Global Medical Holography Market is to Grow Around 34% During 2016-2022

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INDORE, India, November 17, 2016 /PRNewswire/ --

Medical holography market is growing with a CAGR of 34% owing to increasing acceptance of holography products in medical education and biomedical research in the world. Moreover, rising clinical applications of holography is also propelling growth in the global medical holography market. North America held the largest market share of around 32% in 2015 owing to rise of holography as an encouraging technology in demonstrating complex 3D structures. Growth in North America is majorly driven by the US market. The US is the home of medical holography device manufacture such as Echo Pixel, Eon Reality and many more, who are supporting research and development activity which is uplifting the growth in the global market.

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Part of Surgical Toolkit: Revolution in Medical Hologram 

Various key players such as Echo Pixel, Eon Reality, Holoxica Limited, Jasper Display Corporation and Leia Inc. are indulging into various research activity that is increasing the application of medical holograms in medical and biological research. Various research developments have been done and more are expected to be approved in near future some of them are: In 2015, EchoPixel shared that the U.S. Food and Drug Administration (FDA) has approved its True3D Viewer that can be used in surgical planning and diagnostics. The software platform renovates existing 2D medical imaging data like CT and MRI scans into wholly collaborative virtual reality images. In 2015, Japanese researcher has innovated holograms that can be dislocated by the human touch. Moreover, there are some more innovation is about to come by the end of 2017. 3D visualization and augmented reality for surgery is one of the major innovation which is expected to be approved by the end of 2017. In these technology neuro surgeons can keep their heads up while performing surgical procedure they can use high resolution, 3D visual representation of their subjects. Thus, the growing innovation and research and development is increasing the growth in the global market.

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Application in medical education: Growth propeller 

The growing use of medical hologram devices by the medical institutes for educating the students is propelling the growth in the global medical hologram market. The conceptualization of 3D images in the human brain is a tough task demanding wide use of the brain's occupied memory. In the medical education, this problem is mainly widespread because of the intricate 3D structures characteristic in human anatomy. One probable solution to such problem is to extant medical content in 3D dimensions other than 2D or 2.5D. An exclusive technological solution to attain this uses holography to extend the medical content in 3D dimensions. Holography permits the user to interpret completely parallax, auto-stereoscopic 3D images. Thus, the growing application in medical education is driving the growth in the global medical hologram market.

About Occams Business Research & Consulting (OBRC) 

Occams Business Research & Consulting has been in the business (Market Research) for the past three years. OBRC, based in India, is formed by two women analysts, Shyamal Moghe and Sathya Durga, who started the company after years of working as analysts and project managers for companies such as Frost & Sullivan, Smart Analyst etc. and have an excellent track record for the best customer satisfaction.

Shyamal Moghe (Shyamal Moghe)

Sathya Durga (Sathya Durga)

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