Press Release

Micro Computed Tomography Market to Grow at CAGR of 9.11% through 2029

Rise in orthopedic disorders high precision & accuracy provided by Micro-CT Systems is expected to drive the Global Micro Computed Tomography Market growth in the forecast period, 2025-2029

 

According to TechSci Research report, “Micro Computed Tomography Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Micro Computed Tomography Market stood at USD 210.42 Million in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 9.11% through 2029.

The global Micro Computed Tomography market is driven by several crucial factors. First, the increasing demand for high-resolution imaging techniques for in-depth structural analysis significantly propels market growth. Furthermore, advancements in technology and the miniaturization of these devices also fuel the market expansion. The growing adoption of micro-computed tomography in orthopedics, cardiovascular studies, and oncology, due to its ability to provide precise 3D visualization of microstructures, contributes to the market's growth.

The global Micro Computed Tomography (Micro-CT) market is experiencing significant growth and evolution. This technology, known for its high-resolution, three-dimensional imaging of an object's interior, is finding increased utility across diverse fields, from materials science to medical imaging. In the medical realm, Micro-CT is gaining traction due to rising disease prevalence like cancer and osteoporosis, alongside a growing elderly population. It enables early and precise diagnosis, leading to improved patient outcomes and reduced healthcare costs. Moreover, the advent of in-vivo Micro-CT is revolutionizing preclinical research, allowing for non-invasive longitudinal data collection, particularly beneficial for pharmaceutical studies. Advancements in imaging software and hardware are enhancing scan times and image quality, further propelling market growth.

In materials science, Micro-CT is revolutionizing product development and quality control processes. Its ability to visualize internal structures and defects in 3D enhances analysis and optimization of materials like metals, composites, and polymers, thereby increasing efficiency and reducing costs across industries such as aerospace, automotive, and electronics. Micro-CT's role in non-destructive testing is also driving market expansion, providing detailed internal structure information without damaging objects. This is crucial for quality control and failure analysis processes in various industries. The technology's versatility extends to fields like archaeology, paleontology, and forensics, showcasing its diverse applications.

Technological advancements are further boosting the market, with manufacturers focusing on increasing scan speed, improving image quality, and reducing radiation dose. Integration of software tools for data analysis enhances system value. North America and Europe lead the market due to advanced healthcare infrastructure and robust research environments, while Asia-Pacific shows the highest growth potential, driven by expanding healthcare sectors and increased R&D investments. Despite promising prospects, challenges like high equipment costs, skilled professional shortages, and regulatory hurdles exist. Looking ahead, factors like AI integration for data interpretation, development of portable systems, and partnerships between manufacturers and research institutions will shape the market trajectory. The COVID-19 pandemic may also spur growth with increased demand for advanced diagnostic modalities. In summary, the Micro-CT market holds immense promise amidst burgeoning applications and ongoing technological innovations.                                                                                             


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The Global Micro Computed Tomography Market is segmented into product type, application, regional distribution, and company.

Based on the Application segment, the Micro Computed Tomography (Micro-CT) market is experiencing significant global growth across various sectors. Among these sectors, the Life Science segment holds a dominant position in the global market due to its extensive use of Micro-CT technology. In the field of preclinical imaging, Micro-CT plays a vital role in capturing high-resolution images of biological structures, enabling researchers to study the intricacies of cancer and conduct in-depth analysis of biopsies and small animals. This non-destructive imaging technique has revolutionized the Life Science domain by providing valuable insights into complex biological structures and driving its demand in research and diagnostic applications. With its ability to produce detailed and precise images, Micro-CT continues to shape the future of biomedical research and contribute to advancements in the understanding of various diseases and biological processes.

Based on region, The North American region commands a substantial share in the Global Micro Computed Tomography Market, driven by several key factors. The region benefits from a robust presence of major market players that consistently invest in research and development endeavors. Additionally, the widespread adoption of advanced medical technologies, coupled with significant healthcare expenditure, fuels market expansion. The high prevalence of chronic diseases in the region further underscores the need for micro computed tomography in diagnosis, contributing to market growth.


Major companies operating in Global Micro Computed Tomography Market are:

  • Bruker Corporation
  • PerkinElmer Inc.
  • Thermo Fisher Scientific Inc.
  • Carl Zeiss AG
  • NeoScan Solutions GmbH
  • Sanying Precision Instruments Co.,Ltd
  • North Star Imaging Inc.
  • SCANCO Medical AG
  • Tescan USA Inc

 

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“Global micro computed tomography market is rapidly evolving, with significant advancements in imaging technology and an increasing number of clinical trials for In-vivo and Ex-vivo. The market is dominated by Ex-vivo, because of higher spatial resolution, longer scan time and better signal to noise ratios and therefore better images. There is also a growing focus on preclinical imaging, it is used for evaluating drug candidates, assessing toxicity, and studying disease progression in animal models. Technological advancements, such as the Improved spatial resolution and faster imaging, are also driving the development of more effective Micro Computed Tomography. Additionally, there is a growing emphasis on the need for Micro-CT that are effective against all chronic disease with severe impact. The increasing number of clinical trials and partnerships between public and private sectors bodes well for the future of the Micro-CT market, with several promising scanner candidates currently in advanced stages of development”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Micro Computed Tomography Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (In-vivo, Ex-vivo), By Application (Life Science, Bones, Dentistry, Plants & Food), By Region and Competition, 2019-2029F”, has evaluated the future growth potential of Global Micro Computed Tomography Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Micro Computed Tomography Market.

 

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Micro Computed Tomography Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (In-vivo, Ex-vivo), By Application (Life Science, Bones, Dentistry, Plants & Food), By Region and Competition, 2019-2029F

Healthcare | Jul, 2024

Rising demand for preclinical imaging and increasing demand for non-destructive testing are expected to drive the growth of Global Micro Computed Tomography Market in the forecast period 2025-2029.

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