Medical Holography Market Growth in Future Reach 2021-2028 | EchoPixel, Inc., zSpace, Inc., Mach7 Technologies Pte. Ltd.

Medical holography

SEATTLE, WASHINGTON, USA Dec 6, 2021 / – Global Medical Holography Market


Holography is a type of technology that uses laser light to record a 3D image of any object, which can be reproduced in the object’s absence later. This technology is essentially based on the principle of “light interference”, which refers to the function of superimposing two different light waves to form a resulting light wave of lower or higher amplitude. Holography finds applications in the creation of a moving 3D virtual image of an object. In the medical industry, it is used to convert human information into digital format using 3D imaging analysis. Additionally, medical holography allows healthcare professionals to visualize and analyze stress on different human organs including liver, lungs, heart, etc. during surgery. It can also be used in medical training, tumor localization, measurement of complex 3D structure of human body, remote therapy, diagnosis of human diseases, and planning of surgical procedures. In addition, it is used in various applications such as urology, otology, pathology, ophthalmology, orthopedics and medical research.

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Global Medical Holography Market: Dynamic

The increase in clinical use holography applications is expected to drive the growth of the global medical holography market during the forecast period.

According to a press article published in Imaging Technology News on March 21, 2017, it was noticed that various leading clinical sites have adopted EchoPixel’s True3D, a 3D medical imaging software optimized by HP for use in pediatric surgery. . In 2017, clinical sites such as Nicklaus Children’s Hospital, Miami and Sick Kids Hospital, Toronto adopted True3D by EchoPixel. Additionally, in 2017, the Cook Children’s Medical Center in Texas adopted True3D to provide technologically advanced diagnosis and pre-planning of complex heart surgeries. This 3D technology helps surgeons interact closely with life-size 3D virtual images of human anatomy during real-time cardiac procedures.

The global medical holography market is expected to witness significant growth during the forecast period owing to the increasing emphasis on obtaining product approvals from regulatory bodies. For example, in December 2019, Augmedics, a US-based company, received 510k clearance from the US Food and Drug Administration (FDA) for the use of its product xvision spine system (XVS). XVS is a minimally invasive 3D imaging helmet used in spinal surgery.

Global Medical Holography Market: Restrictions

However, the high cost associated with the construction of the hologram and the lack of qualified personnel to operate medical holography are expected to restrain the growth of the global medical holography market during the forecast period. For example, according to an article published by the Indian Journal of Radiology and Imaging in July 2020, capturing 3D images using holographic technology requires highly trained medical professionals. However, there is a dearth of qualified clinicians with adequate knowledge of recent developments in holography, which limits the adoption of holography in the medical industry. In addition, the various hardware and software products used in 3D medical imaging are expensive compared to conventional 2D imaging techniques. Additionally, capturing images using holography is a time consuming process.

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Global Medical Holography Market: Regional Insights

Among the regions, North America is expected to dominate the global medical holography market during the forecast period, followed by Europe. This is due to increasing technological developments in the medical sector across the region. For example, in June 2020, Augmedics launched its xvision Spine System, a custom headset with 3D medical imaging software that provides real-time virtual 3D navigation. This software technology achieves precision when placing screws into the spine and also reduces the total time required for spine surgery.

In addition, the increasing launch of new products and increasing product approvals are expected to drive the growth of the regional market in the near future. For example, in September 2020, SentiAR, Inc., a US-based medical technology maker received US FDA approval for its revolutionary CommandEP system, which is a holographic guidance system used to assist cardiologists during of invasive heart surgeries.

Asia-Pacific is expected to record lucrative growth in the global medical holography market during the forecast period, owing to increasing product launches in the region. For example, in April 2019, RealView Imaging, an Israel-based medical technology maker, launched Holoscope-I, which is the world’s first holographic system to deliver full-color, accurate, high-resolution 3D holograms.

Global Medical Holography Market: Competitive Landscape

The major players operating in the global medical holography market are EchoPixel, Inc., zSpace, Inc., Mach7 Technologies Pte. Ltd., Zebra Imaging, RealView Imaging Ltd., Nanolive SA, Augmedics, Eon Reality, Holografika Kft., Ovizio Imaging Systems, Holoxica Ltd. and Lyncée Tec.

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