Several factors are fuelling the growth of the CT scanner market namely a rise in the incidence of chronic diseases, advancements in technology and an increase in healthcare spending. X-rays, an indispensable diagnostic device in modern medicine, create cross-sectional views of the body, which help to diagnose and guide treatment.

Market Size and Growth

The CT Scanner market size is expected to grow from US$ 6,325.00 million in 2022 to US$ 9,596.26 million by 2030; the market is estimated to register a CAGR of 5.35% from 2022 to 2030.

Key Market Drivers

Newer Technologies: Advanced CT scanners, including dual-source CT and mUltra-Low Temperaturei-detector CT, are generating growth. These methods allow faster scanning, better image quality and less radiation.

Increasing Rate of Chronic Diseases: With growing rates of chronic diseases including cancer, heart diseases and brain disease, CT scanners are growing.

Regeneration: With the ageing population being prone to chronic illness, demand for diagnostic scanning like CT scans is also on the rise.

Increased Healthcare Costs: Rising healthcare costs – especially in developing countries – are increasing medical advancements such as CT scanners.

Market Segmentation

The market can be divided based on:

By Type

·       Stationary CT Scanners and Portable CT Scanners

By Architecture

·       C-arm CT Scanners and O-arm CT Scanners

By Technology

·       High Slice CT

·       Midsize CT

·       Low Slice CT

·       Cone Beam CT

By Application