Research Nester released a report titled “CT Scanners Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the global CT scanners market in terms of market segmentation by product type, architecture, technology, applications, end-users, and region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The CT scanner market is attributed to grow with a moderate CAGR during the forecast period, i.e., 2021-2029, on account of the growing prevalence of cancer cases and chronic diseases globally. In 2020, approximately 19.2 million cancer incidences were recorded with a risk rate of 20.4%, and around 9.9 million deaths were reported with a mortality rate of 10.6%, which is attributed to rise in the coming future.
The market is segmented by product type into stationary CT scanners and portable CT scanners. Among these segments, the stationary CT scanners segment is anticipated to hold the largest share by the end of 2021 in the CT scanners market, on account of the significant adoption of stationary CT scanners than portable CT scanners. However, portable CT scanners are also gaining worldwide recognition for their usage for human diagnostics and treatment.
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On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which the CT scanners market in the Asia Pacific is projected to grow at the highest CAGR throughout the forecast period. Currently, the market in North America holds the largest share. This can be attributed to the presence of leading healthcare providers in the region, especially in the United States, who are extensively involved in the research and development of innovative cancer treatment procedures.
Increasing Ageing Population and Rising Chronic Diseases to Drive Market Growth
According to the United Nations, it is estimated that by 2050, one in six people will be 65 years or older, i.e., 16% of the total world population. Along with this, the number of persons above 80 years or older is also projected to triple by the end of 2050.
It has been observed that individuals whose age is above 65 years or more possess a high risk of having chronic diseases such as cardiovascular and musculoskeletal diseases. Additionally, the rising incidences of cancer in recent years are also expected to boost the market growth in upcoming years. However, the expensive cost and availability of refurbished CT scanners and risk associated with CT scans are some of the factors that are estimated to restrain market growth in the near future.
This report also provides the existing competitive scenario of some of the key players of the global CT scanners market which includes company profiling of Accuray Incorporated., CANON MEDICAL SYSTEMS CORPORATION., CURVEBEAM.COM, Carestream Health, GENERAL ELECTRIC COMPANY, Medtronic, Koning Corporation, Neusoft Corporation., Siemens Healthcare GmbH, and Xoran Technologies, LLC. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global CT scanners market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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