The healthcare industry has witnessed a boom in the demand for X-ray and CT scans in recent years. The constantly evolving technology and the advent of artificial intelligence in medical imaging have increased efficiency in the healthcare sector. Thus, the revenue generated by the global spinal X-ray and CT market was $917.9 million in 2021, and it is expected to grow with a CAGR of 6.4% from 2021 to 2030, to $1,602 million by 2030. A wide array of illnesses can easily be diagnosed and treated early by utilizing these radiology devices.

The rise in the aging population, cases of spinal injuries, and number of technological advancements has resulted in the increasing demand for X-ray and CT devices. It has also now been possible for radiology professionals to generate an instant report of patients’ tests with the higher efficiency of the technology used in advanced devices, such as those integrated with AI. The easy accessibility of healthcare facilities to the urban population and awareness of early diagnosis and treatment are the major drivers for the global spinal X-ray and CT market.

The COVID-19 outbreak had limited people’s access to health facilities, considering the restrictions implemented by the governments to prevent the spread of the disease. But, radiology departments kept functioning, with the majorly performed procedures being X-rays and CT scans. Spinal conditions, such as fractures and infections, were a significant health concern. That is why the spinal X-ray and CT market size surged high when numerous other sectors struggled to generate revenue.

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Elderly people being more prone to spinal injuries, including vertebral fractures, has increased the demand for diagnostic X-ray and CT facilities. On average, each year, 20,000 new spinal cord injuries are reported in the U.S. Road accidents, falling off stairs or from a certain height, and being hit by a hard object can easily fracture the vertebral column and injure the spinal cord. People usually seek the support of hospitals and clinics to diagnose spinal cord injuries, as they have all the enhanced equipment.

As the primary site for diagnosis, hospitals have also increased their expenditure on advanced radiological devices. Thus, hospitals and clinics dominate the spinal X-ray and CT market, in terms of revenue. In 2021, this end user category accounted for a 50% revenue share of the market. The second-largest category in the market is diagnostic imaging centers due to the increasing demand for early diagnosis and investments by private and public organizations for their setup of such facilities.

North America held the largest spinal X-ray and CT market revenue share, of 40% globally, in the year 2021, owing to its advanced healthcare infrastructure and favorable reimbursement policies for radiological scans. The fastest-growing market for spinal X-ray and CT systems is APAC. Since the local companies have stepped into the market, numerous opportunities have been generated for the players. Moreover, developing countries, such as India, China, Brazil, and Mexico, are home to large populations and, hence, the demand for X-rays and CT scans is also increasing.

Hence, the advancements in health tech have increased the efficiency of radiology departments, thus helping them cater better to the rising demand for early diagnosis and treatment.