The latest published report by Polaris Market Research. The global medical holography market The report “Medical Holography Market Share, Size, Trends, Industry Analysis Report, By Product (Holographic Displays (Laser, Touchable, Piston, Semi-Transparent), Microscope, Print, Software, and Others); By Application (Imaging (Ophthalmology, Dentistry, Urology, Otology, Orthopedics, Others), Medical Education, and Biomedical Research); By End Use (Academic Centers, Pharmaceutical & Biotechnology Companies, Hospitals & Clinics, and Research Laboratories); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Market Analysis:
The global medical holography market was valued at USD 589.4 million in 2019 and is expected to reach USD 4.22 billion by 2027 to grow at a CAGR of 28.6% during 2020 – 2027. Medical holography refers to a technique that can develop three-dimensional images of the targeted organ of the body. Development of 3-D image of any specific organ of interest for the surgeons or physicians is of notable importance as it simplifies the treatment procedure for the physicians.
The traditional CT-scan and MRI-scan only delivers 2-D image while requiring the surgeons or physicians to develop a 3-D image in their mind in order to clearly understand the existing situation and thereby, suggest further course of action. Whereas, holography simplifies the same through 3-D imaging technique for healthcare employees.
The prominent factors favoring the global market growth include advancement in medical holography technique, investments in development of holography-based gadgets, and extensive adoption of medical holography technique among the healthcare institutions such as hospitals and clinical research organizations (CROs) to assist the physician in their operating procedure and clinical researchers all through their healthcare research.
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List Of Key Players Of Medical Holography Market
- Lyncee Tec
- zSpace, Inc.
- Terumo Corporation
- Phase Holographic Imaging AB
- RealView Imaging Ltd.
- Nanolive SA
- EON Reality, Inc.
- Holoxica Ltd.
- Mach7 Technologies
- EchoPixel
- Ovizio Imaging Systems
Competitive Insight :
The market players are involved in developing cost-effective three-dimensional kit for healthcare professionals and medical students that would assist them while performing dissections and surgeries without any requirement of real organs and bodies. In September 2019, EchoPixel launched an advanced intraoperative software for offering touchless, naked-eye interactive three-dimensional anatomical imaging in order to assist surgeons while performing structural heart surgeries in the operating rooms, laboratories, and hybrid operating rooms. Such technique paves the way for personalizing and improving the delivery of the most demanded minimally invasive procedures.
Players in the market are focusing on new product development and acquisitions to boost their product portfolio as well as expand their geographical presence across various countries and regions. Moreover, the companies have raised funding to boost the development of the holographic products that contributes to their market share. In July 2020, RealView Imaging raised approximately USD 10 million for the development of a three-dimensional in-Air hologram device.
Regional Insights :
North America dominates the global market for medical holography and is anticipated to maintain its dominance over the forecast period. Increasing funding for research and development of medical imaging techniques and the rising adoption of medical holography technology is projected to boost the revenue growth in the region. The European market is expected to witness substantial growth and accounting for major market share due to supportive government initiatives and improved product distribution chain in the region. The regional growth rate of Asia Pacific is estimated to augment in the coming years owing to the government’s efforts to improve the healthcare infrastructure and better accessibility of this technology in the region.
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Table of Contents
Introduction
Executive Summary
Research Methodology
Medical Holography Market Insights
Medical Holography Market Assessment by Product
- Holographic Display
- Laser
- Touchable
- Piston
- Semi-Transparent
- Microscope
- Software
- Others
Global Medical Holography Market Assessment by Application
- Imaging
- Ophthalmology
- Dentistry
- Urology
- Otology
- Orthopedics
- Others
- Medical Education
- Biomedical Research
Medical Holography Market Assessment by End-Use
- Academic Centers
- Pharmaceutical & Biotechnology Companies
- Hospitals & Clinics
- Research Laboratories
Medical Holography Market Assessment by Geography
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
- Asia Pacific (Japan, China, India, Singapore, Indonesia, South Korea)
- Latin America (Brazil, Mexico, Argentina)
- MEA (Saudi Arabia, UAE, Israel, South Africa)
Competitive Landscape
Company Profiles
Continued…
List of Tables
Table 1 Global Medical Holography Market, By Product, 2016 – 2027 (USD Million)
Table 2 Global Medical Holography Market, By Application, 2016 – 2027 (USD Million)
Table 3 Global Medical Holography Market, By End-Use, 2016 – 2027 (USD Million)
Continued…
List of Figures
Figure 1. Market Highlights (2019, Revenue)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top Down & Bottom Up Approach
Continued…
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The report can be customized on the basis of regional analysis, segment analysis, industry outlook and competitive analysis. Some of the major focus points which are covered in the report include:
- Industry Trends, opportunity and challenges in the market
- Role of key players across the value chain
- End-User analysis to define the market strategy
- Competitive mapping
- Regional and country level breakdown
These insights are included in the report which would help you to have a realistic overview of the overall market including the competition, investment opportunities, restraints and challenges, regulatory factors which might affect the market growth. Moreover, the report would help to identify the regional market growth opportunities for different segments covered in the report.
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