About Medical Holography
Medical holographic imaging techniques have improved medical imaging techniques to another extent. This technique offers accurate and precise coordination and visualization in numerous diagnostic applications, minimally invasive treatments, generation of live images and many others. In addition to this medical holography minimizes the blood loss and quicker delivery. Medical holography can be defined as the technology used for producing real-time images or holograms which enables three-dimensional projections. Its holographic elements have the ability to perform a variety of functions of mirrors, lenses and other technical devices. With robust adoption of minimally invasive surgeries and treatments, the demand for medical holography will generate robust demand over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Billion) |
CAGR | 30.79% |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. This market has various growth opportunities that leading players capture via tracking the ongoing process enhancement and huge investment in market growth strategies.The Players having a strong hold in the market are Zebra Imaging Inc., Realview Imaging Ltd., Holoxica Limited, and EchoPixel, Inc.. Analyst at AMA Research estimates that United States and European Players will contribute the maximum growth to Global Medical Holography market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Zebra Imaging Inc. (United States), Realview Imaging Ltd. (Israel), Holoxica Limited (United Kingdom), EchoPixel, Inc. (United States), EON Reality Inc. (United States), Mach7 Technologies Limited (Australia), Zspace Inc. (United States), Lyncee Tec SA (Switzerland), Ovizio Imaging Systems NV/SA (Belgium) and Nanolive SA (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Holografika Kft. (Hungary), HoloTech Switzerland AG (Switzerland), Koninklijke Philips N.V. (Netherlands) and Integraf LLC (United States).
Segmentation Overview
AMA Research has segmented the market of Global Medical Holography market by Type (Holographic Display, Microscope, Print and Software), Application (Medical Imaging, Medical Education and Biomedical Research) and Region.
On the basis of geography, the market of Medical Holography has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Holographic Display, the sub-segment i.e. Laser will boost the Medical Holography market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Medical Imaging, the sub-segment i.e. Ophthalmology will boost the Medical Holography market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Medical Schools will boost the Medical Holography market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of Medical Holographic Techniques with Minimal Trauma and Quicker Recovery and Adoption of 3D Visualization Techniques for Precise and Enhanced Representation
Market Growth Drivers:
Provides Precise and Accurate Diagnostic Applications with the help of Live Image Generation and Growing Instances of Minimally Invasive Surgeries/Treatments
Challenges:
Lack of Precision in Imaging and Projection under Excessive Sunlight and Lack of Highly Skilled Holographic Imaging Equipment Operators and Analysts
Restraints:
Comparatively Expensive and Delicate Tools and Techniques used in Medical Holography and Complex, Time Consuming and Expensive Holographic Analysis
Opportunities:
Growing Healthcare Infrastructure across the Emerging Economies and Increasing Investments in Enhancing Healthcare Technology such as Medical Holography
Market Leaders and their expansionary development strategies
On February 22nd, 2019, an innovator at the edge of the enterprise with solutions and partners ‘Zebra Technologies Corporation’, has completed an acquisition of Temptime Corporation, a privately-held developer and manufacturer of temperature monitoring solutions for mission-critical applications in the healthcare industry. Financial terms of the acquisition are not being disclosed. This Acquisition will empower the front line of business in retail/e-commerce, manufacturing, transportation and logistics, healthcare and other industries to achieve a performance edge.
In April 2023, the company Holo Surgical announced the launch of its Holographic Surgical Trainer. The trainer is a 3D holographic system that allows surgeons to practice complex surgical procedures in a safe and realistic environment.
Key Target Audience
Medical Holography Service Providers, Pathological Laboratories, Medical imaging and Diagnostic Centers, Research Institutes and Medical Academic Institutes, Government Regulators, Venture Capitalists and Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.