A recent report published by Infinium Global Research on 3D medical imaging market provides an in-depth analysis of segments and sub-segments in the global as well as regional 3D medical imaging market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional 3D medical imaging market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global 3D medical imaging market. According to the report, the global 3D medical imaging market is projected to grow at a CAGR of 9.8% over the forecast period of 2019-2025.
The 3D medical image provides information for 3D volume calculation, measurement, and quantitative analysis. 3D technology merged with medical imaging enables to take cross-section slices and combined them into a concise 3D visual of the area being scanned. Certain 3D display technologies currently under development can display these images with resolutions as high as 80,000 voxels (volumetric pixels), a factor of 10x higher resolution than commercially available 2D displays.
Rising research activities for the advancement of 3D imaging devices are fuelling market growth. Continuous development in features, image quality and function are one of the major factors driving the growth of the market. Advanced features of 3D enable medical experts to view the abnormality in the human body. Moreover, the rising prevalence of chronic disease and sport based injuries is also fueling the 3D medical imaging market. 3D imaging proven to be helpful in the precise detection of abnormalities developed by chronic disease such as cancer tumor, additionally 3D imaging enables to see the impact of the injury happened by road accidents or sport-based injuries. On the other hand, the high cost associated with the devices and lack of skilled personal can hamper the growth of the market. However, rising awareness about chronic diseases and early diagnosis of the disease will provide better opportunities to the market.
Geographically, the 3D medical imaging market is segmented into North America, Europe, Asia-Pacific, and RoW. Among these North America dominates the market and expected to stay on top in the forecast period, followed by Europe. The U.S accounted for the highest market share. Well established healthcare infrastructure and the presence of leading medical imaging companies are contributing to the growth of the market in this region. Furthermore, the rising number of diseases coupled with a high expenditure of the U.S citizens on healthcare are also some of the influential factors responsible to drive the growth of the 3D medical imaging market in this region. Asia-Pacific is expected to grow at the fastest rate over the forecast period owing to the development of healthcare facilities, increasing government initiatives and growing medical tourism in APAC countries. Japan has the highest market share in the 3D medical imaging market owing to the presence of digital companies catering to 3D medical imaging devices.
The report on global 3D medical imaging market covers segments such as product type, and end user. On the basis of product type, the sub-markets include MRI 3D images, ultrasound 3D images, and other products. On the basis of end user, the sub-markets include hospital, physical examination center, and other end user.
The report provides profiles of the companies in the market such as GE Healthcare, Siemens AG, Shimadzu Corporation, Koninklijke Philips N.V, Carestream, Toshiba Medical System Inc., Ziehm Imaging Inc., Aribex Corporation, Varian Medical Systems, Samsung Medison Co., Ltd., and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of 3D medical imaging market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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