Ease of Visualization Favors Adoption of 3D Imaging

3D imaging is a method of using a two-dimensional surface to render a 3D image on it, by means of creating an optical illusion of depth. Optical illusion is characterized by visually perceived images which differ from the reality. Growing demand for advanced technology across various industry verticals, such as media and entertainment, defense and automotive among others has encouraged organisations to adopt 3D imaging systems.

3D Imaging Market Analysis-

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The global 3D imaging market is primarily driven by factors such as increasing demand for medical imaging and growing usage of 3D imaging in machine vision applications of industrial automation. Moreover, growing demand for 3D imaging technology in the entertainment industry is boosting the market growth. Considering these positive factors, the demand for 3D imaging is set to rise during the forecast period from 2015 - 2021.

Based on end-use products, the global market can be segmented into 3D cameras, sonography, smartphones and others. 3D cameras garnered the maximum revenue in 2014. The market for these cameras is largely driven by the proliferation of 3D camera applications in smartphones. 3D cameras have been further segmented into time of flight, stereo vision and structured light cameras. Sonography has been bifurcated into sonars and ultrasound.

On the basis of 3D image sensors, the global market has been bifurcated into CMOS sensors and CCD sensors. CMOS dominated the market in 2014 and is expected to maintain its dominance throughout the forecast period. The benefits associated with CMOS sensors such as low manufacturing costs, low power consumption, compact size and low power dissipation is strongly driving the adoption of these sensors across a diverse range of applications.

3D imaging market, by applications is segmented as 3D modeling, 3D scanning, 3D rendering, image reconstruction and layout and animation. 3D scanning was the largest contributor to the market in 2014 and accounted for a substantial share of the overall market. Increasing prominence of 3D scanning across several application areas including urban topography, mechanical dimension inspection, architecture, reverse engineering and aerospace and defense among others is primarily triggering the growth of this market.

By end-use industries, the global market has been classified into six segments, namely: entertainment, healthcare, architecture and engineering, industrial applications, security and surveillance and others. The healthcare segment acquired the largest share of the market in 2014 and is expected to impact the market positively throughout the forecast period. The widespread usage of 3D imaging in several applications areas in this sector such as ultrasound, computed tomography, magnetic resonance imaging, oncology, gynecology, dentistry, cardiology and orthopedics is helping spur gains in the global market.

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3D imaging market has been geographically divided into four regions, namely North America, Europe, Asia Pacific and Rest of the World. North America occupied the largest share of the market in 2014 and was followed by Europe. In 2014, these two regions conjointly held more than 70% of the global market. Asia Pacific is expected to be the fastest growing region during the forecast period. The technological advancements in the field of 3D imaging are being implemented widely across various industries in these regions and this is primarily driving the market.

 Some of the major players in the market are: Infineon Technologies (Germany), Lockheed Martin Corporation (U.S.), Google Inc.(U.S.), Hewlett-Packard Corporation (U.S.), Microsoft Corporation (U.S.), Panasonic Corporation (Japan), GE Healthcare (U.K.), Konica Minolta, Inc. (Japan), STEMMER IMAGING Ltd. (Germany) and Zebra Imaging Inc. (U.S.) among others.

3D Imaging- Powerful Demand in Healthcare Sector

3D imaging refers to the method of using a 2D surface to render three-dimensional images on it, by creating an optical illusion of depth. This helps enhance the 360-degree viewing experience of any image. The advent of advanced technologies such as 3D displays and 3D image, which deliver high-resolution images, has subsequently fuelled the adoption rate 3D imaging across industries.

Industrial sectors as diverse as media and entertainment, advertising, architecture and engineering, construction, and healthcare have incorporated a plethora of 3D visualization technologies into their design, development, and production process. The impressively expanding library of 3D modeling tools and 3D content has made design more affordable and has significantly boosted the product-to-market process.

3D Imaging and Its Market Information:

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The report segments the global 3D imaging market based on end-use product, 3D image sensor, application, end-use industry, and geography. Based on end-use product, the global 3D imaging market is segmented into sonography, 3D cameras, smartphones, and others. Of these, the 3D cameras segment held the largest share in the market in 2014. Based on the type of 3D image sensor, the market has been bifurcated into CCD sensors and CMOS sensors. Of these, the global 3D imaging market was dominated in 2014 by the CMOS segment, which is also anticipated to maintain its dominance over the report’s forecast period.

By application, the 3D imaging market has been segmented into 3D scanning, 3D modeling, 3D rendering, layout and animation, and image construction. Of these, the 3D scanning segment led the market in 2014. Based on end-use industry, the global 3D imaging market was led by the healthcare segment in 2014, which is also expected to continue to contribute significantly towards the growth of the market in the near future.

Regionally, the global 3D imaging market is segmented into Asia Pacific, Europe, North America, and Rest of the World. Of these, North America held the largest share in the market in 2014, followed by Europe. These two regions collectively accounted for a share of 70% in the global market in 2014. However, Asia Pacific is expected to exhibit the fastest growth in terms of demand for 3D imaging over the forecast period.

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A leading number of companies dealing with virtual reality in Asia Pacific are already focusing on making advanced video games. These companies see lucrative potential in 3D imaging technology to offer innovative solutions across diverse facets of daily life, from education to healthcare and military training. Furthermore, the growing awareness among consumers in developing regions provides favorable opportunities for the 3D imaging market to gain profit.

The report provides a comprehensive overview of the prevalent market dynamics and future outlook of the global 3D imaging market. To present an executive-level blueprint, companies such as Lockheed Martin Corporation (U.S.), Infineon Technologies (Germany), Google Inc. (U.S.), Konica Minolta, Inc. (Japan), Hewlett-Packard Corporation (U.S.), GE Healthcare (U.K.), Panasonic Corporation (Japan), Microsoft Corporation (U.S.), STEMMER IMAGING Ltd. (Germany) and Zebra Imaging Inc. (U.S.) are also profiled in the report.

What makes 3D Imaging a Transformative Technology?

The 3D revolution is bringing about an irreversible change to the world. The 3D imaging technology is a central part of this change. And it’s causing a very fundamental shift in the functions of various industries. Having entered the market as somewhat of a novelty, industries have been quick to adopt 3D imaging and mold it to suit their needs. As a result of this upswing in the adoption and commercial-scale usage of 3D imaging, the global 3D imaging market is expected to grow to nearly five times its current size by 2021.

3D Imaging Technology- https://is.gd/ds0EeF

The business intelligence firm says that the global 3D imaging market stood at US$3.51 bn as of 2014 and will show sturdy growth to touch US$17.99 bn by 2021, representing a 26.8% CAGR between 2015 and 2021.

What makes 3D Imaging a Transformative Technology?

The possibilities of 3D imaging, especially when combined with other 3D technologies such as additive manufacturing, can be limitless. From trinkets to sophisticated medical components, 3D imaging is introducing the world to disruptive solutions. Here’s how:

• Advancing Manufacturing to the Next Level: 3D imaging has now made it possible for engineers to create basic prototypes and manipulate their scanned versions as desired to create highly complex objects and parts. Once the virtual improvements are made and the design frozen, the final prototype can be 3D printed. Besides optimizing the quantity of material used, 3D imaging has also helped speed up new product design giving manufacturers the power to bring their products to the market faster than before.
• Making Image Acquisition Easier: A three-dimensional image of an object can be acquired via several different methods. While in some cases the use of 3D cameras is most preferred, technicians are also creating extremely intricate and complex images by using computed axial tomography (CT), which uses multiple x-rays to render the exact internal structure of an object on a display screen. In addition to cameras and CT, the 3D imaging market now also carries sensors and lasers that can be used to render an a detailed image of an object. LIDAR, for example is used for 3D imaging projects involving landscapes.
• Helping Save Lives: The healthcare industry, which is characterized by its focus on innovation, has adopted 3D imaging at several different levels. Bioprinting, which is a branch of 3D imaging and printing, is being widely used to design and print muscle, cartilage, and skin. For instance, scientists at the Wake Forest University recently were successful in creating a 3D bioprinting tool that can ‘print’ muscle tissue, synthetic bone, and cartilage. They even bioprinted a human ear that’s capable of being transplanted into humans.

The 3D imaging market, however, has more to offer than just advanced systems and experiments. Products that can be used by the average consumer in their everyday life are now increasingly trickling into the market. A case in point would be a hand-held 3D imaging system, Walabot, which enables people to see through liquids, objects, and materials. What’s unique about this system is that it can be downloaded on smartphones to instantly turn the ubiquitous device into a 3D imaging system. With 3D imaging technology percolating to the consumer level, the possibilities are indeed endless.

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