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Virtual Reality (VR) in Healthcare Market 2023 Analysis, Top Countries Data, Major Manufacturers and Forecast 2028

According to the latest report by IMARC Group, titled “Virtual Reality (VR) in Healthcare Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global virtual reality (VR) in healthcare market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global virtual reality (VR) In healthcare market size reached US$ 657.0 Million in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 3,366.1 Million by 2028, exhibiting a growth rate (CAGR) of 29.5% during 2023-2028.

Virtual reality (VR) in healthcare enables both healthcare professionals and patients to interact in simulated environments tailored for medical education, rehabilitation, and pain management. It can be segmented into several types based on technology, such as head-mounted, gesture-tracking, projector, and display walls, etc.

The solutions of VR in healthcare aid patients and doctors to communicate from anywhere, evaluate medical progress in real-time, and make for more practical theoretical learning for medical students ensuring they acquire hands-on skills in risk-free conditions. They even prove highly effective in performing mock surgeries and assisting patients dealing with mental health issues and depression, thereby making them feel safer and more comfortable. Consequently, VR in healthcare procedures are extensively used in hospitals, clinics, and research laboratories, across countries.

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Market Trends 

The increasing adoption of connected devices in healthcare establishments is primarily driving the virtual reality (VR) in healthcare market. In addition to this, the escalating advancements in dependable medical software and hardware development are acting as significant growth-inducing factors. Furthermore, the launch of smart wearable VR devices, including fitness trackers, goggles, rings, fit bands, and headsets, is also positively influencing the market growth. Apart from this, the growing geriatric population and the elevating incidences of numerous chronic and lifestyle health disorders among the masses are further catalyzing the global market.

Moreover, inflating investments in research and development activities (R&D), the rising innovations in mobile applications and telemedicine, and the expanding demand for VR technologies in pain management and post-traumatic stress disorder (PTSD) therapies are expected to stimulate the virtual reality (VR) in healthcare market over the forecasted period.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.



AppliedVR Inc., EchoPixel Inc., EON Reality, Firsthand Technology Inc., ImmersiveTouch Inc., Koninklijke Philips N.V., Microsoft Corporation, Siemens Healthineers AG (Siemens AG), Surgical Science Sweden AB, SyncThink Inc., Virtually Better Inc. and XRHealth.

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Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Component:

  • Hardware
  • Software and Services

Breakup by Technology:

  • Head-Mounted
  • Gesture-Tracking
  • Projector and Display Walls

Breakup by Product:

  • VR Semiconductor Components
  • VR Devices
  • VR Sensors
  • Others

Breakup by Application:

  • Pain Management
  • Medical Training and Education
  • Surgery
  • Patient Care Management
  • Rehabilitation and Therapy Procedures
  • Others

Breakup by End User:

  • Hospitals and Clinics
  • Research Laboratories
  • Others

Regional Insights:

  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America

On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.

If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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