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Market Insight : Virtual Reality Market in Healthcare Sector Grow at a CAGR of 19.37% by 2019

02-21-2017 01:40 PM CET | IT, New Media & Software

Press release from: Virtual Reality

Albany, NY, 21st FEB : Virtual reality is a technology that allows a user to interact with a three-dimensional, computer-simulated environment. The main type of equipment used in virtual reality are visual devices, using either a computer screen or special stereoscopic displays; however, there are devices such as head-mounted display that provide sound for a wholesome experience. It is used in a wide variety of applications ranging from healthcare, gaming devices, public entertainment, prototype creation to military exercises.

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A virtual reality system can be classified into the following:
Non-immersive virtual reality system
Semi-immersive virtual reality system
Immersive virtual reality system

Technavio's analysts forecast the global virtual reality market in healthcare to grow at a CAGR of 19.37% over the period 2014-2019.

Covered in this report
Technavio's report, Global Virtual Reality Market in Healthcare 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global virtual reality market in healthcare and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions
Americas
APAC
EMEA

Key vendors
DeepStream VR
EON Reality
Virtalis
VirtaMed
Vuzix
WorldViz

Other prominent vendors
ALife Studios
Hologic
Laster Technologies
Mimic Technologies
Viscira

Key market driver
Shortage of healthcare professionals

Key market challenge
Hardware and software issues

Key market trend
Mergers and acquisitions

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Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be
What are the key market trends
What is driving this market
What are the challenges to market growth
Who are the key vendors in this market space
What are the market opportunities and threats faced by the key vendors
What are the strengths and weaknesses of the key vendors

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