DUBLIN, March 10, 2023 /PRNewswire/ -- The "Virtual Reality (VR) In Healthcare: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Virtual Reality (VR) In Healthcare Market to Reach $12 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Virtual Reality (VR) In Healthcare estimated at US$1.6 Billion in the year 2022, is projected to reach a revised size of US$12 Billion by 2030, growing at a CAGR of 29.2% over the analysis period 2022-2030. Hardware, one of the segments analyzed in the report, is projected to record 33.9% CAGR and reach US$7.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 23.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $453.8 Million, While China is Forecast to Grow at 27.3% CAGR

The Virtual Reality (VR) In Healthcare market in the U.S. is estimated at US$453.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 27.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.3% and 22.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 15.8% CAGR.

Select Competitors (Total 38 Featured) -

• 5DT (Fifth Dimension Technologies)

• CAE Healthcare

• EON Reality

• Firsthand Technology

• GE Healthcare

• Intuitive Surgical, Inc.

• Medtronic, Inc.

• Mimic Technologies Inc.

• Philips Healthcare

• Siemens Healthineers

• Surgical Science Sweden AB

• Virtually Better, Inc.

• Vital Images, Inc.

• Vuzix Corporation

• WorldViz

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies - Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to digital archives and Research Platform

• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights

• World Market Trajectories

• Virtual Reality - A Disruptive Technology

• Recent Market Activity

• Virtual Reality Brings in a Transformation in Healthcare

• Market Outlook

• Developed Regions Dominate the Market

• Growth Drivers in a Nutshell

• Challenges to Reckon With

• Cost: A Major Issue

• Competitive Scenario

• Start-ups in Healthcare VR Make an Impact

• Virtual Reality Redefines Training Programs for Clinicians and Students

• VR in Surgical Training

• Training for Paramedics, ER doctors, and First-Responders

• Virtual Reality Gains as a Diagnostic Tool

• VR Gains Prominence in the Dentistry Sector

• Allaying Patients; Surgery-Related Apprehensions

• VR Emerges as an Established Approach for Phobia Management

• VR in Treatment of Dementia

• Virtual Reality Grows in Importance in Pain Management

• Transforming Management of Chronic Pain

• Virtual Reality for Management of Pain in Burn Victims

• Virtual Reality in Cancer Therapy

• Stroke Care - An Emerging Application

• Opportunities in Rehabilitation

• Virtual Reality Gains Acceptance in Remote Home Assessments

• Anxiety Disorders and Virtual Reality

• VR for Healthy Lifestyles

• VR to Help People with Substance Use Disorders

• An Effective Tool for Designing Assisted Living Facilities

• VR Evolves as an Efficient Marketing Tool

• Virtual Reality (VR) In Healthcare - Global Key Competitors Percentage Market Share in 2022 (E)

• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Medical Visualization Solutions: A Promising Market for VR Technology

• Treatment for Eye Problems - An Opportunity Market

• VR Simulators for Surgical Robots Grow in Demand

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

A selection of companies mentioned in this report includes

• 5DT (Fifth Dimension Technologies)

• CAE Healthcare

• EON Reality

• Firsthand Technology

• GE Healthcare

• Intuitive Surgical, Inc.

• Medtronic, Inc.

• Mimic Technologies Inc.

• Philips Healthcare

• Siemens Healthineers

• Surgical Science Sweden AB

• Virtually Better, Inc.

• Vital Images, Inc.

• Vuzix Corporation

• WorldViz

For more information about this report visit https://www.researchandmarkets.com/r/5ccipf

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