Market Research Report
Global Holographic Imaging Market: Focus on Product Type, Nature, Technology, Application, End Use, 11 Countries' Data, and Competitive Landscape - Analysis and Forecast, 2019-2029
|Published by||BIS Research Inc.||Product code||916626|
|Published||Content info||170 Pages
Delivery time: 1-2 business days
|Global Holographic Imaging Market: Focus on Product Type, Nature, Technology, Application, End Use, 11 Countries' Data, and Competitive Landscape - Analysis and Forecast, 2019-2029|
|Published: October 30, 2019||Content info: 170 Pages||
Global Holographic Imaging Market to Reach $564.8 Million by 2029
The holographic imaging market is at an initial stage. Conventional methods overshadow the market for holographic imaging. A careful assessment of the end user perception reveals that the market perception is largely divided into two groups - one that is optimistic about novel technologies, and the other which prefers traditionally used and proven methods. While no one argues the merits of new technologies, several think the idea of holographic imaging is ahead of its time. Most of those who are against the rapid adoption of new 3D visualization technologies such as volumetric displays and light field displays happen to be senior radiologists. Most of the radiologists were found to be conservative. This factor could prove to be a hindrance to the growth of the holographic imaging market for the next few years. Currently, there is an intense race for market domination in terms of technologies. Scientific breakthroughs and strides are being made in the field of augmented reality and virtual reality. In comparison, holographic imaging seems to require more R&D as of now. Some of the areas where holographic imaging has an edge over its counterparts include anatomy education and patient education. Since AR and VR actively use headgear, there are certain demerits associated with them pertaining to user discomfort, which need to be worked on.
As tech startups in the field of volumetric displays and light field displays make technological breakthroughs, it is anticipated that the interest and demand for such technologies will grow over time. So far, the market has witnessed limited participation of the medical industry giants. However, as more new entrants establish themselves in the market and the demand for such technologies grow, it is anticipated that the market might witness increased participation from big players in the medical industry. This is one of the optimistic scenarios and could lead to considerable growth in the market size during the forecast period.
The report does not assess the market for 'true' holograms, since they do not exist currently. Producing real holograms require an immense amount of computing and processing speed, which would not be commercially viable for the present market conditions. However, when done right, technologies such as light field display can outperform a hologram in terms of the quality and resolution.
The global Holographic Imaging market was valued to be $19.9 million in 2018 and is anticipated to witness an impressive double-digit growth rate, to reach $564.8 million by 2029.
"Most of the companies in the industry are tech start-ups and several of them are involved in R&D and investigation of use cases, which is why the market size is small. However, one interesting thing could be a potential merger between a large industry player that sells MRI scanners or 3D displays, and a tech company that develops holographic imaging technology. If such a merger happens, the market could grow tenfold" - Balogh Tibor (CEO & Owner, Holografika Kft)
The report constitutes of an in-depth study of the global holographic imaging market, including a thorough analysis of the types of products. The study also presents a detailed analysis of the market dynamics and the estimation of the market size over the forecast period 2019-2029. The scope of this report is focused on the different applications of holographic imaging with different technologies, their nature and end use, as well as country-wise analysis.
The purpose of the study is to gain a holistic view of the global holographic imaging market in terms of various factors influencing it, including regulatory reforms and technological advancements. The market has been segmented into 'product type', 'application', 'end use', 'technology', 'nature' and 'region'. The scope of this report is centered upon conducting a detailed study of the products allied with the global holographic imaging market. In addition, the study also includes exhaustive information on the unmet needs, end user perception on the new products, competitive landscape, market share of leading manufacturers, growth potential of each product, end use, application, nature, technology and region, as well as other vital information with respect to the holographic imaging market.
The key players contributing to the global holographic imaging market are RealView Imaging Ltd., EchoPixel, Inc., Holoxica Ltd., Holografika Kft, Looking Glass Factory, Microsoft Corporation, Voxon Photonics Pty. Ltd. and SeeReal Technologies S.A.