Why VR/AR Technology for Healthcare Market Is Gaining Global Momentum By 2031?

The Global VR/AR Technology for Healthcare Market reached US$ 3.75 billion in 2023 and is expected to reach US$ 12.14 billion by 2031 growing with a CAGR of 15.8% during the forecast period 2024-2031.

VR/AR Technology for Healthcare Market, as detailed in the DataM Intelligence report, presents a strategic overview of the industry backed by in-depth data and market trends. The study highlights the performance and positioning of major players, focusing on their offerings, pricing models, financial outcomes, and growth strategies. It serves as a concise yet insightful reference for understanding the current landscape and future direction of the market.

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Market Overview:

Virtual Reality (VR) and Augmented Reality (AR) in healthcare refer to immersive technologies used to enhance medical training, patient treatment, surgical planning, and diagnostics. These tools enable realistic simulations, 3D visualization of anatomy, and interactive experiences, improving both clinical outcomes and patient engagement.

List of the Key Players in the VR/AR Technology for Healthcare Market:

F. Hoffmann-La Roche Ltd, CAE Inc., EON Reality, Inc., InfiVR Solutions, Vection Technologies, Siemens Healthcare S.A.E., Fundamental Surgery, Koninklijke Philips N.V., Novac Technology Solutions, and Softeq Development Corp. among others.

VR/AR Technology for Healthcare Market Development:

In March 2024, Siemens Healthineers introduced an innovative app for Apple Vision Pro, enabling surgeons, medical students, and patients to engage with immersive, interactive holograms of the human body-crafted from real medical scans-within their physical environments. Known as Cinematic Reality, the app is designed to support surgical planning, enrich medical education, and help patients better understand upcoming procedures. It is currently available for download on the Apple App Store.

In October 2023, Surgical Theater, in partnership with Stanford Medicine, celebrated a major breakthrough with the first spine surgery performed using their augmented reality technology. The procedure utilized the Surgical Theater SyncAR Spine system, which incorporates Microsoft HoloLens headsets to elevate the surgical visualization and planning process.

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Segment Covered in the VR/AR Technology for Healthcare Market:

By Component: Hardware, Software, Services

By Technology: Augmented Reality, Virtual Reality

By Application: Surgical Applications, Simulation & Diagnostics, Wound Care Management, Physical Therapy & Rehabilitation, Training & Medical Education, Virtual Reality Exposure Therapy (VRET), Others

By End-User: Hospitals & Specialty Clinics, Surgical Diagnostic Centers, Others

Regional Analysis for VR/AR Technology for Healthcare Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Frequently asked questions:

➠ What are the global sales, production, consumption, import, and export figures for the VR/AR Technology for Healthcare market?

➠ Who are the key global manufacturers, and how are they performing operationally?

➠ What opportunities and risks do vendors face in the VR/AR Technology for Healthcare market?

➠ Which product types or end-users show the most growth potential, and what are their market shares?

➠ What factors are driving or limiting growth in the VR/AR Technology for Healthcare market?

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