In South America, the CT market is increasing primarily due to increasing incidence of cancer and other chronic illnesses. Moreover, the geriatric population in also increasing in South America. As the geriatric population is prone to more illnesses, which is expected to increase the prevalence of chronic illnesses in South America. In addition, the technological advancements have also made CT technologies more safer, which have increased their adoption rate in the region. Hence all these factors have helped the growth of CT market in the South American region.
Key Market Trends
Application in Cardiology Segment is Expected to Account for Largest Market Share during the Forecast Period
Modern CT use a noninvasive procedure that uses X-rays to make images of the heart. Modern CT scanners, or multidetector CT, or MDCT are quick and detailed. These advanced MDCT are capable of taking images of the beating heart, and show calcium and blockages in the heart arteries. Further MDCT are used to gather additional information on the heart’s structure and how well heart pumps blood, fluid in the pericardial sac that covers the surface of the heart, the amount of plaque buildup and narrowing of your coronary arteries and any abnormalities in the large blood vessels.
As per the World Aging Population 2017 report by the United Nations, the population in many of the South American countries is aging. Geriatric population is more prone towards chronic illnesses, especially cardiac disorders. Hence, the demand for CT for diagnosis of cardiac disorders is expected to increase in the future. This will help the market growth in the region.
Competitive Landscape
The computed tomography (CT) market is a consolidated market, owing to the presence of a few major players in the market. Most of the market players are focusing on bringing technologically advanced products in the market to acquire the maximum market share.
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This product will be delivered within 2 business days.
Key Market Trends
Application in Cardiology Segment is Expected to Account for Largest Market Share during the Forecast Period
Modern CT use a noninvasive procedure that uses X-rays to make images of the heart. Modern CT scanners, or multidetector CT, or MDCT are quick and detailed. These advanced MDCT are capable of taking images of the beating heart, and show calcium and blockages in the heart arteries. Further MDCT are used to gather additional information on the heart’s structure and how well heart pumps blood, fluid in the pericardial sac that covers the surface of the heart, the amount of plaque buildup and narrowing of your coronary arteries and any abnormalities in the large blood vessels.
As per the World Aging Population 2017 report by the United Nations, the population in many of the South American countries is aging. Geriatric population is more prone towards chronic illnesses, especially cardiac disorders. Hence, the demand for CT for diagnosis of cardiac disorders is expected to increase in the future. This will help the market growth in the region.
Competitive Landscape
The computed tomography (CT) market is a consolidated market, owing to the presence of a few major players in the market. Most of the market players are focusing on bringing technologically advanced products in the market to acquire the maximum market share.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format.
- 3 months of analyst support.
This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned
A selection of companies mentioned in this report includes:
- Canon Medical Systems Corporation
- Fujifilm Holdings Corporation
- GE Healthcare
- Hitachi Healthcare Systems
- Koninklijke Philips NV
- NeuroLogica Corporation
- Neusoft Medical Systems Co. Ltd
- Shenzhen Anke High-Tech Co
- Siemens Healthineers
Methodology
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