Press Releases
 
Computed Tomography (CT) Market To Record An Exponential CAGR By 2024

, 11 October 2018 -- Computed Tomography (CT) Market: Global Industry Analysis, Size, Share & Forecast 2016 - 2024

Some of the prominent participants in the global computed tomography (CT) market are GE Healthcare, Siemens Healthineers, Hitachi Medical Systems, Philips Healthcare, Neusoft Medical Systems, Toshiba Medical, Samsung Medison, Neurologica Corporation, DxRay Inc., MARS Bioimaging Inc., LL Tech Inc., and Koning Corporation. These deep pocketed players have been pouring money into cutting edge research and development to come up with more evolved products. They are also always on the lookout for strategic mergers and acquisitions and partnerships in order to tap into synergies.

A recent report on the market for computed tomography (CT) published by Transparency Market Research finds that the market’s worth was around US$5.6 billion in 2017. It also finds that it has grown incrementally in the past few years and going forward too will continue to rise steadily.

Depending upon the type of computed tomography (CT) available in the market, the high end slice CT has been grossing considerable revenues. As per our report, its revenue share in the market in 2017 was around 55.9%. From a geographic standpoint, North America leads the market with a dominant share. This is because of the superior healthcare facilities in the region which are equipped with latest high-end CT devices. This is mainly because of the greater healthcare spends among people and also because of greater government support for healthcare institutions.

Request for Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=227

Growing Cases of Cancer Worldwide Fuels Uptake of Computed Tomography (CT) Devices

Computed tomography (CT), which is basically digitalized X-ray imaging procedure for diagnosing bones, internal organs, blood vessels, and soft tissue, and blood vessels, is highly useful in uncovering various types of cancer tumors. At the forefront of driving their sales is the rising instances of cancer worldwide on account of lifestyle changes. As per WHO, nearly 8.8 million people worldwide succumbed to cancer in 2015. However, 30% to 50% of cancer can be prevented with early diagnosis and rising awareness about this is expected to majorly stoke adoption of computed tomography which can enable physicians to not just uncover a tumor but also gauge its location and size.

Overall, the global CT market has majorly benefitted from the growing preference of minimally invasive diagnostic procedures. Explains the lead analyst of the report, “Primarily fuelling the market is the growing shift towards image guided interventions in the domain of medical care, alongside the continued technological improvement in image processing and resolution. As a result, computed tomography is finding application in detecting various cardiovascular, neurovascular, abdomen and pelvic, pulmonary, spinal, and musculoskeletal issues.”

Request Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=227

Increasing Spending Capacity of People Coupled with Declining Device Prices Promote Market

Another factor promoting the market is the increasing spending capacity of people worldwide owing to economic development and rising knowledge about preventing numerous chronic health conditions through early diagnosis. This, coupled with declining prices of devices is expected to catalyze growth in sales.

On the flipside, the market for computed tomography (CT) is being challenged by the stringent regulatory polices pertaining to healthcare devices and the also the strict approval process for new products. Inadequate reimbursement policies is serving to clip market growth to an extent as well.

# # #


Submitted by hawer on Thursday, 11 October 2018 at 9:51 PM
Category: Health Care & Medical
 
Related News

Female Pelvic Implants Market: Competitive Strategies, Regional Analysis Forecast 2026
Monday, 18 Feb 2019

Health Care Information Systems Market: Demand for IT in HealthCare Settings to Fuel Market
Monday, 18 Feb 2019

Elder Care Products Market Size,Status and Forecast 2026
Monday, 18 Feb 2019

Gynecology Lasers Market by Application, Trends and Growth Rate to 2026
Monday, 18 Feb 2019

Global Blockchain Technology in Healthcare Market: Size, Outlook, Trend and Forecast 2018-2025
Monday, 18 Feb 2019

Related Events

Epithelial Mesenchymal Interactions in Lung Development and Fibrosis, 2019
Sunday, 17 Feb 2019

7th Annual Primary Care Winter CME Conference
Monday, 18 Feb 2019

Precision LBx Summit
Tuesday, 19 Feb 2019

7th World CNS 2019
Tuesday, 19 Feb 2019

3rd Small Molecule Activation Conference, Bahamas, 2019
Tuesday, 19 Feb 2019

Latest News

Female Pelvic Implants Market: Competitive Strategies, Regional Analysis Forecast 2026
Monday, 18 Feb 2019

Prime 5 Benefits of Inflatable Tents
Monday, 18 Feb 2019

Why Weddings And Events Need Flower Decorations Invariably?
Monday, 18 Feb 2019

Food Preservatives Market to Earn US$2.5 Bn by 2020
Monday, 18 Feb 2019

Vehicle Accessories - For Comfort and Luxury
Monday, 18 Feb 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Monday, 18 February 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Gulfood - Annual Food and Beverage Expo and Conference Dubai 2019
  • Epithelial Mesenchymal Interactions in Lung Development and Fibrosis, 2019
  • 4th Silicon Beach Conference, February 2019, Santa Monica, California
  • SPE Workshop: Petroleum Resources-Latest and Best Practices
  • 7th Annual Primary Care Winter CME Conference

  • Latest Jobs
    Sorry, there are currently no entries posted here.