Market Research Future published a Half cooked research report on “Holographic Images Market Research Report – Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.
Holographic images is the technique that diffracts light into an image. It is the science that provide three dimensional images of object by recording the light scattered from it. A holographic image can be seen by looking into an illuminated holographic print or by shining a laser through a hologram and projecting the image onto a screen. Surgeon get help to plan and rehearse surgical procedures with the help of information that is provided by holography. Additionally, rising in the prevalence of heart and spine surgery generate the demand for advance technology of holographic images for better treatment.
According to report published by the World Health Organization (WHO), in 2016, around 17 million people died globally owing to cardiovascular diseases and strokes. Report suggest that men and women both have equal chance of occurrence cardiovascular disease.
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The global holographic images market is showing the significantly growth; mainly due to increase in number patient population going through surgery process and rising number of research and development funding for quality technique of holographic images. According to report published by the World Health Organization (WHO), in 2016, around 54% of deaths from non-communicable diseases in the Eastern Mediterranean Region are due to cardiovascular diseases and death attributed to cardiovascular diseases range from 49% in Oman to 13% in Somalia.
Rapidly increase in the number of spinal and heart surgery, across the world develop the big opportunity for the players. Thus companies are investing more into research and development to introduce quality products. For instance, In May 2016, Holoxica, introduce a full 3D image of human brain fiber pathways and after two month the company introduced the first ever holographic 3D digital Human Anatomy Atlas prototype.
There are many more development has done by Holoxica Limited. In 2017, company working with scientist at ACTPHAST (the Access Center for Photonics Innovations Solutions and Technology Support) to introduce interactive holographic video technology with significant potential applications in medical imaging evaluation and manipulation.
Increasing in the prevalence of patient population around the globe is creating the huge scope for the market players to make profit.
EON Reality (U.S), Lyncee Tec (Switzerland), RealView Imaging (Israel), Leia (U.S), Holoxica (U.K), Zebra Imaging (U.S), Ovizio Imaging Systems (Belgium) are some of the leading players at the cutting edge of the competition in the market of Holographic Images, globally.
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Global Holographic Images Market – Regional Analysis
The market of holographic images is much higher in the Americas region. There are several factors for tremendous growth of the holographic images market in this region such as wider acceptance of the technology, Major players belong from this region. The holographic images technology was initially adopted by the North American countries, over the years the use of the holographic image has increased and capture the market of the Americas.
Europe is also consider huge market for holographic images players, owing to present of huge patient population. According to European Federation of Pharmaceutical Industries and Associations, in 2014, highest spending on research and development has been made by Pharmaceutical and Biotechnology industry amongst all the industries that is 14.4% from the total revenue and the Pharmaceutical R&D expenditure of Europe was around € 30.88 billion. The population within the reason are more aware about the healthcare in comparison to other region like Asia Pacific and The Middle East and Africa.
Asia Pacific and the Middle East and Africa region are considering the big opportunity for the market players owing to the presence of huge patient population. Whereas country like India and china of Asia Pacific region are considering fastest growing region. These countries are open to adopt new technology, and best treatment option from developed countries in order to improve the quality of life for their citizen. In 2014, It is expected that holographic images market growth in Japan would be higher in compared to other Asian countries. Japan is well developed country and have well established healthcare system and technology, whereas developing countries are still focusing on new technology which lead to increase in the demand for various holographic images. Most of the countries from these region such as India and China are investing more into research and development activity for introducing better technology at nominal price.
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