Global 3D Imaging Market Report and Forecast 2024-2032

Global 3D Imaging Market Outlook

The global 3D imaging market size reached approximately USD 28.04 billion in 2023. The market is projected to grow at a CAGR of 18.80% between 2024 and 2032, reaching a value of around USD 132.26 billion by 2032.

Key Takeaways

• The healthcare sector is a major driver of the market, with applications ranging from diagnostics to surgical planning.

• The integration of artificial intelligence and machine learning with 3D imaging is enhancing the capabilities of images.

• Advancements in 3D imaging technology, such as improved resolution, faster processing speeds, and enhanced software capabilities, are expanding its applications.

The term ‘3D imaging’ refers to the process of rendering a three-dimensional image on a two-dimensional surface with the aid of optical illusions of depth. Two still or motion camera lenses that are at a slight distance apart are used for creating the three-dimensional image.

A key factor fuelling the 3D imaging market growth is its rising usage in the entertainment and media sectors. The popularity of realistic and immersive virtual environments and visual effects is boosting the utilisation of 3D imaging in entertainment and media end uses. The increasing use of 3D imaging in healthcare and life sciences is also a major factor surging the demand for 3D imaging. The use of 3D imaging enhances visualisation, clarity, and accuracy in healthcare and life sciences, enabling visual portrayal of internal organs, and thereby improving outcomes.

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Key Trends and Developments

Expansion in education and research; technological advancements and incorporation of novel technologies; and increased use in retail and e-commerce are the major trends impacting the 3D imaging market expansion

July, 2024

GeoCue, a leading geospatial solutions provider for LiDAR mapping hardware and software, announced the release of three new high-end TrueView 3D Imaging Systems.

March, 2024

Nvidia announced a new research initiative called LATTE3D, which aims to transform text inputs into 3D renderings of various objects and animals in just seconds.

February, 2024

PIUR IMAGING announced the release of the PIUR tUS Infinity 4 for Thyroid, which represents a significant advancement in tomographic 3D ultrasound imaging technology.

February, 2024

Philips announced that it has partnered with Synthetic MR to provide innovative AI-powered quantitative brain imaging in MR, enhancing neurology care for patients.

Expansion in education and research

3D imaging is becoming more prevalent in educational institutions and research organisations for teaching, visualisation, and experimentation purposes.

Technological advancements and the incorporation of novel technologies

Improvements in equipment in 3D imaging market such as 3D scanners, software, and hardware, are aiding in the production of more realistic and accurate 3D images.

Integration with artificial intelligence (AI)

The integration of AI with 3D imaging technologies is enhancing the capabilities of 3D imaging systems, enabling more accurate analysis and interpretation of 3D data.

Increased use in retail and e-commerce

3D imaging is being used in the retail sector for product visualisation, allowing customers to view products in 3D before making a purchase.

3D Imaging Market Trends

Technological advancements in equipment such as 3D scanners, software, hardware, and cameras play a crucial role in producing more realistic and accurate 3D images. For instance, modern 3D scanners are equipped with advanced sensors and optics that capture detailed geometric information of objects or environments. High-resolution scanners can capture even the most minute details, resulting in highly accurate 3D models. Additionally, the speed of scanning has improved, allowing for quicker data acquisition.

Growing collaboration and partnership between market players to develop innovative solutions is fuelling the growth of the 3D medical imaging market. Philips, a global leader in health technology, announced a partnership with Synthetic MR, a company specialising in medical imaging software, in February 2024 to integrate Synthetic MR's artificial intelligence (AI)-powered quantitative brain imaging technology into Philips' magnetic resonance (MR) systems. This innovative approach is expected to enhance neurology care for patients by providing more precise and detailed brain imaging.

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Market Segmentation

“3D Imaging Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Component

• Software

• Hardware

• Services

Market Breakup by Organisation Size

• Large Enterprises

• Small and Medium Enterprises

Market Breakup by Deployment

• On-Premise

• Cloud

Market Breakup by Application

• 3D Modelling

• 3D Scanning

• Layout and Animation

• 3D Rendering

• Image Reconstruction

Market Breakup by End Use

• Automotive and Transportation

• Healthcare and Life Sciences

• Architecture and Construction

• Media and Entertainment

• Security and Surveillance

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

The hardware segment maintains its dominance in the market due to the growing prominence of 3D imaging hardware in healthcare and gaming sectors, among others

Hardware accounts for a sizable share of the 3D imaging market, supported by the rising demand for 3D imaging hardware components in the healthcare sector, such as ultrasound systems, MRI, CT, and X-ray devices. For a complete range of 3D imaging capabilities, more healthcare centres, clinics, and hospitals are investing in multiple 3D imaging hardware components. Meanwhile, the expanding gaming sector is also boosting the demand for hardware components, further propelling the growth of the market. This can be attributed to rising requirements for visual imaging devices that aid in providing users with 3D gaming experiences.

The software segment is anticipated to gain sizeable growth in the market in the coming years. The software enables the processing and analysis of 3D data, which is essential for applications like medical imaging, where precise measurements and interpretations are crucial.

Healthcare and life sciences sector account for a major 3D imaging market share due to the wide range of applications of 3D imaging in this sector

The healthcare and life sciences sector holds the highest share of the market. The use of 3D imaging in healthcare is extensive, ranging from diagnostic imaging (MRI, CT scans, ultrasound) to surgical planning and personalised medicine. The demand for advanced imaging techniques for early diagnosis and treatment planning is a significant driver for the growth of 3D imaging in this sector. There is an increasing preference for non-invasive or minimally invasive medical procedures, which rely heavily on advanced imaging techniques to guide the procedures and assess their outcomes.

As per the 3D imaging market analysis, automotive and transportation sectors are expected to grow at a sizeable rate in the forecast period. 3D imaging is increasingly used in the design and manufacturing of vehicles, as well as in autonomous driving systems and safety features. The push towards electric vehicles and autonomous driving technologies has further fueled the demand for advanced 3D imaging solutions in this sector.

Competitive Landscape

The 3D imaging market players are introducing novel technologies to stay ahead in the competition, further increasing their collaboration efforts to meet the evolving regulatory landscape

GE HealthCare Technologies Inc., established in 1892 and based in Illinois, United States, is a global leader in infusing innovation with patient-focused technologies.

TOMTEC Imaging Systems GMBH is a medical equipment manufacturing company that was founded in 1990 and is headquartered in Munich, Germany and specialises in products such as information management software.

Planmeca OY is a medical device company that was established in 1971 and is based in Helsinki, Finland. It is known for providing advanced dental technology and medical devices.

Koninklijke Philips N.V. is a multinational conglomerate which was initially focused on the production of light bulbs but has grown into a diverse company with a wide range of products.

Other players in the 3D imaging market report include Ajile Light Industries, Olympus Corporation of the Americas, EOS Imaging, Siemens Healthineers AG, and FARO Technologies, Inc., among others.

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3D Imaging Market Analysis by Region

North America is projected to hold a significant share of the market in the upcoming years, fuelled by the early adoption of 3D imaging technologies, rising consumer demand, and increasing incorporation into various end uses. Rising investments in research and development activities by the key market players in the region are further expanding the potential of the 3D imaging market development. The automotive and aerospace sectors in North America extensively use 3D imaging for design, prototyping, and quality control. The demand for precision and efficiency in these industries drives the adoption of 3D imaging technologies.

The Asia Pacific region is also anticipated to witness rapid growth in the 3D imaging market, attributable to rising demand from healthcare, manufacturing, and entertainment sectors. Increasing awareness and expansion of key market players are also anticipated to support the growth of the market for 3D imaging in the Asia Pacific.

Key Highlights of the Report