Press release
Metaverse in Healthcare Market Revenue to Cross USD 219 billion by 2035 | Roots Analysis
According to our latest market report "Metaverse in Healthcare Market by Component, Type of Technology, Applications, End Users and Geographical Regions: Industry Trends and Global Forecasts, 2025-2035", the global metaverse in healthcare market size is projected to reach USD 219.1 billion by 2035 from USD 14.6 billion in 2025, growing at a CAGR of 31.1% in the forecast period 2025-2035.Metaverse is a virtual ecosystem that is extensively used in the healthcare system via the integration of various technologies, such as virtual reality, artificial intelligence, extended reality and blockchain technology. This digital platform supports healthcare professionals for the designing of different approaches in order to solve perennial problems in healthcare services and systems. These technologies provide a wide range of applications in the healthcare domain pertaining to diagnosis, treatment, medical education and telehealth. Notably, metaverse software is installed in the devices and systems in order to perform telesurgery and conduct treatments seamlessly through a virtual environment. Recent advancements in this domain have shown that the metaverse brings futuristic vision closer to reality, through presence of numerous use cases in the healthcare industry.
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Metaverse in Healthcare Market Segments
Based on the Component, the market is segmented into software, hardware and services
1. The software segment is likely to capture the largest revenue share of 45% in the metaverse in healthcare market, in the current year.
2. The services segment is expected to show an annual growth rate of 32.4%, during the forecast period.
Based on the Type of Technology, the market is segmented into augmented reality / virtual reality, artificial intelligence, blockchain technology, mixed reality and other technologies
1. The augmented reality / virtual reality segment is likely to capture the largest revenue share of close to 60% in the metaverse in healthcare market, in the current year.
2. The blockchain technology segment is expected to show an annual growth rate of 33.6%, during the forecast period.
Based on the Applications, the market is segmented into medical training and education, telehealth, drug discovery and personalized medicine, diagnosis and other applications
1. The medical training and education segment is likely to capture the largest revenue share of 50% in the metaverse in healthcare market, in the current year.
2. The telehealth segment is expected to show an annual growth rate of 33.2% during the forecast period.
Based on the End Users, the market is segmented into MedTech companies, healthcare providers, biopharmaceutical, biotechnology and pharmaceutical companies, payers, and patients
1. The healthcare providers segment is likely to capture the largest revenue share close to 40% in the metaverse in healthcare market, in the current year.
2. The patients segment is expected to show an annual growth rate of 33.6%, during the forecast period.
Based on the Regional Insights, the market is segmented into North America, Europe, Asia Pacific, Middle East and North Africa, and Latin America
1. North America dominated the metaverse in healthcare market and accounted for the largest revenue share (45%) in the current year.
2. In Asia-Pacific, the metaverse in healthcare market is anticipated to demonstrate lucrative growth during the forecast period.
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Metaverse in Healthcare Market Regional Outlook
Based on the geographical regions, the metaverse in healthcare market can be segmented into five major regions, including North America, Europe, Asia-Pacific, Middle East and North Africa, and Latin America. North America is anticipated to capture the majority share of the metaverse in healthcare market in the current year and this trend is likely to remain unchanged during the forecast period. This is driven by the presence of major market players, along with high healthcare expenditure, and a robust regulatory framework in this region.
Key Report Takeaways
1. Several key metaverse companies (established as well as start ups) in the healthcare domain offer various components, based on multiple types of advanced technologies
2. Majority of the key companies integrate artificial intelligence; of these, close to 45% companies offer components based on mixed reality, in order to support the healthcare providers for diagnosis, medical training and education
3. In order to build a competitive advantage, companies are continuously upgrading their capabilities for the advancement of their metaverse offerings
4. Presently, more than 50 players claim to provide blockchain platform solutions across a wide range of drug development applications
5. The current market landscape features stakeholders offering blockchain technology to industries for various drug development applications; majority of these technology platforms are being used for clinical trial management
6. Driven by the increasing digital health services and need for extensive medical training, the metaverse in healthcare market is anticipated to witness a steady growth in the foreseen future
7. Owing to the surplus usage of metaverse to improve medical outcomes and support patient experience, the market is anticipated to grow at an annualized rate of 31.1% in the coming decade.
Browse Full Report Description + Research Methodology + Table of Content + Infographics here:
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Metaverse in Healthcare Market Key Players
Examples of key companies engaged in metaverse in healthcare market (which have also been profiled in this market report; the complete list of companies is available in the full report) include AccuVein, Aimedis, Brainlab, CMR Surgical, Elevate Healthcare, Eon Reality, GE Healthcare, Google, ImmersiveTouch, Innoplexus, Intuitive Surgical, Medtronic, Microsoft, MindMaze, NVIDIA, Oodles Technologies, Philips, Siemens Healthineers, Wipro, XRHealth.
Contact Details
Gaurav Chaudhary
+1 (415) 800 3415
+44 (122) 391 1091
Email: Gaurav.chaudhary@rootsanalysis.com or sales@rootsanalysis.com
About Roots Analysis
Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights. All reports provided by us are structured in a way that enables the reader to develop a thorough perspective on the given subject. Apart from writing reports on identified areas, we provide bespoke research / consulting services dedicated to serve our clients in the best possible way.
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