Latest News - 3D Imaging Market: Large enterprise is expected to lead the End-user segment during 2024-2028

The 3D Imaging Market is being driven by Increasing product launches

The 3D Imaging Market is expected to grow at a CAGR of 23.34% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 61.4 billion. The global 3D imaging market is witnessing a surge in strategic collaborations and mergers and acquisitions (M&A) activities. Vendors are partnering with other companies and research institutions to innovate new 3D imaging technologies, broaden their product portfolios, and extend their distribution channels. An illustrative instance is Alma Medical Pvt Ltd's collaboration with Contextflow GmbH in January 2022. This partnership aims to integrate Contextflow's advanced algorithm for recognizing and interpreting lung-specific image patterns in CT scans into Alma's digital health platform. This artificial intelligence (AI) solution, which will be accessible to hundreds of radiologists, is anticipated to significantly boost their efficiency and productivity. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Large enterprise
  • SMEs
• Application
  • Healthcare
  • Industrial
  • Media and entertainment
  • Defense
  • Others
• Geography
  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
  • APAC
    • China
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing product launches
• Increasing use of virtual reality (VR) devices in the healthcare industry
• Increasing adoption of mobile remote surveillance in locations with limited infrastructure

However, the market also witnesses some limitations, which are as follows:

• High initial costs of 3D imaging equipment
• Lack of uniform or formal standards in additive manufacturing
• Inadequate technology infrastructure in developing and underdeveloped countries

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Market Scope in 3D Imaging Market Research Report

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Research Analysis Overview

The 3D imaging market is experiencing significant growth due to the increasing demand for high resolution images in various industries. The use of 3D imaging technology in TV shows and the entertainment industry has brought three dimensional images into mainstream media, creating a buzz around this innovative technology. 3D imaging is not just limited to amusement and design and designing, but also finds applications in security and observation, mechanical applications, and medical services. In the automotive industry, 3D imaging is used for manufacturing and engineering, while in architecture and construction, it is used for creating realistic models and plans. Hospitals utilize 3D imaging for surgical planning, diagnostics, and anatomical visualizations. Environmental science benefits from 3D image sensors and motion cameras for studying wildlife and natural phenomena. The technology is also used in educational institutions to create interactive learning experiences. Overall, the 3D imaging market is a diverse and expanding field, with applications in media, manufacturing, healthcare, and more. The use of screens, cameras, and optical illusion techniques continues to push the boundaries of what is possible with 3D imaging technology.

Market Research Overview

The 3D Imaging Market falls under the expansive IT software sector, specifically within the systems software category. This market encompasses organizations specializing in the creation and distribution of application and systems software, excluding those focused on home entertainment. According to Technavio's market analysis, the global systems software market size is determined by the consolidated revenue of companies providing various types of systems software, including cloud-based solutions. This market segment includes application development and management software, cloud computing software, data center solutions, IT management software, mobility software, networking software, security software, and storage software. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/