Global AR In Health Care Market

AR In Health Care Market Size, Share, Growth Analysis, By Technology(Head Mounted Devices, Handheld Devices), By Type(AR Displays, AR Sensors, AR Input Devices, AR Semiconductor Components), By End - User(Hospitals and Clinics, Research Laboratories, Others), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35G2207 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 91 | Figures: 76

AR In Health Care Market Dynamics

AR In Health Care Market Drivers

Enhanced Medical Visualization and Training

  • AR technology offers healthcare professionals the ability to visualize and interact with 3D models of anatomical structures, aiding in surgical planning, medical training, and diagnosis.

Rise of AR Startups

  • The emergence of startups focused on developing AR solutions tailored to healthcare needs is fostering innovation and expanding the market's potential.

Improved Surgical Precision

  • AR-assisted surgeries enable surgeons to overlay vital information, such as patient data and surgical plans, directly onto their field of view, enhancing precision and reducing risks during complex procedures.

AR In Health Care Market Restraints

Data Privacy and Security Concerns

  • The utilization of AR in healthcare raises concerns about patient data privacy, security, and compliance with healthcare regulations, potentially impeding adoption.

High Initial Costs

  • Implementing AR technology, including devices, software development, and training, can entail significant upfront costs, deterring some healthcare institutions from adoption.

Resistance to Change

  • The introduction of AR in healthcare requires training and adaptation from medical professionals, potentially causing resistance to change among established practices.
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AR In Health Care Market size was valued at USD 1.7 billion in 2022 and is poised to grow from USD 2.19 billion in 2023 to USD 16.82 billion by 2031, growing at a CAGR of 29% in the forecast period (2024- 2031).

The Augmented Reality (AR) in Healthcare market showcases a dynamic and competitive landscape, characterized by a fusion of industry behemoths, pioneering startups, and collaborative endeavors. Industry giants like Microsoft and Google dominate with their extensive technological prowess, leveraging substantial investments to engineer cutting-edge AR solutions for healthcare applications. Their influence spans across surgical navigation, medical training, and patient interaction. 'Microsoft Corporation (USA)', 'Google LLC (USA)', 'DAQRI LLC (USA)', 'Atheer Inc. (USA)', 'Vuzix Corporation (USA)', 'Medical Realities Ltd. (UK)', 'Augmedix (USA)', 'EchoPixel, Inc. (USA)', 'AccuVein Inc. (USA)', 'Orca Health (USA)', 'Surgical Theater (USA)', 'Scopis GmbH (Germany)', 'Oculus Health (USA)', 'Proximie (UK)', 'Augmentiqs (Israel)', 'Innovega Inc. (USA)', 'Firsthand Technology Inc. (USA)', 'Augment Bionics (Canada)', 'Augmenta (Greece)', 'CaptoGlove (Italy)'

AR technology offers healthcare professionals the ability to visualize and interact with 3D models of anatomical structures, aiding in surgical planning, medical training, and diagnosis.

Remote Consultations and Telemedicine: AR is enabling remote consultations and virtual healthcare experiences, allowing patients and healthcare providers to interact and diagnose from a distance.

Within the landscape of Augmented Reality (AR) for healthcare, North America has asserted its dominance by securing a significant share in terms of revenue. This commanding position is poised to remain unshaken throughout the forecasted period. The factors contributing to this steadfast dominance encompass a confluence of strategic elements that enable North America to maintain its leading stature.

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Global AR In Health Care Market

Report ID: SQMIG35G2207

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