South Africa Augmented Reality & Virtual Reality In Healthcare Market Size & Outlook
South Africa augmented reality & virtual reality in healthcare market, 2016-2028 (US$M)
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South Africa augmented reality & virtual reality in healthcare market highlights
- The South Africa augmented reality & virtual reality in healthcare market generated a revenue of USD 26.5 million in 2021 and is expected to reach USD 151.8 million by 2028.
- The South Africa market is expected to grow at a CAGR of 28.3% 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 2021 | USD 26.5 million |
| Market revenue in 2028 | USD 151.8 million |
| Growth rate | 28.3% (CAGR from 2021 to 2028) |
| Largest segment | Hardware |
| Fastest growing segment | Service |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Service |
| Key market players worldwide | CAE 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, South Africa accounted for 1.5% 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 Middle East & Africa, South Africa augmented reality & virtual reality in healthcare market is projected to lead the regional market in terms of revenue in 2028.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 52.1 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 |
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South Africa 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 67.55% in 2021. Horizon Databook has segmented the South Africa 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.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa augmented reality & virtual reality in healthcare market , including forecasts for subscribers. This country databook contains high-level insights into South Africa augmented reality & virtual reality in healthcare market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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South Africa augmented reality & virtual reality in healthcare market size, by component, 2016-2028 (US$M)
South Africa Augmented Reality & Virtual Reality In Healthcare Market Outlook Share, 2021 & 2028 (US$M)
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