The global market for CT scanners to be driven by its growing applications

Due to the increased prevalence of diseases, such as cancer and metabolic diseases, the healthcare and pharmaceutical industries have worked to develop efficient and precise diagnostic tools and targeted therapies. In 2018 the CT scanners market was valued at USD 8.2 billion and is expected to reach USD 10.4 billion by 2022, reflecting a CAGR of 4.9 percent, predicts BCC Research. In the last decade, there have been many advancements in mid-tier, premium, and portable CT scanners. These advances have helped immensely in the diagnosis of various disorders such as cardiovascular disorders, neurological disorders, and cancer. Unlike other medical imaging techniques, such as conventional X-ray imaging, CT allows greater distinguishing of soft tissue such as fat and liver. It makes CT scans suitable for a wider range of applications such as oncology, neurological, cardiovascular, coronary CT angiography, and pediatric imaging. In the emerging economies, a rise in research expenditures, unhealthy lifestyles and the need for effective diagnostic tools have driven the demand in the CT scanner market. China and India remain promising markets for the healthcare industry.