Spectral Computed Tomography (CT) Market – Overview
Spectral computed tomography is fast replacing the traditional imaging system for several healthcare applications. The highly advanced technology in spectral computed tomography is expected to revolutionize the diagnosis and treatment procedures for various diseases in the foreseeable future. The technology is being increasingly used for diagnosis of orthopedic disorders, neurological disorders, and cardiac diseases as well as for tumor detection both cancerous and non-cancerous. Spectral CT is a budding technology, which is currently at its nascent stage. As per the latest report published by Market Research Future (MRFR), the global market for spectral CT is set to soar at a compound annual growth rate of 7.8% during 2017 to 2023.
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Factors such as the rising geriatric population, rapid development of imaging technology, and introduction of innovative imaging device are expected to positively influence the global market for spectral CT during the forecast period. Adoption of spectral CT devices has also gained traction owing to their extremely high accuracy and practical coverage. These devices are becoming toilers in many healthcare facilities across the globe. They are helping in meeting severe diagnostic requirements such as radiation therapy planning, oncology tumor staging or acute stroke analysis. In the near future, application of spectral CT is expected to expand to new areas as the technology continues to evolve. While oncology and mammography have already become prominent spectral applications, the technology is witnessing a steady rise in emergency department applications. Some of the common emergency cases where spectra CT is seeing increased use include severe ailments and trauma victims.
Latest Industry Trends and News:
- US based Advocate BroMenn Medical Center is set to layout $5 million to ramp up its imaging capabilities. Reportedly, the medical center is installing an advanced CT scan equipment that will help in reducing patient anxiety, which is common in most during the scanning process.
- Health technology expert, Philips recently introduced a new spectral CT system “IQon Elite Spectral CT”. This new system is expected to deliver greater diagnostic certainty in every scan. It is a first of its kind spectral detector-based computed tomography (CT) scanner with an array of features that will help improve clinical benefits of the IQon platform.
Spectral Computed Tomography (CT) Market: Segmental Analysis
Based on types, the market has been segmented into single-photon emission computed tomography, electron beam tomography, positron emission tomography (PET), spiral CT, multi-slice computed tomography and others. Based on application, the market has been segment into gastrointestinal diseases, neurology, spine, body imaging, musculoskeletal disorders, cardiology and oncology. By end users, the market has been segmented into hospitals, diagnostic centers and others.
Based on region, North America is likely to spearhead the global market for spectral CT during the assessment period. High healthcare expenditure and robust reimbursement policies are partly supporting the growth of the market in the region. Moreover, increased prevalence of cancer, orthopedic diseases and cardiovascular diseases has led to greater MRI or CT scan requirements. Centers for Disease Control and Prevention reveals that a large number of Americans suffer from acute or chronic cardiovascular diseases. Meanwhile, the market in Asia Pacific is expected to witness the fastest CAGR as the healthcare sector in some of the fast developing countries in the region is expanding at an exponential pace.
Key players covered in MRFR’s report include Hitachi medical corporation (Japan), Agilent Technologies (US), Neusoft Medical Systems (Russia), Pall Corporation (US), Varian Medical Systems, Inc. (US), Siemens Healthcare Private Limited (Germany), Bio-Rad Laboratories, Inc. (US), NeuroLogica Corp (US), iCAD Inc. (US), Thermo Fisher Scientific (US), Koninklijke Philips N.V. (Netherlands), General Electric Company (US), Xoran Technologies, LLC (US), Trivitron Healthcare (US), PerkinElmer Inc. (US), Cleaver Scientific Ltd (UK), Shimadzu Corporation.(Japan), and Shenzhen Anke High-tech Co., Ltd. (China).
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TOC of Spectral Computed Tomography Market:
1 Report Prologue
2 Market Introduction
2.2 Scope Of Study
2.3 Research Objective
2.4 Assumptions & Limitations
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
4 Market Dynamics
5 Market Factor Analysis
5.1 Porter’s Five Forces Model
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Supply Chain Analysis
6. Global Spectral Computed Tomography Market, By Types
Key Questions Answered In This Report:
What will the market size 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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