A recent report published by Infinium Global Research on CT scanners market provides in-depth analysis of segments and sub-segments in the global as well as regional CT scanners market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional CT scanners market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global CT scanners market. According to the report, the global CT scanners market is projected to grow at a CAGR of 8.4% over the forecast period of 2019-2025.
CT scan is a long-recognized imaging technique that has witnessed plenty of modifications and improvements over the past few years. The global CT scanners market is expected to grow at a success rate over the forecast period. Growing awareness about early disease diagnosis is projected to offer beneficial opportunities for the growth of CT scanners market in the upcoming years.
Increasing rates of several diseases such as cancer, orthopedic, cardiovascular and dental disorders are the major drivers for the growth of CT scanners market across the globe. Cardiovascular disease claims more lives each year than all forms of cancer and chronic lower respiratory disease. According to the American Heart Association, cardiovascular disease accounts for around 801,000 deaths in the United States. Nearly 2,200 Americans die of cardiovascular disease every day, an average of 1 death every 40 seconds. Moreover, the growing number of medical implants surgeries due to unhealthy lifestyles are other factors for the growth of the global CT scanners market. Also, increasing rates of the old aged population also help in the growth of the market. However, the lack of skilled professionals, the high installation cost of CT systems and side effects due to radiation exposure hinder the market growth. Besides, technological advancements create an opportunity for the growth of the CT scanners market in the upcoming years.
In terms of region, the CT scanners market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America holds the largest share and is estimated to dominate the CT scanners market during the forecast period due to growth in the aging population in the United States. Moreover, the Asia Pacific region is projected to grow at a rapid speed in the CT scanners market. This is attributed to the increasing rate of several diseases that leads to an increase in the diagnostic procedures in the Asia Pacific region. Also, growing government funding for improved healthcare infrastructure also helps in the growth of the CT scanners market in this region.
The report on global CT scanners market covers segments such as type, technology, application, and end user. On the basis of type, the sub-markets include c-arm CT scanner, and o-arm CT scanner. On the basis of technology, the sub-markets include high-end slice CT scanner, mid-end slice CT scanner, low-end slice CT scanner, and cone beam CT scanner. On the basis of application, the sub-markets include oncology, cardiology, vascular, neurology, and other applications. On the basis of end user, the sub-markets include hospital, clinics, diagnostic imaging centers, and other end user.
The report provides profiles of the companies in the market such as NeuroLogica Corporation, Hitachi Ltd., GE Healthcare, Koninklijke Philips N.V., Siemens AG, Samsung Electronics Co., Ltd., Koning Corporation, CurveBeam, Accuray Incorporated, Xoran Technologies, LLC, and Other Companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of ct scanners market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.