Article -> Article Details
|Title||Medical Holographic Imaging Market Growing Rapidly with Recent Trends and Outlook 2028|
|Category||Business --> Business and Society|
|Meta Keywords||Medical Holographic Imaging Market|
Increasing use of holographic devices to understand complexity of diseases, rising healthcare investment and expenditure, and technological developments in holographic technology are key factors driving market growth
Medical Holographic Imaging Market Size – USD 801.7 Million in 2020, Market Growth – at a CAGR of 34.3%, Market Trends – Development of advanced holographic imaging systems
The global medical holographic imaging market size is expected to reach USD 8,485.2 Million by 2028 and register a CAGR of 34.3% over the forecast period, according to the latest report by Reports and Data. Increasing application of holographic systems in medical academics, biomedical research, and rising investment to develop advanced healthcare facilities are key factors expected to continue to drive market revenue growth over the forecast period. Advanced holographic systems offer extensive visualization of medical data for training surgeons, doctors, and medical students. This is also expected to boost revenue growth of the medical holographic imaging market during the forecast period.
Holography is a disruptive innovation that creates an effective communication between humans and the digital world. Holographic imaging is widely used for medical diagnoses, surgical preplanning, and radiological processes. It offers detailed information about tissues and organs by recording high-resolution images from various angles. Holographic imaging provides numerous benefits in the healthcare industry such as improving procedure and treatment approaches, generating high-quality images, enhancing efficiency of doctors and surgeons, and storing and archiving high-capacity data. Over the recent past, holography technology has been extensively adopted across research institutes, by biomedical scientists and doctors owing to advantages such as efficient image processing, enabling performance of minute surgical interventions, and rising demand for minimally invasive surgeries. This trend is expected to continue going forward and drive market growth over the forecast period.
However, shortage of skilled professionals, high computational costs of processing holograms, low healthcare expenditure, and low rate of adoption of these imaging systems in low- and middle-income countries are expected to restrain market growth to a certain extent over the forecast period.
Major players operating in the market include: ON Reality, Holoxica Limited, Mach7 Technologies Limited, Phase Holographic Imaging, Ovizio Imaging Systems NVSA, Zebra Imaging, Nanolive SA, RealView Imaging, EchoPixel, Lyncee Tec SA, and zSpace.
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Some Key Highlights From the Report:
For the purpose of this report, Reports and Data has segmented the global medical holographic imaging market based on product type, application, end-use, and region:
Product Type Outlook (Revenue, USD Million; 2018-2028)
Application Outlook (Revenue, USD Million; 2018-2028)
End-use Outlook (Revenue, USD Million; 2018-2028)
Regional Outlook (Revenue, USD Billion; 2018-2028)
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