Malaysia CT Scanner Market By Technology, By Mobility, By Device Architecture, By Source, By Application, By End Users, By Region, Competition, Forecast & Opportunities, 2020-2030F

Malaysia CT Scanner Market was valued at USD 390.15 million in 2024 and is expected to reach USD 541.29 million by 2030 with a CAGR of 5.61% during the forecast period. Malaysia CT scanner market is anticipated to grow significantly in the projected period by the rising technological advancements and improvisation of hospitals and healthcare infrastructure. Through computer processing, cross-sectional images (slices) of the bones, blood vessels, and soft tissues inside your body are produced during a computerized tomography (CT) scan, which combines several X-ray images taken from various angles all over your body. Images from a CT scan offer more information than an X-ray would.

The CT scanner market in Malaysia is expected to grow significantly in the coming years, driven by factor such as increasing healthcare spending. Malaysia came in first place with a score of 95 out of 100, in the Best Healthcare in the World category of the 2019 International Living Annual Global Retirement Index. Healthcare providers are anticipated to make significant investments in new and sophisticated imaging technologies to enhance patient care due to the rising demand for advanced medical technology like CT scanners. Thus, it is anticipated that the Malaysian CT scanner market will expand.

Key Market Drivers

Rising Prevalence of Chronic Diseases

Malaysia is witnessing a surge in chronic non-communicable diseases (NCDs) such as cardiovascular diseases, cancer, and diabetes. According to the National Health and Morbidity Survey 2019, approximately 30% of Malaysian adults have hypertension, a significant risk factor for heart disease. Additionally, the National Cancer Society Malaysia reported an estimated 36,000 new cancer cases annually in 2022. These conditions necessitate advanced diagnostic tools for early detection and management, positioning CT scanners as essential equipment in modern healthcare facilities. The Malaysian government's increased healthcare expenditure, including allocations for upgrading medical facilities with advanced diagnostic equipment, underscores its commitment to combating NCDs. This proactive approach not only enhances patient outcomes but also propels the demand for CT scanners across the country.

Key Market Challenges

High Cost of Equipment and Maintenance

The acquisition and maintenance of CT scanners involve substantial financial investment. Advanced CT scanners can cost between $125,000 to $500,000, excluding expenses related to installation, operation, and regular maintenance. Such high costs pose a significant barrier for smaller hospitals and clinics, particularly in rural areas with limited budgets. Additionally, the need for specialized infrastructure, such as radiation-shielded rooms and stable power supplies, further escalates the overall expenditure. While the government provides funding for public healthcare facilities, private institutions often rely on their resources, making it challenging to invest in high-end diagnostic equipment. This financial constraint limits the widespread adoption of CT scanners, affecting the overall growth of the market.

Key Market Trends

Technological Advancements in CT Imaging

The CT scanner market in Malaysia is experiencing a technological evolution, with healthcare providers increasingly adopting multi-slice CT scanners that offer faster scan times, higher-resolution images, and reduced radiation exposure. These advancements enhance diagnostic accuracy and patient safety, making CT scans more appealing to both clinicians and patients. Moreover, the integration of artificial intelligence (AI) in CT imaging is gaining traction, aiding in image reconstruction, anomaly detection, and workflow optimization. Such innovations not only improve diagnostic capabilities but also streamline operations, making CT imaging more efficient and accessible.

Key Market Players

• Siemens Healthcare Sdn. Bhd.
• FUJIFILM Malaysia Sdn. Bhd.
• Philips Malaysia Sdn Bhd
• GE HealthCare
• SIA ARBOR MEDICAL
• CANON MEDICAL SYSTEMS MALAYSIA SDN. BHD.
• Shimadzu Malaysia Sdn. Bhd.
• Code Medical System Sdn Bhd
• Nano Medic Care Sdn. Bhd
  • I-MEDIC IMAGING SDN. BHD

Report Scope:

In this report, the Malaysia CT scanner market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

Malaysia CT Scanner Market, By Technology:

• 16-slice
• 32-slice
• 128 & Above slice
• 64-slice
• 8-slice
• Less than 8 slices
• Others

Malaysia CT Scanner Market, By Mobility:

• Fixed
• Mobile

Malaysia CT Scanner Market, By Device Architecture:

• O-Arm
• C-Arm

Malaysia CT Scanner Market, By Source:

• Domestic
• Import

Malaysia CT Scanner Market, By Application:

• Cardiology
• Oncology
• Neurology
• Others

Malaysia CT Scanner Market, By End User:

• Hospitals
• Diagnostic Centers
• Others

Malaysia CT Scanner Market, By Region:

• East Malaysia
• West Malaysia

Competitive landscape

Company Profiles: Detailed analysis of the major companies in Malaysia CT scanner market.

Available Customizations:

Malaysia CT Scanner Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).