Global Virtual Reality (VR) Health Market By Technology (Full Immersive VR, Semi-Immersive VR, Non- Immersive VR), Offering (Hardware Devices, Software, Services), End User (Hospitals, Clinics, and Surgical Centers; Diagnostic Laboratories; Healthcare Institutes; Others), Application (Visualization; Computer Assisted Surgery; Radiotherapy; Dentistry; Mental Health, Psychological Therapy, & Post Traumatic Stress Disorder (PTSD); Phobias; Telehealth; Disability & Rehabilitation; Medical Training/Teaching/Determining Level of Skill; Pain Management; 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 Virtual Reality (VR) Health Market
Virtual reality (VR) health market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to grow at a CAGR of 18.60% in the above-mentioned forecast period. Rising awareness amongst the physicians and patients regarding the benefits of virtual reality which will further create various opportunities for the growth of the market.
Increasing demand of the high end technology solutions, rising number of collaborations between hardware vendors and medical device providers, growing initiative by the government for the growth of the healthcare industry, rising demand of handheld devices which will likely to enhance the growth of the virtual reality (VR) health market in the forecast period of 2020-2027. On the other hand, rising research and development activities which will further bring immense opportunities for the growth of the virtual reality (VR) health market in the above mentioned forecast period.
High cost of the technology along with stringent regulations and policies are acting as market restraints for the growth of the virtual reality (VR) health in the above mentioned forecast period.
This virtual reality (VR) health 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 virtual reality (VR) health market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Virtual Reality (VR) Health Market Scope and Market Size
Virtual reality (VR) health market is segmented on the basis of technology, offering, application and end user. 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.
- Based on technology, virtual reality (VR) health market is segmented into full immersive VR, semi-immersive VR, and non- immersive VR.
- On the basis of offering, virtual reality (VR) health market is segmented into hardware devices, software, and services. Hardware devices have been further segmented into head tracking systems, head-mounted displays, non-immersive systems, gesture control, projectors, and others.
- Virtual reality (VR) health market has also been segmented based on the end user into hospitals, clinics, and surgical centers; diagnostic laboratories; healthcare institutes; and others.
- Virtual reality (VR) health market has also been segmented based on the application into visualization; computer assisted surgery; radiotherapy; dentistry; mental health, psychological therapy, & post traumatic stress disorder (PTSD); phobias; telehealth; disability & rehabilitation; medical training/teaching/determining level of skill; pain management; and others. Visualization has been further segmented into virtual endoscopy, and colonoscopy. Computer assisted surgery has been further segmented into training, planning, rehearsal, and delivery.
Virtual Reality (VR) Health Market Country Level Analysis
Virtual reality (VR) health market is analysed and market size insights and trends are provided by country, technology, offering, application and end user as referenced above.
The countries covered in the virtual reality (VR) health 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 dominates the virtual reality (VR) health market due to the prevalence of improved healthcare infrastructure, growing occurrences of chronic disorders among the people along with advancement in technology, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 due to the rising number of initiatives by the government for the adoption of advanced technology.
The country section of the virtual reality (VR) health 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
Virtual reality (VR) health 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 virtual reality (VR) health market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the virtual reality (VR) health market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Virtual Reality (VR) Health Market Share Analysis
Virtual reality (VR) health market competitive landscape provides 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 virtual reality (VR) health market.
The major players covered in the virtual reality (VR) health market report are Vicarious Surgical Inc., Siemens Healthcare Private Limited, Virtalis LTD., CAE HEALTHCARE, General Electric, Qualcomm Technologies, Inc., SAMSUNG, Vuzix Corporation, Mimic Technologies, Inc., Brainlab AG, Firsthand Technology Inc, ImmersiveTouch, Inc., Koninklijke Philips N.V., Medical Realities Ltd, Mindmaze, Osso VR, Program-Ace, Psious, SimX Inc, SURGICAL THEATER, INC., zSpace, Inc., 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.
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.