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Global Augmented Reality (AR) and Virtual Reality (VR) Market in Healthcare, 2019 to 2025: Focus on Component Type and Application Areas – ResearchAndMarkets.Com

DUBLIN–(BUSINESS WIRE)–Apr 17, 2019–The “Global Augmented Reality and Virtual Reality Market in Healthcare: Focus on Component Type (Hardware, Software, and Services), and Application Areas (Surgical Training, Rehabilitation, and Pain Management): Analysis and Forecast, 2019-2025” report has been introduced to ResearchAndMarkets.Com’s presenting. The global AR and VR market has been witnessing regular growth. The market is expected to develop with a double-digit CAGR of 23.Thirteen% for the duration of the forecast period, 2019-2025.

The augmented truth (AR) and digital fact (VR) marketplace is witnessing significant technological advancements. As of 2018, the surgical planning, treatment, and surgical navigation software seemed to be among the market players’ largest focus regions (mainly in the AR phase), comprising an estimated 42.Four% of the overall AR and VR inside the healthcare marketplace. Growth is especially due to the patron’s interest in VR and AR devices which enables them in a actual-time show of virtual information. With appreciation to surgical navigation systems and looking at the 3D anatomical structures in humans, the concept of 3D structures has described contemporary technology. AR generation now not handiest permits for better visualization of the human body; however, additionally lets in an improved augmented view of anatomical structures in real-time.

The healthcare zone has constantly been advancing with the adoption of modern technology for higher diagnostics and treatment. The increasing healthcare expenditure on technologies and the imminent want for powerful answers drove the AR market in the healthcare industry. Augmented truth affords the ability to venture the organs or inner anatomy photos of a patient in 3D on a pinnacle of the actual anatomy if you want to assist in making the decisions concerning the most ultimate procedure, becoming extraordinarily beneficial for docs. The worldwide AR and VR market affords the gamers numerous possibilities to carve out a gap via investments in healthcare-associated software regions along with surgical planning/remedy, surgical navigation, behavioral neurology/rehabilitation, and pain control.

Based on regions, the global AR and VR market is segmented into North America, Europe, Asia-Pacific, and Rest-of-the-World, which have been studied and documented in detail to understand the different factors which are always chargeable for shaping up the market. The key players that have been contributing appreciably to the worldwide AR and VR in healthcare market encompass Alphabet Inc., Atheer, Augmedix, CAE Healthcare, DAQRI LLC, Echopixel, Firsthand Technology, Koninklijke Philips N.V., Medical Realities, Microsoft Corporation, Mindmaze, Orca Health, OssoVR, Pious, and Surgical Theater among others.

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