Global Computed Tomography Systems Market Assessment & Forecast: 2015-2019

Feb 09, 2016, 10:10 ET from ReportBuyer

LONDON, Feb. 9, 2016 /PRNewswire/ -- The new report "Global Computed Tomography Systems Market Assessment & Forecast: 2015-2019" by Spearhead Acuity Business Research & Consulting group provides in-depth insight into six regions of North America, Europe, Asia-Pacific, Middle-East and Africa. The global market for computed tomography systems was valued at US$ 4,839.0 million in 2014 and expected to grow to US$ 6,588.5 million by 2019 at a CAGR of 6.3% from 2015 to 2019.

Emerging regions also include countries such as India, Brazil, China, and South-East Asia along with Middle-East. The middle-east region comprises Arab countries such as Saudi Arabia, Qatar, Oman, United Arab Emirates and non-Arab countries such as Iran, Iraq, Turkey, Israel and Jordan. Middle-East countries such as United Arab Emirates have invested heavily in building a strong healthcare infrastructure and due to vast purchasing potential the region sees lower penetration of refurbished and retrofit systems. . The Asia-Pacific market for CT systems is expected to exceed that of Europe in coming years due to economically strengthening healthcare industry in the region and reach a market share of 21.7% in 2019.

This report covers market analysis for different segments of CT devices such as stationary or portable systems. It also encompasses analysis based on the number of "Slices" or image resolution of different sections of the body, these devices can be categorized into low-Slice (4, 8 and 16 slice), medium slice (32, 64, 128 slice) and high slice (256 and above) systems. Mid slice systems are very popular in developed regions of the world that can afford these expensive systems. North America, Japan, Western Europe and some other countries hold the largest market for mid-slice CT systems. Globally SA-BRC assessed the market share of mid-slice systems in terms of revenue to be largest and will continue to lead the market since they provide an optimum price to performance balance to most healthcare facilities.

Mobile imaging services offered to geriatric homes, home-care, disabled and even remote locations are developing into a steady business with over 100 registered companies in United States alone. Of this, over 50% may be operating in the tri-states area itself. Mobile imaging, telemedicine and teleconsulting are increasing the number of error-free diagnoses resulting in better patient care and comfort. This is a major driver for the growth of the market. Increasing incidence of cardiovascular diseases has also increased market penetration of interventional CT systems along with diagnostic equipment. . The use of CT technology is also increasing in pre-clinical and animal studies for research. The micro-CT and micro-PET/SPECT are sizable markets that smaller companies can target and larger companies can acquire. Another area trending in the CT space is the development of innovative contrast agents. Developing new and effective, non-toxic or low toxic, disease specific molecular imaging tracer is where all imaging technology is headed.

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