Global CT Scanners Market, By Slice (8-slice, 16-slice, 32-slice, 64-slice, 128-slice & above), By Modality (Fixed v/s Mobile), By Device Architecture (O-arm v/s C-arm), By Application (Cardiology, Oncology, Neurology, Others), By End Users (Hospitals, Diagnostic Centers, Others), By Region, Competition Forecast & Opportunities, 2026
Global CT scanners market was valued at USD7.25 billion in 2020 and is anticipated to grow at an impressive rate of 5.67% in the forecast period 2022-2026. The impressive CAGR can be attributed to the rising cardiovascular diseases, cancers and other neurological disorders. Moreover, CT scanners are also in demand for the post-interventional medical procedures, their importance for the post monitoring of medical implants and other anatomical confirmations supports the growth of the global CT scanners market in the future five years. CT scanners, work on the basic physics of radio-imaging that helps in visualizing the internal structure on a film. CT scanners are also used in paleoanthropological research for biomechanical study of bone distribution, reconstructing external morphology of different fossils and to study the brain morphology. Global CT scanners market is segmented by slice, modality, device architecture, application, end users, and regional distribution. Based on slice the market is further segmented into 8-slice, 16-slice, 32-slice, 64-slice, 128-slice & above. 16-slice CT held the largest share of 34.99% in the market owing to the fact that 16-slice CT scanners are in high demand for the diagnostic procedures. Moreover, the applications of the 16- slice CT are expanded to wide horizons thus driving the growth of the market in the forecast years. 16 slice CT technology has exceptionally advanced and broadened the range of CT applications to include, angiography, cardiology, kidney stone evaluation, orthopedics, and more. In the year 2020, COVID-19 virus spread across the world and the pandemic was influencing the market negatively in the first quarter of the year.Whole world observed the lockdown and markets suffered a setback because of it.
In the later half of the year, treatment plans and vaccination were introduced, and market has since recovered considerably. Regionally, North America holds the largest market share of around 37.45% in 2020 and is expected to hold its position through 2026 in global CT scanners market. This can be attributed to the large number of population suffering from chronic diseases. Additionally, rapid technological advancements and inclination of people towards newer technologies coupled with demand for effective treatment procedures, accounts for the largest share of North America. Some of the major competitors in the market are Siemens Healthineers AG, GE Healthcare, Koninklijke Philips N.V., Canon Medical Systems Corporation, Medtronic, Plc., Shimadzu Corporation, Accuray Incorporated, Hitachi Medical Corporation, Samsung Medison Co., Ltd., Carestream Health, Inc., Planmed Oy, Koning Corporation, Pointnix Co., Ltd., AB-CT - Advanced Breast-CT GmbH, Brainlab AG, among others. The companies are focusing on extensive research and developments activities to stay competitive in the market. Other competitive strategies include formation of alliances and partnerships. In July 2020, Koninklijke Philips N.V. listed out COVID-19 ‘imaging cabins” for safer X-ray and CT scans during pandemic. This system features an independent control box in the control room which allows for remote access scanning. Years considered for this report Historical Years 2016 – 2019 Base Year 2020 Estimated Year 2021 Forecast Period 2022 – 2026 Objective of the Study • To analyze the historical growth of the market size of global CT scanners market from 2016 to 2020. • To estimate and forecast the market size of global CT scanners market from 2021 to 2026 and growth rate until 2026. • To classify and forecast global CT scanners market based on slice, modality, device architecture, application, End Users, and regional distribution. • To identify dominant region or segment in the global CT scanners market. • To identify drivers and challenges for global CT scanners market. • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global CT scanners market. • To identify and analyze the profile of leading players operating in global CT scanners market. The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers, suppliers, and service providers across the globe.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst could include the manufactures which could not be identified due to the limitations of secondary research. The analyst examined the manufactures, distribution channels and presence of all major players across the globe. The analyst calculated the market size of global CT scanners market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst. Key Target Audience • Manufacturers, End Users, service providers and other stakeholders • Distributers and suppliers of CT scanners products and other stakeholders • Organizations, forums, and alliances related to CT scanners market • Market research and consulting firms The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as vendors, suppliers, End Users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Report Scope In this report, global CT scanners market has been segmented into following categories, in addition to the industry trends which have also been detailed below • Global CT Scanners Market, By Slice: o 8-slice o 16-slice o 32-slice o 64-slice o 128-slice & above • Global CT Scanners Market, By Modality: o Fixed o Mobile • Global CT Scanners Market, By Device Architecture: o O-arm o C-arm • Global CT Scanners Market, By Application: o Cardiology o Oncology o Neurology o Others • Global CT Scanners Market, By End Users: o Hospitals o Diagnostic Centers o Others • Global CT Scanners Market, By Region: o North America United States Canada Mexico o Europe Germany France United Kingdom Italy Spain o Asia-Pacific China Japan India South Korea Australia o South America Brazil Argentina Colombia o Middle East & Africa South Africa Saudi Arabia UAE Kuwait
Company Profiles Detailed analysis of the major companies present in global CT scanners market. Available Customizations With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report.
• Detailed analysis and profiling of additional market players (up to five).
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