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

Key factors driving the market are the increasing prevalence of chronic diseases, the growing demand for early diagnosis, and the development of healthcare infrastructure. However, the high cost associated with the maintenance and installation of the scanners and limited reimbursement policies hampers the market growth. Further, integrating artificial intelligence (AI) in diagnostic imaging technology creates opportunities in the CT scanner market.

A CT scanner is a medical imaging technology device that uses X-rays from multiple angles to generate detailed images of the body's bones, blood vessels, and soft tissues. These images provide more detail than traditional X-rays. In addition, CT scanners are widely used to examine people who may have internal injuries due to car accidents or other types of traumas. This scan can visualize almost all body parts and help diagnose injuries or diseases. Additionally, it is used to plan medical, surgical, or radiation treatment for the affected areas during disease diagnosis.

Growing Demand for Early Diagnosis and the Development of Healthcare Infrastructure Drives CT Scanner Market Growth

The growing prevalence of chronic and lifestyle-related changes such as cancer, cardiovascular diseases, and respiratory diseases has underscored the importance of early diagnosis. Additionally, the aging demographic profile of many regions has led to a higher incidence of age-related disorders that require early and accurate diagnosis. As a result, advanced diagnosing image modalities such as CT Scanners to facilitate early diagnosis will enable timely treatment and management. This will boost the growth of the CT scanner market during 2022-2030.

Furthermore, the development of healthcare infrastructure significantly influences the CT scanner market by creating opportunities for integrating advanced diagnostic technologies, expanding access to medical imaging services, and aligning with evolving healthcare needs, contributing to the growth of the CT scanner market. For instance, in May 2023, CGI and the Helsinki University Hospital developed an AI solution, AI Head Analysis, to assess brain CT scans and detect brain hemorrhages. CleverHealth Network, the collaboration in this research and innovation ecosystem, is a part of CGI's Environmental, Social, and Governance (ESG) strategy.

Market Opportunity

Integration of Artificial Intelligence (AI) in Diagnostic Imaging Technology Creates Opportunities in the CT Scanner Market.

AI has made significant progress in CT scanning, enhancing image analysis and diagnostics capabilities. Machine learning algorithms expedite image interpretation, detect abnormalities, and increase accuracy in diagnosing medical conditions such as tumors and organ pathologies. The technical advances in CT have increased clinical benefits and decreased patient risk by reducing radiation dose and minimizing errors in performing and interpreting medically justified CT examinations. For instance, in an article published by PubMed Central in November 2021, a study was conducted to design an AI-based automated system for pulmonary TB detection, diagnosis, and quantification using CT image analysis. The study concluded that based on chest CT images, the deep learning cascading model can be used for accurate detection, diagnosis, and triage of pulmonary TB. The developed AI system is fully automated and has great potential in clinical practice for quickly assessing disease activity. It can also guide the treatment and management of pulmonary TB.

Some recent launches utilizing Artificial Intelligence (AI) integrated solutions are as follows-

- In May 2023, Philips launched the CT 3500, a new CT system designed to cater to routine radiology and high-volume screening programs. The CT 3500 boasts an AI-powered system with various innovative features, such as image reconstruction and workflow enhancements. These features help provide consistency, speed, and precise image quality, which are essential for confident diagnoses by clinicians. This new CT system is designed to provide a high return on investment, even in the most demanding, high-volume care settings.

- In August 2021, Qure.ai, a leading provider of medical image AI, received clearance from the US FDA 510(k) for its brain CT quantification product, qER-Quant. The product was made available to be used by clinicians in the US to quickly and accurately assess the severity of brain injuries in patients with conditions such as traumatic brain injury, hemorrhagic stroke, and hydrocephalus.

SEGMENTAL OVERVIEW

The "CT scanner market" is segmented based on type, architecture, technology, application, end-user, and geography.

The market is bifurcated based on type into stationary and portable CT scanners. The stationary CT scanners segment held a larger market share in 2022 and is anticipated to register the highest CAGR during 2022-2030. The stationary CT scanners segment held a larger market share in 2022 and is anticipated to register the highest CAGR during 2022-2030.

The CT scanner market, based on architecture, is bifurcated into C-arm CT Scanners and O-arm CT Scanners. The C-arm CT Scanners segment dominated the market in 2020. The C-arm CT Scanners segment dominated the market in 2022.

The CT scanner market, by technology, is segmented into high slice CT, midsize CT, Low Slice CT, and cone beam CT. The low-slice CT segment held the largest market share in 2022.

Based on application, the CT scanner market is segmented into oncology, neurology, orthopedics other applications. The neurology applications segment held the largest market share in 2022.

Based on end users, the CT scanner market is categorized into hospitals, diagnostic centers, research laboratories, and veterinary clinics. The hospital segment held the largest share of the market in 2022 and is anticipated to register the highest CAGR during 2022-2030.

The CT scanner market, based on geography, is segmented into North America (the US, Canada, and Mexico), Europe (Germany, France, Italy, the UK, Russia, and the Rest of Europe), Asia Pacific (Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).