Market Overview:
The global photon counting CT market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced diagnostic imaging techniques, rising prevalence of chronic diseases, and growing investments in healthcare infrastructure. By type, the single channel counting system segment is expected to account for the majority share of the global photon counting CT market in 2018. However, the multichannel counting system segment is projected to grow at a higher CAGR during the forecast period. By application, cardiology is expected to be one of the largest segments of this market in 2018. However, oncology is projected to grow at a higher CAGR duringthe forecast period owingto its growing demand for advanced cancer diagnosis and treatment procedures.
Product Definition:
A Photon Counting CT scanner is a type of computed tomography scanner that uses photon counting to detect and measure the number of photons that pass through an object. The information collected by the detector can be used to create a three-dimensional image of the object. The photon counting technology allows for greater accuracy and detail in the images produced, making it an important tool for medical research and diagnosis.
Single Channel Counting System:
Single-channel counting systems are used to monitor the number of photons that hit a photodiode in each pixel of an image. The advantage is that it does not require any special conditioning for the photodiode, and can be used with any kind of detector.
The global single channel counting system market was valued at USD 41,F636 in 2015.
Multichannel Counting System:
Multichannel counting systems are used to count the number of light beams that enter a photodiode and exit another. It is an essential component in Photon Counting CT (PCCT) market as it helps in determining the efficiency of PCCT system. Multichannel detectors can be categorized into two types: single-channel and multiple-channel detectors.
Application Insights:
The cardiology segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. Photon counting CT systems are used for detection of atheromatous plaques, acute coronary syndrome (ACS) and stable angina pectoris. The increasing prevalence of cardiovascular diseases is anticipated to drive demand over the forecast period. Moreover, rising adoption of advanced photon counting CT systems by major players such as GE Healthcare and Siemens Healthineers for cardiac imaging is expected to propel market growth during the study period.
Oncology was one of the fastest-growing application segments owing to an increase in cancer cases across various organs including brain, lungs, liver & biliary system among others. Increasing awareness about early diagnosis coupled with technological advancements that help deliver precise treatment options are driving demand for oncology applications thus propelling overall market growth during this study period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and increasing demand for cost-effective medical products. Moreover, rising incidences of cancer and cardiac diseases are expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period due to improving healthcare facilities in emerging economies such as India and China. In addition, growing awareness about various types of cancers is projected to fuel product demand during this period. Furthermore, an increase in government initiatives pertaining Photon Counting CTs for early detection purposes will further propel growth over this period.
Growth Factors:
- Increasing demand for early cancer detection and treatment
- Rising prevalence of chronic diseases such as cancer and diabetes
- Growing number of aging population
- Technological advancements in photon counting CT scanners
- Increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Photon Counting CT Market Research Report
By Type
Single Channel Counting System, Multichannel Counting System
By Application
Cardiology, Oncology, Neurology, Others
By Companies
PerkinElmer, PicoQuant, Becker &Hickl GmbH, Hidex Oy, ID Quantique (IDQ), Photek, Thorlabs, GE Healthcare
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Photon Counting CT Market Report Segments:
The global Photon Counting CT market is segmented on the basis of:
Types
Single Channel Counting System, Multichannel Counting System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cardiology, Oncology, Neurology, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PerkinElmer
- PicoQuant
- Becker &Hickl GmbH
- Hidex Oy
- ID Quantique (IDQ)
- Photek
- Thorlabs
- GE Healthcare
Highlights of The Photon Counting CT Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Channel Counting System
- Multichannel Counting System
- By Application:
- Cardiology
- Oncology
- Neurology
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Photon Counting CT Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Photon counting CT is a type of computed tomography that uses a detector to count the number of photons that pass through it per second. This information can be used to create images with more detail than traditional CT scans.
Some of the major players in the photon counting ct market are PerkinElmer, PicoQuant, Becker &Hickl GmbH, Hidex Oy, ID Quantique (IDQ), Photek, Thorlabs, GE Healthcare.
The photon counting ct market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Photon Counting CT Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Photon Counting CT Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Photon Counting CT Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Photon Counting CT Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Photon Counting CT Market Size & Forecast, 2020-2028
4.5.1 Photon Counting CT Market Size and Y-o-Y Growth
4.5.2 Photon Counting CT Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Channel Counting System
5.2.2 Multichannel Counting System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Cardiology
6.2.2 Oncology
6.2.3 Neurology
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Photon Counting CT Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Photon Counting CT Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Channel Counting System
9.6.2 Multichannel Counting System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Cardiology
9.10.2 Oncology
9.10.3 Neurology
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Channel Counting System
10.6.2 Multichannel Counting System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Cardiology
10.10.2 Oncology
10.10.3 Neurology
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Channel Counting System
11.6.2 Multichannel Counting System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Cardiology
11.10.2 Oncology
11.10.3 Neurology
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Channel Counting System
12.6.2 Multichannel Counting System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Cardiology
12.10.2 Oncology
12.10.3 Neurology
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Channel Counting System
13.6.2 Multichannel Counting System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Cardiology
13.10.2 Oncology
13.10.3 Neurology
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Photon Counting CT Market: Competitive Dashboard
14.2 Global Photon Counting CT Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PerkinElmer
14.3.2 PicoQuant
14.3.3 Becker &Hickl GmbH
14.3.4 Hidex Oy
14.3.5 ID Quantique (IDQ)
14.3.6 Photek
14.3.7 Thorlabs
14.3.8 GE Healthcare
