South Korea Holographic Imaging Market Report and Forecast 2024-2032

South Korea Holographic Imaging Market Outlook

The South Korea holographic imagery industry is expected to grow at a CAGR of 25.5% between 2024 and 2032. During the projected period, the use of 3D imaging technology among surgeons and medical professionals may propel the worldwide holographic imaging market. Rapid advancements in image processing and electrical detection, as well as the growing use of 3D holographic imaging in training and medical education, are majorly driving the industry.

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Key Trends in the South Korea Holographic Imaging Market

Holography is a technique that uses lasers, interference and diffraction effects, light intensity recording, and lighting of the recording to produce three-dimensional pictures known as holograms. The images are three-dimensional, with depth, parallax, and a constant change in aspects from the viewer's point of view. In principle, a holographic display works by reflecting digital material through glass coated with a specific coating, known as glass optics, using a high-definition or 4K screen.

The Digitisation of Medical Infrastructure and High Demand in Biomedical Research Bolster the Market Growth

One of the key factors anticipated to drive the growth and demand of the holographic imaging market is the increase in awareness regarding the use of holographic imaging in medical schools. Additionally, it is anticipated that over the course of the forecast period, the global holographic imaging market will grow due to the high demand for holography applications in medical imaging and the rising adoption of holography methods in biomedical research. Similarly to this, it is anticipated that the quick development of clinical holography applications in the healthcare sector, the rapid change in lifestyle, and the expansion of government efforts for the digitalization of healthcare infrastructure would all boost South Korea holographic imaging market growth.

The Multiple Applications of Holographic Technology is Augmenting its Market in South Korea

As a cutting-edge method of storing and displaying information in 3D format, holography has recently gained popularity. This technology has several uses in the realms of medicine, engineering, science, graphics, and the arts. It is essential to the facilitation of healthcare and personalised medication. Holography images reduce planning costs while improving medical results. The hologram of a patient may be emailed to the doctor so they can check the patient's health state without having to physically see them in order to use this technology in faraway locations. A single capture of 3D pictures is made possible by holographic technology advancements like digital holographic microscopy. The market for holographic imaging is anticipated to see considerable development due to the quick increase in holographic imaging awareness in medical research, and medical education, and the rapid uptake of holography methods by academic medical institutions, surgeons, and biomedical researchers.

Market Analysis

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Based on product, the South Korea holographic imaging market is segmented into holographic display, holography software, and holography microscopes, among others. On the basis of applications, the holographic technology of South Korea is divided into medical education, medical imaging, and biomedical research, among others. Based on end user, the holographic imaging market is bifurcated into hospitals and clinics, academic and research institutes, and biotechnology and pharmaceutical companies.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the South Korea holographic imaging market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• Phase Holographic Imaging PHI AB

• SAMSUNG Electronics Co. Ltd.

• Realfiction Holding AB

• Electronic and Telecommunications Research Institute (ETRI)

• Others

Market Share by Product

A holographic microscope uses laser light to illuminate the sample, and the resultant picture (or hologram) may be utilised to detect the tiny sample's 3D structure, location, and orientation. There are numerous new holographic microscopes and hologram analysis software available in the market which also aid the development of the South Korea holographic imagery market. With continuous research and development, all the segments are anticipated to secure a significant share of the market.

Market Share by Application

Holography is employed in a few sectors to prevent product duplication since it offers outstanding capabilities for product inspection. This technology is used to record details about automobiles and their licence plates. The other uses include in television, video games, etc. It reduces manual inspections and helps the patient with detailed instructions. These benefits are propelling the market growth in South Korea. Moreover, the inclination of the South Korean population toward technology and government support to digitise the healthcare industry will prominently boost the growth of the holographic imaging market.

Market Share by End User

On the basis of end users, the market is classified into hospitals and clinics, academic and research institutes, and biotechnology and pharmaceutical companies. Owing to the growing biomedical research work and technological advances in the field, academic and research institutes are one of the major end users. The demand for high-tech healthcare facilities, rising disposable income, and high living standards the demand is steadily increasing in hospitals, clinics, as well as biotechnology and pharmaceutical companies to deliver the most advanced and effective facilities to people, thereby, bolstering the growth of the holographic imagery market in South Korea.

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Competitive Landscape

Phase Holographic Imaging PHI AB - Holographic Phase Imaging PHI AB (PHI) is a Swedish business involved in the medical technology industry. It creates and sells time-lapse cytometers for use in clinical settings. The items employ holographic microscopy technology, in which light information from objects is captured by image sensors and processed by computers to produce visual images. Additionally, it works on creating associated software. With its technique, live cells may be seen and measured throughout time without being harmed or destroyed. PHI works with scientists studying stem cells and cancer, among others. The HoloMonitor M3 benchtop time-lapse cytometer and the HoloMonitor M4 incubator-based cell analyzer are among the company's products.

Realfiction Holding AB - Realfiction Holding AB is a Swedish manufacturer of mixed reality solutions for retail, events, and brand activations. The business markets items by utilising mixed reality technology, which combines real life with computer animations and information. The company was established in 2008 and its headquarter is in Helsingborg, Sweden.

Key Highlights of the Report