Holographic Imaging Market to reach $3 billion by 2024

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Holographic Imaging Market share to see growth of 30% CAGR from 2017 to 2024: Global Market Insights Inc. The medical industry report “Holographic Imaging Market Size By Product (Holographic Display, Holography Software, Holography Microscopes, Holographic Prints), By Application (Medical Imaging, Medical Education, Biomedical Research), By End-Use (Pharmaceutical & Biotechnology Companies, Research Organizations, Academic Medical Centers, Hospitals & Clinics), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, China, India, Japan, Australia, Brazil, Mexico, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024”, by Global Market Insights, Inc. says Holograms are on the verge of penetrating deeper into the medical fraternity. Holographic Imaging Market is likely to experience a steep growth over the next few years, subject to the extensive product application in medical academia, medical imaging, and healthcare research. Many companies have been developing holographic technologies for biomedical imaging. For instance, Zebra Imaging, a renowned Texas-based holographic imaging industry player, has developed the ZScape Holographic Motion Display, a technology that is designed to produce true holograms. Through this technology, Zebra Imaging intends to prove that holography can substitute for the lack of cadavers in medical schools. The company has even partnered with the Zygote Media Group with an intention of getting this technology commercialized and deployed at major medical schools across the United States. Similar efforts by other companies, such as EchoPixel, RealView Imaging, and NanoLive is likely to propel holographic imaging market, slated to cross a revenue of USD 3 billion, with a CAGR anticipation of 30% over 2017-2024.

Of late, the holography technology has been increasingly adopted by research institutions, surgeons, and biomedical scientists, pertaining to the fact that holograms allow doctors to undertake extensively minute colonoscopies virtually, eliminating the need of a physical testing procedure. They also help detect serious issues with sensitive organs such as the brain, the abnormalities of which are particularly difficult to interpret. In addition, the increasing prevalence of cardiovascular and neurological disorders among the growing global geriatric population will spur holographic imaging market trends.

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Technological advancements that have taken place in holographic technology and the rising availability of medical devices for interpreting the holographic interferograms will enhance the end-use landscape of holographic imaging industry. Subject to its high-grade interpretation techniques, this technology finds applications in ophthalmology, urology, pathology, and orthopedics, thereby stimulating the demand for holographic imaging market. Biomedical research dominated the application landscape of holographic imaging market in 2016, pertaining to the advancements occurring in holographic interferometric techniques that are utilized heavily in biomedical applications. Biomedical research uses holography to provide 3D digital holograms of various cells, organs, and DNA. Besides, this technology helps create 3D holograms of myriad biomedical datasets, which will stimulate holographic imaging industry.

U.S. Holographic Imaging Market size, By Product, 2013-2024 (USD Million)

Browse key industry insights spread across 115 pages with 77 market data tables & 9 figures & charts from this 2017 report Holographic Imaging Market in detail along with the table of contents at: https://www.gminsights.com/industry-analysis/holographic-imaging-market Holography is extensively deployed across the field of medical education, as it enables medical students to understand the anatomy of the human body with a 3D view. Growing deployment of this technology across medical academia for studying

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the complex images of the nervous, vascular, and musculoskeletal systems will accelerate the holographic imaging market. The United States has always been at the forefront as far as the technological advancements in holographic imaging are considered. In 2016, in fact, the U.S. accounted for the largest chunk of regional holographic imaging industry, subject to the extensive research undertaken by the numerous universities and academic & research institutes in the region and the presence of market players such as Zebra Imaging and EchoPixel. Increasing number of initiatives undertaken by biomedical research institutes will further complement the regional holographic imaging market, especially for medical imaging applications. The healthcare fraternity has been increasingly adopting holography, since it has practically revolutionized the techniques of diagnosis and treatment for cardiovascular and neurological disorders. On these grounds, holographic imaging industry from medical imaging applications will witness a significant growth over the forecast timeframe. Holographic display accounted for the largest product segment in 2016, pertaining to the increasing application of 3D holographic display. Thus, holographic imaging industry from holographic display products is anticipated to grow at a CAGR of 30% over 2017-2024, subject to the increasing usage of 3D holography in medical education. Another lucrative product segment, holographic microscopes, are also extensively utilized for 3D imaging. The significant growth in technologies such as image processing, numerical computation, and electronic detection will propel holographic imaging market from holographic microscopes. Holographic imaging is heavily utilized across research organizations, biotech & pharma sectors, hospitals & clinics, academic medical centers. Pharma & biotech companies accounted for the largest share in holographic market revenue in 2016 and are predicted to depict excellent growth prospects over the years ahead. This growth can be attributed to the increasing adoption of advanced technologies and the acceptance of medical imaging for the diagnosis of numerous disorders, across various geographies. Holographic imaging industry is in the process of strongly establishing its footprints across the globe. Geographically, Japan is one of the leading regions as far as the adoption of this technology is concerned. Subject to the increasing lifestyle changes, excellent healthcare facilities, rising expenditure on healthcare, and the availability of excellent technological training for medical education, Japan holographic imaging market is forecast to register an excellent growth rate over 2017-2024. Other regions, such as Brazil, are not far behind either, as far as medical research on holographic imaging is concerned. While holography, as a technology, has found widespread popularity and is a subject of research for scientists, its deployment as a full-fledged technique will face complications. This is primarily due to the high implementation costs and the lack of 3|Page


convenient accessibility. In addition, the existing holographic display technique has poor spatial resolution. These constraints can be overcome as more and more companies are coming up with highly advanced and cost-effective technologies, thereby propelling global holographic imaging market.

TOC of Holographic Imaging Market: Chapter 1. Methodology 1.1.

Methodology 1.1.1.

Initial data exploration

1.1.2.

Statistical model and forecast

1.1.3.

Industry insights and validation

1.1.4.

Market definition and forecast parameters

1.2.

Data Sources

1.2.1 Primary 1.2.2 Secondary Chapter 2. 2.1.

Executive Summary Holographic imaging industry 3600 synopsis, 2013 – 2024 (USD Million)

2.1.1.

Business trends

2.1.2.

Product trends

2.1.3.

Application trends

2.1.4.

End-use trends

2.1.5.

Regional trends

Chapter 3. Holographic Imaging Industry Insights 3.1

Industry segmentation

3.2

Industry size and forecast, 2013 – 2024 (USD Million)

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3.3

Industry impact forces 3.3.1 Growth drivers 3.3.1.1 Growing awareness regarding use of holographic imaging in medical education 3.3.1.2 imaging

Increasing demand for holography technology in medical

3.3.1.3 Increase in adoption of holography techniques in biomedical research 3.3.1.4 industry

Rise in clinical applications of holography in healthcare

3.3.2 Industry pitfalls & challenges 3.3.2.1

High computational cost of processing holograms

3.4 Technology landscape 3.4.1 U.S. 3.4.2 Europe 3.5 Regulatory landscape 3.5.1 U.S. 3.5.2 Europe 3.6 Growth potential analysis 3.6.1 By product 3.6.2 By application 3.6.3 By end-use 3.7 Competitive landscape, 2016 3.7.1 Strategy dashboard 3.8 Porter’s analysis 3.9 PESTEL analysis 5|Page


About Global Market Insights: Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. Contact Us:

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