Tech Market reports (Market.us) analysis team is making every effort to provide reliable information for our readers and clients about how the technology and media sectors work in the midst of the COVID-19 pandemic. We aim to provide realistic insights based on a range of factors that will influence future and present market dynamics. For any assistance, please reach out to us.
Global Americas Asia-Pacific Europe Africa
Global Healthcare in Metaverse Market By Component (Software, Hardware [VR Headsets, AR Devices, Others]), By Technology (Telemedicine, Augmented Reality/ Virtual Reality/ Mixed Reality, Artificial Intelligence, Digital Twins, Blockchain, Others), By Application (Patient Engagement, Pre-Operation & Post-Operation Planning, Immersive 3D Training, 3D Lectures, VR Therapy, Remote Monitoring, Others), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2031
  • Report ID 137846
  • Published Date 07- Sept
  • Delivery Format PDF/PPT/Word
  • Editor's Rating
  • Report Details

    The healthcare industry is one of the fastest growing industries in the metaverse market. This is due to the increasing demand for healthcare services and the advancement of technology. Healthcare providers are able to offer their services to a wider audience through the use of virtual reality, augmented reality, and mixed reality. This allows patients to receive treatment from anywhere in the world.

    According to Techmarketreports, the global healthcare in metaverse market is expected to grow from USD 504.9 million in 2024 to USD 5,373 Million by 2030 and register a staggering CAGR of 48.4% during the forecast

    The healthcare industry is expected to grow at a compound annual growth rate of 28.6% from 2018 to 2025. This growth is attributed to the increasing demand for healthcare services, the advancement of technology, and the increasing number of people with chronic conditions. The healthcare industry is benefiting from the use of virtual reality, augmented reality, and mixed reality. These technologies allow healthcare providers to offer their services to a wider audience. VR can be used for training doctors and nurses, providing treatments to patients, and conducting research.

    The metaverse can be described as a parallel universe or visual representation of reality. However, it is not augmented reality or virtual reality (VR) or mixed reality (MR), but a combination of these technologies with artificial intelligence. These three major technology trends have the potential to impact healthcare in their own ways. The metaverse is the result. Digital twinning, telepresence (allowing individuals to be together digitally even though they are physically separated), and blockchain are just a few of the many possibilities (as well as its potential to create a distributed Internet). 

    Healthcare in Metaverse Market Driver:

    • Growing Use of Digital Twins in Healthcare

    Healthcare in Metaverse Market Restraint:

    • Privacy and Security Concerns in Metaverse

    Table: Years considered for the study:

    Details  Report Attribute
    2016-2020  Historical Years
    2021  Base Year
    2022  Estimated Year
    2028 Short Term Projection Year
    2023 Projected Year
    2032  Long Term Projected Year

    Key Players

    Brainlab AG (Germany)

    Novarad Corporation (US)

    GE Healthcare (US)

    Siemens Healthineers (Germany)

    Meta Platforms Inc. (US)

    Nvidia Corporation (US)

    Microsoft Corporation (US)

    Roblox Corporation (US)

    Medtronic PLC (Ireland)

    Zimmer Biomet (US)

    Veyond Metaverse (US)

    gameChange VR (UK)

    Sesame Care (US)

    PlushCare (US)

    Intuitive Surgical Inc. (US)

    BioFlight VR (US)

    CAE Inc. (Canada)

    EON Reality Inc. (US)

    ImmersiveTouch Inc. (US)

    Medical Realities Ltd. (UK)

    Augmedics (US)

    Aimedis B.V. (Belgium)

    ARBREA LABS (Switzerland) and Wellx.ai (Dubai)

    Market Segmentation:

    Based on component

    Software

    Hardware

    Based on technology

    Telemedicine

    Augmented reality/ virtual reality/ mixed reality

    Artificial intelligence

    Digital twins

    Blockchain among others

    Based on application

    Patient engagement

    Pre-operation and post-operation planning

    Immersive 3D training

    3D lectures

    VR therapy

    Remote monitoring

    Based on end-user

    Hospitals

    Pharmaceuticals

    Insurance companies and others

    Regional Insights

    North America (U.S., Canada, Mexico)

    Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

    Asia-Pacific (China, Japan, India, Rest of APAC)

    South America (Brazil and the Rest of South America)

    The Middle East and Africa (UAE, South Africa, Rest of MEA)

    Key developments

    • Alo Yoga launched the virtual Alo Sanctuary in February 2022. This immersive area is for yoga and meditation. Roblox was also involved. With VR-based exercise, increasing numbers of people will seek to improve their fitness and health.

    • ImmersiveTouch (a prominent medical technology company) installed revolutionary digital surgery technology in New Delhi’s All India Institutes of Medical Sciences. Its Mission Rehearsal Virtual Reality tool allows surgeons the ability to model and recreate each patient’s unique anatomy before entering the operating room. ImmersiveTouch’s Mission Rehearsal(r), VR platform converts 2D data to a digital twin for the patient. It gives surgeons unobstructed views of the target anatomy from any angle and allows them access to high-fidelity surgical planning tools that are precise with pinpoint accuracy.

    Frequently Asked Questions

    Q1. What is the size of the Worldwide Healthcare in Metaverse market?

    Q2. How has the Healthcare in Metaverse market evolved over the past four years?

    Q3. Which are the major companies in the Healthcare in Metaverse market?

    Q4. What are some of the prevailing market dynamics in the Healthcare in Metaverse market?

    Q5. Which region, among others, possesses greater investment opportunities in the near future?

    Q6. What will be the growth rate of the Asia-Pacific Healthcare in Metaverse market?

    Q7. What are the strategies opted by the leading players in this market?

    Q8. What are the important key challenges, opportunities and improvement factors for market players?

    Q9. What are the segments of Healthcare in Metaverse market?

    Q10.What is the sales forecast for Healthcare in Metaverse Market?

  • Table Of Content
    Please fill in the below form for detailed Table of Content
    • Your personal details are safe with us - Privacy Policy
    Research Insights & Deliverables
    • Development and Future ForecastDevelopment and Future Forecast
    • Competitive benchmarkingCompetitive benchmarking
    • Company Revenue StatisticsCompany Revenue Statistics
    • Rising Regional OpportunitiesRising Regional Opportunities
    • Technology Trends and DynamicsTechnology Trends and Dynamics
    • Technology AssessmentTechnology Assessment
  • Inquiry Before Buying
    For more inquiry contact our professional research team
    • Your personal details are safe with us - Privacy Policy
    Research Insights & Deliverables
    • Development and Future ForecastDevelopment and Future Forecast
    • Competitive benchmarkingCompetitive benchmarking
    • Company Revenue StatisticsCompany Revenue Statistics
    • Rising Regional OpportunitiesRising Regional Opportunities
    • Technology Trends and DynamicsTechnology Trends and Dynamics
    • Technology AssessmentTechnology Assessment
  • Request Sample
    Get PDF sample for more professional and technical insights
    • Your personal details are safe with us - Privacy Policy
    Research Insights & Deliverables
    • Development and Future ForecastDevelopment and Future Forecast
    • Competitive benchmarkingCompetitive benchmarking
    • Company Revenue StatisticsCompany Revenue Statistics
    • Rising Regional OpportunitiesRising Regional Opportunities
    • Technology Trends and DynamicsTechnology Trends and Dynamics
    • Technology AssessmentTechnology Assessment