Global Augmented Reality & Virtual Reality In Healthcare Market Size & Outlook
Global augmented reality & virtual reality in healthcare market, 2016-2028 (US$M)
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Global augmented reality & virtual reality in healthcare market highlights
- The global augmented reality & virtual reality in healthcare market generated a revenue of USD 1,776.0 million in 2021 and is expected to reach USD 9,549.3 million by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 27.2% by 2028.
- In terms of segment, hardware accounted for a revenue of USD 1,199.8 million in 2021.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2028.
Global data book summary
| Market revenue in 2021 | USD 1,776.0 million |
| Market revenue in 2028 | USD 9,549.3 million |
| Growth rate | 27.2% (CAGR from 2021 to 2028) |
| Largest segment | Hardware |
| Fastest growing segment | Service |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Service |
Other key industry trends
- In terms of revenue, the North America accounted for 40.2% of the global augmented reality & virtual reality in healthcare market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 2,872.7 million by 2028.
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Augmented Reality & Virtual Reality In Healthcare Market Scope
Augmented Reality & Virtual Reality In Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global augmented reality & virtual reality in healthcare market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to augmented reality & virtual reality in healthcare market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 67.56% in 2021. Horizon Databook has segmented the Global augmented reality & virtual reality in healthcare market based on hardware, software, service covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Augmented Reality & Virtual Reality In Healthcare component Outlook (Revenue, USD Million, 2016-2028)
- Hardware
- Software
- Service
- Global Augmented Reality & Virtual Reality In Healthcare Technology type Outlook (Revenue, USD Million, 2016-2028)
- Augmented reality
- Surgical Applications
- Rehabilitation
- Training and Continuing Medical Education
- Virtual reality
- Simulation
- Diagnostics
- Virtual Reality Exposure Therapy (VRET)
- Rehabilitation
- Pain Distraction
- Augmented reality
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Target buyers of Global augmented reality & virtual reality in healthcare market databook
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Our clientele includes a mix of augmented reality & virtual reality in healthcare market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global augmented reality & virtual reality in healthcare market , including forecasts for subscribers. This global databook contains high-level insights into Global augmented reality & virtual reality in healthcare market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Global augmented reality & virtual reality in healthcare market size, by regions, 2016-2028 (US$M)
Top 10 countries: Augmented reality & virtual reality in healthcare market size, 2021 (US$M)
Global augmented reality & virtual reality in healthcare market share, by component, 2021 & 2028 (%, US$M)
Augmented reality & virtual reality in healthcare market: Opportunity assessment by country
Global augmented reality & virtual reality in healthcare market, by region, 2021 (US$M)
| component | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 244.0 | 280.1 | 329.2 | 396.2 | 806.4 | 713.6 | 994.0 | 1,326.6 | 1,717.0 | 2,152.9 | 2,612.7 | 3,065.2 | 3,472.5 | 25.4% |
| Europe | 156.9 | 181.0 | 213.8 | 258.8 | 529.6 | 471.3 | 660.2 | 886.4 | 1,154.1 | 1,456.0 | 1,778.1 | 2,099.6 | 2,394.3 | 26.1% |
| Asia Pacific | 103.9 | 125.0 | 153.9 | 193.8 | 412.2 | 381.0 | 554.0 | 771.3 | 1,040.7 | 1,359.7 | 1,718.5 | 2,098.8 | 2,474.1 | 30.6% |
| Latin America | 40.8 | 48.1 | 58.0 | 71.6 | 149.4 | 135.6 | 193.8 | 265.3 | 352.3 | 453.2 | 564.4 | 679.5 | 790.0 | 28.6% |
| MEA | 23.1 | 27.0 | 32.3 | 39.7 | 82.4 | 74.4 | 105.8 | 144.1 | 190.3 | 243.6 | 301.8 | 361.6 | 418.4 | 28.0% |
| Overall | 568.7 | 661.3 | 787.2 | 960.0 | 1,980.0 | 1,776.0 | 2,507.7 | 3,393.6 | 4,454.4 | 5,665.5 | 6,975.5 | 8,304.7 | 9,549.3 | 27.2% |
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