A Holography is a method of producing a three-dimensional image of an object using an interference pattern. The existing 3D technologies such as 3D-CT, 3D rotational angiography, 3D-ultrasound revolutionized medicine because they allowed doctors to see an individual patient’s anatomy without cutting into the body. The exceptional penetration rate of holography products is attributable to the natural benefits of this technology over conservative alternatives, which influence companies to work further toward developing these products for subsequent commercialization.
The Market for Medical Holography will grow very rapidly at a rate of 32% CAGR during the forecasted period 2017-2023. The market is expected to reach USD 3.5 billion during the forecasted period.
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Global Medical Holography Market – Key Players
Some of the players are involved into the manufacturing of medical hologram are Real View Imaging (Isarel), Echo Pixel (CA), Integraf (USA), Royal Philips (Netherland), Zebra imaging, Eon Reality (US), Nano live SA (Switzerland), Holoxcia (Engalnd), Lyncee Tec (Switzerland), Mach 7 Technologies, General Electric Company, DPL Industri A/S Denmark, Olomagic, Arnold Herzig GmbH and others.
Global Medical holography Market – Competitive Analysis
The Global Medical Holography Market is emerging and is establishing at a rapid rate. The medical holography market is scattered and major companies like RealView Imaging Ltd., EchoPixel, Inc. and OVIZIO IMAGING SYSTEMS are dominating the market share.
Founded in 2008, RealView Imaging Ltd. headquartered in Yokneam, Israel, pioneers in medical imaging applications and offers and diagnostic imaging products using its Digital Light Shaping technology. The company launched HOLOSCOPE-i in 2018 for clinical interventional procedures. HOLOSCOPE-i has complete knowledge of complex anatomy and dynamic physiological and allows the clinician to zoom, rotate, slice, mark and measure the hologram. Thus, enhancing the intervention procedure and improving the patient care. The company is also developing another product named HOLOSCOPE-x that allows insitu visualization of any organ of patient and improves the efficacy and accuracy of the interventional procedure.
EchoPixel, Inc., headquartered in US is one of the leading players in the True 3D, an interactive virtual reality software solution. In October 2017, The Company announced the completion of $8.5 million Series A financing round. The funds will be utilised to expand EchoPixel’s Commercial, Research and development activities and Regulatory organizations. The investors participating were Aurus Capital, Runa Capital, Harris & Harris Group and LAM Research and Binomial. EchoPixel’s True 3D Viewer software enables pre-operative planning, improved understanding in selection implantable devices and better communication between the surgical team. In March 2017, the also announced that it is developing True 3D Viewer Software for its applications in pediatric surgical procedures. DICOM image data is translated into life size virtual-reality objects using EchoPixel’s True 3D Viewer Software thus enabling the medical practitioners to move, dissect, turn, and closely examine patient-specific anatomy. Lucile Packard Children’s Hospital Stanford and Cook Children’s Medical Center have installed EchoPixel’s True 3D Viewer Software to use 3D technology as a diagnostic tool. Thus, the company is focusing to its product portfolio in pediatrics.
Global Medical Holography Market – Segmentation
The segmentation is done on the basis of the type and by medical applications. On the basis of type includes reflection hologram, transmission hologram and hybrid hologram. The hybrid segment is further sub-segmented into the types Embossed hologram, Integral holograms, Holographic interferometry, multichannel hologram and computer-generated hologram. On the basis of medical application, it includes X-ray holography, Endoscopic holography, Multiplexed Holography for Medical Tomography, Holographic Light-in-Flight Recording Method, Holography in Ophthalmology, Holography in Dentistry, and Holography in Orthopedic. The ophthalmology segment has sub-segment which include Diffractive Bifocal Intraocular Lens. Also, the endoscopic holography further has sub-segments like Internal Hologram Recording Endoscope, External Hologram Recording Endoscope.
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Global Medical Holography Market – Regional Analysis
The market is segmented into four main geographic regions Americas, Europe, Asia-Pacific, and Middle East and Africa. America accounts the larger market for the hologram machines. As the early adoption of new technologies and more R&D is being carried out in this region. The Europe region accounts the second largest market for the hologram machines. The Asia-Pacific region is witnessing fast growth in this region because of the rising factors such as healthcare spending, improving healthcare infrastructure in developing economies such as China, India, and South Korea, and growing awareness regarding the usage of holography products in medical applications. The Middle East and Africa region is growing slowly because of the slow growing economic development and slow growth in technological advancement.
Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
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