Healthcare AR VR Market, Dynamics, Trends and Market Analysis

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Presents a Research Report on
Healthcare AR VR Market
Global Healthcare AR VR Market report is
segmented by Component Type (Hardware, Software,
Service), Application (Surgical application,
Rehabilitation, Simulation, Diagnostics, Virtual
Reality Exposure Therapy (VRET), Others), and
Region.


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Healthcare AR VR Market Growth and Forecast
Highlights Drivers

• The Global Healthcare AR VR Market is expected to
  grow from USD 1,525.3 million in 2020 to USD
  6,707.8 million by 2026 at a CAGR of over 28.7
  during the forecast period.
• Augmented reality (AR) is defined as the use of
  displays, sensors, and cameras to overlap digital
  information in the real world.
• AR in the healthcare industry allows the users
  the ability to visualize and interact with a 3D
  representation of bodies.
• Virtual reality is defined as a computing
  generate simulation in which a person can
  interact with an artificial 3D environment using
  special goggles or gloves with sensors.
• The increasing adoption of AR-VR in the
  healthcare sector to train healthcare
  professionals is one of the key factors
  propelling the market growth at a significant
  rate.
• The growth of the global healthcare AR-VR market
  is primarily driven by high investment in
  research and development activities in the
  healthcare sector to develop a technologically
  advanced solution to various healthcare problems.
• Growing emphasis on the adoption of new
  technologies in the healthcare sector is expected
  to create lucrative opportunities for the players
  operating in the global healthcare AR VR market
  during the review period.

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Market Insights

• By component Type
• The market has been segmented into hardware,
  software, and service.
• The hardware segment accounted for the largest
  market share in 2020.
• The various types of hardware devices used in the
  healthcare industry include desktops,
  head-mounted displays, and smart glasses.
• Head-mounted displays are being widely used in
  applications including simulation, education,
  visualized data, telemedicine, video recording,
  and telemonitoring among others.
• By Region
• the market in North America accounted for the
  largest market share of around 41 in 2020.
• The market growth can be attributed to the
  presence of a strong healthcare infrastructure
  and high adoption of technologically advanced
  products in the region particularly in the US.
• The market in the Asia-Pacific region is expected
  to increase at a significant rate on account of
  increased spending on healthcare and increasing
  government initiatives to adopt advanced
  healthcare solutions.

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Competitive Insights
Healthcare AR VR Market, regional expansion, and
execution of mergers acquisitions are the key
strategies adopted by the major players to gain a
competitive edge in the market. Key Companies
Analysed

• CAE Inc. (Canada),
• Koninklijke, Philips N.V. (Netherlands),
• Siemens Healthineers AG (Germany),
• Hologic, Inc. (The U.S.),
• GE Healthcare (The U.S.),
• Layar (Netherlands),
• Intuitive Surgical, Inc. (The U.S.),
• WorldViz (The U.S.),
• TheraSim Inc. (The U.S.), and
• EON Reality (The U.S.).

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Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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About Stratview Research
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