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The global computed tomography (CT) scanners market size is expected to reach USD 9.64 billion by 2027. The increasing cases of cancer, neurology diseases, and orthopedic disorders among the general population will create opportunities for the market, mentioned in a report, titled “Computed Tomography (CT) Scanners Market Size, Share & Covid-19 Impact Analysis, By Technology (High-slice, Mid-slice, Low-slice, and Cone Beam Computed Tomography (CBCT)), By Application (Orthopedics, Cardiovascular, Oncology, Neurology, and Others), By Modality (O-arm, C-arm), By End User (Hospitals & Ambulatory Surgical Centers (ASCs), Diagnostic Imaging Centers, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 6.86 billion in 2019 and is expected to exhibit a CAGR of 5.9% between 2020 and 2027.
Introduction of CT Scanner by Siemens Healthineers to Intensify Growth
Siemens Healthineers AG, the mother company for several medical technology companies headquartered in Erlangen, Germany, announced its new mobile head CT scanner, Somatom On.site. The new portable system from Siemens Healthineers enables the scanner to be taken to the ICU so that patients can be examined at their bedside. This removes the need for complicated patient transportation that involves multiple staff members and a high risk for the patient. Somatom On.site is the amalgamation of mobility, user-friendliness, and consistent image quality, enabling unprecedented patient safety levels. The healthcare providers can make even more optimal use of their staff and CT fleet. The new device includes a camera that displays the area in front of the device in real-time on the integrated touchscreen. The cutting-edge telescopic gantry helps to make scanning inpatient rooms safe. Furthermore, attachable radiation shields covering the front and back-bore openings complete the radiation-protection concept and significantly reduce radiation exposure for nearby patients and staff. The launch of the new computed tomography scanner can be extremely beneficial for the global CT scanner market growth.
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Rapid Advancements in Scanners to Favor Growth
The increasing number of CT scans in the U.S will have a tremendous impact on the global market. According to the article published by Amber Diagnostics, an estimated 90 million CT scan procedures are performed each year in the U.S. The increasing technological advancements in computed tomography is expected to drive the market. Moreover, key players are introducing innovative products, which, in turn, will bolster the growth of the market. For instance, In November 2020, Canon Medical Systems Corporation launched One-Beat Spectral Cardiac CT, with rapid kVp switching and deep learning spectral reconstruction. Besides, the growing popularity of CT angiography (CTA) to evaluate medical complications related to cardiovascular will further aid expansion of the market.
Focus on Product Portfolio and Distribution Network to Consolidate Business
The market is dominated by major players such as Siemens Healthineers AG, GE Healthcare, Koninklijke Philips N.V., and Canon Medical Systems Corporation. The key players are focused on the robust product portfolio, new product launches, strong brand image, and vast distribution network to consolidate their position in the industry. For instance, In November 2018, GE Healthcare introduced Revolution Apex into the market. It is an ultra-premium CT system designed to provide improved image quality.
The report Lists the key Players in the Computed Tomography (CT) Scanners Market:
Further Report Findings:
The Computed Tomography (CT) Scanners Market is Segmented into:
Value (USD billion)
Technology, Application, Modality, End User, and Geography
By End User