UK Computed Tomography Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 467.43 Million |
Market Size (2029) | USD 635.32 Million |
CAGR (2024 - 2029) | 6.33 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
UK Computed Tomography Market Analysis
The United Kingdom Computed Tomography Market size is estimated at USD 467.43 million in 2024, and is expected to reach USD 635.32 million by 2029, growing at a CAGR of 6.33% during the forecast period (2024-2029).
The COVID pandemic had an adverse effect on market growth. Various research studies have been published to provide insight into the effects of the pandemic. For instance, the COVID-19 pandemic: impact on NHS England PET-CT services and lessons learned is the title of a study that was conducted to determine how the first wave of COVID-19 affected the National Health Service's (NHS) 18F-fluorodeoxyglucose positron emission tomography-computed tomography (FDG PET-CT) scanning activity in England. The study was published in Nuclear Medicine Communication in February 2021. The analysis found that for the two months of April and May 2020, there was a 32 percent and a 31 percent decline in activity, respectively. Comparing cancer FDG PET-CT cases to non-cancer CT cases, a greater decline was seen. Between January 2020 and June 2020, 50,879 FDG PET-CTs were finished, compared to 52,460 FDG PET-CTs finished during the same time in 2019. Along with its negative effects, COVID-19 has given players the chance to build their presence by releasing new products or advancing clinical research in this area. Due to which, the studied market is expected to recover in future years.
The UK computed tomography market is majorly driven by higher incidences and mortality rates associated with chronic diseases, such as diabetes and cancer. The country's market is also driven by the growing geriatric population, increasing research and development procedures, rising investments, and increasing product launches. According to Globocan 2020, there were 457,960 new cases of cancer in the UK in 2020, and 595,909 instances are anticipated by 2040. The country will employ more CT scanners as a result of the anticipated rise in cancer cases because CT scanners are used to diagnose a variety of cancers. As a result, it is anticipated that the market under study will expand significantly during the next years. Another significant contributing factor to mortality in the nation is diabetes. The country has 5.6 percent prevalence of diabetes, with 2,680,500 people living with the disease, according to the International Diabetes Federation. Due to the fact that diabetes is the primary risk factor for many chronic illnesses, including cancer, this is anticipated to spur market expansion throughout the forecasted period. According to figures provided by the Organization for Economic Co-operation and Development, there were 9 CT scanners per 1,000,000 people in hospitals in the United Kingdom. Due to the growing burden of chronic diseases and the ageing population, more CT scanners are anticipated to be installed across the nation. This is anticipated to stimulate market expansion. Additionally, the National Research Facility (NRF) in Lab-based X-ray Computed Tomography was established in November 2020 with the help of the current facilities from the Universities of Manchester, Southampton, University College London (UCL), University of Warwick, and Diamond Light Source to offer the United Kingdom a special and varied shared capability. The Engineering and Physical Sciences Research Council (EPSRC) provided 10 million euros over 5 years to NRF to build this facility. Therefore, it is anticipated that rising product launches and rising investments in the relevant industry will fuel market expansion.
However, it is anticipated that the market expansion in the United Kindgom will be constrained by the inadequate reimbursement and the high cost of equipment and CT scan procedures.
UK Computed Tomography Market Trends
This section covers the major market trends shaping the UK Computed Tomography Market according to our research experts:
Oncology Segment is Expected to Hold a Significant Market Share Over the Forecast Period
Growth is anticipated to be boosted by the high prevalence of various cancer kinds and the existence of market players in the nation. Growing initiatives by big companies that could help the market develop in the future are another factor contributing to the expansion of this category. The number of cancer cases is expected to increase, and screening programs for cancer procedures that need computed tomography imaging are expected to increase the demand for computed tomography devices in the nation. For instance, the GLOBOCAN 2020 report was released by the International Agency for Research on Cancer. The analysis estimates that there will be 53,889 new cases of breast cancer in the United Kingdom in 2020. The research also said that 56,780 instances of prostate cancer were anticipated to be diagnosed in 2020. 13,168 men lost their lives to prostate cancer. The demand for computed tomography for diagnosis is anticipated to increase as a result of the high prevalence of various cancer conditions in the United Kingdom. To address the National Health Service (NHS) care backlog in England, the government promised to invest EUR 350 million in the creation of 40 new "one-stop-shops for inspections, scans, and tests" in October 2021. By March 2022, the centers would be completely operational after providing services over the following six months. Such government activities are projected to increase the use of computed tomography scanners to scan for cancer cases, which will fuel the market under study's expansion. In September 2020, Canon Medical System UK distributed 15 mobile CT scanners to National Health Service (NHS) trusts all around the nation. The aforementioned elements and study findings are also anticipated to enhance market expansion in this sector.
UK Computed Tomography Industry Overview
The United Kingdom computed tomography market is moderately competitive and consists of several major players. Some of the companies that are currently dominating the market are Canon Medical Systems, Koning Corporation, GE Healthcare, Planmeca Group (Planmed OY), and Koninklijke Philips NV among others.
UK Computed Tomography Market Leaders
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Canon Medical Systems Corporation (Toshiba Corporation)
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Koning corporation
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GE Healthcare
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Planmeca Group (Planmed OY)
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Koninklijke Philips NV
*Disclaimer: Major Players sorted in no particular order
UK Computed Tomography Market News
- In April 2022, a new EUR 1.3m CT scanner was installed at North Tyneside Hospital with the funding of EUR 350 million from the Department of Health and Social Care (DHSC).
- In October 2021, at Surrey and Sussex Healthcare NHS Trust, two new CT scanners were installed by Canon Medical Systems UK. They will increase the capability for outpatient imaging by completing 1000 CT scans each month.
UK Computed Tomography Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Increasing Prevalence of Chronic Diseases
- 4.2.2 Rising Geriatric Population
- 4.2.3 Increasing Technological Advancements
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4.3 Market Restraints
- 4.3.1 Lack Of Proper Reimbursement And Stringent Regulatory Approval Procedures
- 4.3.2 High Cost of Equipment
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
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5.1 By Type
- 5.1.1 Low Slice
- 5.1.2 Medium Slice
- 5.1.3 High Slice
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5.2 By Application
- 5.2.1 Oncology
- 5.2.2 Neurology
- 5.2.3 Cardiovascular
- 5.2.4 Musculoskeletal
- 5.2.5 Other Applications
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5.3 By End User
- 5.3.1 Hospitals
- 5.3.2 Diagnostic Centers
- 5.3.3 Other End Users
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Carestream Health
- 6.1.2 Canon Medical Systems Corporation (Toshiba Corporation)
- 6.1.3 Koning corporation
- 6.1.4 GE Healthcare
- 6.1.5 Neusoft Medical Systems Co. Ltd
- 6.1.6 Planmeca Group (Planmed OY)
- 6.1.7 Koninklijke Philips NV
- 6.1.8 Fujifilm Holdings Corporation
- 6.1.9 Siemens Healthineers AG
- 6.1.10 Stryker Corporation
- 6.1.11 Samsung Electronics Co., Ltd.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
UK 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. It is also called computerized axial tomography (CAT) scanning, primarily used in cancer diagnosis. The United Kingdom 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 |
UK Computed Tomography Market Research FAQs
How big is the United Kingdom Computed Tomography Market?
The United Kingdom Computed Tomography Market size is expected to reach USD 467.43 million in 2024 and grow at a CAGR of 6.33% to reach USD 635.32 million by 2029.
What is the current United Kingdom Computed Tomography Market size?
In 2024, the United Kingdom Computed Tomography Market size is expected to reach USD 467.43 million.
Who are the key players in United Kingdom Computed Tomography Market?
Canon Medical Systems Corporation (Toshiba Corporation), Koning corporation, GE Healthcare, Planmeca Group (Planmed OY) and Koninklijke Philips NV are the major companies operating in the United Kingdom Computed Tomography Market.
What years does this United Kingdom Computed Tomography Market cover, and what was the market size in 2023?
In 2023, the United Kingdom Computed Tomography Market size was estimated at USD 439.60 million. The report covers the United Kingdom Computed Tomography Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom Computed Tomography Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UK Computed Tomography Industry Report
Statistics for the 2024 UK Computed Tomography market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UK Computed Tomography analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.