Who are the key manufacturers in the CT Scanner Market?

This report aims to provide detailed insights into the global CT Scanner Market. It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market.

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Key Market Player

Major players in the CT scanner market include General Healthcare (US), Siemens (Germany), Philips (Netherlands), Toshiba Corporation (Japan), Hitachi (Japan), Shimadzu (Japan), Samsung (South Korea), Neusoft Medical Systems. (China), Medtronic (Ireland), Shenzhen (Hong Kong), and Accuray (US), among others. Product approvals, launches, and enhancements were the key strategies adopted by players to grow and expand their presence in the CT scanner market.

To define, describe, and forecast the CT scanner market on the basis of product type, device architecture, technology, application, end user, and region

  • To provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the market
  • To analyze opportunities in the market for key stakeholders and provide details of the competitive landscape for major market leaders
  • To forecast the size of the market segments with respect to four major regions, namely, North America, Europe, Asia-Pacific, and RoW2
  • To profile the key players in the market and comprehensively analyze their market shares and core competencies3
  • To track and analyze competitive developments such as product launches; agreements, partnerships, & collaborations; mergers & acquisitions; and research & development activities in the global CT scanner market

Technological innovation coupled with rising preference for minimally invasive surgeries are the major drivers for the market.

Over the last decade, the diagnostic imaging industry has witnessed significant technological advancements in the field of computed tomography, including the emergence of low-dose and automated CT scanners. These devices offer high image quality with improved spatial resolution and low radiation exposure to the patient as well as surgeons. These advanced CT devices have a simplified console, offer ease of operability, and provide affordable installation with minimal space requirements. These factors are driving the adoption of such products among healthcare professionals and researchers across major healthcare markets worldwide. Moreover, ongoing advancements in the field of semiconductor materials have enabled device miniaturization as well as the development of multi-slice CT scanners that offer 128-, 256-, 320-, or 500- slice CT images. These developments along with expansion in the application horizon of CT technology have resulted in their growing adoption among various end users worldwide. For instance, in 2015, Siemens Healthineers (Germany) received U.S. FDA’s 510(k) clearance for its SOMATOM Force, SOMATOM Definition Flash, SOMATOM Definition Edge, SOMATOM Definition AS/AS+, SOMATOM Perspective, SOMATOM Scope, and the SOMATOM Emotion 16 CT systems; these systems offer low radiation exposure during lung cancer screening. Also, in 2016, Koninklijke Philips N.V. (Netherlands) launched the IQon Spectral CT system in Canada; this system offers exclusive spectral imaging capabilities with low radiation exposure.

The following are the major objectives of the study

To define, describe, and forecast the CT scanner market on the basis of product type, device architecture, technology, application, end user, and region

  • To provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the market
  • To analyze opportunities in the market for key stakeholders and provide details of the competitive landscape for major market leaders
  • To forecast the size of the market segments with respect to four major regions, namely, North America, Europe, Asia-Pacific, and RoW2
  • To profile the key players in the market and comprehensively analyze their market shares and core competencies3
  • To track and analyze competitive developments such as product launches; agreements, partnerships, & collaborations; mergers & acquisitions; and research & development activities in the global CT scanner market

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Expected Revenue Growth: The global CT scanner market is expected to reach USD 6.20 billion by 2022 from USD 4.76 billion in 2017, at a CAGR of 5.4% during the forecast period. Major factors driving the growth of this market include growing need for effective and early diagnosis, rising global prevalence of targeted diseases coupled with an aging population, increasing preference for minimally invasive diagnostic procedures, increasing benefits of CT scans over other imaging modalities, and technological advancements. However, significant installation and maintenance costs, uncertain reimbursement scenario across developing nations, dearth of well-trained and skilled healthcare professionals may hinder the growth of the CT scanner market during the forecast period.

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