The computed tomography (CT) market in the Asia-Pacific (APAC) region is anticipated to grow at a compound annual growth rate (CAGR) exceeding 3% in market value between 2023 and 2033. Among the CT market segments, 64-slice CT systems are expected to contribute the most to this growth, with a projected CAGR of over 4% during the same timeframe, according to GlobalData, a leading data and analytics company.
GlobalData’s Computed Tomography (CT) Systems Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033 report reveals that APAC's government-driven price management and reimbursement policies, coupled with healthcare budget increases, are expected to drive significant growth in the CT systems market, particularly in China, due to growing ageing populations and rising chronic disease prevalence.
The key drivers of the market growth include technological advancements, a rising geriatric population, and an increase in chronic diseases. The affordability and safety of noninvasive CT scans, compared to invasive procedures, will further contribute to the widespread adoption of CT imaging. These systems play a significant role in managing cardiovascular, circulatory, and inflammatory diseases, and are becoming central to image-guided interventions.
The APAC region presents opportunities and challenges for the CT market. Trends regarding the government-driven price management and reimbursement policies in APAC are bolstering demand. Several countries in the region are experiencing a rise in the number of diagnostic centres and hospitals, contributing to the market's growth. However, disparities in healthcare infrastructure and economic stability across nations can hinder this growth. High costs associated with CT system development and regulatory complexities remain barriers.
Despite these challenges, manufacturers are focusing on creating faster, more precise CT systems to meet the growing demand. The push for cost-effective and high-resolution imaging solutions continues to drive adoption. The APAC region, which is characterised by an increasing prevalence of chronic diseases and commitment to improving healthcare systems in some parts of the region, is expected to remain a key growth area for CT technology in the coming years.
"APAC computed tomography market set to grow at 3% CAGR through 2033" was originally created and published by Medical Device Network , a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
