The Global Augmented Reality In Health Care Market Report by The Business Research Company covers AR in health care market drivers and restraints, augmented reality in healthcare market size, major players, and the impact of COVID-19 on the AR in healthcare market.
The augmented reality in health care market consists of sales of augmented reality hardware and software in healthcare by entities (organizations, sole traders, and partnerships) which allows physicians to integrate data visualization into treatment and diagnostic procedures. The use of AR in healthcare allows the generation of interactive and rich experiences that show how clinical instruments and new drugs interact with the patient’s body. AR devices in health care make use of augmented technology to better perform surgeries and diagnosis with the help of visualization and real time data.
The global augmented reality in health care market is expected to grow from $1,065.14 million in 2020 to $1,415.23 million in 2021 at a compound annual growth rate (CAGR) of 32.9%. The change in growth trend of the AR in healthcare market is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The augmented reality in healthcare market is expected to reach $4,145.48 million in 2025 at a CAGR of 30.8%.
The increasing geriatric population is expected to propel the growth of the AR in healthcare market over coming years. The elderly population is increasing rapidly across the world and it is expected to continue over the forecast period. The older population is prone to a number of diseases and ailments that require surgeries. The use of AR in surgeries allows surgeons to visualize a patient’s anatomy side by side with their MRI and CT scan data.
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Some augmented reality in health care market trends include new product launches. Major companies operating in the AR in healthcare sector are focused on product innovations for AR in healthcare to improve the accuracy in treatment.
Global augmented reality in health care market segments include:
1) By Product: Hardware, Software
2) By Technology: Wearable, Vision-Based, Spatial, Mobile Device-Based
3) By Device Type: Head-Mounted Displays, Handheld Devices, Others
4) By End-User: Hospitals And Clinics, Research Laboratories, Others
5) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Augmented Reality In Health Care Global Market Report 2021: COVID-19 Implications And Growth is one of a series of new reports from The Business Research Company that provides augmented reality in health care market overviews, analyzes and forecasts market size, share, augmented reality in health care market players, augmented reality in health care market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The augmented reality in health care identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Augmented Reality In Health Care Global Market Report 2021: COVID-19 Implications And Growth from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Microsoft Corporation, Sony Corporation, Siemens Healthineers, Koninklijke Philips N.V., CAE Healthcare, 3D Systems, Augmedix, AccuVein Inc., Osterhout Design Group Inc., Magic Leap Inc., Atheer Inc, VirtaMed, and ARToolworks Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Augmented Reality In Health Care Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Augmented Reality In Health Care Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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