Press release
Healthcare Metaverse Market Top Companies Study Intuitive Surgical Inc., CableLabs, Microsoft, Google LLC, Meta Platforms, Inc., 8chilli.
Metaverse in Healthcare Market
According to the latest research by InsightAce Analytic, the global metaverse in healthcare market is valued at US$ 8.7 billion in 2024, and it is expected to reach 205.0 billion by the year 2034, with a CAGR of 37.8% during the forecast period of 2025-2034.
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The Metaverse represents an emerging paradigm poised to revolutionize healthcare by integrating various advanced technologies, including Artificial Intelligence (AI), Virtual Reality (VR), Augmented Reality (AR), the Internet of Medical Devices, Web 3.0, intelligent cloud solutions, edge and quantum computing, and robotics. This convergence is expected to enhance patient and provider experiences by facilitating immersive, interactive, and personalized care environments. AR and VR technologies are already being utilized in surgical training and are increasingly applied to complex surgical procedures, improving precision and flexibility in medical interventions.
The growing adoption of AR platforms for advanced surgical procedures, along with rising collaborations among leading technology firms to develop innovative AR and VR solutions, is anticipated to drive growth within the healthcare segment of the Metaverse. Additionally, increased investment in digital health platforms is accelerating the evolution of telemedicine and enhancing the delivery of medical services through immersive technologies.
Despite its significant potential, the Metaverse in healthcare faces challenges such as data privacy concerns, the high cost of advanced devices and equipment, and the substantial investment required to establish a robust digital healthcare infrastructure.
North America is expected to dominate the market during the forecast period, supported by a strong ecosystem of metaverse-centric companies, rapid advancements in healthcare technology, growing adoption of AR and VR platforms, and continuous upgrades in related hardware and software solutions.
Prominent market players are Intuitive Surgical Inc., CableLabs, Microsoft, Google LLC, Meta Platforms, Inc., 8chilli, Inc., Global Healthcare Academy, 3D Systems Corp., AccuVein Inc., BioflightVR, CAE Inc., Devden Creative Solutions Pvt. Ltd., Dhi Tattva Solutions Pvt. Ltd., Eon Reality Inc., ImmersiveTouch Inc., Intuitive Surgical Inc., Koninklijke Philips NV, Medical Realities Ltd., MindMaze SA, Oodles Technologies, Siemens AG, Sky gate, UnitedHealth Group Inc., Wipro Ltd., WorldViz Inc.
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Key Developments in the market
• In Nov 2022, Meta Platforms, Inc. introduced its most recent virtual-reality headset. Meta's, Meta Quest Pro introduces a new way for people to work, create, and collaborate. The technology enables simulationists to employ the virtual world with groundbreaking high-resolution mixed reality while preserving their presence in the physical space in high-definition colour. Several healthcare simulation firms have declared that they will use Meta Quest Pro technology to enhance their own product experiences in response to its release
• In Oct 2022, Microsoft and Meta have partnered to bring Teams, Microsoft 365, and other applications to Meta Quest devices. Under a new cooperation unveiled at Meta Connect 2022, Microsoft is bringing some of its time-tested products to Meta's Oculus' Quest virtual-reality headsets.
• In Oct 2022, Microsoft and Meta have partnered to bring Teams, Microsoft 365, and other applications to Meta Quest devices. Under a new cooperation unveiled at Meta Connect 2022, Microsoft is bringing some of its time-tested products to Meta's Oculus' Quest virtual-reality headsets.
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Market Segments
Global Metaverse in Healthcare Market, by Technology, 2022-2030 (Value US$ Mn)
• AR
• VR
• AI
• MR
Global Metaverse in Healthcare Market by End-User, 2022-2030 (Value US$ Mn)
• Medical Training & Education Modules
• Diagnosis
• Treatment
• Designing ORs
• Surgical Training
• Remote Monitoring
• Others
Global Metaverse in Healthcare Market by Device, 2022-2030 (Value US$ Mn)
• VR Headsets
• AR Devices
• Mixed Reality Platforms
Global Metaverse in Healthcare Market, by Component, 2022-2030 (Value US$ Mn)
• Software
• Hardware
Global Metaverse in Healthcare Market by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Metaverse in Healthcare Market by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Metaverse in Healthcare Market by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Metaverse in Healthcare Market by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Metaverse in Healthcare Market by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
The Middle East & Africa Metaverse in Healthcare Market by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of the Middle East & Africa
Read Overview Report- https://www.insightaceanalytic.com/report/global-metaverse-in-healthcare-market-/1226
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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