Medical Holography Market accounted for US$ 648.26 million in 2020 and is estimated to be US$ 116.52 million by 2030 and is anticipated to register a CAGR of 34.1%. Holography is a method of recording and scattering light through holographic devices when the source of light is unavailable owing to the lack of original images. Holographic technology is now widely used in the medical field for body scanning, medical examinations, and research. Academics are also utilising the medical holography approach to better comprehend the anatomy and intricacy of a disease. Medical holograms could also be used to detect counterfeit medicine as a security measure.
The report " Global Medical Holography Market, By Product (Holographic Display, Holography Microscope, Holographic Prints, and Holography Software), By Application (Medical Imaging, Medical Education, and Biomedical Research), By End User (Academic Centers, Pharmaceutical and Biotechnology Companies, and Hospitals), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2029’’
Key Highlights:
· In August 2021, The HOLOSCOPE-i holographic system from RealView Imaging Ltd. has been granted FDA 510(k) approval. Based on information from regular CT scans and 3D ultrasound devices, the system generates spatially correct, three-dimensional interactive medical holograms. Prior to and during interventional procedures, the HOLOSCOPETM-i is the first and only medical holography system that provides physicians with a natural 3D visualization experience, allowing direct and precise interaction with dynamic holograms of the patient's true anatomy, floating in free space at hand's reach.
Analyst View:
In the near future, the target market is predicted to develop due to increasing clinical applications of holography in the healthcare sector and rising acceptance of holography products in biomedical research and medical education. Furthermore, the rising prevalence of chronic diseases such as cancer and cardiovascular diseases is fueling need for diagnostic tools to detect diseases around the world, propelling the target market forward. However, the exorbitant cost of hologram processing is a major stumbling block to the target market's expansion.
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Key Market Insights from the report:
Global Medical Holography Market accounted for US$ 648.26 million in 2020 and is estimated to be US$ 116.52 million by 2030 and is anticipated to register a CAGR of 34.1%. Global Medical Holography is segmented into product, application, end-user and region.
· Based on Product, the Global Medical Holography Market is segmented into Holographic Display, Holography Microscope, Holographic Prints, and Holography Software.
· Based on Application, the Global Medical Holography Market is segmented into Medical Imaging, Medical Education, and Biomedical Research.
· Based on End-user, the Global Medical Holography Market is segmented into Academic Centers, Pharmaceutical and Biotechnology Companies, and Hospitals.
· By Region, the Global Medical Holography Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Global Medical Holography Market:
The key players in the global Medical Holography Market includes Echo Pixel Inc., Realview Imaging Ltd., Mach7 Technologies Ltd., Ovizio Imaging systems NV/SA., Holoxica Ltd., zSpace Inc., Lyncee Tec. S.A., Eon Reality Inc., Zebra Imaging Inc., and NanoLive S.A.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
