The Medical Holography Market for 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.
A hologram is a recording device in which a two- or three-dimensional medium of the interference pattern is formed when a point source of light which is the reference beam of fixed wavelength meets light of the same fixed wavelength arriving from an object beam. Most biomedical imaging techniques are required by doctors to create 3-D visualizations out of a dataset of 2-D images. They gather this images by a CT scanner, MRI, ultrasound, or other devices. It can be a monotonous and time-consuming process. But more highly, this imperfect system can’t always represent patient tissue and organs with enough accuracy or precision, creating holes in the pictures more literal than abstract that make it difficult for doctors to decide how to best diagnose and treat patients. 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. Moreover, the high physician demand to gain deep insights during diagnosis is widening the scope for sector growth.
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Global medical holography market Key players:
Real View Imaging (Isarel), 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.
The segmentation is done on the basis of the type and by medical applications. On the basis of type includes reflection hologram, transmission hologram and hybrid hologram. The hybrid segment is further sub-segmented into the types Embossed hologram, Integral holograms, Holographic interferometry, multichannel hologram and computer generated hologram. On the basis of medical application it includes X-ray holography, Endoscopic holography, Multiplexed Holography for Medical Tomography, Holographic Light-in-Flight Recording Method, Holography in Ophthalmology, Holography in Dentistry, Holography in Orthopedic. The ophthalmology segment has sub-segment which include Diffractive Bifocal Intraocular Lens. Also the endoscopic holography further have sub-segments like Internal Hologram Recording Endoscope, External Hologram Recording Endoscope.
The market is segmented into four main geographic regions Americas, Europe, Asia-Pacific, and Middle East and 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. The Europe region accounts the second largest market for the hologram machines. 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 because of the slow growing economic development and slow growth in technological advancement.
Table of Content
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.3 Market Structure:
2 Research Methodology
2.1 Research Process:
2.2 Primary Research
2.3 Secondary Research:
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3 Market Dynamics
3.4 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porters Five Forces Model
4.2 Bargaining Power Of Suppliers
4.3 Bargaining Power Of Buyers
4.4 Threat Of New Entrants
4.5 Threat Of Substitutes
4.6 Intensity Of Rivalry
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