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Augmented Reality & Virtual Reality in Healthcare Market - Forecast (2020 - 2025)

  • ID: 2788615
  • Report
  • March 2020
  • Region: Global
  • 104 Pages
  • IndustryARC
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Augmented Realty and Virtual Reality in Healthcare  Market Overview:

Augmented Realty is the augmentation of a real or material world with a computer generated sensory input. Virtual reality on the other hand means the simulation of a computer generated three dimensional environment interactional without any interference with the physical world. The major point of Augmented and virtual reality being used in the medical environment is their use of 3D effect that helps for a thorough investigation of the part that is affected and helps the doctors to plan the critical surgeries accordingly. These technologies also help in reducing the anxiety disorders. The movements of body parts can also be tracked easily with the Virtual Reality treatment. It also helps in prevailing over the fears that are caused to an individual like water phobia, height phobia and many more. The Augmented Reality and Virtual Reality is valued at $543.23 million in 2017 and is projected to grow to $1467.83 million by 2023 expected to grow at a CAGR of18.02%.

Augmented Realty and Virtual Reality in Healthcare  Market Outlook:

Augmented Realty and Virtual Reality can be used in a variety of disciplines like surgical applications, medical practitioner courses. They help in visualizing the parts in a three-dimensional way which makes the job of a doctor easy. They also help patients to know exactly the problem they are suffering with and helps them to analyze the parts that they are operated up on by the doctors. A product called AccuVein helps clinicians to know the position of veins and the blood circulation. SimX has developed a new simulator to provide its applications in healthcare training and offers a better and a high-definition image that can be projected anywhere like in an operating room, clinics, patient’s room.

Augmented Realty and Virtual Reality in Healthcare Market Growth drivers:

The major drivers for the Augmented Realty and Virtual Reality in Healthcare market is the increasing demand for robotic surgeries instead of by-pass surgeries and rising demand for cardiovascular surgeries is a major driver for the Augmented and virtual reality market. The recovery time with these technologies is much less compared to the other surgeries. The improvement in the skills of trainees by learning surgical procedures using this technology is also a driver for the Augmented and Virtual reality in medical field. The increased spinal problems and brain related issues is a driver in this market.

Augmented Realty and Virtual Reality in Healthcare  Market Challenges:

The major challenge in the Augmented Realty and Virtual Reality in Healthcare market is the lack of visualizing the depth where there is a chance of making mistakes in the surgeries. The other challenge is the strain that is caused to eyes due to watching screen continuously for longer durations. The low battery capacity that is the battery lasts only for five hours where the battery has to be charged again when the surgery takes long time which is also a challenge in this market. The other major challenge is the equipment cost which is very high where all the hospitals cannot employ these equipment.

Augmented Reality & Virtual Reality in Healthcare Market

Augmented Realty and Virtual Reality in Healthcare  Market Research Scope:

The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Superabsorbent Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of plastics in the electric vehicle market, and their specific applications in different types of vehicles.

Augmented Realty and Virtual Reality in Healthcare  Market Report: Industry Coverage

Augmented Realty and Virtual Reality in Healthcare Market– By Type: Augmented Reality, Virtual Reality

Augmented Realty and Virtual Reality in Healthcare Market– By Components: Hardware and software

Augmented Realty and Virtual Reality in Healthcare Market– By Process used: Rehabilitation, Training simulators, Diagnostics, Medical training and others.

Augmented Realty and Virtual Reality in Healthcare Market– By Application: Patient care management, Education, Surgeries and others.

Augmented Realty and Virtual Reality in Healthcare Market– By End-user industries: Hospitals, Clinics, Surgical centers, research organizations and others.

The Augment Reality and Virtual Reality in healthcare Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:

  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • Middle East and Africa: Israel, South Africa, Saudi Arabia

Augmented Realty and Virtual Reality in Healthcare  Market Key Players Perspective:

Some of the Key players in this market that have been studied for this report include: CAE Health Care, Intuitive Surgical, Hologic Inc., Philips Health care, Microsoft, Siemens Health Care, Atheer, Augmedix and many more.

Market Research and Market Trends of Augmented Realty and Virtual Reality in Healthcare  Market

  • SynchronizAR, a device where Ultra-band width based measurement is attached to the AR mobile devices is being used in the Neurosurgery operation rooms. This helps neurosurgeons to visualize the critical data without changing any operative methods.
  • The Food and Drug Administration (FDA) has approved the use of Microsoft HoloLens augmented reality for the surgeries.
  • Hologic, Inc., a one of the key players in augmented reality market has acquired Focal Therapeutics for $125 million. This acquisition will help in strengthening the Company’s position in the rapidly growing market for breast conserving surgery.
  • The European Respiratory Society AND 3D systems have collaborated to provide equipment for simulation in training centers of Endobronchial Ultrasound Certified Training Program. This helps the trainees to develop their skills in learning the invasive procedure of lung cancer and also in diagnosing diseases like Sarcoidosis, Tuberculosis


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1. Augmented Realty and Virtual Reality in Healthcare Market - Overview
1.1. Definitions and Scope

2. Augmented Realty and Virtual Reality in Healthcare Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography

3. Augmented Realty and Virtual Reality in Healthcare Market
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis

4. Augmented Realty and Virtual Reality in Healthcare Market Forces
4.1. Drivers
4.2. Constraints
4.3. Challenges
4.4. Porters five force model
4.4.1. Bargaining power of suppliers
4.4.2. Bargaining powers of customers
4.4.3. Threat of new entrants
4.4.4. Rivalry among existing players
4.4.5. Threat of substitutes

5. Augmented Realty and Virtual Reality in Healthcare Market -Strategic analysis
5.1. Value chain analysis
5.2. Opportunities analysis
5.3. Product life cycle

6. Augmented Realty and Virtual Reality in Healthcare Market– By Build-up system (Market Size -$Million / $Billion)
6.1. Hardware
6.1.1 Cameras
6.1.2 Sensors
6.1.2.1. Accelerometers
6.1.2.2. Gyroscope
6.1.2.3. Magnetometer
6.1.2.4. Proximity sensors
6.1.2.5. Global positioning systems
6.1.2.6. Solid state compass
6.1.3 Eyeglasses
6.1.4 Displays
6.1.5 Projectors
6.1.6 Others
6.2. Software
6.2.1 AutoCad3D
6.2.2 StudioMax
6.2.3 Cinema4D
6.3. Remote server

7. Augmented Realty and Virtual Reality in Healthcare Market– By Type (Market Size -$Million / $Billion)
7.1. Augmented Reality
7.1.1 Wearable Augmented Reality
7.1.2 Mobile Device based Augmented Reality
7.1.3 Vision based Augmented Reality system
7.1.4 Spatial Augmented Reality
7.2. Virtual Reality
7.2.1 Semi-immersive VR system
7.2.2 Fully-immersive VR system
7.2.3 Non-immersive VR system

8. Augmented Realty and Virtual Reality in Healthcare Market– By Application (Market Size -$Million / $Billion)
8.1. Segment type Size and Market Share Analysis
8.2. Application Revenue and Trends by type of Application
8.3. Application Segment Analysis by Type
8.3.1. Surgical application
8.3.1.1 Robotic surgery
8.3.1.2 Surgical pre-operative assessment
8.3.2 Medical practitioner courses
8.3.2.1 Simulators
8.3.2.1.1 Surgical simulators
8.3.2.1.1.1 Neurosurgery
8.3.2.1.1.2 Laparoscopic & Endoscopic
8.3.2.1.1.3 Others
8.3.2.1.2 Imaging simulators
8.3.2.1.2.1 Ultrasound applications
8.3.2.1.2.2 Computed Scan Tomography
8.3.2.2 Patient simulators
8.3.2.3 High fidelity and low-field simulators
8.3.2.3.1 Manikin specifications
8.3.2.4 Task Trainers
8.3.2.4.1 Bariatric suits
8.3.2.4.2 Masks
8.3.2.5 Performance Recorders
8.3.2.6 Simulation training
8.3.2.6.1 Lab design
8.3.2.6.2 Educational societies
8.3.2.6.3 Staff training
8.3.2.6.4 Others
8.3.3 Rehabilitation
8.3.3.1 Stroke and traumatic brain injury
8.3.1.2 Burns
8.3.4 Others
8.4 Virtual Reality
8.4.1Simulation
8.4.2 Dental simulation
8.4.3 Imaging simulation
8.4.3.1 Magnetic Resonance Imaging Simulation
8.4.3.2 Positron Emission Tomography (PET) Simulation
8.4.4 Rehabilitation
8.4.4.1 Physical Rehabilitation
8.4.4.2 Cognitive Rehabilitation
8.4.4.3 Tele Rehabilitation
8.4.5 Virtual Reality Exposure Therapy
8.4.5.1 PTSD treatment
8.4.5.2 Phobia treatment
8.4.6 Pain distraction
8.4.7 Interventional and surgical simulations
8.4.7.1 Cardiovascular simulations
8.4.7.2 Endovascular simulations
8.4.7.3 IV simulators
8.4.8 Others

9. Augmented Realty and Virtual Reality in Healthcare Market– By End-user industry (Market Size -$Million / $Billion)
9.1 Segment type Size and Market Share Analysis
9.2 Application Revenue and Trends by type of Application
9.3 Application Segment Analysis by Type
9.3.1 Hospitals
9.3.2 Surgical centers
9.3.3 Research organizations
9.3.4 Pharmaceutical companies
9.3.5 Others

10. Augmented Realty and Virtual Reality in Healthcare Market- By Geography (Market Size -$Million / $Billion)
10.1. Augmented Realty and Virtual Reality in Healthcare Market - North America Segment Research
10.2. North America Market Research (Million / $Billion)
10.2.1. Segment type Size and Market Size Analysis
10.2.2. Revenue and Trends
10.2.3. Application Revenue and Trends by type of Application
10.2.4. Company Revenue and Product Analysis
10.2.5. North America Product type and Application Market Size
10.2.5.1. U.S.
10.2.5.2. Canada
10.2.5.3. Mexico
10.2.5.4. Rest of North America
10.3. Augmented Realty and Virtual Reality in Healthcare Market- South America Segment Research
10.4. South America Market Research (Market Size -$Million / $Billion)
10.4.1. Segment type Size and Market Size Analysis
10.4.2. Revenue and Trends
10.4.3. Application Revenue and Trends by type of Application
10.4.4. Company Revenue and Product Analysis
10.4.5. South America Product type and Application Market Size
10.4.5.1. Brazil
10.4.5.2. Venezuela
10.4.5.3. Argentina
10.4.5.4. Ecuador
10.4.5.5. Peru
10.4.5.6. Colombia
10.4.5.7. Costa Rica
10.4.5.8. Rest of South America
10.5. Augmented Realty and Virtual Reality in Healthcare Market- Europe Segment Research
10.6. Europe Market Research (Market Size -$Million / $Billion)
10.6.1. Segment type Size and Market Size Analysis
10.6.2. Revenue and Trends
10.6.3. Application Revenue and Trends by type of Application
10.6.4. Company Revenue and Product Analysis
10.6.5. Europe Segment Product type and Application Market Size
10.6.5.1. U.K
10.6.5.2. Germany
10.6.5.3. Italy
10.6.5.4. France
10.6.5.5. Netherlands
10.6.5.6. Belgium
10.6.5.7. Spain
10.6.5.8. Denmark
10.6.5.9. Rest of Europe
10.7. Augmented Realty and Virtual Reality in Healthcare Market– APAC Segment Research
10.8. APAC Market Research (Market Size -$Million / $Billion)
10.8.1. Segment type Size and Market Size Analysis
10.8.2. Revenue and Trends
10.8.3. Application Revenue and Trends by type of Application
10.8.4. Company Revenue and Product Analysis
10.8.5. APAC Segment – Product type and Application Market Size
10.8.5.1. China
10.8.5.2. Australia
10.8.5.3. Japan
10.8.5.4. South Korea
10.8.5.5. India
10.8.5.6. Taiwan
10.8.5.7. Malaysia
10.8.5.8. Hong Kong
10.8.5.9. Rest of APAC
10.9. Augmented Realty and Virtual Reality in Healthcare Market– Middle East Segment and Africa Segment Research
10.10. Middle East & Africa Market Research (Market Size -$Million / $Billion)
10.10.1. Segment type Size and Market Size Analysis
10.10.2. Revenue and Trend Analysis
10.10.3. Application Revenue and Trends by type of Application
10.10.4. Company Revenue and Product Analysis
10.10.5. Middle East Segment Product type and Application Market Size
10.10.5.1. Israel
10.10.5.2. Saudi Arabia
10.10.5.3. UAE
10.10.6. Africa Segment Analysis
10.10.6.1. South Africa
10.10.6.2. Rest of Middle East & Africa

11. Augmented Realty and Virtual Reality in Healthcare Market - Entropy
11.1. New product launches
11.2. M&A's, collaborations, JVs and partnerships

12. Augmented Realty and Virtual Reality in Healthcare Market Company Analysis
12.1. Market Share, Company Revenue, Products, M&A, Developments
12.2. CAE Health Care
12.3. Intuitive Surgical
12.4. Hologic Inc.
12.5. Philips Health care
12.6. Microsoft
12.7. Siemens Health Care
12.8. Atheer
12.9. Augmedix

13. Augmented Realty and Virtual Reality in Healthcare Market -Appendix
13.1. Abbreviations
13.2. Sources
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