CT Scanners Market
CT Scanners Market (Product Type - C-Arm and O-Arm; End User - Hospitals, Diagnostic Centers, Research & Academic Institutions, Ambulatory Care Centers, and Veterinary Clinics and Hospitals; Modality – Standalone and Portable; Technology - High-slice, Mid-slice, Low-Slice, and Cone Beam) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022
Press Release :
Global CT Scanners Market: Snapshot
The healthcare industry has always been prosperous and substantially dependent on product innovation. CT scanners market is no different, which has tremendous potential across the globe, especially for those vendors who can stay in-sync with the latest technologies. The demand in the global CT scanners market is projected to increment at a CAGR of 5.9% during the forecast period of 2017 to 2022, gaining traction from a number of factors such as increasing preference of the patients for minimally invasive diagnostic procedures, improve healthcare infrastructure in various emerging economies, recent product improvements including the advent of portable CT scanners, and escalating geriatric population who require bedside imaging and home healthcare. In terms of revenue, the global CT scanners market is estimated to be worth US$6,429.8 mn by 2022, considerably up from its evaluated worth of US$4,834.1 mn by 2017.
O-Arm CT Scanners Producing More than Two-Third of the Overall Demand
Based on product type, the global CT scanners market has been segmented into C-Arm and O-Arm. The latter accounted for 70.2% of the overall demand in CT scanners market in 2017, and is anticipated to maintain similar chunk of demand until 2022 too, wherein it will promise a revenue of US$4,530.6 mn. The demand for O-Arm CT scanners segment is projected for a CAGR of 6.0% during the forecast period of 2017 to 2022. Based on end user, the market for CT scanners has been bifurcated into hospitals, diagnostic centers, research and academic institution, ambulatory care centers, veterinary clinics and hospitals, and other end users. On the basis of modality, the CT scanners market is categorized into standalone and portable, whereas technology-wise, the market has been classified into high-slice, mid-slice, low-slice, and cone beam. The portable CT scanners segment is gaining popularity at a rapid rate, which is a reflection of increasing number of device installations across developed markets, lower switching costs provided by these portable products, and growing application horizons.
North America Substantially Stronger Market than Other Regions
Geographically, the report takes stock of the potential of CT scanners market in the regions of North America, Latin America, Europe, Asia Pacific except Japan (APEJ), and the Middle East and Africa (MEA), as well as in the country of Japan. In 2017, North America CT scanners market was most profitable among all regions, generating a revenue of US$1,844.7 mn, and expanding at an above-average CAGR of 6.2% during the forecast period of 2017 to 2022, it is estimated to be worth US$2,486.4 mn by 2022. Escalating geriatric population, increasing emphasis on minimally invasive procedures, robust reimbursement policies, and rising private and public investments are some of the key factors augmenting the demand in the North America CT scanners market. Europe is currently the second most profitable region, promising a demand for CT scanners worth of US$1,860.2 mn by 2022. This is a reflection of early adoption of new technology and moderate healthcare facilities in the region. That being said, APEJ region is projected to the best growth rate, which equal to North America. This region includes two of the most promising country-wide markets of India and China, who are among the fastest growing economies in the World.
Innovation to Define Market Leader
GE Healthcare, Koninklijke Philips N.V., Medtronic PLC, Siemens AG, Accuray Incorporated, Carestream Health, Inc., Hitachi Ltd, Koning Corporation, Neusoft Corporation, Planmed Oy, Samsung Electronics Co., Ltd., Shenzhen Anke High-Tech Co., Ltd., Toshiba Corporation, and Shimadzu Corporation are some of the key companies currently operating in the global CT scanners market. Most of these companies are concentrating on developing portable products and increasing their geographical presence to strengthen their position in the market.
Global CT Scanners Market: Overview
The global CT scanners market is currently in development stage, wherein product innovation is at the forefront of strategies for the vendors striving to gain ground over their competitors. For instance, the development of portable CT scanners is expected to go a long way in defining the leader of the market in the near future. This report on the global CT scanners market provides estimations and forecast for the duration of 2017 to 2022, segments it on the basis of product type, end user, modality, and technology, evaluates the potential of various regions, profiles some of the key companies in order to gauge the competitive landscape. The report has been developed by a group of professional market research analysts and aspires to serve as a credible business tool for its targeted audiences such as original equipment manufacturers (OEMs), hospitals and diagnostic centers, research institutes, and government agencies.
Global CT Scanners Market: Key Research Aspects
The report provides qualitative and quantitative analysis of the global CT scanners market. Qualitative analysis comprises market dynamics, trends, product overview, and country-level market information. Quantitative analysis includes major players with their reported revenue, market size, and forecast for the global CT scanners market in major countries globally. Market revenue is provided in terms of US$ Mn from 2017 to 2022 along with the compound annual growth rate (CAGR %) from 2017 to 2022 for all the segments, considering 2016 as the base year. The executive summary of the report provides a snapshot of the CT scanners with information on leading segments, country wise market information with respect to the market size, growth rate (CAGR %), and growth factors. The market overview section comprises impact factors such as drivers, restraints, and opportunities for the CT scanners market. These factors would aid the stakeholders in establishing a strong foothold in the global CT scanners market. Furthermore, the market overview section comprises key industry events, product overview, market attractiveness analysis and emerging trend in the blood transfusion diagnostics market. The market attractiveness analysis provides a graphical view comparing the growth and market dynamics in various segments and country wise to identify the most attractive market.
Global CT Scanners Market: Segmentations
Based on product type, the global CT scanners market has been segmented into C-Arm and O-Arm. On the basis of end users, the market for CT scanners has been bifurcated into hospitals, diagnostic centers, research and academic institution, ambulatory care centers, veterinary clinics and hospitals, and other end users. On the basis of modality, the CT scanners market is categorized into standalone and portable, whereas technology-wise, the market has been classified into high-slice, mid-slice, low-slice, and cone beam.
Geographically, the report takes stock of the potential of CT scanners market in the regions of North America, Europe, Latin America, The Middle East and Africa (MEA), and Asia Pacific except Japan (APEJ). Some of the key countries among these regions identified by the report that have considerable market for CT scanners are: the U.S., Canada, Brazil, Mexico, Germany, the U.K., France, Spain, India, China, Malaysia, Thailand, GCC countries, South Africa, and Israel, and Nigeria. For each of these countries, the report provides revenue comparison based on product type, end user, technology, and modality.
Global CT Scanners Market: Competitive Landscape
Koninklijke Philips N.V., GE Healthcare, Medtronic PLC, Accuray Incorporated, Samsung Electronics Co., Ltd., Shenzhen Anke High-Tech Co., Ltd., Carestream Health, Inc., Hitachi Ltd, Koning Corporation, Neusoft Corporation, Planmed Oy, Shimadzu Corporation, Toshiba Corporation, and Siemens AG are some of the key companies currently occupying prominent positions in the global CT scanners market.