October 31, 2014

Advanced 3D and 4D Visualization Systems Market is Expected to Reach US$2 Billion by 2018

Global market for Advanced (3D/4D) Visualization Systems is projected to cross the US$2 billion mark by 2018, driven by technological advancements, increasing adoption among clinical departments, and rising demand from emerging markets.

Advanced capabilities, such as 3D and 4D imaging, are now a reality given the technological innovations that have made computing of multiple probe signals possible across various imaging modalities. The market for Advanced (3D/4D) Visualization Systems has been benefiting from advances in the field of computer hardware and software, in addition to developments in the area of AV technology (3D) and PACS module integration. A noteworthy advancement in the area of advanced visualization has been the move from a thick client to a thin client server and to cloud technology. Driven by these developments, the market is making significant inroads in a wide range of imaging modalities and clinical applications. AV systems are increasingly finding demand in various clinical departments including radiology, cardiology, neurology, oncology, dentistry, and obstetrics/gynecology, owing to the significant advantages offered by the technology.

Radiology represents the largest market segment worldwide. Advanced visualization technologies such as 3D and 4D imaging has emerged as a vital tool for radiologists, as the visualization functionality greatly enhances radiologist efficiency through streamlining workflow processes. These tools in addition also support per-operative planning by enabling physicians to make accurate diagnosis. Cardiovascular imaging represents a high growth area for advanced visualization technologies driven by advancements in image acquisition techniques such as CT imaging. This is largely because these advanced visualization technologies aid in minimally-invasive procedures compared to the current standard procedures, thereby eliminating the need for invasive surgical procedures.

As stated by the new market research report on Advanced (3D/4D) Visualization Systems, the United States represents the largest market worldwide. Asia-Pacific is forecast to witness the fastest growth over the analysis period, with a CAGR of 7.1%. Growth in the region is driven by large patient pools, increased government spending on healthcare programs, strong economic growth, and increasing number of new diagnostic centers and hospitals with advanced imaging equipment.

Major players covered in the report include Fujifilm Holding America Corporation, GE Healthcare, Philips Healthcare, Qi Imaging, Siemens Healthcare, TeraRecon Inc., and Vital Images Inc., among others.

The research report titled “Advanced 3D and 4D Visualization Systems: A Global Strategic Business Report” available from Electronics.ca Publications, provides a comprehensive review of trends, issues, and strategic industry activities. The report provides market estimates and projections for geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World. The report also analyzes the global market for Advanced (3D/4D) Visualization Systems by end-use segments such as Radiology, Cardiology, Oncology and Others.

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