Published Date : 2024-Nov-09
The Computed Tomography (CT) system market has grown significantly over the last few years, driven by advances in medical imaging technology, an increased prevalence of chronic diseases, and a rising demand for non-invasive diagnostic procedures. As technology continues to advance, leading companies in the CT market are setting new standards in image quality, scanning speed, and diagnostic accuracy, making healthcare more efficient and accessible. Below, we dive into some of the key players who are shaping the CT market landscape, exploring what sets them apart and how they’re pushing the boundaries of medical imaging technology.
In this blog, we’ll explore the top companies leading the global Computed Tomography (CT) System Market including Siemens Healthineers, GE Healthcare, Canon Medical Systems Corporation, Philips Healthcare, United Imaging and More.
Computed Tomography System Market Size, Share & Trends Analysis Report By patient position (classified into seated, supine, standing), By detector type (bifurcated into image, intensifier, flat-panel detector), By field of view (divided into small FOV systems, medium FOV systems, large FOV systems), By application (dental, ENT applications, orthopedic conditions, neural & spine, lung cancer, veterinary), By end user (categorized into dental clinics, hospitals, others), Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023 – 2031.
Global Computed Tomography System Market size was valued at USD 6950 Million in 2022 and is projected to reach USD 10747.22 Million by 2031, growing at a CAGR of 5.6% from 2022 to 2031 according to a new report by Intellectual Market Insights Research.
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The Computed Tomography System market research report comprises a thorough examination of the current and future scenario of this industry vertical. The research highlights major trends and opportunities, as well as challenges, for various segments and sub-segments, while broadening the company horizon. The study report also includes extensive information based on past and present patterns across several industry verticals to help find various expansion prospects. Throughout the forecast period, several estimations regarding market share, market size, and industry growth rate are presented. The research includes information on competitive analysis as well as consumption habits and pricing strategies depending on the Computed Tomography System market.
The integration of AI has become a transformative factor in the CT market. AI-powered image reconstruction and analysis tools are enhancing diagnostic accuracy, reducing scan times, and improving workflow efficiency. Leading companies like Siemens and GE are leveraging AI to offer systems that can learn from each scan, continuously refining image quality and diagnostic reliability.
With a greater emphasis on patient safety, companies are investing in technologies that minimize radiation exposure. Canon, for example, has focused on producing CT systems that prioritize low-dose imaging without compromising diagnostic quality. This trend is likely to continue as patient awareness about radiation risks grows.
Systems that adapt to patient needs are increasingly becoming standard. Companies like Philips are pioneering platforms that adjust imaging parameters based on each patient’s unique characteristics, which not only enhances the quality of images but also contributes to a more comfortable patient experience.
Rising demand for healthcare infrastructure in emerging markets is creating significant growth opportunities for CT manufacturers. Companies like United Imaging are expanding access to high-quality imaging systems, providing solutions designed for a range of economic and environmental conditions, from high-tech hospitals to remote clinics.
Headquarters & Founded: Erlangen, Germany & 2017
Siemens Healthineers (formerly Siemens Healthcare, Siemens Medical Solutions, and Siemens Medical Systems) is a German company which provides healthcare services. It was spun off from its parent company Siemens in 2017, which retains a 75% stake. Siemens Healthineers is the parent company for several medical technology companies.
The company has long been a trailblazer in the CT industry, bringing unique and high-performing solutions to the market. Their SOMATOM series, for instance, features photon-counting CT technology, which provides higher resolution images at a reduced radiation dose. The company has also integrated AI algorithms into its CT systems, enabling enhanced diagnostic accuracy and faster workflows. Siemens' dedication to innovation and precision has made it a leading choice for healthcare providers worldwide.
It operates in more than 150 countries & employs over 70,000 (2023) people and had revenues of €25 billionin 2023.
Headquarters & Founded: Chicago, Illinois, USA & 1994
GE HealthCare is an American multinational medical technology company. The company has made significant strides in developing CT systems that focus on patient comfort and image clarity. The company’s Revolution CT scanner is known for its ability to capture high-definition images with reduced radiation exposure. GE’s Smart Technologies, coupled with its pioneering efforts in deep learning reconstruction, help deliver accurate diagnoses faster than ever before. Their continued innovation in imaging software and hardware integration has made GE Healthcare a vital player in this industry.
It was spun-off from General Electric on January 4, 2023, with GE retaining 6.7% and It was incorporated in 1994 and operates in more than 100 countries. The company had 51,000 employees (2023) and had revenue of US$19.6 billion in 2023.
Headquarters & Founded: Otawara, Japan & 1948
Canon Medical Systems Corporation is a medical equipment company. The company formerly known as Toshiba Medical, is another powerhouse in the CT system market. Known for its Aquilion series, Canon's systems provide high-quality images and emphasize patient safety through reduced radiation doses. Canon’s AiCE technology has set a new standard in image clarity, with deep learning algorithms for real-time reconstruction. By combining user-friendly designs and high-quality imaging, Canon has maintained its competitive edge in the global market.
Employs over 40,000 people globally at 150+ locations.
Headquarters & Founded: Amsterdam, Netherlands & 1891
Philips is a Dutch multinational conglomerate. The company focuses on enhancing patient care through its state-of-the-art CT imaging solutions. The Philips Spectral CT 7500 is a groundbreaking system that allows radiologists to capture more accurate, detailed images with less noise, optimizing diagnostic outcomes. Philips also employs iterative reconstruction techniques to reduce radiation exposure without sacrificing image quality. Their iPatient platform further personalizes patient imaging, adjusting settings based on individual needs, which ensures greater diagnostic precision and a smoother patient experience.
It operates in more than 150+ countries & employs over 70,000 people (2023) and had revenues of €18.17 billion in 2023.
Headquarters & Founded: Shanghai, China & 2011
United Imaging is a publicly listed Chinese multinational medical technology. The company manufactures medical imaging and radiotherapy equipment and was founded with private funding. As one of the newer players in the CT market, United Imaging has quickly established itself with advanced, AI-integrated CT scanners that compete with long-standing brands. Their uCT 780 is known for its ultra-high resolution and efficient workflow, which integrates AI for real-time, adaptive imaging. United Imaging focuses on creating high-quality, accessible imaging solutions that can adapt to various medical environments, including underserved areas, thereby expanding access to quality care.
The company had 7,440 employees, and it generated more than CN¥11.41 billion revenue in 2023.
