Australia Augmented Reality & Virtual Reality In Healthcare Market Size & Outlook

The augmented reality & virtual reality in healthcare market in Australia is expected to reach a projected revenue of US$ 58.7 million by 2028. A compound annual growth rate of 36.9% is expected of Australia augmented reality & virtual reality in healthcare market from 2022 to 2028.
Revenue, 2021 (US$M)
$6.5
Forecast, 2028 (US$M)
$58.7
CAGR, 2022 - 2028
36.9%
Report Coverage
Australia

Australia augmented reality & virtual reality in healthcare market, 2016-2028 (US$M)

Australia

Related Markets

Australia augmented reality & virtual reality in healthcare market highlights

  • The Australia augmented reality & virtual reality in healthcare market generated a revenue of USD 6.5 million in 2021 and is expected to reach USD 58.7 million by 2028.
  • The Australia market is expected to grow at a CAGR of 36.9% from 2022 to 2028.
  • In terms of segment, hardware was the largest revenue generating component in 2021.
  • Service is the most lucrative component segment registering the fastest growth during the forecast period.


Augmented reality & virtual reality in healthcare market data book summary

Market revenue in 2021USD 6.5 million
Market revenue in 2028USD 58.7 million
Growth rate36.9% (CAGR from 2021 to 2028)
Largest segmentHardware
Fastest growing segmentService
Historical data2016 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Service
Key market players worldwideCAE Inc, GE HealthCare Technologies Inc Common Stock, Koninklijke Philips NV, Intuitive Surgical Inc, Siemens AG, MindMaze, EON Reality, Layar, BioflightVR, WorldViz, TheraSim


Other key industry trends

  • In terms of revenue, Australia accounted for 0.4% of the global augmented reality & virtual reality in healthcare market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In Asia Pacific, Japan augmented reality & virtual reality in healthcare market is projected to lead the regional market in terms of revenue in 2028.
  • Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 58.7 million by 2028.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Augmented Reality & Virtual Reality In Healthcare Market Companies

Name Profile # Employees HQ Website

Australia 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 67.69% in 2021. Horizon Databook has segmented the Australia augmented reality & virtual reality in healthcare market based on hardware, software, service covering the revenue growth of each sub-segment from 2016 to 2028.


Reasons to subscribe to Australia augmented reality & virtual reality in healthcare market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Australia augmented reality & virtual reality in healthcare market databook

  • Our clientele includes a mix of augmented reality & virtual reality in healthcare market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Australia augmented reality & virtual reality in healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Australia augmented reality & virtual reality in healthcare market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Australia augmented reality & virtual reality in healthcare market size, by component, 2016-2028 (US$M)

Australia Augmented Reality & Virtual Reality In Healthcare Market Outlook Share, 2021 & 2028 (US$M)

Australia augmented reality & virtual reality in healthcare market size, by component, 2016-2028 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more