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Asia Pacific Medical Holography Market Growing at a CAGR of 31.56 % During 2016 to 2021

(PharmaNewsWire.Com, December 07, 2017 ) Asia Pacific Medical Holography Market was worth USD 53 million in 2016 and estimated to be growing at a CAGR of 31.56%, to reach USD 209 million by 2021. Medical Holography assists medical professionals by providing three dimensional structures of the interior organs inside the body of a patient. This helps doctors in examining the organs of a body on a desktop monitor, thereby preventing the need for piercing through the body. By the use of this technology, doctors can dissect, view and manipulate internal organs, which are regenerated above a desktop monitor. The extremely high growth rate of this market can be ascribed to its efficacy in the medical field and has a high growth potential.

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Medical professionals in the current times build a 3D model in their mind from a set of 2D images of internal organs of patients so that their health status can be ascertained. A significant amount of effort needs to be invested to imagine the three dimensional structure, which can be avoided with this technology. It also helps them in getting a 3D view of abnormal structures like the disarray of ribcages and broken bones of someone injured in a road accident. Heart ailments in very young patients can be treated with precision and ease, since structures like congenital abnormalities, narrowings and aneurisms are difficult to imagine. Development of technologies for virtual colonoscopy is under progress, by which the uncomfortable method of inserting a colonoscope inside the body can be avoided.

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Market Segmentation
Product Type
Holographic Displays
Holographic Prints
Holography Microscopes
Holography Software
Y-o-Y Growth Analysis, By Product Type
Market Attractiveness Analysis, By Product Type
Market Share Analysis, By Product Type
End Users
Research Laboratories
Hospitals and Clinics
Academic Medical Centres
Pharmaceutical and Biotechnology Companies
Y-o-Y Growth Analysis, By End Users
Market Attractiveness Analysis, By End Users
Market Share Analysis, By End Users
Medical Imaging
Biomedical Research
Medical Education
Other Applications
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application

The Asia Pacific Medical Holography market is driven by emergence of holography as a useful technology in representing abnormal 3D structures, growth in the applications of holography in medical field and rising adoption of holography in medical and biomedical research. The constraints of this market are high price of computation of holographs & equipment and some machines rendering imprecise holographs.
The Asia Pacific Medical Holography market is segmented on the basis of product type into holographic displays, holographic prints, holography microscopes, holoscopes and holography software. By application, the market is segmented into medical imaging, biomedical research and medical education. On the basis of end users, the market is categorised into research laboratories, hospitals and clinics, academic medical centres and pharmaceutical and biotechnology companies.

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The Asia-Pacific Medical Holography market is divided based on geography into India, China, South Korea, Japan, Australia and other parts in the region. Asia-Pacific expected to be the second fastest growing region in the world, followed by North America region. Factors like rising investment in the field for innovation and efficacy of this technology in the medical field is expected to drive the market growth in the region.
Some of the major players in the market include EchoPixel, Inc. (U.S.), Lyncee Tec (Switzerland), Eon Reality (U.S.), Holografika Kft. (Hungary), Realview Imaging Ltd. (Israel), Mach7 Technologies Pte. Ltd. (Australia), Ovizio Imaging systems (Belgium), Holoxica Ltd. (U.K.), zSpace, Inc. (U.S.), Zebra Imaging (U.S.), and NanoLive SA (Switzerland).

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