China has more number of CT scanner installations when compared to other high end modalities such as Magnetic Resonance Imaging and Positron emission Tomography scanners.
The market has witnessed strong growth in the recent years and impelled by new entrants.
The Chinese market is cost conscious and dominated heavily by the public sector.
Currently hospitals in China tend to purchase single, dual, and four sliced models based on affordability. Price erosion in the CT scan segment is expected to drive the market further.
There is a gradual increase in the number of hospitals and stand-alone imaging centers, which would boost the installation of CT and X-ray in China. The last two decades has faced a gradual increase in the number of healthcare institutions and have nearly doubled.
There are many local manufacturers of X-ray and hence the penetration by the multinational companies is minimal in this segment.
Technology awareness has driven patient demand as well as physician familiarity this in turn increases the market for CT and X-ray.
