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3D Imaging Market-

3D Imaging Market-Demand for Efficient Technologies Surges in Healthcare and
The global 3D imaging market is foreseen in a report by Transparency Market
Research (TMR) to bear a vendor landscape that carries a vastly intense level of
competition between individual players. According to seasoned TMR analysts, the
market could be highly consolidated due to the presence of fewer popular and firmly
established companies. Most players are anticipated to adopt three key business
strategies to cement their position in the market, i.e. expanding product portfolio,
facilitating product differentiation, and participating in mergers and acquisitions.
The competition could level up with the entry of new players in the global 3D
imaging market. Philips Healthcare, Hewlett-Packard Corporation, and Lockheed
Martin Corporation are some of the top players operating in the market.
As per TMR, the global 3D imaging market could be valued at a US$17.99 bn by the
completion of 2021. On the basis of end-use industry, the market is predicted to find
healthcare securing a lion’s share in the coming years. With respect to region, North
America could reach to a stronger market value by the end of the forecast period
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Rising Prevalence of Chronic Diseases Stimulates Demand for 3D Imaging in
The world 3D imaging market is foretold to attain massive growth on the back of
widespread use of the technology in the automotive and healthcare industries. 3D
imaging is extensively used in provision of treatment, diagnosis of diseases, research,
surgery, and other individual domains in the healthcare industry. Demand for
efficient technologies such as 3D imaging in healthcare is stoked by increasing
incidence of heart disease and cancer and rising frequency of complex surgeries. Even
in the field of medicine, 3D imaging is considered to be a highly useful technology.
3D imaging also finds application in other industries for designing a range of
technologies including drones, robots, automobiles, and gadgets. Thus, any growth in
these industries could mean a positive sign for the world 3D imaging market.
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