Industry Outlook and Trend Analysis

The CT Scanner Market was worth USD 4.23 billion in 2014 and is expected to reach approximately USD 6.14 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.22% during the forecast period. A CT scan, otherwise called computed tomography scan, uses of computer-processed mixes of numerous X-beam estimations taken from various angles to create cross-sectional pictures of particular regions of a scanned object, enabling the user to see inside the object without cutting. Different terms incorporate computed axial tomography (CAT scan) and computer supported tomography. Digital geometry processing is utilized to create a three-dimensional volume of within the object from an expansive arrangement of two-dimensional radiographic pictures taken around a solitary axis of rotation.

Type Outlook and Trend Analysis

Based on type, the CT scanner market is ordered into portable and stationary CT scanner, in which stationary CT scanners is anticipated to represent the biggest share of the market. This is credited to the critical adoption of stationary CT scanners for its developing application areas.

Technology Outlook and Trend Analysis

Based on technology, the market is sectioned into high-slice, mid-slice, low-slice, and cone beam CT technology. In 2017, the high-slice section is assessed to dominate the biggest share, mainly because of the increasing adoption of CT for diagnostic methods and the extended application horizons of CT technology.

Device Architecture Outlook and Trend Analysis

On the basis of device architecture, the CT scanner market is divided into C-arm and O-arm CT scanners. The O-arm CT portion is evaluated to charge the bigger share of the worldwide CT scanner market because of the continuous commercialization of versatile CT scanners and the procedural advantages offered by the O-arm devices.

Application Outlook and Trend Analysis

On the basis of application, the worldwide CT scanners market is divided into veterinary, human, and research applications. The human application fragment is assessed to account for the biggest share of the worldwide CT scanner market in 2017, because of expanding market demand in intraoperative surgical methods, expanding demand for effective disease management, and the rising rate of chronic sicknesses.

End User Outlook and Trend Analysis

Based on the end user, the CT scanners market is divided into research laboratories, hospitals and diagnostic centres, veterinary clinics, ambulatory care centres, and other end users. Among these, veterinary clinics and hospitals portion is anticipated to grow the quickest amid the forecast period predominantly because of developing business sector interest for improved virility of poultry and domesticated animals and rising commonness of significant veterinary diseases.

Regional Outlook and Trend Analysis

North America is anticipated to charge the biggest share of the market in 2017. Nonetheless, Asia-Pacific is foreseen to enlist the most significant development rate amid the gauge time frame, due expanding frequency of target illnesses, rising patient awareness on the advantages of CT scanning in early diagnosis of diseases, continuous extension and modernization of healthcare foundation in Asian nations.

Competitive Insights

The major players in the market are Siemens, Neusoft Medical Systems Co Ltd, Samsung Electronics, Shenzhen Anke High-tech Co Ltd, Medtronic, Toshiba, Wipro GE Healthcare Pvt Ltd, Planmed, Shimadzu Corp, Philips and Hitachi. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The CT Scanner Market is segmented as follows-

By Type:


Portable CT scanners
Stationary CT scanners


By Device Architecture:


O-arm CT Scanners
C-arm CT Scanners


By Technology:


Mid-slice CT
Cone-beam CT
High-slice CT
Low-slice CT


By Application:


Cardiology Applications
Veterinary Application
Human Application
Oncology Applications
Research Application
Neurology Applications
Other Diagnostic Applications


By Region


North America


U.S.
Canada
Mexico


Europe

Germany
UK
France
Russia
Italy
Rest of Europe


Asia-Pacific

China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific


South America

Brazil
Argentina
Columbia
South Africa
Rest of South America


Middle East and Africa

Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA




Some of the key questions answered by the report are:


What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?