Canada CT Scanners Market to be Dominated by C-arm CT Scanner Through 2028
The growing
demand for better diagnosis is expected to drive the growth of Canada CT
Scanners market in the forecast period, 2024-2028.
According
to TechSci Research report, “Canada CT
Scanners Market
- By Region, Competition Forecast and Opportunities, 2018-2028F”, Canada CT Scanners market is anticipated to grow at an impressive rate
in the forecast period, 2024-2028. This can be ascribed to the growing
demand for minimally invasive diagnostic procedures, along with the growing
benefits of CT scans over other imaging modalities across the region. Similarly,
growing demand for early diagnosis of chronic diseases and advancement in
imaging technology, promises to promote wellness by allowing faster and more
accurate diagnoses of medical issues, further propelling the growth of Canada CT
scanners market over the years. Additionally, the growing use of CT scans to assess the
efficacy of post interventional medical treatments will further drive the
growth of Canada CT scanners market during the forecast period.
However, CT scanners are
complex machines that require significant investment in terms of procurement,
installation, maintenance, and training. The high initial and operational costs
make it challenging for smaller healthcare facilities and clinics to afford CT
scanners, limiting their accessibility in certain regions or healthcare
settings, which may hamper the Canada CT scanners market growth during the
forecast period. Similarly, CT scanners can trigger severe side effects,
including cytokine release syndrome (CRS) and neurotoxicity.
Reimbursement policies and
coverage for CT scans can vary across different provinces and healthcare
systems in Canada, hampering the Canada CT scanners market growth during the
forecast period. Also, ensuring an
adequate number of trained personnel and maintaining their expertise can be a challenge,
especially in remote or underserved areas which can further restrict the growth
of Canada CT scanners market.
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Canada CT Scanners market can be segmented by
Slice, Modality, Device Architecture, Application, End Users and Region.
Based
on Device Architecture, Canada CT scanners market can
be divided into O-arm v/s C-arm. The C-arm segment dominated Canada CT scanners
market in 2022 and is expected to continue maintaining its dominance throughout
the forecast period. This can be ascribed to the increase in scanner
operations, increased acceptance of novel solutions, new product introductions
in this category, and their open design and ease of patient accessibility.
Based
on Application, Canada CT scanners market can be segmented into Cardiology, Oncology, Neurology, and Others.
The Oncology segment is expected to dominate Canada CT scanners market during
the forecast period, on account of rising incidence of different cancer types
such as breast, lung, blood, colorectal cancers, and rising demand for
effective scanner solutions for disease prevention at an early stage.
Major
companies operating in Canada CT scanners market are:
- GE
Healthcare Canada Inc
- Philips
Canada Ltd
- Medtronic
of Canada Ltd
- Siemens
Healthcare Diagnostics Ltd/Canada
- Canon
Medical Systems Corp
- Shimadzu Corp
- Fujifilm Medical Co Ltd
- Hitachi Medical Corp
- NeuroLogica
Corp
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“Canada
CT scanners is expected to dominate the market during the forecast period on
account of the presence of a large number of market competitors in the region,
along with the growing prevalence of cancer and other chronic conditions. Similarly,
the introduction of new technology combined with artificial intelligence and
frequent launch of low radiating CT scans, is expected to drive the growth of
the Canada CT scanners market during the forecast period. Also, funds and
regulatory support from government bodies and regulatory agencies will further
propel the growth of Canada CT scanners market during the forecast period. Furthermore,
the high adoption rate of advanced medical imaging devices is the major factor
influencing the growth of the Canada CT scanners market over the years. Besides,
rising local manufacturers and new government approvals, product launches, and
innovations in the existing product are expected to create a lucrative growth
of the Canada CT scanners market during the forecast period” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“Canada CT Scanners Market By Slice
(8-slice, 16-slice, 32-slice, 64-slice, 128-slice & above), By Modality
(Fixed v/s Mobile), By Device Architecture (O-arm v/s C-arm), By Application (Cardiology,
Oncology, Neurology, Others), By End Users (Hospitals, Diagnostic Centers,
Others)and By Region and Competition”, has evaluated
the future growth potential of Canada CT scanners market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Canada CT scanners market.
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