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

The augmented reality & virtual reality in healthcare market in India is expected to reach a projected revenue of US$ 208.8 million by 2028. A compound annual growth rate of 30.4% is expected of India augmented reality & virtual reality in healthcare market from 2022 to 2028.

Revenue, 2021 (US$M)
$32.5
Forecast, 2028 (US$M)
$208.8
CAGR, 2022 - 2028
30.4%
Report Coverage
India

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

India

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India augmented reality & virtual reality in healthcare market highlights

  • The India augmented reality & virtual reality in healthcare market generated a revenue of USD 32.5 million in 2021 and is expected to reach USD 208.8 million by 2028.
  • The India market is expected to grow at a CAGR of 30.4% 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 32.5 million
Market revenue in 2028USD 208.8 million
Growth rate30.4% (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, India accounted for 1.8% 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.

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Augmented Reality & Virtual Reality In Healthcare Market Companies

Name Profile # Employees HQ Website

India 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 India augmented reality & virtual reality in healthcare market based on hardware, software, service covering the revenue growth of each sub-segment from 2016 to 2028.


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

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

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

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

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