North America Medical Holography Market

North America Medical Holography Market is Expected to Increase from
$96 million by 2016 to $392 million by 2021
The North America Medical Holography Market was worth USD 96 million in 2016 and
estimated to be growing at a CAGR of 32.46%, to reach USD 392 million by 2021. Medical
Holography assists professionals in the medical field to get a three dimensional view of the
interior organs of a patient. This helps doctors to assess vital organs of a body on a desktop
screen prevents the task of cutting through the body. By the use of this technology, doctors
can view, manipulate and dissect internal organs, recreated above a desktop screen. The
extremely high growth rate in the market can be attributed to its efficacy in the medical field
and has a high potential since it’s an emerging field.
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Currently, medical professionals have to construct a three dimensional image in their mind
from a set of two dimensional images to assess a patient’s health status. A significant
amount of effort is to be put to imagine the three dimensional structure, hence this
technology is of great help to them. It also aids them to get a 3D view of abnormal
structures like the mess of broken bones and ribcages of someone involved in a road
accident. Heart diseases in very young people can be treated with precision and ease,
since structures like narrowings, aneurisms and congenital abnormalities are hard to
visualize. Technologies for virtual colonoscopy are being developed which is an alternative
to an unpopular method of inserting a colonoscope inside the body.
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The driving factors of North America Medical Holography market are emergence of
holography as a useful technology in representing abnormal 3D structures, rising adoption
of holography in medical and biomedical research and growth in the applications of
holography in medical field. However, this field is restrained by factors like high price of
computation of holographs & equipment and some machines rendering imprecise
holographs.
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Market Segmentation
Product Type
Holographic Displays
Holographic Prints
Holography Microscopes
Holoscopes
Holography Software
Y-o-Y Growth Analysis, By Product Type
Market Attractiveness Analysis, By Product Type
Market Share Analysis, By Product Type
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End Users
Research Laboratories
Hospitals and Clinics
Academic Medical Centres
Pharmaceutical and Biotechnology Companies
Y-o-Y Growth Analysis, By End Users
Market Attractiveness Analysis, By End Users
Market Share Analysis, By End Users
Application
Medical Imaging
Biomedical Research
Medical Education
Other Applications
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
The North America Medical Holography market is segmented on the basis of product type
into holographic displays, holographic prints, holography microscopes, holoscopes and
holography software. By application, the market is segmented into medical imaging,
biomedical research and medical education. On the basis of end users, the market is
categorised into research laboratories, hospitals and clinics, academic medical centres and
pharmaceutical and biotechnology companies.
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The North America Medical Holography market is divided based on geography into United
States, Canada and Mexico. North America has the largest market in the world and is also
the fastest growing. In the North America region, United States has the largest share.
Factors like rising investments for innovation in the field and efficacy of devices in the
medical field is expected to propel the market growth in the region.
Some of the major players in the market include EchoPixel, Inc. (U.S.), Lyncee Tec
(Switzerland), Eon Reality (U.S.), Holografika Kft. (Hungary), Realview Imaging Ltd. (Israel),
Mach7 Technologies Pte. Ltd. (Australia), Ovizio Imaging systems (Belgium), Holoxica Ltd.
(U.K.), zSpace, Inc. (U.S.), Zebra Imaging (U.S.), and NanoLive SA (Switzerland).
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North America Medical Holography Market was worth USD 96 million in 2016 and estimated to be growing at a CAGR of 32.46%, to reach USD 392 million by 2021.