3D Medical Imaging Devices Market - By Device Type (Hardware, Software), By Application (Oncology, Cardiology, Gynecology and Obstetrics, Neurology), By End-use (Hospitals, Diagnostic Imaging Centers) – Global Forecast, 2023-2032

3D Medical Imaging Devices Market - By Device Type (Hardware, Software), By Application (Oncology, Cardiology, Gynecology and Obstetrics, Neurology), By End-use (Hospitals, Diagnostic Imaging Centers) – Global Forecast, 2023-2032

3D Medical Imaging Devices Market Size

3D Medical Imaging Devices Market size was valued at USD 12.9 billion in 2022 and is estimated to account for USD 21.6 billion by 2032. 3D medical imaging devices refer to advanced diagnostic equipment used in the field of medical imaging that can generate three-dimensional (3D) representations of the internal structures of the human body or other subjects of interest.
 

Additionally, this technology offers precise disease diagnosis, staging, and treatment planning, which is critical in managing chronic illnesses. For instance, by 2050, WHO predicts chronic diseases will cause 86% of 90 million annual deaths, a 90% rise from 2019. Therefore, the increasing prevalence of chronic diseases will drive the demand for 3D medical imaging devices.
 

Furthermore, the shift towards minimally invasive medical procedures has driven the need for more accurate and detailed imaging. 3D medical imaging devices, especially in combination with navigation and guidance systems, assist in the planning and execution of minimally invasive surgeries and interventions. Thus, they enable physicians to target and treat specific areas with precision, reducing risks and recovery times for patients.
 

COVID-19 Impact

The COVID-19 pandemic had a considerable positive impact on the 3D medical imaging devices market, as these tools were essential for diagnosing and monitoring COVID-19 patients. They supported telemedicine, aided research on the virus, and improved patient triage and resource allocation. Furthermore, this experience accelerated technological advancements and increased investments in 3D medical imaging devices, highlighting their crucial role in healthcare preparedness and future diagnostics.
 

3D Medical Imaging Devices Market Trends

Technological advancements in 3D imaging have played a significant role in the growth of market. For instance, the GE Healthcare SIGNA Voyager MRI is a high-field 3T system known for high-quality imaging, advanced diagnostic features, and the capability to acquire 3D and 4D images for detailed anatomical and dynamic visualization. Therefore, these advancements have led to improved image quality, reduced radiation exposure, faster image acquisition, and enhanced diagnostic capabilities.  Thus, innovations such as 3D reconstruction, real-time 3D imaging, and hybrid imaging systems have expanded the range of applications and improved patient care.
 

• Both government agencies and private healthcare organizations are investing in upgrading medical infrastructure, including the adoption of advanced imaging technology.
   
• Moreover, government grants and initiatives often support the acquisition of 3D medical imaging devices, making them more accessible to healthcare providers. These investments promote the adoption of modern imaging equipment, leading to better patient care and more accurate diagnoses.
   

3D Medical Imaging Devices Market Analysis

The market by device type is categorized into hardware and software. The hardware segment is further bifurcated into X-ray, ultrasound, CT, MRI, and mammography. The hardware segment garnered USD 9 billion revenue size in the year 2022.
 

• The dominance of the hardware segment is attributed to its advanced imaging technology, clinical versatility, and diagnostic accuracy. These devices form the backbone of medical imaging which is estimated to reach USD 67.6 billion by 2032,  and are crucial for accurate diagnoses and treatment planning.
   
• Additionally, their established market presence, continuous technological enhancements, and adaptability across various medical specialties have made them indispensable in healthcare.
   

Therefore, with the increasing demand for more precise diagnostic tools to address the growing healthcare needs and the rising incidence of chronic diseases, the hardware segment is expected to maintain its dominance and continue propelling market growth.
 

Based on application, the 3D medical imaging devices market is segmented into oncology, cardiology, gynecology and obstetrics, neurology, and other applications. The oncology segment dominated the market and accounted for over 38% market share in the year 2022.
 

• High segment growth is attributed to its critical need for precise cancer diagnosis, treatment planning, and research.
   
• According to the Pan American Health Organization (PAHO), the global cancer burden is set to dramatically rise, with an estimated 30 million new cases projected by 2040. Therefore, the rising global cancer incidence and demand for advanced imaging technology have made 3D medical imaging devices indispensable.
   

The 3D medical imaging devices market by end-use is categorized into hospitals, diagnostic imaging centers, and other end-users. The hospitals garnered USD 6.7 billion revenue size in the year 2022. The dominance of the segment is attributed due to their central role in providing comprehensive healthcare services, high patient throughput, and the need for advanced diagnostic imaging.
 

• 3D medical imaging devices are indispensable for precise diagnosis, treatment planning, and surgical interventions within hospital settings. They also play a crucial role in emergency care, inpatient monitoring, and support research and education in teaching hospitals.
   

Therefore, with their established presence, ongoing technological advancements, and the continuous need for advanced imaging, hospitals are expected to maintain their leading position in the market and further propel its progress.
 

U.S. 3D medical imaging devices market accounted for USD 4.8 billion revenue size in 2022 and is predicted to witness substantial market growth over the analysis timeline.
 

• The U.S. has taken a commanding position in the market, primarily due to its advanced healthcare infrastructure, leading role in medical research and innovation, and a large and diverse patient population with diverse healthcare needs.
   
• Furthermore, technological innovation, extensive R&D efforts, competitive market dynamics, stringent regulatory standards, increasing healthcare demand, and collaborative partnerships have all contributed to the country's leadership in this sector.
   

3D Medical Imaging Devices Market Share

The 3D medical imaging devices industry is consolidated, with key players including Siemens Healthineers, GE Healthcare, Philips Healthcare dominating the market. These companies focus on ongoing product innovation, geographical expansion, and partnerships to secure substantial market share. For instance, Siemens Healthineers partnered with Atrium Health's IRCAD North America to enhance surgical training through advanced imaging and curriculum support at the Medical Learning Center of Excellence.
 

Some of the eminent market participants operating in the 3D medical imaging devices industry include

• Siemens Healthineers
• GE Healthcare
• Philips Healthcare
• Canon Medical Systems Corporation
• Hitachi, Ltd.
• Samsung Medison
• Hologic, Inc.
• Esaote S.p.A
• TeraRecon
• Materialise
• Shimadzu Corporation
• DigiRad Corporation
• Fujifilm Holdings Corporation

These market players are undertaking several growth strategies including partnerships, collaborations, acquisitions & mergers, new product development & launches to strengthen their product portfolio as well as gain a competitive edge over others.
 

3D Medical Imaging Devices Industry News

• In May 2023, Siemens Healthineers and CommonSpirit Health collaboratively announced their acquisition of Block Imaging with the goal of providing enhanced sustainability solutions and addressing the growing demand of American hospitals, healthcare systems, and other medical facilities for a broad spectrum of imaging equipment parts and services from various manufacturers.
   
• In June 2023, GE Healthcare partnered with DePuy Synthes to distribute the OEC 3D Imaging System, expanding access for surgeons and patients in the U.S. This collaboration reinforced GE Healthcare's commitment to advanced imaging for complex spine procedures and improved patient care.
   

3D Medical Imaging Devices market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and volume in Units from 2018 to 2032 for the following segments

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By Device Type, 2018 – 2032 (USD Million and Units)

• Hardware
  • X-ray
  • Ultrasound
  • CT
  • MRI
  • Mammography
• Software

By Application, 2018 – 2032 (USD Million)

• Oncology
• Cardiology
• Gynecology and obstetrics
• Neurology
• Other applications

By End-use, 2018 – 2032 (USD Million)

• Hospitals
• Diagnostic imaging centers
• Other end-users

The above information is provided for the following regions and countries

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of Middle East & Africa