The global holographic imaging market is anticipated to grow at a CAGR of around 12.5% during the forecast period (2021-2027). Holographic imaging found its use in a wide area of applications such as medical imaging, ophthalmology, dentistry, urology, orthopedics, among others. The growing geriatric population coupled with cardiovascular and other diseases is the major factor due to which the demand for holographic imaging devices has increased. As these devices give the 3D image of the object during the diagnostic procedures, their demand and adoption in the healthcare sector by a healthcare professional is gaining popularity. This is the reason many manufacturers are now focusing on developing holographic imaging for biomedical imaging. Furthermore, the use of holography in the financial sector for security purposes, and their rising demands in the media & entertainment, and education sector is also propelling the growth of the market. In addition, the increasing prevalence of neurological disorders among the growing global geriatric population will spur holographic imaging market trends. The high cost of holographic techniques and lack of awareness in emerging economies can become the restrain in the growth of the market during the forecast period.
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The advancements in holographic imaging software and the introduction of advance and cost-effective devices can offer lucrative opportunities in the market. To fulfill the market demands, the key players of the holographic imaging market are also launching new products and expanding their portfolios. For instance, in April 2021, Eon Reality Inc. has introduced the new version of EON-XR 9.0. With this new advanced version, users can walk around immersive digital environments and interact with numerous 3D objects within the space. Furthermore, in September 2019, EchoPixel launched an intraoperative 3D holographic software, to deliver 3D holographic experience in the operation theaters to aid procedures coupled with the heart procedures. The introduction of the above products can create lucrative opportunities in the global holographic imaging market during the forecast period.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Holographic imaging Market Report Segment
By Product Type
- Holographic Display
- Microscopes
- Software
- Holographic Prints
By Application
- Medical Imaging
- Medical Education
- Biomedical Research
By End-Users
- Pharmaceutical and Biotechnology Companies
- Research Institutes
- Hospitals and Clinics
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)