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Metaverse in Healthcare Market Growth, Sales Revenue and Key Drivers Analysis Research Report by 2028

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The latest research on the Metaverse in Healthcare market applies qualitative and quantitative data analysis to present an overview

The strategic growth research technique adopted by the subject matter experts behind this study fully weighs the product application, product types and important industry terminologies”

— Emerging research

VANCOUVER, BRITISH COLUMBIA, CANADA, July 21, 2022 /EINPresswire.com/ — Rapid integration of augmented reality and virtual reality in healthcare to improve efficiency of medical equipment and perform complex surgical procedures , development of virtual surgical suites to facilitate communication, and increasing investments to develop metaverse platforms for healthcare are factors that are expected to drive the growth of the market

The report covers the Healthcare Metaverse market segmentation along with a detailed overview of the Healthcare Metaverse market size in terms of volume and valuation. The report provides complete coverage of the Metaverse in Healthcare market scenario for the current period and forecast timeframe from 2021-2028. The Metaverse in Healthcare Market report contains an in-depth historical, current, and projected revenue analysis for each vertical, segment, end-use industries, applications, and regions.

Market dynamics:

Metaverse has the potential to become a crucial tool in the healthcare industry and can aid in patient treatment history, clinical practice, medical simulation, and medical education. The medical metaverse can revolutionize the healthcare industry by seamlessly integrating with existing and emerging technologies such as telehealth and digital therapy. The rapid integration of technologies such as augmented reality, virtual reality and artificial intelligence in the health sector to improve the efficiency of medical devices, improve communication and patient care and for medical and surgical training is a key factor that is expected to drive the revenue growth of the market during the forecast. period. In addition, the increasing use of augmented reality and virtual reality in the healthcare sector to effectively combat the COVID-19 pandemic has further contributed to the market revenue growth and is expected to continue to do so in the future. ‘coming.

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The report further throws light on emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrain the growth of the Metaverse in Healthcare market. The report further examines in detail the international waters market and emerging trends in these regions. It also offers an overview of competitive landscape, market drivers, industry scenario, and latest product and technological developments to offer a comprehensive overview of the Metaverse in Healthcare market landscape.

The Metaverse in Healthcare research report also includes an in-depth study of key industry players along with their business overview, strategic planning, and business expansion plans adopted by them. It helps readers and business owners formulate strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, agreements with companies and governments, etc. The report also talks about the expansions that these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.

The main companies studied in the report are:

Intuitive surgery

Cable Labs

AccuVein

Microsoft

Google LLC

Meta Platforms, Inc.

8chili, Inc.

Global Health Academy

Based on regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia-Pacific, Middle East & Africa. The market is expected to be dominated by North American countries, closely followed by European countries. Asia-Pacific is expected to show significant growth due to recent progress and increased investment in the R&D sector.

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For the purposes of this report, Emergen Research has segmented the global healthcare market metaverse based on component, technology, device, end-use, and region:

Components Outlook (Revenue, USD Billion; 2018-2028)

Material

Software

Technology Outlook (Revenue, USD Billion; 2018-2028)

Virtual reality

Augmented reality

mixed reality

Artificial intelligence

Devices Outlook (Revenue, USD Billion; 2018-2028)

VR headsets

AR devices

Mixed reality platforms

End-Use Outlook (Revenue, USD Billion; 2018-2028)

Medical training and education modules

Diagnostic

Treatment

Design operating rooms

Surgical training

Remote monitoring

Others

COVID-19 Impact Analysis

Social distancing and restrictions have severely disrupted businesses and operations

Lockdowns have caused disruptions in transport and logistics

Manufacturing and mining operations affected globally

Weighed on the economy of various countries

Caused a sudden and drastic slowdown in economic activity

Disruption of agriculture, fishing, dairy industry and other sectors

Caused job losses and a financial crisis

Supply side effects have been further compounded due to lower disposable income

Emergence of variants continues to cause concern and impact normal routines

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The hardware segment will experience a very rapid revenue growth rate:

The hardware segment is expected to register a rapid revenue CAGR during the forecast period, driven by rapid advancements in hardware technology, growing adoption of AR devices and VR headsets for surgeries and training, and the development of haptic devices to deliver enhanced metaverse-focused sensory experiences.

Medical Education & Training Modules segment revenue to support market growth:

The medical education and training modules segment is expected to dominate other end-use segments in terms of revenue share during the forecast period. Increase the integration of AR, VR and MR to explain and perform surgical procedures, increase awareness and improve patient education, improve surgical precision and help healthcare professionals understand the mode action of medical devices and drugs.

North America will account for the largest revenue share:

North America is expected to account for the largest share of revenue globally over the forecast period owing to growing advancements in healthcare infrastructure, rapid integration of AR and VR devices in the healthcare industry. health, technological advances in AR and VR and the robust presence of targeted metaverse companies in the region.

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