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Global Micro Computed Tomography Market: Overview

A rising variety of applications along with significant demand for technologically sophisticated systems capable of 3D rendering is likely to drive development of the global Micro Computed Tomography market. Increased product features and a high rate of replacement are also likely to fuel market expansion. The new features are expected to broaden the scope of application of micro computed tomography (CT) systems.

Micro-CT scans have the advantage of having a short-exposure time scans, narrow bandwidth, good bone and lung sensitivity, and are cost-effective. It also comes with the benefits of monochromatic X-ray with virtually parallel X-ray beams with adequate high flux to enable rapid scanning and comfortable in-depth investigation and has high spatial resolution. The main advantage is that it is a non-destructive procedure; after the substance has been scanned, the reconstructed pictures can be saved and inspected, sliced, rotated at any point of time. Micro-CT also helps to reduce the number of animals used in research.

This study from Transparency Market Research (TMR) provides a complete insight of the global Micro Computed Tomography market. It provides well-researched data on a variety of market aspects in order to provide useful business input for profit generation.

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Global Micro Computed Tomography Market: Notable Developments

Tescan released the UniTOM HR in August 2021, claiming it to be the first of its kind dynamic micro-CT system featuring sub-micron resolution 3D non-destructive imaging for high temporal resolution and static studies for constant 4D dynamic CT research.

The noted players that are operational in the global Micro Computed Tomography market are Sanying Precision Instruments Co.Ltd, Bruker Corporation, SCANCO Medical AG, Thermo Fisher Scientific, North Star Imaging Inc., and Carl Zeiss AG.

Global Micro Computed Tomography Market: Key Trends

Below-mentioned market trends and opportunities mark the global micro computed tomography market:

Rise in the Use of Micro-CT in R&D Activities to Bolster Growth of the Market

Increasing use of micro-CT in research and development activities are likely to strengthen product demand. The Bruker SkyScan 1278 in vivo micro-CT scanner, for example, was employed at the KU in Louvain, Belgium, to assist COVID-19-focused research, according to BioSpin PreClinical Imaging Division by Bruker. In COVID-19 infection models, the university's capabilities in preclinical testing are utilized to explore the effectiveness of vaccination and pharmacological options. This is one of the first studies to use hamsters and mice in models of COVID-19 for in-vivo imaging. It is also expected to aid researchers in their understanding of how the SARS-CoV-2 virus causes damage to lungs.

The global micro computed tomography market is being driven by major companies' changing focus to the development of technically sophisticated devices, as well as acquisitions, mergers, and product approvals. The market penetration of micro-CT is likely to be boosted by the development of technically improved devices with qualities such as quicker performance and reduced time and labor. The number of uses for three-dimensional imaging is increasing as the resolution available improves.

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Global Micro Computed Tomography Market: Geographical Analysis

The global Micro Computed Tomography Market is likely to be dominated by North America. The region is expected to account for a large share of the global revenue. The North America region is predicted to increase at a significant rate. The presence of a large number of market players in the North America region, as well as the high frequency with which new products are released, both appear to be contributing towards the growth of the regional market. Furthermore, greater financing has boosted the region's scientific activity.

Due to growing demand for improved imaging equipment and the increasing frequency of research activities, the market in Asia Pacific is expected to grow at the rapid pace over the forecast period, from 2021 to 2031. In addition, numerous firms are expanding their operations in this area.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Micro Computed Tomography Market