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The 3D imaging market size is estimated to grow by USD 61.40 billion at a CAGR of 23.34% between 2023 and 2028. The growth of the market depends on several factors, including increasing product launches, increasing use of virtual reality devices in the healthcare industry, and the increasing adoption of mobile remote surveillance in locations with limited infrastructure. 3D imaging is the process of creating the illusion of depth in an image. Technological advances and the growth of specialized inspection techniques in industrial applications have enabled end-users to collect precise and timeless 3D data from objects for testing purposes by enabling their 3D images.
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The market share growth of the large enterprise segment will be significant during the forecast period. Large enterprises encompass organizations necessitating substantial resources, workforce, and significant capital infusion. Sectors like automotive manufacturing, iron and steel, and similar domains fall within the purview of large enterprises. In the context of expansive establishments, the utilization of 3D imaging processing proves instrumental in addressing intricate issues across diverse sectors including manufacturing, healthcare, aerospace, and automotive.
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The large enterprise segment was the largest and was valued at USD 12.30 billion in 2018. Utilizing 3D imaging yields optimal outcomes regardless of an object's complexity, delivering precise and high-resolution three-dimensional visuals applicable across medical, industrial, and consumer domains. This technology allows for multi-angle observation of objects of interest, facilitating analysis, measurement, and strategic planning. The pervasive adoption of these solutions across various sectors signifies its transformative influence on operational methodologies. Consequently, the expanding integration of this technology within large enterprises will substantially bolster this segment's growth within the market during the forecast period.
The healthcare segment includes the adoption of 3D imaging solutions for various applications in dentistry, forensics, and prosthetics. The surging demand for advanced technologies in these sectors is propelling the expansion of the market. Within dentistry, 3D imaging solutions find primary applications in capturing tooth and oral impressions for dental restoration processes. Moreover, cosmetic dentistry utilizes these solutions for crafting dental caps. The increasing customization of prosthetic devices, coupled with the growing prevalence of orthopedic and dental restoration procedures, will further stimulate the adoption of these solutions. Additionally, clinics and laboratories are increasingly integrating new tools and techniques for comprehensive full-body scans, bolstering the necessity for these solutions. These advancements are poised to drive the healthcare sector and consequently propel the market's growth during the forecast period.
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North America is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. In 2022, the dominant share of the market was held by North America. This region encompasses key markets including the US, Mexico, and Canada, and it is projected to experience substantial growth throughout the forecast period. The upswing is attributed to rising demand for 3D systems in sectors such as aerospace and defense, consumer electronics, and healthcare. The increased investments from both governments and industry players in additive manufacturing initiatives are expediting the advancement and uptake of these systems across the North American landscape.
Moreover, the application of new materials and the incorporation of these solutions into aerospace industry manufacturing processes have significantly bolstered this region's prominence in the global market. Moreover, the widespread utilization of these solutions for the production of diverse aerospace components is poised to propel the regional market's expansion during the forecast period.
The market is experiencing significant growth driven by various sectors such as theatre productions, healthcare, media and entertainment industry, automotive and transportation, and architecture and construction. As technology continues to advance, the demand for global supply chains and manufacturing plants to integrate 3D imaging into their operations is on the rise. In the healthcare and life sciences sector, 3D imaging technology has revolutionized clinical imaging and diagnostics. It enables high-definition representation of anatomical structures, aiding in more accurate treatment and diagnosis of chronic diseases. From MRI and CT scans to ultrasound systems and X-ray devices, 3D imaging provides detailed insights for medical professionals, enhancing patient care.
Meanwhile, in the media and entertainment industry, 3D imaging is utilized in the creation of motion pictures, animated films, and video games, offering viewers an immersive experience. The integration of artificial intelligence further enhances the 3D providing capabilities, enabling the production of high-resolution images and optical illusions. The automotive and transportation sector also benefits from 3D imaging technologies, facilitating modern automation and enhancing security and surveillance measures. With the use of motion cameras and 3D image sensors, vehicles can detect obstacles and navigate complex environments more effectively. In terms of market dynamics, collaborations, acquisitions, and mergers are common strategies among large enterprises and small and medium-sized enterprises to expand their 3D imaging capabilities. Additionally, advancements in R&D continue to drive technological developments, leading to the emergence of 4D technologies and smartphones equipped with 3D displays.
Increasing product launches is the major factor driving the market growth. The market is witnessing a surge in innovative advancements spanning various industrial sectors. These novel developments are poised to drive the adoption of these solutions among diverse end-users, including industries and others, by integrating new technologies and features. This influx of innovations also intensifies market competition, thereby stimulating innovation and distinctiveness.
For instance, in February 2021, GeoCue Group Inc. introduced the True View 515, the latest addition to its hybrid 3D imaging system (3DIS) series. Designed for applications involving dense vegetation penetration and laser imaging, detection, and ranging (LiDAR) wire extraction, these advancements are anticipated to propel the growth of the market throughout the forecast period. These developments cater to diverse sectors such as architecture and construction, theatre productions, manufacturing plants, and clinical imaging, offering high-definition representation and optical illusion. With applications ranging from consumer electronics like smartphones and tablets to healthcare facilities utilizing X-ray devices, ultrasound systems, and MRI machines, these technology continues to revolutionize industries like automotive, video games, and modern automation.
An increase in strategic collaborations and M&A is an emerging trend shaping market growth. The market is witnessing a tendency towards strategic collaborations and mergers and acquisitions. companies are progressively partnering with other firms and research institutions to foster the development of novel technologies, enrich their product portfolios, and extend their distribution networks. For instance, in January 2022, Alma Medical Pvt Ltd revealed a collaborative agreement with Contextflow GmbH, headquartered in Vienna, aiming to integrate its innovative algorithm designed for identifying and interpreting lung-specific image patterns in computed tomography (CT) scans into a novel digital health platform.
Moreover, this initiative will empower hundreds of radiologists to seamlessly incorporate this artificial intelligence tool into their clinical workflow, consequently enhancing their productivity. Such strategic collaborations and alliances are poised to energize the expansion of the market in the anticipated forecast period.
The lack of uniform or formal standards in additive manufacturing is a significant challenge hindering market growth. A formal standard signifies a specification endorsed by standard-setting bodies like the International Organization for Standardization (ISO) and the American Society for Testing and Materials (ASTM) International. Initially, additive manufacturing commenced without prescribed rules due to limited industry participants. However, as technology adoption surged, diverse challenges surfaced encompassing copyright concerns, industrial norms, prerequisites, and material utilization. Existing standards applicable to manufacturing, machining, and modelling lack compatibility with additive manufacturing, attributable to various factors.
For instance, a metal component fabricated by selective laser melting (SLM) possesses different properties from a similar component fabricated using electron beam melting (EBM). Thus, the lack of standardization among international organizations has resulted in the slow adoption of additive manufacturing in various industries, which, in turn, will impede the growth of the market during the forecast period, as 3D imaging is widely used in additive manufacturing.
The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Agilent Technologies Inc. - The company offers 3D imaging such as BioTek Gen5 software.
Canfield Scientific Inc. - The company offers 3D imaging such as VECTRA XT.
Canon Inc. - The company offers 3D imaging applications such as Infinix i C arm.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
3D Ultrasound Market: 3D Ultrasound Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Canada, Germany, China, India - Size and Forecast
3D Sensors Market: 3D Sensors Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, Japan, South Korea, Germany - Size and Forecast
3D Vascular Ultrasound Imaging Market: 3D Vascular Ultrasound Imaging Market by Application and Geography - Forecast and Analysis
The market spans diverse industries including engineering, environmental science, and anatomical visualizations, enabling advanced applications in surgical planning, prosthetic development, and architectural designs. Utilized by archaeologists for studying historical artifacts and environmental scientists for assessing ecosystems, 3D imaging supports prototyping and enhances conservation efforts through detailed terrain and ecological monitoring. With AR or VR technologies enhancing image processing and resolution, 3D imaging capabilities extend to medical diagnostics, neuroscience applications, and space exploration for studying celestial bodies. In the media industry, it enriches content creation and special effects, driving interactive experiences in gaming and movies with lifelike animations and immersive VR environments. The market's growth is bolstered by advancements in sensor technologies, robotics, and healthcare solutions like orthopedic implants and organ replicas, catering to aging populations and combating lifestyle diseases. Screens in hospitals, educational institutions, and for security and observation rely on high resolution images and three-dimensional image for enhanced medical services, educational tools, and immersive amusement experiences. These technologies play pivotal roles in mechanical applications, design and designing, ensuring effective visualization and monitoring across diverse sectors, including TV shows and public safety initiatives.
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Market Scope |
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Report Coverage |
Details |
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Page number |
196 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 23.34% |
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Market growth 2024-2028 |
USD 61.4 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
18.73 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 37% |
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Key countries |
US, China, Germany, Canada, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Agilent Technologies Inc., Canfield Scientific Inc., Canon Inc., GE Healthcare Technologies Inc., Guangzhou Frontop Computer Graphics Technology Co. Ltd., Hologic Inc., HP Inc., Infineon Technologies AG, Koninklijke Philips N.V., Medtronic Plc, Microsoft Corp., Olympus Corp., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Siemens Healthineers AG, Sony Group Corp., STEMMER IMAGING AG, STMicroelectronics International N.V., Trimble Inc., and Vatech Co. Ltd. |
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Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
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Customization purview |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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