The global dual and multi-energy computed tomography (CT) market is poised for a surge, with a projected Compound Annual Growth Rate (CAGR) of 8.2% expected to propel the market from US$ 1.5 billion in 2022 to a staggering US$ 2.6 billion by 2029.
This remarkable growth signifies the transformative power of dual and multi-energy CT in the medical imaging landscape. Already accounting for a significant 14.1% share of the global orthopedic imaging equipment market in 2021, this technology continues to revolutionize diagnostics.
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Pioneering advancements like dual-source CT and rapid kVp switching are at the forefront of this revolution, currently holding a dominant position with over 70% market share. These innovations are paving the way for a future of enhanced efficiency and cutting-edge healthcare diagnostics.
Key Takeaways of Dual and Multi-energy CT Market Study:
- The dual-source CT segment under product type contributed maximum value share in the global dual and multi-energy CT market in 2018, owing to the increasing adoption of dual-source CT and easy availability of the device.
- CT angiography is expected to be the leading clinical application, resulting in a notable share of the segment in the dual and multi-energy computed tomography market.
- The hospitals segment under end user holds above 50% of value share in the dual and multi-energy CT market.
- North America holds around 35% revenue share, and is expected to be the most lucrative region in the global dual and multi-energy computed tomography market during the forecast period.
- Increasing government funding to boost the growth of the medical industry in Asia is expected to drive the growth of the dual and multi-energy CT market in the region.
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Aging Population and Need for Medical Imaging:
Increasing aging population with longer life expectancy, especially in developed regions, is anticipated to boost the medical and healthcare industry.
According to the data of the National Institutes of Health (NIH), patients aging 65 years and above undergo diagnostic imaging at rate twice or thrice that of the younger population. Women are also subject to use higher rates of imaging as compared to men. This results in a rise in the number of diagnostic procedures and more effective treatment methods.
Factors such as evolving patient expectations regarding quality of care is also driving the demand for advanced imaging technology, thus boosting the overall imaging market.
Key Companies Profiled:
- Koninklijke Philips N.V.
- GE Healthcare
- Siemens Healthineers
- Canon Medical Systems
- Fujifilm Holdings Corporation
- Shimadzu Corporation
- Koning Corporation
- Neusoft Medical Systems Co. Ltd
- CareStream Health
- Planmeca Group
- Hitachi Healthcare Systems
- Stryker Corporation
Key Segments of Dual and Multi-Energy CT Industry Research:
Dual and Multi-Energy CT Market by Product:
- Rapid kVp Switching
- Energy-Sensitive Sandwich Detectors
- Dual-Source CT
Dual and Multi-Energy CT Market by Clinical Application:
- Virtual Mono-energetic Imaging
- CT Angiography
- Perfused Blood Volume
- Virtual Non-contrast-enhanced Images
- Atherosclerotic Plaque Removal
- Virtual Non-calcium Images
- Urinary Stone Characterization
- Crystalline Arthropathies
- Others
Dual and Multi-Energy CT Market by End User:
- Hospitals
- Diagnostic Centers
- Ambulatory Surgical Centers
Dual and Multi-Energy CT Market by Region:
- North America Dual and Multi-Energy CT Market
- Latin America Dual and Multi-Energy CT Market
- Europe Dual and Multi-Energy CT Market
- East Asia Dual and Multi-Energy CT Market
- South Asia & Pacific Dual and Multi-Energy CT Market
- Middle East & Africa (MEA) Dual and Multi-Energy CT Market
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