United States Computed Tomography Market Introduction and Overview
According to SPER Market Research, the United States Computed Tomography Market is estimated to reach USD 4.03 billion by 2033 with a CAGR 6.10%.
The report includes an in-depth analysis of the United States Computed Tomography Market, including market size and trends, product mix, distribution channels, and supplier analysis.
A sophisticated imaging method called computed tomography (CT) uses X-rays and computer processing to produce finely detailed cross-sectional images of the body. A rotating X-ray tube surrounds the patient while they recline on a table that passes through a circular aperture in the CT scanner. This rotation takes several X-ray pictures from different viewpoints, which a computer then assembles into a number of thin slices to give a thorough view of interior components such tissues, organs, and bones.
- A modular computed tomography (CT) system assembly patent was awarded to Xoran Technologies, an American business, in June 2022. This revolutionary cone beam CT configuration, along with our twenty and counting active patents, creates new opportunities. This breakthrough is just the beginning of Xoran's next generation of point-of-care (POC) imaging devices.
- Samsung Electronics subsidiary NeuroLogica Corp. received 510(k) approval for its OmniTom Elite in March 2022. With OmniTom Elite, point-of-care CT may be administered with flexible, real-time mobile imaging, eliminating the need to move critical patients to another imaging department.
Market Opportunities and Challenges
Opportunities: The United States computed tomography sector is primarily driven by the rising incidence and mortality rates associated with chronic diseases, such as diabetes, cancer, cardiovascular diseases, neurological disorders, etc. As per the Centers for Disease Control and Prevention, the primary causes of the nation's USD 3.8 trillion annual health care expenses and the leading causes of mortality and disability are chronic diseases including diabetes, cancer, and heart disease. Four out of ten adults in the country have two or more chronic illnesses, and six out of ten adults have one or more chronic illnesses. Consequently, the hopeful expansion of the market is being driven by the rising frequency of chronic diseases in the country. Furthermore, The need for CT scans, which offer precise and high-resolution images of organs and tissues and help medical professionals detect abnormalities and early stages of disease, is also being aided by the general public's growing awareness of the significance of early and accurate diagnosis.
Challenges: The expansion of the market is anticipated to be impeded during the forecast period by the rising number of product recalls by regulatory bodies like the US Food and Drug Administration. For example, the Computed Tomography XRay System, made by Shanghai United Imaging Healthcare Co., LTD, a producer and distributor of devices, was recalled by the US Food and Drug Administration in June 2020. Furthemore, The US market is anticipated to grow slowly due to inadequate reimbursement, strict regulatory approval processes, expensive equipment and CT scan procedures, and other factors.
Market Competitive Landscape
There are a number of significant competitors in the slightly competitive US computed tomography market. Canon Medical Systems, Koning Corporation, GE Healthcare, Planmeca Group (Planmed OY), and Koninklijke Philips NV are a few of the businesses that are now ruling the market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Application, By End User.
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| Regions covered | Eastern Region, Western Region, Northern Region, Southern Region
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| Companies Covered | Canon Medical Systems Corporation (Toshiba Corporation), Carestream Health, Fujifilm Holdings Corporation, GE Healthcare, Koning Corporation, Koninklijke Philips NV, Neusoft Medical Systems Co. Ltd, Planmeca Group (Planmed OY), Samsung Electronics Co., Ltd., Siemens Healthineers AG, Stryker Corporation, Others.
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COVID-19 Impact on United States Computed Tomography Market
Patients' access to healthcare facilities is negatively impacted by the COVID-19 pandemic, as it has resulted in lengthier wait times for potentially life-saving nuclear imaging operations. The time patients have to wait for their scan to be finished has increased because to the epidemic. According to a paper published in April 2020 by the Radiology Society of North America under the heading "The Economic Impact of the COVID-19 Pandemic on Radiology Practices," the COVID-19 pandemic has had a major impact on radiography practices across the nation. Policies implemented to curb the disease's spread are reducing the need for imaging, even in the absence of COVID-19.
Key Target Audience:
- Healthcare Providers
- Radiology Departments
- Diagnostic Imaging Centers
- Hospitals
- Research Institutions
- Medical Equipment Manufacturers
- Insurance Companies
- Patients
- Healthcare Policymakers
Our in-depth analysis of the United States Computed Tomography Market includes the following segments:
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By Type:
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Low Slice
Medium Slice
High Slice
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By Application:
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Oncology
Neurology
Cardiovascular
Musculoskeletal
Others
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By End User:
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Hospitals
Diagnostic Centers
Others
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Key Topics Covered in the Report:
- United States Computed Tomography Market Size (FY’2024-FY’2033)
- Overview of United States Computed Tomography Market
- Segmentation of United States Computed Tomography Market By Type (Low Slice, Medium Slice, High Slice)
- Segmentation of United States Computed Tomography Market By Application (Oncology, Neurology, Cardiovascular, Musculoskeletal, Others)
- Segmentation of United States Computed Tomography Market By End User (Hospitals, Diagnostic Centers, Others)
- Expansion Analysis of United States Computed Tomography Market
- Problems and Obstacles in United States Computed Tomography Market
- Competitive Landscape in the United States Computed Tomography Market
- Impact of COVID-19 and Demonetization on United States Computed Tomography Market
- Details on Current Investment in United States Computed Tomography Market
- Competitive Analysis of United States Computed Tomography Market
- Prominent Players in the United States Computed Tomography Market
- SWOT Analysis of United States Computed Tomography Market
- United States Computed Tomography Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Computed Tomography Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Computed Tomography Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Computed Tomography Market
7. United States Computed Tomography Market, By Type (USD Million) 2020-2033
7.1. United States Computed Tomography Market Size, Share and Forecast, By Type, 2020-2026
7.2. United States Computed Tomography Market Size, Share and Forecast, By Type, 2027-2033
7.3. Low Slice
7.4. Medium Slice
7.5. High Slice
8. United States Computed Tomography Market, By Application (USD Million) 2020-2033
8.1. United States Computed Tomography Market Size, Share and Forecast, By Application, 2020-2026
8.2. United States Computed Tomography Market Size, Share and Forecast, By Application, 2027-2033
8.3. Oncology
8.4. Neurology
8.5. Cardiovascular
8.6. Musculoskeletal
8.7. Others
9. United States Computed Tomography Market, By End User (USD Million) 2020-2033
9.1. United States Computed Tomography Market Size, Share and Forecast, By End User, 2020-2026
9.2. United States Computed Tomography Market Size, Share and Forecast, By End User, 2027-2033
9.3. Hospitals
9.4. Diagnostic Centers
9.5. Others
10. United States Computed Tomography Market Forecast, 2020-2033 (USD Million)
10.1. United States Computed Tomography Market Size and Market Share
11. United States Computed Tomography Market, By Region, 2020-2033 (USD Million)
11.1. United States Computed Tomography Market Size and Market Share By Region (2020-2026)
11.2. United States Computed Tomography Market Size and Market Share By Region (2027-2033)
11.3. Eastern Region
11.4. Western Region
11.5. Northern Region
11.6. Southern Region
12. Company Profile
12.1. Canon Medical Systems Corporation (Toshiba Corporation)
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Carestream Health
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Fujifilm Holdings Corporation
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. GE Healthcare
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Koning corporation
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Koninklijke Philips NV
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Neusoft Medical Systems Co. Ltd
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Planmeca Group (Planmed OY)
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Samsung Electronics Co., Ltd.
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Siemens Healthineers AG
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Stryker Corporation
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. Others
13. Conclusion
14. Reference Links
15. List of Abbreviations
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
