The holographic imaging market 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
The global Holographic
Imagingmarket players 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 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.
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