Holographic Imaging Market Insights, Demand, Application, Analysis and Forecast to 2030
The holographic imaging market size is expected to register a CAGR of 26.4% to reach USD 4.9 Billion during the forecast period of 2022–2030, according to the extensive report by Market Research Future (MRFR). Growing awareness of the use of holography for medical research, medical education and medical imaging purposes drive the market growth. The market is slated to witness high growth owing to rapid adoption of holography techniques by surgeons, academic medical centers, and biomedical researchers. Moreover, technological advances in hologram recording techniques and the availability of tools for interpretation of holographic interferograms should boost its demand in the field of urology, pathology, ophthalmology, and orthopedics. Furthermore, endoscopic holography used for non-contact high resolution and noninvasive measurements inside the human organs will emerge as a popular tool in the coming years.
The global Holographic Imaging market is
also witnessing rapid developments in 3D dynamic displays due to improvements
in laser holographic and electro holographic technologies. Also, the
rising demand for holographic projections at marketing events, fashion shows,
and conferences is expected to fuel the market growth. In addition, the
availability of various types of content and mobile applications has created a
need for advanced display technologies, like holographic display, which provide
high-performance features with smaller form factors and low energy use. This,
in turn, has increased the research and development activities of the
holographic display technology in the consumer electronics sector, and the
emergence of several market players in this sector too is aiding in market
growth. Owing to this, the holographic images market is expanding
from aerospace & defense to broader commercial segments, like
entertainment, and automotive.
Key Players
Some of the key players in this market
are Leia (U.S), Holoxica (U.K), EON Reality (U.S), Lyncee Tec (Switzerland),
RealView Imaging (Israel), Zebra Imaging (U.S), Ovizio Imaging Systems
(Belgium) and many more.
Market Segmentation
The holographic
images market insights is segmented on the basis of application, type,
and end user.
On the basis of applications, the market is
segmented into surgery assistance, surgery preplanning, interventional
cardiology, digital intimacy, and other medical applications. The holographic
imaging allows surgeons to see an individual’s anatomy without cutting into the
body. There are numerous startup companies that are developing holographic imaging
products for surgery, thus immense demand for this technology in surgeries
worldwide has propelled the use of this technology in healthcare for
surgeries.
By type, the market is segmented into
Athos, health patch, skin sensor, Hexoskin, smart tooth, flexible
energy-harvesting sensor, and others. Numerous applications for Hexoskin
include healthcare, chronic disease management, sleep medicine, security &
defense, and space exploration missions. Thus, increasing demand by
professionals and healthcare practitioners with pushes this segment to grow
globally.
End users of the holographic images market
include hospitals, clinics, research centers and others. The holograph
technology has been increasingly adopted by research centers and surgeons, as
holograms allow doctors to undertake extensively minute colonoscopies
virtually, eliminating the need of a physical testing procedure. Moreover, the
increasing prevalence of cardiovascular and neurological disorders among the
growing global geriatric population will spur holographic imaging market
growth.
Regional Analysis
Geographically, the global holographic
images market is primarily spread across North America Europe, Asia, and
Rest-of-the-World (RoW).
Globally, North America leads the market
for holographic images. The North America market is projected to expand at a
phenomenal CAGR during the forecast period. The driving factors of North
America medical holography market are emergence of holography as a useful
technology in representing abnormal 3D structures, increasing adoption of
holography in medical and biomedical research and also growth in the
applications of holography in medical field.
On the other hand, Europe is the
second-largest market for holographic images which is also presumed to grow at a
steady CAGR during the forecast period. Increasing awareness about the
holographic imaging in medical education, medical research, and medical imaging
purposes along with rise in holography techniques adoption by the academic
medical centers, surgeons, and biomedical researchers propel the holographic
imaging market in this region. Moreover, technology advancements in the
hologram recording procedures, also drive the holographic imaging market in
Europe.
About US:
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