Global Computed Tomography Market Forecast, by Type 2016 to 2024

Global Computed Tomography Market: Overview 

After being available in the market since the last decade, computed tomography (CT) has become highly popular. A non-invasive and painless medical imaging procedure, it provides a much more complete and accurate picture of the body than its predecessor, X-rays. On account of the aforementioned benefits, CT scan has come to be recognized as one of the best methods for detecting many different kinds of cancers.  

The increasing popularity of the CT scans because of the benefits they accord, coupled with the rising ranks of health conscious people, is expected to boost the market. As per TMR estimates, the global CT market is expected to be worth US$5.6 billion in 2017, after clocking a healthy CAGR of 4.5%. 

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The research study on computed tomography examines the market after segmenting it on parameters such as the type of CT machines used and geography. It details the current trends to predict the overall growth. It also leverages Porter’s Five Forces Model to understand the competitive dynamics of various segments. Aspects, namely market size, its growth drivers and restraints find a detailed mention in the report as well. 

Global Computed Tomography Market: Trends and Opportunities 

There are various reasons why computed tomography market has seen an impressive growth. Firstly, there has been an increasing awareness among a new breed of health conscious people, who understand the importance of preventive healthcare and demand accurate early diagnosis. Secondly, an alarmingly high occurrence of circulatory system, cardiovascular, inflammatory, and spinal diseases is also driving growth in the market. 

Further, spurt in medical diagnostic procedures and technological advancements has also stoked the market. Depending upon the type of CT machines, for example, the market can be divided into the following: high end slice, mid end slice, and low end slice CT.  The high end slice is slated to hold more than half of the market share by 2017 due to the 64-slice CT system it includes, which aids in accurate imaging of the heart. The  multi-slice computed tomography (MSCT), further, introduced around six years back, offers high-speed, non-invasive, thin-slice diagnostic scanning for various purposes in radiology and cardiology, has seen soaring popularity. 

Such technological advancements, alongside an aging population requiring medical imaging technology improvements, has fuelled adoption of image guided, less invasive procedures for diagnosis.  The rising preference for automated workflows has also led to the growth in the market. Emerging countries are already making efforts to generate awareness about the advantages of CT machines. This alongside increasing disposable income of families has resulted in demand shooting up. 

Computed Tomography Market: Major Segments 

Geographically, the CT market can be divided into Asia Pacific, Europe, North America, and the Rest of the World (Row). Of them, the largest share of the market is commanded by North America, mainly on account of sweeping technological advancements and growing consciousness among the elderly, who are fast outnumbering other demographics. Europe follows next and holds a good amount in market share for the same reasons as North America does. 

Asia Pacific, however, has been exhibiting maximum growth rate on account of growing demand for early diagnostic tools demanded in mushrooming healthcare facilities in the region. With a rapidly growing population in the region, the demand for healthcare has seen a dramatic rise in the region and led to both private and government players rushing in to meet the demand. 

Companies Mentioned in the Report 

To study the market’s vendor landscape, the report has profiled some of the most prominent enterprises operating therein. Some of the globally known, dominant purveyors in the CT market are Toshiba, Philips, Siemens, and GE. 

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How Computed Tomography (CT) Scanning is Proving to be an Invaluable Asset for 3D Printed Components

The 3D printing industry has grown exponentially after the technology’s disruptive potential became known. With several avenues now making it possible to 3D print parts and components easily, the scope for this industry has only widened. However, like most other great technologies, 3D printing too relies on the use of ancillary technologies to attain enhanced efficiency. In the context of additive manufacturing, computed tomography (CT) fills this void perfectly. CT scans have already made a mark in the healthcare sector and now, the technology is about the help the additive manufacturing industry reach new heights.

On the global level, the demand for CT scanning has witnessed a dramatic increase, leading to the creation of a billion-dollar market. As the technology proves itself useful in new and emerging areas, its market will only grow further. According to a study by Transparency Market Research, the global computed tomography (CT) market is expected to stand at US$5.6 bn by 2017, rising in value from US$4.3 bn in 2011. At a CAGR of 4.5% between 2011 and 2017, the market is projected to expand robustly across the world.

From NASA to the Commercial Market – A Momentous Journey for CT-validated 3D-printed Parts

It’s not entirely unknown that NASA has been an early proponent of 3D printing with engineers at the space agency using additive manufacturing to cut down costs of designing spacecraft parts. But what’s probably not as widely known is that the space agency relied heavily on the use of computed tomography (CT) to validate the precision and strength of these 3D-printed parts.

By turning to the use of CT scanning, engineers at NASA were able to gain a better look at the internal characteristics of 3D-printed parts. These renditions were available to them in full 3D, giving them confidence to deploy 3D-printed parts in mission critical applications. Combined with other conventional tests, CT scanning can ensure the production of failsafe components – a realization that’s motivating many industrial facilities to use this successful combination.

The Many Advantages of Using CT Scanning to Validate 3D Parts

The use of CT scanning presents a bevy of benefits to manufacturing processes, especially since it is a non-destructive inspection method. Non-destructive and non-invasive testing is much sought after in building structures, pressure vessels, transportation, piping, and hoisting equipment.

In the 3D printing industry, the use of computed tomography scanning is helping manufacturers save considerable time and money by spotting errors early on in the design and manufacturing phases.

Here are five benefits of using computed tomography scanning for 3D printed parts:

• Voids or inclusions present inside a 3D-printed part can be instantly detected

• A comparison between the ready component and the CAD model can help spot incongruities
• Comparison between two parts from the same or different manufacturing batches helps in maintaining consistent output quality

• Checking the thickness of walls using CT scanning, especially in products such as autoclaves, can help engineers detect weak spots

• Where an existing 3D manufactured component is available, it can be reverse engineered into a CAD file using CT scanning

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Keeping these factors in view, engineers are increasingly looking at computed tomography as an able ally of 3D printing.