The Virtual Reality in Healthcare Market is estimated to reach USD 7.86 Billion by 2028, according to a new report by Reports and Data. This can be mainly associated with the increasing demand for innovative diagnostic techniques, neurological disorders, and increasing disease awareness. Based on statistics, the advancement in the field of information technology such as laptop, computer, internet connectivity and mobile applications, is also significant factor stimulating market demand.

Due to the constant technological advancement of related products, prevalence of neurological psychological disorders, and presence of a sophisticated healthcare infrastructure, the North America region accounts for the highest market share of 44.21% in 2020. Moreover, the emerging technological advancements in information technology and government support for integration of these technologies in medical field contribute to the large share of the market. Advantages such as improved flexibility and activity and being able to deploy new applications more quickly are the major reasons for growth in this region. In the United States, organizations, where employees are above 100 in number, are approving cloud-based applications.

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Key participants include

Microsoft, Google, Mindmaze, DAQRI, Psious, CAE Healthcare, Medical Realities, Atheer, Augmedix , Oculus VR, Firsthand Technology, Siemens Healthineers, Philips Healthcare, 3D Systems , VirtaMed , Virtually Better.

For the purpose of this report, Reports and Data have segmented global Virtual Reality in Healthcare Market on the basis of Component, Technology, Application, Device type, End user and region:

Component Outlook (Revenue, USD Million; 2020-2028)

• Hardware
• Software

Technology Outlook (Revenue, USD Million; 2020-2028) 

• Full Immersive Virtual Reality
• Non-Immersive Virtual Reality
• Semi-Immersive Virtual Reality

Application Outlook (Revenue, USD Million; 2020-2028)

• Patient Care Management
• Education and Training
• Fitness Management
• Pharmacy Management
• Surgery                                           

End user Outlook (Revenue, USD Million; 2020-2028)

• Research and Diagnostics
• Laboratories
• Hospitals Clinics
• Research Organizations
• Pharmaceutical Companies

Device type Outlook (Revenue, USD Million; 2020-2028)

• Head-Mounted Display
• Gesture-Tracking Device
• Projectors and Display Units
• Others

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Regional Outlook (Revenue, USD Million; 2020-2028)

• North America
  • S.
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • India
  • South-east Asia
• Latin America
  • Brazil
• MEA

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About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.