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Global 3D Medical Imaging Devices Market by Application (Orthopedic, Cardiology, Oncology), by Device Type (MRI, X-ray, Ultrasound) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MD-75434
  • Author: Up Market Research
  • Rating: 4.5
  • Total Reviews: 83
  • No. Of Pages: 240
  • Format:
  • Pub. Date: 2021-10-21
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Summary of the Report

In 2017, the global market for 3D medical imaging devices was valued at USD 10.8 million. The market is expected to grow at 5.9% CAGR over the forecast period. The market is expected to grow due to the rising global geriatric population and the rise in road traffic accidents. The market is also being driven by investments made by the government and private sectors, as well as advances in 3D imaging technology.

A 2017 UN report estimated that the global population accounted for 13.0% of those 65 years and older. This figure is increasing at a rate of 3.0% per year. Geriatrics are more susceptible to joint problems and musculoskeletal disease. Osteoarthritis, which is more common in older people than 65 years old, is associated with increased mortality and a decreased quality of living. Market drivers include the global increase in life-threatening and chronic diseases.

Market growth is expected to be driven by the emergence of 3D imaging scanners that can automatically scan 3D images and ongoing R&D in contrast agents. In the U.S., Omnipaque (Iohexol), was introduced by GE Healthcare in July 2018. This solution is used as a contrast medium and helps with visualization in the gastrointestinal tract.

According to the U.S. Centers for Disease and Control, organized sports participation has increased in the U.S. The 30 million Americans who participate in sports every year are responsible for approximately 2 million injuries, 500k doctor visits and 30,000 hospitalizations. The growing demand for point-of care imaging and a large addressable population has created new opportunities for 3D medical imaging.

Device Type Insights

The 3D medical imaging market can be divided into X-rays, Computed Tomography devices (CT), ultrasound systems and Magnetic Resonance Imaging equipment (MRI). The CT segment held the largest market share in 2017. Due to the high demand for increased cancer incidence globally, the nuclear imaging segment will experience the greatest CAGR.

Over the forecast period, the ultrasound systems segment will see a 7.0% CAGR. This is due to an increase in ultrasound scans around the globe and new product launches from industry giants. Siemens Healthineers launched the Acuson Sequoia ultrasound system in June 2018. It features contrast-enhanced ultrasound imaging. The BioAcoustic technology improves bubble longevity and sensitivity, and reduces diagnosis time.

Application Insights

The market can be divided into three segments based on its application: oncology (cardiology), and orthopedic. In 2017, the orthopedic segment held the largest market share, while the cardiology segment is expected to record the highest CAGR in 3D medical imaging device market over the forecast period.

The rise in road traffic accidents as well as the high number of elderly people with musculoskeletal conditions is responsible for the growth in the orthopedic market. According to the International Osteoporosis Foundation, 8.9 million fractures are reported each year. This is due to osteoporosis, which affects more 75 million people in Europe, the U.S. and Japan.

Solution Insights

The market can be divided into three segments based on the solution: 3D scanning and rendering, modeling, and modelling. The largest market share was held by 3D rendering in 2017. This is due to 3D rendering solutions that use efficient ray-tracing algorithms for organ visualization.

Over the forecast period, the 3D modeling segment will experience the greatest CAGR. This growth can be attributed to the increased use of 3D modeling anatomical model in surgical procedures. These models save surgeons time and allow them to perform more efficient surgeries.

Regional Insights

The market can be divided geographically into North America (MEA), Europe, Asia Pacific and Latin America (Europe), and Middle East and Africa(MEA). In 2017, North America accounted for over 60% of the market. Europe was second. North America's growth is due to the greater purchasing power of healthcare providers, including hospitals, long-term care centers and advanced specialty centers. The favorable reimbursement environment and well-established healthcare infrastructure are expected to be positive factors for regional growth over the forecast period.

Asia Pacific will see significant growth due to the improvement of healthcare infrastructure and growing medical tourism. The market is being held back by high costs of 3D medical imaging equipment and low adoption rates.

3D Medical Imaging Devices Market Share insights

Siemens Healthineers, Esaote SpA, Koninklijke Philips N.V., GE Healthcare Ltd. and Hitachi Medical Systems are the key market players. They are focused on the launch of new products. At the 60th American Society for Radiation Oncology's annual meeting, Siemens presented its MAGNETOM RT Pro Edition for MAGNETOM Sola in October 2018. This new 1.5 Tesla MRI scanner was unveiled by Siemens. This scanner is equipped with hardware and software that can be used to aid in radiation therapy treatments.

3D Medical Imaging Devices Market Report Scope

The Report Covers Certain Segments

This report provides a forecast of revenue growth at the global, regional and country level and analyzes the most recent industry trends in each sub-segment from 2013 through 2026. Grand View Research has divided the global market for 3D medical imaging devices on the basis device type, solution, region, and application.

  • Device Type Outlook (Revenue USD Million, 2013-2026)

    • X-ray devices

    • CT

    • Ultrasound Systems

    • MRI

  • App Outlook (Revenue USD Million, 2013-2026)

    • Oncology

    • Cardiology

    • Orthopedic

  • Solution Outlook (Revenue USD Million, 2013-2026)

    • 3D Scanning

    • 3D Rendering

    • 3D modeling

  • Regional Outlook (Revenue USD Million, 2013-2026)

    • North America

      • The U.S.

      • Canada

    • Europe

      • The U.K.

      • Germany

    • Asia Pacific

      • Japan

      • China

    • Latin America

      • Brazil

      • Mexico

    • Middle East & Africa

      • South Africa

      • Saudi Arabia

These are the most frequently asked questions about this report

b. Global 3D medical imaging device market was valued at USD 12.6 billion in 2019, and is forecast to grow to USD 13.7 billion by 2020.

b. Global 3D medical imaging device market is expected grow at a compound annual rate of 5.9% between 2019 and 2026, reaching USD 20.8 billion in 2026.

b. With a 25.7% share in 2019, the CT segment dominated 3D medical imaging device market. This is due to the rising incidence of cancer worldwide.

b. b.

b. The market growth is being driven by two key factors: a growing global geriatric population and an increase in road accident cases.

Up Market Research published a new report titled “3D Medical Imaging Devices Market research report which is segmented by Application (Orthopedic, Cardiology, Oncology), by Device Type (MRI, X-ray, Ultrasound), By Players/Companies Siemens Healthineers; Esaote SpA; Koninklijke Philips NV; GE Healthcare Ltd; Canon Medical Systems; Hitachi Medical Systems; Shimadzu Corporation; DigiRad Corporation; and Del Medical Systems Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report AttributesReport Details
Report Title3D Medical Imaging Devices Market Research Report
By ApplicationOrthopedic, Cardiology, Oncology
By Device TypeMRI, X-ray, Ultrasound
By CompaniesSiemens Healthineers; Esaote SpA; Koninklijke Philips NV; GE Healthcare Ltd; Canon Medical Systems; Hitachi Medical Systems; Shimadzu Corporation; DigiRad Corporation; and Del Medical Systems Inc
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages240
Number of Tables & Figures168
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global 3D Medical Imaging Devices Industry Outlook

Global 3D Medical Imaging Devices Market Report Segments:

The market is segmented by Application (Orthopedic, Cardiology, Oncology), by Device Type (MRI, X-ray, Ultrasound).

3D Medical Imaging Devices Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the 3D Medical Imaging Devices Market

Overview of the regional outlook of the 3D Medical Imaging Devices Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


3D Medical Imaging Devices Market Overview

Highlights of The 3D Medical Imaging Devices Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of 3D Medical Imaging Devices Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Application:

                1. Orthopedic

                2. Cardiology

                3. Oncology

        7. By Device Type:

                1. MRI

                2. X-ray

                3. Ultrasound

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the 3D Medical Imaging Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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  • Identifying Appropriate Advertising Appeals

3D Medical Imaging Devices Market Trends

Reasons to Purchase the 3D Medical Imaging Devices Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 3D Medical Imaging Devices Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 3D Medical Imaging Devices Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 3D Medical Imaging Devices Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the 3D Medical Imaging Devices Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global 3D Medical Imaging Devices Market Size & Forecast, 2018-2028 
      4.5.1 3D Medical Imaging Devices Market Size and Y-o-Y Growth 
      4.5.2 3D Medical Imaging Devices Market Absolute $ Opportunity 


Chapter 5 Global 3D Medical Imaging Devices Market Analysis and Forecast by Application
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Application
      5.1.2 Basis Point Share (BPS) Analysis by Application
      5.1.3 Absolute $ Opportunity Assessment by Application
   5.2 3D Medical Imaging Devices Market Size Forecast by Application
      5.2.1 Orthopedic
      5.2.2 Cardiology
      5.2.3 Oncology
   5.3 Market Attractiveness Analysis by Application

Chapter 6 Global 3D Medical Imaging Devices Market Analysis and Forecast by Device Type
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Device Type
      6.1.2 Basis Point Share (BPS) Analysis by Device Type
      6.1.3 Absolute $ Opportunity Assessment by Device Type
   6.2 3D Medical Imaging Devices Market Size Forecast by Device Type
      6.2.1 MRI
      6.2.2 X-ray
      6.2.3 Ultrasound
   6.3 Market Attractiveness Analysis by Device Type

Chapter 7 Global 3D Medical Imaging Devices Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 3D Medical Imaging Devices Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America 3D Medical Imaging Devices Analysis and Forecast
   9.1 Introduction
   9.2 North America 3D Medical Imaging Devices Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America 3D Medical Imaging Devices Market Size Forecast by Application
      9.6.1 Orthopedic
      9.6.2 Cardiology
      9.6.3 Oncology
   9.7 Basis Point Share (BPS) Analysis by Application 
   9.8 Absolute $ Opportunity Assessment by Application 
   9.9 Market Attractiveness Analysis by Application
   9.10 North America 3D Medical Imaging Devices Market Size Forecast by Device Type
      9.10.1 MRI
      9.10.2 X-ray
      9.10.3 Ultrasound
   9.11 Basis Point Share (BPS) Analysis by Device Type 
   9.12 Absolute $ Opportunity Assessment by Device Type 
   9.13 Market Attractiveness Analysis by Device Type

Chapter 10 Europe 3D Medical Imaging Devices Analysis and Forecast
   10.1 Introduction
   10.2 Europe 3D Medical Imaging Devices Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe 3D Medical Imaging Devices Market Size Forecast by Application
      10.6.1 Orthopedic
      10.6.2 Cardiology
      10.6.3 Oncology
   10.7 Basis Point Share (BPS) Analysis by Application 
   10.8 Absolute $ Opportunity Assessment by Application 
   10.9 Market Attractiveness Analysis by Application
   10.10 Europe 3D Medical Imaging Devices Market Size Forecast by Device Type
      10.10.1 MRI
      10.10.2 X-ray
      10.10.3 Ultrasound
   10.11 Basis Point Share (BPS) Analysis by Device Type 
   10.12 Absolute $ Opportunity Assessment by Device Type 
   10.13 Market Attractiveness Analysis by Device Type

Chapter 11 Asia Pacific 3D Medical Imaging Devices Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific 3D Medical Imaging Devices Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific 3D Medical Imaging Devices Market Size Forecast by Application
      11.6.1 Orthopedic
      11.6.2 Cardiology
      11.6.3 Oncology
   11.7 Basis Point Share (BPS) Analysis by Application 
   11.8 Absolute $ Opportunity Assessment by Application 
   11.9 Market Attractiveness Analysis by Application
   11.10 Asia Pacific 3D Medical Imaging Devices Market Size Forecast by Device Type
      11.10.1 MRI
      11.10.2 X-ray
      11.10.3 Ultrasound
   11.11 Basis Point Share (BPS) Analysis by Device Type 
   11.12 Absolute $ Opportunity Assessment by Device Type 
   11.13 Market Attractiveness Analysis by Device Type

Chapter 12 Latin America 3D Medical Imaging Devices Analysis and Forecast
   12.1 Introduction
   12.2 Latin America 3D Medical Imaging Devices Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America 3D Medical Imaging Devices Market Size Forecast by Application
      12.6.1 Orthopedic
      12.6.2 Cardiology
      12.6.3 Oncology
   12.7 Basis Point Share (BPS) Analysis by Application 
   12.8 Absolute $ Opportunity Assessment by Application 
   12.9 Market Attractiveness Analysis by Application
   12.10 Latin America 3D Medical Imaging Devices Market Size Forecast by Device Type
      12.10.1 MRI
      12.10.2 X-ray
      12.10.3 Ultrasound
   12.11 Basis Point Share (BPS) Analysis by Device Type 
   12.12 Absolute $ Opportunity Assessment by Device Type 
   12.13 Market Attractiveness Analysis by Device Type

Chapter 13 Middle East & Africa (MEA) 3D Medical Imaging Devices Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) 3D Medical Imaging Devices Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) 3D Medical Imaging Devices Market Size Forecast by Application
      13.6.1 Orthopedic
      13.6.2 Cardiology
      13.6.3 Oncology
   13.7 Basis Point Share (BPS) Analysis by Application 
   13.8 Absolute $ Opportunity Assessment by Application 
   13.9 Market Attractiveness Analysis by Application
   13.10 Middle East & Africa (MEA) 3D Medical Imaging Devices Market Size Forecast by Device Type
      13.10.1 MRI
      13.10.2 X-ray
      13.10.3 Ultrasound
   13.11 Basis Point Share (BPS) Analysis by Device Type 
   13.12 Absolute $ Opportunity Assessment by Device Type 
   13.13 Market Attractiveness Analysis by Device Type

Chapter 14 Competition Landscape 
   14.1 3D Medical Imaging Devices Market: Competitive Dashboard
   14.2 Global 3D Medical Imaging Devices Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Siemens Healthineers; Esaote SpA; Koninklijke Philips NV; GE Healthcare Ltd; Canon Medical Systems; Hitachi Medical Systems; Shimadzu Corporation; DigiRad Corporation; and Del Medical Systems Inc
Segments Covered in the Report
The global 3D Medical Imaging Devices market has been segmented based on

By Application
  • Orthopedic
  • Cardiology
  • Oncology
By Device Type
  • MRI
  • X-ray
  • Ultrasound
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Siemens Healthineers; Esaote SpA; Koninklijke Philips NV; GE Healthcare Ltd; Canon Medical Systems; Hitachi Medical Systems; Shimadzu Corporation; DigiRad Corporation; and Del Medical Systems Inc

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