Within the intricate realm of medical imaging, the micro computed tomography market emerges as a silent architect, crafting detailed three-dimensional landscapes of minuscule structures. This dynamic market, fueled by technological prowess, specializes in offering a microscopic lens into the intricacies of biological and material compositions. Micro computed tomography (Micro-CT) has evolved beyond traditional imaging boundaries, becoming a cornerstone in research and industry applications, from materials science to life sciences. As scientists and engineers seek unparalleled insights into the microcosmos, the Micro Computed Tomography Market stands poised at the intersection of innovation and precision, unveiling a world where the minutest details hold the key to profound discoveries and advancements across diverse fields.
The recently published analysis report on the micro computed tomography market by Future Market Insights projects that global sales of this product will reach US$ 190.3 million in 2021. The market is expected to grow by 11.3% between 2022 and 2032, which is substantially faster than it has historically grown.
Life Sciences is expected to be the highest revenue-generating application, with a CAGR of 14.6% between 2022 and 2032.
The global prevalence of a variety of ailments has prompted governments to increase their research and development spending. Several healthcare providers are increasing their R&D investment in order to develop more advanced Micro Computed Tomography systems and tools, which will aid market growth throughout the forecast period. Furthermore, increased R&D spending by various companies across a variety of industries is expected to boost demand for Micro Computed Tomography around the world.
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Micro-CT scanning renders monochromatic X-rays that are largely parallel with high flux that permits rapid scanning and large datasets. This research also exhibits high spatial resolution, high bone and lung sensitivity, economical price, and short scan time.
Key Takeaways:
- Global Micro Computed Tomography Market is expected to reach a market size of US$ 209.9 Million by 2022.
- The Life Sciences segment, is expected to have the highest CAGR rate of 14.6% during the forecast period.
- United States is expected to remain the most dominant country with absolute dollar growth opportunity of US$ 149.2 Million.
- The market in Japan is set to experience the highest CAGR of 14.8% during the 2022-2032 forecast period.
“With the evolution of high resolution micro-computed tomography systems, the market is expected to witness significant spurt in the coming decade” comments a Future Market Insights analyst.
Leading Companies Profiled in Micro Computed Tomography Market are
- Bruker Corporation
- PerkinElmer
- Thermo Fisher Scientific
- Zeiss
- Neoscan
- Sanying Precision Instruments Co. Ltd.
- North Star Imaging Inc.
- SCANCO Medical AG
- TESCAN
Competitive Landscape
The market is fiercely competitive, where key competitors have been using various techniques to boost their growth. Some of the key players in Micro Computed Tomography Market include Bruker Corporation, PerkinElmer, Thermo Fisher Scientific, Zeiss, Neoscan, Sanying Precision Instruments Co. Ltd., North Star Imaging Inc., SCANCO Medical AG, and TESCAN.
- In September 2021, with PerkinElmer’s takeover of BioLegend, a leader in the research arena for immunologists, the Company wanted to expand into fast-growing areas of life science like proteogenomics, recombinant proteins, flow cytometry, multiplex assays, magnetic cell sorting, and bioprocessing.
- In August 2021, Tescan announced the introduction of UniTOM HR, which it claims as the first dynamic micro-CT system in the world with sub-micron resolution, along with 3D non-destructive imaging for static studies and high temporal resolution for continuous 4D dynamic CT research.
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Key Segments:
By Product Type:
- In-vivo
- Ex-vivo
By Application:
- Life Sciences
- Bones
- Dentistry
- Plants and Food
- Material Science
- Geology/Oil and Gas Geology
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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