Global AR and VR in Healthcare Market, By Component (Hardware, Software and Services), Technology (Augmented Reality and Virtual Reality), Application (Patient Care Management, Medical Training and Education, Pharmacy Management and Surgery), End-Use (Hospital, Clinics, Surgical Centers, Research Organizations, Pharma Companies, Government and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights : Global AR and VR in Healthcare Market
AR and VR in healthcare market are expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market growth at CAGR of 34.00% in the above-mentioned forecast period. Rapid development in healthcare sector and rising adoption of technologically advanced products and devices are major driver for the growth of the market.
Augmented reality technology is used to integrate digital technologies with the environment in real time, as virtual reality represents artificial environment using camera, sensors, software. AR tool are used for training and education, as AR based apps used to provide improve care to patients. Such as Vein Visualization technology developed by AccuVein, Inc is a handheld scanner which helps doctors and nurses to locate veins and valves successfully and reduce the pain and time required for the treatment.
Increased penetration of internet of things (IOT) and rising adoption of connected devices are major factors driving the growth of the market. Use of augmented and virtual reality for learning and medical training also helps in the growth of the market. Market will expand due to rising private investments and funding, as the market is witnessing number of investors, and increase in funding in these technologies. Various government funding programs will create growth opportunities for AR and VR in healthcare market in the forecast period of 2020-2027.
High cost of the product and devices and lack of skilled professionals, privacy concerns and data security will act as a restrain, and further challenge the growth of AR and VR in healthcare market in the forecast period mentioned above.
This AR and VR in healthcare market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research AR and VR in healthcare market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global AR and VR in Healthcare Market Scope and Market Size
AR and VR in healthcare market is segmented on the basis of component, technology, applications and end-use. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of component, AR and VR in healthcare market is segmented into hardware, software and services.
- On the basis of technology, AR and VR in healthcare market is segmented into augmented reality and virtual reality.
- On the basis of application, AR and VR in healthcare market is segmented into patient care management, medical training and education, pharmacy management and surgery.
- Based on end-use, AR and VR in healthcare market is segmented into hospital, clinics, surgical centers, research organizations, pharma companies, government and others.
Global AR and VR in Healthcare Market Country Level Analysis
AR and VR in healthcare market is analysed and market size insights and trends are provided by country, component, technology, applications and end-use as referenced above.
The countries covered in the AR and VR in healthcare market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is dominating the market due to the highest market share and revenue and will maintain its position over the forecast period; increasing government and private funding towards development of these technologies, presence of major manufactures and vendors in the region are the factors of the dominance.
The country section of the AR and VR in healthcare market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
AR and VR in healthcare market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for AR and VR in healthcare market impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the AR and VR in healthcare market The data is available for historic period 2010 to 2018.
Competitive Landscape and Global AR and VR in Healthcare Market Share Analysis
AR and VR in healthcare market competitive landscape provide details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to AR and VR in Healthcare Market.
The major players covered in the AR and VR in healthcare market are Intuitive Surgical, CAE HEALTHCARE, 3D Systems, Inc, Hologic, Inc, Laerdal Medical, Google, Microsoft, DAQRI, Psious, Medical Realities Ltd, Artheer, Inc, Augmedix, Orca Health LLC, Brain Power LLC, EchoPixel Inc, zSpace, Inc, Alphabet, Inc, AppliedVR, HTC Corporation, SAMSUNG, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global AR and VR in Healthcare Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.