According to a new report available on Radiant Insights, Inc.; the global 3D orthopedic scanning systems market is projected to witness a rapid growth over the forecast period (from 2017 to 2022). 3D orthopedic scanners are used for scanning different body parts to diagnose and treat any defects. These scanning systems find applications in orthopedic, ENT, spine, maxillofacial, cosmetic, neurological, dental, and other general surgical procedures.
Advancements in 3D orthopedic scanning technology, growing demand for 3D scanners for diagnosis, and high number of geriatric population base are some of the key growth drivrs for the global market. Prevalence of orthopedic issues and technological advancement can further support growth over the forecast period.
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Growing concerns about exposure to radiation exposure from Multi Detector Computed Tomography (MDCT) is another major driving factor for the 3D orthopedic scanning systems market. Usage of iterative reconstruction software decreases the radiation contact to an extent and enhances the image quality.
However, product recalls, strict government rules & regulations for the reduction of overall healthcare costs and consequent upswing in mass purchasing through Group Purchasing Organizations (GPOs) may hinder the market growth.
The global 3D orthopedic scanning systems market is categorized as per products, end-users or applications, and regions. On the basis of products, the market is segmented into scanning systems, accessories, and software. Scanning system is anticipated to account for the maximum market share over the forecast period. It is further divided into sensor, display, camera, and others. As per end-users, the market is divided into cosmetic surgeries, dental, spine, maxillofacial, and others. Orthopedic may lead the global market for 3D orthopedic scanning system in the years to come.
Geographically, the global 3D orthopedic scanning systems market is divided into North America, Europe, India, China, Japan, and Southeast Asia. North America may continue dominating the global market in terms of overall share till 2022. This is mainly due to the usage of advanced technologies and products. Developing markets in Middle East & Africa (MEA), Asia-Pacific (APAC), and Latin America are also projected to witness a rapid growth over the next few years.
Growth in APAC is accredited to the factors such as huge investments by the major manufacturers, developing healthcare infrastructure, and growing geriatric population that is prone to various chronic diseases. In addition, rising government funding to improve the regional healthcare facilities can further fuel the overall growth of the market for 3D orthopedic scanning systems.
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Some of the noteworthy companies operating in the worldwide 3D orthopedic scanning systems market are FARO Technologies UK Ltd.; Fuel 3D Technologies Ltd.; Orthopaedic Innovation Centre Inc.; TechMed 3D Inc.; and Artec Europe S.A R.L.
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