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Follow on Google News | Computed Tomography (CT) SystemsGlobal Computed Tomography (CT) Systems Market is Forecast to Reach $4.8 Billion by 2017
By: Rajesh Gunnam The future growth of the market is expected to be driven by high slice CT systems and low-dose CT systems, which provide greater patient comfort. Positive clinical evidence of the benefits of using lowdose CT systems on patients with lung cancer is expected to further fuel the market’s growth. Hybrid modalities, such as Positron Emission Tomography/CT (PET/CT) and Computed Tomography Laser Mammography (CTLM) systems are helpful in enhancing the applications of CT systems. Rising healthcare spending in developing economies such as China and India is also expected to drive the growth of the CT systems market. The global market for high slice CT systems was valued at $1.2 billion in 2010 and is forecast to reach $2 billion in 2017 at a CAGR of 8%. The technological advantages of high slice CT systems over mid and low slice CT systems will continue to drive the growth of the high slice CT systems market in the future. High slice CT systems are preferred to their mid and low slice counterparts due to benefits such as faster scan times and enhanced image quality. High slice CT systems such as 128 slice CT systems and 256 slice CT systems are also being used in the cardiac CT scan area. The CT systems market is expected to be driven by the technological advances currently taking place in the market. Newer CT systems now provide higher number of slices per scan. These high slice CT systems are helpful in producing high quality cross sectional images or slices of a whole organ in a single rotation. Diagnosis times are also reduced through the use of high slice CT systems, in addition to the fact that faster CT systems reduce radiation exposure for patients. Newer applications, such as perfusion CT scans and colonoscopy CT scans, are also growing in popularity. Technological advancements are thus expanding the range of applications for CT systems in the areas of cardiovascular diseases and cancer, which is driving the CT systems market. For Sample Pages, please click or add the below link to your browser: http://www.globaldata.com/ The US CT systems market was valued at $845.2m in 2010 and is forecast to grow by 5% annually over the period 2010-2017 to reach $1.2 billion by 2017. The major growth driver for CT systems in the US is the increasing use of mid and high slice CT systems for the detection of cancer, cardiovascular diseases and neurological disorders, among other medical conditions. Japan follows the US market closely, accounting for 23% of the total global CT systems market. In 2010, Siemens Healthcare, GE Healthcare, Toshiba Medical Systems Corporation and Philips Healthcare were the top players in the global CT systems market, with a combined share of more than 74%. The market is dominated by these four players due to their global reach, brand presence and technologically advanced products. GlobalData’s new report, “Computed Tomography (CT) Systems - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017” provides key data, information and analysis on the global Computed Tomography (CT) systems market. The report provides market landscape, competitive landscape and market trends information on the CT systems market. The report provides comprehensive information on the key trends affecting the market, and key analytical content on the market’s dynamics. The report also reviews the competitive landscape and technology offerings. For further details, please click or add the below link to your browser: http://www.globaldata.com/ Visit our report store: http://www.globaldata.com/ For more details contact: pressreleases@ North America: +1 646 395 5477 Europe: Asia Pacific: # # # GlobalData is a global market intelligence services company providing information research and analysis products and services. End
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