CT Scanner Market size is set to exceed USD 7 billion by 2025; according to a new research report by Global Market Insights. CT Scanner Market size is set to exceed USD 7 billion by 2025; according to a new research report by Global Market Insights. Over the past decade, CT scanner market has gained extensive traction as one of the most pivotal verticals of the global healthcare and medical devices industry. It is being observed that an upsurge in technological innovations coupled with enhanced procedural benefits of these systems has opened up new business opportunities for the firms operating in CT scanner market. In addition to this, a marked increase in the awareness regarding early diagnosis of chronic diseases has substantially accelerated the demand for these advanced imaging systems across the globe. In fact, as per a research report by Global Market Insights, Inc., the total valuation of CT scanner industry had surpassed USD 4.7 billion in the year 2016.
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Speaking along similar lines, it would be prudent to mention that the major concern with regards to the extensive usage of CT scanners has been cited to be the exposure to a high-dose of radiation. However, subject to the advent of numerous technological advances over the last few years, the manifold benefits of CT scans have become apparent over other imaging systems such as X-ray and MRI across the medical fraternity. For instance, one of the major CT scanner market participants, Koning Corporation, has recently announced that the firm’s Breast CT (KBCT) device has been awarded an Innovative Technology contract from Vizient, Inc.
The latest system provides real 3D isotropic multi-planar images of the breast – with high dose efficiency and zero compression. Moreover, KBCT ensures accurate assessment, quantification, and detection of abnormalities in dense breast tissues. Equipped with unique modalities, the latest system can be termed as quite significant as it is the only FDA-ratified breast CT imaging device across the overall CT scanner market.
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With an aim to optimize early disease detection and improve survival rates for millions of patients, numerous prominent CT scanner market players have been focusing on developing future versions of these imaging systems. The versatility, power, and lower costs of these newly launched CT scanners would undoubtedly augment the commercialization scale of this business space. As per reliable estimates, the overall remuneration portfolio of CT scanner market has been forecast to exceed USD 7 billion by 2024.