Medical Holography Market Segmentation Trends & Scope Till 2025 “The global market size of medical holography market in 2015 was estimated to be USD 281.4 million. The market is anticipated to witness lucrative growth with a CAGR of 31.0% throughout the forecast period owing to increasing use of holography based products in biomedical research.� The global market size of Medical Holography Market in 2015 was estimated to be USD 281.4 million. The market is anticipated to witness lucrative growth with a CAGR of 31.0% throughout the forecast period owing to increasing use of holography based products in biomedical research. Increasing activities and funding pertaining to R&D by key biotechnological and pharmaceutical companies is predicted to widen the scope for biomedical research activities. Additionally, wide array of clinical applications of holography such as in dentistry, surgical & radiological procedures, cardiac electrophysiology, and orthopedics has triggered growth of the industry. Advent of technologically advanced products, such as, miniaturized light emitting diodes and pico-like projectors, which provides high clarity holographic images are predicted to accelerate demand during the forecast period. Emerging holographic interaction and visualization technologies enabling minimally invasive procedures has led to an enhanced safety profile for patients. The abovementioned factors leading to better outcomes for patients are expected to drive physicians and patient’s preference for these products. Product Insights Holographic displays held the highest share of the product segment in 2015. The dominancy can be as a consequence of high penetration of these displays as they are an important component for viewing holograms. Moreover, the increasing modifications and advancements in holographic displays are believed to drive the demand by increasing adoption rate by physicians, researchers, and educationists. The advancements such as incorporation of piston based displays, laser and electro-holographic is expected to be one of the high impact rendering drivers. There are several benefits associated with the above-mentioned technological advancements for diagnostic procedures, which is providing attractive growth opportunities.
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