Medical holography Market Competitive Analysis on Diagnosis, Treatment Type, Indication Methods and Management
Global Medical Holography Market Research Report: Information by Product (Holographic Displays, Holography Microscopes, Holographic Prints, Holography Software, and Holoscopes), Application [Medical Imaging (Opthalmology, Dentistry, Urology, Orthopedics, and Others), Medical Education, and Biomedical Research], End User (Hospitals and Clinics, Academic Medical Centers, Research Laboratories, and Pharmaceutical and Biotechnology Companies), and Region (Americas, Europe, Asia-Pacific, and Middle East & Africa)—Forecast till 2025
Market Scenario
The global medical holography market is expected to register ~33.7% CAGR during the forecast period of 2019 to 2025, with a market value of USD 378.2 million in 2018.
Holography allows the user to view fully parallax and auto-stereoscopic 3D images. Within this
the research effort, static, full-color holograms were created depicting medical content.
The global medical holography market is driven by factors such as technological advancements in medical holography and the growing adoption of holography products in medical and biomedical research.
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Global Medical holography Market – Regional:
Geographically, the regional market is segmented into America, Europe, Asia Pacific, and the Middle East & Africa.
America accounts the larger market for the hologram machines. As the early adoption of new technologies and more R&D is being carried out in this region. North America is the largest market for the hologram machines which is led by the United States. The adoption of new technology is more in this region as the research and development is also more and developing day by day.
Europe is the second largest market as it also has the advanced technologies and its own R&D. The region is also having its own set of regulations for the medical regulations. The expenditures are also more by the government bodies for the healthcare and adoption for the new and sophisticated technologies.
The Asia-Pacific region is witnessing fast growth in this region because of the rising factors such as healthcare spending, improving healthcare infrastructure in developing economies such as China, India, and South Korea, and growing awareness regarding the usage of holography products in medical applications.
The Middle East and Africa region is growing slowly due to factors like large number of unskilled labours, illiteracy is more, and economic development is slow.
Real View Imaging (Israel), Echo Pixel (CA), Integraf (USA), Royal Philips (Netherland), Zebra imaging, Eon Reality (US), Nano live SA (Switzerland), Holoxcia (Engalnd), Lyncee Tec (Switzerland), Mach 7 Technologies, General Electric Company, DPL Industri A/S Denmark, Olomagic, Arnold Herzig GmbH and others are some of the prominent players at the forefront of competition in the global medical holography treatment market and are profiled in MRFR Analysis.
Global Medical holography Market - Overview
A holography is a method of producing a three-dimensional image of an object using an interference pattern. The existing 3D technologies such as 3D-CT, 3D rotational angiography, 3D-ultrasound revolutionized medicine because they allowed doctors to see an individual patient's anatomy without cutting into the body. The exceptional penetration rate of holography products is attributable to the natural benefits of this technology over conservative alternatives, which influence companies to work further toward developing these products for subsequent commercialization.
The global medical holography market is majorly driven by factors such as rapid adoption of holography technology by medical fraternity for applications such as medical education, dentistry, orthopedics, increasing applications of holography in diagnostic imaging to visualize complex 3D structures in human body and biomedical research recent technological advancements in holography products are expected to significantly contribute to the growth of the market throughout the forecast period.
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Technological advances in hologram recording techniques in the recent years and the availability of tools for interpretation of holographic interferograms should boost its usage in the field of urology, pathology, ophthalmology, and orthopedics. Moreover, endoscopic holography should emerge as a powerful tool for non-contact high resolution and non-invasive measurements inside the human organs.
The market for Medical holography will grow very rapidly at a rate of 32% CAGR during the forecasted period 2017-2023. The market is expected to reach USD 3.5 billion during the forecasted period.
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