Increasing use of holographic devices to understand complexity of diseases, rising healthcare investments and expenditures, and technological advancements in holographic technology are key factors driving market growth
The global medical holographic imaging market size is expected to reach USD 8,485.2 million by 2028 at a CAGR of 34.3%, according to the latest report by Reports and Data. Increasing applications of holographic systems in medical academics, biomedical research, and increasing investments to develop advanced healthcare facilities are key factors expected to drive market revenue growth over the forecast period. Advanced holographic systems offer extensive visualization of medical data for training surgeons, doctors, and medical students. This is expected to boost revenue growth of the medical holographic imaging market during the forecast period.
Holography creates an effective communication between humans and digital world. In medical sector, holographic imaging is widely used for medical diagnoses, surgical preplanning, and radiological processes. It offers detailed information about tissues and organs by recording high-resolution images from various angles. Holographic imaging provides numerous benefits in the healthcare industry including improving procedure and treatment approaches, generating high-quality images, enhancing efficiency of doctors and surgeons, and storing and archiving high-capacity data. In the recent past, holographic technology has been extensively adopted by research institutes, biomedical scientists, and doctors owing to its advantages such as efficient image processing, enabling performance of minute surgical interventions, and growing demand for minimally invasive surgeries. This trend is expected to continue and drive market growth over the forecast period.
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According to the latest market research report by Reports and Data, the global pharma healthcare market is estimated to reach a market size of during the forecast period. Steady revenue growth of the global pharma healthcare market is primarily driven by factors such as rising prevalence of chronic and acute diseases across the globe, rise in global geriatric population, growing awareness of health wellness among the population, and growing need for advanced healthcare services. Other key factors providing impetus to the global market revenue growth are increasing availability of next-generation diagnostic solutions and treatment options – especially in developing countries around the world – growing demand for advanced drugs and therapeutics, rise in research development activities in the pharmaceutical and biotechnology industries, increasing public and private investments in the healthcare sector, and rising healthcare expenditure of consumers.
Market revenue growth is further driven by factors such as rising cases of COVID-19 worldwide, rapidly rising hospital admission rates, growing demand for rapid COVID-19 diagnostic test kits, increased government spending on COVID-19 vaccine development, increasing adoption of telehealth and telemedicine worldwide, and growing need for remote patient monitoring for geriatric patients.
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Global Medical Holographic Imaging Market Report: Regional Segmentation
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- South Africa
- Rest of Middle East Africa
Regional Overview of the Global Medical Holographic Imaging Market:
The global Medical Holographic Imaging market report covers the key regional markets including North America, Latin America, Asia Pacific, Europe, and the Middle East Africa. Under this section, the report highlights the major regions in the global Medical Holographic Imaging market and discusses the regional market share, market size, revenue contribution, distribution channels, sales networks, and other key elements.
Top Players in the Global Medical Holographic Imaging Market:
ON Reality, Holoxica Limited, Mach7 Technologies Limited, Phase Holographic Imaging, Ovizio Imaging Systems NVSA, Zebra Imaging, Nanolive SA, RealView Imaging, EchoPixel, Lyncee Tec SA, and zSpace.
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