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Virtual Reality Gains Acceptance in Remote Home Assessments

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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 RussiaUkraine 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

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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SOURCE Research and Markets

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