Market Size of Italy Computed Tomography Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 244.97 Million |
Market Size (2029) | USD 321.37 Million |
CAGR (2024 - 2029) | 5.58 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Italy Computed Tomography Market Analysis
The Italy Computed Tomography Market size is estimated at USD 244.97 million in 2024, and is expected to reach USD 321.37 million by 2029, growing at a CAGR of 5.58% during the forecast period (2024-2029).
The emergence of COVID-19 has a significant impact on the market studied in Italy. As computed tomography (CT) is largely being used for the diagnosis of coronavirus infection in the lungs, the demand for chest CT scans raised in the country in the year 2020 and 2021. Several studies have been carried out to understand the efficacy and reliability of CT scans for the diagnosis of COVID-19 in Italy. For instance, as per the research data published by the National Institute of Health in April 2022 titled 'COVID-19 in Italy: Comparison of CT Findings from Time Zero to the Delta Variant,' chest CT played a crucial role in quantifying the severity of COVID-19 and assessing the efficacy along with treatment response in patients. This allowed healthcare professionals across the country to utilize CT scans largely during the COVID-19 pandemic. There are over 21,040,025 total cases of COVID-19 in Italy as of July 2022 and the country ranks 7th in the total number of cases found. Hence, with a large number of COVID-19-affected patients and wide use of CT scans for diagnosis of the same, the market studied is experiencing significant growth.
Some of the major factors driving the market include the increasing geriatric population in Italy along with the rising burden of chronic diseases in the country. For instance, as per the report from Globocan 2020, around 415,269 new cancer cases were detected in Italy. Moreover, diseases such as cardiovascular disease and obesity are on the rise in Italy which is augmenting the growth of the computed tomography market in the country. Additionally, The rising frequency of orthopedic disorders, dental and cardiovascular procedures, and cancer, along with the rising technological improvements and a wider range of applications for the devices, is contributing to the growth of the market studied.
According to the statistics provided by the Organization for Economic Co-operation and Development, France had 10 CT scanners in ambulatory care per 1,000,000 inhabitants and 26 CT scanners in hospitals per 1,000,000 inhabitants. The number of CT scanners in the country is expected to increase due to the growing burden of chronic diseases and the increasing geriatric population, thus fueling the market's growth.
Italy Computed Tomography Industry Segmentation
As per the scope of the report, computed tomography (CT) is an imaging process that customizes special X-ray equipment to generate a sequence of exhaustive images or scans of areas inside the body. Italy Computed Tomography Market is segmented by Type (Low Slice, Medium Slice, and High Slice), Application (Oncology, Neurology, Cardiovascular, Musculoskeletal, and Other Applications), and End User (Hospitals, Diagnostic Centers, and Other End Users). The report offers the value (in USD million) for the above segments.
By Type | |
Low Slice | |
Medium Slice | |
High Slice |
By Application | |
Oncology | |
Neurology | |
Cardiovascular | |
Musculoskeletal | |
Other Applications |
By End User | |
Hospitals | |
Diagnostic Centers | |
Other End Users |
Italy Computed Tomography Market Size Summary
The computed tomography (CT) market in Italy is poised for significant growth, driven by the increasing demand for diagnostic imaging solutions. The market's expansion is largely attributed to the heightened use of CT scans during the COVID-19 pandemic, where they played a crucial role in diagnosing and assessing the severity of the virus. This surge in demand has been further bolstered by the rising geriatric population and the growing prevalence of chronic diseases such as cancer, cardiovascular conditions, and obesity. The oncology segment, in particular, is a major contributor to the market's growth, as CT scans are essential for detecting and evaluating tumors. Technological advancements and a broader range of applications for CT devices are also enhancing market prospects.
The competitive landscape of the Italian CT market is characterized by the presence of major players like Canon Medical Systems Corporation, Koninklijke Philips NV, GE Healthcare, and Siemens Healthineers, who dominate the industry with their technologically advanced products. These companies are actively engaging in strategies such as product innovations, new launches, and strategic partnerships to strengthen their market position. For instance, Siemens Healthineers introduced the world's first photon-counting CT scanner, while Philips expanded its AI-enabled CT imaging portfolio across Europe. Such initiatives are expected to drive further growth in the market, particularly in the oncology segment, as Italian companies continue to focus on developing efficient medical diagnostic devices.
Italy Computed Tomography Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Geriatric Population and Chronic Disease Burden
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1.2.2 Technological Advancements in Computed Tomography
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1.3 Market Restraints
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1.3.1 High Cost Associated With CT Scan Procedure and Equipment
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Low Slice
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2.1.2 Medium Slice
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2.1.3 High Slice
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2.2 By Application
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2.2.1 Oncology
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2.2.2 Neurology
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2.2.3 Cardiovascular
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2.2.4 Musculoskeletal
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2.2.5 Other Applications
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2.3 By End User
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2.3.1 Hospitals
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2.3.2 Diagnostic Centers
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2.3.3 Other End Users
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Italy Computed Tomography Market Size FAQs
How big is the Italy Computed Tomography Market?
The Italy Computed Tomography Market size is expected to reach USD 244.97 million in 2024 and grow at a CAGR of 5.58% to reach USD 321.37 million by 2029.
What is the current Italy Computed Tomography Market size?
In 2024, the Italy Computed Tomography Market size is expected to reach USD 244.97 million.