3D Imaging Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2021 – 2027
Report ID: GMI4909
3D Imaging Market size is estimated to grow at a significant rate during 2021 to 2027 due to the high demand for 3D imaging from the healthcare sector. Ultrasounds, X-rays, and other imaging tasks in the healthcare industry are accomplished with the use of 3D imaging. It helps in proper diagnostics, treatment, and surgical planning. 3D imaging technology has replaced various expensive diagnostic procedures by reducing operating time and the risk of complications by properly detecting the damaged tissue in the body. Advancements in 3D imaging are allowing healthcare professionals to access new angles with a very high-resolution owing to which it is becoming easier for doctors to detect diseases. With the world battling chronic diseases such as COVID-19, the demand for 3D imaging instruments from the healthcare sector will increase during the forecast period.
3D imaging instruments also experience a huge demand from the entertainment industry across the globe. With many 3D movies being filmed and released worldwide, the entertainment industry generates a huge demand for these instruments. With advancements in these instruments, the quality of 3D movies has improved significantly. 3D entertainment has also moved to 3D animated content, which is also seeing a huge rise in demand as it provides great entertainment. These contents can be viewed through an app or web. The main example of 3D animation content is Borgata, which provides a casino-like experience to its consumers through an app that has 3D animation content.
The 3D imaging software and systems are always criticized for being very expensive by consumers because of which consumers are reluctant in investing in 3D imaging software. The 3D Imaging market has witnessed a dip in the production of 3D television sets across the globe. The usage of this technology has resulted in an increased cost of the televisions, which does not give a good return on investment as customers are price sensitive. With high investments required, 3D imaging software and systems often consume a lot of power that also increases the overall cost of using these products. These are the major factors that are hampering the market growth.
Various industries, such as healthcare and entertainment, have been creating different opportunities for this 3D Imaging market as the need of every industry is different. The growing acceptance of Augmented Reality (AR) and Virtual Reality (VR) coupled with the new 4-D technology has proven to be a great opportunity for this sector. These advanced technologies can cater to the demands of the healthcare industry with higher visualization imaging and a much deeper understanding of diseases through different angles. In the case of the entertainment sector, these technologies can help in creating content that can be so realistic that it would be difficult to tell the difference between the physical world and the digital world.
The sonography segment in the 3D Imaging market will see the highest growth till 2027 as it will create a huge demand from the healthcare industry. Enhanced 3D ultrasound machines will aid in the proper diagnostics and real-time accurate visualization of the human body in the wake of the COVID-19 pandemic. The sonography segment will be followed by the 3D electronics segment. The increasing number of smartphone production across the globe will create a demand for the 3D electronics segment for high-resolution visualization of day to day life through the camera lens.
The demand for 3D Imaging market will be majorly from the North America as it is the most advanced region. North America has been the major adopter of various 3D imaging technologies in various industries such as healthcare, entertainment, gaming, and defense. The healthcare sector in this region will create a huge demand for these products on account of the ongoing research on the current COVID-19 pandemic. Asia Pacific will showcase a huge growth in the adoption of 3D technologies, which will be driven by the healthcare industry of the developing nations including India, Singapore, Japan, and South Korea.
Some of the major companies operating in the 3D Imaging market are Konica Minolta, Google Inc., Philips Healthcare, GE Healthcare, Panasonic INC, Agilent Technologies, and Tom Tec Imaging Solutions. The key industry leaders are focused on product innovations and strategic collaborations to create dominance over this market.
The 3D imaging market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2017 to 2027, for the following segments:
Market, By Component
- 3D sensing
- Image reconstruction
Market, By Deployment Mode
Market, By End-use
- Security & surveillance
- Media & entertainment
- Aerospace & defense
- Architecture & construction
The above information has been provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Australia & New Zealand (ANZ)
- South East Asia
- Latin America
- Saudi Arabia
- South Africa
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