Global Computed Tomography Market Analysis-2025

SEATTLE - Oct. 7, 2020 - PRLog -- The global Computed Tomography Market, by Product Type (Low Slice CT Scanner (<64 slices), Medium Slice CT Scanner (64 slices), and High Slice CT Scanner (>64 slices)), by Application (Oncology, Cardiovascular Applications, Musculoskeletal Applications, Neurovascular Applications, Spinal Applications, and Others), by End User (Hospitals, and Diagnostic Centers).

Growth of the global computed tomography market is primarily attributed to rampant innovation in the CT systems. With rampant innovation in the healthcare industry, key players are focusing on introducing new products to reduce current healthcare burden. For instance, in July 2017, Samsung Electronics healthcare entity — NeuroLogica, introduced BodyTom Elite (BTE) — a full body CT scanner.

Browse 27 Market Data Tables and 35 Figures spread through 140 Pages and in-depth TOC on Global Computed Tomography Market by Product Type (Low Slice CT Scanner (<64 slices), Medium Slice CT Scanner (64 slices), and High Slice CT Scanner (>64 slices)), by Application (Oncology, Cardiovascular Applications, Musculoskeletal Applications, Neurovascular Applications, Spinal Applications and Others).

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Manufacturers in the healthcare industry are focusing on developing new diagnostic products integrated with advanced technology to deliver better results. Key manufacturers are also collaborating to strengthen their product portfolio related to medical imaging. For instance, in last few months of 2017 prominent players such as Philips Healthcare, Siemens Healthineers, and GE Healthcare entered into collaboration with HeartFlow Inc. — a personalized medical technology company.

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Key Takeaways of the Market:

The global computed tomography market is expected to exhibit a CAGR of 5.2% over the forecast period (2017–2025), due to increased collaboration and agreements between key players. Asia Pacific region in the global computed tomography market is expected to exhibit a high growth rate, in terms of value, over the forecast period, owing increasing healthcare expenditure in China, according to China's ministry of finance healthcare expenditure in 2016 increased to CNY1.31 billion, with annual increase over a year ago.

Among applications, the cardiovascular segment is expected to exhibit a significant CAGR of 6.0%, owing to large pool of population suffering from cardiovascular disorders. For instance, according to American Heart Association (AHA), in 2013, cardiovascular diseases accounted for over 17.3 million deaths globally, representing 31% of all global deaths. The global number is expected to rise to 23.6 million by 2030.

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