New Report: Global Healthcare AR-VR Market 2019 Competitive Intelligence & Company Profiles Report

The global healthcare AR-VR market was valued at US$ 933.1 Mn in 2018 and is expected to reach US$ 3,192.2 Mn by the end of the forecast period, growing at a CAGR of 36.2% during the period from 2018 to 2023.

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Some of the major players operating in the market are Google, Microsoft, Daqri, Psious, Mindmaze, Firsthand Technology, Atheer, Medical Realities, Augmedi, Oculus VR, Echopixel, Osso VR, Surgical Theatre, Orca Health, Widerun, Samsung Electronics, and Osterhout Design Group, among others. Market growth is attributed to strategic mergers & acquisitions, geographical expansion, joint ventures & partnerships, and new product development and innovations, which are some of the major strategies adopted by different leading players in order to ensure long-term sustenance in the market.

Companies such as MindMaz partnered with Dacuda in 2016 to launch MMI, the world’s first multisensory computing platform for mobile-based social and virtual immersive application. The company focuses on empowering the adoption of VR into the hands of the health care user, in order to make it convenient and affordable for everyone. In 2017, the company also launched Mind Maze Pro virtual reality that provides virtual reality treatment for the stroke recovery patients. The technology is specifically designed to help stroke patients and also the patients suffering from traumatic brain injuries. The company profiles will include key information about companies including company description, base of operations, operational presence, product/business portfolio, employee strength, list of key stakeholders and board of directors, organizational structure, key competitors and their details, financial information such as revenue growth, profit margin, market capitalization, market positioning of key players, share price comparison, SWOT analysis, key developments, business strategies, and analysts’ views. Information for individual companies has been derived through financial reports, paid databases, and company news articles, among others.

Market growth is attributed to strategic mergers & acquisitions, geographical expansion, joint ventures & partnerships, new product development and innovations, which are some of the major strategies adopted by different leading players in order to ensure long-term sustenance in the market.

Companies such as MindMaz partnered with Dacuda in 2016 to launch MMI, the world’s first multisensory computing platform for mobile-based social and virtual immersive application. The company focuses on empowering the adoption of VR into the hands of the health care user in order to make it convenient and affordable for everyone. In 2017, the company also launched Mind Maze Pro virtual reality that provides virtual reality treatment for the stroke recovery patients. The technology is specifically designed to help stroke patients and also the patients suffering from traumatic brain injuries.

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Recent Developments in the Market:
Oculus VR: In Oct 2018, two companies Oculus and VRHealth have teamed up to bring virtual reality into patient care The strategic joint venture are meant to help patients to experience less pain during chemotherapy and also alleviate their anxiety, thus boosting the overall market growth

Ocra Health: In Sep 2018, Orca Health’s launched a new app, adding to their already robust family of healthcare applications. The app is a monumental improvement on their current Decide applications and it now includes augmented reality capabilities. The app features diagnoses and offers treatment, as well as dynamic exercises and stretches that can be used for pre- or post-op physical therapy.

• Who are the key competitors of companies with respect to their products, revenue, geographic presence, and market positioning?
• How does a particular company rank against its competitors with respect to revenue, profit comparison, and market capitalization?
• What are the Strengths, Weaknesses, Opportunities, and Challenges for key companies in the market?
• How financially strong are the key players in the market (revenue and profit margin, market capitalization, expenditure analysis, investment analysis)?
• What are the strategies of growth adopted by the key companies in the market?
• Who are the key market players and their key competitors?
• Who are the key market players at different stages of the value chain?
• Market positioning of key players with respect to the business strength and product portfolio?
• What are the strategies for growth adopted by the key players in the market?
• What are the recent trends in the market? (M&A, partnerships, new product developments, expansions)
• How do the key players fair against competition with respect to cost competitiveness and operational efficiency?

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Related Reports on Healthcare AR-VR Market:

Global Healthcare AR-VR Market Full Report
Global Healthcare AR-VR Market Summary Report
Global Healthcare AR-VR Market Segmentation Report
Global Healthcare AR-VR Market Regional Report
Global Healthcare AR-VR Market Statbook

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