Global "Medical
Holography Market" 2025 Industry
research report covers the industry overview with Marketplace Size, Share,
Development, futuristic cost, earnings, demand and distribution data. Its vast
repository offers an analytical summary of the marketplace that can help to the
new and existing player to take a significant decision.
In this report, we
thoroughly examine and analyse the Global market for Medical Holography so that
market participants can improve their business strategy and ensure long-term
success. This report provides players with useful information and suggests
result-based ideas to give them a competitive advantage in the global Medical
Holography industry. It will show how other players compete in the global Medical
Holography Market and explain the strategies you use to differentiate yourself
from other participants.
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Market size and trends
The global Medical
Holography Market size is projected to reach USD 4.04 billion by 2025. The
market is anticipated to witness lucrative growth with a CAGR of 31.0%
throughout the forecast period owing to increasing use of holography based
products in biomedical research. Increasing activities and funding pertaining
to R&D by key biotechnological and pharmaceutical companies is predicted to
widen the scope for biomedical research activities.
Additionally, wide array of
clinical applications of holography such as in dentistry, surgical &
radiological procedures, cardiac electrophysiology, and orthopedics has
triggered growth of the industry. Advent of technologically advanced products,
such as, miniaturized light emitting diodes and pico-like projectors, which
provides high clarity holographic images are predicted to accelerate demand
during the forecast period.
Emerging holographic
interaction and visualization technologies enabling minimally invasive
procedures has led to an enhanced safety profile for patients. The
abovementioned factors leading to better outcomes for patients are expected to
drive physicians and patient’s preference for these products.
Application Insights
Owing to the benefits
associated with holographic technology such as live imaging which enhanced
visibility of organ is expected to boost the medical education segment and
provide lucrative growth opportunities. Moreover, 3D anatomical models help in
providing information and instructions in an effective manner leading to high
demand and attractive growth opportunities.
In addition, this
technology enables generation of full human anatomy holograms, which
facilitates in revealing important disease information which is not possible
with any other visualization techniques available.
End-use Insights
The largest share was held
by research laboratories in 2015 owing to high adoption rate of these products
for research purposes that facilitates real-time analysis of live cells &
phase contrast based imaging.
Moreover, the minimally
invasive nature of holographic detection thus precluding cell deformation
occurring due to examination procedures and consequently rendering it as the
preferred choice for researchers.
Regional Insights
A substantial share of more
than 38.0% was held by North America in 2015. This can be attributed to
presence of majority of key players, undertaking various research activities in
the region.
High prevalence of disease
in the region serves as an important growth factor leading to high clinical
urgency to use medical holographs, which are becoming increasingly accessible
that facilitates sophisticated imaging. Moreover, high investments in R&D
are anticipated to increase holography products in research. The
above-mentioned factors are expected to drive the regional market.
Asia Pacific is anticipated
to witness an exponential growth during the forecast period. The growth can be
attributed to rise in disposable incomes and healthcare expenditure. In
addition, increasing awareness level of physicians pertaining to benefits
associated with these products such as enhanced patient care & diagnosis
and improved performance of physicians.
Moreover, increasing focus
on healthcare infrastructure quality is expected to further boost the adoption
of medical holography products. For example, scientist in Japan developed
touchable holograms in December 2015 which can be adopted in wide array of
applications leading to enhanced biological procedure & process
demonstration in the future.
Competitive Insights
Prominent players include
zSpace Inc., Lyncee Tec, Nanolive SA, Phase Holographic Imaging AB, Zebra
Imaging, and RealView Imaging Ltd. These companies are undertaking mergers
& acquisitions, distribution enhancement strategies, new product launch and
development activities, which are contributing to the significant growth of the
sector.
For example, Rattan, a
software consulting company was acquired by Zebra Imaging to integrate the
technologically advanced technology such as 3D light-field in their holographic
display product portfolio.
Segments covered in the
report
This report forecasts
revenue growth at global, regional & country levels and provides an
analysis on the industry trends in each of the sub-segments from 2014 to 2025.
For the purpose of this study, the global medical holography market has been
segmented on the basis of product, application, end-use and region:
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