Intelligence Market Report

Augmented Reality and Virtual Reality in Healthcare Market Size & Growth Opportunities : Valued at US$ 2 Billion and Grow at Healthy CAGR 27% During Forecasts Period 2022

Augmented Reality and Virtual Reality in Healthcare Market 2022 Global Driving Factors, Applications, Segmentation, Technology, Size & Share

 

London, UK -- (SBWIRE) -- 01/19/2022 -- Augmented Reality and Virtual Reality in Healthcare Market is valued approximately at USD 2 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 27% over the forecast period 2021-2027. The Augmented and virtual reality are used in the medical environment because of their use of 3D effect that helps for a thorough investigation of the part that is affected. Also, it helps the doctors to plan the critical surgeries. Growing demand of robotic surgeries instead of by-pass surgeries, rising demand for cardiovascular surgeries and rising prevalence of chronic diseases are leading to fuel the demand in the market. For instance, according to Statista report of 2018, in United States (U.S.), 64% adults aged 75 years and older prefers robot-assisted surgery over traditional surgery, similarly 60% of adults aged 55 to 64 years prefer robot-assisted surgery over traditional surgery. Furthermore, technological advancements by market players are expected to boost the demand in coming years. However, high equipment cost may hamper the market during forecast period.

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The leading market players included are:

-CAE
-GE Healthcare
-Koninklijke Philips N.V.
-Intuitive Surgical
-Siemens Ltd
-Eon Reality, Inc
-Layar
-Bioflight VR
-WorldViz
-TheraSim Inc

The file affords precise dynamics on the several elements of the Augmented Reality and Virtual Reality in Healthcare market, assisting market contributors in making strategic development selections. This studies also is going into element approximately the first-rate modifications which are probably expected to shape the market's increase over the forecast period. It also consists of a key indicator evaluation to cognizance available on the market's increase prospects, similarly to fee-based estimates on market development inside the forecast span from 2022-2028.

A current-day observe compiled and analyzed the worldwide Augmented Reality and Virtual Reality in Healthcare market's historical and current-day situation because it needs to be forecast its potential future development. To end up aware of opportunistic avenues of business company capability for stakeholders, the test offers special statistics approximately the essential aspect increase factors, restraints, and key traits which are shaping the market's future boom panorama. The record moreover gives a useful perception of the way the market will evolve over the forecast period of 2022-2028.

Augmented Reality and Virtual Reality in Healthcare Market Segmentation

This commentary assesses the Augmented Reality and Virtual Reality in Healthcare market based totally on the kind, application, give up patron, and location. The document discusses the big market dynamics and current inclinations related to diverse segments, in addition to how they affect the market's increase possibilities. The research includes in-intensity market segmentation, similarly to key records and a competitive outlook over the forecast period 2022-2028.

The detailed segments and sub-segment of the market are explained below:

By Component:
-Hardware
-Software
-Services

By Technology:
-Augmented Reality
-Virtual Reality

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Research Methodology

The report offers in-intensity information approximately the Augmented Reality and Virtual Reality in Healthcare market based totally on big research into different factors that play a key feature in accelerating the market's growth capacity. The document's facts solutions sport-changing questions for companies which might be presently working within the market and seeking out present-day methods to create a completely unique benchmark in the organization to assist them to make success strategies and motive-driven choices.

Competitive Outlook

The market report's research approach is based on the big primary and secondary research performed with the aid of the usage of the manner of analysts. Analysts have supplied charming observations and correct forecasts of the Augmented Reality and Virtual Reality in Healthcare market primarily based totally on in-intensity insights of industry-associated information received and tested the usage of way of market-perfect assets. The document discusses the supermarket dynamics and current dispositions related to several segments, in addition to how they affect the market's increase prospects in the forecast period 2022-2028.

The record includes employer profiles of key players who're currently dominating the market, further to records on numerous inclinations, expansions, and prevailing strategies used and executed with the aid of leading players.

Key Questions Answered in the Report

- How will new product releases and technological advancements affect market growth?
- What segment generated the highest revenue share, and what is the future scope for that segment?
- What are the market's enticements for various value chain stakeholders?
- Who are the major participants in the Augmented Reality and Virtual Reality in Healthcare market, and what is their level of competition?

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