Healthcare Scanner Market size is estimated to be $41.7 billion in 2019, growing at a CAGR of 6.2% during the forecast period 2020-2025. Healthcare Scanners are technology which is used to provide visual representation of internal parts of a human body. The medical imaging further helps the medical professional to diagnose the level of disease and then treat the patient. The most common type of image scanners are – Computed Tomography (CT) are used to produce 2D images and diagnose any injury or disease like bone injury, head injury, tumors, blood clot and so on. Magnetic Resonance Imaging (MRI) can produce both 2D and 3D images and are used to diagnose problem related to soft tissues like- ligaments, nerves and muscles, Positron Emission Tomography (PET) used to diagnose the initial levels of a disease by testing the functioning of organs and tissue with the help of a radioactive dye which detects in presence of gamma rays. It is used to detect cancer, brain disorders and cardiac diseases, X-Ray is a very old diagnostic technique used for imaging any part of the body, Bone Densitometry (DEXA) used to diagnose the osteoporosis level and Ultrasound uses high frequency sound waves for imaging of different parts of the body. With the revolution in technology medical scanners are now able to produce 3D visualization which helps in better diagnosis of the human body. Moreover, people have started demanding for early detection of disease which is a major driver for the scanner market.
Healthcare Scanner Market Segment Analysis – By Product Type
By Type, the Healthcare Scanner Market is segmented into different scanner types- Computed Tomography, Magnetic Resonance Imaging (MRI), Positron Emission Tomography PET, X-Ray, Ultrasound and DEXA. Scanner is used to capture images of the internal parts of the patient body for diagnosis purpose. With advancement in technology now CT scanners are able to produce multiple slices of the image which means per rotation depending on the slice type it can produce that much images. CT scan comes in various slice types ranging from 1-256. CT scans are also expected to grow with the fastest CAGR of 6.9% during the forecast period of 2020-2025. For angiography 64slice CT scan is preferred due to high speed of scanning and high resolution of picture captured helps in better diagnosis. CT scan uses X rays to capture the internal images of any part of the body. MRI scans uses magnetic field and is of two types closed and open. The closed MRI scans are the most traditional ones where inside a capsule the patient lies and magnetic presence results in image capturing through radio waves. Now open MRI scans have been introduced owing to the rising concerns from many patients as they feel claustrophobic inside the closed capsule and some feel uncomfortable owing to their huge body. But higher images are captured while taking images from the closed MRI it is always preferred as a better technique. Ultrasound is not only used for pregnancy it is also used to detect digestive diseases, thyroid levels, tumor and cyst in gallbladder, liver cancer and other related problems. Earlier ultrasound used to provide only 2D images but now with advancement 3D and 4D images are also available. 3D images provide different positioning’s of the image and 4D is able to give a moving motion picture look of different images. PET is used to detect the initial levels of the disease even when it has not started to show symptoms with the help of radioactive dye it provides images while coming in contact with gamma rays. And likewise, X ray is used to scan the body under strong radiations to detect the problem and DEXA is used to check the level of bone density and the chances of osteoporosis.
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Healthcare Scanner Market Segment Analysis – By End-User
By End User, the Healthcare Scanner Market is segmented into Multispecialty Hospitals, Research and Development and Industries. Multispecialty hospitals generally deal with surgery and diagnosis owing to which scanning equipment’s are available here. Moreover many diagnostic centers are available to general public and hospitals that lack diagnosis takes x-ray reports from these centers and then start treatment according to it. Also for clinical trials on human during the discovery of new vaccines or new drug formulation research and development requires scanning equipment’s in order to study the pictures generated from it. In addition, to medical usage scanner devices usage have also increased towards Industrial usage where X-Ray CT scan finds its application in metrology, food sciences, geoscience, virtual testing of auto motives and others.
Healthcare Scanner Market Segment Analysis – Geography
North America dominates the Healthcare Scanner Market with a region share of more than 36% in 2019 followed by Europe and APAC. Rising geriatric population has resulted in high demand for early diagnosis of disease as with growing age many undetected diseases results into chronic illness and ultimately death. Moreover with upcoming of new technologies and rising demand for health insurance and government providing funds to improve healthcare facilities is potentially boosting the Asia-Pacific for Healthcare Scanner Market to grow for the forecast period 2019-2025.
Healthcare Scanner Market Drivers
Rising patient population suffering from chronic illness
As geriatric population is increasing more age related chronic illness are rising leading to heart problems, lung problems, bone related issues and neural problem are majorly driving the Healthcare Scanner Market to grow. As doctors recommend diagnosis before the actual start of the treatment for that different scanning devices are used depending upon the health problem and the image captured through scan is then studied to detect the problem. Most common scanning techniques used are CT, MRI and X-Rays. But with change in lifestyle habits and owing to many genetic reasons different types of cancer cases are increasing every year globally which have also increased the advance technology usage PET, diagnose the problem before its actual start widely used to detect cancer.
Technological Advancement in Healthcare Scanner Market
Technology advancement is driving the Healthcare Scanner Market during the forecast period 2020-2025. The scanner devices provide images for further diagnosis. The advancement in technology is making scanners fast and multifunctional by providing 3D and 4D images. For instance, CT scanners earlier used to provide one image during one rotation but now CT scans are made faster and in one rotation can provide up to 256 images owing to the rising concern towards old generation as they face problem lying inside the scanner for long. Likewise for MRI scans now open MRI scans are available and for Ultrasound earlier 2D imaging was performed now 3D and 4D imagining is available.
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Healthcare Scanner Market Challenges
High cost and maintenance
High cost is involved while purchasing scanner devices and also requires sophisticated maintenance as the device plays a major role during the diagnosis of a disease. In order to avail its proper functioning higher costs are involved which is a major challenge to the Healthcare Scanner Market.
Healthcare Scanner Market Industry Outlook
Product Launches, Merger & Acquisition, joint ventures and R&D activities are key strategies adopted by the players in Medical & Pharmaceutical Gases and Equipment Market. Medical & Pharmaceutical Gases and Equipment Market top 10 companies are GE Healthcare, Siemens Healthineers, Philips, Canon Medical Systems, Fujifilm holding Corporation, Hitachi Ltd, Esaote, Carestream, Toshiba, Samsung Medison.
August 2020: Siemens Healthineer part of Simens AG, a German conglomerate deals in making medical technology, recently launched SOMATON Onsite, CT Scanner which is mobile and helps in performing head Scan near the ill patient bedside in the ICUs.
November 2017: Philips is a Dutch multinational company, launched IQon Spectral based CT scan. The launch was an innovative strategy as this first ever Spectral detector CT will help to treat emergency trauma and oncology patients.
CT scan accounted for the major market share in 2019, whereas MRI, X-Ray, Ultrasound and the advanced scanner PET that are used for oncology diagnosis and expected to witness substantial growth.
The Scanner Market application is in the diagnosis of various chronic illnesses, gynecology, oncology and others.
Multispecialty Hospitals accounted for the largest market share in 2019 owing to the increasing number of patient population with chronic illness.
North America dominates the Healthcare Scanner Market followed by Europe and Asia-Pacific, which is a potential market as increasing government funding towards healthcare facility improvement and rising patient population along with inflow of new technology in the Scanner market.
Related Reports :
A. Magnetic Resonance Imaging Systems Market
B. Positron Emission Tomography Market
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Email: [email protected]
Phone: (+1) 970-236-3677