Medical Holography Market Overview and Introduction

Medical Holography Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030. The global medical holography market is estimated to be over US$ 200.0 Mn in 2017. It is anticipated to grow at a CAGR of 32.7% from 2019 to 2030. The global medical holography market is segmented by type, application, end user and region.

Holography is technique to create holograms, which is physical presentation of an image which is created by diffraction of light. A 3-Dimensional structure is created and can be viewed as a 2D image. Holography can be used in the field of medicine; this has enabled surgeon to view patient’s organs and anatomy on a 3D scale. These medical holograms are widely used in hospitals, clinics, educational institutes, medical schools for education and training purpose.

The global medical holography market is driven by availability of technologically advanced products, rise focus of medical institute on holographic education. However, factors like high cost related to medical holography are likely to restrain the market to certain extent.

Medical Holography Market by Type

On the basis of type, the medical holography market is segmented holography software, holographic display, holographic prints, and holographic microscopy. The holographic display segment is estimated to account for the largest share of the market.

Medical Holography Market byApplication

Based on application the market can be segmented into medical imaging, medical education, biomedical research and other applications. Medical imaging is expected to account for the largest share of the market. The growth of the segment can be attributed to factors such as growing demand for holographic products for medical and biomedical education are some of the factor driving the growth of the market

Medical Holography Market by End Users

Based on the end users, the market is segmented into hospitals & clinics, medical institutes, academic centers and other end users. The hospitals segment is estimated to account for the largest share of the global medical holography market. The large share of the hospital segment can be attributed to growing number of surgeries and need for holography in medical education and training.

Medical Holography Market by Regions

The global Medical holography market can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). North America dominated the market of medical holography, followed by Europe and Asia Pacific. North America will continue to dominate the global medical holography market in the forecast period owing to availability of technology advance medical holography products and rising focus of hospitals & medical institutes on educational aspect of holography. However, Asia Pacific is expected to witness the highest CAGR, with the growth in this market centered at China, India, and Japan. Factors such as booming healthcare industry in the region and initiatives by market players to promote medical holography are some of the factors likely to boost the market in coming years. The high cost of medical holography, and acceptance of this technology may restrain market growth to a certain extent.

Medical Holography Market Prominent Players

The prominent players in the global medical holography market are RealView Imaging Ltd., Mach7 Technologies Ltd., Holoxica Ltd., Ovizio Imaging Systems, ZSpace, Inc., Lyncée Tec SA, Zebra Imaging, EchoPixel, Inc., and Holografika Kft among others.