Global Computed Tomography (CT) Systems Market Will be Worth $8.6bn by 2022

Tuesday 4 September 2012, Amsterdam

A new report, a leading London-based business information provider predicts the global CT scanner market to be worth almost $8.6bn by 2022. The market generated $3.9bn in 2010 according Computed Tomography (CT) Systems: Global Market Outlook, 2012-2022 published in March 2012.

The market will be driven by primarily by the emerging BRIC economies. China and India will see the most significant growth over the forecast period. Entry level CT scanners will drive the market in the early part of the decade in the BRIC economies. Growth in the more advanced high-slice CT scanners will significantly outpace the lower entry-level end of the market.

James Sheppard, healthcare industry analyst says ‘The CT scanner market has seen slow growth in recent years and is only now beginning to expand. Multimodality imaging and dose reduction will both contribute significantly to growth. Over the course of the next decade there will be greater demand for CT scanners as the technology becomes more advanced and safer for the patients.’

Research suggests that the CT scanner market will benefit significantly from mature economies replacing old low slice CT scanners with more advanced scanners. The market is dominated by four large companies. However, smaller companies are beginning to find niches in the market and expand their presence.

However, the market is not without its challenges. Concerns regarding the potential risk of cancer are ensuring the market is constantly developing. Visiongain predicts significant advances in scan time reduction, dose reduction and multimodal devices. The products currently in development will offer significant opportunities.