Virtual Reality in Healthcare Market Outlook for Forecast Period (2023 to 2030)

The Global Virtual Reality in Healthcare Market size is expected to grow from USD 6000 Million in 2023 to USD 25848 Million by 2030, at a CAGR of 23.20% during the forecast period (2023-2030).

The integration and use of VR technologies and applications in healthcare settings is the specific focus of the virtual reality (VR) industry in the healthcare sector. The creation, dissemination, and application of VR solutions across a range of healthcare environments, including clinics, hospitals, medical education facilities, and research institutes, are the main focuses of this niche market. Due mostly to the prospective benefits and technological breakthroughs that virtual reality (VR) offers to the healthcare industry, this market has grown steadily over time.

The demand for VR-based therapies has increased due to its proven efficacy in treating a range of mental health disorders. The breadth and potential of VR applications in healthcare have also been increased by continuous developments in VR hardware, software, and content creation tools, which has led to a larger industry acceptance and integration of VR.

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Leading players involved in the Virtual Reality in Healthcare Market include:

Koninklijke Philips N.V. (Netherlands), Samsung Electronics Co. Ltd. (South Korea), EON Reality (US), CAE Healthcare (US), Oculus Rift (US), Medical Realities Ltd. (UK), XRHealth USA Inc. (US), Amelia (Spain), HTC Corporation (Taiwan), Sony Corporation (Japan), Osso VR (US), FundamentalVR (UK), Firsthand Technology (US), Surgical Theater (US), Oxford Medical Simulation (UK), Oncomfort (Belgium), PSICO SMART APPS S.L. (Spain), AppliedVR (US), Vicarious Surgical (US), InTouch Health (US) and Other Major Players.

The latest research on the Virtual Reality in Healthcare market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Virtual Reality in Healthcare industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Virtual Reality in Healthcare market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas. 

Segmentation of Virtual Reality in Healthcare Market:

By Component

  • Hardware
  • Software
  • Content

By Application

  • Pain Management
  • Education Training
  • Surgery, Patient Care Management
  • Rehabilitation Therapy Procedures

By End-Use

  • Research Diagnostics
  • Laboratories
  • Hospitals Clinics
  • Research Organizations
  • Pharmaceuticals Companies

Market Segment by Regions: -

  • North America (US, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

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Sima Jadhav

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