Global Healthcare Augmented Reality & Virtual Reality Market Analysis 2020-2030
The global healthcare augmented reality & virtual reality market is anticipated to grow with a CAGR of 35.0% over the forecast period, i.e., 2021 - 2030. Factors such as the rise in adoption of advanced technologies in the healthcare sector, along with the growing advancement in the field of healthcare, are expected to drive the market growth. Moreover, factors such as the numerous benefits associated with the use of augmented reality in healthcare and virtual reality in healthcare, followed by the rising concern for the prevalence of chronic diseases, and the growing need to diagnose these diseases with the help of advanced technologies, are some also predicted to boost the market growth during the forecast period. The global healthcare augmented reality & virtual reality market is estimated to garner a revenue of more than USD 39080 Million by the end of 2030. Additionally, the market registered a revenue of about USD 1050 Million in the year 2020.
The global healthcare augmented reality & virtual reality market is segmented by numerous segments, which include segmentation by technology, offering, device type, end-user, application, and by region. By offering, the market is segmented into hardware, software, and services. Amongst these, the software segment is anticipated to garner the largest revenue of over USD 20360 Million by the end of 2030, up from around USD 1050 Million in the year 2020.
The global healthcare augmented reality & virtual reality market is segmented on the basis of region into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in North America, amongst the market in all the other regions, is anticipated to garner the largest revenue of about USD 16000 Million by the end of 2030, up from a revenue of close to USD 870 Million in the year 2020.
Some of the prominent industry leaders in the global healthcare augmented reality & virtual reality market that are included in our report are Medical Realities Ltd., Osso VR, Inc., Orca Health, Inc., Psico Smart Apps, S.L., Surgical Theater, Inc., Vuzix Corp., CAE Inc., EchoPixel, Inc., Firsthand Technology Inc., MindMaze, Inc., Google LLC, Augmedics, Koninklijke Philips N.V., Microsoft Corp., Atheer, Inc., and others.
Table of Contents
1. Market Definition and Research Methodology
3. Market Dynamics
10. Competitive Landscape
11. Global Healthcare Augmented Reality & Virtual Reality Market
12. North America Healthcare Augmented Reality & Virtual Reality Market
13. Europe Healthcare Augmented Reality & Virtual Reality Market
14. Asia Pacific Healthcare Augmented Reality & Virtual Reality Market
15. Latin America Healthcare Augmented Reality & Virtual Reality Market
16. Middle East & Africa Healthcare Augmented Reality & Virtual Reality Market
Companies Mentioned
- Medical Realities Ltd.
- Osso VR Inc.
- Orca Health Inc.
- Psico Smart Apps
- S.L.
- Surgical Theater Inc.
- Vuzix Corp.
- CAE Inc.
- EchoPixel Inc.
- Firsthand Technology Inc.
- MindMaze Inc.
- Google LLC
- Augmedics
- Koninklijke Philips N.V.
- Microsoft Corp.
- Atheer Inc.,