Technavio has been monitoring the virtual reality market in healthcare market and is forecast to grow by USD 9,019.06 mn during 2022-2027, accelerating at a CAGR of 32.85% during the forecast period. Our report on the virtual reality market in healthcare market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for healthcare services, improved quality of products and services in healthcare, and advantages of virtual reality in healthcare.
Technavio's virtual reality market in healthcare market is segmented as below:
By Component
By End-user
- Research and diagnostics
- Hospitals and clinics
- Others
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the advent of Industry 4.0 as one of the prime reasons driving the virtual reality market in healthcare market growth during the next few years. Also, increasing adoption of data-based decision-making and rapid improvements in sensor technology will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the virtual reality market in healthcare market covers the following areas:
- Virtual reality market in healthcare market sizing
- Virtual reality market in healthcare market forecast
- Virtual reality market in healthcare market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading virtual reality market in healthcare market vendors that include Alphabet Inc., Augmedix Inc, BioflightVR, CAE Inc., Dassault Systemes SE, Eon Reality Inc., Firsthand Technology Inc., GE Healthcare Technologies Inc., HTC Corp., Intuitive Surgical Inc., Koninklijke Philips NV, Medical Realities Ltd., Meta Platforms Inc., MindMaze SA, Samsung Electronics Co. Ltd., Siemens AG, Sony Group Corp., Teladoc Health Inc., XRHealth USA Inc., and Psico Smart Apps SL. Also, the virtual reality market in healthcare market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary - Chart on Market Overview
- Exhibit 02: Executive Summary - Data Table on Market Overview
- Exhibit 03: Executive Summary - Chart on Global Market Characteristics
- Exhibit 04: Executive Summary - Chart on Market by Geography
- Exhibit 05: Executive Summary - Chart on Market Segmentation by Component
- Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary - Chart on Incremental Growth
- Exhibit 08: Executive Summary - Data Table on Incremental Growth
- Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global virtual reality market in healthcare sector 2017 - 2021
- Exhibit 18: Historic Market Size - Data Table on global virtual reality market in healthcare sector 2017 - 2021 ($ million)
- 4.2 Component Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size - Component Segment 2017 - 2021 ($ million)
- 4.3 End-user Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size - End-user Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Component
- 6.1 Market segments
- Exhibit 30: Chart on Component - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Component - Market share 2022-2027 (%)
- 6.2 Comparison by Component
- Exhibit 32: Chart on Comparison by Component
- Exhibit 33: Data Table on Comparison by Component
- 6.3 Software - Market size and forecast 2022-2027
- Exhibit 34: Chart on Software - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Software - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Software - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Software - Year-over-year growth 2022-2027 (%)
- 6.4 Services - Market size and forecast 2022-2027
- Exhibit 38: Chart on Services - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Services - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Services - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Services - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Component
- Exhibit 42: Market opportunity by Component ($ million)
- Exhibit 43: Data Table on Market opportunity by Component ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 46: Chart on Comparison by End-user
- Exhibit 47: Data Table on Comparison by End-user
- 7.3 Research and diagnostics - Market size and forecast 2022-2027
- Exhibit 48: Chart on Research and diagnostics - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Research and diagnostics - Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Research and diagnostics - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Research and diagnostics - Year-over-year growth 2022-2027 (%)
- 7.4 Hospitals and clinics - Market size and forecast 2022-2027
- Exhibit 52: Chart on Hospitals and clinics - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Hospitals and clinics - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Hospitals and clinics - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Hospitals and clinics - Year-over-year growth 2022-2027 (%)
- 7.5 Others - Market size and forecast 2022-2027
- Exhibit 56: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by End-user
- Exhibit 60: Market opportunity by End-user ($ million)
- Exhibit 61: Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2022-2027 (%)
- Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 UK - Market size and forecast 2022-2027
- Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.12 Canada - Market size and forecast 2022-2027
- Exhibit 103: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ million)
- Exhibit 108: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 112: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 113: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 12.3 Alphabet Inc.
- Exhibit 115: Alphabet Inc. - Overview
- Exhibit 116: Alphabet Inc. - Business segments
- Exhibit 117: Alphabet Inc. - Key news
- Exhibit 118: Alphabet Inc. - Key offerings
- Exhibit 119: Alphabet Inc. - Segment focus
- 12.4 Augmedix Inc
- Exhibit 120: Augmedix Inc - Overview
- Exhibit 121: Augmedix Inc - Product / Service
- Exhibit 122: Augmedix Inc - Key offerings
- 12.5 CAE Inc.
- Exhibit 123: CAE Inc. - Overview
- Exhibit 124: CAE Inc. - Product / Service
- Exhibit 125: CAE Inc. - Key offerings
- 12.6 Dassault Systemes SE
- Exhibit 126: Dassault Systemes SE - Overview
- Exhibit 127: Dassault Systemes SE - Product / Service
- Exhibit 128: Dassault Systemes SE - Key news
- Exhibit 129: Dassault Systemes SE - Key offerings
- 12.7 Eon Reality Inc.
- Exhibit 130: Eon Reality Inc. - Overview
- Exhibit 131: Eon Reality Inc. - Product / Service
- Exhibit 132: Eon Reality Inc. - Key offerings
- 12.8 Firsthand Technology Inc.
- Exhibit 133: Firsthand Technology Inc. - Overview
- Exhibit 134: Firsthand Technology Inc. - Product / Service
- Exhibit 135: Firsthand Technology Inc. - Key offerings
- 12.9 HTC Corp.
- Exhibit 136: HTC Corp. - Overview
- Exhibit 137: HTC Corp. - Product / Service
- Exhibit 138: HTC Corp. - Key offerings
- 12.10 Koninklijke Philips NV
- Exhibit 139: Koninklijke Philips NV - Overview
- Exhibit 140: Koninklijke Philips NV - Business segments
- Exhibit 141: Koninklijke Philips NV - Key news
- Exhibit 142: Koninklijke Philips NV - Key offerings
- Exhibit 143: Koninklijke Philips NV - Segment focus
- 12.11 Medical Realities Ltd.
- Exhibit 144: Medical Realities Ltd. - Overview
- Exhibit 145: Medical Realities Ltd. - Product / Service
- Exhibit 146: Medical Realities Ltd. - Key offerings
- 12.12 Meta Platforms Inc.
- Exhibit 147: Meta Platforms Inc. - Overview
- Exhibit 148: Meta Platforms Inc. - Business segments
- Exhibit 149: Meta Platforms Inc. - Key offerings
- Exhibit 150: Meta Platforms Inc. - Segment focus
- 12.13 Psico Smart Apps SL
- Exhibit 151: Psico Smart Apps SL - Overview
- Exhibit 152: Psico Smart Apps SL - Product / Service
- Exhibit 153: Psico Smart Apps SL - Key offerings
- 12.14 Samsung Electronics Co. Ltd.
- Exhibit 154: Samsung Electronics Co. Ltd. - Overview
- Exhibit 155: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 156: Samsung Electronics Co. Ltd. - Key news
- Exhibit 157: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 158: Samsung Electronics Co. Ltd. - Segment focus
- 12.15 Sony Group Corp.
- Exhibit 159: Sony Group Corp. - Overview
- Exhibit 160: Sony Group Corp. - Business segments
- Exhibit 161: Sony Group Corp. - Key news
- Exhibit 162: Sony Group Corp. - Key offerings
- Exhibit 163: Sony Group Corp. - Segment focus
- 12.16 Teladoc Health Inc.
- Exhibit 164: Teladoc Health Inc. - Overview
- Exhibit 165: Teladoc Health Inc. - Product / Service
- Exhibit 166: Teladoc Health Inc. - Key offerings
- 12.17 XRHealth USA Inc.
- Exhibit 167: XRHealth USA Inc. - Overview
- Exhibit 168: XRHealth USA Inc. - Product / Service
- Exhibit 169: XRHealth USA Inc. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 170: Inclusions checklist
- Exhibit 171: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 172: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 173: Research methodology
- Exhibit 174: Validation techniques employed for market sizing
- Exhibit 175: Information sources
- 13.5 List of abbreviations
- Exhibit 176: List of abbreviations