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
3D display
3D sensors
Services
Managed Services
Profession Services
Consulting
Deployment and Integration
Support and Maintenance
By deployment mode
Cloud
On-premises
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