Infinium Global Research Virtual Reality (VR) in healthcare Market | Page 2

The report on Virtual Reality (VR) in healthcare Market by technology (full immersive VR, semi immersive VR, non-
immersive VR), application (surgery simulation, phobia treatment, robotic surgery, education, training, visualization,
rehabilitation, PTSD, treatment of autism) trends analysis and forecasts up to 2022 studies the market sizes, key trends and
opportunities in the main geographies such as North America, Europe, Asia-Pacific, Rest of the World. According to report the
global virtual reality in healthcare market is projected to grow at a CAGR of 54.5% over the forecast period of 2017-2023.
Benefits associated with virtual reality, increasing healthcare expenditure, rising incidents of neurological disorders and
increasing demand for innovative diagnostic techniques are considered to be the key factors driving the growth of this
market. Moreover, high cost associated with VR hardware and devices, lack of skilled medical professionals and unclear
regulatory guidelines for their medical use are some of the factors restraining growth of this market. Going forward,
developing endoscopic surgical techniques, growing numbers of robotic surgeries and tremendous opportunities in emerging
economies are likely to create more opportunities over the forecast period. Furthermore, untapped economies, maintenance
of devices and lack of awareness among the patient population are some of the challenges faced by this market.
Segments Covered:
The report segments the virtual reality in healthcare market by, technology and by application. The market segmentation
based on technology includes full immersive VR, semi immersive VR, and non-immersive VR. On the basis of application, the
global virtual reality in healthcare market is segmented into surgery simulation, phobia treatment, robotic surgery, education
and training, visualization and rehabilitation, treatment of post-traumatic stress disorder (PTSD), treatment of autism,
diagnosis of cognitive disorders and others. Moreover, robotic surgery submarket segment is the largest revenue generating
segment in this market due to increasing demand for robotic surgeries which assist surgeon in visualizing the operating area
in close. Following the robotic surgery, visualization and rehabilitation segments is anticipated to grow at the highest CAGR
rate over the forecast period due to increasing demand in visualization of anatomy structures and image guided surgery
procedures.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia Pacific, Latin America, and
Rest of the World (RoW). North America is accounted for the largest share growth market region and is likely to continue its
dominance due to increase in R&D activities, increased investment in VR technology by government and private companies,
and early adoption of the technology. Furthermore, Asia Pacific is projected to emerge as the most prominent market region
due to increasing awareness about VR technology, highly developing healthcare infrastructure, and increase in healthcare
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