SPI Medical Imaging: Rebound on the Horizon for the CT Market

The global CT market has been subject to a measure of turbulence in recent years. The modality was in high demand during the peak of the COVID-19 pandemic, resulting in a boom in the market in 2020 and 2021. However, according to Signify Research’s CT – World – 2024 report, the market experienced a correction in 2022 and 2023, with revenues declining by 3.2% and unit shipments falling by 3.7%.

There is reason for optimism in the CT market in 2024 and beyond, however vendors must ensure that they are aware of the changing dynamics in regional markets, provider priorities, and advances in the modality’s technology and use cases.