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Global Medical Holography Market Insight December 30, 2021 Comments

Product:Medical Holography

The medical holography market is forecast to grow fast over the next five years. According to the World Knowledge Information (WKI) “Global Medical Holography Market Insight 2021, Forecast to 2026”, Growth in this market can largely be attributed to a number of factors, such as the rising adoption of holography products in biomedical research and medical education, growing clinical applications of holography, and advantages of holography over traditional 2D imaging techniques. The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 12.25% base on WKI regression analysis model.

Analyst view:

“Although the medical holography market is currently in the embryonic stage, it has the potential to revolutionize the medical imaging industry in the coming years.”, said Terry, Senior analyst, Medical Equipment Market Research Center in WKI,” Medical holography is a powerful tool for molecular imaging in clinical diagnostics and preclinical research in various therapeutic areas. Owing to the potential applications of holography in the field of diagnostic and interventional imaging, considerable research is underway in this industry. Market participants should seize Opportunity to carry out technological innovations and product reforms to adapt to market demand and strengthen its market position”.

Related market information:

Holography has emerged as one of the most promising tools for the medical industry. Holographic techniques have extended their applications in life sciences and medical research as well as medical education. The use of holographic imaging and projection has resulted in tremendous changes in the field of biomedical research and medical education and training.

In addition to medical imaging and research, holographic display technology and digital holograms are extensively used in the education industry and hospital teaching. 3D visualization through holography products create an interesting and interactive learning atmosphere as holography helps retain more information compared to other learning techniques. With growing focus on structural biology in medical schools, various market players are focusing on developing holographic prints and holography software to be used for medical teaching and training applications. Companies have developed a 3D kit for medical students and doctors that will help them practice surgeries and dissections without needing real bodies and organs. Echopixel, an emerging player in the medical holography market, launched True3D Viewer, a new generation of medical visualization software. This software converts anatomical data from patients into fully interactive, three-dimensional virtual reality images. With these innovations, medical holography is increasingly being used for healthcare research, hospital teaching, and medical education.

The growing applications of holographic techniques, coupled with their advantages, have encouraged their adoption in research labs, schools and universities, and hospitals across the globe.

Company:

In May 2016, Holoxica Limited (UK) launched the world’s first three-dimensional digital hologram image of the human brain fiber pathways. This new brain path imaging helps neurosurgeons and clinicians to identify, diagnose, and treat a wide range of neurological conditions, such as Alzheimer’s, motor neuron disease (MND), stroke, and cancer.

Key players considered in the analysis of the medical holography market are EchoPixel, Inc. (US), RealView Imaging Ltd. (Israel), Mach7 Technologies Pte. Ltd. (Australia), Ovizio Imaging Systems (Belgium), Holoxica Ltd. (UK), zSpace, Inc. (US), Lyncée Tec (Switzerland), Eon Reality (US), Zebra Imaging (US), Nanolive SA (Switzerland), and Holografika Kft. (Hungary).
Type and Application

On the basis of product, the global medical holography market is segmented into holography software, holography displays, holography microscopes, holography prints, and holoscopes. The holography microscopes are expected to register the highest CAGR during the forecast period. Growth in this product segment can be attributed to the various benefits of these products, including real-time cell imaging for life science and medicine applications.

On the basis of application, the global medical holography market is segmented into medical imaging, biomedical research, and medical education. The biomedical research segment is expected to grow at the highest rate during the forecast period. Holography microscopes can be used for various applications in biomedical research, such as real-time monitoring of living cells, defect inspection, and noninvasive analysis of fluid tomography. They provide best solutions for performing cell -based assays, such as cytotoxicity assays using living cells. They are used for early drug discovery applications, such as cell death assays for the toxicological profiling of bioactive compounds and identification of cytotoxic agents in cancer research. Apart from the above applications, the digital holography microscopy technology is also used to measure clinically relevant parameters of RBCs, such as hemoglobin content and mean cell volume (MCV) of individual RBCs. Owing to various benefits, such as label-free monitoring of cellular functions and high-resolution, noninvasive, and real-time imaging, medical holography is witnessing an increase in demand in the biomedical research sector.
Geography:

In terms of geography, the global medical holography market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa.
The medical holography market in North America is expected to grow at the highest CAGR during the forecast period. Factors such as increasing demand for noninvasive and radiation-free imaging techniques coupled with the growing geriatric population and increasing number of imaging procedures across the region are driving the growth of regional market. The market in Asia-Pacific is projected to have a steady growth rate during the forecast period owing to the growing use of holography products in medical facilities and increasing government initiatives for healthcare reforms.