CT Scanner Market Revenue, Major Players, Share, Analysis & Forecast Till 2032

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Global CT Scanner Market is set to record significant growth over 2023-2032, driven by the innovative breakthroughs in CT scanners that have resulted in considerable improvements in diagnostic accuracy, patient comfort, and radiation exposure.

Increased acceptance of high-tech diagnostic and therapeutic equipment will result in advances in CT scanners, favoring the industry dynamics through 2032. Introduction of AI and the development of accessories to improve picture quality acquired using conventional CT scanners are projected to stimulate market expansion.

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Furthermore, the development of disease management services for early detection of various conditions such as cardiovascular diseases, cancer, and so on is expected to increase demand for advanced CT scanner devices among healthcare professionals, thereby boosting business growth.

The CT scanner market is divided based on type, technology, application, end-use, and region.

By type, the CT scanner market from the portable segment accounted for over USD 1.8 billion in revenue in 2022 and is poised to hold a sizable revenue share by 2032. Portable CT scanners have become increasingly popular in recent years due to their compact size and capacity to deliver high-quality images while eliminating the need to take the patient to a specific imaging center. Increasing patient inclination toward less intrusive and more accessible care and the ability of portable CT scanners to enable faster and more appealing imaging procedures may add to their popularity over the coming years.

The CT scanner industry from the cone beam technology segment is anticipated to record significant growth from 2023 to 2032. CBCT scanners are particularly accurate because they offer 3D volumetric data and offer high-quality pictures due to the development of new software and algorithms that can eliminate image artifacts and noise.

Furthermore, the ongoing R&D operations by industry players to produce innovative CBCT scanners with new technology upgrades are likely to drive market growth through 2032. Citing an instance, in January 2023, the NewTom 7G expanded its capabilities of cutting-edge Cone Beam Computed Tomography into new application sectors.

In terms of application, the CT scanner market from the veterinary segment is foreseen to depict remarkable growth during 2023-2032, owing to the widespread use of these CT scanners for the diagnosis and treatment of cancers in animals. These devices help veterinarians locate and identify tumors, which can then be treated with surgery or radiation therapy, thereby contributing to market growth.

Regarding end-use, the CT scanner market share from the ambulatory surgical centers will exhibit significant growth through 2032, owing to the multiple benefits provided at ASCs, such as cost-effectiveness and simplicity. Besides, the escalating need for shorter stays and improved operational efficiencies will increase patient footfall across these establishments, which will propel segment revenue.

Regionally, the Asia Pacific CT scanner market is projected to exceed USD 2.3 billion by 2032, attributable to the high prevalence of cardiovascular diseases in the region. Moreover, healthcare organizations in the region are upgrading medical facilities into modern, integrated multiservice centers that provide patients with seamless treatment.

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To cite an instance, in February 2023, Mount Elizabeth Hospital, became the first healthcare institute in Southeast Asia to acquire the world's first photon-counting CT called Naeotom Alpha, with the goal of optimizing diagnostic and treatment routes for Singapore patients. Such initiatives are projected to provide market participants with growth prospects in the future years.

Table of Contents (ToC) of the report:

Chapter 1 Methodology & Scope

1.1 Methodology

1.2 Market scope & definitions

1.3 Base estimates and calculations

1.3.1 North America

1.3.2 Europe

1.3.3 Asia Pacific

1.3.4 Latin America

1.3.5 MEA

1.4 Forecast calculations

1.5 Data validation

1.6 COVID-19 impact analysis at global level

1.7 Data sources

1.7.1 Primary

1.7.2 Secondary

1.7.2.1 Paid sources

1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 CT scanner industry 360° synopsis, 2018 - 2032

2.1.1 Business trends (USD Million & Units)

2.1.2 Architecture trends (USD Million & Units)

2.1.3 Type trends (USD Million & Units)

2.1.4 Technology trends (USD Million & Units)

2.1.5 Application trends (USD Million & Units)

2.1.6 End-use trends (USD Million & Units)

2.1.7 Regional trends (USD Million & Units)

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