CT Scanner Market Size Worth $12.67 Billion By 2032 | CAGR: 7.10%

CT Scanner Market Size Worth $12.67 Billion By 2032 | CAGR: 7.10%


The global CT scanner market size is expected to reach USD 12.67 billion by 2032, according to a new study by Polaris Market Research. The report “CT Scanner Market Share, Size, Trends, Industry Analysis Report, By Type (Stationary and Portable); By Technology; By Architecture; By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The COVID-19 pandemic has significantly increased the demand for CT scans in the healthcare industry, leading to substantial growth in the market compared to pre-pandemic levels. This increased demand is driven by the global need for diagnostic imaging during the pandemic and the rising incidence of chronic diseases such as cancer, cardiovascular disorders, neurologic conditions, and orthopedic problems. The prevalence of cancer, in particular, has seen a significant increase globally, further contributing to the demand for CT scanners.

Computed tomography has become a crucial medical imaging system for diagnosing and treating various diseases. The advancements in healthcare technology and the growing prevalence of chronic disorders have propelled the demand for more advanced imaging systems, including CT scanners. Market players are actively developing technologically advanced products to gain a competitive advantage, with higher slice CT systems being introduced to enhance image quality, reduce scanning times, and eliminate stitching artifacts. However, the availability of technologically advanced high-slice and application-specific CT scanners is still limited to a few players in the market.

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Cardiac imaging, specifically coronary computed tomography angiography (CTA), has emerged as a significant application of computed tomography. Physicians increasingly rely on CTA for evaluating cardiovascular complications, further driving the demand for CT scanners in this segment. Key market players are launching technologically advanced products to stay competitive, as demonstrated by Hitachi's recent introduction of its Scenario 64-slice CT scanner. This product focuses on reducing radiation dose and providing better support for interventionists, allowing Hitachi to strengthen its product portfolio in the highly competitive CT scanner market.

CT Scanner Market Report Highlights

  • The O-arm scanner segment is expected to experience rapid growth due to increasing scanner operations, greater acceptance of novel solutions, and the introduction of advanced products with improved features and functionalities.
  • The oncology market is expected to grow due to increasing cancer cases and the demand for advanced scanner solutions.
  • The North America market is expected to dominate the global revenue share due to factors such as a large patient population, preference for advanced technologies, presence of chronic conditions, well-established manufacturers, and adoption of advanced treatment technologies.
  • The global key market players include Accuray, Canon Medical Systems, Carestream Health, Inc., CurveBeam, GE Healthcare, General Electric Company, Hitachi Medical Corporation, iCRco, Inc., Koning Corporation, Koninklijke Philips, Medtronic Inc., NeuroLogica Corp., Neusoft, Planmed Oy, Samsung, Shenzhen Anke High-Tech, Siemens AG, United Imaging Technologies, and Xoran Technologies, LLC.

Polaris Market Research has segmented the CT Scanner market report based on type, technology, architecture, application, and region:

CT Scanner, Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Stationary
  • Portable

CT Scanner, Technology Outlook (Revenue - USD Billion, 2019 - 2032)

  • High Slice
  • Mid Slice
  • Low Slice
  • Cone Beam

CT Scanner, Architecture Outlook (Revenue - USD Billion, 2019 - 2032)

  • C-arm
  • O-arm

CT Scanner, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Oncology
  • Neurology
  • Cardiovascular
  • Musculoskeletal
  • Others

CT Scanner, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

CT Scanner Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 7.34 Billion

Revenue forecast in 2032

USD 12.67 Billion

CAGR

7.10% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments Covered

By Type, By Technology, By Architecture, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key Companies

Accuray, Canon Medical Systems, Carestream Health, Inc., CurveBeam, GE Healthcare, General Electric Company, Hitachi Medical Corporation, iCRco, Inc., Koning Corporation, Koninklijke Philips, Medtronic Inc., NeuroLogica Corp., Neusoft, Planmed Oy, Samsung, Shenzhen Anke High-Tech, Siemens AG, United Imaging Technologies, and Xoran Technologies, LLC.

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