Computed Tomography Market size was valued at US$ 4.51 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 8.5% through 2022 to 2029, reaching nearly US$ 8.66 Bn.
Computed Tomography Market Outlook by 2029, Key Companies, And Latest Drivers.
This study uses 2021 as the base year and 2022 to 2029 as the forecast period to estimate the market size for Computed Tomography. According to this study, in 2022 the growth of Computed Tomography market is projected to reach multimillion USD by 2028, compared to 2021. Over the next seven years, the Computed Tomography market will register a magnificent spike in CAGR in terms of revenue.
The research report provides in-depth information on the market's size, cost and revenue, trends, growth, and capacity as well as a forecast through 2029. Additionally, a comprehensive analysis of this market's key drivers of growth is provided. This study is a thorough quantitative analysis of the market that provides data for developing strategies to accelerate growth and effectiveness.
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Computed Tomography Market Overview:
CT (computed tomography) is a type of imaging that makes precise images, or scans, of internal organs using specialised x-ray equipment. Additionally, it is referred to as computerised axial tomography or computerised tomography (CAT). The uses of computed tomography include oncology, neurovascular applications, musculoskeletal applications, abdominal and pelvic applications, pulmonary angiography, and neurovascular applications. The final users of computed tomography are diagnostic facilities and hospitals.
Computed Tomography Market COVID 19 Impact:
Direct changes in supply and demand, market and supply chain disruptions, and economic effects on enterprises and financial markets are the three main ways that COVID-19 can affect the world economy. After the COVID-19 problem, the market will offer producers attractive chances, according to our researchers who are monitoring the situation throughout the world. The report's goal is to further highlight the impact of the current environment, the economic downturn, and COVID-19 on the entire sector.
Computed Tomography Market Key Players:
Key company and market share insights:
This section explains the main competitors to the readers. This study investigates key growth strategies employed by these players to maintain their influence, such as innovation trends and advancements, product portfolio strengthening, mergers and acquisitions, collaborations, new product innovations, and regional expansion. Apart from business strategies, the report also contains important financial data and current developments. In addition, readers can get information about the global sales, prices and revenues of manufacturers from 2017 to 2022.
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Computed Tomography Market Dynamics:
The market is expanding as a result of factors such as the rising elderly population, the prevalence of chronic diseases, the move toward image-guided procedures in medical care, and advancements in technology. According to the International Osteoporosis Foundation (IOF), a fracture occurs every three seconds and affects one in three women and one in five men over the age of 50 worldwide. This condition affects about 200 million people worldwide. The three-dimensional images of bones produced by a CT scan help with diagnosis and treatment. A CT scan produces three-dimensional images of the bones, enabling more precise orthopaedic diagnosis and surgery. The demand for CT scanners is anticipated to increase along with the prevalence of orthopaedic diseases.
Computed Tomography Market Segment:
The market is divided into Low Slice CT scanners (64 slices), Medium Slice CT scanners (64 slices), and High Slice CT scanners (>64 slices) based on the Product Type. By 2029, it is anticipated that the high slice CT scanner (>64 slices) segment will dominate the market. As CT scanners are a crucial tool in many regions, businesses are responding to the COVID-19 outbreak by developing new products and expanding manufacturing. In February 2021, hospitals in China received medical imaging equipment from United Imaging worth USD 1.4 million. It set up one uCT 780 (160-slice CT scanner) and two uCT 760s at Huoshenshan Hospital. A deployable 160-slice computed tomography (CT) system with a quick decontamination was also introduced by Canon Medical Systems.
Computed Tomography Market Regional Analysis:
Important Features of the Reports:
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Computed Tomography Market , Computed Tomography Market Size , Computed Tomography Market Share
Nov 23, 2022
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