Holographic Imaging Market to grow at 30% CAGR from 2017 to 2024

1. Holographic Imaging Market forecast to surpass $3 billion by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

2. Key Insights from Holographic Imaging Market: • Global Market Insights, Inc. says Holographic Imaging Market size is set to exceed USD 3 billion by 2024. • Increasing adoption of holographic imaging in medical education should drive the holographic imaging market size over the forecast years. • Medical practitioners and students are widely using holographic techniques to effectively study the human body, since the technology provides surgeons with a detailed view of patient anatomy without cutting into the body. • Emergence of 3D holographic imaging has revolutionized the medical imaging and surgery. The technology converts the given two dimensional MRI and CT scan imaging data into interactive virtual reality images. • Rising clinical applications of holography in the healthcare industry has provided an up thrust to the holographic imaging market growth.

3. Continued... • High cost of holographic technology and lack of accessibility should hamper the holographic imaging market growth. Furthermore, complications involved in recording holographic images will restrain the forecast industry growth. • Holographic display plays a key role in holographic images market. The continuing improvement of imaging equipment for medical scanning provides data with higher resolution fostering the development of holographic display. • Medical imaging should witness a robust growth over the forecast years. • U.S. holographic imaging market accounted for significant industry share with expectations to witness healthy growth over coming years. • Increasing biomedical research initiatives in holographic image technology and adoption of holographic products by research academics centers and laboratories should stimulate the business growth.

4. Continued... • Japan is likely to witness lucrative growth rate in the coming years due to increasing government initiatives and biomedical research initiatives in this region. • Brazil accounted for considerable regional industry share in 2016. Rising awareness regarding the use of holographic imaging technology for medical training purposes, and increasing preference for keyhole surgeries should boost industry growth. • Some of the prominent companies are striving to launch innovative products in the holographic imaging market include EON Reality, Holoxica, Zebra Imaging, Ovizio Imaging, RealView Imaging, and Mach7 Technologies. • New product launch and collaborations are some of the major strategies adopted by industry participants. The industry should witness fierce competition due to increase in number of private players and presence of large number of unique customer segments.

5. U.S. Holographic Imaging Market size, By Product, 2013-2024 (USD Million)

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