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

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Europe CT Market

The market is poised to reach USD XX billion by the end of 2021, growing at a CAGR of XX%. Computed tomography (CT) is primarily used in the cancer diagnosis process. In addition to its use in cancer, CT is widely used to help diagnose circulatory (blood) system diseases and conditions such as coronary artery disease (atherosclerosis), blood vessel aneurysms, and blood clots, spinal conditions, kidney and bladder stones, abscesses, inflammatory diseases such as ulcerative colitis and sinusitis, and injuries to the head, skeletal system, and internal organs. CT can be a life-saving tool for diagnosing illness and injury in both children and adults.

Europe CT Market - Market Dynamics

The report details several factors driving and restraining the market, some of which are listed below.

Drivers

  • Increasing incidence of cancer & chronic diseases
  • Increase in the global aging population
  • Technological advances
  • Growing public awareness for healthcare

Restraints

  • Reimbursement issues
  • Regulatory framework concerns
  • Market saturation in developed regions
  • Expensive procedures and instruments

Currently, the European market is dominated by Germany, followed by France and the UK. Developing nations such as Poland and Ukraine are the fastest growing segments. The European CT scanners market can be segmented on the basis of type (low slice, medium slice, and high slice), end-user (clinics, diagnostic services, hospitals and others), application (oncology, neurology, cardiovascular, diagnostics and others), geography (UK, France, Germany, Spain, Italy, Scandinavia and Rest of Europe).

Some of the key players in the market are:

  • GE Healthcare
  • Phillips
  • Siemens
  • Toshiba Medical Systems
  • Trivitron Technologies

What the Report Offers

  • Market definition along with identification of key drivers and restraints for the market.
  • Market analysis for the European CT market, with region-specific assessments and competition analysis on a global and regional scale.
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
  • Identification and analysis of the macro and micro factors that affect the European CT market on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

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