Global Micro Computed Tomography Market Size To Exceed USD 542.4 Million by 2033
According to a research report published by Spherical Insights & Consulting, The Global Micro Computed Tomography Market Size Expected to Grow from USD 276.7 Million in 2023 to USD 542.4 Million by 2033, at a CAGR of 6.96% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Micro Computed Tomography Market Size, Share, and COVID-19 Impact Analysis, By Product (In-vivo and Ex-vivo), By Application (Life Science, Bones, Dentistry, and Plants & Food), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
The micro computed tomography (Micro-CT) industry is the sector dedicated to high-resolution X-ray imaging technology utilized for non-destructive 3D visualization of internal micro-scale structures. Micro-CT finds extensive use in biomedical research, material science, dentistry, electronics, and industrial inspection and allows for exact analysis with far better image resolution than standard CT scanning. Moreover, the micro computed tomography (Micro-CT) market is driven by rising demand for high-resolution imaging in material science, biomedical research, and industrial uses. Development in imaging technology, growing preclinical study adoption, increasing healthcare investments, and the requirement for non-destructive testing also drive market growth. Further, growing applications in dentistry and electronics drive demand. However, major constraints of the micro computed tomography (Micro-CT) market are high capital expenditure on equipment, restricted access in developing markets, intricate analysis of data, and the necessity of experienced experts to handle and interpret imaging outcomes accurately.
The ex-vivo segment accounted for the largest share of the global micro computed tomography market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the product, the global micro computed tomography market is divided into in-vivo and ex-vivo. Among these, the ex-vivo segment accounted for the largest share of the global micro computed tomography market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This is driven by its extensive application in material science, biomedical research, and industry. Ex-vivo systems provide more resolution imaging, allowing detailed structural analysis, making them more prevalent than in-vivo micro-CT in numerous scientific and industrial applications.
The life science segment accounted for a substantial share of the global micro computed tomography market in 2023 and is anticipated to grow at a rapid pace during the projected period.
On the basis of the application, the global micro computed tomography market is divided into life science, bones, dentistry, and plants & food. Among these, the life science segment accounted for a substantial share of the global micro computed tomography market in 2023 and is anticipated to grow at a rapid pace during the projected period. This is driven by its widespread application in preclinical studies, drug research, and disease modeling. The necessity of high-resolution imaging for biological research and biomedical purposes makes life sciences the largest segment over bones, dentistry, plants, and food.
North America is projected to hold the largest share of the global micro computed tomography market over the projected period.
North America is projected to hold the largest share of the global micro computed tomography market over the projected period. This is driven by sophisticated healthcare infrastructure, heavy research expenditure, and robust uptake in biomedical and industrial applications. The availability of major market players, technological innovation, and growing demand for non-destructive imaging also supports the region's market leadership.
Asia Pacific is expected to grow at the fastest CAGR of the global micro computed tomography market during the projected period. This is driven by growing adoption in the life sciences and industrial applications, growing research activity, and rising healthcare investments. The region's market is growing at an accelerated rate due to expanding biomedical research, technological advancements, and government support for scientific innovation.
Company Profiling
Major vendors in the global micro computed tomography market are Bruker Corporation, Thermo Fisher Scientific, PerkinElmer Inc., Zeiss, SCANCO Medical AG, North Star Imaging Inc., TESCAN, NeoScan, Sanying Precision Instruments Co. Ltd., and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In July 2024, Thermo Fisher Scientific successfully acquired Olink, a supplier of cutting-edge proteomics solutions. The objective of this strategic acquisition is to integrate Olink's state-of-the-art proteomics technology, which is essential for high-throughput biomarker discovery and validation, into Thermo Fisher's life sciences and diagnostics capabilities.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global micro computed tomography market based on the below-mentioned segments:
Global Micro Computed Tomography Market, By Product
Global Micro Computed Tomography Market, By Application
- Life Science
- Bones
- Dentistry
- Plants & Food
Global Micro Computed Tomography Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa