Immersive Technology in Healthcare

The Immersive Technology in Healthcare market industry is projected to grow from USD 1.19 Billion in 2023 to USD 5.47 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 18.5% during the forecast period (2023 – 2032).

Market Overview

Immersive technologies such as augmented reality (AR), virtual reality (VR), and mixed reality (MR) are transforming healthcare services through 3D visualization, digital twinning, telepresence, and simulation-based training.

Based on technology, the immersive healthcare market is segmented into AR, VR, and MR. The AR segment accounted for the largest share in 2021 owing to high adoption in medical training and education.

Based on solution, the market is bifurcated into VR surgical simulation, VR robotic surgery, AR surgical navigation, holographic imaging, and others. VR surgical simulation accounted for the dominant share in 2021.

Key Market Segments

By Technology:

  • Augmented Reality
  • Virtual Reality
  • Mixed Reality

By Solution:

  • VR Surgical Simulation
  • VR Robotic Surgery
  • AR Surgical Navigation
  • Holographic Imaging
  • Other Solutions

By Application:

  • Surgery Simulation
  • Telemedicine
  • Medical Training
  • Rehabilitation
  • Pain Management
  • Other Applications

Key Companies

Some of the major companies operating in the immersive technology in healthcare market are:

  • Microsoft
  • Google
  • Mindmaze
  • Eon Reality
  • Orca Health
  • Brain Power
  • Koninklijke Philips
  • Siemens Healthineers
  • GE Healthcare
  • Thermo Fisher Scientific

These players are adopting organic and inorganic strategies such as collaborations, partnerships, mergers & acquisitions to expand their offerings and strengthen market foothold.

Market Drivers

The key factors driving the growth of the immersive technology in healthcare market are:

  • Enhanced Visualization: Immersive solutions provide 3D visualization for better surgical planning, medical training, rehabilitation monitoring etc.
  • Patient Care & Safety: AR/VR reduces human errors, provides accurate guidance for complex surgeries and improves patient outcomes.
  • Medical Education & Training: AR/VR enables interactive learning through reconstruction of anatomy and simulated environments.
  • Telehealth & Telemedicine: Immersive technologies facilitates remote doctor-patient consultation, telemonitoring of patients, and expert collaboration.
  • Technological Advancements: Rapid advancements in spatial computing, haptics, AI, 5G connectivity, wearables and other technologies is supporting immersive solution adoption.

Browse In-depth Market Research Report (128 Pages, Charts, Tables, Figures) on Immersive Technology in Healthcare Market –

https://www.marketresearchfuture.com/reports/immersive-technology-in-healthcare-market-12243

Regional Insights

North America accounted for the largest revenue share in 2021. Asia Pacific market will expand at a high CAGR over 2022-2027 due to increasing adoption of immersive technologies in China, Japan and India.

Industry Latest News

In June 2022, Koninklijke Philips launched its mixed reality image-guided therapy platform Azurion for minimally-invasive procedures. In May 2022, Orca Health raised $80 million to expand its VR platforms for patient education and engagement. In March 2022, Sterilis Medical partnered with VirtaMed to implement VR-based surgical training programs for hospitals.

The application of immersive technologies in the healthcare sector is expected to increase substantially over the coming years, driven by advancements in VR/AR and their ability to enhance clinical workflows, improve patient outcomes and increase access to quality care.

 
Related Reports

Secure Access Services Edge (SASE) Market –
https://divakarmrfr.shotblogs.com/secure-access-services-edge-market-competitive-analysis-segmentation-and-opportunity-assessment-2032-36148405

Mission Critical Communication (MCX) Market –
https://marketresearchfuture.blogzet.com/mission-critical-communication-market-statistics-business-opportunities-competitive-landscape-and-industry-analysis-re-36863823

AI in cybersecurity Market –
https://bowfile.com/5D82

Container Security Market –
https://vidone.net/2d398b8caeb85bc5/Container_Security_Market_pdf.pdf

About US – 

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Also, we are launching “  Wantstats  ” the premier statistics portal for market data in comprehensive charts and stats format, providing forecasts, regional and segment analysis. Stay informed and make data-driven decisions with Wantstats.

Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email:    sales@ marketresearchfuture.com
Website:    https://www.marketresearchfuture.com

Related Post