early detection, diagnosis, and monitoring of these conditions, thereby driving their demand.
CT Scanner Market Share
The market is competitive in nature, with a mix of major global and smaller to medium-sized companies competing for market share. A pivotal aspect of market strategy involves the continual introduction of innovative products leveraging diverse technologies. Notably, prominent industry players command considerable influence in this dynamic landscape, often driving forward advancements through substantial investments in research and development. Additionally, strategic alliances, acquisitions, and mergers are instrumental in fortifying market positions and expanding the global footprint.
CT Scanner Market Companies
Some of the eminent market participants operating in the CT scanner industry include:
- Accuray Incorporated
- Canon Inc
- CurveBeam AI, Ltd.
- FUJIFILM Holdings Corporation
- GE HealthCare Technologies Inc.
- Koning Health
- Koninklijke Philips N.V.
- Medtronic plc
- Neusoft Corporation
- PLANMED OY
- Samsung Electronics Co., Ltd.
- Shenzhen Anke High-tech Co., Ltd.
- Shimadzu Corporation
- Siemens Healthineers AG
- Xoran Technologies, LLC.
CT Scanner Industry News:
- In May 2023, GE HealthCare announced its agreement to acquire IMACTIS, a leader in computed tomography (CT) interventional guidance across various healthcare disciplines. This acquisition supported GE Healthcare's strategy to advance precision care and propelled the company growth in the market.
- In March 2021, Fujifilm acquired Hitachi's Diagnostic Imaging-related business, integrating both organizations' product lines into a comprehensive solution that met diverse clinical needs. This acquisition expanded Fujifilm's product portfolio and enhanced its competitive position in the diagnostic imaging market.
The CT scanner market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million and volume in Units from 2021 – 2032 for the following segments:
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Market, By Architecture
- O-arm
- C-arm
Market, By Type
- Portable
- Stationary
Market, By Technology
- High-slice
- Mid-slice
- Low-slice
- Cone beam
Market, By Application
- Human
- Diagnostic
- Neurology
- Oncology
- Cardiology
- Other diagnostics
- Intraoperative
- Diagnostic
- Research
- Veterinary
Market, By End-use
- Hospitals
- Contract research organizations (CROs)
- Ambulatory surgical centers
The above information is provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Poland
- Austria
- Switzerland
- Slovakia
- Czech Republic
- Norway
- Finland
- Sweden
- Denmark
- Benelux
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Taiwan
- Indonesia
- Vietnam
- Cambodia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
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