May 19, 2024

The latest report by Fortune Business Insights, titled ‘Virtual Reality in Healthcare 2024 Size, Trends, Share, Growth, Dynamics, Competition, and Opportunity Forecast, 2024 – 2032,’ provides a thorough analysis of the global Virtual Reality in Healthcare . The report meticulously examines both macro and micro trends, offering insights into the dynamic factors influencing the market. It encompasses a detailed exploration of qualitative and quantitative aspects, delivering a precise depiction of market size, growth rates, annual progression, prevailing trends, key drivers, promising opportunities, and potential challenges. Additionally, the report highlights the impact of crucial events such as technological advancements and regulatory frameworks on the Virtual Reality in Healthcare landscape. This exhaustive examination equips businesses and stakeholders with invaluable intelligence for making informed decisions in the evolving Virtual Reality in Healthcare .

The global Virtual Reality (VR) in healthcare market size was valued at USD 2.33 billion in 2022 and is projected to grow from USD 3.11 billion in 2023 to USD 25.22 billion by 2030, exhibiting a CAGR of 34.9% during the forecast period.

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Driving Factor:

Wearable Technology Trend and Investment in Pain Management to Foster Growth Potentials

The rising trend for wearables, including fitness trackers, fit bands, rings, headsets and goggles, will underpin Virtual Reality in Healthcare Market share. VR headsets have become sought-after to treat mental health in real-time. Technological advancements will play a vital role in spurring the role of VR in wearable gadgets. There is rising footfall of patient therapy applications such as damage evaluation and rehabilitation, pain management, PTSD, and stroke recovery. Prominently, medical experts have exhibited traction for virtual reality technologies to treat PTSD in combat veterans.

Technical shortcomings, such as computer specifications and the available resolution, could dent the industry growth.

Report Highlights:

  • A comprehensive overview of the Virtual Reality in Healthcare
  • Significant factors boosting, restricting, challenging and providing an opportunity to the market
  • Key insights and major industry developments
  • Significant players functioning in the Virtual Reality in Healthcare
  • Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
  • Other market trends

Virtual Reality in Healthcare Segments:

By Component

  • Hardware
  • Software
  • Content

By Application

  • Pain Management
  • Education & Training
  • Surgery
  • Patient Care Management
  • Rehabilitation and Therapy Procedures
  • Post-Traumatic Stress Disorder (PTSD)

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Top most manufacturers/ Key player by Business Leaders Leading Players of Virtual Reality in Healthcare :

  • Koninklijke Philips N.V. (Netherlands)
  • Samsung Electronics Co. Ltd. (South Korea)
  • EON Reality (U.S.)
  • CAE Healthcare (U.S.)
  • Oculus Rift (Facebook Inc.) (U.S.)
  • Medical Realities Ltd. (U.K.)
  • XRHealth USA Inc. (U.S.)
  • Amelia (formerly Psious VR) (Spain)
  • HTC Corporation (Taiwan)
  • Sony Corporation (Japan)

Regional Analysis for Virtual Reality in Healthcare :

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)

Frequently Asked Questions (FAQs):

  • What is the current market scenario?
  • What was the historical demand scenario, and forecast outlook from 2023 to 2030?
  • What are the key market dynamics influencing growth in the Global Virtual Reality in Healthcare ?
  • Who are the prominent players in the Global Virtual Reality in Healthcare ?
  • What is the consumer perspective in the Global Virtual Reality in Healthcare ?
  • What are the key demand-side and supply-side trends in the Global Virtual Reality in Healthcare ?
  • What are the largest and the fastest-growing geographies?
  • Which segment dominated and which segment is expected to grow fastest?
  • What was the COVID-19 impact on the Global Virtual Reality in Healthcare ?

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Table of Contents

Industry Overview:

  • Market definition and segmentation
  • Industry trends and drivers
  • Regulatory environment

Virtual Reality in Healthcare  Size and Forecast:

  • Historical market size and growth
  • Current market size and trends
  • Forecast for the future

Competitive Landscape:

  • Key players in the market
  • Market share analysis
  • SWOT analysis of major competitors

Customer Analysis:

  • Target customer demographics
  • Buying behavior and preferences
  • Customer satisfaction and feedback

Product/Service Analysis:

  • Overview of products/services in the market
  • Features and benefits
  • Pricing strategies

Virtual Reality in Healthcare  Trends:

  • Emerging trends in the industry
  • Technological advancements
  • Shifts in consumer behavior

TOC Continued…

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