CT Scan Market is predicted to reach USD 7.2 billion with a CAGR of 4.5% according to Market Data Forecast report.

CT Scan Market is predicted to reach USD 7.2 billion with a CAGR of 4.5% according to Market Data Forecast report.

ID: 1439 | May 2017 | Region: Global


The CT Scan Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the CT Scan Market is estimated to be USD 5.78 billion in 2016 and predicted to rise to USD 7.2 billion by 2021 with a CAGR of 4.5%. The market is segmented based on its types. There are three types, namely Low-slice, Mid-slice and High-slice. Low-Slice Type has been segmented into Single Slice CT Scanners and Dual Slice CT Scanners. Mid-Slice Type has been segmented into 6 Slice, 10 Slice, 16 Slice And 32 Slice. And High-Slice Type has been segmented into 40 Slice, 64 Slice, Open Versions, and Cardiac CT. Futhermore, based on geography the market is segmented into various regions namely North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.

Increasing demand for bedside imaging, home healthcare, and growing use of CT scan to assess the accuracy of post interventional medical procedures, medical implants and anatomical confirmation are some of the main factors driving industry growth. Increasing prevalence of diseases such as cancer, orthopedic, cardiovascular and dental disorders will also enhance the growth of the market Other drivers of growth include the growing demands from governments for premium healthcare delivery. Significant advances in imaging technologies promise to improve wellness through quicker and more precise detection of medical conditions. A rising fiscal deficit is expected to hinder the growth of CT Scan market in developed nations. Also, CT imaging radiation dose continues to be an area of concern. A lot of patients and medical associations have raised this issue and raised their voice against the possible side-effects of CT scanning. The industry continues to try to reduce exposure while ensuring image quality.

Medium slice scanners (64 slices) dominated the global portable CT scan devices market, owing to their high image resolution capabilities and high usage rates. North America is expected to dominate the overall market in the next five years owing to the presence of premium healthcare infrastructure, established reimbursement framework and high healthcare affordability in this region. However, the presence of high unmet medical needs in emerging Asian economies such as India and China will help the Asia-Pacific CT scan market grow at the highest CAGR.

Some of the major players in this market are GE Healthcare, Hitachi Medical Corporation, Hitachi Medical Systems America, Inc., NeuroLogica Corporation, Neusoft Medical Systems Co. Ltd., Philips Healthcare, Shenzhen Anke High-Tech Co., Siemens Healthcare, and Toshiba Medical Systems Corporation.

 

Browse through the full report at “http://www.marketdataforecast.com/market-reports/global-ct-scan-market-1433/” and checkout our recent reports in the Medical Devices category at “http://www.marketdataforecast.com/research-reports/healthcare/medical-devices-2/”. For more insights and up-to-date industry news don’t forget subscribing to our newsletters.

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