Press Release

3D Medical Imaging Devices Market Size to Witness CAGR of 13.7% from 2019-2025
October 2020

3D Medical Imaging Devices Market Size to Witness CAGR of 13.7% from 2019-2025

According to iCognition Insights, the global 3D medical imaging devices market size is estimated to be USD 16.44 billion in 2019. Advances in 3D imaging techniques, increasing geriatric population, and rise in road accidents are major factors that boost market growth. Also, demand for 3D medical imaging is rising due to the increase in government & private investments in this sector. However, high capital cost coupled with maintenance expenses and lack of skilled personnel are some of the factors hindering the growth.

Based on device type, the 3D medical imaging devices market is segmented into X-ray, nuclear imaging, Magnetic Resonance Imaging (MRI), Computed Tomography (CT) scans, and ultrasound. On the basis ofapplication, the market is categorized into oncology, cardiology, and orthopedic. By solution, the market is categorized into 3D scanning, rendering, and modelling.

North America was the highest revenue-grossing segment of the global market in 2019 and is projected to maintain its dominance during the forecast period. This is attributed to the well-developed healthcare infrastructure, growing number of road accidents & sport injuries, favourable reimbursement scenario, and rising prevalence of cancer & chronic diseases in this region. Asia Pacific is projected to exhibit the fastest CAGR over the forecast period.

Some of the major players in the 3D medical imaging devices market are Siemens Healthineers (Germany); Philips (Netherlands); Shimadzu Corporation (Japan); Canon (Japan); EsaoteSpA (Italy); GE Healthcare Ltd. (U.S.); Hitachi Medical Systems (Japan); Del Medical Systems Inc. (U.S.); and DigiRad Corporation (U.S.).

3D Medical Imaging Devices Market: Key Datapoints-

  • Technological advancements in 3D imaging and rising demand for point-of-care imaging are key factors propelling the market growth
  • Ultrasound segment is projected to grow at a lucrative CAGR during the forecast period due to new product launches featuring compact & user-friendly designs
  • In 2019, the orthopedic segment accounted for the highest revenue share due to the rapid increase in road accidents and sport injuries.
  • 3D modelling segment is anticipated to witness a significant growth over the forecast period due to rising use of 3D anatomical model in surgical procedures
  • Asia Pacific is projected to exhibit the fastest CAGR over the forecast period owing to rising number of geriatric population, growing prevalence of musculoskeletal diseases, increasing medical tourism, and developing healthcare infrastructure in this region
  • Some of the major players in the 3D medical imaging devices market are Siemens Healthineers; Philips; Shimadzu Corporation; Canon; EsaoteSpA; GE Healthcare; Hitachi Medical Systems; Del Medical Systems Inc.; and DigiRad Corporation

3D Medical Imaging Market Scope-

3D Medical Imaging Devices Market, By Device Type (Revenue 2017-2025, USD Billion)

  • CT Devices
  • X-ray Devices
  • MRI Equipment
  • Ultrasound Systems

3D Medical Imaging Devices Market, By Application (Revenue 2017-2025, USD Billion)

  • Cardiology
  • Oncology
  • Orthopedic

3D Medical Imaging Devices Market, By Solution (Revenue 2017-2025, USD Billion)

  • 3D Scanning
  • 3D Rendering
  • 3D Modelling

3D Medical Imaging Devices Market, By Region (Revenue 2017-2025, USD Billion)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA

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3D Medical Imaging Devices Market