3D imaging market expected to grow by 9%

The global 3D medical imaging market is primed to grow by nearly 9% in the next three years, according to TechNavio Insights. The company estimates the market will grow to about 2.2 billion euros ($3.2 billion U.S.) by 2014.

Key drivers include the following:

  • 3D medical imaging provides better visualization
  • Increase in patients needing medical imaging
  • Growing demand for medical imaging in the Asia-Pacific (APAC) region

"The 3D Medical Imaging market in the APAC region is the fastest-growing market in the medical imaging sector," the company stated. "China and India, which have large patient pools, are expected to develop an increasing number of new hospitals and diagnostic centers, which will boost the global 3D medical imaging market. Moreover, because of the growing purchasing power and awareness about the technology in the region, there is increasing demand for 3D medical imaging diagnosis."

The company also predicts three trends will be integrating 3D medical systems with PACS, mergers and acquisitions, and an increase in telesurgery. Conversely, the emergence of 4D imaging, high capital cost, lack of reimbursement, and health risks associated with 3D imaging are hindering market growth.

The major players in the 3D market are expected to be Siemens Healthcare, GE Healthcare, Philips Healthcare, and Toshiba Medical Systems.

For more information on the report, click here.

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