New York, June 03, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Global CT Scanners Market, By Slice, By Modality, By Device Architecture, By Application, By End Users, By Region, Competition Forecast et opportunities , 2026 “- https://www.reportlinker.com/p06089421/?utm_source=GNW
The global CT scanners market was valued at USD 7.25 billion in 2020 and is expected to grow at an impressive rate of 5.67% during the forecast period 2022-2026. The impressive CAGR can be attributed to the increase in cardiovascular disease, cancer and other neurological disorders. Moreover, CT scanners are also in demand for post-intervention medical procedures, their importance for post-monitoring of medical implants and other anatomical confirmations supports the growth of the global CT scanners market in the next five years. CT scanners work on the basic physics of radioimaging which helps visualize the internal structure of a film. CT scanners are also used in paleoanthropological research for the biomechanical study of bone distribution, reconstruction of the external morphology of different fossils and the study of brain morphology.
The global CT scanners market is segmented by manufacturer, modality, device architecture, application, end users, and regional distribution. On the basis of slice, the market is further segmented into 8 slices, 16 slices, 32 slices, 64 slices, 128 slices and more. 16-slice CT scan held the largest 34.99% market share due to the fact that 16-slice CT scanners are in high demand for diagnostic procedures. In addition, the applications of 16-wafer CT are extended to wide horizons, leading to the growth of the market in the forecast years. 16-slice CT technology has exceptionally advanced and expanded the range of CT applications to include angiography, cardiology, kidney stone assessment, orthopedics, and more.
In 2020, the COVID-19 virus spread across the world and the pandemic negatively affected the market in the first quarter of the year. The whole world watched the lockdown and the markets suffered a setback because of it.
In the second half of the year, treatment and vaccination plans were introduced, and the market has since recovered significantly.
Regionally, North America holds the largest market share of around 37.45% in 2020 and is expected to maintain its position till 2026 in the global CT Scanner market. This can be attributed to the large number of people with chronic illnesses. In addition, rapid technological advancements and the inclination of people to new technologies, coupled with the demand for effective treatment procedures, account for most of North America.
Some of the main competitors in the market are Siemens Healthineers AG, GE Healthcare, Koninklijke Philips NV, 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 focus on in-depth research and development activities to remain competitive in the market. Other competitive strategies include forming alliances and partnerships. In July 2020, Koninklijke Philips NV listed COVID-19 ‘imaging booths’ for safer X-rays and CT scans during the pandemic. This system has an independent control box in the control room that allows remote access scanning.
Years taken into account for this report
Historical years 2016 – 2019
Baseline year 2020
Estimated year 2021
Forecast period 2022 – 2026
Goal of the study
• To analyze the historical growth in market size of the global CT Scanner market from 2016 to 2020.
• To estimate and forecast the market size of the global CT Scanners market from 2021 to 2026 and the growth rate to 2026.
• To classify and forecast the global CT scanners market on the basis of slice, modality, device architecture, application, end-users, and regional distribution.
• Identify the dominant region or segment in the global CT scanner market.
• Identify the drivers and challenges of the global CT scanner market.
• To examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the global CT Scanner market.
• Identify and analyze the profile of key players operating in the global CT Scanner market.
The analyst performed both primary and secondary research exhaustive for this study. Initially, the analyst researched a list of manufacturers, suppliers and service providers around the world.
Subsequently, the analyst conducted primary research surveys of the identified companies. During the interviews, respondents were also asked about their competitors.
Using this technique, the analyst could include manufactured products that could not be identified due to the limitations of secondary research. The analyst looked at manufacturers, distribution channels and the presence of all major players across the globe.
The analyst calculated the market size of the global CT Scanners market using a bottom-up approach, in which the data of various end-user segments has been recorded and forecast for the coming years. The analyst obtained these values from industry experts and company representatives and validated them externally by analyzing historical data for these types of products and applications to arrive at 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
• Distributors and suppliers of computed tomography products and other stakeholders
• Organizations, forums and alliances related to the CT scanner market
• Market research and consulting firms
The study is useful for providing answers to several critical questions that are important to industry stakeholders such as vendors, suppliers, end users, etc., in addition to enabling them to strategize investment and capitalize on market opportunities.
Scope of the report
In this report, the Global CT Scanner Market has been segmented into following categories, in addition to industry trends which have also been detailed below
• Global CT scanner market, by segment:
o 8 slices
o 16 slices
o 32 slices
o 64 slices
o 128 slices and more
• Global CT scanner market, by modality:
• Global CT Scanner Market, By Device Architecture:
• Global CT Scanner Market, By Application:
• Global CT Scanner Market, By End Users:
o Diagnostic centers
• Global CT Scanner Market, By Region:
o South America
o Middle East and Africa
United Arab Emirates
Company Profiles Detailed analysis of the major companies present in the global CT Scanners market.
With the market data provided, we offer customizations based on the specific needs of a business. The following customization options are available for the report.
• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p06089421/?utm_source=GNW
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