Market Trends of United Kingdom Computed Tomography Industry
This section covers the major market trends shaping the UK Computed Tomography Market according to our research experts:
Oncology Segment is Expected to Hold a Significant Market Share Over the Forecast Period
Growth is anticipated to be boosted by the high prevalence of various cancer kinds and the existence of market players in the nation. Growing initiatives by big companies that could help the market develop in the future are another factor contributing to the expansion of this category. The number of cancer cases is expected to increase, and screening programs for cancer procedures that need computed tomography imaging are expected to increase the demand for computed tomography devices in the nation. For instance, the GLOBOCAN 2020 report was released by the International Agency for Research on Cancer. The analysis estimates that there will be 53,889 new cases of breast cancer in the United Kingdom in 2020. The research also said that 56,780 instances of prostate cancer were anticipated to be diagnosed in 2020. 13,168 men lost their lives to prostate cancer. The demand for computed tomography for diagnosis is anticipated to increase as a result of the high prevalence of various cancer conditions in the United Kingdom. To address the National Health Service (NHS) care backlog in England, the government promised to invest EUR 350 million in the creation of 40 new "one-stop-shops for inspections, scans, and tests" in October 2021. By March 2022, the centers would be completely operational after providing services over the following six months. Such government activities are projected to increase the use of computed tomography scanners to scan for cancer cases, which will fuel the market under study's expansion. In September 2020, Canon Medical System UK distributed 15 mobile CT scanners to National Health Service (NHS) trusts all around the nation. The aforementioned elements and study findings are also anticipated to enhance market expansion in this sector.