3d Scanning Market Is Expected to Garner $5.7 Billion, Worldwide, by 2021- Allied Market Research

3D Scanning Market is expected to garner $5.7 billion, worldwide, by 2021- Allied Market Research

A new report by Allied Market Research titled, “World 3D Scanning - Market Opportunities and Forecasts, 2014-2021”, forecasts that the world 3D scanning market would garner a revenue of $5.7 billion by 2021, registering a CAGR of 13.6% during 2016 - 2021. Applications of 3D scanners in industrial manufacturing generated the highest revenue in 2014. Geographically, North America and European markets would be the key revenue contributors, constituting over 65% of the total market revenue throughout the analysis period. 

Nowadays, 3D scanning technology is gaining increased adoption in different industry verticals due to its improved efficiency, and faster and accurate results. Among different types of scanners, the laser scanners are widely adopted due to their easy portability and low price range. Thus, the industry players are keenly focusing on developing technologically advanced lighter laser scanners for indoor and outdoor applications. For instance, the leading industry player, FARO Technologies, Inc. has recently introduced Freestyle X Handheld Laser Scanner for short range applications in civil and architecture sector. 

3D scanners are finding a variety of applications in healthcare sector in magnetic resonance imaging (MRI), X-rays, CT scan and other body scanning processes. Government initiatives to provide enhanced healthcare facilities and medical practices to the populace have led to the increasing adoption of 3D scanners in medical applications. Especially, the short and long range scanners are commonly preferred in these sectors. Besides this, security surveillance is one of the promising applications of 3D scanners at public places.

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