Virtual Reality in Healthcare Market Share

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

Virtual Reality in Healthcare Market Share

Geographically, the global virtual reality in healthcare market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in the 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. Additionally, Asia Pacific has witnessed a remarkable growth in internet and smartphone users, which is also expected to contribute to the greater use of virtual reality technologies in the region. Furthermore, in 2030, the market in North America is evaluated to occupy the largest share in terms of revenue, owing to the increasing prevalence of neurological disorders and early adoption of advanced technologies, accompanied by the presence of well-established healthcare infrastructure in the region. Along with this, North America also leads in terms of favourable government policies, which is also evaluated to contribute to the market growth in the region. Alternatively, the market in Europe is also anticipated to occupy a significant share in the virtual reality in healthcare market in the future on account of a high prevalence of chronic diseases in the region. As per the analysis of European Chronic Disease Alliance, chronic diseases affect greater than one-third of the population of Europe and account for 86% of deaths in WHO European region.

Research Nester
Global-Virtual-Reality-in-Healthcare-Market-Share
Get more information on this report: Request Free Sample PDF

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.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample