As per Market Industry Reports (MIR) research findings, technological advancements and growing application in medical education and research are set to open new avenues for stakeholders.

The global medical holography market is a structured market and is largely governed by prominent players such as Zebra Imaging Inc., Real view Imaging Ltd., Mach7 Technologies Limited, Lyncee Tec SA, Zspace Inc., Echo Pixel Inc., Eon Reality Inc., Holoxica Limited, Ovizio Imaging System, and Holografika, among others.

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Holography is technique to create holograms, which is physical presentation of an image created by diffraction of light. Holography can be used in the field of medicine; this has enabled surgeon to view patient’s organs and anatomy on a 3D scale. Due to this advantage, growth opportunities in the global medical holography market looks promising for the coming eight to ten years. Growing availability of technologically advanced products and rising focus of medical institutes on holographic education are some of the critical factors driving the global medical holography market.

Moreover, technological advancements have also played a key role in shaping the growth of the medical holography market. For instance, in Jan 2018, Real View Imaging Ltd. has launched its medical holography product namely HOLOSCOPE-I, designed to support all the stages of interventional clinical procedures that employ 3D imaging.

“Companies are focusing on technology to create a unique hyper-realistic experience for visualization of medical images, empowering clinicians with intuitive comprehension of complex 3D structures,” said Kuldeep, Senior Analyst, Healthcare at MIR.

MARKET ECOSYSTEM/CLASSIFICATION

By Type

• Holography Software
• Holographic Display
• Holographic Prints
• Holographic Microscopy

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By Application

• Medical imaging
• Medical Education
• Biomedical Research

By End User

• Hospitals and Clinics
• Medical Institutes
• Academic Centers

From a regional perspective, Asia-Pacific is expected to witness highest CAGR in the coming years due to 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. On the other hand, North America commands the largest share of the medical holography market. The large share of this region can be attributed to the increasing incidence of chronic kidney diseases and urinary tract infections, availability of technological advanced medical holography products and rising focus of hospitals and medical institutes on educational aspect of holography.

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