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13-Mar-2023

Micro Computed Tomography Market is expected to reach a valuation of US$ 608.7 Million by 2032 | FMI

According to Future Market Insights’ newly released Micro Computed Tomography Market analysis report, global sales of Micro Computed Tomography Market in 2021 will be US$ 190.3 Million. The projected market growth from 2022 to 2032 is 11.3%, which is significantly higher than the historical growth.

Life Sciences is expected to be the highest revenue-generating application, with a CAGR of 14.6% between 2022 and 2032.

The global prevalence of a variety of ailments has prompted governments to increase their research and development spending. Several healthcare providers are increasing their R&D investment in order to develop more advanced Micro Computed Tomography systems and tools, which will aid market growth throughout the forecast period. Furthermore, increased R&D spending by various companies across a variety of industries is expected to boost demand for Micro Computed Tomography around the world.

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Micro-CT scanning renders monochromatic X-rays that are largely parallel with high flux that permits rapid scanning and large datasets. This research also exhibits high spatial resolution, high bone and lung sensitivity, economical price, and short scan time.

Key Takeaways from the Market Study

  • Global Micro Computed Tomography Market is expected to reach a market size of US$ 209.9 Mn by 2022.
  • The Life Sciences segment, is expected to have the highest CAGR rate of 14.6% during the forecast period.
  • United States is expected to remain the most dominant country with absolute dollar growth opportunity of US$ 149.2 Mn.
  • The market in Japan is set to experience the highest CAGR of 14.8% during the 2022-2032 forecast period.

“With the evolution of high resolution micro-computed tomography systems, the market is expected to witness significant spurt in the coming decade” comments a Future Market Insights analyst.

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Leading Companies Profiled in Micro Computed Tomography Market are

  • Bruker Corporation
  • PerkinElmer
  • Thermo Fisher Scientific
  • Zeiss
  • Neoscan
  • Sanying Precision Instruments Co. Ltd.
  • North Star Imaging Inc.
  • SCANCO Medical AG
  • TESCAN

Competitive Landscape

The market is fiercely competitive, where key competitors have been using various techniques to boost their growth. Some of the key players in Micro Computed Tomography Market include Bruker Corporation, PerkinElmer, Thermo Fisher Scientific, Zeiss, Neoscan, Sanying Precision Instruments Co. Ltd., North Star Imaging Inc., SCANCO Medical AG, and TESCAN.

  • In September 2021, with PerkinElmer’s takeover of BioLegend, a leader in the research arena for immunologists, the Company wanted to expand into fast-growing areas of life science like proteogenomics, recombinant proteins, flow cytometry, multiplex assays, magnetic cell sorting, and bioprocessing.
  • In August 2021, Tescan announced the introduction of UniTOM HR, which it claims as the first dynamic micro-CT system in the world with sub-micron resolution, along with 3D non-destructive imaging for static studies and high temporal resolution for continuous 4D dynamic CT research.

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Market Segments Covered In Micro Computed Tomography Market Analysis

By Product Type:

  • In-vivo
  • Ex-vivo

By Application:

  • Life Sciences
  • Bones
  • Dentistry
  • Plants and Food
  • Material Science
  • Geology/Oil and Gas Geology

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Last Updated: 13-Mar-2023