3D Imaging Market Size, Share & Trends Analysis Report By Component (Software, Hardware, Services), By Deployment (On-premise, Cloud), By End-use, By Organization, By Region, And Segment Forecasts, 2022 - 2030

Report Overview

The global 3D imaging market size was valued at USD 25.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 18.2% from 2022 to 2030. 3D imaging is the procedure of rendering a three-dimensional image to create the optical illusion of depth. Two or more motion cameras are employed to capture a three-dimensional object for these 3D images to be produced. High-resolution images are created by combining 3D image sensors, cameras, and screens. As a result, 3D imaging is widely used in hospitals, the entertainment industry, architecture and construction, and automotive. The COVID-19 pandemic had a negative impact on market growth. The pandemic forced governments to seal global borders and temporarily shut industries, markets, educational institutions, and other public places in 2020.

The closure of manufacturing plants in the regions has resulted in a significant loss of business and revenue for the regions under lockdown. The disruption in global supply chains has negatively impacted the sales of products, delivery schedules, and manufacturing, which led to a notable drop in sales of 3D imaging devices and services.

Nevertheless, the ongoing technological developments in the field of 3D imaging and the widespread adoption of and need for 3D imaging systems in different sectors are expected to drive the market in the coming future. Additionally, the increasing frequency of chronic diseases worldwide and growing awareness regarding the benefits of 3D imaging technology, such as a precise visual portrayal of internal organs that reduces tissue damage and the quality of data provided by various medical imaging methods, are among the factors driving the demand for 3D imaging solutions. The high cost of these sensors and a lack of knowledge about how to implement 3D imaging are expected to limit growth.

Component Insights

The hardware segment accounted for the largest revenue share of over 45.0% in 2021 and is expected to continue to dominate the market over the forecast period. This can be attributed to the increasing demand for 3D imaging devices such as X-ray devices, ultrasound systems, CT, and MRI in the healthcare sector. In addition, the growing gaming and entertainment industry has fueled the demand for 3D imaging technology as the viewers can witness the 3D experience with their own eyes because of these technologies. In terms of components, the market has been segmented into software, hardware, and services.

The software segment is expected to expand at a CAGR of 19.9% over the forecast period. This can be attributed to the use of 3D imaging software in the healthcare, automotive, and manufacturing industry. In addition, its growing popularity in other industries such as media and entertainment, architecture and construction, and archaeological studies is fueling the segment growth.

Deployment Insights

The on-premise segment accounted for the largest revenue share of over 75.0% in 2021 and is expected to retain its position in the market over the forecast period. This can be attributed to a one-time upfront license purchase, an internal network that can be accessed anytime, and high security as data is stored locally.

The cloud segment is expected to expand at a CAGR of 19.7% over the forecast period. The use of cloud-based 3D imaging systems is growing owing to their advantages such as easy and effective management, image data maintenance, flexibility, cost-effectiveness, agility, and scalability.

Organization Insights

The large enterprise segment accounted for the largest revenue share of over 55.0% in 2021 and is expected to continue to dominate the market over the forecast period. This can be attributed to the increasing usage of 3D imaging hardware and solutions in large enterprises to manufacture improved products and give a better customer experience. Moreover, the dominance of this segment in the market is primarily accredited to the growing investments by large organizations.

The small and medium segment is expected to expand at a CAGR of 19.1% over the forecast period. This can be attributed to the increasing adoption of 3D imaging technologies by small and medium organizations to compete with other market players.

End-use Insights

The healthcare and life sciences segment accounted for the largest revenue share of over 55.0% in 2021 and is expected to continue to dominate the market over the forecast period. This can be attributed to the increasing adoption and growing need for 3D medical imaging technology in the healthcare sector to determine and diagnose the disease in the body. In terms of end-use, the market has been segmented into automotive and transportation, healthcare and life science, architecture and construction, manufacturing, media and entertainment, and security and surveillance.

Due to sedentary lifestyles, the increasing frequency of chronic diseases worldwide, and a considerable growth in the aging population, there's been an increase in the occurrence of lifestyle diseases and age-related illnesses. As a result, the 3D imaging devices demand has increased.

The automotive and transportation segment is anticipated to register a CAGR of 17.5% over the forecast period. The growth of this segment can be attributed to the advanced features offered by 3D imaging, an increase in the number of cars, increased usage of advanced driver assistance systems (ADAS), and the growing trend of driverless vehicles are all driving the market for automotive 3D imaging. This technology enables protection, parking surveillance, anti-theft measures, healthcare, social media, forensics, and mobile commerce.

Regional Insights

North America accounted for the largest revenue share of over 35.0% in 2021 and is anticipated to retain its position over the forecast period. Factors such as the presence of major market vendors and the high adoption of advanced technologies are fueling the market growth in the region.

Asia Pacific is anticipated to expand at the highest CAGR of 20.8% over the forecast period. The growth of the regional market is mainly attributed to the growth in the healthcare, automation, media and entertainment, and the manufacturing sector. With the potential growth in the sectors, there have been increasing investments from Asia Pacific nations such as Japan, India, and China. The growing technological awareness and adoption in the region are also expected to fuel the market growth across the region over the forecast period.

Key Companies & Market Share Insights

The market has a fragmented competitive landscape as it features various global and regional market players. Leading industry players are adopting strategies such as partnerships, collaborations, acquisitions & mergers, and agreements to survive the highly competitive environment and expand their business footprints. Moreover, 3D imaging providers are spending extensively on research and development activities to develop advanced products and integrate new technologies and features in their offerings.

For instance, in September 2021, eCential Robotics and SIGNUS Medizintechnik GmbH established a long-term partnership to provide an enhanced spine surgery solution that combines navigation, robotics, and implant technologies. Some prominent players in the global 3D imaging market include:

• General Electric

• TomTec Imaging Systems GMBH

• PLANMECA OY

• Ajile Light Industry

• OLYMPUS CORPORATION

• EOS Imaging

• Siemens Healthcare GmbH

• INTRASENSE

• eCential Robotics

• FARO

• Koninklijke Philips N.V.

3D Imaging Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global 3D imaging market report based on end-use, component, organization, deployment, and region:

• End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Automotive and Transportation

  • Manufacturing

  • Healthcare and Life Sciences

  • Architecture and Construction

  • Media and Entertainment

  • Security & Surveillance

  • Others

• Component Outlook (Revenue, USD Million, 2017 - 2030)

  • Software

  • Hardware

  • Services

• Organization Outlook (Revenue, USD Million, 2017 - 2030)

  • Large Enterprises

  • Small and Medium-sized Enterprises

• Deployment Outlook (Revenue, USD Million, 2017 - 2030)

  • On-premise

  • Cloud

• Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • France

    • Rest of Europe

  • Asia Pacific

    • China

    • India

    • Japan

    • Rest of Asia Pacific

  • Latin America

    • Brazil

    • Mexico

    • Rest of Latin America

  • Middle East & Africa