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Virtual Reality in Healthcare-Global Market Insights and Sales Trends 2025
Synopsis
Virtual Reality technology is a computer-simulated environment that can recreate sensory experiences and stimulate presence in locations that are from the real world or may be from an imagined world. It has generated tremendous excitement in the healthcare industry where the applications of virtual reality technology extend to psychiatric, training, medical practice, and among other branches of medicine as a part of alternate therapies. Depression & PTSD, surgery simulation, phobia treatment, robotic surgery and skills training are the most common situations where the use of Virtual Reality Technology has proven successful.
The global Virtual Reality in Healthcare market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Virtual Reality in Healthcare in various end use industries. The expanding demands from the Hospitals, ASCs and Others,, are propelling Virtual Reality in Healthcare market. Virtual Reality Software, 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 Virtual Reality Hardware 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 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 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 Virtual Reality in Healthcare market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, 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 Virtual Reality in Healthcare covered in this report include 5DT, CAE Healthcare, Firsthand Technology, EON Reality, GE Healthcare, Intuitive Surgical, Medtronic, Mimic Technologies and Philips Healthcare, etc.
The global 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:
5DT
CAE Healthcare
Firsthand Technology
EON Reality
GE Healthcare
Intuitive Surgical
Medtronic
Mimic Technologies
Philips Healthcare
Siemens Healthineers
Surgical Science Sweden AB
Virtual Realities
Virtually Better
Vital Images
Vuzix
WorldViz
ZSpace
Global 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 Virtual Reality in Healthcare market, Segment by Type:
Virtual Reality Software
Virtual Reality Hardware
Global Virtual Reality in Healthcare market, by Application
Hospitals
ASCs
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 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
Virtual Reality technology is a computer-simulated environment that can recreate sensory experiences and stimulate presence in locations that are from the real world or may be from an imagined world. It has generated tremendous excitement in the healthcare industry where the applications of virtual reality technology extend to psychiatric, training, medical practice, and among other branches of medicine as a part of alternate therapies. Depression & PTSD, surgery simulation, phobia treatment, robotic surgery and skills training are the most common situations where the use of Virtual Reality Technology has proven successful.
The global Virtual Reality in Healthcare market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Virtual Reality in Healthcare in various end use industries. The expanding demands from the Hospitals, ASCs and Others,, are propelling Virtual Reality in Healthcare market. Virtual Reality Software, 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 Virtual Reality Hardware 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 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 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 Virtual Reality in Healthcare market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, 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 Virtual Reality in Healthcare covered in this report include 5DT, CAE Healthcare, Firsthand Technology, EON Reality, GE Healthcare, Intuitive Surgical, Medtronic, Mimic Technologies and Philips Healthcare, etc.
The global 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:
5DT
CAE Healthcare
Firsthand Technology
EON Reality
GE Healthcare
Intuitive Surgical
Medtronic
Mimic Technologies
Philips Healthcare
Siemens Healthineers
Surgical Science Sweden AB
Virtual Realities
Virtually Better
Vital Images
Vuzix
WorldViz
ZSpace
Global 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 Virtual Reality in Healthcare market, Segment by Type:
Virtual Reality Software
Virtual Reality Hardware
Global Virtual Reality in Healthcare market, by Application
Hospitals
ASCs
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 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 Virtual Reality in Healthcare
1.1 Virtual Reality in Healthcare Market Overview
1.1.1 Virtual Reality in Healthcare Product Scope
1.1.2 Virtual Reality in Healthcare Market Status and Outlook
1.2 Global Virtual Reality in Healthcare Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Virtual Reality in Healthcare Market Size by Region (2018-2029)
1.4 Global Virtual Reality in Healthcare Historic Market Size by Region (2018-2023)
1.5 Global Virtual Reality in Healthcare Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Virtual Reality in Healthcare Market Size (2018-2029)
1.6.1 North America Virtual Reality in Healthcare Market Size (2018-2029)
1.6.2 Europe Virtual Reality in Healthcare Market Size (2018-2029)
1.6.3 Asia-Pacific Virtual Reality in Healthcare Market Size (2018-2029)
1.6.4 Latin America Virtual Reality in Healthcare Market Size (2018-2029)
1.6.5 Middle East & Africa Virtual Reality in Healthcare Market Size (2018-2029)
2 Virtual Reality in Healthcare Market by Type
2.1 Introduction
2.1.1 Virtual Reality Software
2.1.2 Virtual Reality Hardware
2.2 Global Virtual Reality in Healthcare Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Virtual Reality in Healthcare Historic Market Size by Type (2018-2023)
2.2.2 Global Virtual Reality in Healthcare Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Virtual Reality in Healthcare Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Virtual Reality in Healthcare Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Virtual Reality in Healthcare Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Virtual Reality in Healthcare Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Virtual Reality in Healthcare Revenue Breakdown by Type (2018-2029)
3 Virtual Reality in Healthcare Market Overview by Application
3.1 Introduction
3.1.1 Hospitals
3.1.2 ASCs
3.1.3 Others
3.2 Global Virtual Reality in Healthcare Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Virtual Reality in Healthcare Historic Market Size by Application (2018-2023)
3.2.2 Global Virtual Reality in Healthcare Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Virtual Reality in Healthcare Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Virtual Reality in Healthcare Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Virtual Reality in Healthcare Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Virtual Reality in Healthcare Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Virtual Reality in Healthcare Revenue Breakdown by Application (2018-2029)
4 Virtual Reality in Healthcare Competition Analysis by Players
4.1 Global 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 Virtual Reality in Healthcare as of 2022)
4.3 Date of Key Players Enter into Virtual Reality in Healthcare Market
4.4 Global Top Players Virtual Reality in Healthcare Headquarters and Area Served
4.5 Key Players Virtual Reality in Healthcare Product Solution and Service
4.6 Competitive Status
4.6.1 Virtual Reality in Healthcare Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 5DT
5.1.1 5DT Profile
5.1.2 5DT Main Business
5.1.3 5DT Virtual Reality in Healthcare Products, Services and Solutions
5.1.4 5DT Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.1.5 5DT Recent Developments
5.2 CAE Healthcare
5.2.1 CAE Healthcare Profile
5.2.2 CAE Healthcare Main Business
5.2.3 CAE Healthcare Virtual Reality in Healthcare Products, Services and Solutions
5.2.4 CAE Healthcare Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.2.5 CAE Healthcare Recent Developments
5.3 Firsthand Technology
5.3.1 Firsthand Technology Profile
5.3.2 Firsthand Technology Main Business
5.3.3 Firsthand Technology Virtual Reality in Healthcare Products, Services and Solutions
5.3.4 Firsthand Technology Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.3.5 EON Reality Recent Developments
5.4 EON Reality
5.4.1 EON Reality Profile
5.4.2 EON Reality Main Business
5.4.3 EON Reality Virtual Reality in Healthcare Products, Services and Solutions
5.4.4 EON Reality Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.4.5 EON Reality Recent Developments
5.5 GE Healthcare
5.5.1 GE Healthcare Profile
5.5.2 GE Healthcare Main Business
5.5.3 GE Healthcare Virtual Reality in Healthcare Products, Services and Solutions
5.5.4 GE Healthcare Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.5.5 GE Healthcare Recent Developments
5.6 Intuitive Surgical
5.6.1 Intuitive Surgical Profile
5.6.2 Intuitive Surgical Main Business
5.6.3 Intuitive Surgical Virtual Reality in Healthcare Products, Services and Solutions
5.6.4 Intuitive Surgical Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.6.5 Intuitive Surgical Recent Developments
5.7 Medtronic
5.7.1 Medtronic Profile
5.7.2 Medtronic Main Business
5.7.3 Medtronic Virtual Reality in Healthcare Products, Services and Solutions
5.7.4 Medtronic Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.7.5 Medtronic Recent Developments
5.8 Mimic Technologies
5.8.1 Mimic Technologies Profile
5.8.2 Mimic Technologies Main Business
5.8.3 Mimic Technologies Virtual Reality in Healthcare Products, Services and Solutions
5.8.4 Mimic Technologies Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.8.5 Mimic Technologies Recent Developments
5.9 Philips Healthcare
5.9.1 Philips Healthcare Profile
5.9.2 Philips Healthcare Main Business
5.9.3 Philips Healthcare Virtual Reality in Healthcare Products, Services and Solutions
5.9.4 Philips Healthcare Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.9.5 Philips Healthcare Recent Developments
5.10 Siemens Healthineers
5.10.1 Siemens Healthineers Profile
5.10.2 Siemens Healthineers Main Business
5.10.3 Siemens Healthineers Virtual Reality in Healthcare Products, Services and Solutions
5.10.4 Siemens Healthineers Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.10.5 Siemens Healthineers Recent Developments
5.11 Surgical Science Sweden AB
5.11.1 Surgical Science Sweden AB Profile
5.11.2 Surgical Science Sweden AB Main Business
5.11.3 Surgical Science Sweden AB Virtual Reality in Healthcare Products, Services and Solutions
5.11.4 Surgical Science Sweden AB Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.11.5 Surgical Science Sweden AB Recent Developments
5.12 Virtual Realities
5.12.1 Virtual Realities Profile
5.12.2 Virtual Realities Main Business
5.12.3 Virtual Realities Virtual Reality in Healthcare Products, Services and Solutions
5.12.4 Virtual Realities Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.12.5 Virtual Realities Recent Developments
5.13 Virtually Better
5.13.1 Virtually Better Profile
5.13.2 Virtually Better Main Business
5.13.3 Virtually Better Virtual Reality in Healthcare Products, Services and Solutions
5.13.4 Virtually Better Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.13.5 Virtually Better Recent Developments
5.14 Vital Images
5.14.1 Vital Images Profile
5.14.2 Vital Images Main Business
5.14.3 Vital Images Virtual Reality in Healthcare Products, Services and Solutions
5.14.4 Vital Images Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.14.5 Vital Images Recent Developments
5.15 Vuzix
5.15.1 Vuzix Profile
5.15.2 Vuzix Main Business
5.15.3 Vuzix Virtual Reality in Healthcare Products, Services and Solutions
5.15.4 Vuzix Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.15.5 Vuzix Recent Developments
5.16 WorldViz
5.16.1 WorldViz Profile
5.16.2 WorldViz Main Business
5.16.3 WorldViz Virtual Reality in Healthcare Products, Services and Solutions
5.16.4 WorldViz Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.16.5 WorldViz Recent Developments
5.17 ZSpace
5.17.1 ZSpace Profile
5.17.2 ZSpace Main Business
5.17.3 ZSpace Virtual Reality in Healthcare Products, Services and Solutions
5.17.4 ZSpace Virtual Reality in Healthcare Revenue (US$ Million) & (2018-2023)
5.17.5 ZSpace Recent Developments
6 North America
6.1 North America Virtual Reality in Healthcare Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe 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 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 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 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 Virtual Reality in Healthcare Market Dynamics
11.1 Virtual Reality in Healthcare Industry Trends
11.2 Virtual Reality in Healthcare Market Drivers
11.3 Virtual Reality in Healthcare Market Challenges
11.4 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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