Virtual Reality Gains Acceptance in Remote Home Assessments

DUBLIN, March 10, 2023 /PRNewswire/ — The “Virtual Reality (VR) In Healthcare: Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

Global Virtual Reality (VR) In Healthcare Market to Reach $12 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Virtual Reality (VR) In Healthcare estimated at US$1.6 Billion in the year 2022, is projected to reach a revised size of US$12 Billion by 2030, growing at a CAGR of 29.2% over the analysis period 2022-2030. Hardware, one of the segments analyzed in the report, is projected to record 33.9% CAGR and reach US$7.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 23.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $453.8 Million, While China is Forecast to Grow at 27.3% CAGR

The Virtual Reality (VR) In Healthcare market in the U.S. is estimated at US$453.8 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 27.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.3% and 22.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 15.8% CAGR.

Select Competitors (Total 38 Featured) –

• 5DT (Fifth Dimension Technologies)
• CAE Healthcare
• EON Reality
• Firsthand Technology
• GE Healthcare
• Intuitive Surgical, Inc.
• Medtronic, Inc.
• Mimic Technologies Inc.
• Philips Healthcare
• Siemens Healthineers
• Surgical Science Sweden AB
• Virtually Better, Inc.
• Vital Images, Inc.
• Vuzix Corporation
• WorldViz

What`s New for 2023?

• Special coverage on Russia–Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies – Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Virtual Reality – A Disruptive Technology
• Recent Market Activity
• Virtual Reality Brings in a Transformation in Healthcare
• Market Outlook
• Developed Regions Dominate the Market
• Growth Drivers in a Nutshell
• Challenges to Reckon With
• Cost: A Major Issue
• Competitive Scenario
• Start-ups in Healthcare VR Make an Impact
• Virtual Reality Redefines Training Programs for Clinicians and Students
• VR in Surgical Training
• Training for Paramedics, ER doctors, and First-Responders
• Virtual Reality Gains as a Diagnostic Tool
• VR Gains Prominence in the Dentistry Sector
• Allaying Patients; Surgery-Related Apprehensions
• VR Emerges as an Established Approach for Phobia Management
• VR in Treatment of Dementia
• Virtual Reality Grows in Importance in Pain Management
• Transforming Management of Chronic Pain
• Virtual Reality for Management of Pain in Burn Victims
• Virtual Reality in Cancer Therapy
• Stroke Care – An Emerging Application
• Opportunities in Rehabilitation
• Virtual Reality Gains Acceptance in Remote Home Assessments
• Anxiety Disorders and Virtual Reality
• VR for Healthy Lifestyles
• VR to Help People with Substance Use Disorders
• An Effective Tool for Designing Assisted Living Facilities
• VR Evolves as an Efficient Marketing Tool
• Virtual Reality (VR) In Healthcare – Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Medical Visualization Solutions: A Promising Market for VR Technology
• Treatment for Eye Problems – An Opportunity Market
• VR Simulators for Surgical Robots Grow in Demand

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

A selection of companies mentioned in this report includes

• 5DT (Fifth Dimension Technologies)
• CAE Healthcare
• EON Reality
• Firsthand Technology
• GE Healthcare
• Intuitive Surgical, Inc.
• Medtronic, Inc.
• Mimic Technologies Inc.
• Philips Healthcare
• Siemens Healthineers
• Surgical Science Sweden AB
• Virtually Better, Inc.
• Vital Images, Inc.
• Vuzix Corporation
• WorldViz

For more information about this report visit https://www.researchandmarkets.com/r/5ccipf

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SOURCE Research and Markets