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Emerging Trends Influencing The Growth Of The Augmented Reality In Health Care Market: Innovative Solutions Enhance Precision And Integration In Augmented Reality In Healthcare Market
The Augmented Reality In Health Care Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Augmented Reality In Health Care Market Size Expected to Be by 2034?
The market size for augmented reality in health care has seen exceptional growth over the past few years. The market is expected to expand from $3.05 billion in 2024, reaching an estimated value of $3.95 billion in 2025 with a compound annual growth rate of 29.4%. Contributions to this growth during this historic period include improvements in surgical procedures, advancements in medical training and education, patient care and treatment planning, remote assistance, telemedicine, and enhancements in diagnostic imaging.
The market size of augmented reality in health care is predicted to experience substantial expansion in the coming years, growing to an impressive $12.89 billion by 2029, with a compound annual growth rate (CAGR) of 34.4%. This projected rise in the forecasted period is primarily due to its high adoption rate in rehabilitation, increasing application in mental health treatment, and significant contribution to patient engagement and adherence. Noteworthy trends during the forecast period include area-based diagnostic imaging, advancements in pharmaceutical R&D, utilization of AR wearables for health monitoring, strengthened mental health support, and successful integration with electronic health records (EHR).
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What Are the Emerging Segments Within the Augmented Reality In Health Care Market?
The augmented reality in health care market covered in this report is segmented -
1) By Product: Hardware, Software
2) By Technology: Wearable, Vision-Based, Spatial, Mobile Device-Based
3) By Device Type: Head-Mounted Displays, Handheld Devices, Other Device Types
4) By End-User: Hospitals And Clinics, Research Laboratories, Other End Users
Subsegments:
1) By Hardware: AR Headsets, Smart Glasses, Wearable AR Devices, Mobile Devices, Sensors and Cameras
2) By Software: AR Applications, Simulation Software, Remote Assistance Software, Patient Engagement Software, Data Management Software
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What Long-Term Drivers Are Shaping Augmented Reality In Health Care Market Trends?
The expected rise in the elderly population is predicted to fuel the growth of augmented reality in the healthcare sector in the coming years. A substantial increase is anticipated in the worldwide elderly population, a trend that is projected to persist throughout the forecast period. This older demographic is susceptible to numerous health conditions that often necessitate surgical procedures. The application of augmented reality in surgical procedures enables surgeons to juxtapose a patient's anatomical structure with their MRI and CT scan data. For instance, the Physical Review B (PRB) Journal anticipates that by 2060, Americans aged 65 and above will have almost quadrupled to 95 million, making up 23% of the overall population. Consequently, the upsurge in the geriatric population is driving the growth of the augmented reality market in the healthcare industry.
Who Are the Top Competitors in Key Augmented Reality In Health Care Market Segments?
Major companies operating in the augmented reality in health care market include Google LLC, Microsoft Corporation Inc., Sony Corporation, Siemens Healthineers, Koninklijke Philips N.V., 3D Systems Corporation, Magic Leap Inc., Augmedics Ltd., Augmedix Inc., AccuVein Inc., VirtaMed AG, BioDigital Inc., Vuzix Corporation, Karuna Labs Inc., AppliedVR Technology, Osterhout Design Group Inc., Atheer Inc., EchoPixel Inc., Medsight Solutions LLC, FundamentalVR Ltd., Augmented Intelligence Inc., seeCOLe LLC, Nanome Inc., Brain Power Inc., OxfordVR Ltd., Health Scholars Inc., MediView XR Inc., ARToolworks Inc., CAE Healthcare Inc.
What Augmented Reality In Health Care Market Trends Are Gaining Traction Across Different Segments?
The introduction of new products is playing a crucial role in the development of AR technology in the healthcare industry. Many leading businesses in the sector are prioritizing AR innovation in healthcare to enhance the precision of treatments. For example, in July 2022, Enovis, a medical technology firm based in the Netherlands, introduced ARVIS, an Augmented Reality Visualization and Information System, which has already been used successfully in over 200 cases in the USA. As the only FDA-approved, hands-free AR technology specifically designed for orthopedic surgeons, ARVIS provides accurate, real-time direction during hip and knee operations, enabling surgeons to visualize and perform surgeries with supplementary assistance. ARVIS' objective is to provide surgeons with comprehensive information, increased assurance, and a more integrated surgical experience without necessitating cumbersome or extraneous equipment.
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Which Regions Are Becoming Hubs for Augmented Reality In Health Care Market Innovation?
North America was the largest region in the augmented reality in health care market in 2024. The regions covered in the augmented reality in health care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Augmented Reality In Health Care Market?
2. What is the CAGR expected in the Augmented Reality In Health Care Market?
3. What Are the Key Innovations Transforming the Augmented Reality In Health Care Industry?
4. Which Region Is Leading the Augmented Reality In Health Care Market?
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