The CT Scanner market is projected to expand from US$ 6,325.00 million in 2022 to US$ 9,596.26 million by 2030, reflecting a compound annual growth rate (CAGR) of 5.35% during the period from 2022 to 2030.

Several key factors are propelling this market forward, including the rising incidence of chronic illnesses, an increasing need for early diagnosis, and advancements in healthcare infrastructure. However, challenges such as the high costs associated with the installation and upkeep of CT scanners, along with restrictive reimbursement policies, pose significant barriers to market growth. On the other hand, the incorporation of artificial intelligence (AI) into diagnostic imaging technology presents new opportunities within the CT scanner sector.

A CT scanner is a sophisticated medical imaging device that employs X-rays taken from various angles to produce intricate images of the body's internal structures, including bones, blood vessels, and soft tissues. These images offer greater detail compared to standard X-rays. CT scanners are particularly valuable in assessing individuals who may have sustained internal injuries from accidents or other traumatic events. They can visualize nearly all parts of the body, aiding in the diagnosis of injuries and diseases. Furthermore, CT scans are instrumental in planning medical, surgical, or radiation treatments for affected areas following a diagnosis.

The increasing demand for early diagnosis, coupled with the enhancement of healthcare infrastructure, is a significant driver of growth in the CT scanner market.

The rising prevalence of chronic and lifestyle-related diseases, such as cancer, cardiovascular conditions, and respiratory ailments, has highlighted the critical need for early detection. Additionally, the aging population in various regions has resulted in a higher occurrence of age-related health issues that necessitate prompt and precise diagnosis. Consequently, the adoption of advanced imaging modalities like CT scanners is essential for facilitating early diagnosis, which in turn enables timely treatment and management. This trend is expected to significantly contribute to the growth of the CT scanner market from 2022 to 2030.

Moreover, the enhancement of healthcare infrastructure plays a crucial role in the CT scanner market by fostering the integration of advanced diagnostic technologies, broadening access to medical imaging services, and adapting to the evolving needs of healthcare, thereby driving market expansion. For example, in May 2023, CGI collaborated with the Helsinki University Hospital to develop an AI solution named AI Head Analysis, aimed at evaluating brain CT scans for the detection of brain hemorrhages. This initiative is part of CGI's Environmental, Social, and Governance (ESG) strategy and is supported by the CleverHealth Network, which focuses on research and innovation.

Market Opportunity

The integration of artificial intelligence (AI) into diagnostic imaging technology is creating significant opportunities within the CT scanner market.

AI has made remarkable strides in the realm of CT scanning, enhancing the capabilities of image analysis and diagnostics. Machine learning algorithms facilitate quicker image interpretation, identify abnormalities, and improve the accuracy of diagnosing medical conditions such as tumors and organ pathologies. Technological advancements in CT scanning have not only increased clinical benefits but also reduced patient risks by lowering radiation exposure and minimizing errors in conducting and interpreting medically justified CT examinations. For instance, a study published in November 2021 by PubMed Central explored the development of an AI-based automated system for detecting, diagnosing, and quantifying pulmonary tuberculosis (TB) through CT image analysis. The findings indicated that a deep learning cascading model could effectively be utilized for the accurate detection, diagnosis, and triage of pulmonary TB based on chest CT images. This fully automated AI system holds significant potential for clinical practice, enabling rapid assessment of disease activity and guiding treatment and management strategies for pulmonary TB.

Recent product launches that incorporate AI solutions include:

- In May 2023, Philips introduced the CT 3500, a new CT system tailored for routine radiology and high-volume screening programs. This system features AI-driven capabilities, including advanced image reconstruction and workflow enhancements, which ensure consistency, speed, and high-quality images essential for accurate diagnoses by healthcare professionals. The CT 3500 is designed to deliver a strong return on investment, even in high-demand care environments.

- In August 2021, Qure.ai, a prominent provider of AI in medical imaging, received FDA 510(k) clearance for its brain CT quantification product, qER-Quant. This product enables clinicians in the US to swiftly and accurately evaluate the severity of brain injuries in patients suffering from conditions such as traumatic brain injury, hemorrhagic stroke, and hydrocephalus.

SEGMENTAL OVERVIEW

The CT scanner market is categorized based on type, architecture, technology, application, end-user, and geography.

The market is divided into stationary and portable CT scanners, with stationary CT scanners holding a larger market share in 2022 and expected to exhibit the highest CAGR from 2022 to 2030.

In terms of architecture, the market is segmented into C-arm CT Scanners and O-arm CT Scanners, with C-arm CT Scanners leading the market in 2022.

By technology, the CT scanner market includes high slice CT, midsize CT, low slice CT, and cone beam CT, with the low-slice CT segment capturing the largest market share in 2022.

The application segments of the CT scanner market encompass oncology, neurology, orthopedics, and other applications, with neurology applications dominating the market share in 2022.

Regarding end-users, the market is classified into hospitals, diagnostic centers, research laboratories, and veterinary clinics, with hospitals holding the largest market share in 2022 and anticipated to achieve the highest CAGR from 2022 to 2030.

Geographically, the CT scanner market is segmented into North America (including the US, Canada, and Mexico), Europe (Germany, France, Italy, the UK, Russia, and the Rest of Europe), Asia Pacific (Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).