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Augmented Reality and Virtual Reality in Healthcare-Global Market Insights and Sales Trends 2025
Synopsis
The term Virtual Reality (VR) is the combination of the words virtual and reality. The word virtual means near, while reality is what is experienced by humans. Therefore, VR means ‘near-reality’. VR aims to combine human senses such as hearing, touch and sight, with software and hardware to create an immersive exploratory virtual environment. More technically, VR is a three-dimensional computer generated environment, which an individual can explore and interact with, as well as perform a series of actions or manipulate objects within the environment.
The global Augmented Reality and Virtual Reality in Healthcare market size is expected to reach US$ 4364.1 million by 2029, growing at a CAGR of 23.6% from 2023 to 2029. The market is mainly driven by the significant applications of Augmented Reality and Virtual Reality in Healthcare in various end use industries. The expanding demands from the Pharmacy benefit Management, Rehabilitation and Therapeutics, Patient Care Management and Surgical and Diagnostic Imaging, are propelling Augmented Reality and Virtual Reality in Healthcare market. Semiconductor Components, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Sensors segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Augmented Reality and Virtual Reality in Healthcare, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Augmented Reality and Virtual Reality in Healthcare market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Augmented Reality and Virtual Reality in Healthcare market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Augmented Reality and Virtual Reality in Healthcare sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Augmented Reality and Virtual Reality in Healthcare covered in this report include Philips Healthcare, Simulaids, GE Healthcare, Virtual realities, Intuitive Surgical, WorldViz, CAE Healthcare, TheraSim and Siemens Healthcare, etc.
The global Augmented Reality and Virtual Reality in Healthcare market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Philips Healthcare
Simulaids
GE Healthcare
Virtual realities
Intuitive Surgical
WorldViz
CAE Healthcare
TheraSim
Siemens Healthcare
Vital Images
Laerdal Medical
Global Augmented Reality and Virtual Reality in Healthcare market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Augmented Reality and Virtual Reality in Healthcare market, Segment by Type:
Semiconductor Components
Sensors
Global Augmented Reality and Virtual Reality in Healthcare market, by Application
Pharmacy benefit Management
Rehabilitation and Therapeutics
Patient Care Management
Surgical and Diagnostic Imaging
Medical Training
Fitness Management
Education
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Augmented Reality and Virtual Reality in Healthcare companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The term Virtual Reality (VR) is the combination of the words virtual and reality. The word virtual means near, while reality is what is experienced by humans. Therefore, VR means ‘near-reality’. VR aims to combine human senses such as hearing, touch and sight, with software and hardware to create an immersive exploratory virtual environment. More technically, VR is a three-dimensional computer generated environment, which an individual can explore and interact with, as well as perform a series of actions or manipulate objects within the environment.
The global Augmented Reality and Virtual Reality in Healthcare market size is expected to reach US$ 4364.1 million by 2029, growing at a CAGR of 23.6% from 2023 to 2029. The market is mainly driven by the significant applications of Augmented Reality and Virtual Reality in Healthcare in various end use industries. The expanding demands from the Pharmacy benefit Management, Rehabilitation and Therapeutics, Patient Care Management and Surgical and Diagnostic Imaging, are propelling Augmented Reality and Virtual Reality in Healthcare market. Semiconductor Components, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Sensors segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Augmented Reality and Virtual Reality in Healthcare, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Augmented Reality and Virtual Reality in Healthcare market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Augmented Reality and Virtual Reality in Healthcare market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Augmented Reality and Virtual Reality in Healthcare sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Augmented Reality and Virtual Reality in Healthcare covered in this report include Philips Healthcare, Simulaids, GE Healthcare, Virtual realities, Intuitive Surgical, WorldViz, CAE Healthcare, TheraSim and Siemens Healthcare, etc.
The global Augmented Reality and Virtual Reality in Healthcare market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Philips Healthcare
Simulaids
GE Healthcare
Virtual realities
Intuitive Surgical
WorldViz
CAE Healthcare
TheraSim
Siemens Healthcare
Vital Images
Laerdal Medical
Global Augmented Reality and Virtual Reality in Healthcare market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Augmented Reality and Virtual Reality in Healthcare market, Segment by Type:
Semiconductor Components
Sensors
Global Augmented Reality and Virtual Reality in Healthcare market, by Application
Pharmacy benefit Management
Rehabilitation and Therapeutics
Patient Care Management
Surgical and Diagnostic Imaging
Medical Training
Fitness Management
Education
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Augmented Reality and Virtual Reality in Healthcare companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Augmented Reality and Virtual Reality in Healthcare
1.1 Augmented Reality and Virtual Reality in Healthcare Market Overview
1.1.1 Augmented Reality and Virtual Reality in Healthcare Product Scope
1.1.2 Augmented Reality and Virtual Reality in Healthcare Market Status and Outlook
1.2 Global Augmented Reality and Virtual Reality in Healthcare Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Augmented Reality and Virtual Reality in Healthcare Market Size by Region (2018-2029)
1.4 Global Augmented Reality and Virtual Reality in Healthcare Historic Market Size by Region (2018-2023)
1.5 Global Augmented Reality and Virtual Reality in Healthcare Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Augmented Reality and Virtual Reality in Healthcare Market Size (2018-2029)
1.6.1 North America Augmented Reality and Virtual Reality in Healthcare Market Size (2018-2029)
1.6.2 Europe Augmented Reality and Virtual Reality in Healthcare Market Size (2018-2029)
1.6.3 Asia-Pacific Augmented Reality and Virtual Reality in Healthcare Market Size (2018-2029)
1.6.4 Latin America Augmented Reality and Virtual Reality in Healthcare Market Size (2018-2029)
1.6.5 Middle East & Africa Augmented Reality and Virtual Reality in Healthcare Market Size (2018-2029)
2 Augmented Reality and Virtual Reality in Healthcare Market by Type
2.1 Introduction
2.1.1 Semiconductor Components
2.1.2 Sensors
2.2 Global Augmented Reality and Virtual Reality in Healthcare Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Augmented Reality and Virtual Reality in Healthcare Historic Market Size by Type (2018-2023)
2.2.2 Global Augmented Reality and Virtual Reality in Healthcare Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Augmented Reality and Virtual Reality in Healthcare Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Augmented Reality and Virtual Reality in Healthcare Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Augmented Reality and Virtual Reality in Healthcare Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Augmented Reality and Virtual Reality in Healthcare Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Augmented Reality and Virtual Reality in Healthcare Revenue Breakdown by Type (2018-2029)
3 Augmented Reality and Virtual Reality in Healthcare Market Overview by Application
3.1 Introduction
3.1.1 Pharmacy benefit Management
3.1.2 Rehabilitation and Therapeutics
3.1.3 Patient Care Management
3.1.4 Surgical and Diagnostic Imaging
3.1.5 Medical Training
3.1.6 Fitness Management
3.1.7 Education
3.1.8 Others
3.2 Global Augmented Reality and Virtual Reality in Healthcare Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Augmented Reality and Virtual Reality in Healthcare Historic Market Size by Application (2018-2023)
3.2.2 Global Augmented Reality and Virtual Reality in Healthcare Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Augmented Reality and Virtual Reality in Healthcare Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Augmented Reality and Virtual Reality in Healthcare Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Augmented Reality and Virtual Reality in Healthcare Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Augmented Reality and Virtual Reality in Healthcare Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Augmented Reality and Virtual Reality in Healthcare Revenue Breakdown by Application (2018-2029)
4 Augmented Reality and Virtual Reality in Healthcare Competition Analysis by Players
4.1 Global Augmented Reality and Virtual Reality in Healthcare Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Augmented Reality and Virtual Reality in Healthcare as of 2022)
4.3 Date of Key Players Enter into Augmented Reality and Virtual Reality in Healthcare Market
4.4 Global Top Players Augmented Reality and Virtual Reality in Healthcare Headquarters and Area Served
4.5 Key Players Augmented Reality and Virtual Reality in Healthcare Product Solution and Service
4.6 Competitive Status
4.6.1 Augmented Reality and Virtual Reality in Healthcare Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Philips Healthcare
5.1.1 Philips Healthcare Profile
5.1.2 Philips Healthcare Main Business
5.1.3 Philips Healthcare Augmented Reality and Virtual Reality in Healthcare Products, Services and Solutions
5.1.4 Philips Healthcare Augmented Reality and Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.1.5 Philips Healthcare Recent Developments
5.2 Simulaids
5.2.1 Simulaids Profile
5.2.2 Simulaids Main Business
5.2.3 Simulaids Augmented Reality and Virtual Reality in Healthcare Products, Services and Solutions
5.2.4 Simulaids Augmented Reality and Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.2.5 Simulaids Recent Developments
5.3 GE Healthcare
5.3.1 GE Healthcare Profile
5.3.2 GE Healthcare Main Business
5.3.3 GE Healthcare Augmented Reality and Virtual Reality in Healthcare Products, Services and Solutions
5.3.4 GE Healthcare Augmented Reality and Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.3.5 Virtual realities Recent Developments
5.4 Virtual realities
5.4.1 Virtual realities Profile
5.4.2 Virtual realities Main Business
5.4.3 Virtual realities Augmented Reality and Virtual Reality in Healthcare Products, Services and Solutions
5.4.4 Virtual realities Augmented Reality and Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.4.5 Virtual realities Recent Developments
5.5 Intuitive Surgical
5.5.1 Intuitive Surgical Profile
5.5.2 Intuitive Surgical Main Business
5.5.3 Intuitive Surgical Augmented Reality and Virtual Reality in Healthcare Products, Services and Solutions
5.5.4 Intuitive Surgical Augmented Reality and Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.5.5 Intuitive Surgical Recent Developments
5.6 WorldViz
5.6.1 WorldViz Profile
5.6.2 WorldViz Main Business
5.6.3 WorldViz Augmented Reality and Virtual Reality in Healthcare Products, Services and Solutions
5.6.4 WorldViz Augmented Reality and Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.6.5 WorldViz Recent Developments
5.7 CAE Healthcare
5.7.1 CAE Healthcare Profile
5.7.2 CAE Healthcare Main Business
5.7.3 CAE Healthcare Augmented Reality and Virtual Reality in Healthcare Products, Services and Solutions
5.7.4 CAE Healthcare Augmented Reality and Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.7.5 CAE Healthcare Recent Developments
5.8 TheraSim
5.8.1 TheraSim Profile
5.8.2 TheraSim Main Business
5.8.3 TheraSim Augmented Reality and Virtual Reality in Healthcare Products, Services and Solutions
5.8.4 TheraSim Augmented Reality and Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.8.5 TheraSim Recent Developments
5.9 Siemens Healthcare
5.9.1 Siemens Healthcare Profile
5.9.2 Siemens Healthcare Main Business
5.9.3 Siemens Healthcare Augmented Reality and Virtual Reality in Healthcare Products, Services and Solutions
5.9.4 Siemens Healthcare Augmented Reality and Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.9.5 Siemens Healthcare Recent Developments
5.10 Vital Images
5.10.1 Vital Images Profile
5.10.2 Vital Images Main Business
5.10.3 Vital Images Augmented Reality and Virtual Reality in Healthcare Products, Services and Solutions
5.10.4 Vital Images Augmented Reality and Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.10.5 Vital Images Recent Developments
5.11 Laerdal Medical
5.11.1 Laerdal Medical Profile
5.11.2 Laerdal Medical Main Business
5.11.3 Laerdal Medical Augmented Reality and Virtual Reality in Healthcare Products, Services and Solutions
5.11.4 Laerdal Medical Augmented Reality and Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.11.5 Laerdal Medical Recent Developments
6 North America
6.1 North America Augmented Reality and Virtual Reality in Healthcare Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Augmented Reality and Virtual Reality in Healthcare Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Augmented Reality and Virtual Reality in Healthcare Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Augmented Reality and Virtual Reality in Healthcare Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Augmented Reality and Virtual Reality in Healthcare Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Augmented Reality and Virtual Reality in Healthcare Market Dynamics
11.1 Augmented Reality and Virtual Reality in Healthcare Industry Trends
11.2 Augmented Reality and Virtual Reality in Healthcare Market Drivers
11.3 Augmented Reality and Virtual Reality in Healthcare Market Challenges
11.4 Augmented Reality and Virtual Reality in Healthcare Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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