Medical Holography Market

Medical Holography Market Is Expected To Reach Around USD 3,879 Million By 2027

From 2016 to 2021, the entire medical holography market is predicted to increase at a CAGR of 33.7 percent, from USD 163.4 million in 2015 to USD 953.9 million in 2021. In medical science, holography is primarily utilised to create three-dimensional representations of the human anatomy. Medical 3D holography is used to represent complicated 3D structures in medical imaging, medical research, and medical education and training. Holography displays, holography microscopes, holography prints, holography software, and holoscopes are among the holography items studied. The study’s base year was 2015, and the projection was made for the years 2016 through 2021.

Market Trends

Drivers

Holography devices are becoming more widely used in biological research and medical teaching.

Holography’s clinical applications are expanding.

Holography’s emergence as a potential technology for describing complicated three-dimensional structures

Restraints

Processing holograms has a high computational cost.

Opportunities

Investments in the digital holography business are increasing.

Challenges

Limitations of technology

In direct sunshine, the projection is less effective.

Medical Holography Market
Medical Holography Market

The medical holography market is growing due to the increasing use of holography products in biomedical research and medical education.

Holography has emerged as one of the most promising medical technologies. Holographic techniques have found new uses in the life sciences, medical research, and medical education. The use of holographic imaging and projection in biological research and medical education and training has resulted in significant changes.

Holographic display technology and digital holograms are widely employed in the education business and hospital teaching, in addition to medical imaging and research. 3D visualisation via holography products creates an engaging and interactive learning environment, as holography aids in the retention of information more effectively than conventional learning strategies. Various market participants are concentrating on producing holographic prints and holography software to be utilised for medical education and training applications, with an increasing focus on structural biology in medical schools. Companies have created a 3D kit enabling medical students and surgeons to perform surgeries and dissections without having to use real bodies or organs. True3D Viewer, a new generation of medical visualisation software, has been released by Echopixel, a new player in the medical holography market. Anatomical data from patients is converted into fully interactive, three-dimensional virtual reality pictures using this programme. Medical holography is being more widely employed in healthcare research, hospital teaching, and medical education as a result of these advancements.

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Holographic techniques are increasingly being used in research labs, schools and universities, and hospitals around the world due to their growing applications and benefits.

The study’s main objectives are listed below.

On the basis of product, application, end user, and region, define, describe, and predict the global medical holography market.

To provide comprehensive information on the primary elements impacting the medical holography market’s growth (drivers, restraints, opportunities, challenges, and industry trends)

To conduct a strategic analysis of the study’s many segments and subsegments in terms of individual growth trends, future prospects, and contributions to the entire market

To give specifics of the competitive landscape for market leaders and to examine the opportunities in the medical holography market for stakeholders.

To profile the market’s major players and conduct a thorough analysis of their market shares and core competencies.

To forecast market segment sizes in four major regions (along with nations), namely North America, Europe, Asia-Pacific, and the Rest of the World.

To track and analyse competitive trends in the medical holography industry, such as mergers and acquisitions, new product developments, and agreements, partnerships, and investments.

Major competitors operating in the medical holography market in several areas were discovered during this research study, and their offers and regional presence were assessed through in-depth conversations. The overall market size was calculated using both top-down and bottom-up methods. The percentage splits gathered from secondary sources such as Hoovers, Bloomberg BusinessWeek, and Factiva, as well as primary respondents, were used to estimate the sizes of the other individual markets. The entire method entails a review of the top market participants’ annual and financial reports, as well as thorough interviews with industry professionals such as CEOs, VPs, directors, and marketing executives for crucial market insights (both qualitative and quantitative). The graph below depicts the breakdown of the primaries by firm type, designation, and region investigated throughout the investigation.
EchoPixel, Inc. (US), RealView Imaging Ltd. (Israel), Mach7 Technologies Pte. Ltd. (Australia), Ovizio Imaging Systems (Belgium), Holoxica Ltd. (UK), zSpace, Inc. (US), Lyncée Tec (Switzerland), Eon Reality (US), Zebra Imaging (US), Nanolive SA (Switzerland), and Holografika Kft. are some of the key players in the medical holography (Hungary).

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Significant Market Changes

The world’s first three-dimensional digital holographic representation of the human brain fibre pathways was released in May 2016 by Holoxica Limited (UK). This novel brain path imaging aids neurosurgeons and doctors in identifying, diagnosing, and treating a variety of neurological disorders, including Alzheimer’s, MND, stroke, and cancer.

Rattan Software was bought by Zebra Imaging, Inc. (US) in November 2015. (U.S.). Zebra Imaging was able to use Rattan’s experience in advanced 3D light-field technology in its upcoming holographic display solutions as a result of this acquisition.

True 3D Viewer, a real-time, interactive virtual reality system, was released by EchoPixel (US) in March 2015. Anatomical data from patients is converted into fully interactive, three-dimensional virtual reality representations with this device. This enabled the company to enter the market with a highly advanced medical imaging product.

Audience You’re After

Companies that provide medical holography

Clinics and hospitals

Laboratories for pathology

Diagnostic and imaging centres in medicine

Medical academic institutes and research institutes

Institutes of government research

Biotechnology and pharmaceutical firms

Consultancy and market research firms

Investors and venture capitalists