The latest research study “virtual reality (VR) in healthcare market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global virtual reality (VR) in healthcare market size reached US$ 454.02 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2,582.93 Million by 2027 exhibiting a CAGR of 31.50% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Industry Definition and Application:
Virtual reality (VR) in healthcare enables both healthcare professionals and patients to interact in simulated environments tailored for medical education, rehabilitation, and pain management. It can be segmented into several types based on technology, such as head-mounted, gesture-tracking, projector, and display walls, etc.
The solutions of VR in healthcare aid patients and doctors to communicate from anywhere, evaluate medical progress in real-time, and make for more practical theoretical learning for medical students ensuring they acquire hands-on skills in risk-free conditions.
They even prove highly effective in performing mock surgeries and assisting patients dealing with mental health issues and depression, thereby making them feel safer and more comfortable. Consequently, VR in healthcare procedures are extensively used in hospitals, clinics, and research laboratories, across countries.
Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/virtual-reality-in-healthcare-market/requestsample
Virtual Reality (VR) in Healthcare Market Trends and Drivers:
The increasing adoption of connected devices in healthcare establishments is primarily driving the virtual reality (VR) in healthcare market. In addition to this, the escalating advancements in dependable medical software and hardware development are acting as significant growth-inducing factors.
Furthermore, the launch of smart wearable VR devices, including fitness trackers, goggles, rings, fit bands, and headsets, is also positively influencing the market growth. Apart from this, the growing geriatric population and the elevating incidences of numerous chronic and lifestyle health disorders among the masses are further catalyzing the global market.
Moreover, inflating investments in research and development activities (R&D), the rising innovations in mobile applications and telemedicine, and the expanding demand for VR technologies in pain management and post-traumatic stress disorder (PTSD) therapies are expected to stimulate the virtual reality (VR) in healthcare market over the forecasted period.
|Virtual Reality (VR) in Healthcare Market Report Scope|
|Market size value in 2021||US$ 454.02 Million|
|Market forecast in 2027||US$ 443.93 Billion|
|Growth Rate||CAGR of 4.70% from 2022 to 2027|
|Base year for estimation||2021|
|Report coverage||Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, And Trends|
|Segments covered||Component, Technology, Product, Application And End User|
|Regional scope||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Key companies profiled||AppliedVR Inc., EchoPixel Inc., EON Reality, Firsthand Technology Inc., ImmersiveTouch Inc., Koninklijke Philips N.V., Microsoft Corporation, Siemens Healthineers AG (Siemens AG), Surgical Science Sweden AB, SyncThink Inc., Virtually Better Inc. and XRHealth.|
|Market Dynamics||Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,|
|Customization purview||If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.|
Click here to view detailed information with table of content: https://www.imarcgroup.com/virtual-reality-in-healthcare-market
The report has been segmented the market into following categories:
Breakup by Component:
- Software and Services
Breakup by Technology:
- Projector and Display Walls
Breakup by Product:
- VR Semiconductor Components
- VR Devices
- VR Sensors
Breakup by Application:
- Pain Management
- Medical Training and Education
- Patient Care Management
- Rehabilitation and Therapy Procedures
Breakup by End User:
- Hospitals and Clinics
- Research Laboratories
- North America
- United States
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
List of Major Key Players:
The major players in the market are AppliedVR Inc., EchoPixel Inc., EON Reality, Firsthand Technology Inc., ImmersiveTouch Inc., Koninklijke Philips N.V., Microsoft Corporation, Siemens Healthineers AG (Siemens AG), Surgical Science Sweden AB, SyncThink Inc., Virtually Better Inc. and XRHealth.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
TA Guide on How to Buy the Best Quality Jumpsuits
Unlocking the Power of Instagram Likes and Views
5 Promotional Strategies Businesses Are Implementing in 2023
Safeguarding Children from Harmful Substances in Schools
How Cisco Catalyst 2960 Series Switches Optimizes Network Infrastructures
Age of Tech: 5 Ways Technology Can Streamline Business Operations
Ensuring Efficiency and Flow with Outdoor Turnstiles in Theme Parks
Game Development In The Cloud: Collaborative Workflows
What is CVO?
Creative Ways to Use Up Your Internal Budget Before Year-End
Blog7 months ago
MyCSULB: Login to CSULB Student and Employee Portal – MyCSULB 2023
Android App2 years ago
Cqatest App What is It
Android7 months ago
What Is content://com.android.browser.home/ All About in 2023? Set Up content com android browser home
Software2 years ago
A Guide For Better Cybersecurity & Data Protection For Your Devices
Latest News2 years ago
Soap2day Similar Sites And Alternatives To Watch Free Movies
Android2 years ago
What is OMACP And How To Remove It? Easy Guide OMACP 2022
Android2 years ago
What is org.codeaurora.snapcam?
Business1 year ago
Know Your Business (KYB) Process – Critical Component For Partnerships