Virtual Reality in Healthcare Market Analysis

  • Report ID: 3324
  • Published Date: Aug 29, 2024
  • Report Format: PDF, PPT

Virtual Reality in Healthcare Market Analysis

The virtual reality in healthcare market is segmented on the basis of component into hardware, software, and content, out of which, the hardware segment is anticipated to grab the largest share by the end of 2030 on account of the increasing significance of hardware devices such as desktops, head-mounted display, and other display devices in using virtual reality technologies in healthcare. Moreover, hardware equipment is widely being used to minimize healthcare complexity and increase efficiency, which is also projected to contribute to the growth of the segment during the forecast period. Furthermore, based on application, the medical education segment in the global virtual reality in healthcare market is predicted to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the fact that virtual reality simulation technologies allow medical professionals to practice complex, life-saving procedures in a risk-free environment and improve their skills significantly.

Our in-depth analysis of the global market includes the following segments:

           By Component

  • Hardware
  • Software
  • Content

             By Application

  • Medical Education
  • Diagnostics
  • Mental Illness Treatment
  • Physiotherapy
  • Surgery
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3324
  • Published Date: Aug 29, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of virtual reality in healthcare is assessed at USD 4.36 billion.

Virtual Reality in Healthcare Market size was valued at USD 3.46 billion in 2023 and is expected to exceed USD 134.24 billion by 2036, expanding at over 32.5% CAGR during the forecast period i.e., between 2024-2036. The extensive research associated with virtual reality in healthcare on global level, along with the growing investment in the development of virtual reality healthcare start-ups, will fuel the market growth.

Asia Pacific is set to account for largest revenue share by 2036, owing to increasing healthcare expenditure and the rising government initiatives for adoption of digital technologies in healthcare sector in the region.

The major players in the market include Google LLC, Koninklijike Philips N.V., GENERAL ELECTRIC COMPANY, and CAE Inc., among others.
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