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North America Augmented Reality And Virtual Reality In Healthcare Market Size, Share & Trends Analysis Report By Technology Type, By Component (Hardware, Software, and Services), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 132 Pages
  • March 2025
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6058209
The North America Augmented Reality And Virtual Reality In Healthcare Market is expected to witness market growth of 17.6% CAGR during the forecast period (2024-2031).

The US market dominated the North America Augmented Reality And Virtual Reality In Healthcare Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $3.78 billion by 2031. The Canada market is experiencing a CAGR of 18.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 19.6% during 2024-2031.



Augmented reality (AR) and virtual reality (VR) in healthcare refer to innovative digital technologies transforming how medical professionals diagnose, treat, and educate patients. AR overlays computer-generated images, data, and graphics onto the real-world view, enhancing a clinician’s ability to visualize and interact with a patient’s anatomy during examinations or surgical procedures.

Virtual reality (VR), on the other hand, creates entirely immersive digital environments that can simulate real-world scenarios. VR is widely used in healthcare for medical training, patient education, and therapeutic interventions. Medical students can practice surgeries and other procedures in a virtual setting, allowing them to gain valuable experience without any risk to actual patients.

The region’s healthcare landscape is characterized by a strong collaboration between public agencies, private enterprises, and academic institutions, all working together to refine and expand immersive technologies. Initiatives such as cross-border research collaborations and joint funding programs have fostered an environment ripe for innovation, enabling the seamless integration of AR/VR into clinical practice, medical education, and patient engagement. Canada’s healthcare system is witnessing a robust surge in the adoption of wearables and mobile AR/VR applications, spurred by government programs like Canada Health Infoway and the nation’s Digital Health Strategy. The federal budget 2021 allocated over $300 million to enhance virtual healthcare services, further reinforcing the AR/VR solutions shift. In Mexico, the burgeoning field of AR/VR is being leveraged to enhance the already thriving medical tourism sector. Recognizing the potential for technology to improve patient engagement and procedural transparency, government initiatives such as the National Strategy for Medical Tourism and support from the Ministry of Health have catalyzed the development of virtual facility tours and remote pre-surgical consultations. As a result, North America is rapidly emerging as a leader in digital health transformation, supporting market expansion.

List of Key Companies Profiled

  • CAE Inc.
  • Siemens Healthineers AG (Siemens AG)
  • Meta Platforms, Inc.
  • Hologic, Inc.
  • EON Reality, Inc.
  • GE HealthCare Technologies, Inc.
  • WorldViz, Inc.
  • Microsoft Corporation
  • Intuitive Surgical, Inc.
  • Laerdal Medical Limited

Market Report Segmentation

By Technology Type

  • Augmented Reality
    • Surgical Applications
    • Training & Continuing Medical Education
    • Rehabilitation

  • Virtual Reality
    • Simulation & Training
    • Rehabilitation
    • Virtual Reality Exposure Therapy (VRET)
    • Pain Distraction
    • Diagnostics

By Component

  • Hardware
  • Software
  • Services

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Augmented Reality And Virtual Reality In Healthcare Market, by Technology Type
1.4.2 North America Augmented Reality And Virtual Reality In Healthcare Market, by Component
1.4.3 North America Augmented Reality And Virtual Reality In Healthcare Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 The Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2022, Mar - 2024, Dec) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Augmented Reality And Virtual Reality In Healthcare Market by Technology Type
5.1 North America Augmented Reality Market by Region
5.2 North America Augmented Reality And Virtual Reality In Healthcare Market by Augmented Reality Type
5.2.1 North America Surgical Applications Market by Country
5.2.2 North America Training & Continuing Medical Education Market by Country
5.2.3 North America Rehabilitation Market by Country
5.3 North America Virtual Reality Market by Region
5.4 North America Augmented Reality And Virtual Reality In Healthcare Market by Virtual Reality Type
5.4.1 North America Simulation & Training Market by Country
5.4.2 North America Rehabilitation Market by Country
5.4.3 North America Virtual Reality Exposure Therapy (VRET) Market by Country
5.4.4 North America Pain Distraction Market by Country
5.4.5 North America Diagnostics Market by Country
Chapter 6. North America Augmented Reality And Virtual Reality In Healthcare Market by Component
6.1 North America Hardware Market by Country
6.2 North America Software Market by Country
6.3 North America Services Market by Country
Chapter 7. North America Augmented Reality And Virtual Reality In Healthcare Market by Country
7.1 US Augmented Reality And Virtual Reality In Healthcare Market
7.1.1 US Augmented Reality And Virtual Reality In Healthcare Market by Technology Type
7.1.1.1 US Augmented Reality And Virtual Reality In Healthcare Market by Augmented Reality Type
7.1.1.2 US Augmented Reality And Virtual Reality In Healthcare Market by Virtual Reality Type
7.1.2 US Augmented Reality And Virtual Reality In Healthcare Market by Component
7.2 Canada Augmented Reality And Virtual Reality In Healthcare Market
7.2.1 Canada Augmented Reality And Virtual Reality In Healthcare Market by Technology Type
7.2.1.1 Canada Augmented Reality And Virtual Reality In Healthcare Market by Augmented Reality Type
7.2.1.2 Canada Augmented Reality And Virtual Reality In Healthcare Market by Virtual Reality Type
7.2.2 Canada Augmented Reality And Virtual Reality In Healthcare Market by Component
7.3 Mexico Augmented Reality And Virtual Reality In Healthcare Market
7.3.1 Mexico Augmented Reality And Virtual Reality In Healthcare Market by Technology Type
7.3.1.1 Mexico Augmented Reality And Virtual Reality In Healthcare Market by Augmented Reality Type
7.3.1.2 Mexico Augmented Reality And Virtual Reality In Healthcare Market by Virtual Reality Type
7.3.2 Mexico Augmented Reality And Virtual Reality In Healthcare Market by Component
7.4 Rest of North America Augmented Reality And Virtual Reality In Healthcare Market
7.4.1 Rest of North America Augmented Reality And Virtual Reality In Healthcare Market by Technology Type
7.4.1.1 Rest of North America Augmented Reality And Virtual Reality In Healthcare Market by Augmented Reality Type
7.4.1.2 Rest of North America Augmented Reality And Virtual Reality In Healthcare Market by Virtual Reality Type
7.4.2 Rest of North America Augmented Reality And Virtual Reality In Healthcare Market by Component
Chapter 8. Company Profiles
8.1 CAE Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent Strategies and Developments
8.1.5.1 Product Launches and Product Expansions
8.1.6 SWOT Analysis
8.2 Siemens Healthineers AG (Siemens AG)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent Strategies and Developments
8.2.5.1 Partnerships, Collaborations, and Agreements
8.2.5.2 Product Launches and Product Expansions
8.2.6 SWOT Analysis
8.3 Meta Platforms, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segment and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 Hologic, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent Strategies and Developments
8.4.5.1 Acquisition and Mergers
8.4.6 SWOT Analysis
8.5 EON Reality, Inc.
8.5.1 Company Overview
8.5.2 Recent Strategies and Developments
8.5.2.1 Partnerships, Collaborations, and Agreements
8.5.2.2 Product Launches and Product Expansions
8.6 GE HealthCare Technologies, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent Strategies and Developments
8.6.5.1 Partnerships, Collaborations, and Agreements
8.6.6 SWOT Analysis
8.7 WorldViz, Inc.
8.7.1 Company Overview
8.8 Microsoft Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 Intuitive Surgical, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Research & Development Expense
8.9.5 SWOT Analysis
8.10. Laerdal Medical Limited
8.10.1 Company Overview
8.10.2 Recent Strategies and Developments
8.10.2.1 Partnerships, Collaborations, and Agreements
8.10.2.2 Product Launches and Product Expansions
8.10.3 SWOT Analysis

Companies Mentioned

  • CAE Inc.
  • Siemens Healthineers AG (Siemens AG)
  • Meta Platforms, Inc.
  • Hologic, Inc.
  • EON Reality, Inc.
  • GE HealthCare Technologies, Inc.
  • WorldViz, Inc.
  • Microsoft Corporation
  • Intuitive Surgical, Inc.
  • Laerdal Medical Limited

Methodology

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