Rising Cancer Incidence Driving Computed Tomography Market
The rising prevalence of chronic diseases and continuous developments in technology will be responsible for the significant growth in the computed tomography (CT) market in the years to come. A CT scanner fires conventional X-ray beams into the patient’s body from different angles and then uses a computer to present a cross-sectional view of the interior anatomy, by combining all the images. Today, CT is being widely used for seeing tissues, bones, nerves, blood vessels, and organs for tumors, clots, bleeds, inflammation, and tissue injury.
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Every year, 17.9 million people die of heart diseases and 9.6 million of cancer, says the World Health Organization (WHO). The key to treating these and other chronic diseases is effective diagnosis, and this awareness has led to numerous advancements in the medical technology. For the most part of the 20th century, doctors relied on blood tests and conventional X-ray for disease diagnosis, but the results were not always reliable. In 1972, the advent of the CT technology forever changed the world of medical imaging.
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On the basis of slice type, the computed tomography market is divided into low slice, mid slice, and high slice. Slice refers to the number of thin planes the body can be cut into by a CT system. In this regard, the slices of the body are similar to the slices of a loaf of bread. During the forecast period, the high slice division will witness the highest CAGR. Such systems, which can break the body into anywhere between 64 to 256 slices, offer more images per rotation of the gantry.
Presently, North America is the largest contributor to the computed tomography market, majorly because of the high prevalence of chronic diseases. Six in 10 people in the U.S. have at least one chronic disease, says the Centers for Disease Control and Prevention (CDC). Additionally, chronic diseases are the leading contributor to the region’s mortality and morbidity burden, and they are also responsible for the increasing healthcare spending here. Moreover, the continent has an advanced healthcare infrastructure, which has resulted in the availability of highly efficient CT scanners.
Therefore, with more people suffering from chronic diseases, the demand for CT systems at hospitals and diagnostic centers will keep increasing.
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