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Virtual Reality (VR) in Healthcare Trends and Forecast
The future of the global virtual reality (VR) in healthcare market looks promising with opportunities in the research and diagnostic, laboratories, hospitals & clinic, research organization, and pharmaceutical companies markets. Virtual reality (VR) in the global healthcare market is expected to reach an estimated $4.8 billion by 2030 with a CAGR of 9.1% from 2024 to 2030. The major drivers for this market are growing health condition prevalence, rising demand for innovative and increasing adoption and expansion of wearable technology.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Virtual Reality (VR) in Healthcare by Segment
The study includes a forecast for the global virtual reality (VR) in healthcare by component, application, end use, and region
Virtual Reality (VR) in Healthcare Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Hardware
• Software
• Content
Virtual Reality (VR) in Healthcare Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Patient Care Management
• Education & Training
• Fitness Management
• Pharmacy Management
• Surgery
• Pain Management
• Rehabilitation and Therapy Procedures
• Post-Traumatic Stress Disorder
•
•
Virtual Reality (VR) in Healthcare Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Research and Diagnostics
• Laboratories
• Hospitals & Clinics
• Research Organizations
• Pharmaceutical Companies
Virtual Reality (VR) in Healthcare Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Virtual Reality (VR) Companies in Healthcare Market
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies virtual reality (VR) companies in healthcare market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the virtual reality (VR) companies in healthcare market profiled in this report include-
• Koninklijke Philips
• Samsung Electronics
• EON Reality
• CAE Healthcare
• Oculus Rift
• Medical Realities
• XRHealth USA
• Amelia
• HTC Corporation
• Sony Corporation
Virtual Reality (VR) in Healthcare Market insights
Lucintel forecast that patient care management will remain the largest segment over the forecast period due to the increasing adoption of augmented reality and virtual reality in healthcare therapies and rehabilitation.
Within this market, hospitals & clinics will remain the largest segment due to growing usage of virtual reality in hospitals by surgeons so as to assists them during surgeries.
North America will remain the largest region over the forecast period due to the existence of a large number of healthcare facilities and availability of advanced healthcare infrastructure in the region.
Features of virtual reality (VR) in the global healthcare market
Market Size Estimates: Virtual reality (VR) in healthcare market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Virtual reality (VR) in healthcare market size by component, application, end use, and region in terms of value ($B).
Regional Analysis: Virtual reality (VR) in healthcare market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different components, applications, end uses, and regions for virtual reality (VR) in the global healthcare market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of virtual reality (VR) in the global healthcare market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is virtual reality (VR) in the global healthcare market size?
Answer: Virtual reality (VR) in the global healthcare market is expected to reach an estimated $4.8 billion by 2030.
Q.2 What is the growth forecast for virtual reality (VR) in healthcare market?
Answer: Virtual reality (VR) in the global healthcare market is expected to grow with a CAGR of 9.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of virtual reality (VR) in the global healthcare market?
Answer: The major drivers for this market are growing health condition prevalence, rising demand for innovative and increasing adoption and expansion of wearable technology.
Q4. What are the major segments for virtual reality (VR) in healthcare market?
Answer: The future of the global virtual reality (VR) in healthcare market looks promising with opportunities in the research and diagnostic, laboratories, hospitals & clinic, research organization, and pharmaceutical companies markets.
Q5. Who are the key virtual reality (VR) companies in the healthcare market companies?
Answer: Some of the key virtual reality (VR) in healthcare companies are as follows:
• Koninklijke Philips
• Samsung Electronics
• EON Reality
• CAE Healthcare
• Oculus Rift
• Medical Realities
• XRHealth USA
• Amelia
• HTC Corporation
• Sony Corporation
Q6. Which virtual reality (VR) in healthcare market segment will be the largest in future?
Answer: Lucintel forecast that patient care management will remain the largest segment over the forecast period due to the increasing adoption of augmented reality and virtual reality in healthcare therapies and rehabilitation.
Q7. in virtual reality (VR) in healthcare market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the existence of a large number of healthcare facilities and availability of advanced healthcare infrastructure in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for virtual reality (VR) in the global healthcare market by component (hardware, software, and content), application (patient care management, education & training, fitness management, pharmacy management, surgery, pain management, rehabilitation & therapy procedures, and post-traumatic stress disorder), end use (research and diagnostics, laboratories, hospitals & clinics, research organizations, and pharmaceutical companies), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Virtual Reality (Vr) In Healthcare Market, Virtual Reality (Vr) In Healthcare Market Size, Virtual Reality (Vr) In Healthcare Market Growth, Virtual Reality (Vr) In Healthcare Market Analysis, Virtual Reality (Vr) In Healthcare Market Report, Virtual Reality (Vr) In Healthcare Market Share, Virtual Reality (Vr) In Healthcare Market Trends, Virtual Reality (Vr) In Healthcare Market Forecast, Virtual Reality (Vr) In Healthcare Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Virtual Reality (VR) in the Global Healthcare Market: Market Dynamics
2.1: introduction, Background, and Classifications
2.2: Supply Chain
2.3: industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Virtual Reality (VR) in the Global Healthcare Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Virtual Reality (VR) in the Global Healthcare Market by Component
3.3.1: Hardware
3.3.2: Software
3.3.3: Content
3.4: Virtual Reality (VR) in the Global Healthcare Market by Application
3.4.1: Patient Care Management
3.4.2: Education & Training
3.4.3: Fitness Management
3.4.4: Pharmacy Management
3.4.5: Surgery
3.4.6: Pain Management
3.4.7: Rehabilitation and Therapy Procedures
3.4.8: Post-Traumatic Stress Disorder
3.5: Virtual Reality (VR) in the Global Healthcare Market by End Use
3.5.1: Research and Diagnostics
3.5.2: Laboratories
3.5.3: Hospitals & Clinics
3.5.4: Research Organizations
3.5.5: Pharmaceutical Companies
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Virtual Reality (VR) in the Global Healthcare Market by Region
4.2: Virtual Reality (VR) in the North American Healthcare Market
4.2.2: Virtual Reality (VR) in the North American Healthcare Market by End Use: Research and Diagnostics, Laboratories, Hospitals & Clinics, Research Organizations, and Pharmaceutical Companies
4.3: Virtual Reality (VR) in the European Healthcare Market
4.3.1: Virtual Reality (VR) in the European Healthcare Market by Application: Patient Care Management, Education & Training, Fitness Management, Pharmacy Management, Surgery, Pain Management, Rehabilitation and Therapy Procedures, and Post-Traumatic Stress Disorder
4.3.2: Virtual Reality (VR) in the European Healthcare Market by End Use: Research and Diagnostics, Laboratories, Hospitals & Clinics, Research Organizations, and Pharmaceutical Companies
4.4: Virtual Reality (VR) in the APAC Healthcare Market
4.4.1: Virtual Reality (VR) in the APAC Healthcare Market by Application: Patient Care Management, Education & Training, Fitness Management, Pharmacy Management, Surgery, Pain Management, Rehabilitation and Therapy Procedures, and Post-Traumatic Stress Disorder
4.4.2: Virtual Reality (VR) in the APAC Healthcare Market by End Use: Research and Diagnostics, Laboratories, Hospitals & Clinics, Research Organizations, and Pharmaceutical Companies
4.5: Virtual Reality (VR) in the ROW Healthcare Market
4.5.1: Virtual Reality (VR) in the ROW Healthcare Market by Application: Patient Care Management, Education & Training, Fitness Management, Pharmacy Management, Surgery, Pain Management, Rehabilitation and Therapy Procedures, and Post-Traumatic Stress Disorder
4.5.2: Virtual Reality (VR) in the ROW Healthcare Market by End Use: Research and Diagnostics, Laboratories, Hospitals & Clinics, Research Organizations, and Pharmaceutical Companies
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Virtual Reality (VR) in the Global Healthcare Market by Component
6.1.2: Growth Opportunities for Virtual Reality (VR) in the Global Healthcare Market by Application
6.1.3: Growth Opportunities for Virtual Reality (VR) in the Global Healthcare Market by End Use
6.1.4: Growth Opportunities for Virtual Reality (VR) in the Global Healthcare Market by Region
6.2: Emerging Trends of Virtual Reality (VR) in the Global Healthcare Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of Virtual Reality (VR) in the Global Healthcare Market
6.3.3: Mergers, Acquisitions, and Joint Ventures of Virtual Reality (VR) in the Global Healthcare Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Koninklijke Philips
7.2: Samsung Electronics
7.3: EON Reality
7.4: CAE Healthcare
7.5: Oculus Rift
7.6: Medical Realities
7.7: XRHealth USA
7.8: Amelia
7.9: HTC Corporation
7.10: Sony Corporation
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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