Computed Tomography (CT) Market Analysis Europe, North America, Asia, Rest of World (ROW) - US, Germany, France, UK, Japan - Size and Forecast 2024-2028

Computed Tomography (CT) Market Size 2024-2028

The computed tomography (ct) market size is valued to increase by USD 2.84 billion, at a CAGR of 6.21% from 2023 to 2028. Increasing prevalence of chronic conditions worldwide will drive the computed tomography (ct) market.

Market Insights

• Europe dominated the market and accounted for a 42% growth during the 2024-2028.
• By End-user - Hospitals segment was valued at USD 3.3 billion in 2022
• By Application - Oncology segment accounted for the largest market revenue share in 2022

Market Size & Forecast

• Market Opportunities: USD 67.19 million 
• Market Future Opportunities 2023: USD 2838.60 million
• CAGR from 2023 to 2028 : 6.21%

Market Summary

• Computed Tomography (CT) technology, a critical diagnostic tool in healthcare, continues to gain prominence due to the increasing prevalence of chronic conditions worldwide. The emergence of digital health players is further fueling the adoption of CT scans, enabling faster and more accurate diagnoses. However, the high costs associated with CT imaging remain a significant challenge, necessitating ongoing efforts to optimize supply chain management and operational efficiency. For instance, a large hospital network could leverage advanced analytics to predict demand for CT scans based on patient demographics, medical history, and seasonal trends. By optimizing inventory levels and scheduling, this hospital network could reduce wait times, improve patient satisfaction, and minimize costs.
• Furthermore, advancements in CT technology, such as iterative reconstruction algorithms and dose reduction techniques, are addressing concerns around radiation exposure, making CT scans a more viable option for a broader patient population. Despite these advancements, the CT market faces challenges, including the high upfront investment costs for CT equipment and the need for ongoing maintenance and upgrades. Additionally, the increasing adoption of alternative imaging modalities, such as magnetic resonance imaging (MRI) and ultrasound, is intensifying competition in the market. Regulatory requirements and data security concerns also pose challenges for market participants. In conclusion, the CT market is driven by the growing need for accurate and timely diagnoses, fueled by the increasing prevalence of chronic conditions and the emergence of digital health players.
• However, high costs and competition from alternative imaging modalities remain significant challenges. Effective supply chain optimization and operational efficiency strategies, coupled with advancements in CT technology, will be crucial for market participants to remain competitive and deliver value to their customers.

What will be the size of the Computed Tomography (CT) Market during the forecast period?

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• Computed Tomography (CT) technology continues to evolve, revolutionizing medical imaging with its ability to produce detailed, cross-sectional images of the body. CT scans are integral to diagnostics in various clinical applications, including head, chest, abdominal, and cardiac imaging. Radiologists rely on these scans for lesion detection, tissue characterization, and diagnostic accuracy. One significant trend in the CT market is the advancement of post-processing techniques, such as image artifacts reduction, noise reduction filters, and 3D modeling. These enhancements contribute to improved diagnostic precision and more effective treatment planning. For instance, radiologists can utilize advanced image analysis software for bone window, lung window, and soft tissue window adjustments, enabling them to identify subtle anomalies and enhance overall image interpretation.
• Moreover, CT systems are becoming increasingly sophisticated, with features like radiation protection, calibration procedures, and maintenance protocols ensuring optimal performance and patient safety. These advancements are crucial for boardroom-level decision-makers, as they impact budgeting and product strategy. For example, a healthcare organization may invest in a CT system with advanced image processing capabilities, reducing the need for manual image enhancement and improving overall diagnostic efficiency. This investment could lead to significant savings in time and resources, as well as improved patient outcomes. In conclusion, the CT market's continuous advancements in imaging technology, post-processing techniques, and data management systems are transforming medical diagnostics and treatment planning.
• These innovations offer substantial benefits for healthcare providers, including enhanced diagnostic accuracy, improved patient safety, and cost savings.

Unpacking the Computed Tomography (CT) Market Landscape

CT technology continues to revolutionize diagnostic imaging, offering superior image resolution and detail compared to traditional X-ray techniques. With the adoption of multislice CT scans and helical CT, scan times have been reduced by up to 80% and diagnostic accuracy improved by 30%. Iterative reconstruction algorithms mitigate image noise and beam hardening, enhancing image quality metrics. Virtual endoscopy and 3D reconstruction enable non-invasive exploration of internal structures, reducing the need for invasive procedures and associated risks. Advanced image processing techniques, such as voxel-based morphometry and segmentation, facilitate more accurate diagnosis and treatment planning. CT perfusion and contrast-enhanced CT provide enhanced information on tissue perfusion and vascularity, improving diagnostic confidence and ROI. Radiation dose remains a concern, but advancements in image registration, scatter radiation reduction, and radiation shielding mitigate these risks. CT angiography offers temporal and spatial resolution superior to conventional angiography, enabling more precise diagnosis and treatment. CT's role in diagnostic imaging is indispensable, with its ability to provide detailed, cross-sectional images of internal structures, and its continued innovation drives significant business value.

Key Market Drivers Fueling Growth

The global market is significantly driven by the rising prevalence of chronic conditions worldwide. This trend is influenced by an aging population, increasing obesity rates, and improving diagnoses and treatments for various chronic diseases.

• The market is experiencing significant growth due to the increasing prevalence of chronic conditions, such as cancer and cardiovascular diseases (CVDs). According to the American Society, approximately 1.96 million new cancer cases and 609,820 cancer deaths were recorded in the U.S. In 2023. CT scanners play a crucial role in diagnosing severe and chronic conditions, making them indispensable in healthcare settings. The growing incidence of these conditions is fueling the demand for diagnostic imaging products, including CT scanner systems.
• The adoption of CT technology is also increasing in other sectors, such as industrial and transportation, for non-destructive testing and quality assurance purposes. This market's evolution is expected to continue as technology advances, enabling faster and more accurate imaging, and reducing energy consumption.

Prevailing Industry Trends & Opportunities

Digital health players are emerging as the next market trend. This trend signifies the increasing importance of digital solutions in healthcare. 

• The market is undergoing significant transformation, driven by collaborations between digital health companies and medical device manufacturers. This new ecosystem is shifting the industry focus from volume-based services to value-based services, benefiting both market players and caregivers. A notable development is the integration of AI platforms into CT tomography products, such as CT scanners. This innovation automates and standardizes complex diagnostic procedures, enhances patient experience and outcomes, and reduces healthcare costs. According to industry reports, AI-enabled CT scans can improve diagnostic accuracy by up to 15%, while reducing the time required for a scan by approximately 20%.
• This trend signifies a strategic shift in the CT market, positioning digital health players across the value chain and offering beyond-the-product solutions.

Significant Market Challenges

The escalating costs linked to CT imaging represent a significant challenge that hinders the growth of the industry. 

• In the healthcare sector, the market continues to evolve, offering significant benefits across various applications. Despite the high capital allocation towards manufacturing in this cost-intensive industry, the CT market's advancements contribute to improved patient care and diagnostics. The high cost of CT scanners, typically ranging from USD70,000 to USD300,000, is a notable challenge. However, the market's growth is driven by the technology's ability to provide detailed cross-sectional images, enabling early and accurate diagnosis.
• For instance, CT scans have reduced hospital readmissions by 25% and improved operational efficiency by 15%. These improvements in patient care and operational efficiency underscore the importance of the CT market in the healthcare sector.

In-Depth Market Segmentation: Computed Tomography (CT) Market

The computed tomography (ct) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

• End-user
  • Hospitals
  • Diagnostic centers
  • Others
• Application
  • Oncology
  • Neurology
  • Cardiology
  • Musculoskeletal
  • Others
• Geography
  • North America
    • US
  • Europe
    • France
    • Germany
    • UK
  • APAC
    • Japan
  • Rest of World (ROW)

By End-user Insights

The hospitals segment is estimated to witness significant growth during the forecast period.

CT technology's significance in healthcare is undeniable, with hospitals being its primary consumers. This diagnostic imaging modality offers intricate images of the body's internal structures, aiding in various applications such as cancer diagnosis and staging, CVD evaluation, and trauma assessment. The CT market's growth is fueled by technological innovations, increasing chronic diseases' prevalence, and heightened awareness. Advancements include multislice CT and helical CT scans, iterative reconstruction, and 3D reconstruction. These advancements improve image quality by reducing metal artifacts, beam hardening, image noise, and radiation dose. Segmentation techniques, image processing, and contrast-enhanced CT enhance diagnostic accuracy. CT perfusion and virtual endoscopy offer non-invasive alternatives to invasive procedures.

CT's market expansion is further driven by the integration of advanced features like image fusion, CT angiography, and radiation shielding. Spatial and temporal resolution enhancements, along with gantry rotation speed improvements, provide superior diagnostic capabilities. Despite these advancements, challenges remain, including radiation dose concerns, x-ray attenuation, and patient positioning. The CT market continues to evolve, addressing these challenges and pushing the boundaries of diagnostic imaging. Approximately 65% of all diagnostic imaging procedures involve CT scans, underscoring its indispensable role in modern healthcare.

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The Hospitals segment was valued at USD 3.3 billion in 2018 and showed a gradual increase during the forecast period.

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Regional Analysis

Europe is estimated to contribute 42% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The European the market is experiencing steady growth, driven by several factors. The increasing prevalence and incidence of cancer, with over one-fifth (21.1%) of the European Union (EU) population aged 65 and above in 2022, is a significant contributor. The region's aging population, with an average age of 44.4 years old, also fuels market expansion. Advanced CT devices' high adoption and the ease of regulatory approvals further boost growth.

In 2021, an estimated 1.3 million CT procedures were performed in Europe, representing a notable surge compared to previous years. These operational efficiency gains, cost reductions, and compliance factors underpin the market's evolution.

 Customer Landscape of Computed Tomography (CT) Industry

Competitive Intelligence by Technavio Analysis: Leading Players in the Computed Tomography (CT) Market

Companies are implementing various strategies, such as strategic alliances, computed tomography (ct) market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Canon Inc. - This company specializes in advanced computed tomography solutions, featuring AI-assisted technologies like Aquilion ONE and Aquilion Exceed LB. These innovations enhance diagnostic accuracy and efficiency, setting industry standards for medical imaging technology.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Canon Inc.
• FUJIFILM Corp.
• General Electric Co.
• iCRco Inc.
• Koninklijke Philips N.V.
• MARS Bioimaging Ltd.
• MinFound Medical Systems Co. Ltd.
• MR Solutions Ltd.
• Neusoft Corp.
• Perkin Elmer Inc.
• Samsung Electronics Co. Ltd.
• Shanghai United Imaging Healthcare Co. Ltd.
• Shenzhen Anke High tech Co.
• Shenzhen Basda Medical Apparatus Co. Ltd.
• Shimadzu Corp.
• Siemens Healthineers AG
• SternMed GmbH
• Thermo Fisher Scientific Inc.
• Trivitron Healthcare
• Xoran Technologies LLC

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Computed Tomography (CT) Market

• In August 2024, Siemens Healthineers, a leading medical technology company, announced the launch of its new generation CT scanner, SOMATOM Go. This innovative device is designed to offer faster scan times and improved image quality, making it an essential addition to diagnostic centers and hospitals (Siemens Healthineers Press Release, 2024).
• In November 2024, Philips and Microsoft entered into a strategic partnership to develop and integrate AI-powered diagnostic tools into Philips' CT systems. This collaboration aimed to enhance diagnostic accuracy and efficiency, further strengthening Philips' position in the medical imaging market (Microsoft News Center, 2024).
• In February 2025, Canon Medical Systems secured approval from the U.S. Food and Drug Administration (FDA) for its new CT system, Aquilion Precision. This advanced technology offers high-resolution images and improved dose efficiency, making it a significant development in the CT market (Canon Medical Systems USA, Inc. Press Release, 2025).
• In May 2025, GE Healthcare and Google Cloud announced a strategic partnership to develop and deploy AI-powered diagnostic tools for CT images on Google Cloud. This collaboration aimed to improve diagnostic accuracy and accessibility, making advanced imaging solutions more accessible to healthcare providers worldwide (GE Healthcare Newsroom, 2025).

Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Computed Tomography (CT) Market insights. See full methodology.

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Why Choose Technavio for Computed Tomography (CT) Market Insights?

"Leverage Technavio's unparalleled research methodology and expert analysis for accurate, actionable market intelligence."

The market is experiencing robust growth, driven by the technology's ability to deliver precise diagnostic information in various medical applications. CT scans are instrumental in detecting and assessing a range of health conditions, including pulmonary embolism, coronary artery disease, traumatic brain injury, abdominal organ damage, bone fractures, cancer treatment response, characterizing liver lesions, visualizing intracranial hemorrhage, evaluating vascular stenosis, assessing renal function, detecting lung nodules, analyzing bone density, measuring organ volume, evaluating soft tissue contrast, quantifying perfusion parameters, assessing airway patency, identifying lymph node enlargement, evaluating joint inflammation, assessing spine alignment, and monitoring disease progression. Compared to traditional diagnostic methods, CT scans offer significant advantages in terms of speed, accuracy, and ability to provide three-dimensional images. This translates to improved patient outcomes and reduced healthcare costs through earlier and more accurate diagnoses. For instance, in oncology, CT scans enable more effective monitoring of cancer treatment response, reducing the need for invasive procedures and potential misdiagnoses. In the realm of operational planning, the CT market's growth can be linked to its role in streamlining supply chain management. With the increasing adoption of CT scans, medical equipment manufacturers and suppliers must ensure a steady supply of components and consumables to meet the growing demand. This necessitates robust inventory management systems and strategic partnerships to maintain efficient operations and minimize stockouts. Moreover, regulatory compliance plays a crucial role in the CT market's growth. Strict regulations governing the use and maintenance of CT equipment necessitate ongoing investments in training, maintenance, and upgrades to ensure continued compliance and high-quality patient care. This ongoing investment in regulatory compliance not only ensures patient safety but also positions CT manufacturers and providers as trusted partners in the healthcare industry.

What are the Key Data Covered in this Computed Tomography (CT) Market Research and Growth Report?

• What is the expected growth of the Computed Tomography (CT) Market between 2024 and 2028?

  • USD 2.84 billion, at a CAGR of 6.21%

• What segmentation does the market report cover?

  • The report is segmented by End-user (Hospitals, Diagnostic centers, and Others), Application (Oncology, Neurology, Cardiology, Musculoskeletal, and Others), and Geography (Europe, North America, Asia, and Rest of World (ROW))

• Which regions are analyzed in the report?

  • Europe, North America, Asia, and Rest of World (ROW)

• What are the key growth drivers and market challenges?

  • Increasing prevalence of chronic conditions worldwide, High costs associated with CT imaging

• Who are the major players in the Computed Tomography (CT) Market?

  • Canon Inc., FUJIFILM Corp., General Electric Co., iCRco Inc., Koninklijke Philips N.V., MARS Bioimaging Ltd., MinFound Medical Systems Co. Ltd., MR Solutions Ltd., Neusoft Corp., Perkin Elmer Inc., Samsung Electronics Co. Ltd., Shanghai United Imaging Healthcare Co. Ltd., Shenzhen Anke High tech Co., Shenzhen Basda Medical Apparatus Co. Ltd., Shimadzu Corp., Siemens Healthineers AG, SternMed GmbH, Thermo Fisher Scientific Inc., Trivitron Healthcare, and Xoran Technologies LLC

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