04-12-2018 02:07 PM CET - Media & Telecommunications
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Reason: Why 3D imaging technology is best

Press release from: Progressive Markets
PR Agency: Progressive Markets
3D imaging market
3D imaging market
The global market was valued at USD $3,864.8 million in 2014 and is likely to reach USD $41,260.8 million in 2025, growing at a CAGR of 24.54% during the forecast period, 2018-2025 according to Progressive Markets report, 3D Imaging Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025

The study offers an in-depth analysis of the 3D imaging market for the historic period, 2014-2017 and the forecast period, 2018-2025. It encompasses the market size, market share analysis, market drivers and restraints, Porters analysis, key industry segments, market trends, and company profiles. The data in the report is a result of an extensive market research with valuable opinions from industry experts. The report is a useful tool for market players, investors, and new entrants as it helps them strengthen their position in the international market and devise strategies to survive and grow.

The report provides an executive summary of the global 3D imaging industry to help market players, new entrants, and investors gain an understanding of the overall market conditions and determine strategies for growth and sustaining their businesses. Key findings are outlined in the study to assist market players to determine investment feasibility. Market attractiveness and trends analysis are also included in the report. The competitive landscape is provided to help industry players determine the level of competition prevailing in the industry and take decisions to gain a competitive edge.

The market landscape of the global 3D imaging industry is offered based on the growth drivers, restraints and challenges, Porters analysis, and market share analysis. The drivers and restraints determine the rise and fall of the market. Factors such as the growing employment of 3D imaging technology in ultrasound and magnetic resonance imaging and various technological advancements such as introduction of 4D which facilitates efficient real-time visualization of the human body, while minimizing the distortion for the patient. Growing use of 3D imaging in smartphones, cameras, televisions, etc. is expected to drive the market. Moreover, use of 3D imaging software in the automation industry is also expected to fuel the market demand. Nonetheless, the high cost of 3D imaging software and solutions is impeding the growth of the industry. The Porters Five Forces model is provided in the study to determine the level of competition in the market across the globe. The analysis is offered based on the bargaining power of buyers, bargaining power of suppliers, the threat of new entrants, the threat from substitutes, and industrial rivalry.

The report offers a detailed segmentation of the global 3D imaging market based on type, application, industry vertical, and geography. Based on type, the market is divided into 3D cameras, sonography, smartphone, and others. The sonography segment is expected to grow at a CAGR of 24.84% during the forecast period. The 3D cameras segment is likely to reach $17,566.3 million in 2025. Based on application, the market is divided into 3D modelling, 3D scanning, layout and animation, 3D rendering, and image reconstruction. The 3D modelling segment is likely to grow at a CAGR of 24.90% from 2018 to 2025. The 3D scanning segment is expected to reach $14,248.7 million by 2025. The layout and animation segment is likely to grow at a CAGR of 25.04% during the forecast period. Based on industry vertical, the industry is divided into healthcare, media & entertainment, sports, aerospace & defense, architecture, and others. Based on geography, the 3D imaging market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In North America, the market is analyzed across the U.S., Canada, and Mexico. In Europe, the market analysis covers UK, Germany, France, Spain, Italy, and the rest of Europe. The market study in Asia-Pacific covers China, Japan, India, Australia, South Korea, and the other parts of Asia-Pacific. The market analysis in LAMEA covers Brazil, Saudi Arabia, South Africa, and the rest of LAMEA.

The report provides a detailed analysis of key market players operating in the global 3D imaging market. An overview of each player is offered in the market study to help market players and investors gain a thorough understanding of the prevailing market competition and determine investment feasibility. In addition, financial and business segments of each player are provided. Recent developments by them are also discussed in the report. Key market players analyzed in the research include GE Healthcare, Google, Inc., Panasonic Corporation, Hewlett-Packard Corporation, Philips Healthcare, Konica Minolta, Inc., Lockheed Martin Corporation, Agilent Technologies, Able Software Corporation, and Tomtec Imaging Systems GmbH.

The company makes use of primary corporate research and secondary inputs from trusted sources to build its own reference base. It maintains consistency in quality as it keeps itself updated with changes in market dynamics and gauging its net effect on global business trends.

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