Computed Tomography Market Share, Size, Trends and Forecast 2023-2028

The global computed tomography market size reached US$ 4.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.20% during 2023-2028.

IMARC Group, a leading market research company, has recently releases report titled “Computed Tomography Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global computed tomography market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the computed tomography market?

Report Attributes

Details

Market Size in 2022

US$ 4.4 Billion

Market Forecast in 2028

US$ 6.5 Billion

Growth rate (2023 to 2028)

CAGR of 6.20%

Base Year of the Analysis

2022

Forecast Period

2023-2028

What is computed tomography?

Computed tomography (CT) is a medical imaging technique that generates cross-sectional anatomy images, also known as slices using computerized x-rays. It is performed by rotating an x-ray source around a gantry while the patient lies on a bed. It collects successive slices and digitally stacks to create a three-dimensional (3D) image using advanced software. It also enables physicians to diagnose and monitor various medical conditions, including trauma, cancer, infection, and cardiovascular diseases (CVDs).

In addition, it is  highly effective in identifying and locating lesions, tumors, hemorrhages, bone fractures, injuries, pulmonary embolisms, and excess fluids. Moreover, it provides faster image processing, detects soft tissue damage, offer superior image quality, and eliminates overlapping issues with bones and organs. As a result, CT is widely adopted in hospitals and diagnostic centers across the globe.

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What are the growth prospects and trends in the computed tomography?

The market is primarily driven by the increasing incidences of chronic disorders such as orthopedics, neurological and cardiovascular disorders, and cancer owing to the rising consumption of alcohol, smoking, unhealthy eating habits, and sedentary lifestyles. In addition, the growing awareness regarding the importance of accurate and early diagnosis is facilitating the demand for CT scans to offer detailed and high-resolution images of tissues and organs, which help healthcare professionals to identify abnormalities and detect diseases at nascent stages, which is contributing to the market growth.

Moreover, various technological advancements, such as the introduction of machine learning (ML) and artificial intelligence (AI)-based algorithms to automate and optimize the data acquisition process, which enhances sensitivity, improves image quality, and minimizes exposure of patients to radiation, represents another major growth-inducing factor. Besides this, the widespread adoption of CT scans in minimally invasive (MI) and robotic surgical procedures to pre-operatively screen patients and determine the risk of morbidity and mortality is propelling the market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

  • Low Slice
  • Medium Slice
  • High Slice
  • Cone Beam

Application Insights:

  • Oncology
  • Neurology
  • Cardiovascular
  • Musculoskeletal
  • Others

End User Insights:

  • Hospitals
  • Diagnostic Centers
  • Others

Breakup by Geography:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Canon Medical Systems Corporation (Canon Inc.)
  • FUJIFILM Holdings Corporation
  • GE HealthCare (General Electric Company)
  • Koning Corporation
  • Koninklijke Philips N.V.
  • NeuroLogica Corp. (Samsung Electronics Co. Ltd.)
  • Neusoft Medical Systems Co. Ltd. (Neusoft Corporation)
  • Planmeca Oy
  • Siemens Healthineers AG (Siemens AG)
  • Stryker Corporation

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If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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dean ambrose

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