Global Computed Tomography (CT) Scanners Devices ...

Computed Tomography (CT) Scanners Devices And Equipment Market Driver: Rising Prevalence Of Cancer And Cardiovascular Diseases Fueling Growth In The Computed Tomography (CT) Scanner Devices And Equipment Market

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The increasing rate of cancer and cardiovascular ailments is anticipated to drive significant growth in the computed tomography (CT) scanners devices and equipment market in the coming years. Both cancer and cardiovascular diseases (CVD) stem from various overlapping risk factors, which encompass smoking, metabolic conditions, exposure to radiation, age, and air pollution. CT scans play a vital role in identifying tumors and other anomalies, particularly those linked to cancer and CVD, and are instrumental in planning and executing therapeutic procedures such as cryotherapy and radiofrequency ablation. For instance, as per the Cancer Facts and Figures report by the American Cancer Society, an estimated 1.9 million new cancer cases are expected to be diagnosed in the United States—an increase from 1.8 million in the prior year. Conversely, projections indicate a slight uptick in the estimated cancer fatalities, with 609,360 expected in contrast to 608,570 the previous year. Therefore, the proliferation of cancer and cardiovascular conditions is propelling the computed tomography (CT) scanner devices and equipment market forward.

Computed Tomography (CT) Scanners Devices And Equipment Market Driver: Geriatric Population Surge Fuels Growth In Computed Tomography Scanner Devices And Equipment Market

The growth of the elderly population is set to enhance the demand for computed tomography scanner devices and equipment in the near future. The elderly demographic, defined as individuals aged 65 and above, can greatly benefit from CT technology by means of non-invasive diagnostic measures, early disease detection, tailored medical interventions, and minimized radiation exposure. Based on data from the Administration for Community Living, a U.S. government initiative, the upper segment of the population was estimated at 55.8 million in 2019, with projections indicating a rise to 80.8 million by 2040, and eventually reaching 94.7 million by 2060. As a result, the surge in the geriatric demographic significantly contributes to the growth of the computed tomography scanner devices and equipment market.

Global Computed Tomography (CT) Scanners Devices And Equipment Market Major Players

Prominent entities in the computed tomography (CT) scanners devices and equipment sector encompass GE Healthcare, Koninklijke Philips N.V., Hitachi Ltd., Siemens Healthineers, Canon Medical Systems Corporation, Neusoft Medical Systems, NeuroLogica Corp., Samsung Electronics, Shimadzu Corporation, Amber Diagnostics, Shenzhen Anke High-Tech, Fujifilm Holdings Corporation, Koning Corporation, Danaher Corporation, Medtronic plc, ScanCO Medical AG, United Imaging, Carestream Health, Planmed Oy, Sectra, Atlantis Worldwide LLC, NCD Company, Dunlee, Shared Imaging, United Imaging, Canon Medical Systems Corporation, Accuray, Allengers Medical Systems, Animage, Carestream Health, DDD-Diagnostic, Fujifilm Medical Systems, Hologic, Konica Minolta Healthcare, MEDI-FUTURE, Medrad, Medtronic plc, MT.DERM Group, Neusoft Medical Systems, Palladium, Perlong Medical, Philips Healthcare, QR s.r.l., Samsung Healthcare, Shimadzu Corporation, Toshiba Medical Systems Corporation, Xoran Technologies

Global Computed Tomography (CT) Scanners Devices And Equipment Market Restraint: Radiation Concerns And Health Risks Cast A Shadow On The Computed Tomography (CT) Scanner Devices And Equipment Market

Concerns regarding radiation exposure and the associated health risks pose a challenge to the growth of the computed tomography (CT) scanners devices and equipment sector. CT diagnostic imaging utilizes scanners that emit electromagnetic waves or particles, classed as 'ionizing radiation', which are linked with significant health hazards. Long-term exposure to even low doses can potentially lead to cancer, while exceeding certain thresholds can result in severe skin injuries and acute radiation syndrome. A global survey by the National Council on Radiation Protection and Measurements (NCRP) revealed that hundreds of individuals were exposed to radiation levels beyond safe limits, with a reported death toll of 190.

Global Computed Tomography (CT) Scanners Devices And Equipment Market Trend: Siemens Healthineers Pioneers Medical Imaging With Photon-Counting Technology In Naeotom Alpha Ct Scanner

Key players in the computed tomography (CT) scanners devices and equipment market are focusing on developing advanced products utilizing cutting-edge technologies like photon-counting to enhance patient care. Photon-counting technology represents a significant advancement in CT, facilitating the identification of individual X-ray photons. For example, Siemens Healthineers introduced the Naeotom Alpha in November 2020, based on this innovative technology. The Naeotom Alpha CT scanner features a QuantaMax detector that transforms X-rays directly into electrical signals for image generation. This groundbreaking technology promises to enhance diagnostic precision, mitigate radiation exposure risks, and deliver standardized results for consistent follow-up assessments.

Global Computed Tomography (CT) Scanners Devices And Equipment Market Trend: Integration Of Healthcare IT Technology Elevates The Computed Tomography (CT) Scanner Devices And Equipment Industry

Entities within the computed tomography (CT) scanners devices and equipment domain are increasingly merging medical imaging with healthcare IT solutions to offer digital access, bolstering patient safety, optimizing healthcare operations, and economizing expenses. Data derived from CT scans are being integrated with systems like picture archiving and communication systems (PACS), which consolidate CT images from diverse systems into a singular platform. This integration empowers radiologists to securely preserve and digitally share electronic images and pertinent reports while leveraging a comprehensive image repository for accurate diagnoses. Such technologies have found widespread application in clinical analyses, diagnostics, and treatments across various medical fields like radiology, nuclear medicine, cardiology, pathology, oncology, and dermatology. For instance, Prismatic Sensors AB, a Swedish company, is innovating photon counting detectors tailored for computed tomography applications.

Regional Analysis For The Global Computed Tomography (CT) Scanners Devices And Equipment Market

North America has emerged as the leading region in the computed tomography scanners devices and equipment market in 2020, followed by Western Europe as the second-largest market contributor. The regional analysis within the computed tomography (CT) scanners devices and equipment market report includes analyses of Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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The market report covers data from various countries, including Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, the USA, Italy, Spain, and Canada.

The computed tomography (CT) scanners devices and equipment marketplace comprises sales from low-end segment (single and dual-slice CT scanners), mid-end segment (multi-slice scanners), and high-end slice segment (open versions and cardiac CT scanners) utilized for CT imaging. The values presented in this market encompass factory gate values, which represent the sales value by manufacturers to other entities or directly to consumers. This encompasses related services sold by the original manufacturers.

The market value denotes the revenues derived from the sale of goods and/or services within the specified market and geographic area, recognized in currency terms (in USD unless indicated otherwise).

The revenue figures for a specified region represent consumption values generated by organizations within that region, irrespective of the production location. This excludes revenues from resale within the supply chain.

The computed tomography (CT) scanners devices and equipment market research report is part of a collection of new reports published by The Business Research Company, providing detailed statistics including global market size, regional shares, market competitors, specific market segments, trends, opportunities, and any additional information essential for success in the computed tomography (CT) scanners devices and equipment realm. This report delivers a comprehensive perspective on the current and future state of the industry.