In a recent published report, Kenneth Research has updated the market report for CT Scanner Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for CT Scanner Market products.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Kenneth Research has recently added a report titled CT Scanner Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2021 2030. Factors such as the growing advancements in the development of novel drugs, coupled with the growing health infrastructure in several nations worldwide are anticipated to drive the growth of the market in the coming years. Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth.
According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.
According to the Azoth Analytics research report, global CT scanner market is projected to display a robust growth represented by a CAGR of 6.3% during 2019 – 2024.
The Portable CT scanner segment has been witnessing growth at a noteworthy rate over the past few years backed by growing number of patients suffering from various health related issues coupled with evolving trend of technical advances such as development of multi-slice scanners and growing application in neurology leading to elimination of transportation of ill patients. Furthermore, O-Arm CT Scanner architecture holds the major share in the market followed by C-Arm architecture due to its broad range of scientific application such as its growing usage majorly during spinal tool replacement with visceral, neurological and vascular injuries which is anticipated to the drive the market demand.
Amongst the regions, North America accounts for the largest regional share in the global CT scanner market in 2019. Key factors driving the robust growth rate in North America region include growing prevalence of chronic diseases such as cardiovascular diseases (CVDs), cancer, chronic obstructive pulmonary disease (COPD), and type 2 diabetes and ever-increasing healthcare expenditure with escalating percentage of death from various causes.
Scope of the Report
Global CT scanner Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Global CT Scanner Market – Size, Growth, Forecast
• By Type – Portable, Stationary
• By Architecture – C-Arm, O-Arm
• By Technology – Low-slice, Mid-slice, High-Slice, Cone-Beam
• By Application – Diagnostic, Cardiology, Neurology, Oncology, Others
• Market Attractiveness Charts By Type, Architecture, Technology, Application
Regional Markets – North America, Europe, APAC and Rest of the World (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Regional CT Scanner Market – Size, Growth, Forecast
• By Type – Portable, Stationary
• By Architecture – C-Arm, O-Arm
• By Technology – Low-slice, Mid-slice, High-Slice, Cone-Beam
Country Analysis – US, Canada, UK, Germany, France, Italy, India, China, Japan, Australia
• CT scanner Market – Size, Growth, Forecast
• By Type – Portable, Stationary
• By Architecture – C-Arm, O-Arm
• By Technology – Low-slice, Mid-slice, High-Slice, Cone-Beam
Other Report Highlights
• Market Dynamics – Drivers and Restraints
• Market Trends and Advances
• Company’s Market Share
• Porter Five Force Analysis
• SWOT Analysis
• Competitive Landscape
• Company Analysis – Siemens Healthineers, GE Healthcare, Fujifilm Holdings, Philips Group, Neusoft Corporation, Shimadzu Corporation, Shenzhen Anke High-tech Company, Canon Medical Systems, Samsung Medison
Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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