New York, NY, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Virtual Reality in Healthcare Market By Applications, By Components, And By Regions - Global Industry Comprehensive Analysis, and Forecast Report, 2021 - 2026” in its research database
“According to the latest research study, the demand of global Virtual Reality in Healthcare Market size & share expected to reach to USD 40.98 Billion by 2026 from USD 2.70 Billion in 2020, at a compound annual growth rate (CAGR) of 34.89% during the forecast period 2021 to 2026”
Global Virtual Reality in Healthcare Market: Overview
Virtual reality is the simulated version of experiencing a real-life situation without going through any version of the form of repercussions. The latest applications that are integrated into healthcare with regards to virtual reality are robotic surgery, mental health and psychological therapies, pain management, and physical therapy to name a few. The pivotal factors that are often attributed to the global virtual reality in healthcare market during the forecast period are the rising number of robot-assisted surgeries which often lead to lesser blood loss and a rapid recovery time post-surgical measures to name a few.
Additionally, these surgeries often result in less pain coupled with the rising prevalence of telehealth applications is expected to increase the footprint of the global virtual reality in healthcare market during the forecast period. Moreover, factors aimed at medical training, medical marketing solutions, performing surgeries, and creating diseases awareness among consumers will further open new revenue opportunities for the global virtual reality in healthcare market during the forecast period.
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Our Free Sample Report Includes:
- 2020 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 205+ Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)
Industry Major Market Players
- Koniklijke Philips N.V.
- Samsung Electronics Co Ltd.
- General Electric
- CAE Healthcare
- Google LLC
- Oculus Rift
- Microsoft Corporation
- Medical Realities Ltd.
- XRHealth USA Inc.
- Psious
- HTC Corporation
- Sony Corporation
- Firsthand Technology Inc.
- Mindmaze
- AppliedVR Inc.
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Key questions answered in this report:
- What is the projected market size & growth rate of Virtual Reality in Healthcare Market?
- What are the key driving factors for the growth of Virtual Reality in Healthcare Market?
- What are the top companies operative in Virtual Reality in Healthcare Market?
- What segments are covered in Virtual Reality in Healthcare Market?
- How can I get free sample report/company profiles of Virtual Reality in Healthcare Market?
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Market Dynamics
The global virtual reality in healthcare market can be divided into patient care management, education and training, surgery, patient management, rehabilitation and therapy procedures, and post-traumatic stress disorder (PTSD) on the basis of application. The segment pertaining to education and training is expected to witness the largest market share during the advent of the forecast owing to the rising adoption rates by professional medical educators and training professionals to name a few.
The global virtual reality in healthcare market can be segmented into hardware, software, and service on the basis of components. The hardware category is expected to occupy the largest market share during the advent of the forecast owing to the rising usage of components during training, learning, and treatment applications coupled with an increased rate of adoption in emerging economies to name a few.
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Global Virtual Reality in Healthcare Market: Report Scope
| Report Attribute | Details |
| Market Size 2020 Value | USD 2.70 Billion |
| Market Forecast for 2026 | USD 40.98 Billion |
| Expected CAGR Growth | CAGR 34.89% from 2021-2026 |
| Base Year | 2020 |
| Forecast Year | 2021-2026 |
| Top Market Players | Koniklijke Philips N.V., Samsung Electronics Co Ltd., General Electric, CAE Healthcare, Google LLC, Oculus Rift, and Others |
| Segments Covered | Applications, Components, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Pricing Options | Request customized purchase options to meet your research needs. Explore purchase options |
Global Virtual Reality in Healthcare Market: Segmentation
The global virtual reality in healthcare market can be segmented into application, component, and regions.
On the basis of application, the global virtual reality in healthcare market can be divided into patient care management, education and training, surgery, patient management, rehabilitation and therapy procedures, and post-traumatic stress disorder (PTSD), among others. The segment pertaining to education and training is expected to witness the largest market share during the advent of the forecast owing to increased adoption rate by professional medical educators and training professionals coupled with a rapidly growing product range by key market players to name a few. On the basis of components, the global virtual reality in healthcare market can be fragmented into hardware, software, and service. The hardware segment is expected to occupy the largest market share during the advent of the forecast owing to extensive usage of hardware components during training, learning, and treatment applications coupled with a higher rate of adoption in emerging economies to name a few.
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Global Food Automation Market: Regional Analysis
- North America is Anticipated to Dominate The Market During the Forecast Period
North America is expected to witness the largest market share during the advent of the forecast owing to an increased adoption rate of technology in the region coupled with increasing investment aimed at research and development activities to name a few. Additionally, increasing government support in the form of incentives coupled with rising outsourcing of products is expected to increase the footprint of virtual reality in healthcare market during the forecast period. Moreover, reducing treatment costs coupled with increasing reimbursements among the primary insurance providers will further open new revenue opportunities for virtual reality in healthcare market during the forecast period.
Browse in full “Virtual Reality in Healthcare Market By Application (Patient Care Management, Education And Training, Surgery, Patient Management, Rehabilitation, And Therapy Procedures, & Post-Traumatic Stress Disorder (PTSD), By Component (Hardware, Software, & Service), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 - 2026” report at https://www.fnfresearch.com/virtual-reality-in-healthcare-market-by-offering-hardware
The global virtual reality in healthcare market can be segmented into:
Global Virtual Reality in Healthcare Market: By Application Segment Analysis
- Patient Care Management
- Education And Training
- Surgery
- Patient Management
- Rehabilitation And Therapy Procedures
- Post-Traumatic Stress Disorder (PTSD)
Global Virtual Reality in Healthcare Market: By Component Segment Analysis
- Hardware
- Software
- Service
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