Global Augmented and Virtual Reality in Healthcare Market Report 2021: Market to Reach $7.8 Billion by 2027 – Hardware Segment to Account for $4.5 Billion – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Augmented and Virtual Reality in Healthcare – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Augmented and Virtual Reality in Healthcare Market to Reach $7.8 Billion by 2027
Amid the COVID-19 crisis, the global market for Augmented and Virtual Reality in Healthcare estimated at US$1.5 Billion in the year 2020, is projected to reach a revised size of US$7.8 Billion by 2027, growing at a CAGR of 26.1% over the analysis period 2020-2027.
Hardware, one of the segments analyzed in the report, is projected to record a 25.1% CAGR and reach US$4.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 26.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $458.5 Million, While China is Forecast to Grow at 25.5% CAGR
The Augmented and Virtual Reality in Healthcare market in the U.S. is estimated at US$458.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 25.5% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 23.3% and 22.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 18.4% CAGR.
Services Segment to Record 28.5% CAGR
In the global Services segment, USA, Canada, Japan, China and Europe will drive the 28.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$178.9 Million in the year 2020 will reach a projected size of US$1 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$923.3 Million by the year 2027.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS (Total 38 Featured):
- Atheer
- Augmedix
- Daqri
- Echopixel
- Firsthand Technology
- Medical Realities
- Microsoft
- Mindmaze
- Oculus VR
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- World Current & Future Analysis for Augmented and Virtual Reality in Healthcare by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
- World Historic Review for Augmented and Virtual Reality in Healthcare by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
- World 15-Year Perspective for Augmented and Virtual Reality in Healthcare by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2020 & 2027
- World 15-Year Perspective for Hardware by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
- World 15-Year Perspective for Software by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
- World 15-Year Perspective for Services by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
- World 15-Year Perspective for Augmented Reality by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
- World 15-Year Perspective for Virtual Reality by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 38
For more information about this report visit https://www.researchandmarkets.com/r/5ftm8x
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