Research Nester released a report titled “CT Scanner Market: Global Demand Analysis and Opportunity Outlook 2029” which provides a detailed overview of the global CT Scanner market in terms of market segmentation by product type, architecture, technology, applications, end-users, and region.
Additionally, for the in-depth analysis, the report encompasses industry growth indicators, restraints, supply and demand risks, along with a detailed discussion of current and future market trends associated with the market growth.
the CT Scanner Market is expected to grow with a moderate CAGR during the forecast period, i.e., 2021-2029, owing to the rising prevalence of cancer cases and chronic diseases globally. According to the 2020 Globocan report, about 19.2 million cancer incidences were recorded with a hazard rate of 20.4%, and about 9.9 million deaths were reported with a mortality rate of 10.6 %, which is expected to increase in the near future.
The market is segmented by product type into fixed CT scanners and portable CT scanners. Among these segments, stationary CT scanners segment is expected to hold the largest share by the end of 2021 in the CT scanners market, owing to the large adoption of stationary CT scanners over portable CT scanners. However, portable CT scanners are also gaining worldwide recognition for their use in human diagnosis and treatment.
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Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa, from which the Asia-Pacific CT scanner market is expected to grow at the highest CAGR across 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.
Increase in aging population and rise in chronic diseases to drive market growth
According to the United Nations, it is estimated that in 2050, one in six people will be 65 or older, or 16% of the total world population. Along with this, the number of people over 80 or older is also expected to triple by the end of 2050.
In addition, it has been observed that individuals whose age is over 65 years or more have a high risk of having chronic diseases such as cardiovascular and musculoskeletal diseases. Moreover, the increasing incidence of cancer in recent years is also expected to drive the market growth in the coming years. However, the high cost and availability of refurbished CT scanners and the risks associated with CT scans are some of the factors that are expected to restrain the market growth in the near future.
“The final report will cover the impact analysis of COVID-19 on this industry.”
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This report also provides the existing competitive scenario of some of the major players in the global CT Scanner 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. Profiling contains key business information that encompasses an overview of businesses, products and services, key financial data, and recent news and developments. Overall, the report portrays a detailed overview of the global CT Scanner Market which will help industry consultants, equipment manufacturers, existing players looking for expansion opportunities, new players looking for search for opportunities and other stakeholders to align their market-centric strategies according to the current and expected situation. trends in the future.
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