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Virtual Reality (VR) in Healthcare Market Trends   

The global market for Virtual Reality (VR) in Healthcare is projected to reach US$3.8 billion by 2020, driven by technology advancements in healthcare IT, expanding applications into diverse medical disciplines, and increasing demand for rehabilitation and simulation training. VR technology continues to gain visibility as a potent diagnostic tool in the form of fully immersive 3D simulation for clinicians in the treatment of phobias, autism, post-traumatic stress disorder (PTSD), depression, anxiety, and severe pain in burn victims. The United States represents the largest market worldwide. Strong R&D, increased investments in VR technology by the government and private companies and the large base of early adopters are major factors supporting the country’s dominance. Asia-Pacific is projected to emerge as the fastest growing market with a CAGR of 23.2% over the analysis period, led by developing healthcare infrastructure and strong appetite for innovative medical technologies capable of lowering healthcare costs, adding economic and societal value and enabling patients lead healthier and higher-quality lives. More...

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Snapshot Summary of Trends & Drivers

  • Rising Prominence of Preventive Healthcare Spurs Interest in VR Technology
  • Aging Population Spurs Use of VR in Rehabilitation & Assistive Living Technologies
  • Expanding Use of VR in Cancer Therapy & Dentistry Sectors to Drive Growth
  • VR Simulators for Surgical Robots Grow in Demand
  • Medical Visualization Solutions: A Promising Commercial Avenue for VR Technology
  • Growth Benefits from the Growing Role of Immersive VR in Reducing Chronic Uncontrolled Pain
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Market Analytics

  • Market Estimates and Forecasts for 2014-2020
  • Historic Review 2007-2013
  • Geographic Regions Covered – The US, Canada, Japan, Europe (France, Germany, Italy, UK and Rest of Europe), Asia-Pacific, and Rest of World
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Market Profiling

  • Market Trends & Issues
  • Growth Drivers & Enablers
  • Growth Inhibitors
  • Opportunities and Challenges
  • Recent Industry Activity
  • Product Innovations & Trends
  • Market Analyses, Facts, Figures & Forecasts
  • Coverage of Major & Niche Players
  • Comprehensive Geographic Coverage
  • Extensive Product Coverage
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Competitive Intelligence

  • 49 major and niche players covered

Major Players

  • 5DT (Fifth Dimension Technologies)
  • Brainlab AG
  • CAE Healthcare
  • DeepStream VR
  • EON Reality
  • GE Healthcare
  • Mimic Technologies Inc.
  • Philips Healthcare
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Market Research Report Details

The research report titled “Virtual Reality (VR) in Healthcare: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, opportunities, challenges and issues in addition to current coverage on company information and latest news and events including strategic corporate developments, and product innovations. The report helps identify the biggest opportunities in this space and offers accurate latent demand forecasting that empowers quantitative decision making among existing market players and new entrants.

To view complete report details including the full table of contents (TOC) and to sign up for a comprehensive complimentary review of our research program including details on methodology, secondary and primary sources and summary of research findings, please click here

1. Infographics Compiled From Search Engine Research

Source: Will Virtual Assistants Propel the Future of Medicine##http://hin.com/blog/2013/03/page/2/

2. Infographics Compiled From Search Engine Research

Source: VR Enabled Wearables in Healthcare##http://cloudtweaks.com/2015/02/cloud-infographic-healthcare-wearables/