The global computed tomography market was valued at USD 4.05 Billion in 2021. It is expected to grow at a compound annual rate (CAGR of 7.3%) between 2022 and 2030. The market will grow due to technological advancements in CT technology and the increasing prevalence of chronic diseases such as cancer, orthotics, cardiovascular, and neurological conditions.
There is a growing demand for CT scanners due to the increasing number of COVID-19 patients. This will have a positive impact on the CT market. In June 2020, for example, the Abu Dhabi Health Services Company launched a mobile CT scanner with 16 slices in the United Arab Emirates to diagnose pneumonia in COVID-19 victims. This shows that CT scanners are being used in developing countries for COVID-19 detection.
Demand for CT scanners is driven by the rising demand for early diagnosis of chronic diseases. Also, emerging countries have a developing healthcare infrastructure. This will impact the demand for advanced imaging systems such as computed tomography, due to the rising prevalence of chronic diseases worldwide.
According to the American Heart Association in 2018, 121.5 million Americans were living with cardiovascular disease. According to the British Heart Foundation in 2021, 7.6 million U.K. residents were living with cardiovascular disease. A large number of chronic diseases patients is expected to increase the demand for imaging procedures. This will increase demand for computed-tomography systems over the forecast period.
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High maintenance and high installation costs of equipment are major obstacles to global computed tomography scanners market growth over the forecast period. A computed tomography system is estimated to cost between USD 300,000 and USD 2,000,000. A basic 16-slice scanner costs around USD 60,000 annually, while a 128-slice scanner’s average annual maintenance cost is approximately USD 250,000. It is not affordable for small healthcare facilities due to its high annual maintenance costs.
This combined with a highly regulated and controlled refurbished equipment market, particularly in developing countries like India, Brazil, Chile and Mexico, has limited innovation due to the large capital requirements for the most recent devices.
Market Key Trends
Healthy Growth is expected to be observed in the High Slice Segment
High slice scanners are scanners with more than 128 slices. These include scanners with 256, 322 and 640 slices. Companies are creating new products and increasing production in response to the COVID-19 epidemic. CT scanners are widely used in many areas as a primary tool. United Imaging donated USD 1.4 Million worth of medical imaging equipment to Chinese hospitals in February 2020. One uCT780 (160-slice CT scan scanner) was installed at Huoshenshan Hospital. Canon Medical Systems launched a 160-slice CT scanner (CT) in April 2020. It also included a rapid disinfection tool. This system was designed to increase safety for patients and healthcare professionals.
A high slice CT scanner reduces scan time, increases patient throughput, lowers radiation doses and provides images that are more detailed and have fewer artifacts. This scanner is preferred for advanced imaging such as in cardiovascular exams. High-slice systems are more suitable for patients with arrhythmias and fast heart rate, as well as pediatric patients. They are also faster and offer a greater imaging area. High-slice CT is faster because no film images are required to be developed. Radiologists can further optimize images by using computers to detect microcalcifications that might be missed with low or medium slice CTs. High slice CT scanners could be a boon for the market.
Siemens Healthineers introduced a photon counting CT scanner, Naeotom Alpha in November 2021. This system has been cleared for clinical use in Europe and the United States.
Royal Philips introduced CT 7500, a spectral detector-based Spectral Computed Tomography (CT), in May 2021 for precision diagnostics.
Koninklijke Philips N.V. (Netherlands)
GE Healthcare (U.S.)
Toshiba Corporation (Japan)
Siemens AG (Germany)
Hitachi Ltd. (Japan)
Shimadzu Corporation (Japan)
Samsung Electronics Co.#Ltd. (South Korea)
Neusoft Medical Systems Co.#Ltd. (China)
Medtronic plc (Ireland)
Shenzhen Anke High-tech Co.#Ltd. (Hong Kong)
Koning Corporation (U.S.)
Carestream Health Inc. (U.S.)
PointNix Co. Ltd (South Korea)
- Low-slice Scanners (< 64 slices)
- Medium-slice Scanners (64 slices)
- High-slice Scanners (>64 slices)
Cardio and Vascular
- These are the most frequently asked questions about this report?
- What is the market for computed tomography?
- What is the growth rate of the computed tomography industry?
- Which segment had the largest market share in computed tomography?
- What are the major players in the computed tomography market?
- What are the driving factors in the market for computed tomography?
- What is the market study period?
- What is the global computed tomography (CT) market growth rate?
- Which region is experiencing the highest growth in Global Computed Tomography Market (CT)?
- Which region holds the largest share of the Global Computed Tomography Market (CT)?
- What are the major players in the Global Computed Tomography Market (CT)?
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