Global CT Scanner Market By Overview
Computerized tomography is a donut shape machine. CT Scanner Market use x-ray energy to take whole body images. It is primarily used to scan brain, musculoskeletal, and whole body. CT-scanner built into versatile 3D whole body imaging modality used for several applications includes cardiology, vascular radiology, traumatology, oncology, and interventional radiology.
Increasing technological advancements in CT scanner is major factor driving growth of the global CT scanner market. Moreover, increasing competency of CT scanner to diagnose fast coupled with high accuracy as compared to other machines is also factor supporting growth of the global CT scanner market. Furthermore, growing incidences of chronic diseases globally, it requires early diagnosis is also factor supporting growth of target market. However, high cost associated with CT scanner is not affordable for small hospitals and clinics. This factor is expected to hamper growth of target market. Furthermore, increasing innovations in CT scanner over other imaging modality such as MRI and x-ray will boost demand for target market. This can be an opportunity for the global CT scanner market in near future.
On the basis of product type, the target market classified into C-arm CT scanner and O-arm CT scanner. Based on technology, the global market bifurcated into high-end slice CT scanner, mid-end slice CT scanner, and low-end slice CT scanner. Based on application, the global market categorized into oncology, cardiology, vascular, neurology, and others includes veterinary application, research application etc. On the basis of end-user, the target market is classified into hospitals, contract research organization, and ambulatory surgical centres. Among end users, the hospitals segment is accounted for highest market share in terms of revenue as compared to other end users, in 2018. This was attributed to ample number of diseases needs early and accurate diagnosis that results into boost demand for CT scanner by hospitals.
On the basis of region, the global CT scanner market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate in the target market in near future, owing to growing healthcare expenditure and number of research and development activities for product launch and marketing boost demand for the target market. Asia Pacific is projected to witness significant growth over the forecast period, owing to increasing prevalence of various diseases which leads to increase in the diagnostic procedures.
Key players in the global CT scanner market 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.