Medical Holography Market to Garner USD 3.5 billion by 2023 | Industry Size, Share Growth, Forecast

Real View Imaging (Isarel), Echo Pixel (CA), Integraf (USA), Royal Philips (Netherland), Zebra imaging, Eon Reality (US), Nano live SA (Switzerland), Holoxcia (Engalnd), Lyncee Tec (Switzerland), Mach 7 Technologies, General Electric Company, DPL Industri A/S Denmark, Olomagic, Arnold Herzig GmbH and others are some of the prominent players at the forefront of competition in the Global Medical holography Market and are profiled in MRFR Analysis.

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Global Medical holography Market   – Overview

The unique technique of visualising medical images in 3D structure is called medical holography (optical reality). The practice of making holograms (3D image produced by coherent light source) is called holography. A three-dimensional image of the subject under diagnosis, is displayed by a hologram. Some of the medical holography applications include X-ray holography, Endoscopic holography, internal hologram recording endoscope, digital holographic microscopyand others. Digital holographic microscopy is broadly used and allows label-free quantitative phase measurement or quantitative phase imaging (QPI) of living cells. Digital holographic microscopy has a wide range of applications in: living cells imaging, label-free cell counting, red blood cell analysis, flow cytometry and particle tracking and characterization and others. According to a recent study report published by the Market Research Future, the global medical holography market is estimated to grow rapidly over the forecast period. The Global medical holography market is expected to grow at a CAGR of 32 % during forecasted period 2017-2023.

Complete report is available @ https://www.marketresearchfuture.com/reports/medical-holography-market-1519

The major factors influencing the growth of the market include increasing technology advancement in medical holography, rising clinical application of holography in orthopaedics, dentistry, cardiology, radiology & surgical procedures, growth in emerging markets for imaging technology, increasing demand for diagnostics and image guide procedures, Increasing R&D activities. Whereas, high production costs and the inhibitions in adoption of medical holograms may hamper the growth of the market.

Global Medical holography Market   – Competitive Analysis

The Global Medical holography market is emerging and is establishing at a rapid rate. The medical holography market is scattered and major companies like   RealView Imaging Ltd., EchoPixel, Inc. and OVIZIO IMAGING SYSTEMS are dominating the market share.

Founded in 2008, RealView Imaging Ltd. headquartered in Yokneam, Israel, pioneers in medical imaging applications and offers and diagnostic imaging products using its Digital Light Shaping technology. The company launched HOLOSCOPE-i in 2018 for clinical interventional procedures. HOLOSCOPE-i has complete knowledge of complex anatomy and dynamic physiological and allows the clinician to zoom, rotate, slice, mark and measure the hologram. Thus enhancing the intervention procedure and improving the patient care. The company is also developing another product named HOLOSCOPE-x that allows insitu visualization of any organ of patient and improves the efficacy and accuracy of the interventional procedure.

EchoPixel, Inc., headquartered in US is one of the leading players in the True 3D, an interactive virtual reality software solution. In October 2017, The Company announced the completion of $8.5 million Series A financing round. The funds will be utilised to expand EchoPixel’s Commercial, Research and development activities and Regulatory organizations.  The investors participating were Aurus Capital, Runa Capital, Harris & Harris Group and LAM Research and Binomial. EchoPixel’s True 3D Viewer software enables pre-operative planning, improved understanding in selection implantable devices and better communication between the surgical team. In March 2017, the also announced that it is developing True 3D Viewer Software for its applications in pediatric surgical procedures. DICOM image data is translated into life size virtual-reality objects using EchoPixel’s True 3D Viewer Software thus enabling the medical practitioners to move, dissect, turn, and closely examine patient-specific anatomy. Lucile Packard Children’s Hospital Stanford and Cook Children’s Medical Center have installed EchoPixel’s True 3D Viewer Software to use 3D technology as a diagnostic tool. Thus the company is focusing to its product portfolio in pediatrics.

OVIZIO IMAGING SYSTEMS (Brussels, BE) microscopes work on patented ‘Differential Digital Holography’ technology and advanced algorithms and offer automated, label-free tools for viable cell counting. In February 2018, The Company received U.S. patent for its fluid microscope system which is used for obtaining holographic information of any fluid sample. Furthermore, in October 2015, the company collaborated with Pall Life Sciences to improve, customize and commercialize the iLine S microscope series. This partnership will lead to rise in revenue and increases market opportunities for Ovizio. In February 2015, the company also received U.S. patent for its flow cytometric system comprising digital holographic microscope used for observing, analysing or separating objects in a liquid sample. Thus enhancing its holographic product portfolio for pharmaceutical and biotech research and development use.