This report provides market value for healthcare virtual & augmented reality components, applications and six geographies with 2013 & 2014 as base values and forecast from 2015 to 2019. The global healthcare virtual & augmented reality systems market was valued at US$ 724.1 million in 2015 and is forecast to grow to US$ 2,582.1 million by 2020 at a CAGR of 28.6% from 2016 to 2020. Virtual reality and augmented reality are created through advanced electronic technologies that are able to project highly realistic images to individuals for a variety of purposes. Until recently, VR/AR technology was employed into the fields of gaming, real estate, shopping, entertainment and tourism. In recent years the technology has been successfully employed into core medical and healthcare areas. The technology is now used in medical applications such as dentistry, orthopedics, most minimally invasive surgeries and robotic surgeries. The ability to envision patient’s internal organs and plan a strategy for surgery will save numerous lives across the world. A large number of delicate procedures result in bad patient outcomes simply due to unforeseen complications. VR/AR technology will enable medical professionals to carry out procedures even before completing it on the patient themselves in order to prepare for any untoward incidences.
- Fully immersive VR to drive the growth for immersion therapy areas such as depression and phobia.
- Growing demand from medical schools for virtual training.
- High growth in demand for VR in robotic surgeries.
- Global rise in demand for increase in surgical planning.
- Technological limitations continue to restrict growth.
- Virtual and augmented reality systems require intensive technical expertise to maintain.
Applications Market Covered In This Report:
- Training & Planning
- Robotic & Minimally Invasive Surgery Simulation
- Immersion Therapy
- Medical Research & Development
Virtual Reality & Augmented Reality Components Market Covered In This Report:
- Tracking Sensors
- Haptic Hand Controllers
- Feedback Gloves
- Haptic Body Units
- Haptic Foot Devices and Treadmills
- Desktop Display Systems
- Head Mounted Display Systems
- 3D Systems (Symbionix)
- Barco Electronic Systems Pvt. Ltd.
- Brainlab AG
- CAE Healthcare
- Dassault Systems
Spearhead Acuity Business Research & Consulting Private Limited (SA-BRC) is a premium Life Science business intelligence and data analytics firm. SA-BRC team offers a wide range of business intelligence services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals, Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the entire value chain of healthcare industry. Our research and consulting capabilities extend across several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.
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