PUBLISHER: Orion Market Research | PRODUCT CODE: 1078173
PUBLISHER: Orion Market Research | PRODUCT CODE: 1078173
Global Medical Holography Market Size, Share & Trends Analysis Report by Product Type (Holographic Displays, Holography Microscopes, Holographic Prints, Holography Software, and Holoscopes), by Application (Medical Imaging, Medical Education, and Others), by End-Users (Hospital & Clinics, Research Laboratories, and Others)Forecast (2022-2028)
The global medical holography market is anticipated to grow at a significant CAGR of 15% during the forecast period.The rise in the demand for minimally invasive techniques owing to the lesser trauma and quick recovery is again creating the demand for medical holography which in turn will drive the market growth. The increasing burden of chronic diseases and clinical emergency along with the rising preference for the technologically advanced product for early diagnosis is likely to promote the growth of the market across the globe.
The global medical holography market is segmented based on the producttype,application, and end-users. Based on the producttype, the market is segmented into holographic displays, holography microscopes, holographic prints, holography software, and holoscopes. Based on, the application, the market is sub-segmented into the medical imaging, medical education, and others. Further, on the basis of end-users, the market is sub-segmented into hospital & clinics, research laboratories, and others. Medical imaging is anticipated to hold prominent market share on the basis of application. Holography is used for medical imaging in different medical fields including dentistry, oncology, ophthalmology, orthodontics, and endoscopy.
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.North America holds a significant share in the global medical holography market during the forecast period. The early mover advantage, advanced healthcare infrastructure, increase in the number of medical researchers are the major factors attributing to the global medical holography market share of the region. For instance, in February 2022, Researchers at the Massachusetts Institute of Technology developed a method to produce holograms instantaneously. MIT researchers use AI to create 3D holograms in real-time. Further, the presence of key market players in the region is making a considerable contribution to the global medical holography market share.
The major companies serving the global medical holography market include Phase Holographic Imaging PHI AB, Lyncee Tec S.A., EON Reality, Inc, zSpace, Inc, RealView Imaging Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in August 2021, RealView Imaging Ltd. announced that it has received FDA 510(k) clearance for its HOLOSCOPE-i holographic system. The system creates spatially accurate, three-dimensional interactive medical holograms, based on data received from standard CT scans and 3D ultrasound systems.
Research Methodology
The market study of the global medical holography marketis incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
Category- Medical Devices