Metaverse In Healthcare Market Report 2024 – Metaverse In Healthcare Market Size, Share And Trends | Brainlab AG, PlushCare, BioFlight VR

Metaverse In Healthcare

The metaverse in healthcare market size is expected to see exponential growth in the next few years. It will grow to $44.44 billion in 2028 at a compound annual growth rate (CAGR) of 34.0%.  The growth in the forecast period can be attributed to expansion of virtual clinical trials, development of virtual therapeutics, focus on accessibility and inclusivity, personalized healthcare experiences, market penetration in developing regions.. Major trends in the forecast period include digital twin technology in healthcare, integration with wearable devices, integration of virtual reality (vr) technology, incorporation of blockchain for data security, collaborations between tech and healthcare industries..

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Scope Of Metaverse In Healthcare Market
The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Metaverse In Healthcare Market Overview

Market Drivers –
The expanding popularity of telemedicine is expected to propel the growth of global healthcare in the metaverse market going forward. Telemedicine can deliver precise and prompt healthcare suggestions that were previously sought by a doctor. In order to stop infections from spreading in waiting rooms during pandemics, telemedicine can be of crucial relevance, as a result, there is an increasing demand for metaverse technologies in telemedicine. For instance, in July 2021, according to the Health Management Organization, a UK-based journal website, only 11% of Americans used telemedicine before the development of COVID, but today, about 76% of them prefer it. This is a result of increased public awareness of the speedy spread of illnesses. The use of telehealth has surged by over 6,000% in the last year. The market for telehealth services is anticipated to expand by another 28% by 2026. Therefore, an increase in the popularity of telemedicine across the globe is driving the metaverse in the healthcare market.

Market Trends –
Product innovations are a key trend gaining popularity in the metaverse in the healthcare market. Major companies operating in the market are advancing toward introducing next-generation technology and innovations in the metaverse in the healthcare market. For instance, in December 2022, GOQii, an Indian fitness technology company, launched the company’s metaverse and preventative healthcare fusion. This Web3-based health technology’s purpose is to motivate users to become fit and healthy by fusing physical health and fitness with the digital environment. The platform has already begun to roll out in the UAE, and it will be available in India, the United Kingdom, and Japan in the coming months. The Harley International Medical Clinic has partnered with GOQii to launch this health metaverse and its expansion into the UAE. In this health metaverse, users will be able to create virtual avatars. This will give consumers a unique and exciting method to digitally age while being constantly inspired to maintain a healthier lifestyle.

The metaverse in healthcare market covered in this report is segmented –
1) By Component: Software, Hardware
2) By Technology: Augmented Reality(AR), Virtual Reality(VR), Artificial Intelligence(AI), Mixed Reality(MR)
3) By Device: VR Headsets, AR Devices, Mixed Reality Platforms
4) By End-User: Medical Training And Education Modules, Diagnosis, Treatment, Designing ORs, Surgical Training, Remote Monitoring, Others

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Regional Insights –
North America was the largest region in the metaverse in healthcare market in 2023. Asia-Pacific is expected to be the fastest-growing region in the metaverse in healthcare market during the forecast period. The regions covered in the metaverse in healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Key Companies –
Major companies operating in the metaverse in healthcare market report are  Brainlab AG, PlushCare, BioFlight VR, Siemens Healthineers, Meta Platforms Inc., Novarad Corporation, Nvidia Corporation, Microsoft Corporation, Roblox Corporation, GE Healthcare, Medtronic PLC, Google LLC, Wipro Ltd., Global Healthcare Academy, 3D Systems Corp., AccuVein Inc., Vuzix, Magic Leap, zSpace Inc, VirtaMed, Virtually Better, EchoPixel Inc, InfiVR, Intuitive Surgical Inc., CableLabs, Augmedics, Immersive Touch, Chill Inc., Medical Realities Ltd., Sesame Care, Aimedis B.V., ARBREA LABS, Veyond Metaverse, GameChange VR .

Table of Contents
1. Executive Summary
2. Metaverse In Healthcare Market Report Structure
3. Metaverse In Healthcare Market Trends And Strategies
4. Metaverse In Healthcare Market – Macro Economic Scenario
5. Metaverse In Healthcare Market Size And Growth
…..
27. Metaverse In Healthcare Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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