Report: 3D market to reach $3.5B

The 3D medical imaging market is expected to produce $3.5 billion in revenues by 2015, according to a report by market research firm Global Industry Analysts.

While currently affected by the weaker economic climate, the 3D medical imaging sector appears to have an optimistic future, according to the San Jose, CA-based firm. Once global economies recover from the effects of recession, 3D imaging growth will be fueled by the aging population and continued rise in the incidence of critical diseases, Global Industry Analysts predicts.

Thanks to its significant advantages, 3D is finding application in new areas such as obstetrics/gynecology, cardiology, and dentistry, according to the company. Global Industry Analysts expects that future growth will also be facilitated by technological advances.

On a regional basis, Europe is currently the largest regional 3D imaging market worldwide, followed by the U.S. However, market growth will primarily come from developing markets such as Asia-Pacific and Latin America, according to the firm.

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