CT Scanner Market is estimated to be US$ 9.0 billion by 2032 with a CAGR of 7.50% during the forecast period

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Published Date: May 2023

CT Scanner Market accounted for US$ 4.7 billion in 2023 and is estimated to be US$ 9.0 billion by 2032 and is anticipated to register a CAGR of 7.50%. A computerized tomography (CT) scan is a combination of series of X-ray images, that are obtained from various angles around the patient body and later uses computer processing to create cross-sectional images (slices) of the bones, blood vessels and soft tissues inside your body. Rising demand for diagnosing muscle and bone disorders such as fractures and tumors is one of the factor supporting the CT Scanner Market. Further, CT scanner is also used to guide the procedures such as surgery, biopsy and radiation therapy. Monitoring of cancer treatments, heart disease, lung nodules and liver masses are also the supporting factors for CT scanner.

The report "Global CT Scanner Market, By Product Type (C-Arm CT Scanner and O-Arm CT Scanner), By Technology (High-End Slice CT Scanner, Mid-End Slice CT Scanner, and Low-End Slice CT Scanner), By Application (Oncology, Cardiology, Vascular, Neurology, and Others), By End-User (Hospitals, Contract Research Organization, Ambulatory Surgical Centres), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032’’

Key Highlights:

In March 23, Canon Medical launched new CT and x-ray modalities at ECR 2023, the new launch include the 80/160 slice computed tomography (CT) scanner Aquilion Serve, which allows simultaneous previews of axial, lateral, and AP views, and Celex, a multipurpose X-ray system that offers automated and customizable features to help maximize workflow efficiencies.
In April 2022, Wipro GE Healthcare, a global medical technology and digital solutions innovator, announced the launch of its next-generation Revolution Aspire CT scanner.

Analyst View:

Growing prevalence of chronic disorder, such as cancer, cardiovascular, and neurological conditions are expected to accelerate the market growth. As this technology improves treatment by providing detailed anatomical imaging in effective cost. Further, CT imaging is also easy and quick during the emergency cases which also supports the growth of CT scanner market. Further, technological advancement such as integration of artificial intelligence and the development of accessories is also expected to foster the growth of CT scanner market over the forecast period.

Browse 60 market data tables and 35 figures* through 140 slides and in-depth TOC on “*Global CT Scanner Market, By Product Type (C-Arm CT Scanner and O-Arm CT Scanner), By Technology (High-End Slice CT Scanner, Mid-End Slice CT Scanner, and Low-End Slice CT Scanner), By Application (Oncology, Cardiology, Vascular, Neurology, and Others), By End-User (Hospitals, Contract Research Organization, Ambulatory Surgical Centres), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032

Key Market Insights from the report:

Global CT Scanner Market accounted for US$ 4.7 billion in 2023 and is estimated to be US$ 9.0 billion by 2032 and is anticipated to register a CAGR of 7.50%.The Global CT Scanner is segmented based on Product Type, Technology, Application, End User, and Region.

Based on Product Type, Global CT Scanner is segmented into C-Arm CT Scanner and O-Arm CT Scanner.
Based on Technology, Global CT Scanner is segmented into High-End Slice CT Scanner, Mid-End Slice CT Scanner, and Low-End Slice CT Scanner.
Based on Application, Global CT Scanner is segmented into Oncology, Cardiology, Vascular, Neurology, and Others
Based on End-User, Global CT Scanner is segmented into Hospitals, Contract Research Organization, Ambulatory Surgical Centres
By Region, the Global CT Scanner is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Global CT Scanner:

The prominent players operating in the Global CT Scanner include Koning Corporation, Carestream Canon Medical Systems Corporation, Koninklijke Philips N.V., CurveBeam LLC., Hitachi Medical Corporation, GE Healthcare Inc., Medtronic Plc., Planmed Oy, Neusoft Medical System Co., Limited, and Samsung Medison America Inc.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period