What's driving the Virtual Reality in Healthcare Market Growth? Top Players: Google, Samsung, Atheer, Inc., InTouch Technologies, Inc., Augmedix, Inc., Firsthand Technology Inc., Microsoft, Medical Realities Ltd, Mindmaze, Pious, Facebook Technologies, LL
The global virtual reality in the healthcare market size stood at USD 1.56 Billion in 2018 is expected to reach USD 30.40 Billion by 2026, exhibiting a CAGR of 42.4%.
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The virtual reality in the healthcare market, by application, is segmented into pain management, education and training, surgery, patient care management, rehabilitation and therapy procedures and post-traumatic stress disorder (PTSD). The pain management segment is expected to witness high demand owing to the effectiveness of VR in pain management. Virtual reality helps the patients to soothe the pain to some extent, especially during skin grafting, open surgeries and bandaging a burn. Furthermore, the education segment will hold signifant share owing to the VR technology, which offers an immersive experience.
The Prominent Companies Operating In The Global Virtual Reality In The Healthcare Market Are:
InTouch Technologies, Inc.
Firsthand Technology Inc.
Medical Realities Ltd
Facebook Technologies, LLC.
Surgical Theater, Inc.
Osso VR, Inc.
Orca Health, Inc.
3D Systems, Inc.
Launch Of Amazon Care Will Augur Healthy Growth
The launch of amazon care, a virtual primary care clinic is expected to create lucrative growth opportunities owing to its virtual and in-person care. For instance, Amazon launched Amazon Care, a virtual primary care clinic. This primary care clinic offers an option for nurses to visit employees in the home. It provides both virtual and in-person care. Furthermore, the advancements in medical training simulators by 3D systems is expected to promote the growth of the market. For instance, 3D Systems announced advancements to its line medical training simulators by utilizing enhanced virtual reality environments. These functionalities allow users to practice surgical methods within a virtual operation theatre for a realistic and immersive training session to enable adequate surgical preparation and learning.
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Market Segmentation -
1. By Component
2. By Application
Education and Training
Patient Care Management
Rehabilitation and Therapy Procedures
Post-Traumatic Stress Disorder (PTSD)
3. By Region
North America (U.S. and Canada)
Europe (U.K., Germany, France, Italy, Spain, and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
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Table of Content -
5.Global Virtual Reality in Healthcare Market Analysis, Insights and Forecast, 2015-2026
5.1.Key Findings / Summary
5.2.Market Size Estimates and Forecasts
5.2.1.By Component (Value)
5.2.2.By Application (Value)
126.96.36.199.Education and Training
188.8.131.52.Patient Care Management
184.108.40.206.Rehabilitation and Therapy Procedures
220.127.116.11.Post-Traumatic Stress Disorder (PTSD)
5.2.3.By Geography (Value)
18.104.22.168.Middle East and Africa
6.North America Virtual Reality in Healthcare Market Analysis, Insights and Forecast, 2015-2026
6.1.Key Findings / Summary
6.2.Market Size Estimates and Forecasts
6.2.1.By Component (Value)
6.2.2.By Application (Value)
22.214.171.124.Education and Training
126.96.36.199.Patient Care Management
188.8.131.52.Rehabilitation and Therapy Procedures
184.108.40.206.Post-Traumatic Stress Disorder (PTSD)
6.2.3.By Country (Value)
7.Europe Virtual Reality in Healthcare Market Analysis, Insights and Forecast, 2015-2026
7.1.Key Findings / Summary
7.2.Market Size Estimates and Forecasts
7.2.1.By Component (Value)
7.2.2.By Application (Value)
220.127.116.11.Education and Training
18.104.22.168.Patient Care Management
22.214.171.124.Rehabilitation and Therapy Procedures
126.96.36.199.Post-Traumatic Stress Disorder (PTSD)
7.2.3.By Country (Value)
188.8.131.52.Rest of Europe
8.Asia Pacific Virtual Reality in Healthcare Market Analysis, Insights and Forecast, 2015-2026
8.1.Key Findings / Summary
8.2.Market Size Estimates and Forecasts
8.2.1.By Component (Value)
8.2.2.By Application (Value)
184.108.40.206.Education and Training
220.127.116.11.Patient Care Management
18.104.22.168.Rehabilitation and Therapy Procedures
22.214.171.124.Post-Traumatic Stress Disorder (PTSD)
8.2.3.By Country (Value)
126.96.36.199.South East Asia
188.8.131.52.Rest of APAC
9.Middle East and Africa Virtual Reality in Healthcare Market Analysis, Insights and Forecast, 2015-2026
9.1.Key Findings / Summary
9.2.Market Size Estimates and Forecasts
9.2.1.By Component (Value)
9.2.2.By Application (Value)
184.108.40.206.Education and Training
220.127.116.11.Patient Care Management
18.104.22.168.Rehabilitation and Therapy Procedures
22.214.171.124.Post-Traumatic Stress Disorder (PTSD)
9.2.3.By Country (Value)
126.96.36.199.Rest of Middle East & Africa
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