Global Computed Tomography Market
Market Overview
Diagnostic radiology has been revolutionized by computed tomography CT . The basic principle of axial and radial or spiral has transformed the medical imaging world from 2D to 3D organ visualization. Since the CT’s inception in 1970, 62 million estimated scans per year are reported in US. X-ray imaging procedure is being replaced by CT due to the involvement of the larger radiation doses that are efficiently utilized in clinical applications. There has been study going on the cancer risks associated with CT scans due to the radiation exposure to organs. There is lifetime risk of death from cancer that is attributed to generic CT scan of head or abdomen. CT has made enormous technical advances since its arrival into clinical diagnosis and has largely impacted patient care.
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Toshiba highlight imaging capability improvements to Aquilion One Genesis and Aquilion Lightning 80, along with Celesteion PureViSION Edition PET/CT for cancer care. Hitachi Supria True64 CT receives FDA clearance that offers true 64-slice imaging across full 40 mm detector coverage.
Market Segmentation
By Type
Low Slice CT Scanner
Medium Slice CT Scanner
High Slice CT Scanner
Multi Slice CT Scanner
By Application
Cardiovascular Applications
Oncology
Neurovascular Application
Abdomen and Pelvic Application
Pulmonary Angiogram
Spinal Application
Musculoskeletal Application
By End User
Diagnostic Labs
Hospitals
By Geography
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North America US, Canada {Market Share % , Market Size USD Billion , Production Units }
Europe UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe {Market Share % , Market Size USD Billion , Production Units }
Middle East and Africa GCC Countries, North Africa, South Africa and Rest of Middle East & Africa {Market Share % , Market Size USD Billion , Production Units }
Latin America Brazil, Mexico and Rest of Latin America {Market Share % , Market Size USD Billion , Production Units }
Asia Pacific China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific {Market Share % , Market Size USD Billion , Production Units }
Rest of the World{Market Share % , Market Size USD Billion , Production Units }
Growth Drivers and Challenges
Increasing awareness among health conscious people, advent of preventive healthcare, health insurance coverage policies and alarmingly high occurrence of cardiovascular, inflammatory and spinal diseases are the major drivers of the global CT market. Further, Properties like temporal resolution, imaging speed, volumetric coverage, and appropriate amount of radiation doses with advanced reconstruction method and detector technology makes CT the attractive segment in diagnostic imaging market. Further improvements in speed, spatial resolutions and dose efficiency for the next generation CT devices tend to drive the global CT market.
Stringent regulations for the approval of CT devices due to the side effects of ionization radiation and heavy calcification producing blooming artifacts are hindering the global computed tomography market.
Market Size and Forecast
The global computed tomography market valued USD 5.1 billion in 2016, after clocking a healthy CAGR of 5%. Currently medium slice is the dominating segment with the market size of USD 1.89 billion in 2016 while with rapid advancement and wide acceptance of high slice CT, high slice CT market tends to dominate in the forecast years. On the basis of application, cardiovascular CT’s acquire the largest market share of approx 35% followed by oncology, abdomen and pelvic, spinal, pulmonary angiogram and others.
Geographically, North America tends to maintain its dominance over the global computed tomography owing to increasing healthcare expenditure, improving healthcare infrastructure, rising geriatric population. Europe and APAC CT market is expected to witness highest growth rate of 6-7% over the forecast period.
Key Market Players
GE Health Care
o Synopsis
o Business Strategy
o Product Portfolio
o SWOT Analysis
Siemens Health Care
Toshiba Medical System Corporation
Philips Health Care
Hitachi Medical Corp
Neusoft Medicals
Neurologica Company Ltd
Siemens
Samsung
Scope Background
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Market Synopsis
Market Segmentation
Global computed tomography market is segmented as follows:
By Type Market Size, Demand Analysis and Growth Analysis
By Application Market Size, Demand Analysis and Growth Analysis
By End User Market Size, Demand Analysis and Growth Analysis
Global computed tomography market report covered insights of below mentioned regions:
North America U.S., Canada {Market Size, Growth Analysis and Opportunity Analysis}
Latin America Argentina, Mexico, Brazil and Rest of Latin America {Market Size, Growth Analysis and Opportunity Analysis}
Europe Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe {Market Size, Growth Analysis and Opportunity Analysis}
Asia-Pacific China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific {Market Size, Growth Analysis and Opportunity Analysis}
Middle East and North Africa MENA {Market Size, Growth Analysis and Opportunity Analysis}
Rest of World {Market Size, Growth Analysis and Opportunity Analysis}
Market Dynamics: Growth Drivers, Restraints and Opportunities
Risk Factors
Regional Variations
Recent Trends and Developments
Key Market Players
Synopsis
Business Strategy
Product Portfolio
SWOT Analysis
Porter’s Five Force Model
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