We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

Features Partner Sites Information LinkXpress
Sign In
Advertise with Us

Download Mobile App





Demand for COVID-19 Diagnosis to Help Point of Care CT Imaging Market Reach USD 276.9 Million by 2027

By HospiMedica International staff writers
Posted on 26 Nov 2020
Print article
Illustration
Illustration
The global point of care (PoC) Computed Tomography (CT) imaging market was valued at USD 184.4 million in 2019 and is expected to expand at a CAGR of 5.2% from 2020 to 2027 to reach USD 276.9 million by 2027, driven by the growing prevalence of neurological conditions and increasing burden of COVID-19 diagnosis.

These are the latest findings of Grand View Research, Inc. (San Francisco, CA, USA), a global market research publishing & management consulting firm.

PoC imaging provides instant diagnosis and treatment, thus helping in reducing the number of visits to medical settings. The effectiveness of PoC CT imaging in providing prompt results is expected to drive the demand for these systems in the coming years. The growing prevalence of neurological conditions, including traumatic brain injury and brain tumor, is expected to drive the growth of the PoC CT imaging market. Additionally, the increasing burden due to COVID-19 is leading people to opt for PoC CT imaging to identify the problem. As the demand for the PoC CT imaging is increasing, outpatient settings such as Ambulatory Surgery Centers (ASCs), hospitals, and clinics are widely installing the devices.

Patients seeking PoC diagnostic devices prefer outpatient settings over the hospital to avoid long wait time and extra hospital-associated expenses. Therefore, market players are expected to provide PoC CT imaging in these settings are developing compact devices that can be easily accommodated and accessed. Many players are adding mobility as well to the compact devices so that these devices can be carried to different departments and locations, especially, where the need for COVID-19 diagnosis is high. Market players are also forming strategic alliances with various distributors to provide advanced PoC CT imaging devices for COVID-19 diagnosis.

A large number of clinical trial studies are being conducted on PoC CT imaging devices to understand their effectiveness and efficiency in diagnosing various diseases. Many research centers and institutes are, therefore are installing PoC CT devices for conducting studies. Furthermore, market players are forming alliances to enhance their knowledge of PoC CT imaging by support educational groups at research institutions.

On the basis of product, the full-sized PoC CT scanners segment held the largest share of the PoC CT imaging market in 2019 due to the presence of a large patient pool and the development of weight-bearing CT scanners. However, the compact PoC CT scanners segment is expected to drive the PoC CT imaging market during the forecast period due to the growing pandemic situation and increasing adoption of CT imaging in outpatient settings.

By application, the neurology segment held the largest share of the PoC CT imaging market in 2019 owing to the increasing number of neurological disorder cases. However, the respiratory segment is expected to grow at the fastest rate during the forecast period due to the increasing respiratory problems faced during the pandemic and growing demand for early diagnosis due to COVID-19.

Based on end-use, the hospital segment held the largest revenue share of the PoC CT imaging market in 2019 owing to the increasing installation of advanced PoC CT imaging devices for enhanced diagnosis. However, the ambulatory surgery centers (ASCs) segment is expected to grow at the fastest rate during the forecast period due to the easy availability of PoC CT imaging in these centers at affordable prices.

Geographically, North America dominated the global PoC CT imaging market in 2019 and accounted for the largest revenue share owing to the rising adoption of advanced testing devices and the presence of major market players in the region. However, the Asia Pacific market is expected to grow at the fastest rate during the forecast period mainly due to increasing strategic alliances between players and distributors to provide PoC CT imaging in the region.

Related Links:
Grand View Research, Inc.

Gold Member
Real-Time Diagnostics Onscreen Viewer
GEMweb Live
Gold Member
Disposable Protective Suit For Medical Use
Disposable Protective Suit For Medical Use
Silver Member
Wireless Mobile ECG Recorder
NR-1207-3/NR-1207-E
New
Vibrating Mesh Nebulizer
Aerogen Solo

Print article

Channels

Critical Care

view channel
Image: The permeable wearable electronics developed for long-term biosignal monitoring (Photo courtesy of CityUHK)

Super Permeable Wearable Electronics Enable Long-Term Biosignal Monitoring

Wearable electronics have become integral to enhancing health and fitness by offering continuous tracking of physiological signals over extended periods. This monitoring is crucial for understanding an... Read more

Surgical Techniques

view channel
Image: NTT and Olympus have begun the world\'s first joint demonstration experiment of a cloud endoscopy system (Photo courtesy of Olympus)

Cloud Endoscopy System Enables Real-Time Image Processing on the Cloud

Endoscopes, which are flexible tubes inserted into the body's natural openings for internal examination and biopsy collection, are becoming increasingly vital in medical diagnostics. Their minimal invasiveness... Read more

Patient Care

view channel
Image: The newly-launched solution can transform operating room scheduling and boost utilization rates (Photo courtesy of Fujitsu)

Surgical Capacity Optimization Solution Helps Hospitals Boost OR Utilization

An innovative solution has the capability to transform surgical capacity utilization by targeting the root cause of surgical block time inefficiencies. Fujitsu Limited’s (Tokyo, Japan) Surgical Capacity... Read more

Health IT

view channel
Image: First ever institution-specific model provides significant performance advantage over current population-derived models (Photo courtesy of Mount Sinai)

Machine Learning Model Improves Mortality Risk Prediction for Cardiac Surgery Patients

Machine learning algorithms have been deployed to create predictive models in various medical fields, with some demonstrating improved outcomes compared to their standard-of-care counterparts.... Read more

Point of Care

view channel
Image: The PATHFAST hs-cTnI-II high-sensitivity troponin assay has been developed for the PATHFAST Biomarker Analyzer (Photo courtesy of Polymedco)

POC Myocardial Infarction Test Delivers Results in 17 Minutes

Chest pain is the second leading cause of emergency department (ED) visits by adults in the United States, generating over 7 million visits annually. In the event of a suspected heart attack, physicians... Read more
Copyright © 2000-2024 Globetech Media. All rights reserved.