“Computed Tomography (CT) Market“ offer significant and proficient insights into the current market scenario and the emerging growth dynamics. The report on Computed Tomography (CT) Market provides the market players as well as the new visitors to show complete view of the market landscape. The comprehensive research will enable the well-established as well as the emerging players to establish their business strategies and achieve their short-term and long-term goals. The report also presents a significant evaluation of the scope of the regions and where the key participants might find potential growth opportunities in future.
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The Computed Tomography (CT) Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered financial information of last 3 years, key development in past five years.
The computed tomography (CT) market is expected to register a CAGR of 5.4% during the forecast period of 2018â2023. 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.
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 patientsâ 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.
â¢ Feb 2018: Arterys receives its first FDA clearance for oncology imaging suite with deep learning.
â¢ Dec 2017: Siemens partnered with Amazon for developing industrial software.
â¢ Aug 2017: Siemens updated its medical scanner software which can deal with Windows bugs.
The major players: FUJIFILM, GE HEALTHCARE, HITACHI HEALTHCARE SYSTEMS, NEUROLOGICA CORPORATION, NEUSOFT MEDICAL SYSTEMS CO. LTD, PHILLIPS, SAMSUNG, SHENZHEN ANKE HIGH-TECH CO., SIEMENS, and TOSHIBA MEDICAL SYSTEMS, among others.
Reasons to Purchase the Report
â¢ Follow the current and future CT market
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â¢ The segment that is expected to dominate the market
â¢ Regions that are expected to witness fastest growth during the forecast period
â¢ Identify the latest developments, market shares and strategies employed by the major market players.
â¢ 3 months analyst support along with the Market Estimate sheet (in excel).
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Computed Tomography (CT) Market Analyse according to leading players, Competitive landscape, geographical regions, top manufacturers, types, and applications forecast over a period of 2019 to 2024. Geographically, this report is divided into many key Regions, with production, consumption, revenue (million USD), market share and rate of Computed Tomography (CT) Market 2019 in these regions, from 2018 to 2024 (forecast), covering: North America, China, Europe, Japan, Southeast Asia, India.
The Objectives of this report are:
- To define, describe, and analyze the Computed Tomography (CT) market on the basis of product type, application, and region
- To forecast and analyze the size of the Computed Tomography (CT) market (in terms of value) in six key regions, namely, Asia Pacific, Western Europe, Central & Eastern Europe, North America, the Middle East & Africa, and South America
- To forecast and analyze the Computed Tomography (CT) market at country-level in each region
- To strategically analyze each submarket with respect to individual growth trends and its contribution to the Computed Tomography (CT) market
- To analyze opportunities in the Computed Tomography (CT) market for stakeholders by identifying high-growth segments of the market
Key Questions Answered in Computed Tomography (CT) market report:
- What will the market size be in 2024 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Computed Tomography (CT) Market Report Provides Comprehensive Analysis as Following:
Market segments and sub-segments
Market size & shares
Market trends and dynamics
Market Drivers and Opportunities
Market Analysis and Segmentation
Supply and demand
Technological inventions in Computed Tomography (CT) trade
Marketing Channel Development Trend
Computed Tomography (CT) Market Positioning
Distributors/Traders List enclosed in Positioning Computed Tomography (CT) Market
Computed Tomography (CT) Market report provides you a visible, one-stop breakdown of the leading product, submarkets and market leaders revenue forecasts till 2024. In conclusion, Computed Tomography (CT) Market 2019 report presents the descriptive analysis of the Computed Tomography (CT) Market Major Key-players, Types, Application and Forecast Period knowledge which is able to function a profitable guide for all the Computed Tomography (CT) Market competitors.
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