Global Holographic Imaging Market to Reach $564.8 Million by 2029

FREMONT, California, Nov. 8, 2019 /PRNewswire/ -- According to a new market intelligence report by BIS Research, titled "Global Holographic Imaging Market – Analysis and Forecast, 2019-2029", the market for holographic imaging is projected to grow at a CAGR of 35.9% during the forecast period from 2019 to 2029. Owing to the growing prominence of technology-enabled medical education, the market is expected to grow up to $564.8 million during by the end of 2029.

Browse 48 Market Data Tables and 196 Figures spread through 170  Pages and in-depth TOC on "Global Holographic Imaging Market"

The global medical imaging market is currently in a transformational phase. The market is divided into two groups regarding the adoption of new technologies. While one of them is optimistic about future technologies, the other prefers conventional methods for the time being. The idea of holographic imaging evolved from a need to have more efficient visualization during surgical procedures and educational environments. Although the 2D displays sold in the market are efficient, they lack depth. Most doctors and clinicians are used to observing 2D images of a patient's body on a flat screen and conjure up a 3D representation in their minds.

The advent of 3D visualization technologies is expected to enable clinicians and surgeons to optimize their efforts. The growing demand for 3D visualization and imaging has intensified competition between technologies such as augmented reality, virtual reality, light field display, and volumetric displays technology. Various tech startups have been involved in R&D and are coming up with prototypes and concepts that have sparked interest among end users. While 2D imaging systems and technologies that exist today overshadow the new technologies in terms of market share, the introduction of new and advanced technologies in the market is inevitable. The report attempts to assess the scope of growth of the global holographic imaging market.

BIS Research Report: https://bisresearch.com/industry-report/holographic-imaging-market.html

According to Manu Koushik Chanda, Lead Analyst at BIS Research, "Integrated systems and accessories are the leading contributors to the global revenue of the holographic imaging market. The product type contributed to an impressive 99.6% of the market revenue in 2018. It is likely that the market will witness an increase in the number of third-party apps and software developers post-2025."