Augmented and Virtual Reality In Healthcare Market

Augmented and Virtual Reality In Healthcare Market Size, Share, Growth Analysis, By Technology(Augmented reality, Virtual reality), By Component(Hardware, Software, Services), By Application(Surgery, Training & education, Behavioral therapy, Medical imaging), By End-use(Academic Institutions, Hospitals, Clinics / Dentist, Others), By regions(North America, Europe, Asia Pacific, Latin America) - Industry Forecast 2025-2032


Report ID: UCMIG35J2039 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Augmented and Virtual Reality In Healthcare Market Insights

Market Overview:

Global Augmented and Virtual Reality in Healthcare Market size was valued at around 2.83 billion in 2022 and is expected to rise from USD 3.40 billion in 2023 to reach a value of USD 11.78 billion by 2031, at a CAGR of 16.8% over the forecast period (2024–2031). The healthcare sector is going through a digital transformation, which is being fueled by the ongoing development of software and new technologies like artificial intelligence, augmented reality, and virtual reality. Manufacturers are coming up with creative solutions to stay up with this trend, which has further boosted the value of AR/VR in healthcare.

Augmented and Virtual Reality In Healthcare Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Life Sciences Tools & Services by segment aggregation, the contribution of the Life Sciences Tools & Services in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Augmented and Virtual Reality In Healthcare was estimated to be valued at US$ XX Mn in 2021.

The Augmented and Virtual Reality In Healthcare Market is estimated to grow at a CAGR of XX% by 2028.

The Augmented and Virtual Reality In Healthcare Market is segmented on the basis of Technology, Component, Application, End-use, regions.

Based on region, the Augmented and Virtual Reality In Healthcare Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Augmented and Virtual Reality In Healthcare Market are Augmedics, Augmedix, Inc., FundamentalVR, Hologic Inc., Intuitive Surgical, Inc., Karuna Labs Inc., Medical Augmented Intelligence (MAI), MindMaze, Amelia Virtual Care, Surgical Theater, Inc.

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Augmented and Virtual Reality In Healthcare Market

Report ID: UCMIG35J2039

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