PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1477148
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1477148
3D Imaging Market size was valued at USD 35,572 million in 2023, expanding at a CAGR of 17.60% from 2024 to 2032.
3D imaging is a technique used to create or represent three-dimensional images of objects or scenes. Unlike traditional 2D imaging, which captures only height and width, 3D imaging also includes depth, providing a more comprehensive view. Growing applications across various industries including healthcare, entertainment, automotive, and construction are fueling the demand for 3D imaging solutions. However, with the proliferation of 3D imaging data, concerns about data security, privacy, and potential misuse become more significant, especially in sensitive industries like healthcare and defense.
3D Imaging Market- Market Dynamics
Increasing need for 3D imaging technologies in the healthcare sector
3D imaging techniques, such as MRI (Magnetic Resonance Imaging), CT (Computed Tomography), and ultrasound, provide more detailed and comprehensive images compared to traditional 2D imaging. This allows healthcare professionals to visualize internal structures with greater accuracy, leading to improved diagnosis and treatment planning. In October 2022, the FDA approved collaborative 3D imaging software and commercialized it through a combination of enterprise partnerships and distribution agreements. Hence, the increasing need for 3D imaging technologies in healthcare reflects a growing recognition of their immense potential to improve patient care and drive advancements in medical research and innovation.
3D Imaging Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 17.60% over the forecast period (2024-2032)
Based on component segmentation, hardware was predicted to show maximum market share in the year 2023
Based on organization size segmentation, large enterprises were the leading type in 2023
Based on deployment type segmentation, the cloud was the leading type in 2023
Based on end user segmentation, healthcare was the leading type in 2023
Based on region, North America was the leading revenue generator in 2023
The Global 3D Imaging Market is segmented based on Component, Organization Size, Deployment Type, Technology, End User, and Region.
The market is divided into seven categories based on end-user: 3D imaging has become increasingly valuable in healthcare due to its ability to provide detailed and accurate representations of anatomical structures, aiding in diagnosis, treatment planning, and medical education. 3D imaging has revolutionized healthcare by providing clinicians with advanced tools for diagnosis, treatment planning, and patient care.
The market is divided into two categories based on deployment type: Cloud platforms offer virtually unlimited scalability, allowing organizations to handle large volumes of data generated by 3D imaging technologies without worrying about infrastructure limitations. Cloud-based solutions enable access to 3D imaging data from anywhere with an internet connection.
3D Imaging Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
It is projected that North America will lead the 3D imaging industry. Elements such as the presence of important industry suppliers and the growing uptake of state-of-the-art technologies are driving market expansion in the region. The region of Asia Pacific is expected to expand at the highest CAGR over the projection period. Most of the growth in the manufacturing, media and entertainment, healthcare, and automation sectors is linked to the growth of the regional market. Because of the potential for growth in these areas, Asia Pacific nations like China, Japan, and India have boosted their investments.
Prominent industry participants are making significant R&D investments to broaden their product offerings, hence contributing to the 3D Imaging market's continued expansion. To increase their market share, market players are also engaging in a range of calculated strategic actions. Notable developments in this regard include the introduction of new products, contracts, mergers and acquisitions, increased investment, and cooperation with other businesses. For instance, in June 2023, GE HealthCare entered into a distribution agreement with DePuy Synthes*, the Orthopaedics Company of Johnson & Johnson, to bring GE HealthCare's OEC 3D Imaging System. Major players in the 3D Imaging market, including GE Healthcare Inc., Agilent Technologies, Konica Minolta Inc., Google Inc., Panasonic Corporation, Philips, Healthcare Informatics Inc., and Able Software Corporation, are taking initiatives to drive the 3D imaging market.
In April 2024, Teledyne e2v, a Teledyne technologies company, and Airy3D a leading 3D vision solution provider announced a new technology and design collaboration. This partnership with Airy3D aims to develop a cutting-edge, low-cost, low-power, passive 2-megapixel global shutter sensor capable of producing both 2D images and 3D depth maps.
GLOBAL 3D IMAGING MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
General Electric
TomTec Imaging Systems GMBH
PLANMECA OY
Ajile Light Industry
OLYMPUS CORPORATION
EOS Imaging
Siemens Healthcare GmbH
INTRASENSE
eCential Robotics
FARO
Koninklijke Philips N.V.
Others