CT Scan Devices And Equipment Market Is Expected To Grow At CAGR of 3.9% Through 2022

CT Scan Devices And Equipment Market Is Expected To Grow At CAGR of 3.9% Through 2022

“Computed Tomography (CT) Scanners Devices And Equipment Global Market Report 2019”
Hitachi Ltd. Is One Of The Largest Companies In The Computed Tomography (CT) Scanners Devices And Equipment Market, According To TBRC’s Report
(Companies: GE Healthcare, Koninklijke Philips N.V., Hitachi Ltd., Siemens and Canon Medical Systems Corporation)

The global computed tomography (CT) scanners devices and equipment market was valued at about $6.9 billion in 2018. North America was the largest region in the computed tomography (CT) scanners devices and equipment market, followed by Asia Pacific.

Computed tomography (CT) scanners are used in the diagnosis of various diseases including cancer, bone related diseases, cardiovascular diseases, gynecological diseases, urological diseases, and other diseases. CT scanners use computer-controlled X-rays to create images of the body. A CT scan is a three-dimensional method of scanning.

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Computed Tomography (CT) Scanners Devices And Equipment Market Size

The global computed tomography (CT) scanners devices and equipment market is expected to grow to $8.04 billion at a rate of about 3.9% through 2022. Rising prevalence of cancer and cardiovascular diseases are driving the computed tomography (CT) scanners devices and equipment market. According to the Centers for Disease Control and Prevention in the USA, the number of new cancer cases will go up by 24% in men and 21% in women by 2020 than in 2010. The rising need for early stage detection and prevention of these life-threatening diseases, increase the demand for proper diagnostics which poses as an opportunity for CT scan manufacturers.

Effects of radiation and increasing health concerns hinders the computed tomography (CT) scanner devices and equipment market growth.

Companies in the industry are integrating medical imaging with healthcare IT technology by providing digital access to improve patient safety, enhance healthcare facility and save patient time and money. The data from CT scans are being integrated with an image processing and communicating system such as picture archiving and communication system (PACS) that brings CT images from multiple systems into one interface. This enables radiologists to securely store, digitally transmit electronic images and clinically-relevant reports, and make use of a comprehensive database of images in order to give an accurate diagnosis.

Major players in the market are GE Healthcare, Koninklijke Philips N.V., Hitachi Ltd., Siemens and Canon Medical Systems Corporation. Hitachi, Ltd. is a Japanese multinational conglomerate company headquartered in Chiyoda, Tokyo, Japan.

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