Point of Care (POC) CT Imaging Systems Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Point of Care (POC) CT Imaging Systems Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Point of Care CT Imaging Systems Market

The point of care CT imaging systems market size was valued at USD 217.6 million in 2019, and the market is now projected to grow from USD 869.6 million by 2027, exhibiting a CAGR of 19.9% during the forecast period of 2020-2027.

Due to COVID-19, disruptions in the manufacturing of the point of care CT imaging systems market growth have affected while slowing down new product releases in developing nations. The increase in the number of imaging services required due to the pandemic has resulted in corresponding difficulties in production. They have also contributed to the instability of the raw material and goods exports due to geopolitical risks. The key players are now re-strategising the supply chain to fit the above challenges. These factors work hand in hand in retarding market development.

The rising need for emergency diagnosis and detection of critical conditions has created the need for the global point of care CT imaging systems market share. For instance, according to the data of emergency departments in the United States in 2018, with total visits accounting for 139 million, 2 million were taken to the ICU. Modernization in the healthcare sector, technology has boosted healthcare management by integrating diagnosing tools and treatment. Crises and traumas are traditionally managed in emergency departments. At the same time unintentional injuries are the fourth most frequent cause of death in the U.S. This trend supports the need to adopt point of care CT imaging more often.

Also, artificial intelligence (AI) developments are increasing the possibilities concerning diagnostic performance of the point of care CT imaging market. AI's capabilities enhance radiologists' work by helping them improve the level of indication detection of diseases, thus improving the results. This technology caters to changing times when the satisfaction of the patient is of paramount importance in a health facility. The increased efficiency in tracking and reducing ambiguity leads to market growth, as indicated by AI usage. The enhancement of the application of artificial intelligence systems represents a groundbreaking advancement in diagnostic development.

Comprehensive Analysis of Point of Care CT Imaging Systems Market

The point of care CT imaging systems market and healthcare industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the healthcare industry. These segmentations are methodically segregated by product type and by application. The product types include, Full-sized and Compact. The applications include, Hospitals, Ambulatory Surgical Centers, Radiology Centers and Clinics.

The market size in North America was at USD 96.4 million in 2019. This is mainly because the key players prefer to release their products in the developed nations of North America thus driving the market in this region. Many players want clearance from the U.S. Food and Drug Administration (FDA) to access more customers in other areas.

The top players in the market play a crucial role in the healthcare industry assuring industrial prospectus growth and setting market standards. These players include, Carestream Health (U.S), Planmed Oy (Finland), Samsung NeuroLogica (U.S), SCANCO Medical (Switzerland), CurveBeam (U.S), KaVo Kerr (U.S), Genoray Co (South Korea) and Xoran Technologies (U.S). These market players provide a level-playing competitive landscape.

In March 2021, NeuroLogica Corp. launched the SmartMSU with the OmniTom Elite CT scanner for commercial applications. This device enhances the capability of stroke imaging with an ambulance, and the OmniTom Elite multi-slice computer tomography also provides high-resolution images.

Segmentation Table

Global Point of Care CT Imaging Systems Market Scope

Study Period 2016-2027

Base Year 2019

Forecast Period 2020-2027

Growth Rate CAGR of 19.9% from 2020 to 2027

Historical Period 2016-2018

Unit Value (USD Billion)

Segmentation By Product Type, Application, and Geography

By Product Type

Full-sized

Compact

By Application

Hospitals

Ambulatory Surgical Centers

Radiology Centers

Clinics

By Geography

North America (the U.S. and Canada)

Europe (the U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)

Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)

Latin America (Brazil, Mexico, and Rest of Latin America)

The Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)Please Note: It will take 5-6 business days to complete the report upon order confirmation.