Metaverse in Healthcare Market
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Metaverse in Healthcare Market (Component (Software, Hardware), Technology (AR, VR, AI, MR), Device (VR Headsets, AR Devices, Mixed Reality Platforms), End-user (Medical Training & Education Modules, Diagnosis, Treatment, Designing ORs, Surgical Training, Remote Monitoring, and Others)) Trends, Industry Competition Analysis, Revenue and Forecast To 2034.”
According to the latest research by InsightAce Analytic, the global metaverse in healthcare market is valued at US$ 8.7 billion in 2024, and it is expected to reach 205.0 billion by the year 2034, with a CAGR of 37.8% during the forecast period of 2025-2034.
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The Metaverse is emerging as a transformative concept in healthcare, driven by the integration of advanced technologies such as Artificial Intelligence (AI), Virtual Reality (VR), Augmented Reality (AR), the Internet of Medical Devices, Web 3.0, intelligent cloud computing, edge computing, quantum computing, and robotics. This convergence aims to elevate both patient and provider experiences by enabling immersive, interactive, and personalized care environments. Applications of AR and VR in medical education and surgical training are expanding rapidly, offering enhanced precision and operational flexibility in complex medical procedures.
The increasing deployment of AR platforms for advanced surgical applications, alongside growing strategic partnerships among major technology firms to develop immersive healthcare solutions, is expected to propel market growth within this segment. Moreover, rising investments in digital health technologies are accelerating the advancement of telemedicine, enabling the delivery of healthcare services through immersive and virtual platforms.
However, the implementation of Metaverse technologies in healthcare also presents notable challenges. These include concerns related to data security and patient privacy, the high cost of specialized hardware and software, and the significant capital expenditure required to build the necessary digital infrastructure.
Regionally, North America is anticipated to lead the market throughout the forecast period, supported by the presence of a well-established ecosystem of Metaverse-focused technology providers, ongoing technological innovation, widespread adoption of AR and VR in clinical settings, and continuous improvements in supporting digital infrastructure.
Prominent market players are Intuitive Surgical Inc., CableLabs, Microsoft, Google LLC, Meta Platforms, Inc., 8chilli, Inc., Global Healthcare Academy, 3D Systems Corp., AccuVein Inc., BioflightVR, CAE Inc., Devden Creative Solutions Pvt. Ltd., Dhi Tattva Solutions Pvt. Ltd., Eon Reality Inc., ImmersiveTouch Inc., Intuitive Surgical Inc., Koninklijke Philips NV, Medical Realities Ltd., MindMaze SA, Oodles Technologies, Siemens AG, Sky gate, UnitedHealth Group Inc., Wipro Ltd., WorldViz Inc.
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Key Developments in the market
• In Nov 2022, Meta Platforms, Inc. introduced its most recent virtual-reality headset. Meta’s, Meta Quest Pro introduces a new way for people to work, create, and collaborate. The technology enables simulationists to employ the virtual world with groundbreaking high-resolution mixed reality while preserving their presence in the physical space in high-definition colour. Several healthcare simulation firms have declared that they will use Meta Quest Pro technology to enhance their own product experiences in response to its release
• In Oct 2022, Microsoft and Meta have partnered to bring Teams, Microsoft 365, and other applications to Meta Quest devices. Under a new cooperation unveiled at Meta Connect 2022, Microsoft is bringing some of its time-tested products to Meta’s Oculus’ Quest virtual-reality headsets.
• In Oct 2022, Microsoft and Meta have partnered to bring Teams, Microsoft 365, and other applications to Meta Quest devices. Under a new cooperation unveiled at Meta Connect 2022, Microsoft is bringing some of its time-tested products to Meta’s Oculus’ Quest virtual-reality headsets.
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Market Segments
Global Metaverse in Healthcare Market, by Technology, 2022-2030 (Value US$ Mn)
• AR
• VR
• AI
• MR
Global Metaverse in Healthcare Market by End-User, 2022-2030 (Value US$ Mn)
• Medical Training & Education Modules
• Diagnosis
• Treatment
• Designing ORs
• Surgical Training
• Remote Monitoring
• Others
Global Metaverse in Healthcare Market by Device, 2022-2030 (Value US$ Mn)
• VR Headsets
• AR Devices
• Mixed Reality Platforms
Global Metaverse in Healthcare Market, by Component, 2022-2030 (Value US$ Mn)
• Software
• Hardware
Global Metaverse in Healthcare Market by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Metaverse in Healthcare Market by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Metaverse in Healthcare Market by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Metaverse in Healthcare Market by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Metaverse in Healthcare Market by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
The Middle East & Africa Metaverse in Healthcare Market by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of the Middle East & Africa
Read Overview Report- https://www.insightaceanalytic.com/report/global-metaverse-in-healthcare-market-/1226
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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This release was published on openPR.
