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3D Orthopedic Scanning Systems Market Global Industry Volume By Region 2016 - 2024
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A number of factors affect the growth of the 3D orthopedic scanning system market. Key factors include rising demand for 3D scanning for diagnosis, development and advancement in 3D orthopedic scanner devices, and rise in global geriatric population. Other key drivers are technological advancement in scanning devices, increase in the number of cosmetic procedures, and rise in the number of orthopedic problems related to elderly population. The market is also witnessing restraints or challenges in its path such as development of other scanning technologies and stiff competition among existing 3D orthopedic scanner device manufacturers. Moreover, product recalls, government regulations for reduction of overall health care cost and subsequent upswing in bulk purchasing through INHs and GPOs (Group Purchasing Organizations) are restraining the market.
The 3D orthopedic scanning systems market can be categorized based on product type, application, and region. In terms of product type, the market can be classified into scanning system, accessories, and consumables. The scanning system segment can be further classified into sensor, camera, display, and others. The scanning system segment holds the largest share of the market. Based on application, the market can be segmented into orthopedic, spine, ENT, cosmetic, maxillofacial, dental, neurological, and others. The orthopedic segment dominates the 3D orthopedic scanning system market.
Geographically, the 3D orthopedic scanning system market can be classified into five major regions: North America (U.S. and Canada), Europe (Germany, France, U.K., etc.), Asia Pacific (Australia, New Zealand, China, Japan, India, etc.), Latin America (Brazil, Mexico, etc.), and Middle East & Africa (GCC Countries, Saudi Arabia, South Africa, etc.). North America holds the largest share of the market due to advanced technology in this region. The emerging markets in Asia Pacific, Latin America, and Middle East & Africa are expected to register robust growth during the forecast period from 2016 to 2024. This is attributed to increasing investments by the key players operating in these countries, growing health care industry, and the aging population leading to growth in the patient population in these countries. India, China, and Brazil are expected to drive growth owing to increasing investments by government bodies to enhance health care facilities.
Key companies operating in the global 3D orthopedic scanning system market are Elinvision, Orthopaedic Innovation Centre, TechMed 3D Inc., AGE Solutions S.r.l., FARO Technologies UK Ltd., SCANNY3D S.R.L., and 3D Systems, Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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