Global Medical Holography Market – Snapshot
Holography is a technique through which light is recorded and scattered through holographic display objects even when the source of light is not available due to the absence of original images. Medical holography includes utilization of holographic technology in the field of medicine, by creating virtual images of physical body parts, which help surgeons diagnose severe chronic diseases at an early stage. Medical holography technique is also widely utilized by students and teachers in academic centres to understand the anatomy and complexity of a disease in a better way. Presently, holographic imaging technology is extensively employed in the healthcare industry for body scanning, medical check-up, and research, which in turn has led to significant expansion of the global medical holography market. The advent of inexpensive processors and high-performance imagers has prompted a majority of industries to acknowledge the benefits of adopting medical holographic imaging technology.
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The global medical holography market was valued at around US$ 240.0 Mn in 2017 and is anticipated to reach around US$ 3500.0 Mn by 2026, expanding at a CAGR of more than 30.0% from 2018 to 2026. Rise in prevalence of chronic diseases, such as cancer and cardiovascular events, increase in the geriatric population, and intensive research activities being performed to determine the various applications of holographic techniques in different surgical procedures are key factors that are estimated to propel the market during the forecast period.
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Holographic technology is widely utilized for virtual display of images of the internal organs, heart, gastric organs, such as pancreas, liver, and the developing embryo for diagnosis of cancer and other chronic disease conditions. Applications of medical holography, such as medical imaging of different parts of body organs suspected of disease, possess potential for the medical holography market in the near future. Thus, further research in the field of medical holography for further utilization offers significant opportunities to the market in the near future.
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