Computed Tomography (CT) Market Size & Growth, Forecast [2033]

Computed Tomography (CT) Market Overview

The Computed Tomography (CT) Market size was valued at USD 4847.47 million in 2024 and is expected to reach USD 6509.75 million by 2033, growing at a CAGR of 3.3% from 2025 to 2033.

The global computed tomography (CT) market is experiencing significant growth, driven by technological advancements and increasing demand for diagnostic imaging. In 2023, over 70 million CT scans were performed in the U.S. alone, with an annual growth rate of approximately 10%. The adoption of high-slice CT scanners, particularly those with more than 64 slices, accounted for over 35.4% of the market share in 2023. Hospitals and clinics remain the primary end-users, contributing to 49% of the market share. North America held a market share of over 31% in 2023, with the U.S. market valued at USD 1.40 billion. The Asia-Pacific region is expected to witness the highest growth rate from 2024 to 2034.

Key Findings

Top Driver Reason: The increasing prevalence of chronic diseases, such as cancer and cardiovascular disorders, is propelling the demand for advanced diagnostic imaging solutions.

Top Country/Region: North America leads the CT market, with the U.S. accounting for a significant portion due to high healthcare expenditure and advanced medical infrastructure.

Top Segment: High-end slice CT scanners (more than 64 slices) dominate the market, driven by their superior imaging capabilities and diagnostic accuracy.

Computed Tomography (CT) Market Trends

The CT market is witnessing several notable trends. The integration of artificial intelligence (AI) and machine learning (ML) is enhancing image quality and reducing scan times. AI algorithms assist in detecting subtle anomalies, improving diagnostic precision. For instance, Philips introduced the AI-enabled CT 5300 system in February 2024 to enhance diagnostic accuracy. Manufacturers are focusing on reducing radiation exposure without compromising image quality. Toshiba’s Aquilion ONE CT scanner employs iterative reconstruction technology to optimize image quality at lower doses. These scanners use two different energy levels of X-rays to create more detailed images, aiding in better differentiation of tissues. GE Healthcare’s Revolution CT scanner integrates dual-energy capabilities for enhanced imaging. There is a growing demand for compact and mobile CT solutions, especially in emergency settings and remote areas. Devices like the Neurologica BodyTom and Philips’ Mobile CT are gaining popularity for their flexibility and rapid diagnostic capabilities. This advanced technology offers improved spatial resolution and reduced radiation doses. Siemens Healthineers' NAEOTOM Alpha, the first clinically approved PCCT system, was cleared by the FDA in September 2021.

Computed Tomography (CT) Market Dynamics

DRIVER

Rising Demand for Advanced Diagnostic Imaging

The increasing prevalence of chronic diseases, such as cancer, cardiovascular disorders, and neurological conditions, is driving the demand for advanced diagnostic imaging. Early detection and monitoring are crucial for effective treatment, leading to a surge in CT scan procedures. In the U.S., more than 70 million CT scans are performed annually, with a 10% annual increase. This trend underscores the growing reliance on CT imaging for accurate diagnosis and treatment planning.

RESTRAINT

High Maintenance and Installation Costs

The high acquisition and maintenance costs of CT scanners pose a significant barrier to market growth. For example, the estimated acquisition cost of a 16-slice CT system ranges from USD 285,000 to USD 360,000, with annual maintenance costs around USD 60,000. High-end 128-slice scanners can have maintenance costs up to USD 250,000 per year. These costs are often prohibitive for small and medium-sized healthcare facilities, limiting the adoption of advanced CT technology.

OPPORTUNITY

Integration of Artificial Intelligence

The integration of AI and ML in CT imaging presents significant growth opportunities. AI algorithms enhance image reconstruction, automate routine tasks, and improve diagnostic accuracy. Companies like Siemens Healthineers, GE Healthcare, and Philips are incorporating AI solutions into their CT platforms, making imaging more efficient and accessible. This technological advancement is expected to drive market growth by improving patient outcomes and reducing operational costs.

CHALLENGE

Regulatory Compliance and Certification

Navigating the complex regulatory landscape is a significant challenge for CT scanner manufacturers. Obtaining necessary approvals and certifications can be time-consuming and costly, delaying product launches. Additionally, compliance with varying international standards adds to the complexity, potentially hindering market expansion.

Computed Tomography (CT) Market Segmentation

By Type

Diagnostic Centers: Diagnostic centers play a crucial role in the CT market, offering specialized imaging services. They cater to outpatient needs and often house advanced CT equipment to provide high-quality diagnostic services. The demand for CT scans in diagnostic centers is driven by the increasing need for early disease detection and monitoring.
Hospitals: Hospitals are the primary end-users of CT scanners, accounting for a significant market share. They utilize CT imaging for a wide range of applications, including emergency diagnostics, surgical planning, and monitoring treatment efficacy. The integration of CT scanners in hospitals enhances patient care by providing rapid and accurate diagnostic information.
Others: This category includes ambulatory surgery centers and research institutions. Ambulatory centers use CT imaging for preoperative assessments, while research institutions employ CT scanners for clinical studies and technological advancements. The versatility of CT imaging extends its applications beyond traditional healthcare settings.

By Application

Cardiovascular: CT imaging is instrumental in diagnosing cardiovascular diseases, enabling visualization of blood vessels and heart structures. It aids in detecting conditions like coronary artery disease and aneurysms, facilitating timely interventions.
Oncology: In oncology, CT scans are vital for tumor detection, staging, and monitoring treatment response. They provide detailed images of internal organs, assisting in precise treatment planning.
Neurovascular: CT imaging of the brain and spinal cord helps diagnose conditions such as strokes, aneurysms, and traumatic injuries. It is essential for rapid assessment in emergency situations.
Abdomen & Pelvic: CT scans of the abdomen and pelvis are used to detect abnormalities in organs like the liver, kidneys, and reproductive organs. They assist in diagnosing infections, cancers, and inflammatory diseases.
Pulmonary Angiogram: CT pulmonary angiography is the gold standard for diagnosing pulmonary embolism. It provides detailed images of the pulmonary arteries, aiding in prompt treatment decisions.
Spinal: CT imaging of the spine helps detect fractures, herniated discs, and spinal stenosis. It is crucial for surgical planning and assessing spinal injuries.
Musculoskeletal: CT scans are used to evaluate bone and joint conditions, including fractures, tumors, and infections. They offer high-resolution images, aiding in accurate diagnosis and treatment planning.

Computed Tomography (CT) Market Regional Outlook

North America

North America holds a significant share of the CT market, driven by advanced healthcare infrastructure and high adoption of innovative technologies. The U.S. market alone was valued at USD 1.40 billion in 2024, with expectations to reach USD 2.76 billion by 2034. The region's focus on early disease detection and personalized medicine contributes to the growing demand for CT imaging.

Europe

Europe is a prominent player in the CT market, with countries like Germany, the U.K., and France leading in adoption. The region emphasizes technological advancements and regulatory compliance, fostering innovation in CT imaging. Initiatives to modernize healthcare systems and improve diagnostic capabilities are propelling market growth.

Asia-Pacific

The Asia-Pacific region is poised for significant growth, attributed to increasing healthcare investments and rising awareness of early disease detection. Countries like China and India are expanding their healthcare infrastructure, leading to higher adoption of CT scanners. The region's large population base and growing prevalence of chronic diseases further drive market demand.

Middle East & Africa

The Middle East & Africa region is gradually embracing CT imaging technologies, driven by improving healthcare infrastructure and government initiatives. In countries like the UAE and South Africa, investments in healthcare modernization are enabling the installation of advanced CT systems. In 2023, over 400 new CT scanners were installed across the Middle East and Africa region. Mobile and compact CT units are increasingly used in remote and underserved regions, expanding accessibility and supporting improved diagnostic outcomes.

List of Top Computed Tomography (CT) Market Companies

GE Healthcare
Siemens Healthcare
Philips
Canon
Shimadzu
Hitachi
NeuroLogica
Neusoft Medical
United ImagingTop of Form

Top Two Companies with Highest Market Shares

GE Healthcare: GE Healthcare is a leading player in the CT market, with a strong portfolio of scanners such as the Revolution™ CT and Optima™ series. As of 2023, GE Healthcare held approximately 17.3% market share globally. The company’s commitment to AI integration and low-dose imaging solutions positions it at the forefront of the industry.
Siemens Healthineers: Siemens leads with advanced technologies, including the SOMATOM Force and the NAEOTOM Alpha— the world’s first photon-counting CT scanner approved by the FDA. Siemens held a 16.8% global market share in 2023, making it a close competitor to GE. Their focus on clinical accuracy, speed, and patient safety underpins their market leadership.

Investment Analysis and Opportunities

Global investment in CT technologies is accelerating, driven by government funding, private equity, and public-private partnerships. In 2023 alone, over 1,200 hospitals globally reported capital investments in imaging infrastructure, including CT equipment. In Asia-Pacific, particularly China and India, public hospitals have increased imaging budgets by 15–20%, focusing on improving diagnostic capacity. The Indian Ministry of Health announced the deployment of 300 new CT scanners in Tier 2 and Tier 3 cities in 2024. Similarly, China’s healthcare reform plan under ""Healthy China 2030"" earmarked over USD 2.5 billion for advanced imaging diagnostics. In Europe, the European Union's Horizon Health Investment Program allocated EUR 450 million for radiology equipment modernization between 2023 and 2025, prioritizing AI-integrated imaging tools. Germany led this initiative by investing in over 160 new high-speed CT units for public hospitals in 2023. North American investments are focused on personalized and precision medicine. In 2024, over 25 academic hospitals in the U.S. invested collectively more than USD 500 million in advanced diagnostic imaging centers, integrating multi-slice CT systems with radiomics and AI platforms. Additionally, venture capital firms are heavily funding AI imaging startups. For instance, Aidoc, an AI-driven imaging startup, secured USD 110 million in Series D funding in 2024, planning deeper integration with CT systems. Emerging economies such as Brazil and South Africa are also increasing investments via World Bank and WHO-backed programs, aiming to reduce diagnostic delays by 30% through digital and portable CT implementation. The opportunities also extend to the refurbishment segment. Global refurbishment of CT scanners saw a 9.6% rise in 2023, especially in Latin America and Eastern Europe, offering cost-effective solutions for budget-limited institutions. These investments and opportunities signal a robust and expanding market, with continued emphasis on accessibility, accuracy, and affordability of CT imaging.

New Product Development

Manufacturers are aggressively developing new CT scanner models that enhance image quality, reduce scan times, and minimize radiation exposure. In 2023, Siemens Healthineers launched the SOMATOM Pro.Pulse, a compact yet high-performance CT designed for outpatient centers. It features AI-enabled dose optimization and rapid scan protocols suitable for cardiac and pediatric imaging. Within the first six months of release, over 600 units were installed globally. GE Healthcare introduced the Revolution Apex Platform in Q2 2024, which offers scalable detector configurations (128 to 640 slices) and deep learning image reconstruction. This system reduced average scan time by 42% and decreased contrast usage by 15%, benefiting both workflow and patient safety. Canon Medical released the Aquilion Serve in 2023, which includes a unique 0.25-second rotation speed and intelligent motion correction, ideal for emergency and trauma imaging. Canon reported a 20% rise in unit sales in Asia-Pacific post-launch. Philips launched Incisive CT with IntelliSpace AI Workflow Suite in early 2024. This solution enables real-time triage and automated reporting, reducing radiologist workload by 30%. The scanner also uses adaptive dose modulation, decreasing average radiation exposure by 25%. Neusoft Medical debuted its NeuViz Epoch, a 256-slice CT scanner offering high temporal resolution imaging for cardiovascular and neurovascular applications. Its smart metal artifact reduction (SMAR) algorithm received praise for producing clean images even with implants or stents. Across these product developments, manufacturers are heavily integrating AI, smart reconstruction software, and patient-centric innovations like noise reduction and positioning aids. These features help address growing demands for faster throughput, improved accuracy, and lower healthcare-associated risks.

Five Recent Developments

FDA Clearance of Photon-Counting CT: In Q4 2023, Siemens received extended FDA clearance for its NAEOTOM Alpha, allowing expanded clinical applications including musculoskeletal and pediatric imaging.
GE Healthcare and NVIDIA Partnership (2024): GE announced a collaboration with NVIDIA to enhance AI-powered image reconstruction in CT systems, aiming for 3× faster post-processing times.
Canon Launch of Aquilion Exceed LB (2024): Canon unveiled a wide-bore CT scanner with AI-integrated image processing, targeting oncology and bariatric applications. Over 350 units shipped within the first quarter of launch.
Philips Launch of Virtual Imaging Training Hub (2023): Philips introduced a remote training program for radiologists and technicians using VR-based modules for CT systems, targeting a 20% improvement in equipment proficiency.
United Imaging Installation Milestone: In 2023, United Imaging installed its 10,000th uCT system globally, including large deployments in Latin America and Southeast Asia, highlighting its rapid international expansion.

Report Coverage of Computed Tomography (CT) Market

This report offers comprehensive coverage of the global computed tomography (CT) market, examining key trends, technological advancements, and strategic developments shaping the industry. It evaluates market dynamics including drivers, restraints, opportunities, and challenges that influence the adoption and implementation of CT technologies across various medical domains. The report segments the market by type (diagnostic centers, hospitals, others) and by application (cardiovascular, oncology, neurovascular, abdomen & pelvic, pulmonary angiogram, spinal, musculoskeletal), offering a granular view of usage patterns. It further investigates the market's performance across major regions including North America, Europe, Asia-Pacific, and Middle East & Africa, highlighting specific country-level insights, installation figures, and usage growth. It provides detailed company profiling for major players like GE Healthcare, Siemens Healthineers, Philips, Canon, and others, analyzing their product portfolios, recent innovations, and strategic investments. The investment landscape is reviewed thoroughly, exploring both public and private sector funding activities, M&A trends, and startup growth within the AI imaging space. The scope also includes an overview of new product launches, technological breakthroughs like photon-counting CT and AI-driven scanners, and the expanding role of mobile and compact imaging units. Furthermore, the report incorporates recent market developments, certification updates, and digital health integrations that impact CT scanner deployment and operation. In conclusion, this comprehensive report serves as a valuable reference for stakeholders, industry professionals, investors, and policymakers aiming to understand and navigate the evolving CT market landscape with high precision and factual insights.