The global market for Virtual Reality (VR) In Healthcare was valued at US$2.7 Billion in 2024 and is projected to reach US$13.4 Billion by 2030, growing at a CAGR of 30.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
In the realm of pain management, VR has proven highly effective, offering substantial pain relief by immersing patients in digital worlds that distract from pain and anxiety. This method has shown to reduce pain by 24% or more, benefiting patients in labor, those with acute and chronic pain, and even children with injuries. VR has demonstrated particular efficacy in managing pain for burn patients, significantly reducing their discomfort as supported by MRI scans showing decreased pain-related brain activity. Furthermore, VR is making significant strides in physical rehabilitation by offering motion-enabled games and programs that replicate precise physical movements, encouraging patient engagement and compliance with rehabilitation exercises. These programs can be tailored to individual patient needs, helping improve motor functions in conditions like cerebral palsy and offering practical rehabilitation by simulating real-life skills. Additionally, VR is enhancing cognitive functions in seniors and aiding in the treatment of conditions such as multiple sclerosis (MS) and post-stroke spatial deficits through increased sensory input and multisensory integration.
Virtual reality (VR) in healthcare is revolutionizing patient treatment and medical practices, providing significant enhancements in surgical precision, training, and patient outcomes. Advanced VR tools are increasingly used in complex surgeries such as neurosurgery and thoracic surgery, allowing surgeons to virtually explore a patient's anatomy prior to procedures, thus improving accuracy and situational awareness. This technology also aids in patient and family education about surgical processes. Moreover, VR training has demonstrated a substantial improvement in surgical performance, outperforming traditional training methods by up to 230%. The use of VR in training orthopedic surgery residents is gaining traction due to its ability to offer extensive practice opportunities without the limitations and costs associated with cadaver-based training. VR simulations are also being employed to help healthcare providers understand patient experiences, such as those suffering from dementia, Parkinson's disease, or migraines, thereby enhancing empathy and understanding.
Virtual Reality (VR) In Healthcare - Key Trends and Drivers Summarized
The growth of VR in healthcare is driven by numerous factors, including technological advancements in VR hardware and software that enhance realism and effectiveness. Integration with artificial intelligence (AI) and machine learning (ML) allows for personalized and adaptive healthcare solutions, improving patient outcomes. Enhanced data analytics capabilities enable the collection and analysis of detailed patient data, refining treatment protocols and medical training. The increasing acceptance of digital health solutions and the demand for personalized healthcare experiences further accelerate VR adoption. Moreover, the preference for non-invasive treatments and supportive regulatory frameworks encourage the integration of VR into healthcare. Financial incentives and grants for adopting advanced medical technologies, along with the entry of tech giants into the healthcare sector, drive innovation and competition. Collaborations between technology firms and healthcare providers facilitate VR integration into medical practice, while the decreasing costs of VR technology make it more accessible. Ongoing clinical research and the development of new VR applications for various healthcare needs, combined with a focus on enhancing user experience, continue to expand the scope and impact of VR in medicine.In the realm of pain management, VR has proven highly effective, offering substantial pain relief by immersing patients in digital worlds that distract from pain and anxiety. This method has shown to reduce pain by 24% or more, benefiting patients in labor, those with acute and chronic pain, and even children with injuries. VR has demonstrated particular efficacy in managing pain for burn patients, significantly reducing their discomfort as supported by MRI scans showing decreased pain-related brain activity. Furthermore, VR is making significant strides in physical rehabilitation by offering motion-enabled games and programs that replicate precise physical movements, encouraging patient engagement and compliance with rehabilitation exercises. These programs can be tailored to individual patient needs, helping improve motor functions in conditions like cerebral palsy and offering practical rehabilitation by simulating real-life skills. Additionally, VR is enhancing cognitive functions in seniors and aiding in the treatment of conditions such as multiple sclerosis (MS) and post-stroke spatial deficits through increased sensory input and multisensory integration.
Virtual reality (VR) in healthcare is revolutionizing patient treatment and medical practices, providing significant enhancements in surgical precision, training, and patient outcomes. Advanced VR tools are increasingly used in complex surgeries such as neurosurgery and thoracic surgery, allowing surgeons to virtually explore a patient's anatomy prior to procedures, thus improving accuracy and situational awareness. This technology also aids in patient and family education about surgical processes. Moreover, VR training has demonstrated a substantial improvement in surgical performance, outperforming traditional training methods by up to 230%. The use of VR in training orthopedic surgery residents is gaining traction due to its ability to offer extensive practice opportunities without the limitations and costs associated with cadaver-based training. VR simulations are also being employed to help healthcare providers understand patient experiences, such as those suffering from dementia, Parkinson's disease, or migraines, thereby enhancing empathy and understanding.
Report Scope
The report analyzes the Virtual Reality (VR) In Healthcare market, presented in terms of market value (USD). The analysis covers the key segments and geographic regions outlined below.Segments
Offering (Hardware, Software, Services); Application (Visualization, Medical Training / Teaching, Pain Management, Disability & Rehabilitation, Computer Assisted Surgery, Mental Health & PTSD, Other Applications); End-Use (Hospitals, Clinics, & Surgery Centers, Diagnostic Laboratories, Healthcare Institutes, Other End-Uses).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.Key Insights:
- Market Growth: Understand the significant growth trajectory of the VR Hardware segment, which is expected to reach US$8 Billion by 2030 with a CAGR of a 34.2%. The VR Software segment is also set to grow at 26% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $807.7 Million in 2024, and China, forecasted to grow at an impressive 29.1% CAGR to reach $1.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Virtual Reality (VR) In Healthcare Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Virtual Reality (VR) In Healthcare Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Virtual Reality (VR) In Healthcare Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as 5DT (Fifth Dimension Technologies), CAE Healthcare, EON Reality, Firsthand Technology, GE Healthcare and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 38 companies featured in this Virtual Reality (VR) In Healthcare market report include:
- 5DT (Fifth Dimension Technologies)
- CAE Healthcare
- EON Reality
- Firsthand Technology
- GE Healthcare
- Intuitive Surgical, Inc.
- Medtronic, Inc.
- Mimic Technologies Inc.
- Philips Healthcare
- Siemens Healthineers
- Surgical Science Sweden AB
- Virtually Better, Inc.
- Vital Images, Inc.
- Vuzix Corporation
- WorldViz
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 5DT (Fifth Dimension Technologies)
- CAE Healthcare
- EON Reality
- Firsthand Technology
- GE Healthcare
- Intuitive Surgical, Inc.
- Medtronic, Inc.
- Mimic Technologies Inc.
- Philips Healthcare
- Siemens Healthineers
- Surgical Science Sweden AB
- Virtually Better, Inc.
- Vital Images, Inc.
- Vuzix Corporation
- WorldViz
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 191 |
| Published | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 2.7 Billion |
| Forecasted Market Value ( USD | $ 13.4 Billion |
| Compound Annual Growth Rate | 30.8% |
| Regions Covered | Global |
