3D Imaging Market Size, Share & Industry Analysis, By Component (Hardware, Software, Service), By Deployment (Cloud, On-premise), By Organization Size (Large Enterprises, Small & Medium Enterprises), By Industry (Healthcare, Manufacturing, Government, Media & Entertainment) And Regional Forecast, 2024-2032
KEY MARKET INSIGHTS
The 3D imaging technology assist users to develop or create the illusion of depth in an image. 3D imaging has become integral part of healthcare sector as many recent developments has been done over years. For instance, in February 2021, UMass Lowell and team developed and launched an advanced 3D imaging technique. The 3D imaging technique assist users in detecting diseases such as breast cancer, COVID-19 symptoms and other chronicle illnesses. The technology uses specialized constraint dye that identify breast cancer cells. 3D imaging technology is used in various applications such as 3D gesture recognition, 3D scanning, 3D modeling and rendering and other. The technology provides wide range of application in industries such as healthcare, media & entertainment, security and surveillance, defense, manufacturing and other. The technology has become useful factor for industrial applications to assist the quality control of the process taking place.
The advancement in 3D sensors, display technologies for high resolution visualization, and rising adoption of 3D techniques, are considered as few key drivers for the growth of the market. Also, factors such as increasing adoption of smart devices and rising demand for 3D imaging tools and services across manufacturing and industrial automation sectors, is expected to drive the growth of the market.
Key Market Driver -
• The driving factor for the market are rising adoption of display technologies for high resolution visualization and 3D image sensors. • The growing demand of 3D accelerometers in smart devices, and gaming consoles is expected to propel the growth of the market. • Increasing investment for research and development (R&D) process will drive adoption.
Key Market Restraint -
• High deployment and maintenance cost of services, solutions and hardware. • 3D Glasses vary in performance
Key Players Covered:
Key players operating in the market are Microsoft Corporation, Panasonic Corporation, Sony Corporation, Apple Inc., Visage Imaging, Philips, Trimle, FARO, Google LLC, Adobe, HP, Dassault Systemes, GE Healthcare, Autodesk, STMicroelectronics, Lockheed Martin Corporation, Topcon, Able Software, Pix4D, Pixologic, Bentley Systems, among others.
Key companies in the market are focused on expanding their product portfolio, by investing in various business strategies. For instance, in September 2020 Analog Device collaborated with Microsoft Corp. to increase production of Microsoft’s 3D time-of-flight (ToF) sensors. The sensors are deployed in various application and assist users to create high performance 3D applications.
Regional Analysis:
North America is anticipated to capture the largest market share in 3D imaging market during the study period. The region is witnessing significant growth owing to ongoing development made by key players in countries such as U.S. and Canada. Key players in the region are offering customized solutions such as 3D scanning, 3D modeling, 3D layout, 3D animation, 3D rendering and others to the end user. For instance, in November 2020, Visage Imaging Inc., launched upgraded version of Visage 7 live connect, an enterprise imaging platform. The platform makes real time communication easy for end-uses. Using which radiologists will be able to securely collaborate and share images.
Asia Pacific is anticipated to be fastest growing region in the market. The growth in the region is mainly owing to rising demand for 3D imaging solutions in healthcare and manufacturing sector. Country including Japan, South Korea, India, China among others, are highly investing in industries such as manufacturing, healthcare and other, to adopt 3D imaging solutions.
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Segmentation
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Key Industry Developments
- In February 2021 – GeoCue launched hybrid 3D imaging system (3DIS) series, True View 515. The product is designed for dense vegetation penetration applications and Lidar wire extraction.
- In October 2020 – Hologic launched 3DQuorum imaging technology, powred by Genius AI platform. This imaging technology helps in improving workflow and mammography efficiency.
- In June 2020 – Researchers at University of Illinois developed an advanced technique “harmonic optical tomography” which facilitates the tissues and other biological samples on very small scale.
- Ongoing
- 2023
- 2019-2022
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