Dublin, Feb. 28, 2018 (GLOBE NEWSWIRE) -- The "Augmented Reality (AR) and Virtual Reality (VR) Market in Healthcare - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
This market research report on the healthcare augmented reality (AR) and virtual reality (VR) market offers analysis on the market size and forecast, market share, industry trends, growth drivers, and vendor analysis.
Augmented Reality (AR) and Virtual Reality (VR) Market in Healthcare - Overview
The increasing number of diabetic, HIV, and dementia patients and the high prevalence of chronic diseases around the globe are driving the expenditure in the healthcare industry. The implementation of internet analytics and IT lead innovations is fueling the development of the augmented reality and virtual reality market in the healthcare industry. Technological innovations help improve cost-effectiveness, offer better communication between the patient and the doctor, provide easy exchange of reports, improve tracking of the patient's health, and offer better workforce training.
The increasing investments in developing digital healthcare technologies are creating new opportunities for vendors in the global AR and VR market in healthcare. The launch of innovative technology such as next-generation sequencing (NGS), 3D-printing, immunotherapy, artificial intelligence (AI), point-of-care diagnostics (POC), virtual reality (VR), augmented reality (AR), biosensors and trackers, convenient care, and telehealth will help enhance the consumer experience and offer better patient care.
The growing demand for AR and VR technology in the healthcare market will create new opportunities for leading vendors in the market. The convenience of training and the easy transfer of information are driving the growth of augmented reality (AR) and virtual reality (VR) market in the healthcare industry. The AR and VR market in healthcare is anticipated to generate revenue of about $3,038 million in 2023, growing at an impressive CAGR of more than 31% during the forecast period.
Augmented Reality (AR) and Virtual Reality (VR) Market in Healthcare - Dynamics
The introduction of innovative technology and advanced medical devices helps reduce healthcare spending and saves time. The introduction of virtual healthcare applications efficiently handles patient care and offers superior services through the telemedicine platform. The implementation of such advanced and innovative technology will drive the growth of the AR and VR market in healthcare.
The increasing use of augmented reality and virtual reality in the healthcare sector helps reduce medical training costs significantly and revolutionizes surgical procedures in the global industry. Diagnosis and medical history of the patient are now stored on smart wearables and can be accessed from remote locations. Such advancement will augment the development of the global AR and VR market in healthcare during the forecast period.
Key Countries Profiled
The key countries profiled in the report are:
- US
- UK
- China
The major vendors in the global market are:
Key Companies in AR
- Orca Health
- Business Overview
- Healthcare Solutions
- Brain Power LLC
- Medsight Tech
- Accuvein
- EchoPixel Inc
- Augmedix
- Atheer Inc
- Aira
- Proximie
- Kinosis Ltd
Key Companies in VR
- MindMaze
- Psious
- Virtually Better
- First Hand Technology
- Immersive Touch
- Medical Realities
- Osso VR Inc
- VirtaMed
- zSpace Inc
- Surgical Theater
Key Companies for Devices
- Microsoft
- Alphabet Inc
- Magic Leap
- Osterhout Design Group Inc
- HTC
- Vuzix
Key Topics Covered:
1 Research Methodology
2 Research objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
5 Report Assumptions & Caveats
5.1.1 Inclusions
5.1.2 Exclusions
5.2 Currency Conversion rate
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Augmented reality (AR)
7.1.1 Types of AR
7.1.2 Working of AR
7.1.3 Uses of AR
7.2 Virtual reality (VR)
7.2.1 Uses of VR
7.2.2 Key Drivers of VR
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Growth of Aging Population
8.1.2 Increased Spending on Healthcare
8.1.3 Increased Penetration of Connected Devices in Healthcare
8.2 Market Growth Restraint
8.2.1 Low Number of Expert Medical Professional and Lack of Infrastructure for New Technologies
8.2.2 Data Security of Medical Records
8.3 Market Opportunities & Trends
8.3.1 Reduced Healthcare Spending and Time
8.3.2 Increasing Investment in AR and VR Market
8.3.3 Increased Use of AR and VR in Fitness Industry
9 Global AR and VR Market in Healthcare
9.1 Market Overview
9.2 Market Size & Forecast
9.3 Porter's Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry
10 AR and VR in Healthcare Market by Components
10.1 Market overview
10.2 Hardware
10.2.1 Market Overview
10.2.2 Market size and Forecast
10.3 Software
10.3.1 Market Overview
10.3.2 Market size and Forecast
11 AR and VR Market in Healthcare by Technology
11.1 Market Overview
11.2 AR in Healthcare
11.2.1 Market Overview
11.2.2 Market Size & Forecast
11.3 VR in Healthcare
11.3.1 Market Overview
11.3.2 Market Size & Forecast
12 AR and VR in Healthcare by Application
12.1 Market Overview
12.2 AR assisted Surgery
12.2.1 Market Size & Forecast
12.3 AR Assisted Rehabilitation
12.3.1 Market Size & Forecast
12.4 AR assisted Training and Medical Education
12.4.1 Market Size & Forecast
12.5 VR Assisted Simulation
12.5.1 Market Size & Forecast
12.6 VR Assisted Diagnostics
12.6.1 Market Size & Forecast
12.7 VR Assisted Rehabilitation
12.7.1 Market Size & Forecast
12.8 VR Assisted Pain Distraction
12.8.1 Market Size & Forecast
12.9 VR Assisted Virtual Reality Expose Therapy (VRET)
12.9.1 Market Size & Forecast
13 AR and VR in Healthcare Market By Geography
13.1 Market Overview
13.1.1 Market Size & Forecast
14 NORTH AMERICA: AR and VR MARKET in Healthcare
14.1 Market Overview
14.2 Market Size & Forecast
14.3 Key Countries
14.3.1 US: Market Size & Forecast
15 Europe: AR and VR in Healthcare Market
15.1 Market Overview
15.2 Market Size & Forecast
15.3 Key Countries
15.3.1 UK: Market Size & Forecast
16 APAC: AR and VR in Healthcare Market
16.1 Market Overview
16.2 Market Size & Forecast
16.3 Key Countries
16.3.1 China: Market Size & Forecast
17 ROW: AR and VR in Healthcare Market
17.1 Market Overview
17.2 Market Size & Forecast
18 Competitive Landscape
18.1 Market Overview
19 Key Company Profiles in AR
20 Key Company Profiles in VR
21 Key Company Profiles By Devices
22 Report Summary
23 Appendix
For more information about this report visit https://www.researchandmarkets.com/research/hvrrmj/global_augmented?w=12