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Global Augmented and Virtual Reality in Healthcare Market 2019-2023

Global Augmented and Virtual Reality in Healthcare Market 2019-2023

About Augmented and Virtual Reality in Healthcare

Augmented and virtual reality in healthcare use special software and hardware to create different artificial environments which provide real-life situations to the user.

Technavio’s analysts forecast the global augmented and virtual reality in healthcare market to grow at a CAGR of 28.15% during the period 2019-2023.

Covered in this report

The report covers the present scenario and the growth prospects of the global augmented and virtual reality in healthcare market for 2019-2023. This market research report offers a comprehensive analysis of the market segmentation by offering (hardware, and software).

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Augmented and Virtual Reality in Healthcare Market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendor
    s
  • 3D Systems
  • Alphabet
  • Koninklijke Philips
  • Microsoft
  • Orca Health
Market driver
  • Improved quality of products and services in healthcare
  • For a full, detailed list, view our report
Market challenge
  • Lack of personal interaction
  • For a full, detailed list, view our report
Market trend
  • Rapid improvements in sensor technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2023 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Augmented and Virtual Reality in Healthcare Market 2019-2023

Technavio recognizes the following companies as the key players in the global augmented and virtual reality in healthcare market: 3D Systems, Alphabet, Koninklijke Philips, Microsoft, and Orca Health.

Commenting on the report, an analyst from Technavio’s team said: “The advent of Industry 4.0 has led to the integration of advanced technology with manufacturing and industrial processes and has become a key trend driving the growth of the market. Sensors and Internet of Things (IoT) for augmented and virtual reality are increasingly being adopted by the healthcare industry to monitor patients and provide treatment in real time.”

According to the report, one of the major drivers for this market is the growing demand for healthcare services. The healthcare industry is implementing advanced and upgraded technologies to offer better services to the increasing number of patients. Augmented and virtual reality will help and complement the services provided by the healthcare companies.

Further, the report states that one of the major factors hindering the growth of this market is the infrastructural and integration issues across processes in the healthcare industry. The lack of connectivity, and electricity will act as a hurdle to the effective implementation of advanced systems in the healthcare sector, especially in developing countries. The complicated system integration of augmented and virtual reality will also hamper the growth prospects of the market.

Companies Mentioned

3D Systems

Alphabet

Koninklijke Philips

Microsoft

Orca Health

  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global virtual reality market
      • Table Segments of global virtual reality market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Market segmentation by offering
    • Table Offering - Market share 2018-2023 (%)
    • Comparison by offering
      • Table Comparison by offering
    • Hardware - Market size and forecast 2018-2023
      • Table Hardware - Market size and forecast 2018-2023 ($ millions)
      • Table Hardware - Year-over-year growth 2019-2023 (%)
    • Software - Market size and forecast 2018-2023
      • Table Software - Market size and forecast 2018-2023 ($ millions)
      • Table Software - Year-over-year growth 2019-2023 (%)
    • Market opportunity by offering
      • Table Market opportunity by offering
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • 3D Systems
      • Table 3D Systems – Vendor overview
      • Table 3D Systems – Class
      • Table 3D Systems – Organizational developments
      • Table 3D Systems – Geographic focus
      • Table 3D Systems – Class
      • Table 3D Systems – Key offerings
    • Alphabet
      • Table Alphabet – Vendor overview
      • Table Alphabet – Business segments
      • Table Alphabet – Organizational developments
      • Table Alphabet – Geographic focus
      • Table Alphabet – Segment focus
      • Table Alphabet – Key offerings
    • Koninklijke Philips
      • Table Koninklijke Philips – Vendor overview
      • Table Koninklijke Philips – Business segments
      • Table Koninklijke Philips – Organizational developments
      • Table Koninklijke Philips – Geographic focus
      • Table Koninklijke Philips – Segment focus
      • Table Koninklijke Philips – Key offerings
    • Microsoft
      • Table Microsoft – Vendor overview
      • Table Microsoft – Business segments
      • Table Microsoft – Organizational developments
      • Table Microsoft – Geographic focus
      • Table Microsoft – Product family focus
      • Table Microsoft– Key offerings
    • Orca Health
      • Table Orca Health – Vendor overview
      • Table Orca Health – Solutions
      • Table Orca Health – Organizational developments
      • Table Orca Health – Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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