COVID-19 to Influence Innovations for Augmented Reality in Healthcare Market: Global Industry Size, Growth, Technology Trends, Top Companies Analysis

Augmented Reality in Healthcare Market Research Report: Information by Component (Hardware, Software), Device Type (Head-Mounted Display), Application (Fitness Management) – Global Forecast till 2023

Augmented Reality in Healthcare Market Overview:

The global report by Market Research Future (MRFR) market analysts on the augmented reality in the healthcare market revealed a possibility of scaling USD 1.32 billion with a 23% CAGR during the forecast period of 2018 to 2023. The growth of this market would depend on various factors, including the hike in investment for research and development area, initiatives taken by governments and private bodies, rise in the demand for telemedicine, better app support, growing digitalization, and others. However, the market is yet to reach a substantial potential as several aspects of it are still to be explored.

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Augmented Reality in Healthcare Market Segmentation:

The global report containing details of the augmented reality in the healthcare market has been segmented by MRFR experts into device type, component, and application to inspire a better understanding of the market.

By component, the report of the augmented reality in the healthcare market has been segmented into software, hardware, and others. The hardware segment encompasses cameras, displays and projectors, position trackers, sensors, and others.

By device type, the global report on the augmented reality in the healthcare market has been segmented into a handheld device, head-mounted display, and others.

By application, the recent market study includes segments like medical training and education, fitness management, and others. The fitness management segment has substantial opportunities to inspire better revenue-generation.

Augmented Reality in Healthcare Market Regional Analysis:

The Americas would enjoy the upper hand in the Augmented Reality in Healthcare Market as several of the app developers are from this region. In North America, the market would discover various growth pockets, especially in the US and Canada. Their financial influx and infrastructural superiority would help the market in growing faster.

Augmented Reality in Healthcare Market Competitive Analysis:

DAQRI (U.S.), Mindmaze (Switzerland), Google LLC. (U.S.), Microsoft Corporation (U.S.), Medical Realities (U.K), Atheer (U.S.), Osterhout Design Group (U.S.), Wikitude GmbH (Austria), CAE Healthcare (U.S.), Philips Healthcare (Netherlands & U.S.), Siemens Healthineers (Germany), Magic Leap, Inc. (U.S.), Augmedix (U.S.), Oculus VR (U.S.), VirtaMed (Switzerland), HTC (Taiwan), 3D Systems (U.S.), Blippar (U.K), and Virtually Better (U.S.), are companies involved in the augmented reality in the healthcare market. These companies invest their strength in building resources that would help in the triggering growth for the market. The process relies on strategic expertise and implementation of methods like mergers, acquisitions, innovations, product launch, partnerships, and others—these help in creating scopes for expansions. MRFR’s attempt to record the recent changes in the market is expected to create better opportunities for players to devise their strategies.

Augmented Reality in Healthcare Industry News:

The recent crisis related to COVDI-19 has inspired substantial changes in the healthcare sector. The industry in now more eager to adopt methods that would reduce the number of hospitals or clinic visits to curb the scopes of contraction of the disease. This requires a proper study of how digital media can help in better diagnosis. This would involve physicians and nurses. But the process would also require a certain level of knowledge regarding how to make the best of it from a patient’s perspective. Hence, combined participation is getting encouraged by certain factions to avoid any discrepancies later.

In June 2020, MARUX announced that they had filed a provisional patent application with the US Patent and Trademark Office. The application is covering areas including artificial intelligence, machine learning, and extended/cross-reality that would serve the Company's remote medical diagnostics and remote monitoring application. The process would involve medical care and services regarding the internet of health things (IoHT). This would also help in gathering data and then using its potential to initiate various researches.

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global Augmented Reality In Healthcare Market

5 Industry Overview Of Global Augmented Reality In Healthcare Market

...Continued..

LIST OF TABLES

Table 1 Global Augmented Reality In Healthcare Market: By Region, 2017-2023

Table 2 North America Augmented Reality In Healthcare Market: By Country, 2017-2023

Table 3 Europe Augmented Reality In Healthcare Market: By Country, 2017-2023

Table 4 Asia-Pacific Augmented Reality In Healthcare Market: By Country, 2017-2023

Table 5 Middle East & Africa Augmented Reality In Healthcare Market: By Country, 2017-2023

Table 6 Latin America Augmented Reality In Healthcare Market: By Country, 2017-2023

Table 7 Global Augmented Reality In Healthcare By Component Market: By Regions, 2017-2023

...Continued

LIST OF FIGURES

FIGURE 1 Global Augmented Reality In Healthcare Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis Of Global Augmented Reality In Healthcare Market

FIGURE 4 Value Chain Of Global Augmented Reality In Healthcare Market

FIGURE 5 Share Of Global Augmented Reality In Healthcare Market In 2017, By Country (In %)

FIGURE 6 Global Augmented Reality In Healthcare Market, 2017-2023

...Continued

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