3D Medical Imaging Services Market Expected to Reach $236,809 Million by 2023

3D medical imaging is a technique that creates visual representations of the interior body for medical analysis by utilizing 3D imaging modalities. 3D medical imaging enables the healthcare professionals to diagnose the ailments precisely by creating visual representations of the interior of the body. The global 3D medical imaging services market was valued at $149,492 million in 2016, and is expected to reach $236,809 million by 2023 at a CAGR of 6.7% during the forecast period.

The adoption of 3D medical imaging modalities has increased over the years owing to the upsurge in point-of-care imaging coupled with the rise in geriatric population & chronic diseases globally. However, the unfavorable reimbursement scenario and dearth of skilled professionals or radiologists practicing 3D imaging will hamper the market growth. Moreover, the untapped and developing countries such as India, China, Brazil and others will create lucrative opportunities in the market.

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The global 3D medical imaging services market is segmented on the basis of technique, application, end user, and region. On the basis of technique, the market is categorized into ultrasound, X-ray, magnetic resonance imaging (MRI), and others. X-ray segment is further segmented into radiography, computed tomography, and fluoroscopy. The applications covered in the study include oncology, cardiology, orthopedic, and others. Depending on end user, the market is fragmented into diagnostic centers, hospitals, and research centers. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global 3D medical imaging services market based on technique is bifurcated into ultrasound, X-ray, magnetic resonance imaging (MRI), and others. X-ray segment is further segmented into radiography, computed tomography, and fluoroscopy. Ultrasound is expected to be the fastest growing segment owing to the advantages such as possessing the ability to visualize real-time tissues & organs in 3D and can detect abnormalities such as heart irregularities among developing fetuses instantly. Moreover, 3D imaging is preferred over 2D ultrasound imaging for surgical tasks and complex procedures, owing to its accuracy and efficacy. Thus, driving the growth of global 3D medical imaging services market.
Based on application the market is segmented into oncology, cardiology, orthopedic, and others. Oncology is the fasting growing segment owing to the rise in cancer cases and the associated diagnosis procedures conducted. For instance, according to the American Cancer Society, 1,685,210 new cancer cases are estimated to be diagnosed in the U.S. every year.

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The 3D medical imaging services market based on region is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominated the 3D medical imaging services market in 2016 and is expected to retain its dominance throughout the forecast period. This is attributed to the well-established healthcare infrastructure and the increase in adoption of 3D medical imaging modalities across healthcare settings.

The report provides a comprehensive analysis of the key players operating in the global 3D medical imaging services market such as GE Company (GE Healthcare), Hitachi Ltd., Hologic, Planmeca, Materialise NV, Philips Healthcare, Siemens AG (Siemens Healthineers) and Carestream Health, The Esaote Group, and Canon Inc. Other players operating in the value chain are Esaote S.P.A, Fonar Corp., Fujifilm Corp., Hitachi Medical Corp, Mindray Medical International Ltd, and Neusoft Medical Systems Co. Ltd.

Key Benefits for Stakeholders

• The study provides an in-depth analysis with the current trends and future estimations of the global 3D medical imaging services market to elucidate the imminent investment pockets.
• Comprehensive analysis of the factors that drive and restrict the market growth is provided.
• The quantitative analysis of the industry from 2016 to 2023 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
• Extensive analysis of key segments of the industry is provided to understand the type of 3D medical imaging services used globally.
• Key players and their strategies are analyzed to understand the competitive outlook of the market.

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