Computed Tomography Market Size, Share, Growth, Technological Innovation and Demand by 2029
The global computed tomography market is set to witness a steady growth rate of 6-8% in the next 5 years. The continuous technological advancements for development of advanced CT systems; rising prevalence of cancer and other chronic diseases; growing awareness of the importance of early disease detection; growing aging population; and rising healthcare expenditure, especially in emerging markets are some of the key factors driving the computed tomography market. To learn more about the research report, download a sample report.
Computed tomography (CT) is a sophisticated medical imaging technique that generates detailed cross-sectional images of the body. It employs a rotating X-ray tube and a series of detectors to capture multiple X-ray images from various angles. These images are then processed using advanced computer algorithms to create tomographic slices, allowing for a comprehensive view of internal structures without the overlap seen in traditional X-rays. CT scans are invaluable for diagnosing a wide range of conditions, including injuries, tumors, and other diseases, and can utilize contrast agents to enhance image clarity.
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Rising prevalence of cancer and other chronic diseases to propel market demand
The rising prevalence of cancer and other chronic diseases, such as cardiovascular disorders, is significantly driving the CT market. CT scans are widely used for early and accurate diagnosis, enabling detailed imaging of tumors, organs, and blood vessels. As cancer and chronic conditions require precise monitoring and treatment planning, the demand for advanced diagnostic tools like CT has surged. Furthermore, increasing awareness about the importance of early diagnosis, along with growing healthcare expenditure and technological advancements in imaging, is propelling the market forward. The expanding aging population, more susceptible to these diseases, further amplifies the need for CT imaging solutions.
Continuous Technological Advancements for Development of Advanced CT Systems Driving the Market Growth
Continuous technological advancements are significantly driving the growth of the CT market by enhancing image quality, reducing scan times, and improving patient safety. Innovations such as iterative reconstruction techniques, photon-counting detectors, and artificial intelligence integration enable higher-resolution images with lower radiation doses. Moreover, advancements in CT systems facilitate better diagnosis and treatment planning across various medical fields, including oncology, cardiology, and emergency medicine. The development of portable and multi-slice CT scanners also expands accessibility in clinical settings. These factors collectively contribute to increased demand, fueling market expansion and attracting investments in advanced imaging technologies.
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Competitive Landscape Analysis
The global computed tomography market is marked by the presence of established and emerging market players such as Canon Medical Systems Corporation; Fujifilm Holdings Corporation; GE HealthCare; Hitachi, Ltd.; Koninklijke Philips N.V.; Koning Health; NeuroLogica Corp.; Shanghai United Imaging Healthcare Co., Ltd.; Siemens Healthineers AG; and Shenzhen Anke High-tech Co., Ltd.; among others. Some of the key strategies adopted by market players include new product launches and upgrades, strategic partnerships and collaborations, and geographic expansion.
Computed Tomography Market Scope
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Report Scope |
Details |
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Base Year Considered |
2023 |
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Historical Data |
2022 - 2023 |
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Forecast Period |
2024 - 2029 |
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Growth Rate |
CAGR 6-8% |
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Segment Scope |
Technology, Application, End User |
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Regional Scope |
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Key Companies Mapped |
CANON MEDICAL SYSTEMS CORPORATION; Carestream Dental LLC; FUJIFILM Holdings Corporation; GE HealthCare; Hitachi, Ltd.; Koninklijke Philips N.V.; Koning Health; NeuroLogica Corp.; Shanghai United Imaging Healthcare Co., Ltd.; Siemens Healthineers AG; and Shenzhen Anke High-tech Co., Ltd.; among others |
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Report Highlights |
Market Size & Forecast, Growth Drivers & Restraints, Trends, Competitive Analysis |
Key Strategic Questions Addressed
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What is the market size & forecast of the computed tomography market?
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What are historical, present, and forecasted market shares and growth rates of various segments and sub-segments of the computed tomography market?
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What are the key trends defining the market?
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What are the major factors impacting the market?
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What are the opportunities prevailing in the market?
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Which region has the highest share in the global market? Which region is expected to witness the highest growth rate in the next 5 years?
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Who are the major players operating in the market?
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What are the key strategies adopted by players?
- Introduction
- Introduction
- Market Scope
- Market Definition
- Segments Covered
- Regional Segmentation
- Research Timeframe
- Currency Considered
- Study Limitations
- Stakeholders
- List of Abbreviations
- Key Conferences and Events (2023-2024)
- Research Methodology
- Secondary Research
- Primary Research
- Market Estimation
- Bottom-Up Approach
- Top-Down Approach
- Market Forecasting
- Executive Summary
- Computed Tomography (CT) Market Snapshot (2023-2029)
- Segment Overview
- Regional Snapshot
- Competitive Insights
- Market Overview
- Market Dynamics
- Drivers
- Technological advancements
- Rising prevalence of cancer and other chronic diseases
- Growing importance of early disease detection
- Growing aging population
- Restraints
- High Costs of CT Systems
- Radiation Exposure Concerns
- Stringent regulatory approval processes
- Opportunities
- Emerging markets
- Integration with artificial intelligence (AI)
- Portable and point-of-care CT systems
- Key Market Trends
- Low-dose radiation technology
- Hybrid imaging solutions
- Unmet Market Needs
- Industry Speaks
- Regulatory Analysis
- Drivers
- Market Dynamics
- Global Computed Tomography (CT) Market Size & Forecast (2022-2029), By Technology Type, USD Million
- Introduction
- High-end slice CT
- Mid-end slice CT
- Low-end slice CT
- Cone beam (CBCT)
- Global Computed Tomography (CT) Market Size & Forecast (2022-2029), By Application Type, USD Million
- Introduction
- Oncology
- Cardiology
- Neurology
- Musculoskeletal
- Dental
- Others
- Global Computed Tomography (CT) Market Size & Forecast (2022-2029), By End User, USD Million
- Introduction
- Hospitals
- Diagnostic imaging centers
- Ambulatory surgical centers
- Dental clinics
- Others
- Global Computed Tomography (CT) Market Size & Forecast (2022-2029), By Region, USD Million
- Introduction
- North America Computed Tomography (CT) Market Size & Forecast (2022-2029), By Country, USD Million
- US
- Market Size & Forecast, By Technology Type (USD Million)
- Market Size & Forecast, By Application Type (USD Million)
- Market Size & Forecast, By End User Type (USD Million)
- Canada
- Market Size & Forecast, By Technology Type (USD Million)
- Market Size & Forecast, By Application Type (USD Million)
- Market Size & Forecast, By End User Type (USD Million)
- Europe Computed Tomography (CT) Market Size & Forecast (2022-2029), By Country, USD Million
- UK
- Market Size & Forecast, By Technology Type (USD Million)
- Market Size & Forecast, By Application Type (USD Million)
- Market Size & Forecast, By End User Type (USD Million)
- Germany
- Market Size & Forecast, By Technology Type (USD Million)
- Market Size & Forecast, By Application Type (USD Million)
- Market Size & Forecast, By End User Type (USD Million)
- France
- Market Size & Forecast, By Technology Type (USD Million)
- Market Size & Forecast, By Application Type (USD Million)
- Market Size & Forecast, By End User Type (USD Million)
- Italy
- Market Size & Forecast, By Technology Type (USD Million)
- Market Size & Forecast, By Application Type (USD Million)
- Market Size & Forecast, By End User Type (USD Million)
- Spain
- Market Size & Forecast, By Technology Type (USD Million)
- Market Size & Forecast, By Application Type (USD Million)
- Market Size & Forecast, By End User Type (USD Million)
- Rest of Europe
- Market Size & Forecast, By Technology Type (USD Million)
- Market Size & Forecast, By Application Type (USD Million)
- Market Size & Forecast, By End User Type (USD Million)
- Asia Pacific (APAC) Computed Tomography (CT) Market Size & Forecast (2022-2029), By Country, USD Million
- China
- Market Size & Forecast, By Technology Type (USD Million)
- Market Size & Forecast, By Application Type (USD Million)
- Market Size & Forecast, By End User Type (USD Million)
- Japan
- Market Size & Forecast, By Technology Type (USD Million)
- Market Size & Forecast, By Application Type (USD Million)
- Market Size & Forecast, By End User Type (USD Million)
- India
- Market Size & Forecast, By Technology Type (USD Million)
- Market Size & Forecast, By Application Type (USD Million)
- Market Size & Forecast, By End User Type (USD Million)
- Rest of Asia Pacific
- Market Size & Forecast, By Technology Type (USD Million)
- Market Size & Forecast, By Application Type (USD Million)
- Market Size & Forecast, By End User Type (USD Million)
- Latin America (LATAM) Computed Tomography (CT) Market Size & Forecast (2022-2029), USD Million
- Market Size & Forecast, By Technology Type (USD Million)
- Market Size & Forecast, By Application Type (USD Million)
- Market Size & Forecast, By End User Type (USD Million)
- Middle East & Africa (MEA) Computed Tomography (CT) Market Size & Forecast (2022-2029), USD Million
- Market Size & Forecast, By Technology Type (USD Million)
- Market Size & Forecast, By Application Type (USD Million)
- Market Size & Forecast, By End User Type (USD Million)
- China
- UK
- US
- Competitive Landscape
- Key Players and their Competitive Positioning
- Competitive Positioning of Key Players (2022)
- Offerings Assessment, By Player
- Key Strategies Assessment, By Player (2021-2023)
- New Product Launches
- Partnerships, Agreements, & Collaborations
- Mergers & Acquisitions
- Geographic Expansion
- Key Players and their Competitive Positioning
- Company Profiles*
(Business Overview, Financial Performance**, Products Offered, Recent Developments)
- CANON MEDICAL SYSTEMS CORPORATION
- FUJIFILM Holdings Corporation
- GE HealthCare
- Hitachi, Ltd.
- Koninklijke Philips N.V.
- Koning Health
- NeuroLogica Corp.
- Shanghai United Imaging Healthcare Co., Ltd.
- Siemens Healthineers AG
- Shenzhen Anke High-tech Co., Ltd.
- Other Prominent Players
The study has been compiled based on extensive primary and secondary research.
Secondary Research (Indicative List)
Primary Research
To validate research findings (market size & forecasts, market segmentation, market dynamics, competitive landscape, key industry trends, etc.), extensive primary interviews were conducted with both supply and demand-side stakeholders.
Supply Side Stakeholders:
- Senior Management Level: CEOs, Presidents, Vice-Presidents, Directors, Chief Technology Officers, Chief Commercial Officers
- Mid-Management Level: Product Managers, Sales Managers, Brand Managers, R&D Managers, Business Development Managers, Consultants
Demand Side Stakeholders:
- Hospitals, Diagnostic Imaging Centers, Ambulatory Surgical Centers, Dental Clinics and others
Breakdown of Primary Interviews
Market Size Estimation
Both ‘Top-Down & Bottom-Up Approaches’ were used to derive market size estimates and forecasts
Data Triangulation
Research findings derived through secondary sources & internal analysis was validated with Primary Interviews, Internal Knowledge Repository and Company’s Sales Data
