DOTmed August 30, 2023
Against the turbulent backdrop of high inflation and sporadic economic recovery, the global CT market’s growth was more subdued in 2022 than in the mid-pandemic market of the previous year. Despite this, total sales of CT equipment surpassed $6 billion in 2022, and recent projections from Signify Research give cause for optimism over our 5-year forecast period and beyond. Burgeoning appetite for modern diagnostic imaging capabilities in emerging markets, the fundamental need for advanced procedures to deliver clinical precision in mature markets, and advancements in AI reconstruction and workflow optimisation tools will propel an estimated global revenue CAGR of 6.7% between 2022 and 2027.
The medium-term outlook has its blemishes, however. Workforce shortages and dampened economic conditions could disrupt replacement...