India Computed Tomography (CT) Market Outlook to 2028

India Computed Tomography Market Overview

The India Computed Tomography (CT) market was valued at approximately USD 265.36 million based on historic 5-year data, driven by the increasing prevalence of chronic diseases, advancements in imaging technology, and the growing demand for early diagnostic tools in healthcare. The market is segmented into low-slice, mid-slice, high-slice, and dual-source CT scanners, with mid-slice CT scanners dominating due to their affordability and wide application in routine diagnostics.

Major players in the India CT market include GE Healthcare, Siemens Healthineers, Philips Healthcare, Canon Medical Systems, and Hitachi Healthcare. These companies are known for their innovative product portfolios and focus on delivering high-quality imaging systems. GE Healthcare leads the market with its cutting-edge CT solutions like the Revolution Apex, known for its high resolution and faster imaging.

In Northern India, Delhi NCR and Maharashtra are prominent markets, driven by high investments in healthcare infrastructure, a growing number of diagnostic centers, and a rising incidence of lifestyle-related diseases such as cardiovascular disorders and cancer. These regions are characterized by advanced medical facilities and a strong preference for technologically superior diagnostic equipment.

In 2023, Philips Healthcare introduced a new AI-powered spectral CT scanner, aimed at providing enhanced image quality and reducing radiation dose for patients. This innovation highlights the shift towards integrating artificial intelligence in medical imaging, reflecting broader trends in the healthcare sector for precision and patient safety.

India Computed Tomography Market Segmentation

The India Computed Tomography Market can be segmented by product type, application, and region:

By Product Type: The market is segmented into low-slice (1-16 slices), mid-slice (32-64 slices), high-slice (128-256 slices), and dual-source (above 256 slices) CT scanners. In 2023, mid-slice CT scanners were the most dominant due to their cost-effectiveness and broad clinical applications, including general diagnostics and oncology. However, the demand for high-slice and dual-source scanners is increasing, particularly in specialized fields like cardiology and neurology, where advanced imaging capabilities are essential.

By Application: The CT market is segmented by application into oncology, cardiology, neurology, and orthopedic. Oncology is the leading application, driven by the growing need for early detection of cancer and the use of CT in planning radiation therapy. Cardiology is another fast-growing segment, benefiting from the development of cardiac CT for non-invasive heart imaging.

By Region: The India market is regionally segmented into North, South, East, and West. In 2023, Northern India leads the market due to a strong healthcare infrastructure, followed by Western India, where cities like Mumbai and Pune are investing heavily in diagnostic technologies. Southern India, with its growing medical tourism sector, is also emerging as a key market.

India Computed Tomography Market Competitive Landscape

Company

Establishment Year

Headquarters

GE Healthcare

1892

Chicago, USA

Siemens Healthineers

1847

Erlangen, Germany

Philips Healthcare

1891

Amsterdam, Netherlands

Canon Medical Systems

1930

Tochigi, Japan

Hitachi Healthcare

1910

Tokyo, Japan

GE Healthcare: In 2023, GE Healthcare launched the Revolution Ascend, a next-generation CT scanner designed for oncology imaging. This system improves patient comfort and delivers high-definition images with reduced radiation exposure. GEs extensive research in imaging technology and focus on precision medicine have solidified its market leadership.

Siemens Healthineers: Siemens introduced the SOMATOM Force in 2023, a dual-source CT scanner that provides faster imaging at low doses, ideal for cardiac and pediatric imaging. The product strengthens Siemens position in the high-end CT segment, where demand for precision and low-dose imaging is growing.

India Computed Tomography Market Analysis

Market Growth Drivers:

Rising Prevalence of Chronic Diseases: In 2023, there were approximately 2.25 million new cancer cases diagnosed in India, contributing to the increasing demand for CT scanners in oncology. Additionally, around 60 million people in India suffer from cardiovascular diseases, making CT imaging essential for diagnosis and treatment planning.

Increasing Healthcare Investments: The Indian government allocated over USD 30 billion to healthcare in 2023 under the National Health Mission, which includes funding for diagnostic infrastructure improvements. This has led to the establishment of more diagnostic centers equipped with advanced CT scanners.

Growing Medical Tourism: In 2023, India received over 500,000 medical tourists, many of whom sought diagnostic and therapeutic services that require advanced imaging technologies such as CT scanners. The demand for quality healthcare is boosting the installation of CT systems in private and government hospitals.

Market Challenges
:

High Costs of Advanced Systems: The high initial costs of advanced CT systems, especially dual-source and high-slice scanners, remain a challenge, particularly for smaller hospitals and diagnostic centers. This could limit market growth in tier 2 and tier 3 cities where healthcare budgets are constrained.

Regulatory Challenges: The market is subject to stringent regulations for medical device safety and performance standards. Compliance with these regulations can be challenging, especially for new entrants and smaller companies lacking the resources for rigorous testing and certification processes.

Shortage of Skilled Professionals: A shortage of radiologists and skilled technicians to operate advanced imaging systems like CT scanners is another challenge, particularly in rural areas. This can impact the adoption and effective utilization of advanced diagnostic equipment.

Government Initiatives:

Ayushman Bharat Scheme: The Indian government allocated over USD 1.6 billion for the Ayushman Bharat healthcare program in 2023, Specifically, the allocation for the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY) was estimated at 7,200 crore (approximately USD 870 million), representing a 12% increase from the previous year's revised estimate. Additionally, the Pradhan Mantri Ayushman Bharat Health Infrastructure Mission (PM-ABHIM) received an allocation of 4,200 crore (approximately USD 510 million) for the same period.

National Digital Health Mission (NDHM): The Indian government has allocated around USD 200 million for the National Digital Health Mission in 2023, focusing on the digitization of healthcare services, which includes enhancing diagnostic infrastructure such as CT scanners across public hospitals.

India Computed Tomography Market Future Outlook

The India Computed Tomography Market is expected to grow steadily, driven by the increasing demand for advanced diagnostic tools, government initiatives to enhance healthcare access, and technological advancements in imaging.

Future Market Trends:

Growing Popularity of Dual-Energy and Spectral CT Scanning: These advanced CT techniques, which provide better tissue characterization and more detailed images, are expected to see increased adoption. Dual-energy CT is especially useful in cardiology, oncology, and trauma care, offering improved diagnostic accuracy for complex conditions.

Customization and Precision Imaging Solutions: With the rise of personalized medicine, CT scanners tailored for specific clinical applications such as cardiology, oncology, and neurology will become more common. These solutions will be designed to meet the specific needs of different patient populations, including those requiring precise, targeted imaging.

Evolving Tele-radiology Solutions: The future will see increased integration of tele-radiology, where CT scans can be remotely analyzed by radiologists, enabling faster diagnosis in regions with a shortage of specialists. This will be especially beneficial for remote or rural areas with limited access to radiologists.
Please Note: It will take 5-7 business days to complete the report upon order confirmation


1. India Computed Tomography (CT) Market Overview
1.1. Definition and Scope
1.2. Market Taxonomy
1.3. Market Growth Rate
1.4. Market Segmentation Overview
2. India Computed Tomography (CT) Market Size (in USD Mn), 2018-2023
2.1. Historical Market Size
2.2. Year-on-Year Growth Analysis
2.3. Key Market Developments and Milestones
3. India Computed Tomography (CT) Market Analysis
3.1. Growth Drivers
3.1.1. Prevalence of Chronic Diseases
3.1.2. Healthcare Infrastructure Investments
3.1.3. Growing Medical Tourism
3.2. Restraints
3.2.1. High Initial Costs
3.2.2. Regulatory Challenges
3.2.3. Lack of Skilled Workforce
3.3. Opportunities
3.3.1. Technological Advancements
3.3.2. Expansion into Tier 2 and Tier 3 Cities
3.4. Trends
3.4.1. AI-Powered Imaging
3.4.2. Adoption of Dual-Energy CT
3.4.3. Growth in Tele-Radiology Solutions
3.5. Government Regulation
3.5.1. Ayushman Bharat Scheme
3.5.2. National Digital Health Mission (NDHM)
3.5.3. Medical Device Regulations
3.6. SWOT Analysis
3.7. Stake Ecosystem
3.8. Competition Ecosystem
4. India Computed Tomography (CT) Market Segmentation, 2023
4.1. By Product Type (in Value %)
4.1.1. Low-slice CT Scanners
4.1.2. Mid-slice CT Scanners
4.1.3. High-slice CT Scanners
4.1.4. Dual-source CT Scanners
4.2. By Application (in Value %)
4.2.1. Oncology
4.2.2. Cardiology
4.2.3. Neurology
4.2.4. Orthopedic
4.3. By Region (in Value %)
4.3.1. North
4.3.2. South
4.3.3. East
4.3.4. West
5. India Computed Tomography (CT) Market Cross Comparison
5.1 Detailed Profiles of Major Companies
5.1.1. GE Healthcare
5.1.2. Siemens Healthineers
5.1.3. Philips Healthcare
5.1.4. Canon Medical Systems
5.1.5. Hitachi Healthcare
5.1.6. Fujifilm Healthcare
5.1.7. Wipro GE Healthcare
5.1.8. Allengers
5.1.9. Trivitron Healthcare
5.1.10. Carestream Health
5.1.11. Toshiba Medical Systems
5.1.12. Shimadzu Corporation
5.1.13. Hologic
5.1.14. Mindray
5.1.15. Neusoft Medical Systems
5.2 Cross Comparison Parameters (No. of Employees, Headquarters, Inception Year, Revenue)
6. India Computed Tomography (CT) Market Competitive Landscape
6.1. Market Share Analysis
6.2. Strategic Initiatives
6.3. Mergers and Acquisitions
6.4. Investment Analysis
6.4.1. Venture Capital Funding
6.4.2. Government Grants
6.4.3. Private Equity Investments
7. India Computed Tomography (CT) Market Regulatory Framework
7.1. Medical Device Standards
7.2. Compliance Requirements
7.3. Certification Processes
8. India Computed Tomography (CT) Future Market Size (in USD Mn), 2023-2028
8.1. Future Market Size Projections
8.2. Key Factors Driving Future Market Growth
9. India Computed Tomography (CT) Future Market Segmentation, 2028
9.1. By Product Type (in Value %)
9.2. By Application (in Value %)
9.3. By Region (in Value %)
10. India Computed Tomography (CT) Market Analysts Recommendations
10.1. TAM/SAM/SOM Analysis
10.2. Customer Cohort Analysis
10.3. Marketing Initiatives
10.4. White Space Opportunity Analysis
Disclaimer
Contact Us

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings