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Virtual Reality in Healthcare Market – By Offering (Hardware Device, Services, and Software), by Application (Visualization (Virtual Endoscopy, Colonoscopy), Radiotherapy, Computer Assisted Surgery, Dentistry, Disability & Rehabilitation, Pain Management, Phobias, Telehealth, Medical Training/Teaching/Determining Level of Skill, and Mental Health, Psychological Therapy, & Post Traumatic Stress Disorder), and by End-User (Hospitals, Clinics, & Surgical Centers, Healthcare Institutes, and Diagnostic Laboratories) : Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2027

  • Publish On: Sep-2019
  • Total Pages: 110
  • Report Code: FAF-55
  • Base Year: 2018
  • Format:

Industry Insights

The report covers the forecast and analysis of the virtual reality in healthcare market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the virtual reality in healthcare market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the virtual reality in healthcare market on a global level.

In order to give the users of this report a comprehensive view of the virtual reality in healthcare market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the virtual reality in healthcare market by segmenting the market based on the offering, application, end-user,and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The growth of healthcare IT infrastructure is likely to soar the business trends over the forecast timeline. Apparently, applications of VR immersion therapy in psychological ailments like depression and phobias will further uplift the virtual reality in healthcare industry expansion during the forecast timeline. Nevertheless, the low level of expertise witnessed among the physicians as well as the low proportion of their adaptability to innovative techniques along with the lack of proficiency in deploying VR services in the healthcare sector will obstruct the market progress over the forecast timespan.

In terms of the offering, the market for virtual reality in healthcare is sectored into Services, Hardware Device, and Software. Application-wise, the industry is divided into Computer Assisted Surgery, Radiotherapy,Telehealth,Pain Management, Disability & Rehabilitation, Visualization, Dentistry, Phobias, Medical Training/Teaching/Determining Level of Skill, and Mental Health, Psychological Therapy, & Post Traumatic Stress Disorder. On the basis of end-user, the market is classified into Healthcare Institutes, Hospitals, Clinics, & Surgical Centers, and Diagnostic Laboratories.

The key players included in this market are  SimX, Inc., Medical Realities Ltd., SURGICAL THEATER, LLC, Intuitive Surgical, General Electric, Facebook Technology LLC (Oculus VR), Firsthand Technology, Inc., FundamentalVR, ImmersiveTouch, Inc., Koninklijke Philips N.V., Mindmaze, Osso VR, Program-Ace, Psico Smart Apps, S.L., Qualcomm Technologies, Inc., SAMSUNG ELECTRONICS CO., LTD., Siemens Healthcare Private Limited, Vicarious Surgical, and zSpace, Inc.

Table of Content

  • Chapter 1. Executive Summary 25
  • Chapter 2. Virtual Reality in Healthcare market -Offering Analysis 27
    • 2.1. Global Virtual Reality in Healthcare Market -Offering Overview 27
    • 2.2. Global Virtual Reality in Healthcare Market Share, by Offering, 2018 & 2025 (USD Million) 27
    • 2.3. Hardware Device 29
      • 2.3.1. Global Hardware Device Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 29
    • 2.4. Software 30
      • 2.4.1. Global Software Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 30
    • 2.5. Services 31
      • 2.5.1. Global Services Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 31
  • Chapter 3. Virtual Reality in Healthcare market -Application Analysis 32
    • 3.1. Global Virtual Reality in Healthcare Market -Application Overview 32
    • 3.2. Global Virtual Reality in Healthcare Market Share, by Application, 2018 & 2025 (USD Million) 32
    • 3.3. Visualization 34
      • 3.3.1. Global Visualization Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 34
    • 3.4. Computer Assisted Surgery 35
      • 3.4.1. Global Computer Assisted Surgery Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 35
    • 3.5. Radiotherapy 36
      • 3.5.1. Global Radiotherapy Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 36
    • 3.6. Dentistry 37
      • 3.6.1. Global Dentistry Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 37
    • 3.7. Mental Health, Psychological Therapy and Post Traumatic Stress Disorder (PTSD) 38
      • 3.7.1. Global Mental Health, Psychological Therapy and Post Traumatic Stress Disorder (PTSD) Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 38
    • 3.8. Phobias 39
      • 3.8.1. Global Phobias Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 39
    • 3.9. Telehealth 40
      • 3.9.1. Global Telehealth Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 40
    • 3.10. Disability and Rehabilitation 41
      • 3.10.1. Global Disability and Rehabilitation Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 41
    • 3.11. Medical Training/ Teaching/ Determining Level of Skill 42
      • 3.11.1. Global Medical Training/ Teaching/ Determining Level of Skill Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 42
    • 3.12. Pain Management 43
      • 3.12.1. Global Pain Management Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 43
    • 3.13. Others 44
      • 3.13.1. Global Others Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 44
  • Chapter 4. Virtual Reality in Healthcare market -End User Analysis 44
    • 4.1. Global Virtual Reality in Healthcare Market -End User Overview 44
    • 4.2. Global Virtual Reality in Healthcare Market Share, by End User, 2018 & 2025 (USD Million) 45
    • 4.3. Hospitals, Clinics, and Surgical Centers 46
      • 4.3.1. Global Hospitals, Clinics, and Surgical Centers Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 46
    • 4.4. Diagnostic Laboratories 47
      • 4.4.1. Global Diagnostic Laboratories Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 47
    • 4.5. Healthcare Institutes 48
      • 4.5.1. Global Healthcare Institutes Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 48
    • 4.6. Others 49
      • 4.6.1. Global Others Virtual Reality in Healthcare Market, 2015-2027 (USD Million) 49
  • Chapter 5. Virtual Reality in Healthcare market -Regional Analysis 50
    • 5.1. Global Virtual Reality in Healthcare Market Regional Overview 50
    • 5.2. Global Virtual Reality in Healthcare Market Share, by Region, 2018 & 2025 (Value) 50
    • 5.3. North America 52
      • 5.3.1. North America Virtual Reality in Healthcare Market size and forecast, 2015-2027 52
      • 5.3.2. North America Virtual Reality in Healthcare Market, by Country, 2018 & 2025 (USD Million) 52
      • 5.3.3. North America Virtual Reality in Healthcare Market, by Offering, 2015-2027 54
        • 5.3.3.1. North America Virtual Reality in Healthcare Market, by Offering, 2015-2027 (USD Million) 54
      • 5.3.4. North America Virtual Reality in Healthcare Market, by Application, 2015-2027 55
        • 5.3.4.1. North America Virtual Reality in Healthcare Market, by Application, 2015-2027 (USD Million) 55
      • 5.3.5. North America Virtual Reality in Healthcare Market, by End User, 2015-2027 57
        • 5.3.5.1. North America Virtual Reality in Healthcare Market, by End User, 2015-2027 (USD Million) 57
      • 5.3.6. U.S. 58
        • 5.3.6.1. U.S. Market size and forecast, 2015-2027 (USD Million) 58
      • 5.3.7. Canada 59
        • 5.3.7.1. Canada Market size and forecast, 2015-2027 (USD Million) 59
      • 5.3.8. Mexico 60
        • 5.3.8.1. Mexico Market size and forecast, 2015-2027 (USD Million) 60
    • 5.4. Europe 61
      • 5.4.1. Europe Virtual Reality in Healthcare Market size and forecast, 2015-2027 61
      • 5.4.2. Europe Virtual Reality in Healthcare Market, by Country, 2018 & 2025 (USD Million) 61
      • 5.4.3. Nordic Countries Virtual Reality in Healthcare Market, by Country, 2018 & 2025 (USD Million) 62
      • 5.4.4. Benelux Union Virtual Reality in Healthcare Market, by Country, 2018 & 2025 (USD Million) 62
      • 5.4.5. Europe Virtual Reality in Healthcare Market, by Offering, 2015-2027 63
        • 5.4.5.1. Europe Virtual Reality in Healthcare Market, by Offering, 2015-2027 (USD Million) 63
      • 5.4.6. Europe Virtual Reality in Healthcare Market, by Application, 2015-2027 64
        • 5.4.6.1. Europe Virtual Reality in Healthcare Market, by Application, 2015-2027 (USD Million) 64
      • 5.4.7. Europe Virtual Reality in Healthcare Market, by End User, 2015-2027 65
        • 5.4.7.1. Europe Virtual Reality in Healthcare Market, by End User, 2015-2027 (USD Million) 65
      • 5.4.8. France 66
        • 5.4.8.1. France Market size and forecast, 2015-2027 (USD Million) 66
      • 5.4.9. The UK 67
        • 5.4.9.1. The UK Market size and forecast, 2015-2027 (USD Million) 67
      • 5.4.10. Spain 68
        • 5.4.10.1. Spain Market size and forecast, 2015-2027 (USD Million) 68
      • 5.4.11. Germany 69
        • 5.4.11.1. Germany Market size and forecast, 2015-2027 (USD Million) 69
      • 5.4.12. Italy 70
        • 5.4.12.1. Italy Market size and forecast, 2015-2027 (USD Million) 70
      • 5.4.13. Nordic Countries 71
        • 5.4.13.1. Nordic Countries Market size and forecast, 2015-2027 (USD Million) 71
      • 5.4.14. Benelux Union 72
        • 5.4.14.1. Benelux Union Market size and forecast, 2015-2027 (USD Million) 72
      • 5.4.15. Rest of Europe 73
        • 5.4.15.1. Rest of Europe Market size and forecast, 2015-2027 (USD Million) 73
    • 5.5. Asia Pacific 74
      • 5.5.1. Asia Pacific Virtual Reality in Healthcare Market size and forecast, 2015-2027 74
      • 5.5.2. Asia Pacific Virtual Reality in Healthcare Market, by Country, 2018 & 2025 (USD Million) 74
      • 5.5.3. Southeast Asia Virtual Reality in Healthcare Market, by Country, 2018 & 2025 (USD Million) 75
      • 5.5.4. Asia Pacific Virtual Reality in Healthcare Market, by Offering, 2015-2027 76
        • 5.5.4.1. Asia Pacific Virtual Reality in Healthcare Market, by Offering, 2015-2027 (USD Million) 76
      • 5.5.5. Asia Pacific Virtual Reality in Healthcare Market, by Application, 2015-2027 77
        • 5.5.5.1. Asia Pacific Virtual Reality in Healthcare Market, by Application, 2015-2027 (USD Million) 77
      • 5.5.6. Asia Pacific Virtual Reality in Healthcare Market, by End User, 2015-2027 79
        • 5.5.6.1. Asia Pacific Virtual Reality in Healthcare Market, by End User, 2015-2027 (USD Million) 79
      • 5.5.7. China 80
        • 5.5.7.1. China Market size and forecast, 2015-2027 (USD Million) 80
      • 5.5.8. Japan 81
        • 5.5.8.1. Japan Market size and forecast, 2015-2027 (USD Million) 81
      • 5.5.9. India 82
        • 5.5.9.1. India Market size and forecast, 2015-2027 (USD Million) 82
      • 5.5.10. New Zealand 83
        • 5.5.10.1. New Zealand Market size and forecast, 2015-2027 (USD Million) 83
      • 5.5.11. Australia 84
        • 5.5.11.1. Australia Market size and forecast, 2015-2027 (USD Million) 84
      • 5.5.12. South Korea 85
        • 5.5.12.1. South Korea Market size and forecast, 2015-2027 (USD Million) 85
      • 5.5.13. Southeast Asia 86
        • 5.5.13.1. Southeast Asia Market size and forecast, 2015-2027 (USD Million) 86
      • 5.5.14. Rest of Asia Pacific 87
        • 5.5.14.1. Rest of Asia Pacific Market size and forecast, 2015-2027 (USD Million) 87
    • 5.6. Latin America 88
      • 5.6.1. Latin America Virtual Reality in Healthcare Market size and forecast, 2015-2027 88
      • 5.6.2. Latin America Virtual Reality in Healthcare Market, by Country, 2018 & 2025 (USD Million) 88
      • 5.6.3. Latin America Virtual Reality in Healthcare Market, by Offering, 2015-2027 90
        • 5.6.3.1. Latin America Virtual Reality in Healthcare Market, by Offering, 2015-2027 (USD Million) 90
      • 5.6.4. Latin America Virtual Reality in Healthcare Market, by Application, 2015-2027 91
        • 5.6.4.1. Latin America Virtual Reality in Healthcare Market, by Application, 2015-2027 (USD Million) 91
      • 5.6.5. Latin America Virtual Reality in Healthcare Market, by End User, 2015-2027 93
        • 5.6.5.1. Latin America Virtual Reality in Healthcare Market, by End User, 2015-2027 (USD Million) 93
      • 5.6.6. Brazil 94
        • 5.6.6.1. Brazil Market size and forecast, 2015-2027 (USD Million) 94
      • 5.6.7. Argentina 95
        • 5.6.7.1. Argentina Market size and forecast, 2015-2027 (USD Million) 95
      • 5.6.8. Rest of Latin America 96
        • 5.6.8.1. Rest of Latin America Market size and forecast, 2015-2027 (USD Million) 96
    • 5.7. Middle East & Africa 97
      • 5.7.1. Middle East & Africa Virtual Reality in Healthcare Market size and forecast, 2015-2027 97
      • 5.7.2. Middle East & Africa Virtual Reality in Healthcare Market, by Country, 2018 & 2025 (USD Million) 97
      • 5.7.3. Middle East & Africa Virtual Reality in Healthcare Market, by Offering, 2015-2027 99
        • 5.7.3.1. Middle East & Africa Virtual Reality in Healthcare Market, by Offering, 2015-2027 (USD Million) 99
      • 5.7.4. Middle East & Africa Virtual Reality in Healthcare Market, by Application, 2015-2027 100
        • 5.7.4.1. Middle East & Africa Virtual Reality in Healthcare Market, by Application, 2015-2027 (USD Million) 100
      • 5.7.5. Middle East & Africa Virtual Reality in Healthcare Market, by End User, 2015-2027 102
        • 5.7.5.1. Middle East & Africa Virtual Reality in Healthcare Market, by End User, 2015-2027 (USD Million) 102
      • 5.7.6. Saudi Arabia 103
        • 5.7.6.1. Saudi Arabia Market size and forecast, 2015-2027 (USD Million) 103
      • 5.7.7. UAE 104
        • 5.7.7.1. UAE Market size and forecast, 2015-2027 (USD Million) 104
      • 5.7.8. Egypt 105
        • 5.7.8.1. Egypt Market size and forecast, 2015-2027 (USD Million) 105
      • 5.7.9. Kuwait 106
        • 5.7.9.1. Kuwait Market size and forecast, 2015-2027 (USD Million) 106
      • 5.7.10. South Africa 107
        • 5.7.10.1. South Africa Market size and forecast, 2015-2027 (USD Million) 107
      • 5.7.11. Rest of Middle East & Africa 108
        • 5.7.11.1. Rest of Middle East & Africa Market size and forecast, 2015-2027 (USD Million) 108
  • Chapter 6. Virtual Reality in Healthcare market -Competitive Landscape 109
    • 6.1. Competitor Market Share -Revenue 109
    • 6.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players 111
    • 6.3. Strategic Development 112
      • 6.3.1. Acquisitions and Mergers 112
      • 6.3.2. New Products 112
      • 6.3.3. Research & Development Activities 112
  • Chapter 7. Company Profiles 113
    • 7.1. Firsthand Technology 113
      • 7.1.1. Company Overview 113
      • 7.1.2. Firsthand Technology Revenue and Gross Margin 113
      • 7.1.3. Product portfolio 114
      • 7.1.4. Recent initiatives 115
    • 7.2. FundamentalVR 115
    • 7.2.1. Company Overview 115
      • 7.2.2. FundamentalVR Revenue and Gross Margin 115
      • 7.2.3. Product portfolio 116
      • 7.2.4. Recent initiatives 117
    • 7.3. Facebook, Inc. 117
      • 7.3.1. Company Overview 117
      • 7.3.2. Facebook, Inc. Revenue and Gross Margin 117
      • 7.3.3. Product portfolio 118
      • 7.3.4. Recent initiatives 119
    • 7.4. General Electric 119
      • 7.4.1. Company Overview 119
      • 7.4.2. General Electric Revenue and Gross Margin 119
      • 7.4.3. Product portfolio 120
      • 7.4.4. Recent initiatives 121
    • 7.5. ImmersiveTouch 121
      • 7.5.1. Company Overview 121
      • 7.5.2. ImmersiveTouch Revenue and Gross Margin 121
      • 7.5.3. Product portfolio 122
      • 7.5.4. Recent initiatives 123
    • 7.6. Intuitive Surgical 123
      • 7.6.1. Company Overview 123
      • 7.6.2. Intuitive Surgical Revenue and Gross Margin 123
      • 7.6.3. Product portfolio 124
      • 7.6.4. Recent initiatives 125
    • 7.7. Koninklijke Philips NV 125
      • 7.7.1. Company Overview 125
      • 7.7.2. Koninklijke Philips NV Revenue and Gross Margin 125
      • 7.7.3. Product portfolio 126
      • 7.7.4. Recent initiatives 127
    • 7.8. Medical Realities Ltd. 127
      • 7.8.1. Company Overview 127
      • 7.8.2. Medical Realities Ltd. Revenue and Gross Margin 127
      • 7.8.3. Product portfolio 128
      • 7.8.4. Recent initiatives 129
    • 7.9. Mindmaze 129
      • 7.9.1. Company Overview 129
      • 7.9.2. Mindmaze Revenue and Gross Margin 129
      • 7.9.3. Product portfolio 130
      • 7.9.4. Recent initiatives 131
    • 7.10. Osso VR 131
      • 7.10.1. Company Overview 131
      • 7.10.2. Osso VR Revenue and Gross Margin 131
      • 7.10.3. Product portfolio 132
      • 7.10.4. Recent initiatives 133
    • 7.11. Program-Ace 133
      • 7.11.1. Company Overview 133
      • 7.11.2. Program-Ace Revenue and Gross Margin 133
      • 7.11.3. Product portfolio 134
      • 7.11.4. Recent initiatives 135
    • 7.12. Psious 135
      • 7.12.1. Company Overview 135
      • 7.12.2. Psious Revenue and Gross Margin 135
      • 7.12.3. Product portfolio 136
      • 7.12.4. Recent initiatives 137
    • 7.13. Qualcomm Inc. 137
      • 7.13.1. Company Overview 137
      • 7.13.2. Qualcomm Inc. Revenue and Gross Margin 137
      • 7.13.3. Product portfolio 138
      • 7.13.4. Recent initiatives 139
    • 7.14. Samsung Electronics Co., Ltd. 139
      • 7.14.1. Company Overview 139
      • 7.14.2. Samsung Electronics Co., Ltd. Revenue and Gross Margin 139
      • 7.14.3. Product portfolio 140
      • 7.14.4. Recent initiatives 141
    • 7.15. SimX Inc. 141
      • 7.15.1. Company Overview 141
      • 7.15.2. SimX Inc. Revenue and Gross Margin 141
      • 7.15.3. Product portfolio 142
      • 7.15.4. Recent initiatives 143
    • 7.16. Surgical Theater LLC 143
      • 7.16.1. Company Overview 143
      • 7.16.2. Surgical Theater LLC Revenue and Gross Margin 143
      • 7.16.3. Product portfolio 144
      • 7.16.4. Recent initiatives 145
    • 7.17. Vicarious Surgical 145
      • 7.17.1. Company Overview 145
      • 7.17.2. Vicarious Surgical Revenue and Gross Margin 145
      • 7.17.3. Product portfolio 146
      • 7.17.4. Recent initiatives 147
    • 7.18. Siemens Healthineers 147
      • 7.18.1. Company Overview 147
      • 7.18.2. Siemens Healthineers Revenue and Gross Margin 147
      • 7.18.3. Product portfolio 148
      • 7.18.4. Recent initiatives 149
    • 7.19. zSpace, Inc. 149
      • 7.19.1. Company Overview 149
      • 7.19.2. zSpace, Inc. Revenue and Gross Margin 149
      • 7.19.3. Product portfolio 150
      • 7.19.4. Recent initiatives 151
  • Chapter 8. Virtual Reality in Healthcare ' Industry Analysis 152
    • 8.1. Virtual Reality in Healthcare Market -Key Trends 152
      • 8.1.1. Market Drivers 153
      • 8.1.2. Market Restraints 153
      • 8.1.3. Market Opportunities 154
    • 8.2. Value Chain Analysis 155
    • 8.3. Technology Roadmap and Timeline 156
    • 8.4. Virtual Reality in Healthcare Market -Attractiveness Analysis 157
      • 8.4.1. By Offering 157
      • 8.4.2. By Application 157
      • 8.4.3. By End User 158
      • 8.4.4. By Region 160
  • Chapter 9. Marketing Strategy Analysis, Distributors 161
    • 9.1. Marketing Channel 161
    • 9.2. Direct Marketing 162
    • 9.3. Indirect Marketing 162
    • 9.4. Marketing Channel Development Trend 162
    • 9.5. Economic/Political Environmental Change 163
  • Chapter 10. Report Conclusion 164
  • Chapter 11. Research Approach & Methodology 165
    • 11.1. Report Description 165
    • 11.2. Research Scope 166
    • 11.3. Research Methodology 166
      • 11.3.1. Secondary Research 167
      • 11.3.2. Primary Research 168
      • 11.3.3. Models 169
        • 11.3.3.1. Company Share Analysis Model 169
        • 11.3.3.2. Revenue Based Modeling 170
        • 11.3.3.3. Research Limitations 170

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