A recent report published by Infinium Global Research on medical holography market provides an in-depth analysis of segments and sub-segments in the global as well as regional medical holography market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional medical holography market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global medical holography market. According to the report, the global medical holography market is projected to grow at a CAGR of 31.7% over the forecast period of 2019-2025.
Holography is a technique that is used to produce three-dimensional images of an object or body by recording it and projecting it with the help of laser beams. Also, medical holography is used to produce real-time three 3D images of the human body. These produced images are used for analysis and to test complexities in the body. The global medical holography market is expected to grow at a success rate over the forecast period. The growing use of holography techniques in biomedical research is likely to fuel the market in the next few years.
The increasing occurrence of chronic diseases such as cancer and cardiovascular are the major factors for the growth of the medical holography market across the globe. Also, rise in geriatric population boosts the growth of the market. Furthermore, the growing adoption of advanced holographic methods in biomedical and medical research is driving the growth of the medical holography market. The growing acceptance of holography in various applications such as medical education, imaging, orthopedic, radiological & surgical procedures, and biomedical research is another factor for the growth of the market. However, a higher computational price of processing holograms may hamper the growth of the medical holography market. Moreover, technological advancements and the introduction of new and sophisticated products creates an opportunity for the growth of the market in the next few years.
In terms of region, the global medical holography market is segmented into North America, Europe, Asia-pacific and the Rest of the World. North America holds the largest market share and is expected to dominate the market during the forecast period. This is attributed to the increasing investments in research and development activities of advanced medical technologies. Rising the adoption of hologram technology also drives the growth of the medical holography market in the region. Europe's medical holography market is likely to witness significant growth in the medical holography market. The Asia Pacific is expected to grow at a rapid speed due to growing investment in healthcare infrastructure in countries such as India, Japan, and China in this region.
The report on global medical holography market covers segments such as product type, application, and end user. On the basis of product type, the sub-markets include holographic displays, holography microscopes, holographic prints, and holography software. On the basis of application, the sub-markets include medical imaging, medical education, and biomedical research. On the basis of end user, the sub-markets include research laboratories, academic medical centers, pharmaceutical and biotechnology companies, hospitals and clinics, and academic centers.
The report provides profiles of the companies in the market such as Realview Imaging Ltd., Ovizio Imaging systems, EchoPixel, Inc., Holoxica Ltd., zSpace, Inc., Lyncée Tec, Eon Reality, Mach7 Technologies Pte. Ltd., Holografika Kft., and Zebra Imaging.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of medical holography market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.