The global Virtual Reality (VR) in Healthcare market is one of the fastest-growing markets in the world. The following report contains all the statistics and facts & figures related to the global Virtual Reality (VR) in Healthcare market. Their business strategies, sales data, projections, and a host of other important data have been covered for an in-depth outlook. The report also has PEST analysis, SWOT analysis, risk analysis, and regional analysis. Virtalis Ltd, CAE Healthcare Inc., GE Healthcare, Virtual Realities Ltd, Qualcomm Technologies Inc. and more - all the leading companies operating in the global Virtual Reality (VR) in Healthcare market and their business strategies have been profiled in this research report.
Global Virtual Reality (VR) in Healthcare Market is valued at approximately USD 2.2 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 42.4% over the forecast period 2020-2027. Virtual reality is the concept of computer-generated virtual environment to deliver real-life sensory experience to the user. In recent years, the virtual reality technology has emerged as a major innovation field in the healthcare industry. Since, it will create three-dimensional environment by which individual is able to influence virtual objects and execute a series of tasks. Also, the adoption of VR technologies has been increased in medical education and training institutions as they provide 360-degree video and three-dimensional interactive content to develop the best learning programs for students and physicians. Thus, many healthcare organizations have realized the benefits of virtual reality and started its deployment in their operations, which is resulting in the market growth during the forecast period. Furthermore, the rise in investment of organization in healthcare VR, the rising incidences of neurological disorder, and escalating demand for innovative diagnostic technique are the few factors responsible for the CAGR of the market during the forecast period. For instance, in April 2020, XRHealth has raised the funding of USD 7 million to expand its telehealth virtual reality platform for patients and clinicians. Similarly, in 2016, MindMaze, a Swiss-based start-up, has raised USD 100 million funding from the multinational conglomerate, Hinduja Group, for the advancement of VR software and hardware that aims to offer clinical treatments for stroke patients. Therefore, such investment made by the company are expected to strengthen the utility & adoption for virtual reality in healthcare sector. Although, the recent outbreak of COVID-19 pandemic has been a significant impact on the demand for healthcare VR technology since it can help the patients to process the emotional aspects of traumatic memories and interpret useful resources to well-manage the COVID-19 related stressors. Therefore, this factor is positively influencing the demand for Virtual Reality (VR) in Healthcare in the recent year. However, the high cost of VR technology and dearth of skilled professionals are the major factors limiting the market growth over the forecast period of 2020-2027.
The regional analysis of the global Virtual Reality (VR) in Healthcare market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the early adoption of technologically advanced products associated with VR, along with the presence of a significant number of manufacturers in the region. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in prevalence of neurological & psychological disorders and increasing government initiatives for the adoption of advanced & digital technologies for better health outcome would create lucrative growth prospects for the Virtual Reality (VR) in Healthcare market across the Asia-Pacific region.
Major market player included in this report are:
Virtalis Ltd
CAE Healthcare, Inc.
GE Healthcare
Virtual Realities Ltd
Qualcomm Technologies, Inc.
Vuzix Corporation
Mimic Technologies Inc.
WorldViz, LLC
Brainlab AG
Samsung Healthcare
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
Full Immersive VR
Semi-Immersive VR
Non- Immersive VR
By Component:
Hardware
Software
By Application:
Surgery Simulation
Tele-Surgery
Robotic Surgery
Visualization and Rehabilitation
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Virtual Reality (VR) in Healthcare Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
The market research report paints a clear picture of the global Virtual Reality (VR) in Healthcare market by providing you with qualitative research and quantitative research based on which you can assess the market to make entry into the market, make investments, or make reports & presentations. Get in touch with Market Research Port for the most competitively priced report on the global Virtual Reality (VR) in Healthcare market.
Chapter 1.Executive Summary
1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1.Virtual Reality (VR) in Healthcare Market, by Region, 2018-2027 (USD Billion)
1.2.2.Virtual Reality (VR) in Healthcare Market, by Technology, 2018-2027 (USD Billion)
1.2.3.Virtual Reality (VR) in Healthcare Market, by Component, 2018-2027 (USD Billion)
1.2.4.Virtual Reality (VR) in Healthcare Market, by Application, 2018-2027 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption
Chapter 2.Global Virtual Reality (VR) in Healthcare Market Definition and Scope
2.1.Objective of the Study
2.2.Market Definition & Scope
2.2.1.Scope of the Study
2.2.2.Industry Evolution
2.3.Years Considered for the Study
2.4.Currency Conversion Rates
Chapter 3.Global Virtual Reality (VR) in Healthcare Market Dynamics
3.1.Virtual Reality (VR) in Healthcare Market Impact Analysis (2018-2027)
3.1.1.Market Drivers
3.1.2.Market Challenges
3.1.3.Market Opportunities
Chapter 4.Global Virtual Reality (VR) in Healthcare Market Industry Analysis
4.1.Porter’s 5 Force Model
4.1.1.Bargaining Power of Suppliers
4.1.2.Bargaining Power of Buyers
4.1.3.Threat of New Entrants
4.1.4.Threat of Substitutes
4.1.5.Competitive Rivalry
4.1.6.Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2.PEST Analysis
4.2.1.Political
4.2.2.Economical
4.2.3.Social
4.2.4.Technological
4.3.Investment Adoption Model
4.4.Analyst Recommendation & Conclusion
Chapter 5.Global Virtual Reality (VR) in Healthcare Market, by Technology
5.1.Market Snapshot
5.2.Global Virtual Reality (VR) in Healthcare Market by Technology, Performance - Potential Analysis
5.3.Global Virtual Reality (VR) in Healthcare Market Estimates & Forecasts by Technology 2017-2027 (USD Billion)
5.4.Virtual Reality (VR) in Healthcare Market, Sub Segment Analysis
5.4.1.Full Immersive VR
5.4.2.Semi-Immersive VR
5.4.3.Non- Immersive VR
Chapter 6.Global Virtual Reality (VR) in Healthcare Market, by Component
6.1.Market Snapshot
6.2.Global Virtual Reality (VR) in Healthcare Market by Component, Performance - Potential Analysis
6.3.Global Virtual Reality (VR) in Healthcare Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
6.4.Virtual Reality (VR) in Healthcare Market, Sub Segment Analysis
6.4.1.Hardware
6.4.2.Software
Chapter 7.Global Virtual Reality (VR) in Healthcare Market, by Application
7.1.Market Snapshot
7.2.Global Virtual Reality (VR) in Healthcare Market by Application - Potential Analysis
7.3.Global Virtual Reality (VR) in Healthcare Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
7.4.Virtual Reality (VR) in Healthcare Market, Sub Segment Analysis
7.4.1.Surgery Simulation
7.4.2.Tele-Surgery
7.4.3.Robotic Surgery
7.4.4.Visualization and Rehabilitation
7.4.5.Others
Chapter 8.Global Virtual Reality (VR) in Healthcare Market, Regional Analysis
8.1.Virtual Reality (VR) in Healthcare Market, Regional Market Snapshot
8.2.North America Virtual Reality (VR) in Healthcare Market
8.2.1.U.S. Virtual Reality (VR) in Healthcare Market
8.2.1.1.Technology breakdown estimates & forecasts, 2017-2027
8.2.1.2.Component breakdown estimates & forecasts, 2017-2027
8.2.1.3.Application breakdown estimates & forecasts, 2017-2027
8.2.2.Canada Virtual Reality (VR) in Healthcare Market
8.3.Europe Virtual Reality (VR) in Healthcare Market Snapshot
8.3.1.U.K. Virtual Reality (VR) in Healthcare Market
8.3.2.Germany Virtual Reality (VR) in Healthcare Market
8.3.3.France Virtual Reality (VR) in Healthcare Market
8.3.4.Spain Virtual Reality (VR) in Healthcare Market
8.3.5.Italy Virtual Reality (VR) in Healthcare Market
8.3.6.Rest of Europe Virtual Reality (VR) in Healthcare Market
8.4.Asia-Pacific Virtual Reality (VR) in Healthcare Market Snapshot
8.4.1.China Virtual Reality (VR) in Healthcare Market
8.4.2.India Virtual Reality (VR) in Healthcare Market
8.4.3.Japan Virtual Reality (VR) in Healthcare Market
8.4.4.Australia Virtual Reality (VR) in Healthcare Market
8.4.5.South Korea Virtual Reality (VR) in Healthcare Market
8.4.6.Rest of Asia Pacific Virtual Reality (VR) in Healthcare Market
8.5.Latin America Virtual Reality (VR) in Healthcare Market Snapshot
8.5.1.Brazil Virtual Reality (VR) in Healthcare Market
8.5.2.Mexico Virtual Reality (VR) in Healthcare Market
8.6.Rest of The World Virtual Reality (VR) in Healthcare Market
Chapter 9.Competitive Intelligence
9.1.Top Market Strategies
9.2.Company Profiles
9.2.1.Virtalis Ltd.
9.2.1.1.Key Information
9.2.1.2.Overview
9.2.1.3.Financial (Subject to Data Availability)
9.2.1.4.Product Summary
9.2.1.5.Recent Developments
9.2.2.CAE Healthcare, Inc.
9.2.3.GE Healthcare
9.2.4.Virtual Realities Ltd.
9.2.5.Qualcomm Technologies, Inc.
9.2.6.Vuzix Corporation
9.2.7.Mimic Technologies Inc.
9.2.8.WorldViz, LLC
9.2.9.Brainlab AG
9.2.10.Samsung Healthcare
Chapter 10.Research Process
10.1.Research Process
10.1.1.Data Mining
10.1.2.Analysis
10.1.3.Market Estimation
10.1.4.Validation
10.1.5.Publishing
10.2.Research Attributes
10.3.Research Assumption
