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Medical Holography Market to Reach USD 3.5 billion Market Valuation by 2025| Covid19 Impact on Emerging Trends and New Technologies Research
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Global Medical holography Market - Overview
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.
Global Medical holography Market – Regional:
Geographically, the regional market is segmented into America, Europe, Asia Pacific, and the Middle East & 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. North America is the largest market for the hologram machines which is led by the United States. The adoption of new technology is more in this region as the research and development is also more and developing day by day.
Europe is the second largest market as it also has the advanced technologies and its own R&D. The region is also having its own set of regulations for the medical regulations. The expenditures are also more by the government bodies for the healthcare and adoption for the new and sophisticated technologies.
Industry updates:
Nov, 2016 Holoxica Limited introduced a holographic 3D digital human anatomy atlas prototype for neuroscience. This product impacted medical science giving neurosurgeons and clinicians insights into identifying, diagnosing and treating a wide range of neurological conditions.
Dec, 2015 Japan scientists developed touchable holograms, which are to be adopted in wide range of applications in the future, to enable improved demonstration of biological processes and procedures.
Nov, 2015 Zebra Imaging acquired Rattan, a software-consulting firm. This acquisition was carried out to accelerate the integration of advanced 3D light-field technology in their array of holographic display products.
Intended Audience
Research and development (R&D) companies
Medical device companies
Government research institutes
Academic institutes and universities
Venture capitalists
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Frequently Asked Questions
1. At what CAGR is the global medical holography market projected to grow during the forecast period (2019-2025)?
The global medical holography market is expected to register a whopping CAGR over 33.7% throughout the assessment period (2019-2025).
2. What was the value of the global medical holography market in 2018?
The global medical holography market had valued at USD 378.2 MN in 2018.
3. What are the major tailwinds pushing the growth of the global medical holography market?
Growing adoption of holography products in medical and biomedical research.
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