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 News

In March 2024, collaboration between the academic world and industry assumes a critical part in propelling medical care development.
In January 2024, Cipla (EU) Limited declared a strategic partnership with Kemwell Biopharma Private Limited and Manipal Education and Medical Group to lay out a joint venture in the US. The point is to create and advertise imaginative cell treatment items to address huge neglected clinical necessities in the US, Japan, and EU regions.
In December 2023, Boston-based Heranova Lifesciences, a ladies' healthcare organization, launched an international community known as the AI Alliance. The AI Alliance unites driving innovation designers, analysts, and adopters to team up on propelling open, safe, and mindful artificial intelligence (AI).

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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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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

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