Computed Tomography Industry Analysis – How Rising Chronic Diseases and Advanced Imaging Tech Drive Expansion

Computed tomography is gaining immense traction for disease diagnosis and treatment. According to Coherent Market Insights, the global computed tomography industry is set to exhibit a CAGR of 6.5% during the assessment period. Total industry valuation will likely reach US$ 12.3 billion by 2030.

GE Healthcare, Neusoft Medical Systems Co. Ltd., Toshiba, Koninklijke Philips N.V., Siemens Healthineers AG, and Eaton are few leading CT scanner manufacturers. Top players are constantly innovating to launch advanced computed tomography products.

Portable CT scanners are gaining popularity in the healthcare industry. Companies are striving to develop novel technologies like dual-energy CT and photon-counting CT. They offer specialized CT scanners tailored for applications like neurology, cardiac, and trauma.

Many players are integrating AI into their CT scanners. They are also striving to reduce power consumption of their CT scanner systems. Companies are also collaborating with hospitals, AI companies, and research institutions for cutting-edge advancements. Acquisitions and mergers are also becoming popular in the nanofiber industry.

In February 2024, Royal Philips introduced Philips CT 5300 system to bring confident diagnosis to more patients at low costs. The new CT scanner is equipped with advanced AI capabilities. It is designed to be used for diagnosis, screening, and interventional procedures.

In December 2024, Siemens Healthcare expanded its photon-counting CT portfolio with the launch of two new products. The novel photon-counting CT scanners offer high image quality at low radiation doses. They are designed to create new opportunities in diagnostics, with the potential to change treatment pathways.

In November 2023, Canon Medical Systems introduced two new CT scanners at the Radiological Society of North America Congress (RSNA). The new CT offerings support high-quality imaging at low doses for all patients.

Key Factors Fueling Computed Tomography Industry Growth

The future of the computed tomography industry looks bright and exciting. This is due to rising prevalence of chronic diseases and growing demand for advanced imaging technologies. New product launches and approvals are also informing the industry’s growth.

There is a sharp rise in cases of cancer, neurological disorders, and cardiovascular diseases globally. This is expected to propel demand for CT scans. These imaging techniques play a key role in disease diagnosis and treatment planning.

Computed tomography is a non-invasive imaging procedure that uses X-rays to create a detailed picture of the body’s internal parts. It is becoming an ideal tool for diagnosing and managing various diseases.

Growing demand for early and accurate diagnosis is acting as a catalyst fueling CT scan demand. People are opting for imaging technologies like CT scans due to their ability to provide detailed cross-sectional images of internal structures. These technologies enable early detection of various diseases, thereby helping to improve treatment outcomes.

Many nations are introducing cancer screening programs that employ CT technology. This will likely fuel sales of CT scanners. Similarly, booming medical tourism and expanding application of CT technology will support the industry’s expansion.

Regional Insights

North America is expected to retain its dominance in the global CT industry during the forecast period. This is due to rising popularity of CT scans for disease detection and treatments, and strong presence of leading CT scanner manufacturers. CT technology is also being increasingly used in biopsies. This will provide also benefit the industry.

Regional Insights