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3D Imaging Can Save Life of Patients by Minimizing Exploratory Surgery, And Reducing Operating Time

Global 3D Imaging Market is expected to reach $26 billion by 2024 from $5 billion in 2016
Kavya Borgaonkar | 13.04.2018
© Kavya Borgaonkar
Global 3D Imaging Market is expected to reach $26 billion by 2024 from $5 billion in 2016; growing at a CAGR of 23.7% from 2016 to 2024. In geographical segments, Asia Pacific and RoW are expected to grow at a CAGR of 25.1% and 24.1%, respectively, during the forecast period 2016-2024.
Demand for high quality resolution and 3D displays will drive the market
Global 3D imaging market trends are rise in demand for 3D displays, and technological advancements in electronics industry. Though, high cost associated with 3D imaging solutions may hamper the market growth. Additionally,gesture recognition in HVAC systemswould provide a growth opportunity in the 3D imaging market industry.
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Market Segmentations
The global 3D imaging market has been bifurcated into application,product type, end-use industry, and geography. Product type segment comprises 3D imaging cameras, sonography,smartphone and other products. Moreover, application includes 3D scanning, 3D rendering, layout & animation, 3D modeling,and image reconstruction.End-use industry is further categorized into industrial applications, healthcare,entertainment,architecture & engineering, security & surveillance and other applications.Global 3D imaging market by geography is classified into North America, Europe, Asia-Pacific and Rest of the world (RoW).
3D imaging in surgery will increase the demand of 3D imaging in healthcare sector
Healthcare industry will dominated the end use segment with highest market share in 2016 and expected to remain the highest from 2016 to 2024. The market is driven by increasing adoption of 3D imaging in radiology, 3d imaging in surgery.
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Rise in awareness regarding various disease in emerging countries will support the growth of Asia-Pacific market
Asia Pacific is anticipated to grow at a fastest CAGR from 2016 to 2024, owning to growing awareness regarding various disease and better-quality healthcare infrastructure in countries like South Korea, Japan, and Australia, among others. North America held the highest market share of the market with 36.5% followed by Europe with 32%, in the year 2016.United States and Canada are witnessing the significant growth in North America.
Competitive Landscape
The major market players are Siemens Healthcare,Stemmer Imaging Ltd., Apple Inc., Toshiba America Medical Systems Inc., Google Inc., GE Healthcare Company, Sony Corporation, Microsoft Corporation, North Grumman Corporation, and Konica Minolta, Inc.,among others.
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Scope of 3D Imaging Market
Product Type Segments
• Sonography
o Sonars
o Ultrasound
o 3D Cameras
 Time Of Flight
 Stereo Vision
 Structured Light
 Smartphone
 Others
Image Sensors Segments
• CMOS
• CCD
Application Segments
• 3D Scanning
• Layout & Animation
• 3D Modeling
• 3D Rendering
• Image Reconstruction
End-Use Industry Segments
• Architecture & Engineering
• Industrial Applications
• Entertainment
• Healthcare
• Security & Surveillance
• Others
Geography Segments
• North America
o US
o Canada
o Mexico
• Europe
o U.K.
o Italy
o France
o Germany
o Others
• Asia-Pacific
o China
o India
o Japan
o Others
• RoW
o South America
o Middle East
o Africa
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