Computed Tomography Market expected to reach $10.70 billion by 2032, driven by technological advancements.
From GlobeNewswire: 2025-04-04 09:20:00
The Computed Tomography Market was worth $5.79 billion in 2023 and is expected to reach $10.70 billion by 2032, growing at a CAGR of 7.13%. Market growth is driven by technological advancements and increasing global demand for accurate disease diagnosis.
CT has become crucial in modern medicine for accurate disease detection and treatment planning. The market is expanding due to the rising prevalence of chronic conditions like cancer, cardiovascular disorders, and neurological diseases.
Innovations like high-slice CT systems and cone-beam CT are improving image quality and scan speed. In the U.S., the CT market reached around $1.85 billion in 2023, supported by a robust healthcare infrastructure and increasing adoption of AI-integrated imaging technologies.
High-Slice CT systems dominated the market in 2023, while Cone-Beam CT is projected to experience the fastest growth due to its use in dental, orthopedic, and interventional radiology applications.
Oncology led all applications in 2023, with Neurology & Musculoskeletal Imaging expected to expand significantly, supported by CT’s growing use in detecting strokes, brain tumors, traumatic injuries, and degenerative bone disorders.
Hospitals held the largest share of the market in 2023, while Diagnostic Imaging Centers are expected to grow robustly due to a shift towards outpatient imaging services and cost-efficiency.
North America led the global market in 2023, with Asia-Pacific projected to witness the fastest growth over the forecast period, driven by increasing healthcare investments and rising chronic disease rates. In January 2023, GE HealthCare acquired French firm IMACTIS specializing in CT-guided interventional solutions. By July 2023, a new CT demonstrator for electric vehicle battery inspection was introduced, expanding CT applications into industrial sectors. In November 2023, Canon Medical Systems unveiled two next-gen CT scanners at RSNA 2023. Siemens Healthineers expanded its photon-counting CT portfolio in December 2024 with two new products reducing radiation exposure. Micro-X secured a U.S. government contract worth up to USD 25 million in December 2024 to develop a portable, full-body CT scanner. In January 2024, GE HealthCare acquired MIM Software, a leader in AI-enabled medical imaging analysis.
North America leads globally in CT scans, driven by high demand in hospitals and diagnostic centers. Emerging economies are rapidly expanding their CT scanner base due to increased investment in medical imaging. AI-powered CT systems are streamlining workflows, enhancing diagnostic accuracy, and reducing scan times. Mobile and portable CT scanners are gaining popularity, especially in emergency and remote care settings.
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