Global micro computed tomography market was valued at USD 1505.3 million in 2020. It is expected to grow at a compound annual rate (CAGR of 7.9%) between 2021 and 2028. Market growth is driven by factors like a growing number of applications and strong demand to 3D render technology-enabled systems. Market growth will also be boosted by the increasing features of products and high replacement rates. These additional features expand the possibilities for micro computed tomography systems (CT).
Micro-CT offers the advantages of a monochromatic, narrow bandwidth X-ray and parallel Xray beams. This allows for fast scanning, in-depth exploration, high bone and lung sensibility, cost-effective scans, and quick exposure times. It is non-destructive and can be used to scan the material, rotate it, slice it, and so forth. Micro-CT also helps to reduce the need for animals in research.
The forecast period will see an increase in demand for micro-CT products due to the increasing use of micro-CT in research, development and other activities. BioSpin PreClinical Imaging division by Bruker reported the use of the Bruker skyScan 1278 in vivo microscopic CT system at Louvain University, Belgium to support COVID-19-focused studies. To test the effectiveness of vaccines and other drug options in COVID-19 models, the university's preclinical testing expertise will be used. This is the first time that invivo imaging research has been done using mice and hamsters with COVID-19 models. This will allow scientists to learn more about the SARS-CoV-2 virus that causes lung damage.
The micro-CT market is being driven by the shift in focus of major manufacturers to the development of technologically enhanced products. Micro-CT is expected to increase in market penetration through the development of technically superior products that can perform faster and require less time and labor. Because of the continuous improvement in resolution, three-dimensional imaging is seeing increased applications. North Star Imaging (NSI), a company that makes high-energy Xray systems, launched the MeVX product range in July 2021. It has 3, 6, and 9 Million electron volts (MeV) respectively. The MeVX series is able to penetrate thicker parts, which are not possible to scan using lower-energy Xray equipment. This system is dependent on complex computer software and hardware. Factors such as frequent technical problems, which may hinder the growth, could also be a problem.
The market was affected by the recent COVID-19 pandemic. There was a decrease in production of imaging devices and delays in the import and exit of the micro-CT machines. This caused widespread disruption. However, the market is slowly returning to normal after the lockdown restrictions have been lifted. For example, Bruker's 2020 revenues fell by 4.1%. However, their orders and revenues showed a sequential recovery in 2022 as business conditions improved.
Ex-vivo microCT dominated the market, accounting for 76.9% of the total revenue in 2020. It is expected to maintain its dominance during the forecast period. Ex-vivo microCT scanners provide superior spatial resolution, faster scan times (since the dose to the sample doesn't matter), and higher signal to noise ratios. This results in better images. Ex vivo scanners can be used for biomaterial studies and implants in large animal, materials studies and compression studies. They also serve as a tool to study food and seeds, biomaterial and implant studies in large animal, materials studies and compression studies.
In-vivo CT scanners are useful in scanning long objects. They can be used in studies that examine the effects of nutrition, drugs, body weight, treatments for cancers, and other aspects of regeneration. These products reduce the need for animals in research. For registration of micro-PET and micro-SPECT scans, in vivo microCT data was used.
The largest share of revenue was 23.8% in 2020 for the life sciences segment, which dominated the micro-CT market. The micro-CT provides valuable insight into various life sciences applications, including animal anatomy, soft tissue, neurosciences and cardiovascular studies. Life science is constantly changing. The creation of faster and more efficient research methods, as well small and large molecular treatments, has led to new discoveries that will help lay the foundation for the long-term growth in this sector. These factors will likely boost product demand over the forecast period.
In the coming years, the fastest growing segment in the future will be dentistry. Micro-CT can be used in dentistry for everything from research to treatment. Micro-CT provides high-quality images of the teeth and surrounding structures, from the outer to innermost. Researchers have a solid foundation for improving treatment plans by understanding the tooth structure. Micro-CT imaging equipment can determine the direction and lengths of cracks in teeth as well as filling conditions for fillers in dental caries under nondestructive circumstances. The CT scanning data can also be used to create a 3D digital model.
North America was the dominant market for micro computed tomography and held the largest revenue share at 31.6% in 2020. Over the forecast period, this region will experience a significant growth rate. Regional market growth is likely to be influenced by the presence of many market competitors and the frequent release of new products. In addition, funding has been increased for research activities in the region. The United States has the highest per capita healthcare expenditure and the most grants and funds available from government institutions like the National Institutes of Health (NIH), to support research.
The market in Asia Pacific is expected to grow at the fastest pace during the forecast period. This is due to increased demand for imaging devices and increasing research activity. Many manufacturers are also investing in Asia Pacific. DKSH Business Unit Technology, Bruker, and Bruker have expanded their partnership in Asia with the distribution of Bruker XRF products S2 PUMA in China and S2 POLAR China. DKSH will be providing marketing, sales and after-sales support for the Bruker 3D Xray Microscopy product line in China as part the extended partnership.
These key players are focusing on improving their product offerings through important cooperative drives. They also consider acquisitions and approvals from the government to increase their client base and take a greater share of the overall industry. Tescan launched UniTOM HR in August 2021. It is the first dynamic micro-CT system that provides sub-micron resolution 3D nondestructive imaging for static research and high temporal resolution to support continuous 4D dynamic CT research. Tescan says UniTOM HR is ideal both for academic and industrial researchers who need micro-CT imaging to study a sample's internal structure, as well as to gain a deeper understanding of its behavior under different environmental conditions. Major clinical and nonclinical radiology companies as well as micro-CT-only firms are key market players. The market leader in micro-computed tomography is:
Thermo Fisher Scientific
Sanying Precision Instruments Co.Ltd
North Star Imaging Inc
SCANCO Medical AG
Up Market Research published a new report titled “Micro Computed Tomography Market research report which is segmented by Product (Ex-vivo, In-vivo), by Application (Plants & Food, Dentistry, Life Science, Bones), By Players/Companies North Star Imaging Inc, Thermo Fisher Scientific, TESCAN, Sanying Precision Instruments CoLtd, PerkinElmer, SCANCO Medical AG, NeoScan, Zeiss, Bruker Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Micro Computed Tomography Market Research Report|
|By Product||Ex-vivo, In-vivo|
|By Application||Plants & Food, Dentistry, Life Science, Bones|
|By Companies||North Star Imaging Inc, Thermo Fisher Scientific, TESCAN, Sanying Precision Instruments CoLtd, PerkinElmer, SCANCO Medical AG, NeoScan, Zeiss, Bruker Corporation|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||248|
|Number of Tables & Figures||174|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Product (Ex-vivo, In-vivo), by Application (Plants & Food, Dentistry, Life Science, Bones).
Micro Computed Tomography Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Micro Computed Tomography 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 2028.
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