3D Imaging Market Rise To US$17.99 Bn By 2021 At A Good Pace, Healthcare Industry Is Presently The Leading Revenue Generator

3D imaging offers enhanced 360 degree viewing of an image with the help of 3D displays and 3D image sensors. High resolution images obtained through 3D imaging techniques have encouraged a number of industries to adopt 3D imaging systems. The introduction of 3D content and 3D modelling tools have made 3D imaging cost-effective. The global 3D imaging market stood at a valuation of US$3.51 bn in 2014. Taking a leap at 26.8% CAGR during 2015-2021, the market is anticipated to be worth US$17.99 bn by 2021.

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What are the recent developments in the global 3D imaging market?

At the Hong Kong Polytechnic University, a research team led by Professor Lee Wing-bun has developed a 3D imaging system based on the compound eye structure of flies. The compound eye for high-density 3D imaging offers high quality images by implementing the plate machining technology. Through this technology, realistic 3D images of objects at near and far fields are captured with the help of microlens. The processing of the captured images addresses the issue of image distortion caused by inadequate resolution and insufficient light. The technology is expected to be implemented across a wide range of applications. Furthermore, the microlens can be used for optical cameras in medical devices.

How is the market benefiting from increasing demand for medical imaging?

The rising demand for medical imaging has significantly contributed towards the growth of the global 3D imaging market. 3D imaging is particularly helpful in identifying tumours. Researchers have been continuously working on enhancing the 3D images of body tissues. For example, the molecular breast imaging system captures gamma rays released by molecules in breast tumours after patients are administered radiotracers before imaging.

However, the angles of the images limit the view of tumours. To address this issue, a variable angle slant hole collimator (VASH) has been developed by researchers to create better 3D images of the breast tissue. The new device also reduces the patient’s exposure to radiation. In industrial automation, 3D imaging is being widely used across machine vision applications. 3D imaging systems are being increasingly used in biometrics with the introduction of 3D face recognition and fingerprint scanners. Furthermore, 3D imaging is high in demand across the entertainment sector.

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Which are the major industries augmenting the growth of the global 3D imaging market?

The key end users in the global 3D imaging market are healthcare, industrial application, entertainment, architecture and engineering, security and surveillance, and others. The healthcare sector has emerged as the leading end user in the market and has exhibited a steady demand for advanced 3D imaging technologies for magnetic resonance hardware, scanning protocols, and 3D volumetric reconstruction software. The market is also witnessing surging demand from sectors such as consumer electronics, automotive, and industrial robotics.

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