Global Computed Tomography (CT) Market 2021 is expected to register a CAGR of 5.4%, during forecast period with Impact of Covid 19 Analysis

Computed

Global “Computed Tomography (CT) Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Computed Tomography (CT) in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Computed Tomography (CT) Market report categorizes the market based on manufacturers, regions, type, and application. Computed Tomography (CT) Market reports offer a detailed assessment of the Computed Tomography (CT) including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Computed Tomography (CT) market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The computed tomography (CT) market is expected to register a CAGR of 5.4% during the forecast period of 2018–2023. CT is used to take the images of internal body organs.

Increasing Incidences of Cancer and Chronic Diseases

Chronic diseases, such as heart disease, cancer, diabetes, stroke, and arthritis have long lasting effects, persisting for more than three months. Cardiovascular diseases account for 17.5 million deaths annually, followed by cancers (8.2 million). To prevent the impact of chronic diseases on individuals and the society, a lot of research is being carried out to find drugs that can cure such disorders. Thus, there is an increase in the demand for CT scans.
It is estimated that nearly 550,000 new cases of head & neck cancer are diagnosed globally each year. According to the American Cancer society nearly 40,000 people in the United States are diagnosed with head & neck cancer, out of which 12,000 were supposed to die in 2014. This number is estimated to increase if serious measures are not taken. Head & neck cancer accounts for nearly 5-6% of the cancer cases in the United States alone. In 2010, the total annual incremental cost of health due to pain was approximately USD 560 billion to USD 635 billion in the United States, which includes the medical cost of pain care and the economic cost related to disability days. With increasing incidences of cancer, the market for CT scans is forecasted to increase simultaneously. The other major drives for the computed tomography (CT) market include the increase in the global aging population, technological advances, and growing public awareness for healthcare.

Reimbursement Issues

CT reimbursements have been cut substantially. Imaging facilities are squeezing more life from their CT scanners in response to lower reimbursement. For instance, Centers for Medicare & Medicaid Services recently declared a reduced reimbursement for CT by 21% and MRI by 12% respectively. The cost of any treatment in the public sector is determined by the set scale of fees for individual cost operations and by a sliding scale of reimbursement. However, in the private sector, the cost of treatment is highly unchecked. This adds to the patients’ expenditure as only a fixed amount or a part of expenses are reimbursed, which is a major restraint for the market. The other restraint for the computed tomography (CT) market is the expensive procedures and equipment.

North America Leads the Market

The North American CT market held the largest market share in 2017 due to the high adoption to new technologies and spending capacity.

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The global Computed Tomography (CT) market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Computed Tomography (CT) Market Report covers the Top Key-players in 2021:-

  • Fujifilm
  • Ge Healthcare
  • Hitachi Healthcare Systems
  • Neurologica Corporation
  • Neusoft Medical Systems Co. Ltd
  • Phillips
  • Samsung
  • Shenzhen Anke High-Tech Co.
  • Siemens
  • Toshiba Medical Systems

Highlighted points of Computed Tomography (CT) Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Computed Tomography (CT) Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Computed Tomography (CT)? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Computed Tomography (CT) Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Computed Tomography (CT) Market? What Was Capacity, Production Value, Cost and PROFIT of Computed Tomography (CT) Market?
  • What Is Current Market Status of Computed Tomography (CT) Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Computed Tomography (CT) Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Computed Tomography (CT) Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Computed Tomography (CT) Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Computed Tomography (CT) Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Computed Tomography (CT) Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Computed Tomography (CT) Industry?

Key Developments in the Computed Tomography (CT) Market:

  • Feb 2018: Arterys receives its first FDA clearance for oncology imaging suite with deep learning.
  • Dec 2017: Siemens partnered with Amazon for developing industrial software.
  • Aug 2017: Siemens updated its medical scanner software which can deal with Windows bugs.
    The

    Reasons to Purchase the Report

  • Follow the current and future CT market
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness fastest growth during the forecast period
  • Identify the latest developments, market shares and strategies employed by the major market players.
  • 3 months analyst support along with the Market Estimate sheet (in excel).

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    Finally, the report Global Computed Tomography (CT) Market 2021 describes the Computed Tomography (CT) industry expansion game plan, the Computed Tomography (CT) industry knowledge supply, appendix, analysis findings, and the conclusion.

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