3D orthopedic scanning systems are used to scan various body parts to diagnose and treat the defects in it. 3D orthopedic scanning system can obtain accurate 3D structure of the scanned body part to producing items that are customized to the individual. These scanners find use in orthopedic surgical practices. 3D orthopedic scanning systems help to design and develop various customizations in footwear development, design of customized orthotics, and investigations for other medical and comfort purposes related to the bones and body part. 3D orthopedic scanning systems also have various clinical and research purposes. These systems help researchers to scan a number of subjects fast and easily, store and make data available for analysis and results at a convenient time and place. 3D orthopedic scanning systems are used in surgical practices such as orthopedic, spine, ENT, cosmetic, maxillofacial, dental, neurological, and general surgical procedures. Presently, most of the 3D orthopedic scanning systems available in the global market are equipped with camera, scanner, display, and memory management systems.
A number of factors affect the growth of the 3D orthopedic scanning system market. Key factors include rising demand for 3D scanning for diagnosis, development and advancement in 3D orthopedic scanner devices, and rise in global geriatric population. Other key drivers are technological advancement in scanning devices, increase in the number of cosmetic procedures, and rise in the number of orthopedic problems related to elderly population. The market is also witnessing restraints or challenges in its path such as development of other scanning technologies and stiff competition among existing 3D orthopedic scanner device manufacturers. Moreover, product recalls, government regulations for reduction of overall health care cost and subsequent upswing in bulk purchasing through INHs and GPOs (Group Purchasing Organizations) are restraining the market.
The 3D orthopedic scanning systems market can be categorized based on product type, application, and region. In terms of product type, the market can be classified into scanning system, accessories, and consumables. The scanning system segment can be further classified into sensor, camera, display, and others. The scanning system segment holds the largest share of the market. Based on application, the market can be segmented into orthopedic, spine, ENT, cosmetic, maxillofacial, dental, neurological, and others. The orthopedic segment dominates the 3D orthopedic scanning system market.
Geographically, the 3D orthopedic scanning system market can be classified into five major regions: North America (U.S. and Canada), Europe (Germany, France, U.K., etc.), Asia Pacific (Australia, New Zealand, China, Japan, India, etc.), Latin America (Brazil, Mexico, etc.), and Middle East & Africa (GCC Countries, Saudi Arabia, South Africa, etc.). North America holds the largest share of the market due to advanced technology in this region. The emerging markets in Asia Pacific, Latin America, and Middle East & Africa are expected to register robust growth during the forecast period from 2016 to 2024. This is attributed to increasing investments by the key players operating in these countries, growing health care industry, and the aging population leading to growth in the patient population in these countries. India, China, and Brazil are expected to drive growth owing to increasing investments by government bodies to enhance health care facilities.
Key companies operating in the global 3D orthopedic scanning system market are Elinvision, Orthopaedic Innovation Centre, TechMed 3D Inc., AGE Solutions S.r.l., FARO Technologies UK Ltd., SCANNY3D S.R.L., and 3D Systems, Inc.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.