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Virtual Reality In Healthcare Market

Virtual Reality In Healthcare Market

Virtual Reality in Healthcare Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2018–2028, Segmented By Component (Hardware, Software, Content), By Application (Pain Management, Education and Training, Surgery, Patient Care Management, Rehabilitation and Therapy Procedures, and Others (Post-Traumatic Stress Disorder (PTSD) and Others)), By Region (North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA))

  • Published Date: October 2022
  • Report ID: BWC22410
  • Available Format: PDF
  • Page: 114

Report Overview

Global Virtual Reality in Healthcare Market is flourishing owing to the healthcare technological advancements and digitalization, favorable government initiatives, rising healthcare expenditure, increased use of surgical procedures, and medical training.

Global Virtual Reality in Healthcare Market - Industry Trends & Forecast Report 2028

Global Virtual Reality in Healthcare Market is projected to reach USD 5.32 billion by the year 2028, exhibiting a CAGR of 42.0% during the forecast period (2022-2028). The rapid expansion of the market is predominantly due to the increasing adoption of connected devices in the healthcare sector is driving market revenue growth. Augmented Reality (AR) and Virtual Reality (VR) technologies are becoming more widely used in the healthcare sector as significant advances in software development and equally dependable hardware have made VR applications in complex procedures a viable option. A rise in demand for advanced and innovative diagnostic techniques, an increase in the incidence of health disorders, and advancements in mobile applications and telemedicine are some of the factors driving the market growth. Simulations that allow physicians and students to interact in a virtual environment to successfully recreate real-time, stressful situations.

Virtual Reality in Healthcare - Overview

Virtual reality (VR) aids in the creation of a virtual world that transports the patient to a location that is both desirable and impractical. As a result, this promotes mental health and serves as an effective psychological therapy. Additionally, VR greatly contributes to pain reduction. According to a study by the University of Washington and Harborview Burn Center, patients' pain levels are significantly decreased by VR's ability to distract them during skin grafting. The recovery time consequently extends as a result. Therefore, the key market drivers are VR's numerous benefits in the healthcare industry. The price of putting this technology into use is very high. As a result, the treatment is pricey due to the expensive end devices. One of the limitations facing the industry is high cost.

Global Virtual Reality in Healthcare Market Forecast and Trends

Growth Drivers

High Demand for Wearable Healthcare Technology

The rising trend of wearable technologies in healthcare is another factor anticipated to fuel revenue growth in the market during the forecast period. A recent development in the market is the increased use of wearables in healthcare due to their advantages. Wearable technology has emerged as a very useful tool in the healthcare industry for monitoring patient health. One of the most common categories of wearable technology is body sensors. By being implanted within or on the body, they can help track a variety of illnesses, including blood pressure, heart function, stomach stimulation, and others.

Rising Use of Connected Devices in the Medical Field

The healthcare industry's growing use of connected devices like VR is anticipated to fuel market revenue growth. To provide patients with cutting-edge care, some nations have even opened hospitals that are VR-equipped. VR is being adopted in the healthcare sector at an increasing rate. For instance, the world's first entirely VR-based hospital will soon be built in Israel. Along with lowering medical costs, VR has the power to democratize learning, enhance human anatomy visualization, lessen the trauma, increase experimentation opportunities, and improve outcomes. VR is incredibly helpful for analyzing people, spotting disorders, and managing symptoms. One use of VR technology is in head-mounted displays, smart glasses, and haptic gloves. VR is also being used more frequently to soothe patients before and during grueling medical procedures. For instance, a December 2019 study at St. George Hospital in the UK using virtual reality technology found that patients wearing them felt less anxious during awake surgery. In 94% of the cases, patients said that using the VR headset improved their overall hospital experience and made them feel calmer. In addition, 73% and 80% of users said that wearing the headset reduced their anxiety and pain, respectively.

Technological Advancements

The market for augmented reality in healthcare will see tremendous growth opportunities as a result of technological advancements. Clinical progress, technical impact, and a focus on medical specialties will open up lucrative opportunities for the growth of the augmented reality market in the healthcare sector. Additionally, today's surgeons can see bones, muscles, and internal organs without performing any surgery. In a medical emergency, it can also be used to show paramedics information that could save their lives. All these factors boost the growth of the Global Virtual Reality in the Healthcare Market during the forecast period (2022-2028).

Restraints

Medical Professionals Lack the Necessary Training to Adopt VR

A significant factor that is anticipated to impede market growth is a lack of adequate training for medical professionals to adopt VR. The controls in the virtual reality environment must be learned by medical professionals who want to use virtual reality. Complex software may call for complicated controllers that are challenging to use. Because learning to use VR for healthcare can be time-consuming and difficult, not enough medical professionals with the necessary training have embraced the use of VR. One major drawback of using VR in the healthcare industry is that the fine motor skills that a human hand can perform are not possible with VR controllers.

Impact of COVID-19 on Global Virtual Reality in Healthcare Market

The COVID-19 pandemic-induced lockdown and economic crisis have affected several original equipment manufacturers. Many suppliers experienced substantial resource constraints in their material supply and logistics chains throughout the year, which had a notable negative impact on their operations. Furthermore, supply chain disruptions have a significant impact on the India Brake pad Market. However, the market, on the other hand, is improving and is likely to return to normal as the government's assistance grows. During the forecast period (2022-2028), the market is expected to rise due to the quickest recovery rates in some regions and rising electric vehicle sales. Which in turn anticipated to surge in the demand for brake pads.  

Global Virtual Reality in Healthcare Market - By Component

Based on the component, the Global Virtual Reality in Healthcare Market is segmented into Hardware, Software, Content. In 2020, the hardware segment dominated the market for augmented reality and virtual reality in healthcare, accounting for 67.6% of revenue. Devices such as head-mounted displays, smart glasses, and 3D sensors have significant market shares in the AR & VR in healthcare market. Smart glasses and head-mounted devices are widely used in training and simulation, surgeries, diagnostics, telementoring, and a variety of other applications. However, due to recent technological advancements in in-app design, including apps such as EyeDecide, the software segment is expected to grow rapidly over the forecast period. It detects eye problems by measuring a variety of parameters. Furthermore, apps like Applied VR assist patients in overcoming anxiety during any surgical procedure.

Virtual Reality in Healthcare Market Share

Global Virtual Reality in Healthcare Market – By Application

Based on application, the Global Virtual Reality in Healthcare Market is segmented into Pain Management, Education and Training, Surgery, Patient Care Management, Rehabilitation and Therapy Procedures, and Others (Post-Traumatic Stress Disorder (PTSD) and Others). Over the forecast period, a larger revenue share is anticipated for the surgery. This is due to the growing use of virtual reality (VR) in surgeries, which provides a three-dimensional view of a patient's anatomy and physiology. Planning and practicing challenging procedures in VR increases the likelihood that they will be successful when they are carried out. As a result, it improves safety by lowering the likelihood of surprises. VR is also necessary for surgical robots, which rely on a robotic arm that is controlled by a surgeon at a console. The procedure depends on a camera that is inserted inside the body to provide a view of the area being operated on. Input from the tactile and sensory systems is crucial during surgery, and virtual reality can serve as a good substitute.

Global Virtual Reality in Healthcare Market - By Region

Geographically, the Global Virtual Reality in Healthcare Market is segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the healthcare augmented reality (AR) and virtual reality (VR) markets. Higher adoption of these technologies, investment in R&D activities, and favorable government initiatives are driving growth in this region. The National Institute of Health of the United States government is providing funding for virtual reality research with applications in healthcare. However, Asia Pacific is expected to be the fastest-growing market during the forecast period due to increased population awareness and improved healthcare infrastructure. India, China, Brazil, and Mexico are all promising destinations for outsourcing services related to the development and distribution of AR and VR technologies in healthcare.

Competitive Landscape

The leading market players in the Global Virtual Reality in Healthcare Market are Bioflight VR, CAE, Eon Reality, Inc, GE Healthcare, HTC Corporation, Intuitive Surgical, Koninklijke Philips N.V., Layar, Medical Realities Ltd., Mindmaze, Oculus Rift, Psious, Samsung Electronics Co. Ltd., Siemens Ltd, Sony Corporation, TheraSim Inc, WorldViz, XRHealth USA Inc., and other prominent players.

The Global Virtual Reality in Healthcare Market is highly fragmented with the presence of several manufacturing companies in the country. The market leaders retain their supremacy by spending on research and development, incorporating cutting-edge technology into their goods, and releasing upgraded items for customers. Various tactics, including strategic alliances, agreements, mergers, and partnerships, are used.

Recent Development

  • In MindMaze Healthcare announced four new collaboration agreements with Surgicorp, Alkholi, Guttmann Barcelona, and Swiss Rehabilitation in May 2021, which will bring MindMaze's digital neurotherapeutics to patients in Latin America, the Middle East, Spain, and Switzerland.

Scope of the Report

Attributes

Details

Years Considered

Historical data – 2018-2021

Base Year – 2021

Forecast – 2022 – 2028

Facts Covered

Revenue in USD Billion

Product Service/Segmentation

By Component, By Application, By Region

Key Players

Bioflight VR, CAE, Eon Reality, Inc, GE Healthcare, HTC Corporation, Intuitive Surgical, Koninklijke Philips N.V., Layar, Medical Realities Ltd., Mindmaze, Oculus Rift, Psious, Samsung Electronics Co. Ltd., Siemens Ltd, Sony Corporation, TheraSim Inc, WorldViz, XRHealth USA Inc., and other prominent players.

 

 

By Component

  • Hardware

  • Software

  • Content

By Application

  • Pain Management

  • Education and Training

  • Surgery

  • Patient Care Management

  • Rehabilitation and Therapy Procedures

  • Others (Post-Traumatic Stress Disorder (PTSD) and Others)

By Region

  • North America

  • Europe

  • Asia Pacific (APAC)

  • Latin America

  • Middle East and Africa (MEA)

  1. Research Framework
    1. Research Objective
    2. Application Overview
    3. Market Segmentation
  2. Executive Summary
  3. Global Virtual Reality in Healthcare Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Increased penetration of connected devices in healthcare 
        2. Growing awareness of virtual reality exposure therapy in developed countries
      2. Restraints
        1. Technical limitations of using virtual reality in healthcare
      3. Opportunity
        1. Introduction of unconventional Healthcare accessories and gadgets supported virtual reality
        2. Increasing application of virtual reality in patient care
        3. High demand of wearable healthcare technology
      4. Challenges
        1. Lack of awareness of virtual reality exposure therapy in developing countries
    3. Technology Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Global Virtual Reality in Healthcare Market Overview
    1. Market Size & Forecast, by Value, 2018–2028
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Component
        1. Hardware
        2. Software
        3. Content
      2. By Application
        1. Pain Management
        2. Education and Training
        3. Surgery
        4. Patient Care Management
        5. Rehabilitation and Therapy Procedures
        6. Others (Post-Traumatic Stress Disorder (PTSD) and Others)
      3. By Region
        1. North America
        2. Europe
        3. Asia Pacific (APAC)
        4. Latin America
        5. Middle East and Africa (MEA)
  5. North America Virtual Reality in Healthcare Market
      1. Market Size & Forecast, by Value, 2018–2028
      2. By Value (USD Billion)
    1. Market Share & Forecast
      1. By Component
      2. By Application
      3. By Country
        1. United States
          1. By Component
          2. By Application
        2. Canada
          1. By Component
          2. By Application
  6. Europe Virtual Reality in Healthcare Market
    1. Market Size & Forecast, by Value, 2018–2028
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Component
      2. By Application
      3. By Country
        1. Germany
          1. By Component
          2. By Application
        2. United Kingdom
          1. By Component
          2. By Application
        3. Italy
          1. By Component
          2. By Application
        4. France
          1. By Component
          2. By Application
        5. Spain
          1. By Component
          2. By Application
        6. The Netherlands
          1. By Component
          2. By Application
        7. Belgium
          1. By Component
          2. By Application
        8. NORDIC Countries
          1. B By Component
          2. By Application
        9. Rest of Europe
          1. By Component
          2. By Application
  7. Asia Pacific Virtual Reality in Healthcare Market
    1. Market Size & Forecast, by Value, 2018–2028
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Component
      2. By Application
      3. By Country
        1. China
          1. By Component
          2. By Application
        2. India
          1. By Component
          2. By Application
        3. Japan
          1. By Component
          2. By Application
        4. South Korea
          1. By Component
          2. By Application
        5. Australia & New Zealand
          1. By Component
          2. By Application
        6. Indonesia
          1. By Component
          2. By Application
        7. Malaysia
          1. By Component
          2. By Application
        8. Singapore
          1. By Component
          2. By Application
        9. Philippines
          1. By Component
          2. By Application
        10. Vietnam
          1. By Component
          2. By Application
        11. Rest of Asia Pacific
          1. By Component
          2. By Application
  8. Latin America Virtual Reality in Healthcare Market
    1. Market Size & Forecast, by Value, 2018–2028
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Component
      2. By Application
      3. By Country
        1. Brazil
          1. By Component
          2. By Application
        2. Mexico
          1. By Component
          2. By Application
        3. Argentina
          1. By Component
          2. By Application
        4. Peru
          1. By Component
          2. By Application
        5. Colombia
          1. By Component
          2. By Application
        6. Rest of Latin America
          1. By Component
          2. By Application
  9.  Middle East & Africa Virtual Reality in Healthcare Market
    1. Market Size & Forecast, by Value, 2018–2028
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Component
      2. By Application
      3. By Country
        1. Saudi Arabia
          1. By Component
          2. By Application
        2. UAE
          1. By Component
          2. By Application
        3. Qatar
          1. By Component
          2. By Application
        4. Kuwait
          1. By Component
          2. By Application
        5. Iran
          1. By Component
          2. By Application
        6. South Africa
          1. By Component
          2. By Application
        7. Nigeria
          1. By Component
          2. By Application
        8. Kenya
          1. By Component
          2. By Application
        9. Egypt
          1. By Component
          2. By Application
        10. Morocco
          1. By Component
          2. By Application
        11. Algeria
          1. By Component
          2. By Application
        12. Rest of Middle East & Africa
          1. By Component
          2. By Application
  10. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Global Virtual Reality in Healthcare Company Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
  11. Impact of Covid-19 on Global Virtual Reality in Healthcare Market
  12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT)
    1. Bioflight VR
    2. CAE
    3. Eon Reality, Inc
    4. GE Healthcare
    5. HTC Corporation
    6. Intuitive Surgical
    7. Koninklijke Philips N.V.
    8. Layar
    9. Medical Realities Ltd.
    10. Mindmaze
    11. Oculus Rift
    12. Psious
    13. Samsung Electronics Co. Ltd.
    14. Siemens Ltd
    15. Sony Corporation
    16. TheraSim Inc
    17. WorldViz
    18. XRHealth USA Inc.
    19. Other prominent players
  13. Key Strategic Recommendations
  14. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumptions & Limitations

 

*Financial information of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

 

LOF

 

Figure 1        Global Virtual Reality in Healthcare Segmentation

Figure 2        Global Virtual Reality in Healthcare Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        Global Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 5        Global Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 6        Global Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 7        Global Virtual Reality in Healthcare Market Share, By Region, By Value, 2018-2028

Figure 8        North America Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 9        North America Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 10       North America Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 11       North America Virtual Reality in Healthcare Market Share, By Country, By Value, 2018-2028

Figure 12       United States Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 13       United States Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 14       United States Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 15       Canada Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 16       Canada Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 17       Canada Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 18       Europe Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 19       Europe Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 20       Europe Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 21       Europe Virtual Reality in Healthcare Market Share, By Country, By Value, 2018-2028

Figure 22       Germany Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 23       Germany Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 24       Germany Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 25       United Kingdom Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 26       United Kingdom Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 27       United Kingdom Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 28       Italy Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 29       Italy Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 30       Italy Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 31       France Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 32       France Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 33       France Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 34       Spain Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 35       Spain Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 36       Spain Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 37       Netherlands Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 38       Netherlands Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 39       Netherlands Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 40       Belgium Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 41       Belgium Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 42       Belgium Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 43       NORDIC Countries Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 44       NORDIC Countries Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 45       NORDIC Countries Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 46       Rest of Europe Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 47       Rest of Europe Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 48       Rest of Europe Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 49       Asia-Pacific Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 50       Asia-Pacific Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 51       Asia-Pacific Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 52       Asia-Pacific Virtual Reality in Healthcare Market Share, By Country, By Value, 2018-2028

Figure 53       China Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 54       China Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 55       China Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 56       India Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 57       India Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 58       India Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 59       Japan Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 60       Japan Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 61       Japan Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 62       South Korea Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 63       South Korea Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 64       South Korea Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 65       Indonesia Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 66       Indonesia Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 67       Indonesia Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 68       Malaysia Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 69       Malaysia Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 70       Malaysia Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 71       Singapore Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 72       Singapore Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 73       Singapore Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 74       Philippines Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 75       Philippines Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 76       Philippines Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 77       Vietnam Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 78       Vietnam Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 79       Vietnam Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 80       Rest of Asia Pacific Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 81       Rest of Asia Pacific Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 82       Rest of Asia Pacific Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 83       Latin America Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 84       Latin America Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 85       Latin America Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 86       Latin America Virtual Reality in Healthcare Market Share, By Country, By Value, 2018-2028

Figure 87       Brazil Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 88       Brazil Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 89       Brazil Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 90       Mexico Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 91       Mexico Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 92       Mexico Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 93       Peru Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 94       Peru Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 95       Peru Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 96       Colombia Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 97       Colombia Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 98       Colombia Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 99       Rest of Latin America Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 100     Rest of Latin America Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 101     Rest of Latin America Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 102     The Middle East & Africa Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 103     The Middle East & Africa Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 104     The Middle East & Africa Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 105     The Middle East & Africa Virtual Reality in Healthcare Market Share, By Country, By Value, 2018-2028

Figure 106     Saudi Arabia Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 107     Saudi Arabia Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 108     Saudi Arabia Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 109     UAE Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 110     UAE Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 111     UAE Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 112     Qatar Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 113     Qatar Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 114     Qatar Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 115     Iran Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 116     Iran Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 117     Iran Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 118     Nigeria Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 119     Nigeria Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 120     Nigeria Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 121     Kenya Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 122     Kenya Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 123     Kenya Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 124     Egypt Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 125     Egypt Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 126     Egypt Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 127     Morocco Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 128     Morocco Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 129     Morocco Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 130     Algeria Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 131     Algeria Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 132     Algeria Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

Figure 133     Rest of Middle East & Africa Virtual Reality in Healthcare Market Size, By Value (USD Billion), 2018-2028

Figure 134     Rest of Middle East & Africa Virtual Reality in Healthcare Market Share, By Component, By Value, 2018-2028

Figure 135     Rest of Middle East & Africa Virtual Reality in Healthcare Market Share, By Application, By Value, 2018-2028

 

LOT

 

Table 1         Global Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                    

Table 2         Global Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                             

Table 3         Global Virtual Reality in Healthcare Market Size, By Region, By Value, 2018-2028                                   

Table 4         North America Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                               

Table 5         North America Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                               

Table 6         United States Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                               

Table 7         United States Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                     

Table 8         Canada Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                  

Table 9         Canada Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                   

Table 10        Europe Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                   

Table 11        Europe Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                   

Table 12        Europe Virtual Reality in Healthcare Market Size, By Country, By Value, 2018-2028                                

Table 13        Germany Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                     

Table 14        Germany Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                     

Table 15        United Kingdom Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                               

Table 16        United Kingdom Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                               

Table 17        Italy Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                               

Table 18        Italy Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                

Table 6         France Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                   

Table 7         France Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                    

Table 8         Spain Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                             

Table 9         Spain Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                              

Table 10        The Netherlands Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                               

Table 11        The Netherlands Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                               

Table 12        Belgium Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                     

Table 13        Belgium Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                  

Table 14        NORDIC Countries Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                               

Table 15        NORDIC Countries Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                               

Table 16        Rest of Europe Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                               

Table 17        Rest of Europe Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                               

Table 18        Asia-Pacific Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                     

Table 19        Asia-Pacific Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                     

Table 20        Asia-Pacific Virtual Reality in Healthcare Market Size, By Country, By Value, 2018-2028                                  

Table 21        China Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                             

Table 22        China Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                              

Table 23        India Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                              

Table 24        India Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                               

Table 25        Japan Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                             

Table 39        Japan Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                              

Table 40        South Korea Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                     

Table 41        South Korea Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                     

Table 42        Indonesia Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                     

Table 43        Indonesia Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                     

Table 44        Malaysia Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                     

Table 45        Malaysia Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                     

Table 46        Singapore Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                     

Table 47        Singapore Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                     

Table 48        Philippines Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                     

Table 49        Philippines Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                     

Table 50        Vietnam Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                     

Table 51        Vietnam Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                  

Table 52        Rest of Asia Pacific Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                               

Table 53        Rest of Asia Pacific Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                               

Table 54        Latin America Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                               

Table 55        Latin America Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                               

Table 56        Latin America Virtual Reality in Healthcare Market Size, By Country, By Value, 2018-2028                                     

Table 57        Brazil Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                              

Table 58        Brazil Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                              

Table 59        Mexico Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                   

Table 60        Mexico Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                    

Table 61        Peru Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                               

Table 62        Peru Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                

Table 63        Colombia Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                     

Table 64        Colombia Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                     

Table 65        Rest of Latin America Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                 

Table 66        Rest of Latin America Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                 

Table 67        Middle East & Africa Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                 

Table 68        Middle East & Africa Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                 

Table 69        Middle East & Africa Virtual Reality in Healthcare Market Size, By Country, By Value, 2018-2028                               

Table 70        Saudi Arabia Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                     

Table 71        Saudi Arabia Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                     

Table 72        UAE Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                               

Table 73        UAE Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                

Table 74        Qatar Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                             

Table 75        Qatar Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                              

Table 76        Iran Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                               

Table 77        Iran Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                

Table 78        Nigeria Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                   

Table 79        Nigeria Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                   

Table 80        Kenya Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                    

Table 81        Kenya Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                             

Table 82        Egypt Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                             

Table 83        Egypt Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                              

Table 84        Morocco Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                     

Table 85        Morocco Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                  

Table 86        Algeria Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                   

Table 87        Algeria Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                    

Table 88        Rest of Middle East & Africa Virtual Reality in Healthcare Market Size, By Component, By Value, 2018-2028                                 

Table 89        Rest of Middle East & Africa Virtual Reality in Healthcare Market Size, By Application, By Value, 2018-2028                                 

Table 90        Bioflight VR Financial Overview

Table 91        CAE Company Overview

Table 92        CAE Financial Overview

Table 93        Eon Reality, Inc Company Overview

Table 94        Eon Reality, Inc Financial Overview

Table 95        GE Healthcare Company Overview

Table 96        GE Healthcare Financial Overview

Table 97        HTC Corporation Company Overview

Table 98        HTC Corporation Financial Overview

Table 99        Intuitive Surgical Company Overview

Table 100      Intuitive Surgical Financial Overview

Table 101      Koninklijke Philips N.V.  Company Overview

Table 102      Koninklijke Philips N.V.  Financial Overview

Table 103      Layar Company Overview

Table 104      Layar Financial Overview

Table 105      Medical Realities Ltd.  Company Overview

Table 106      Medical Realities Ltd.  Financial Overview

Table 107      Mindmaze Company Overview

Table 108      Mindmaze Financial Overview

Table 109      Oculus Rift Company Overview

Table 110      Oculus Rift Financial Overview

Table 111      Sony Corporation Company Overview

Table 112      Sony Corporation Financial Overview

Table 113      TheraSim Inc Company Overview

Table 114      TheraSim Inc Financial Overview

Table 115      WorldViz Company Overview

Table 116      WorldViz Financial Overview

Table 117      XRHealth USA Inc. Company Overview

Table 118      XRHealth USA Inc. Financial Overview

Market Segmentation

By Component

  • Hardware
  • Software
  • Content

By Application

  • Pain Management
  • Education and Training
  • Surgery
  • Patient Care Management
  • Rehabilitation and Therapy Procedures
  • Others (Post-Traumatic Stress Disorder (PTSD) and Others)

By Region

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Latin America
  • Middle East and Africa (MEA)
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Frequently Asked Questions (FAQs):

Ans: The major factors driving the growth of Global Virtual Reality in Healthcare Market are the healthcare technological advancements and digitalization, favorable government initiatives, rising healthcare expenditure, increased use of surgical procedures, and medical training.
Ans: The software segment accounted for the largest share in the Global Virtual Reality in Healthcare Market.
Ans: Surgery has the largest share in the Global Virtual Reality in Healthcare Market.
Ans: The key players in the Global Virtual Reality in Healthcare Market are Bioflight VR, CAE, Eon Reality, Inc, GE Healthcare, HTC Corporation, Intuitive Surgical, Koninklijke Philips N.V., Layar, Medical Realities Ltd., Mindmaze, Oculus Rift, Psious, Samsung Electronics Co. Ltd., Siemens Ltd, Sony Corporation, TheraSim Inc, WorldViz, XRHealth USA Inc., and other prominent players.
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