Holographic Imaging Market worth USD 303.03 billion by 2027

The Market Statsville Group (MSG) publishes the new report on the "Holographic Imaging Market by Product Type (Integrated Systems & Accessories, and Software), by Nature (Human, and Veterinary), by Technology (Volumetric Displays, and Light Field Displays & Other Autostereoscopic Displays), by Application (Anatomy & Patient Education, Surgical Support, and Medical Research), by End User (Diagnostic Clinics, and Operating Rooms & Interventional Suites), and by Region - Global Trends, Market Share, and Forecast to 2027".

The global holographic imaging market was valued at USD 35.4 million in 2020 to USD 303.06 million by 2027, at a CAGR of 35.9% from 2021 to 2027. The advent of holograms in the healthcare industry has led to increased interest in exploring more applications for the technology. The need to have advanced and more efficient storage and retrieval system has resulted in several research programs turning to holograms as a solution. Holographic PACS storage systems could answer a significant fraction of the challenges that the industry currently faces in the form of limitations to image sizes. The ability to store images in three dimensions and perform substantial recording and reading in parallel enables improved turnaround in radiology productivity. Thus, the entire thickness of the recording media can be utilized. This contrasts with the current technology, wherein standard optical disks save data only on the surface. The holographic technique enables storage of a million bits in a single flash of light, significantly better than the currently achievable limit.

Browse 211 market data Tables and 63 Figures spread through 234 Pages and in-depth TOC on "Holographic Imaging Market Research Report 2021-2027."

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Global Holographic Imaging Market Segmentation
The holographic imaging market has been segmented into the product type, nature, technology, application, end user, and regions.
• By Product Type (Integrated Systems & Accessories, and Software)
• By Nature (Human and Veterinary)
• By Technology (Volumetric Displays, and Light Field Displays & Other Autostereoscopic Displays)
• By Application (Anatomy & Patient Education, Surgical Support, and Medical Research)
• By End User (Diagnostic Clinics, and Operating Rooms & Interventional Suites)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

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Integrated Systems, by Product Type, is estimated to hold the largest market share during the forecast period
The global holographic imaging market has been segmented into two product types – Integrated Systems and Software. In 2020, Integrated Systems accounted for the largest market share of 98.30% in the global holographic imaging market.
Among integrated systems, display systems and headgear are expected to have accounted for the major contribution to growth. This is attributed to more R&D focus on display systems in the industry's volumetric displays and light field displays. Most tech startups and their R&D sectors aim to eliminate the use of accessories and peripheral devices to enable users to have a completely immersive experience. Consequently, contribution by the accessories sub-segment might reduce over time.

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North America accounts for the largest market share during the forecast period in the holographic imaging market
Based on the regions, the global holographic imaging market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2020, North America was accounted for the highest market share of 75.10% in the global holographic imaging market and was anticipated to maintain its dominance throughout the forecast period, followed by Europe and the Asia Pacific.

In North America, Shifts in demand toward minimally-invasive surgical procedures, demand for efficient PACS storage technology, growing demand for enhanced visualization technologies with the ability to interact with images in real-time are some of the reasons that will drive the market. However, Limitations in the current generation of headgear have some limitations in terms of spatial resolution and field of view; for instance, Hololens 1 also performs the function of rendering and has a limit of about 80,000 triangles, after which the frame rate starts dropping. Growth in surgical support depends on how successfully these limitations are removed some of the challenges in the market. Moreover, the development of haptic-enabled light field displays, the introduction of context-based image visualization to aid surgeons during surgeries, Partnerships between medical industry giants such as Siemens and GE with startups developing these technologies are some of the opportunities in the market.

Some of the major companies that operate in the global holographic imaging market are EchoPixel, Inc., RealView Imaging Ltd., Holoxica Ltd., Looking Glass Factory, Voxon Photonics Pty. Ltd., LightSpace Technologies Inc., Leia Inc., Holografika Kft, Avegant Corporation, Light Field Lab, Inc. Microsoft Corporation, Coretec Industries LLC and SeeReal Technologies S.A.

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