InsightAce Analytic Pvt. Ltd. announces the release of its market assessment report. global Metaverse in the healthcare market Components (Software and Hardware) By Technology (Augmented Reality (AR), Virtual Reality (VR), Artificial Intelligence (AI), and Mixed Reality (MR)), Devices (VR Headsets, AR Devices, and Mixed Reality Platforms) , End- Users (Medical Training and Education Modules, Diagnosis, Operating Room Design, Treatment, Surgical Training, Remote Monitoring, etc.), Trends, Industry Competitive Analysis, Revenue and Forecasts to 2030.
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According to the latest research by InsightAce Analytic, the global metaverse in healthcare market was valued at USD 5.06 billion in 2021 and is expected to reach USD 71.2 billion by 2030, at a CAGR of 34.8%. 2022 to 2030.
Although the concept of the metaverse is still in its infancy, many new dimensions will soon be added as major social players incorporate various aspects of virtual reality and immersive experiences. This will be a great learning and empowering resource for both healthcare providers and patients. The importance of the metaverse integration of virtual reality, augmented reality, artificial intelligence, edge and quantum computing, the Internet of Medical Things, Web 3.0, intelligent cloud, and robotics to the evolution of healthcare is immense. Augmented reality is setting aside its silly headsets and science fiction to transform the way people interact with medical professionals.
The Metaverse will expand into the medical field as more difficult surgical procedures will be performed with greater precision and flexibility using AR platforms. Increasing collaboration between leading companies to develop AR and VR solutions to enhance general surgical environments and rapidly increasing investments to create metaverse platforms to transform the medical field will continue to grow in the coming years. Two key factors are expected to have a significant impact on market returns over the year. Many companies are investing extensively in digital healthcare platforms to enhance other healthcare services through augmented reality, streamline the transition to virtual reality, and improve the telehealth experience. Metaverse challenges in healthcare include patient data privacy, the high cost of high-tech equipment, and the rising price of more advanced digital health infrastructure.
North America is expected to contribute significantly to the metaverse in healthcare market over the forecast year. Reasons for this include the region’s high concentration of metaverse-focused companies, rapid advancements in medical infrastructure, integration of AR and VR platforms into the medical field, increased investment in AR products and services, software and advances in hardware. . Furthermore, the Asia-Pacific metaverse in healthcare market is expected to grow significantly during the forecast period. The Metaverse market in Asia Pacific is expected to grow the fastest due to the increasing use of the internet and other technologies to merge the digital and physical worlds. Mixed Reality is gaining popularity and momentum as a means to accelerate the application of capabilities that are expanding across a variety of trends in many companies in China, Japan, and India.
Key market players operating in the metaverse in the healthcare market include BioflightVR, CAE Inc., Devden Creative Solutions Pvt., etc. Ltd., Dhi Tattva Solutions Pvt. Ltd., Eon Reality Inc., Intuitive Surgical Inc., CableLabs, Microsoft, Google LLC, Meta Platforms, Inc., 8chilli, Inc., Global Healthcare Academy, 3D Systems Corp., AccuVein Inc. ., ImmersiveTouch Inc., Intuitive Surgical Inc., Koninklijke Philips NV, Medical Realities Ltd., MindMaze SA, Oodles Technologies, Siemens AG, Sky Gate, UnitedHealth Group Inc., Wipro Ltd., WorldViz Inc.
Recent collaborations and agreements in the market:
- According to Meta Platforms, construction of Metaverse 2021 in April 2022 will cost $10 billion. To speed up tasks related to the Metaverse, the company is currently creating the world’s fastest supercomputer. With virtual reality social platform Horizon Worlds, Meta Platforms appears to have made significant progress towards monetizing the Metaverse. The company revealed that it is currently testing ways for creators and developers to sell virtual goods and experiences within the three-dimensional realm of the Metaverse.
- In March 2022, Ventyn joined the Health Metaverse using the 8chili HintVR VR platform to improve care coordination. By combining artificial intelligence with the power of 3D content and digital health apps, virtual reality platforms offer virtual training, patient engagement, education, and health coaching.
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Global Metaverse in Healthcare Markets, Author component, 2022-2030 (value in million USD)
Global Metaverse in Healthcare Markets, Author technology, 2022-2030 (value in million USD)
- Augmented reality (AR)
- Virtual reality (VR)
- Artificial intelligence (AI)
- Mixed reality (MR)
Global Metaverse in Healthcare Markets, Author device, 2022-2030 (value in million USD)
- VR headset
- AR device
- mixed reality platform
Global Metaverse in Healthcare Markets, Author End-user, 2022-2030 (value in million USD)
- Medical training and education modules
- OR design
- surgical training
- remote monitoring
Global Metaverse in Healthcare Markets, Author region, 2022-2030 (value in million USD)
- North America
- Asia Pacific
- latin america
- middle east and africa
North American Metaverse in Healthcare Markets, Author Country2022-2030 (value USD million)
European Metaverse in Healthcare Markets, Author Country2022-2030 (value USD million)
- rest of europe
Asia-Pacific Metaverse in Healthcare Market, Author Country2022-2030 (value USD million)
- South Korea
- australia and new zealand
Latin American Metaverse in Healthcare Markets, Author Country2022-2030 (value USD million)
- Rest of Latin America
Middle East and Africa Metaverse in Healthcare Markets, Author Country2022-2030 (value USD million)
- GCC countries
- South Africa
- rest of the middle east and africa
Reasons to purchase this report:
- Receive a comprehensive analysis of the global Metaverse in Healthcare market outlook
- Understand the industry overview and future trends of Metaverse in the healthcare market
- Analyzing the drivers and challenges of the healthcare market metaverse
- To get information about Metaverse Market Value (USD Million) Forecast in Healthcare Market to 2030
- Major Metaverse investments, mergers and acquisitions in the healthcare market industry
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