Emergen Research’s latest document, titled ‘Global Virtual Reality in Medical Market – Forecast to 2028,’ is one of the most sought-after market reports involving an in-depth analysis of the global Virtual Reality in the Medical Market. The report’s authors have offered necessary details on the latest trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view entails useful insights into the estimated size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes shortly. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of Virtual Reality in the Medical Market
Virtual Reality in Medical Market size is expected to reach USD 3,975.0 Million at a revenue CAGR of 31.1% in 2028, according to the latest analysis by Emergen Research. Global Virtual Reality (VR) in medical market revenue growth can be attributed to the increasing use of VR in the treatment and therapies of patients with various conditions. VR systems are deployed by medical professionals to deliver more effective and efficient services to patients in a more personalized manner. VR systems are considered beneficial in saving considerable healthcare-related expenses, enhancing patient care, and improving the service quality of bottom line caregivers. Dissimilar to videos or various other two-dimensional media that are non-interactive, VR can simulate and provide a sense of existence for individual patients in a comfortable and convenient setting. VR also offers significant advantages inpatient assessment processes by delivering visual aids for enabling the patient to be in a proper position to enhance disease symptom assessment and management. VR devices are used for rapid capture of critical healthcare information, thus easing any interventions occurring before the conduction of medical procedures.
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One of the report’s central components is the broad Virtual Reality in Medical Market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts team to evaluate the production and distribution capacities of Virtual Reality in Medical Market players.
The key companies studied in the report are:
Microsoft Corporation, Koninklijke Philips NV, Firsthand Technology Inc., Orca Health Inc., General Electric, Alphabet Inc., AppliedVR Inc., SyncThink Inc., Osso VR Inc., and EchoPixel Inc.
Emergen Research has segmented the global Virtual Reality (VR) in the medical market based on component, technology, end-use, and region:
Component Outlook (Revenue, USD Million; 2018–2028)
Technology Outlook (Revenue, USD Million; 2018–2028)
- Head-Mounted Technology
- Gesture Tracking Technology
- Projector & Display Walls Technology
End-Use Outlook (Revenue, USD Million; 2018–2028)
- Research Institutes
Key questions addressed in the report:
- What are the key factors driving the global Virtual Reality in Medical Market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders, and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Virtual Reality in Medical Market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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