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Home ➤ Life Science ➤ Biotechnology ➤ Medical Holography Market
Medical Holography Market
Medical Holography Market
Published date: Nov 2023 • Formats:
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  • Home ➤ Life Science ➤ Biotechnology ➤ Medical Holography Market

Global Medical Holography Market, By Product Type (Holographic Displays, Holographic Microscopes, Holographic Software, Printer, and Other Products ), By End User (Hospitals and Clinics, Pharmaceutical & Biotechnology Companies, Academic Medical Centers, Research Laboratories, Research Laboratories, and Others End Users), By Application (Medical Imaging, Medical Education, Urology, Orthopedics, Ophthalmology, and Others Application), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

  • Published date: Nov 2023
  • Report ID: 14350
  • Number of Pages: 330
  • Format:
  • Overview
  • Table of Contents
  • Major Market Players
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  • Quick Navigation

    • Report Overview
    • Key Takeaways
    • Driving Factors
    • Restraining Factors
    • Growth Opportunities
    • Trending Factors
    • Application Analysis
    • Product Analysis
    • End Users Analysis
    • Key Market Segments
    • Regional Analysis
    • Key Players Analysis
    • Recent Developments
    • Report Scope

    Report Overview

    In 2022, the Global Medical Holography Market was valued at USD 952 Million and is expected to grow USD 1,998 Million in 2032. Between 2023 and 2032, this market is estimated to register a CAGR of 28.3%.

    Medical holography creates intricate 3D structures to aid in the viewing of medical imaging. Hyper-realistic medical image visualization aids in empowering doctors. By employing photographic recording and light diffraction, medical holographs assist in the production of three-dimensional images. Medical holographs are in high demand because they can be used to image internal body cavities and organs in enormous focal depths without harming the internal organs. Holographic technologies are currently used in several medical operations, including body scans, medical examinations, and research.

    Less intrusive methods for various diagnostic procedures are made possible by the use of medical holograms, which enhance patient safety and improve patient outcomes. The basis of biomedical research projects is expected to grow as a result of an increase in R&D activities carried out by significant pharmaceutical and biotechnology enterprises.

    In the following years, the market for medical holography is expected to benefit from these increased R&D activities through lucrative development prospects. The expanding clinical use of holography in dentistry, cardiac electrophysiology, radiological & surgical procedures, orthopedics, and other fields is also helping to drive up demand for medical holography.

    global Medical Holography market growth

    *Actual Numbers Might Vary In The Final Report

    Key Takeaways

    • Medical Holography Market is predicted to reach USD 1998 million by 2032.
    • The market is projected to register a CAGR of 28.3%.
    • The global Medical Holography Market grew from USD 952 million in 2022.
    • In 2022, the Medical Holography Market’s dominant product was Microscopy Technology.
    • Medical holography for educational purposes is projected to grow at a CAGR of 7.8%.
    • North America held the highest market revenue share at 35% in 2022.
    • Microscopy technology for medical holography is predicted to grow at a CAGR of 10.3%.
    • The research laboratories segment of the market is expected to grow at a CAGR of 9.1%.
    • In 2022, the Medical Holography Market’s valuation was USD 952 million.

    Driving Factors

    • Increase in the geriatric population.

    The market is predicted to be driven by the rising elder population and the prevalence of chronic disorders. The number of chronic diseases and cardiovascular-related illnesses will rise as the geriatric population grew in developing nations. The use of holography might aid surgeons in analyzing the situation and developing the least invasive procedures for treating diseases. These elements would drive the holography market.

    • Increasing adoption of holography technology among patients and healthcare professionals

    As already said, the use of medical holograms enables less intrusive procedures for a variety of diagnostic procedures, enhancing the safety profile and consequently producing better patient outcomes. The holoscope is a new technology that has emerged with a bright future thanks to technological innovation. It displays a 3D holographic depiction of the patient’s heart from medical images.

    The surgeon can better see the heart by viewing it in three dimensions, which helps them identify the troublesome area of the organ more effectively than they could by just visualizing it. This tool provides the surgeon with a wealth of good possibilities, including investigating, rotating, and slicing a 3D image of the heart to grasp the issue better and treat it better.

    Restraining Factors

    • Lack of awareness and expensive treatments

    The expansion of the medical holography market may be constrained by high computing costs associated with processing holograms and less effective projection in direct sunlight. The market will also be constrained by a lack of knowledge about the most recent technologies.

    Growth Opportunities

    • For better representation of complex 3D structures

    The medical imaging sector is heavily reliant on medical holography. The surgeon can better see the heart by viewing it in three dimensions, which helps them find the troublesome area of the organ than they could by just visualizing it. With the use of this tool, the surgeon has many fantastic possibilities, such as rotating and slicing a 3D image of the heart to comprehend the issue better and to better illustrate it for advice and solutions.

    Throughout the forecasted period, the need for holography in the medical industry will significantly rise. This allows doctors and surgeons to view the disease from a wider perspective and produce better results with less invasive techniques.

    Trending Factors

    Automotive Segment is Expected to Witness Significant Growth

    The increase of entertainment screens in cars has made the automobile industry a leading user of display technologies. Holographic technology is developing swiftly, encouraging suppliers and producers to think of creative automobile uses.

    By developing materials for applications of the future, several companies are ready to help in the transition from prototype to production. To incorporate the smartphone interface into the vehicle entertainment system, for instance, screens are being put on the front dashboard.

    Also, there is a strong increase in demand on the market for the display area that is used by many significant automobiles. In the past, the automotive industry has been slow to adopt new technologies.

    Application Analysis

    Medical imaging is the method of creating visual representations of a person’s internal organs for use in clinical examination, diagnosis, and treatment. The introduction of digital holograms for medical imaging in hospitals and diagnostic facilities is responsible for this application segment’s significant market share. Medical holography is projected to play a key part in medical diagnostic imaging in the near future because interactive holographic models allow for more dynamic and low-cost medical testing and storage of vast amounts of imaging data.

    Holography has become widely accepted in academic institutions and medical facilities over the past five years for use in medical training and education. Holographic prints are used in this way more frequently now. Digital holograms can be turned in multiple directions to create distinct perspectives of the human body’s intricate 3D anatomical features, giving users more freedom to do so. In the upcoming years, it is predicted that holography techniques will become more widely used in the field of medical education due to the increasing acceptance of technologically enhanced teaching materials.

    The biomedical research category is estimated to grow at the fastest rate throughout the course of the forecast period. In biomedical research, holography microscopes are used for a variety of tasks, such as non-invasive fluid tomography analysis, defect assessment, and real-time cell monitoring.

    They provide the most effective ways to conduct research for living cells, like cytotoxicity examinations. They are used in the early stages of drug development, including cell death assays for the toxicological assessment of bioactive chemicals and the cytotoxic agent discovery in cancer research.

    Product Analysis

    A combination of digital and traditional microscopy methods has made it possible to observe transparent cells at high resolution in clinical imaging and microbiology without labeling or staining. These advancements have led to a significant increase in the use of digital holographic microscopy for examining apoptotic events, drug response, cytotoxic treatment dosages, and cellular diagnostics, providing the market with potential growth opportunities.

    Due to the widespread use of these products in medical holography procedures, the holographic display category held the highest share of the global medical holography market in 2022. Researchers and clinicians are projected to employ these displays more frequently in biomedical research and education as a result of ongoing advancements, with the inclusion of laser, piston-based displays, and electro-holographics, for instance.

    global Medical Holography market share

    End Users Analysis

    Throughout the projected period, the Medical Holography Market’s research laboratories sector is anticipated to see the fastest growth. Phase-contrast imaging and dynamic live cell imaging are two holographic applications that are being employed more and more in research projects, which is propelling the market’s expansion. One of the most popular options among researchers is the holographic detection approach since it is less invasive and prevents cell distortion during inspection operations.

    The increased adoption of medical holography for educational purposes is predicted to drive the growth of the academic center’s segment at a CAGR of 7.8% over the course of the forecast period. Comparing medical holograms to conventional methods, it becomes clearer what the human body is made of.

    Further benefits include improved medical instructions, intuitive imagery, group watching, and long-term benefits of intricate anatomical knowledge. The benefits should accelerate the segment’s expansion.

    Key Market Segments

    By Application

    • Medical Imaging
    • Medical Education
    • Dentist
    • Biomedical Research
    • Urology
    • Orthopaedics
    • Ophthalmology
    • Others Application

    By Product Type

    • Holographic Displays
    • Holographic Microscopes
    • Holographic Software
    • Printer
    • Holoscopes
    • Others

    By End Users

    • Hospitals and Clinics
    • Pharmaceutical & Biotechnology Companies
    • Academic Medical Centers
    • Research Laboratories
    • Others End Users

    Regional Analysis

    With more than 35% of the market shares in 2022, North America dominated the Medical Holography market. The significant research efforts made by the majority of the key actors who are based in this region can be credited for this region’s contribution. Holographic technologies are attracting more funding and interest from key companies and healthcare institutions due to the advantages they have over conventional imaging techniques.

    Important growth drivers include the region’s rising disease prevalence and therapeutic need for efficient screening technologies like medical holography, which is becoming more widely available. Similarly to that, the sector as a whole is projected to benefit from the expanding use of holographic teaching tools in the area.

    The Asia Pacific medical holography market is anticipated to expand at a CAGR of 8.1% over the course of the projected period. The expansion of the regional market is being driven by factors such as rising disposable income, rising healthcare expenditure, and increasing knowledge of the advantages of these devices in diagnostic and interventional procedures.

    global Medical Holography market region

     Key Regions & Countries

    • North America
      • The US
      • Canada
      • Mexico
    • Western Europe
      • Germany
      • France
      • The UK
      • Spain
      • Italy
      • Portugal
      • Ireland
      • Austria
      • Switzerland
      • Benelux
      • Nordic
      • Rest of Western Europe
    • Eastern Europe
      • Russia
      • Poland
      • The Czech Republic
      • Greece
      • Rest of Eastern Europe
    • APAC
      • China
      • Japan
      • South Korea
      • India
      • Australia & New Zealand
      • Indonesia
      • Malaysia
      • Philippines
      • Singapore
      • Thailand
      • Vietnam
      • Rest of APAC
    • Latin America
      • Brazil
      • Colombia
      • Chile
      • Argentina
      • Costa Rica
      • Rest of Latin America
    • Middle East & Africa
      • Algeria
      • Egypt
      • Israel
      • Kuwait
      • Nigeria
      • Saudi Arabia
      • South Africa
      • Turkey
      • United Arab Emirates
      • Rest of MEA

    Key Players Analysis

    Zebra Imaging, Nanolive SA, Real View Imaging Ltd., Phase Holographic Imaging AB, zSpace, Inc., and Lyncee Tec are important participants. These businesses are progressively engaging in strategic endeavors like broad distribution, the creation of new products, and mergers and acquisitions.

    As a result, this is helping the market to expand. For instance, the software consultancy company Rattan was purchased by Zebra Imaging. This purchase was made to hasten the incorporation of cutting-edge 3D light-field technology into their assortment of holographic display goods. The market’s growth is also heavily reliant on the acceptance of new products.

    Recent Developments

    • The Neu alight 3D Ultra module will be made available by Bruker Company in June 2022 to facilitate advanced optogenetics and neuroscience research applications on the company’s ultima multiphoton microscopes.
    • Real View Imaging Ltd announced in August 2021 that the Food and Drug Administration has granted its i-holographic system 510(K) clearances. Based on information from conventional CT scans and three-dimensional ultrasound devices, the system generates spatially precise, three-dimensional interactive medical holograms.

    Market Key Players

    • EchoPixel, Inc. (US)
    • Mach7 Technologies Pte. Ltd. (US)
    • zSpace, Inc. (US)
    • Eon Reality (US)
    • Zebra Imaging (US)
    • General Electric Company (US)
    • Microsoft Inc (US)
    • SMX Health (US)
    • Promaxo (US)
    • Aurora Healthcare US Corp (US)
    • Fonar (US)
    • AllTech Medical Systems (US)
    • Holoxica Ltd. (UK)
    • Synaptive Medical (Canada)
    • IMRIS (Canada)
    • Ovizio Imaging Systems (Belgium)
    • Lyncee Tec (Switzerland)
    • NanoLive SA (Switzerland)
    • Siemens (Germany)
    • lichtsysteme GmbH (germany)
    • Realview Imaging Ltd. (Israel)
    • Aspect Imaging (Israel)
    • Canon Medical Systems Corporation (Japan)
    • Hitachi, Ltd. (Japan)
    • SG HealthCare Pvt. Ltd. (India)
    • Koninklijke Philips N.V. (Netherlands)
    • Neusoft Corporation (China)
    • Esaote Spa (Italy)
    • Holografika Kft. (Hungary)
    • Phase Holographic Imaging AB (Sweden)
    • Ne&Ro Invest SRL. (Romania)

    Report Scope

    Report Features Description
    Market Value (2022) USD 952 Million
    Forecast Revenue (2032) USD 1,998 Million
    CAGR (2023-2032) 28.3%
    Base Year for Estimation 2022
    Historic Period 2016-2021
    Forecast Period 2023-2032
    Report Coverage Revenue Forecast, Market Dynamics, Competitive Landscape, Recent Developments
    Segments Covered By Application(Medical Imaging, Medical Education, Dentist, Biomedical Research, Urology, Orthopaedics, Ophthalmology, Others Application)By Product Type(Holographic Displays, Holographic Microscopes, Holographic Software, Printer, Holoscopes, Others)By End Users(Hospitals and Clinics, Pharmaceutical & Biotechnology Companies, Academic Medical Centers, Research Laboratories, Others End Users)
    Regional Analysis North America – The US, Canada, & Mexico; Western Europe – Germany, France, The UK, Spain, Italy, Portugal, Ireland, Austria, Switzerland, Benelux, Nordic, & Rest of Western Europe; Eastern Europe – Russia, Poland, The Czech Republic, Greece, & Rest of Eastern Europe; APAC – China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, & Rest of APAC; Latin America – Brazil, Colombia, Chile, Argentina, Costa Rica, & Rest of Latin America; Middle East & Africa – Algeria, Egypt, Israel, Kuwait, Nigeria, Saudi Arabia, South Africa, Turkey, United Arab Emirates, & Rest of MEA
    Competitive Landscape EchoPixel, Inc. (US), Mach7 Technologies Pte. Ltd. (US), zSpace, Inc. (US), Eon Reality (US), Zebra Imaging (US), General Electric Company (US), Microsoft Inc (US), SMX Health (US), Promaxo (US), Aurora Healthcare US Corp (US), Fonar (US), AllTech Medical Systems (US), Holoxica Ltd. (UK), Synaptive Medical (Canada), IMRIS (Canada), Ovizio Imaging systems (Belgium), Lyncee Tec (Switzerland), NanoLive SA (Switzerland), Siemens (Germany), lichtsysteme GmbH (germany), Realview Imaging Ltd. (Israel), Aspect Imaging (Israel), Canon Medical Systems Corporation (Japan), Hitachi, Ltd. (Japan), SG HealthCare Pvt. Ltd. (India), Koninklijke Philips N.V. (Netherlands), Neusoft Corporation (China), Esaote Spa (Italy), Holografika Kft. (Hungary), Phase Holographic Imaging AB (Sweden), Ne&Ro Invest SRL. (Romania)
    Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements.
    Purchase Options We have three licenses to opt for: Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF)

    Frequently Asked Questions (FAQ)

    What is the projected growth rate for the global medical holography market?

    Between 2023 and 2032, this market is estimated to register a CAGR of 28.3%.

    Who are the key producers of medical holography devices?

    Zimmer Biomet, Stryker Corporation, and Smith & Nephew are the top suppliers of medical holography devices.

    What is the medical holography market growth?

    In 2022, the global Medical Holography market was valued at US$ 952 million.

    Medical Holography Market
    Medical Holography Market
    Published date: Nov 2023
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    • EchoPixel, Inc. (US)
    • Mach7 Technologies Pte. Ltd. (US)
    • zSpace, Inc. (US)
    • Eon Reality (US)
    • Zebra Imaging (US)
    • General Electric Company (US)
    • Microsoft Inc (US)
    • SMX Health (US)
    • Promaxo (US)
    • Aurora Healthcare US Corp (US)
    • Fonar (US)
    • AllTech Medical Systems (US)
    • Holoxica Ltd. (UK)
    • Synaptive Medical (Canada)
    • IMRIS (Canada)
    • Ovizio Imaging Systems (Belgium)
    • Lyncee Tec (Switzerland)
    • NanoLive SA (Switzerland)
    • Siemens (Germany)
    • lichtsysteme GmbH (germany)
    • Realview Imaging Ltd. (Israel)
    • Aspect Imaging (Israel)
    • Canon Medical Systems Corporation (Japan)
    • Hitachi, Ltd. (Japan)
    • SG HealthCare Pvt. Ltd. (India)
    • Koninklijke Philips N.V. (Netherlands)
    • Neusoft Corporation (China)
    • Esaote Spa (Italy)
    • Holografika Kft. (Hungary)
    • Phase Holographic Imaging AB (Sweden)
    • Ne&Ro Invest SRL. (Romania)
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