Europe CT Market - Growth, Trends, and Forecasts (2020 – 2025)

The market is segmented by Type (Low Slice, Medium Slice and High Slice), Application (Oncology, Neurology, Cardiovascular, Musculoskeletal, and Other Applications), End User (Hospitals, Diagnostic Centers, and Other End Users), and Geography

Market Snapshot

Study Period:

2017-2025

Base Year:

2019

CAGR:

6.93 %

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Market Overview

The European CT market is anticipated to grow with a CAGR of 6.93%, during the forecast period. The significant factors for the Europe computed tomography (CT) market include the rising geriatric population and increase in incidences of chronic diseases, increase in the shift of medical care toward image-guided interventions, and technological advancements in the region. The burden of chronic diseases is on the rise across Europe, and medical imaging procedures play a crucial role in the accurate diagnosis of these diseases. Chronic diseases, such as heart disease, stroke, cancer, diabetes, obesity, and arthritis, are among the most common, expensive, and preventable of all health problems. These are some of the key factors attributing to the growth of the European CT market.

Scope of the Report

Computed tomography (CT) is an imaging process that customizes special X-ray equipment to generate a sequence of exhaustive images, or scans, of areas inside the body. Also called computerized axial tomography (CAT) scanning, it is primarily used in cancer diagnosis.

By Type
Low Slice
Medium Slice
High Slice
By Application
Oncology
Neurology
Cardiovascular
Musculoskeletal
Other Applications
By End User
Hospitals
Diagnostic Centers
Others
By Geography
Europe
United Kingdom
Germany
France
Italy
Spain
Rest of Europe

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Key Market Trends

Oncology Segment is Expected to Hold the Largest Market Share in the European CT Market

Oncology deals with the diagnosis and treatment of tumors and cancers, while cancer is one of the leading causes of morbidity and mortality. Among both sexes, lung, breast, and colorectal cancers are among the most common cancers. The cancer burden is increasing in the region, and thus, there is a rise in the usage of imaging modalities for the diagnosis of the diseases. The increasing cancer burden is due to several factors, including population growth and aging, and the changing prevalence of certain causes of cancer is linked to social and economic development. Cancer is also associated with lifestyles as CT scans are relatively less expensive than other imaging modalities. Hence, the demand for this high. Such factors are expected to contribute to the growth of the market during the forecast period.

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Competitive Landscape

The European CT market is competitive and consists of several players. In terms of market share, few of the major players are currently dominating the market. And some prominent players are vigorously making acquisitions and joint ventures with the other companies to consolidate their market positions across the region. Some of the companies which are currently dominating the market are GE Healthcare, Koninklijke Philips NV, Siemens AG, Canon Medical Systems, and Fujifilm Holdings Corporation.

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Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing incidence of cancer & chronic diseases

      2. 4.2.2 Advancement in Technology

    3. 4.3 Market Restraints

      1. 4.3.1 Expensive procedures and instruments

      2. 4.3.2 Stringent Regulatory Framework

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Low Slice

      2. 5.1.2 Medium Slice

      3. 5.1.3 High Slice

    2. 5.2 By Application

      1. 5.2.1 Oncology

      2. 5.2.2 Neurology

      3. 5.2.3 Cardiovascular

      4. 5.2.4 Musculoskeletal

      5. 5.2.5 Other Applications

    3. 5.3 By End User

      1. 5.3.1 Hospitals

      2. 5.3.2 Diagnostic Centers

      3. 5.3.3 Others

    4. 5.4 By Geography

      1. 5.4.1 Europe

        1. 5.4.1.1 United Kingdom

        2. 5.4.1.2 Germany

        3. 5.4.1.3 France

        4. 5.4.1.4 Italy

        5. 5.4.1.5 Spain

        6. 5.4.1.6 Rest of Europe

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 GE Healthcare

      2. 6.1.2 Koninklijke Philips NV

      3. 6.1.3 Siemens AG

      4. 6.1.4 Canon Medical Systems

      5. 6.1.5 Hitachi Medical Systems

      6. 6.1.6 Shimadzu Corporation

      7. 6.1.7 Samsung Medison

      8. 6.1.8 Trivitron Technologies

      9. 6.1.9 Fujifilm Holdings Corporation

      10. 6.1.10 Carestream Health

  7. *List Not Exhaustive
  8. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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