According to the Market Research Future Analysis, the global augmented reality in healthcare market is expected to reach USD 1.32 Billion by the end of the forecast period at a CAGR of 23%.
AR in Healthcare Market
The global augmented reality in healthcare market is growing rapidly. The augmented reality in healthcare is widely used for various applications such as fitness management, medical training, education, and others which are propelling the augmented reality in healthcare market growth. The adoption of the cloud, development of augmented reality, and artificial intelligence are propelling the growth of augmented reality in healthcare as it provides low-cost treatment to the patients. On December 22, 2016, Osterhout Design Group introduced a new augmented solution which includes 3D stereoscopic displays of the smart glasses and HD screen, widely used by the users.
The technological advancement in machine learning is further boosting the augmented reality in healthcare market to a large extent. On 5 Sept 2017, Magic Leap Inc. came up with the solution and launched augmented reality headset, which enables to experience superimpose virtual images in the real world.
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AR in Healthcare Market Players
Market Research Future (MRFR) recognizes the following companies as the key players in the global augmented reality in healthcare market: Google LLC. (U.S.), Microsoft Corporation (U.S.), DAQRI (U.S.), Mindmaze (Switzerland), Wikitude GmbH (Austria), Medical Realities (U.K), Atheer (U.S.), Augmedix (U.S.), Oculus VR (U.S.), CAE Healthcare (U.S.), Philips Healthcare (Netherlands & U.S.), 3D Systems (U.S.), Blippar (U.K), VirtaMed (Switzerland), HTC (Taiwan), Siemens Healthineers (Germany), Magic Leap, Inc. (U.S.), and Osterhout Design Group (U.S.) and Virtually Better (U.S.), among others.
Healthcare AR Market – Regional Analysis
By region, the global augmented reality in healthcare market is analyzed across key geographies namely North America, Europe, the Asia Pacific, among others. In the North American region, the augmented reality in healthcare is gaining demand from various devices including head-mounted display, handheld device, and others.
The global AR in Healthcare Market is segmented into component, device type, application, and region. The component is segmented into hardware, software, and others. Further, the hardware segment is sub-segmented into sensors, displays and projectors, position tracker, cameras and others. The device type segment is sub-segmented into head-mounted display, handheld device, and others. The application segment is sub-segmented into fitness management, medical training and education, and others. The market is spanned across regions including North America, Europe, Asia Pacific, and rest of the world.
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