Global 3D Medical Imaging Devices Market By Device Type (X-ray Devices, CT, Ultrasound Systems, and MRI), By Application (Oncology, Cardiology, and Orthopedic), By Solution (3D Scanning, 3D Rendering, and 3D Modeling), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032

3D Medical Imaging Devices Market Overview:

The market for 3D medical imaging equipment was worth USD 13,328.65 million in 2021. It is projected to expand at a CAGR of 5.4% over the forecast period.

It is expected that the market will grow due to an increase in global geriatrics and increased road traffic accidents. Other factors driving the market include advances in 3D imaging technology, investments by governments and private companies, and other factors such as the rise of geriatrics.

Global 3D Medical Imaging Devices Market:

Device Type Analysis

According to device type, the 3D medical imaging equipment market is divided into X-ray devices, Computed Tomography, Ultrasound, and Magnetic Resonance Imaging, (MRI). The CT segment was the dominant market share in 2021. Because of the rising incidence of cancer cases worldwide, the CAGR for the nuclear imaging segment is expected to be the highest.

The segment ultrasound systems are forecast to grow at a rate of 7.0% during the forecast period. The industry’s dominance and the rise in ultrasound scans all over the globe are the main reasons for the high growth. Siemens Healthineers, for example, introduced the Acuson Sequoia in June 2018. This system uses contrast-enhanced ultrasonic imaging. It also features BioAcoustic technology, which increases the bubble longevity and sensitivity while reducing the diagnosis time.

Application Analysis

Oncology, cardiology, and orthopedic are the segments of the market based on their application. The largest market share held by the orthopedic segment is in 2021, while the cardiology segment is expected to record the highest CAGR in 3D medical imaging device sales over the forecast period.
The increase in road traffic accidents and a large number of elderly people with musculoskeletal problems is the reason for the growth in orthopedics. According to the International Osteoporosis Foundation(IOF), 8.9 Million fractures occur each year. The disease is affecting more than 75,000,000 people in Europe, America, Japan, and Asia.

Solution Analysis

According to the solutions offered, the market can be segmented into 3D scanning and rendering, modeling, and modeling. 3D rendering held the largest share of the market in 2021, accounting for over half of all sales. This can be attributed to efficient raytracing algorithms in 3D rendering solutions for organ visualization.

The highest expected CAGR for the 3D modeling sector is predicted to be over the forecast period. The increasing use of 3D modeling and anatomical models during surgical procedures can explain this growth. These tools save time and make it possible for surgeons to perform surgery efficiently.

Key Market Segments:

Device Type

• X-ray Devices
• CT
• Ultrasound Systems
• MRI

Application

• Oncology
• Cardiology
• Orthopedic

Solution

• 3D Scanning
• 3D Rendering
• 3D Modeling

Market Dynamics:

According to a 2017 United Nations (UN), report, the world’s population over 65 accounted for approximately 13.0%. This number is rising at 3.0% per annum. Geriatrics are more likely to develop musculoskeletal problems and joint problems. Osteoarthritis is the leading cause of death in people over 65 years. It also causes a decrease in quality of life and increases mortality. The market is driven by the rising incidence of life-threatening and chronic diseases around the world.

Market growth will also be driven by automated 3D imaging scanners and ongoing R&D in contrast agent development for 3D imaging. Omnipaque, an oral solution by GE Healthcare, was launched in the U.S. in July 2018. This solution aids in visualizing the gastrointestinal tract and acts as a contrast media.
The U.S. Centers for Disease and Control reports that organized sports have seen a rise in participation. Each year, the U.S. has 30 million people participating in sports. This includes approximately 2 million injuries and 0.5 million doctor visits. There are also 30,000 hospitalizations. Due to the growing demand for point-of-care imaging, and the high population addressable, this has opened up new markets for 3D medical imaging.

Regional Analysis:

Geographically, there are five segments of the market: North America, Europe, Asia Pacific, South America, and the Middle East & Africa (MEA). Together, North America and Europe accounted for 68% of the global market share in 2021. The North American region has a higher market share, at 35.0%, due to its healthcare systems, such as hospitals and long-term care centers. It is expected that the region will experience strong growth because of its well-established healthcare infrastructure, which is superior to those in developing regions. This can be complemented by favorable reimbursement scenarios.
The Asia Pacific is expected to experience significant growth by 2032 due to improvements in healthcare infrastructure and increased medical tourism. But, there are two major factors that hinder the market’s growth: the high cost of 3D imaging devices and the low adoption rate.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share Analysis:

Key companies are known for launching new products. Siemens, for instance, unveiled the MAGNETOM RT Pro edition for MAGNETOM Sola at its 60th annual meeting of the American Society for Radiation Oncology. It is compatible with radiation therapy treatments and includes hardware and software.

Key Market Players:

• Siemens Healthineers
• Koninklijke Philips N.V.
• Esaote SpA
• GE Healthcare Ltd.
• Hitachi Medical Systems
• Canon Medical Systems
• DigiRad Corporation
• Shimadzu Corporation
• Other Key Players

For the Global 3D Medical Imaging Devices Market research study, the following years have been considered to estimate the market size: