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CT Scanner Market 2020 By Regional Trend & Growth Forecast To 2025

Author : Ronak Bora | Published Date : 2020-09-17 

CT Scanner Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

CT scanner market size is anticipated to witness substantial growth worldwide owing to increasing chronic disease prevalence, with raising awareness of their early diagnosis and treatment. CT scans are deployed to detect minute changes in therapy progressions. Growing needs for minimally invasive diagnostic tools along with an extensive range of CT scanner clinical applications for disease screening and studying disease progressions will extend the development and adoption of these devices.

Rising geriatric population vulnerable to chronic diseases along with technological developments in portable scanners, high slice technologies, among others will further aggravate the industry outlook. However, prohibitive CT scanner prices, the risks of radiation exposure, and availability of refurbished units will hamper new device deployment to some extent.

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As per reports, global CT scanner market size will surpass an annual valuation of USD 7 billion by 2025 in terms of revenues. Growing adoption of pets and expenditure on pet care will steer the veterinary CT scanner industry forecast. CT scanner equipment helps the veterinarians to diagnose disorders and diseases.

Technological additions in CT scanners such as the inclusion of high slice technology, development of printable scanner, and other featured advantages will encourage a high adoption rate of the devices. The rising elderly population base, which is more vulnerable to chronic diseases, will be highly benefited with the introduction of these devices.

There is Increasing demand for minimally invasive diagnostic tools, and a broad range of clinical applications of CT scanner for disease screening which helps in studying ailment progression. On the other hand, the prohibitive cost of the device, presence of refurbished units, and risk associated with harmful radiation exposure may act as a hindering aspect.

According to reports, the O-arm segment that dominated the CT scanner market in 2016 is expected to grow significantly through 2025. The O-arm device is vastly used during instrumental placement including vascular, neurological, and visceral injuries. The technological innovations in the device and the rising number of spinal surgeries are some major factors propelling the product adoption.

Due to rising incidences of chronic diseases, an increasing number of surgeries, and a high adoption rate in hospitals requiring the maximum number of CT scans, stationary CT scanners accounted for the largest market share in 2016. Rising preferences for the convenience offered by the device coupled with technological innovations will boost portable scanner deployment.

Cone-beam computed tomography (CBCT) is expected to experience a considerable growth rate in the coming years due to the rapid scan time offered by the device, reduced risk associated with the usage of imaging modality, and rising cases of dental conditions. Additionally, there is escalating demand across cosmetic dental treatments.

Veterinary CT scanner enables veterinarians to diagnose trauma, cancer, appendicitis, cardiovascular diseases, musculoskeletal disorders, and infectious diseases. The growing trend of adopting pets and rising disposable income leading to increased spending on pet care will drive the market growth of veterinary CT scanning devices.

The CT scan in the CRO segment is used to detect minute time changes indicative of therapy continuation, that can be missed out while using other conventional methods. The escalating demand for imaging CRO services along with multifactorial benefits provided by CT scanners in the early as well as later stages of clinical trials will boost the equipment use across contract research organizations (CRO).

The development of healthcare infrastructure along with the increasing number of baby boomers will spur the China CT scanner market. Extensive investment in developing superior CT scanning technology and a rising number of people suffering from chronic ailments are some propelling factors that drive product sales in the region.

Leading companies providing CT scanner products worldwide are Xoran Technologies, Koning Corporation, United Imaging, GE Healthcare, Samsung, Accuray, CurveBeam, Carestream, Hitachi Medical Corporation, Medtronic, Koninklijke Philips, Neusoft, Siemens Healthineers, Planmed Oy, Shenzhen Anke High-Tech, and Canon Medical Systems Corporation (Toshiba Corporation). 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/ct-scanner-market

Partial Chapter of the Table of Content 

Chapter 4. CT Scanner Market, By Architecture

4.1. Key segment trends

4.2. O-arm

4.2.1. Market size, by region, 2014-2025 (USD Million, 000’ Units)

4.3. C-arm

4.3.1. Market size, by region, 2014-2025 (USD Million, 000’ Units)

Chapter 5. CT Scanner Market, By Type

5.1. Key segment trends

5.2. Portable

5.2.1. Market size, by region, 2014-2025 (USD Million, 000’ Units)

5.3. Stationary

5.3.1. Market size, by region, 2014-2025 (USD Million, 000’ Units)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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