Growing Investments in Healthcare Delivery for Improved Medical Output to Underpin Growth
Medical holography is assuming greater prominence with rapid advances in medical imaging for superlative diagnostics and therapeutic outcome. These market relevant insights and more have been recently pinned in a new business intelligence report published by Adroit Market Research. Advances in medical holography are paving way for enhanced monitoring and control with the launch of touch-based holographs that find applications in virtual medical care.
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The global medical holography market is projected to reach USD 4,730.5 million by 2028, growing at a CAGR of 32.6%. Increasing clinical applications of holography and advent of holography as a likely technology in signifying intricate 3D arrangements are some of the factors driving the growth of the global medical holography market.
The industry is also witnessing tremendous thrust from new players entering the competitive landscape. Aligning with this, Israel based imaging company, Real View Imaging has also announced new milestones in interactive medical holography that supports novel medical holography dimensions for improved perspectives and better gauge for medical practitioners
Holographic projection is the new wave of technology that is set to change the view of things in the new era. It will have tremendous effect on all fields of life including business, education, science, art and healthcare. Holography is the method used to record different patterns of light. These patterns are reproduced as a three dimensional image called a hologram. Typically, a hologram is the photographic recording of light, rather than the image formation by lens, and it is used to display a fully three-dimensional image of the subject, which is seen without the aid of special glasses or other optics.
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The hologram itself is not an image but it is usually unintelligible when viewed under diffused atmospheric light. It is an encoding of light field as interference patterns of seemingly random variations in the opacity, density or surface profile of the photographic medium.
Essentially medical holography is a novel technique that assists in 3d image formation, further aiding in lens-free viewership. Medical holography is a pathbreaking technology that is expected to support seamless visualization to support multiple perspectives in an ongoing medical intervention.
However, the market is still at an infancy stage of growth and is likely to experience substantial expansion with lucrative end-user adoption rates.
Dual factors of high-end commercial ventures between technological behemoths with medical industry players, along with favorable government policies towards improved healthcare output are also ensuring a healthy growth trail in global medical holography space. Surge in end-use applications such as research laboratories, academic centers, educational institutions and hospitals are further bolstering rapid growth probabilities in global medical holography market.
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TAU Announces Pathbreaking Innovations in Medical Holography Technology to Support multi-angular Viewing
Ongoing strides in novel holography towards improving medical imaging output are constantly bolstering technological innovations and new endeavors in the field. Echoing this, in a recent development, researchers of TAU (Tek Aviv University) based in Israel are developing new medical holography technology, touted to improve medical imaging qualities that would support multi-angle viewing of the image.
The global medical holography market is categorized based on product, application and end user. On the basis of product, the market is segmented into holography software, holography displays, holography microscopes, holography prints, and holoscopes. The holography microscopes are likely to record the highest CAGR during the forecast period. On the basis of application, the market is segmented into medical imaging, biomedical research, and medical education. The medical imaging dominated the market in 2020. On the basis of end user, the market is segmented into academic centers, pharmaceutical & biotechnology companies, hospitals & clinics and research laboratories.
North America dominated the market for medical holography in 2020, while Asia Pacific set to grow at a highest CAGR due to growing healthcare spending. Key players of the global medical holography market include EchoPixel, Inc., Mach7 Technologies Pte. Ltd., RealView Imaging Ltd., Ovizio Imaging Systems, zSpace, Inc., Holoxica Ltd., Lyncée Tec, Zebra Imaging, Eon Reality, Nanolive SA among others.
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Key segments of the global medical holography market
Product Overview, 2018-2028 (USD Million)
- Holography software
- Holography displays
- Holography microscopes
- Holography prints
Application Overview, 2018-2028 (USD Million)
- Medical imaging
- Biomedical research
- Medical education
End User Overview, 2018-2028 (USD Million)
- Academic centers
- Pharmaceutical & biotechnology companies
- Hospitals & clinics
- Research laboratories
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Asia Pacific
- Latin America, Middle East & Africa
Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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