Market Forecast By Type (Stationary CT scanners, Portable CT scanners), By Device Architecture (C-arm CT Scanners, O-arm CT Scanners), By Technology (High-slice CT, Mid-slice CT, Low-slice CT, Cone-beam CT), By Application (Human Application, Diagnostic Applications, Cardiology Applications, Oncology Applications, Neurology Applications, Intraoperative Applications, Veterinary Application, Research Application) And Competitive Landscape
|Product Code: ETC362784
|Publication Date: Aug 2023
|Updated Date: Feb 2024
|Product Type: Market Research Report
|No. of Pages: 75
|No. of Figures: 35
|No. of Tables: 20
India Ct Scanners Market registered a decline of -20.49% in value shipments in 2022 as compared to 2021 and an increase of 13.55% CAGR in 2022 over a period of 2017. In Ct Scanners Market India is becoming more competitive as the HHI index in 2022 was 2264 while in 2017 it was 2408. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Ct Scanners Market.
|India CT Scanners Market
The India CT Scanners Market Report thoroughly covers the market by type, device architecture, technology, and application. The India CT Scanners Market Outlook report provides an unbiased and detailed analysis of the ongoing India CT Scanners Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
India CT scanner market is set to experience significant growth in the coming years. The increase in demand for CT Scanners in medical facilities and the introduction of innovative and portable CT Scanners will play a crucial role. The government's initiative to increase public spending on healthcare services and improve healthcare access for its citizens will provide opportunities for growth and further innovation in the industry.
According to 6Wresearch, the India CT Scanners Market size is anticipated to rise at a CAGR of 7%% during 2024-2030. One of the key factors driving the growth of India's CT scanner market is the increase in the number of medical cases that require a CT scan. The incidence of cancer, neurological disorders, and cardiovascular diseases are increasing, fueling the demand for CT Scanners. Another factor driving growth is the increasing adoption of portable and lightweight CT Scanners, which are highly beneficial in rural areas with poor infrastructure.
Despite the growth predictions, India's CT scanner market is not without challenges. The high cost of CT Scanners and a lack of trained professionals to operate them remains a significant challenge. The lack of reimbursement facilities and limited access to CT Scanners in areas outside major cities makes it difficult for patients in rural areas to receive healthcare services that require CT scans.
Several key players dominate the CT scanner market in India, including GE Healthcare, Philips Healthcare, Siemens Healthineers, and Toshiba Medical Systems Corporation. These companies have been successful in introducing advanced and innovative CT Scanners, which have boosted their revenues.
The Indian government has implemented several initiatives to improve healthcare access for its citizens, including an increase in public spending on healthcare services. The government's Ayushman Bharat scheme aims to provide coverage for secondary and tertiary care hospitalization to more than 100 million poor and vulnerable families.
The future of the CT Scanners market in India looks extremely promising due to various factors including high demand for advanced healthcare facilities, increasing prevalence of chronic diseases, rapid technological advancements, and rising medical tourism in the country. With the continuing growth of the healthcare sector and increasing government support, it is expected that the CT Scanners market in India will continue to expand significantly in the coming years.
According to Kapil, Senior Research Analyst, 6Wresearch, portable CT Scanners are gaining popularity due to their benefits. These scanners are easy to transport and can be moved as per requirement. They require less space to operate and have lower power consumption, making them great for small hospitals, clinics, or mobile healthcare providers.
This type of scanner is becoming very popular in the India CT Scanners market. The primary reason for this is that they are compact and can be used in small hospitals and clinics.
The report provides a detailed analysis of the following market segments:
|1 Executive Summary
|2.1 Key Highlights of the Report
|2.2 Report Description
|2.3 Market Scope & Segmentation
|2.4 Research Methodology
|3 India CT Scanners Market Overview
|3.1 India Country Macro Economic Indicators
|3.2 India CT Scanners Market Revenues & Volume, 2020 & 2030F
|3.3 India CT Scanners Market - Industry Life Cycle
|3.4 India CT Scanners Market - Porter's Five Forces
|3.5 India CT Scanners Market Revenues & Volume Share, By Type, 2020 & 2030F
|3.6 India CT Scanners Market Revenues & Volume Share, By Device Architecture, 2020 & 2030F
|3.7 India CT Scanners Market Revenues & Volume Share, By Technology, 2020 & 2030F
|3.8 India CT Scanners Market Revenues & Volume Share, By Application, 2020 & 2030F
|4 India CT Scanners Market Dynamics
|4.1 Impact Analysis
|4.2 Market Drivers
|4.3 Market Restraints
|5 India CT Scanners Market Trends
|6 India CT Scanners Market Segmentations
|6.1 India CT Scanners Market, By Type
|6.1.1 Overview and Analysis
|6.1.2 India CT Scanners Market Revenues & Volume, By Stationary CT Scanners, 2020-2030F
|6.1.4 India CT Scanners Market Revenues & Volume, By Portable CT Scanners, 2020-2030F
|6.2 India CT Scanners Market, By Device Architecture
|6.2.1 Overview and Analysis
|6.2.2 India CT Scanners Market Revenues & Volume, By C-arm CT Scanners, 2020-2030F
|6.2.3 India CT Scanners Market Revenues & Volume, By O-arm CT Scanners, 2020-2030F
|6.3 India CT Scanners Market, By Technology
|6.3.1 Overview and Analysis
|6.3.2 India CT Scanners Market Revenues & Volume, By High-slice CT, 2020-2030F
|6.3.3 India CT Scanners Market Revenues & Volume, By Mid-slice CT, 2020-2030F
|6.3.4 India CT Scanners Market Revenues & Volume, By Low-slice CT, 2020-2030F
|6.3.5 India CT Scanners Market Revenues & Volume, By Cone-beam CT, 2020-2030F
|6.4 India CT Scanners Market, By Application
|6.4.1 Overview and Analysis
|6.4.2 India CT Scanners Market Revenues & Volume, By Human Application, 2020-2030F
|6.4.3 India CT Scanners Market Revenues & Volume, By Diagnostic Applications, 2020-2030F
|6.4.4 India CT Scanners Market Revenues & Volume, By Cardiology Applications, 2020-2030F
|6.4.5 India CT Scanners Market Revenues & Volume, By Oncology Applications, 2020-2030F
|6.4.6 India CT Scanners Market Revenues & Volume, By Neurology Applications, 2020-2030F
|6.4.7 India CT Scanners Market Revenues & Volume, By Intraoperative Applications, 2020-2030F
|6.4.8 India CT Scanners Market Revenues & Volume, By Research Application, 2020-2030F
|6.4.9 India CT Scanners Market Revenues & Volume, By Research Application, 2020-2030F
|7 India CT Scanners Market Import-Export Trade Statistics
|7.1 India CT Scanners Market Export to Major Countries
|7.2 India CT Scanners Market Imports from Major Countries
|8 India CT Scanners Market Key Performance Indicators
|9 India CT Scanners Market - Opportunity Assessment
|9.1 India CT Scanners Market Opportunity Assessment, By Type, 2020 & 2030F
|9.2 India CT Scanners Market Opportunity Assessment, By Device Architecture, 2020 & 2030F
|9.3 India CT Scanners Market Opportunity Assessment, By Technology, 2020 & 2030F
|9.4 India CT Scanners Market Opportunity Assessment, By Application, 2020 & 2030F
|10 India CT Scanners Market - Competitive Landscape
|10.1 India CT Scanners Market Revenue Share, By Companies, 2023
|10.2 India CT Scanners Market Competitive Benchmarking, By Operating and Technical Parameters
|11 Company Profiles