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Holographic Imaging Market size exceeded USD 331 million in 2017 and is anticipated to grow at a CAGR of over 34% from 2018 to 2024. Growing awareness regarding usage of holographic imaging in medical education will boost the market growth. Newly developed holographic imaging systems possess high efficiency and gives clear 3D images that aids the research processes.
Government in developed countries such as UK and Germany implement several initiatives that facilitates the research process undertaken for studying orthopedic and cardiovascular disorders thereby, augmenting the demand for holographic imaging systems in the coming years. Furthermore, there has been a considerable increase in the adoption of holographic imaging system for conducting biomedical research process in India that will further stimulate the market expansion during the forecast timeframe.
Increasing demand for holography technology in developed countries will drive the holographic imaging market progression. Recently developed holographic systems have ability to diagnose diseases and find high preference as it offers non-invasive diagnosis. Holography has intense applications in ophthalmology, orthopedics and dentistry. However, high cost associated with processing holograms will restrain the industry growth up to some extent.
Report Attribute | Details |
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Base Year: | 2017 |
Holographic Imaging Market Size in 2017: | 331 Million (USD) |
Forecast Period: | 2018 to 2024 |
Forecast Period 2018 to 2024 CAGR: | 34% |
2024 Value Projection: | 2.5 Billion (USD) |
Historical Data for: | 2013 to 2017 |
No. of Pages: | 140 |
Tables, Charts & Figures: | 112 |
Segments covered: | Product, Application, End-user and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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