Selbyville, Delaware, March 13, 2019 (GLOBE NEWSWIRE) --

The CT scanners market is estimated to rise from over USD 5.2 billion in 2018 to USD 7 billion by 2025, according to a 2019 Global Market Insights, Inc. report. Rising prevalence of cardiovascular diseases (CVD) globally will drive the market over the forecast period. According to WHO, in 2016, around 17.9 million people died due to CVD. CT scanners offers multiple benefits in diagnosis and treatment of CVD that will stimulate its demand. Also, scans generated through cone beam allows healthcare providers to obtain images of heart valves and arteries that accurately predicts blockage increasing success rates of surgeries. Moreover, increasing awareness about early disease diagnosis in emerging economies will further accelerate demand for CT scanners.

Technological advancements in portable CT scanners and addition of slices will fuel industry growth. The equipment delivers superior image quality as compared to other imaging modalities. Furthermore, advancements in technology have reduced the risk associated with radiation exposure without hampering the quality of results that accelerates the demand for CT scanners. However, availability of refurbished CT scanners and high cost associated with CT scanners may impede its demand and hamper the CT scanners market growth.

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O-arm segment held 60.4% revenue share in 2018 and is estimated dominate the CT scanners market owing to extensive usage of o-arm in diagnosis of several chronic conditions. It is widely preferred for assessing pedicle screw position in spine surgeries and kyphoplasty procedures. Moreover, O-arm is a cone beam imaging system that is highly preferred in minimally invasive vascular surgeries. As reported by Society for Vascular Surgery, around 14,000 Americans die annually from ruptured abdominal aortic aneurysm that escalates the adoption of O-arm scanners proving beneficial for the segmental growth.

Stationary CT scanners market is expected to have 5.4% growth throughout the analysis timeframe owing to the adoption of stationary CT scanners in hospitals that carry out large number of scans every year. Well-established hospitals find it convenient to assemble stationary CT scanners that have exceptional capacity and efficiency though they occupy larger space. Also, in developed countries, public hospitals are forced by the regional government authorities to adopt stationary CT scanners as results generated by these scanners reliable as compared to the portable CT scanners that stimulates the segmental growth.

Mid-slice segment was valued at USD 1.4 billion in 2018 and it will grow considerably during analysis timeframe due to availability of CT scanners that deliver mid-slice assortment of images enabling efficient surgical treatment. Mid-slice technology includes scanners with 16-40 slices that possess considerable diagnostic accuracy with minimum exposure to radiations that substantially boosts its adoption. Moreover, frequent launch and approval of advanced CT scanners that delivers mid-slice range will fuel segment growth.

Human segment in CT scanners market held 75.9% revenue share in 2018 owing to growing adoption of CT scanners in diagnosis of chronic diseases. Equipment not only detects presence of tumour but also delivers detailed information about location and size of the tumour. Advantages offered includes improved cancer diagnosis and treatment decision, reducing surgery time as well as length of hospitalizations.

Browse key industry insights spread across 215 pages with 416 market data tables & 10 figures & charts from the report, “CT scanners Market Size By Architecture (O-Arm, C-Arm), By Type (Portable, Stationary), By Technology (High-slice, Mid-slice, Low-slice, Cone Beam), By Application (Human [Diagnostic {Neurology, Oncology, Cardiology}, Intraoperative], Research, Veterinary), By End-use (Hospitals, Contract Research Organization, Ambulatory Surgical Centers), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE, Kuwait), Application Potential, Competitive Market Share & Forecast, 2019 - 2025” in detail along with the table of contents:

Hospital segment is expected to show 5.3% growth during analysis timeframe. CT scanners is used in disease diagnosis, treatment and also for studying disease progression. It also provides guidance during surgery and help locating appropriate part for operation, thereby preserving delicate structures. Therefore, hospitals have high adoption of technologically advanced CT scanners.

Germany CT scanners market held 23% of the European industry revenue share in 2018 and country growth is driven by technological advancements in portable CT scanners and high adoption of CT scanners in mobile stroke units in the country. Furthermore, significant R&D investment to develop superior CT scanning equipment with enhanced applications will augment industry size in the future. Moreover, German scientists have developed an innovative new scanner to revolutionize cancer diagnosis. The newly developed technology can give resolution of 100 nanometers, making the examination quicker and exposing patients to less radiation. Therefore, efforts in R&D will favour the Germany market growth.

Mexican market was valued at USD 34.8 million in 2018. Adoption of cone beam technology for disease diagnosis is increasing steadily that should augment the country growth. CT scanners market is still in nascent stage in Mexico. Hence, new entrants have ample opportunities to grab market share by penetrating with low-cost CT scanners.

Some of the notable industry players operating in global market are Canon Medical Systems Corporation (Toshiba), CurveBeam, Hitachi Medical Corporation, Koninklijke Philips, Neusoft, Samsung, Shenzhen Anke High-Tech, Xoran Technologies, United Imaging, Siemens Healthineers, Planmed Oy, Medtronic, Koning Corporation, GE Healthcare, Carestream and Accuray. Industry players are focusing on R&D activities to develop innovative product delivering superior image quality in less cost.

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