Middle East and Africa Medical Holography Market was worth USD 15 million in 2016 and estimated to be growing at a CAGR of 27.5%, to reach USD 50 million by 2021
Medical Holography can be defined as the technology by which professionals in the medical field can generate 3D structures of the interior organs inside a patient’s body. This helps doctors in examining the organs of a body on a desktop monitor, preventing the necessity of cutting through the body.
Using this technology doctors can dissect, manipulate and view internal organs, which are rebuilt above a desktop screen. The high growth rate of this market can be owed to its efficacy in the medical field.
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Medical professionals in the present times build a three dimensional model in their mind from a set of 2D images of internal organs of patients. A lot of efforts need to be invested to picture the 3D structure which can be prevented with this technology.
It also assists them in getting a 3D view of abnormal structures like the mess of ribcages and broken bones of someone injured in a road accident. Development of technologies for virtual colonoscopy is under progress, by which the uncomfortable method of inserting a colonoscope inside the body can be avoided.
Heart ailments in very young patients can be treated with ease and precision, since structures like congenital abnormalities, narrowings and aneurisms are difficult to imagine.
- 5.1 Product Type
- 5.1.1 Holographic Displays
- 5.1.2 Holographic Prints
- 5.1.3 Holography Microscopes
- 5.1.4 Holoscopes
- 5.1.5 Holography Software
- 5.1.6 Y-o-Y Growth Analysis, By Product Type
- 5.1.7 Market Attractiveness Analysis, By Product Type
- 5.1.8 Market Share Analysis, By Product Type
- 5.2.1 Research Laboratories
- 5.2.2 Hospitals and Clinics
- 5.2.3 Academic Medical Centres
- 5.2.4 Pharmaceutical and Biotechnology Companies
- 5.2.5 Y-o-Y Growth Analysis, By End Users
- 5.2.6 Market Attractiveness Analysis, By End Users
- 5.2.7 Market Share Analysis, By End Users
- 5.3.1 Medical Imaging
- 5.3.2 Biomedical Research
- 5.3.3 Medical Education
- 5.3.4 Other Applications
- 5.3.5 Y-o-Y Growth Analysis, By Application
- 5.3.6 Market Attractiveness Analysis, By Application
- 5.3.7 Market Share Analysis, By Application
The Middle East and Africa 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. However, factors like high price of computation of holographs & equipment and some machines rendering imprecise holographs are hindering the growth of this market.
The Middle East and Africa 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.
The market in this region can be divided based on geography broadly into Middle East and Africa. The market in the region is in its emerging stages.
Factors like rising use of holography in the medical field along with rising investment in innovation 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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