SAN FRANCISCO, Oct. 21, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Medical Holography - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 367
Companies: 12 - Players covered include EchoPixel, Inc.; EON Reality, Inc.; HoloxiCA Ltd.; Lyncee Tec SA; Mach7 Technologies Ltd.; Nanolive SA; Ovizio Imaging Systems Nv/Sa; Realview Imaging Ltd.; zSpace, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Application (Medical Imaging, Medical Education, Biomedical Research); Product (Holographic Display, Holographic Microscope, Holographic Print, Holographic Software, Holoscopes)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Medical Holography Market to Reach $2 Billion by 2026
Amid the COVID-19 crisis, the global market for Medical Holography estimated at US$386.5 Million in the year 2020, is projected to reach a revised size of US$2 Billion by 2026, growing at a CAGR of 30.9% over the analysis period. Holographic Display, one of the segments analyzed in the report, is projected to record a 30.7% CAGR and reach US$1.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Holographic Microscope segment is readjusted to a revised 33.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $158.8 Million in 2021, While China is Forecast to Reach $341.4 Million by 2026
The Medical Holography market in the U.S. is estimated at US$158.8 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$341.4 Million by the year 2026 trailing a CAGR of 30% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.7% and 26.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 21.8% CAGR.
Holographic Print Segment to Reach US$101.9 Million by the year 2026
In the global Holographic Print segment, USA, Canada, Japan, China and Europe will drive the 32.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$15 Million in the year 2020 will reach a projected size of US$106 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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SOURCE Global Industry Analysts, Inc.