64-slice CT systems are expected to drive the largest market share growth.
GlobalData said it expects the Asia Pacific (APAC) computed tomography (CT) market to grow at a compound annual growth rate (CAGR) of more than 3% by 2033.
64-slice CT systems are expected to drive the largest market share growth, with a compound annual growth rate expected to exceed 4% during the same period.
The industry's expansion, especially in China, is attributed to government-driven price management and reimbursement policies, as well as increasing healthcare budgets due to an aging population and rising chronic diseases.
However, differences in the region's medical infrastructure and economic stability could hinder progress, said Thomas Fleming, a medical analyst at GlobalData.
“The high costs and regulatory complexities associated with CT system development remain obstacles,” Fleming said.
At the same time, manufacturers are working to develop faster, more precise systems to meet the growing demand for advanced imaging solutions.
“The push for cost-effective and high-resolution imaging solutions continues to drive adoption,” the analyst added.
