PUBLISHER: TechSci Research | PRODUCT CODE: 1881580
PUBLISHER: TechSci Research | PRODUCT CODE: 1881580
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The Global Computed Tomography Market, valued at USD 5.25 Billion in 2024, is projected to experience a CAGR of 5.95% to reach USD 7.43 Billion by 2030. Computed Tomography (CT) employs X-rays and computer processing to generate detailed cross-sectional images of the body, enabling precise visualization of bones, soft tissues, and vasculature for diagnostic purposes. The market for CT systems is significantly driven by an aging global demographic and the increasing incidence of chronic diseases, such as cardiovascular conditions and cancer, necessitating advanced diagnostic imaging.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 5.25 Billion |
| Market Size 2030 | USD 7.43 Billion |
| CAGR 2025-2030 | 5.95% |
| Fastest Growing Segment | Oncology |
| Largest Market | North America |
Key Market Drivers
Continuous innovation in CT technology, exemplified by developments such as photon-counting CT, is enhancing diagnostic capabilities through improved image resolution and reduced radiation exposure, thereby expanding the clinical utility of these systems. According to Siemens Healthineers, in December 2024, the company committed an investment of €80 million ($86 million) to expand its photon-counting detector production in Forchheim, Germany, reflecting the strategic importance and anticipated growth of advanced CT solutions.
Key Market Challenges
The substantial initial capital outlay required for acquiring and installing Computed Tomography scanners, coupled with considerable ongoing maintenance expenses, represents a significant impediment to the growth of the global market. These financial burdens directly constrain broader adoption of CT systems by healthcare providers, particularly those operating with limited capital budgets. The high cost of new CT equipment, alongside recurring service contracts and operational costs, creates a substantial barrier to entry and limits the replacement cycles for existing equipment. According to the Radiological Society of North America's (RSNA) 2023 Annual Report, the organization approved over $4.7 million in grant funding for 83 individuals across 44 institutions, highlighting the significant financial commitments within the broader radiology field. This level of investment for research and development activities demonstrates the substantial financial environment healthcare institutions navigate.
Key Market Trends
Artificial intelligence integration is a prominent trend transforming the Computed Tomography market by improving diagnostic accuracy and automating workflows. This advancement allows for faster image analysis, reduced burden on radiologists, and enhanced clinical decision-making. According to the Radiological Society of North America (RSNA), in December 2024, nearly 8% of the approximately 1,000 clinical AI algorithms cleared by the U. S. Food and Drug Administration were for medical imaging. The increasing sophistication of AI algorithms enables precise detection of subtle anomalies, contributing to earlier and more accurate diagnoses. For example, in December 2023, Canon Medical Systems introduced new AI-based CT systems, the Aquilion ONE / INSIGHT Edition and Aquilion Serve SP, incorporating advanced AI algorithms to both enhance image quality and streamline scanner operations. This trend is crucial for optimizing healthcare delivery and addressing the growing demand for efficient diagnostic services.
In this report, the Global Computed Tomography Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global Computed Tomography Market.
Global Computed Tomography 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: