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Soaring Demand Set to Propel 3D Medical Imaging Devices Market to $18.68 Billion by 2029
Soaring Demand Set to Propel 3D Medical Imaging Devices Market to $18.68 Billion by 2029Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the 3D Medical Imaging Devices Market Through 2025?
There has been a robust growth observed in the market size of 3D medical imaging devices in the past few years. The market which was worth $12.45 billion in 2024 is predicted to increase to $13.35 billion in 2025, projecting a compound annual growth rate (CAGR) of 7.3%. Factors such as enhanced diagnostic precision, less invasive methods, an aging demographic, and tailor-made medical treatment have contributed to the historical period growth.
What's the Projected Size of the Global 3D Medical Imaging Devices Market by 2029?
The market size for 3D medical imaging devices is projected to experience robust growth in the near future. Its value is anticipated to reach $18.69 billion by 2029 with a compound annual growth rate (CAGR) of 8.8%. This predicted growth in the coming period is due to factors such as the expansion of emerging markets, regulatory backing, the advent of artificial intelligence (AI) and machine learning, and prompt diagnosis and intervention. Noteworthy developments expected during this forecast period encompass liquid biopsies, multi-omics methodologies, point-of-care testing, and campaigns for screening and swift intervention.
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Top Growth Drivers in the 3D Medical Imaging Devices Industry: What's Accelerating the Market?
The rise in injuries, particularly those related to sports, is facilitating the growth of the 3D medical imaging market. This surge in sports injuries can be attributed to a growing number of people participating in both organized and informal sporting events. Furthermore, high-intensity and high-load training sessions for athletes often lead to increasingly severe injuries. Most sports injuries involve damage to the soft tissue, which can be accurately and objectively diagnosed using 3D medical imaging devices like ultrasound diagnostics, X-ray radiography, and MRI imaging. These devices are instrumental in evaluating injuries to the muscle fascia, tendons, ligaments, meniscus, articular cartilage, and bone fractures. The Centre for Disease Control and Prevention estimates that there are 775,000 emergency room visits resulting from injuries in children participating in both organized and unorganized sporting activities. Therefore, the growing need for 3D medical imaging devices propels the market's expansion.
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What Trends Will Shape the 3D Medical Imaging Devices Market Through 2029 and Beyond?
Manufacturers of 3D medical imaging devices are progressively investing in Artificial Intelligence (AI) to enhance diagnosis with precise, numerical data. AI optimizes medical imaging, notably in identifying organs or anomalies. For example, merging image visualization with AI enables cardiologists to calculate the ejection fraction, the percentage of blood that is pushed out of the heart with each contraction, quickly and with utmost accuracy. GE Healthcare, a key player in the 3D imaging device sector, launched 60 progressive technological solutions in November 2021, including AI-driven ones, to revolutionize healthcare. This initiative seeks to support both patients and clinicians with efficient solution strategies.
What Are the Main Segments in the 3D Medical Imaging Devices Market?
The 3D medical imaging devices market covered in this report is segmented -
1) By Type: Ultrasound, X-ray, CT Scan, Other Types
2) By Application: Gynecology and Obstetrics, Cardiology, Neurology, Orthopedics, Oncology
3) By End User: Diagnostic Centers, Hospitals, Research Centers
Subsegments:
1) By Ultrasound: 3D Or 4D Ultrasound, Contrast-Enhanced Ultrasound
2) By X-Ray: 3D Mammography Or Tomosynthesis, Cone Beam CT Or CBCT For X-Ray Imaging, Fluoroscopy
3) By CT Scan: Spiral Or Helical CT, Cone Beam CT Or CBCT, Dual-Energy CT
4) By Other Types: MRI Or Magnetic Resonance Imaging, Positron Emission Tomography Or PET, Single Photon Emission Computed Tomography Or SPECT, Optical Imaging Systems
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Which Top Companies are Driving Growth in the 3D Medical Imaging Devices Market?
Major companies operating in the 3D medical imaging devices market include GE Healthcare, Royal Philips, Siemens AG, The Esaote Group, Materialise NV, Toshiba Group, Samsung Medison Co Ltd, Shimadzu Corporation, Analogic Corporation, Digirad Corporation, Del Medical Systems Group, Hologic Inc., Carestream Health Inc., Depuy Synthes Companies, Ambra Health, Fovia, Mach7 Technologies Ltd., Medtronic plc, Barco NV, TomTec Imaging Systems GmbH, Fujifilm Holdings Corporation, 3D Systems Healthcare, Artec 3D, Canon Medical Systems Corporation, ContextVision AB, Curvebeam AI Ltd., EchoPixel Inc., EOS Imaging, Esaote SpA, Hitachi Healthcare, Intrasense, KaVo Kerr, Konica Minolta Healthcare, Mobius Imaging, Neusoft Medical Systems, Orfit Industries, Pie Medical Imaging, Planmed Oy, Sectra, Shenzhen Mindray Bio-Medical Electronics, Thermo Fisher Scientific, Varian Medical Systems, Ziehm Imaging GmbH
Which Regions Will Dominate the 3D Medical Imaging Devices Market Through 2029?
Western Europe was the largest region in the 3D medical imaging market in 2023. Asia-Pacific was the second-largest region in the global 3D medical imaging devices market. The regions covered in the 3D medical imaging devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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