Global 3D Medical and Surgical Imaging Platforms Market Expands at Impressive 18.1% CAGR

WELLESLEY, Mass., January 22, 2019 (Newswire.com) - Surging development of modern visualization methods and technology platforms and the rising demand for 3D imaging in chronic diseases diagnosis and monitoring are driving growth factors in the global 3D medical and surgical imaging platforms market, according to BCC Research's recent research report.

The global market for 3D medical and surgical imaging platforms was valued at $4.5 billion in 2018 and is expected to reach nearly $10.4 billion in 2023 at a compound annual growth rate (CAGR) of 18.1% during the forecast period, according to the report “Global 3D Medical and Surgical Imaging Platform Market.”

Major players in the industry include Canon Medical Systems Ltd., GE Healthcare, Lexmark International Inc., McKesson Corporation, Medtronic plc, Olympus Corporation, Siemens Healthineers, Stryker Corporation, and others.

Research Highlights:

• North America dominates the global 3D medical and surgical imaging platform market due to the plethora of key market players in the region.
• Global market growth is driven by technological advancement, a high prevalence of diseases that require imaging procedures such as CT and MRI for diagnosis, surgical planning, and increasing deployment.
• Hospitals are the largest segment in 3D medical and surgical imaging platforms. Hospitals accounted for revenues of nearly $1.8 billion in 2018 and is expected to increase to $4.3 billion by the end of 2023.

“Both physicians and healthcare institutions are readily adopting new technologies to improve efficiency and quality of treatment,” said Vijay Laxmi, the report’s author. “Technologies include cloud computing, big data analytics, electronic healthcare records, precision surgeries, predictive analytics, robotics and more. An individual patient generates large amounts of data in a lifetime of medical records, certificates, prescriptions, anatomy images, and other statistics.”

Ultrasound Imaging a Key Market Driver

3D medical and surgical imaging platforms are being widely adopted in the ultrasound application. Ultrasound imaging uses sound waves to produce images of the inside of the body. The demand for ultrasound imaging is a significant driver of the 3D medical and surgical imaging platforms market across the globe.

Editors/reporters requesting analyst interviews should contact Eric Surber at press@bccresearch.com.

Source: BCC Research