Augmented Reality (AR) & Virtual Reality (VR) in Healthcare Market Analysis By Component (Hardware, Software, and Service), By Technology (Augmented Reality, Virtual Reality), And Segment Forecasts, 2014 - 2025

The global augmented reality & virtual reality in healthcare market is expected to reach USD 5.1 billion by 2025 according to a new report by Grand View Research, Inc. The growing adoption of Augmented Reality (AR) & Virtual Reality (VR) in medical field, increasing investments in such emerging technologies, and constant developments in healthcare IT are some of the key factors responsible for growth of this market.
The market is majorly driven by applications in surgical simulations, diagnostic imaging, patient care management, rehabilitation, and health management. The application of AR & VR in training medical professionals provides them enhanced understanding of anatomy & physiology and assists in complicated surgeries that require precision, thus, resulting in reduced complications and lesser trauma. VR helps patients get over their worst fears and phobias through the exposure therapy. These technologies are also gaining significance in fitness management due to the development of various health apps that help train doctors as well as patients.
The use of these advanced technologies in live streaming of surgeries for medical education coupled with patient monitoring & pain management serves as a market opportunity and is predicted to drive the segment substantially. These new disruptive technologies have revolutionized medical field and provide an innovative approach for transforming healthcare experience. The increasing focus on streamlining medical operations along with demand for better delivery of care services are driving the growing adoption of these technologies.
Increase in number of startups has led to higher demand for investments to fund development of AR & VR technologies. The market is witnessing an increase in private investments by various investors, which is expected to boost growth further. For instance, Swiss-based startup MindMaze is a well-funded company that has raised USD 100 million from Hinduja Group for development of VR hardware & software. In addition, increased government funding and supportive initiatives are expected to drive growth.
Further key findings from the report suggest:
‧ The hardware segment held the majority of the revenue share in 2016 due to rise in adoption of wearable devices in healthcare
‧ AR dominated the technology segment in 2016 owing to its increasing adoption in surgeries and medical training
‧ North America dominated the global market for AR and VR due to greater adoption of advanced technology and sophisticated infrastructure
‧ Asia Pacific AR and VR market is expected to witness a lucrative growth of 33% over the forecast period
‧ Some of the key players include CAE HEALTHCARE; GE Healthcare; Intuitive Surgical; Hologic, Inc.; Virtual Realities, LLC; and Philips Healthcare

Table of Contents
Chapter 1 Research Methodology
1.1 Information Procurement
1.1.1 Purchased database:
1.1.2 GVR’s Internal Database
1.2 Primary Research:
1.2.1 List of primary sources include:
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3 Augmented Reality & Virtual Reality in Healthcare Market Variables, Trends & Scope
3.1 Market Segmentation & Scope
3.2 Market Driver Analysis
3.3 Market Restraint Analysis
3.4 Key Opportunity Prioritized
3.5 Augmented Reality &Virtual Reality in Healthcare Market - SWOT Analysis, by Factor (political & legal, economic and technological)
3.6 Industry Analysis - Porter’s
Chapter 4 Augmented Reality &Virtual Reality in Healthcare: Component Estimates & Trend Analysis
4.1 Augmented Reality &Virtual Reality in Healthcare Market: Component Movement Analysis
4.2 Hardware
4.2.1 Hardware market estimates and forecasts, 2014 - 2025 (USD Million)
4.3 Software
4.3.1 Software market estimates and forecasts, 2014 - 2025 (USD Million)
4.4 Service
4.4.1 Service market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 5 Augmented Reality & Virtual Reality in Healthcare: Technology Estimates & Trend Analysis
5.1 Augmented Reality & Virtual Reality in Healthcare Market: Technology Movement Analysis
5.2 Augmented Reality
5.2.1 Augmented reality market estimates and forecasts, 2014 - 2025 (USD Million)
5.2.2 Surgical application
5.2.2.1 Surgical application market estimates and forecasts, 2014 - 2025 (USD Million)
5.2.3 Rehabilitation
5.2.3.1 Rehabilitation market estimates and forecasts, 2014 - 2025 (USD Million)
5.2.4 Training & Medical Eductaion
5.2.4.1 Training & medical eductaion market estimates and forecasts, 2014 - 2025 (USD Million)
5.3 Virtual Reality
5.3.1 Virtual reality market estimates and forecasts, 2014 - 2025 (USD Million)
5.3.2 Simulation
5.3.2.1 Simulation market estimates and forecasts, 2014 - 2025 (USD Million)
5.3.3 Diagnostics
5.3.3.1 Diagnostics market estimates and forecasts, 2014 - 2025 (USD Million)
5.3.4 Virtual Reality Exposure Therapy (VRET)
5.3.4.1 Virtual Reality Exposure Therapy (VRET) market estimates and forecasts, 2014 - 2025 (USD Million)
5.3.5 Rehabilitation
5.3.5.1 Rehabilitation market estimates and forecasts, 2014 - 2025 (USD Million)
5.3.6 Pain Distraction
5.3.6.1 Pain distraction market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 6 Augmented Reality & Virtual Reality in Healthcare: Regional Estimates & Trend Analysis by Component And Technology
6.1 Augmented Reality & Virtual Reality in Healthcare Market Share, by Region, 2016 & 2025
6.2 North America
6.2.1 North America augmented reality & virtual reality in healthcare market, by component, 2014 - 2025 (USD Million)
6.2.2 North America augmented reality & virtual reality in healthcare market, by technology, 2014 - 2025 (USD Million)
6.2.3 U.S.
6.2.3.1 U.S. augmented reality & virtual reality in healthcare market, by component, 2014 - 2025 (USD Million)
6.2.3.2 U.S. augmented reality & virtual reality in healthcare market, by technology, 2014 - 2025 (USD Million)
6.2.4 Canada
6.2.4.1 Canada augmented reality & virtual reality in healthcare market, by component, 2014 - 2025 (USD Million)
6.2.4.2 Canada augmented reality & virtual reality in healthcare market, by technology, 2014 - 2025 (USD Million)
6.3 Europe
6.3.1 Europe augmented reality & virtual reality in healthcare market, by component, 2014 - 2025 (USD Million)
6.3.2 Europe augmented reality & virtual reality in healthcare market, by technology, 2014 - 2025 (USD Million)
6.3.3 UK
6.3.3.1 UK augmented reality & virtual reality in healthcare market, by component, 2014 - 2025 (USD Million)
6.3.3.2 UK augmented reality & virtual reality in healthcare market, by technology, 2014 - 2025 (USD Million)
6.3.4 Germany
6.3.4.1 Germany augmented reality & virtual reality in healthcare market, by component, 2014 - 2025 (USD Million)
6.3.4.2 Germany augmented reality & virtual reality in healthcare market, by technology, 2014 - 2025 (USD Million)
6.4 Asia Pacific
6.4.1 Asia Pacific augmented reality & virtual reality in healthcare market, by component, 2014 - 2025 (USD Million)
6.4.2 Asia Pacific augmented reality & virtual reality in healthcare market, by technology, 2014 - 2025 (USD Million)
6.4.3 Japan
6.4.3.1 Japan augmented reality & virtual reality in healthcare market, by component, 2014 - 2025 (USD Million)
6.4.3.2 Japan augmented reality & virtual reality in healthcare market, by technology, 2014 - 2025 (USD Million)
6.4.4 China
6.4.4.1 China augmented reality & virtual reality in healthcare market, by component, 2014 - 2025 (USD Million)
6.4.4.2 China augmented reality & virtual reality in healthcare market, by technology, 2014 - 2025 (USD Million)
6.5 Latin America
6.5.1 Latin America augmented reality & virtual reality in healthcare market, by component, 2014 - 2025 (USD Million)
6.5.2 Latin America augmented reality & virtual reality in healthcare market, by technology, 2014 - 2025 (USD Million)
6.5.3 Brazil
6.5.3.1 Brazil augmented reality & virtual reality in healthcare market, by component, 2014 - 2025 (USD Million)
6.5.3.2 Brazil augmented reality & virtual reality in healthcare market, by technology, 2014 - 2025 (USD Million)
6.5.4 Mexico
6.5.4.1 Mexico augmented reality & virtual reality in healthcare market, by component, 2014 - 2025 (USD Million)
6.5.4.2 Mexico augmented reality & virtual reality in healthcare market, by technology, 2014 - 2025 (USD Million)
6.6 MEA
6.6.1 MEA augmented reality & virtual reality in healthcare market, by component, 2014 - 2025 (USD Million)
6.6.2 MEA augmented reality & virtual reality in healthcare market, by technology, 2014 - 2025 (USD Million)
6.6.3 South Africa
6.6.3.1 South Africa augmented reality & virtual reality in healthcare market, by component, 2014 - 2025 (USD Million)
6.6.3.2 South Africa augmented reality & virtual reality in healthcare market, by technology, 2014 - 2025 (USD Million)
Chapter 7 Competitive Landscape
7.1 Company Profiles
7.1.1 CAE Healthcare
7.1.1.1 Company overview
7.1.1.2 Financial performance
7.1.1.3 Product benchmarking
7.1.1.4 Strategic initiatives
7.1.2 Siemens Healthineers
7.1.2.1 Company overview
7.1.2.2 Financial performance
7.1.2.3 Product benchmarking
7.1.3 Philips Healthcare
7.1.3.1 Company overview
7.1.3.2 Financial performance
7.1.3.3 Product benchmarking
7.1.3.4 Strategic initiatives
7.1.4 Hologic, Inc.
7.1.4.1 Company overview
7.1.4.2 Financial performance
7.1.4.3 Product benchmarking
7.1.4.4 Strategic initiatives
7.1.5 EON Reality
7.1.5.1 Company overview
7.1.5.2 Financial performance
7.1.5.3 Product benchmarking
7.1.5.4 Strategic initiatives
7.1.6 Intuitive Surgical, Inc.
7.1.6.1 Company overview
7.1.6.2 Financial performance
7.1.6.3 Product benchmarking
7.1.6.4 Strategic initiatives
7.1.7 GE Healthcare
7.1.7.1 Company overview
7.1.7.2 Financial performance
7.1.7.3 Product benchmarking
7.1.7.4 Strategic initiatives
7.1.8 LAYAR
7.1.8.1 Company overview
7.1.8.2 Financial performance
7.1.8.3 Product benchmarking
7.1.8.4 Strategic initiatives
7.1.9 WorldViz
7.1.9.1 Company overview
7.1.9.2 Financial performance
7.1.9.3 Product benchmarking
7.1.9.4 Strategic initiatives
7.1.10 TheraSim Inc.
7.1.10.1 Company overview
7.1.10.2 Financial performance
7.1.10.3 Product benchmarking
7.1.10.4 Strategic initiatives