3D Imaging Market Size is Expected to Reach at USD 172.5 Billion by 2032, registering a CAGR of 18.3%, Owing to Growing Demand in Healthcare Industry
The Global 3D Imaging Market Size is predicted to reach USD 172.5 Billion by 2032 from USD 32.8 Billion in 2022, at a CAGR of 18.3% between 2023 and 2032, as per the Acumen Research and Consulting
The global 3D imaging market is projected to grow significantly in the coming years due to the growing adoption of 3D technology in various industries such as healthcare, automotive, and entertainment. Advances in technology, such as the development of more advanced 3D sensors, cameras, and software, are driving the industry. Furthermore, the growing demand for 3D imaging in fields such as virtual and augmented reality, 3D printing, and non-destructive testing is fueling the market growth. Other global 3D imaging market trends include the expanding usage of cloud-based services, the emergence of 5G technology, and the increasing adoption of artificial intelligence and machine learning in 3D imaging applications.
3D Imaging Market Statistics
- Global 3D imaging market value was worth USD 32.8 Billion in 2022, with a 18.3% CAGR from 2023 to 2032
- North America 3D imaging market share occupied around 35.8% in 2022
- By deployment, the on-premise segment capture over 76% of total market share in 2021
- Siemens is one of the world's largest 3D imaging companies
- Increasing use in media and entertainment, propel the 3D imaging market revenue
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3D Imaging Market Trends
3D imaging is the process of creating a three-dimensional representation of an object or scene utilizing specialized equipment such as 3D scanners, cameras, and software. The generated image can be utilized for a wide range of applications, including product design, architectural visualization, medical imaging, and entertainment.
The healthcare industry is one of the major adopters of 3D imaging technology for medical diagnosis, surgical planning and treatment, and medical education. 3D imaging is utilized in the entertainment business to provide more realistic and immersive experiences in films, video games, and theme parks. 3D imaging is also used in the automobile industry for car design, prototyping, and testing, as well as virtual reality-based training.
Another trend that is predicted to fuel market expansion in the future is the rising usage of artificial intelligence and machine learning in 3D imaging applications. These technologies are being utilized to increase the accuracy and efficiency of 3D imaging systems, as well as to develop new applications in fields like autonomous vehicles and smart manufacturing. Additionally, the growing use of cloud-based services and the development of 5G technology are likely to fuel market expansion.
3D Imaging Market Segmentation
Acumen Research and Consulting has segmented the global 3D imaging market by component, organization size, deployment, and end-use.
- Based on the component, the market is categorized into software (3D modeling, 3D scanning, 3D visualization and rendering, and 3D layout and animation), hardware (3D sensors and 3D display), and services (managed services and profession services (deployment and integration, consulting, and support and maintenance)).
- Based on the organization size, the industry is divided into large enterprises, and small and medium-sized enterprises.
- Based on the deployment, the market is classified into on-premise, and cloud. According to the 3D imaging market forecast, the cloud segment is estimated to grow significantly over the next several years.
- Based on the end-use, the market is bifurcate into automotive and transportation, healthcare and life sciences, manufacturing, security & surveillance, media and entertainment, architecture and construction, and others.
3D Imaging Market Regional Overview
Geographically, the global 3D imaging market can be divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia-Pacific market is predicted to grow at the fastest CAGR throughout the forecast period, according to a 3D imaging industry analysis. Factors such as expanding 3D technology used in numerous sectors, a greater emphasis on research & development activities, and more investments in the 3D imaging market are propelling the Asia-Pacific market forward. China and Japan are the key contributors to the Asia-Pacific 3D imaging market growth. The Asia-Pacific healthcare industry is rapidly adopting 3D imaging technology for medical diagnosis, surgical planning, and treatment. In addition, 3D imaging technology is increasingly being used in the automobile sector for car design, development, and testing, as well as virtual reality-based training.
Furthermore, the market for 3D imaging in Asia-Pacific is expanding as a result of the region's increased emphasis on research and development operations. Governments in the region are investing extensively in R&D to create new and advanced 3D imaging technology. This is resulting in the introduction of new goods and solutions to the market, which is driving the market growth.
3D Imaging Market Players
Some of the prominent 3D imaging market companies is General Electric, Koninklijke Philips N.V., PLANMECA OY, Siemens Healthcare GmbH, EOS Imaging, eCential Robotics, INTRASENSE, OLYMPUS CORPORATION, FARO, Ajile Light Industry, and TomTec Imaging Systems GMBH.
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