The global 3D imaging market size was US$ 17.5 billion in 2021. The global 3D imaging market is forecast to grow to US$ 109.3 billion by 2030, registering a compound annual growth rate (CAGR) of 22.9% during the forecast period from 2022 to 2030.
Factors Influencing the Market
- Increasing demand for medical imaging is the primary factor driving the growth of the 3D imaging industry. Moreover, the increasing cases of chronic diseases and growing adoption of technologies in every segment will prompt the growth of the global 3D imaging market.
- The applications of 3D imaging technology in automation sectors and growing technological advancements will boost the growth of the global 3D imaging market during the forecast period.
- The 3D imaging market will see considerable expansion due to industrial automation and other major end-use industries like security & surveillance and architecture & engineering.
- The high cost of 3D imaging software and systems may limit the growth of the global 3D imaging market during the study period.
- The growing number of collaborations will offer ample growth opportunities for the market. In September 2020, GE Healthcare inked a partnership with Wipro and the Indian Institute of Science. In addition, the company also collaborated with Formlabs, CMR Surgical Ltd., and Decision Health in 2019. The partnership aims to enhance the existing services that are provided to the customers.
COVID-19 Impact Analysis
Due to the pandemic, the trade capacity declined severely. Thus, industries avoided purchasing high-cost technologies, which hampered market growth. In addition, disruptions in the supply chain further hampered the global 3D imaging market.
Regional Analysis
North America is forecast to hold dominance in the global 3D imaging market in terms of revenue. The growth of the market is attributed to the increasing number of R&D activities. In addition, the growing adoption of 3D technology and high healthcare expenditure will contribute to the growth of the market. Moreover, Asia-Pacific is predicted to grow at the fastest CAGR during the forecasted period, owing to rising investment in research and development and increasing government support.
Competitors in the Market
- Able Software
- Autodesk
- Bentley Systems
- Dassault Systemes
- GE Healthcare
- Google Inc.
- HP
- Lockheed Martin
- Maxon
- Panasonic.
- Other prominent players
Market Segmentation
The global 3D imaging market segmentation focuses on Component, Deployment, Organization, Vertical, and Region.
By component
- Solutions
- 3D modeling
- 3D scanning
- 3D layout and animation
- 3D visualization and rendering
- Hardware
- Services
- Managed Services
- Profession Services
- Consulting
- Deployment and Integration
- Support and Maintenance
By deployment mode
By organization size
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
By vertical
- Aerospace and Defense
- Automotive and Transportation
- Manufacturing
- Healthcare and Life Sciences
- Architecture and Construction
- Media and Entertainment
- Retail and Consumer Goods
- Others (Energy and Utilities, Education, Agricultural irrigation, and BFSI)
Based on region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America