Global Computed Tomography Market Report and Forecast 2024-2032

Global Computed Tomography Market Outlook

The global computed tomography market size reached a value of USD 6.59 billion in 2023. The market is likely to grow at a rate of 6% during the forecast period of 2024-2032 to attain a market value of USD 11.14 billion by 2032, driven by the rising demand for diagnostics.

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Computed Tomography Market: Insights, Principle, and Diagnostic

Computed Tomography (CT) or Computerised Axial Tomography (CAT) scan is an imaging modality that uses X-rays to form cross-sectional images of the body. This technique is also called as computerised axial tomography or computerized tomography.

In the CT scan, a picture is being created that depicts the bones, organs, and other tissues in a thin slice of the body. The computer programs are used to create these pictures, which can be visualized in the two dimensional and three-dimensional view. This is mainly utilized for the diagnostic purposes in the detection of the several disorders including circulatory diseases, such as blood clots, blood vessel aneurysms, coronary artery disease, spinal disorders, inflammatory diseases, kidney and bladder stones, and injuries to the internal organs.

The modern CT machines take the continuous pictures in a helical fashion rather than the original individual pictures being taken by the traditional machines. Thus, this has facilitated the faster and accurate results and aid in the detection of the minor abnormalities present in the body.

Computed Tomography Market Segmentations

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Market Breakup by Technology

• High Slice

• Mid Slice

• Low Slice

• Cone Beam Computed Tomography (CBCT)

Market Breakup by Application

• Orthopaedics

• Cardiovascular

• Oncology

• Neurology

• Others

Market Breakup by Modality

• O-Arm

• C-Arm

Market Breakup by End User

• Hospitals and ICUs

• Ambulatory Surgical and Diagnostic Centres

• Nursing Homes and Maternity Centres

Computed Tomography Market Breakup by Regions

• North America 
  • United States of America
  • Canada 
• Europe 
  • United Kingdom
  • Germany
  • France
  • Italy
• Asia Pacific 
  • China
  • Japan
  • India
  • ASEAN
  • Australia
• Latin America
  • Brazil
  • Argentina
  • Mexico
• Middle East and Africa
  • Saudi Arabia
  • United Arab Emirates
  • Nigeria
  • South Africa

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Rapid Technological Advancements to Drive the Growth of the Computed Tomography Market

CT scan is one of the most important tests conducted for diagnosis, especially after accidents, for scanning bone, soft tissue, and blood vessels and for understanding the severity of the damage. The growth of the computed tomography scans market is primarily driven by the rapid technological developments in the market. The rising prevalence of chronic diseases, like orthopaedics, cancer, cardiovascular, and neurological conditions has further increased the demand for CT scans. Advancements in technology for CT scan leads to better diagnoses, which saves the patients from unnecessary medical procedures, and expenses. It also speeds up the treatment procedure by providing the physician with clear anatomical images, leading to faster treatment procedure and recovery thereafter. 

Oncology Segment to Account for a Significant Share 

The global computed tomography market, based on application, is dominated by the oncology segment due to the rapidly rising prevalence of cancer across the globe. Cancers of all type are rising due to the changing lifestyles of the people and thus the demand for cancer tests is also rising rapidly. Early diagnosis can help the patients tackle the disease at the earliest.

Orthopaedics and neurology segments are also likely to account for significant shares due to the rising cases of accidents, along with the rising geriatric population across the globe. The rising interest of the youth in sports has also increased the number of different injuries, especially ligament tears, which further highlights the importance of CT scans.

Regional Outlook of the Computed Tomography Market

North America has been dominating the global market in terms of number of CT scans required every year. This dominance can be attributed to the robust rise in the prevalence of cancer cases in the region every year, especially in the United States. There were more than 1.9 million cancer cases diagnosed in the United States in 2023 alone  and the number has been constantly rising, further propelling the demand for computed tomography scans for timely diagnosis of the disease. The United States is also the leading regions in terms of technological advancements and has introduced various technological developments in the CT scans as well. Introduction of artificial intelligence in these systems, along with the developments like reduced launch of low radiation inducing machines.

Other regions, like Europe and Asia Pacific, are also witnessing higher demand for CT scans due to the rising geriatric population as well as the rapid technological advancements in medical industry.

Technological Developments in the Computed Tomography Market

The computed tomography market has recently seen a lot of technological advances and is anticipated to witness a lot more in the coming years as well. Some of the recent features in the CT scan machines are as follows:

• Reduced Radiation Exposure- Radiations emitted from CT scans has always been a major issue due to which some patients avoid being diagnosed. These radiations can cause severe side effects on the patients’ health. The current technologies have significantly reduced the amount of radiations emitted from the machines, reducing the risk of side effects on health.

• Higher Speed of the Device- The current CT scan equipment takes super-fast pictures in milliseconds. It can even take a super quick and clear picture of a moving heart with the help of a three-dimensional tool format on the system. These pictures come with more detailed visual of the heart.

• Portable CT Scanning- Mobile and portable CT scan machines offer significant clinical and economical benefits. NeuroLogica, one of the key players, created the Bodytom Elite. It is the world’s first mobile, 32-slice, full-body CT scanner which can transform any room into an advanced CT scan lab. It is powered with a battery using an internal drive system which can be easily transported from one place to another. It also accommodated patients of all sizes.

In September 2023, Philips introduced their new range of advance CT scan machine called Spectral CT 7500 system. This system would need the physicians to need only one scan to capture all the data required to differentiate and quantify different tissues. Spectral CT helps in enhanced detection, delineation, and quantification of lesions, leading to better-informed planning for minimally-invasive procedures and more precise interventions. 

There are many other developments in the market done by the key players to make the whole procedure a lot easier.

Competitive Landscape

The report gives an in-depth analysis of the key players involved in the computed tomography market, sponsors manufacturing the machine, and working on the technological developments. The key companies included in the market are as follows:

• General Electric Company

• Hitachi, Ltd.

• Siemens Healthcare GmbH

• Koninklijke Philips N.V.

• Neusoft Corporation

• Canon Medical Systems Corporation

• Carestream Health

• Planmca Oy

• Fujifilm Corporation

• NeuroLogica Corp.

Key Highlights of the Report