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The global market for Virtual Reality (VR) in Healthcare is projected to reach US$4.7 billion by 2024, driven by robust technology advancements in healthcare IT, expanding applications into diverse medical disciplines, and increasing demand for economical alternatives for medical simulation training and rehabilitation. With the ability to provide fully immersive 3D simulation for clinicians, VR technology continues to gain visibility as a potent diagnostic and therapeutic tool for diseases such as phobias, autism, post-traumatic stress disorder (PTSD), depression, anxiety, and pain management especially severe pain in burn victims. Other major factors driving growth in the market include strong venture capital investments in innovative augmented and virtual reality (AR/VR) start-ups; changing healthcare policies and migration to value based care; and shifting healthcare strategies from reactive to proactive personalized medical interventions. The United States represents the largest market worldwide supported by strong R&D, increased investments in VR technology by government and private companies; large base of early adopters; and the growing focus on empowering personal health via technologies such as medical wearables and digital reality apps. Asia-Pacific is projected to emerge as the fastest growing market with a CAGR of 21.8% over the analysis period led by developing healthcare infrastructure; strong appetite for innovative medical technologies capable of lowering healthcare costs; and ability of the technology to offer economic and social value by enabling patients to lead healthier and higher-quality lives.

DOMAIN EXPERT ENGAGEMENTS

Number of executives repeatedly engaged by snail & email outreach*

POOL + OUTREACH

13443

Interactions with Platform & by Email *

INTERACTIONS

1613

Unique # Participated *

PARTICIPANTS

403

Responses Validated *

VALIDATIONS

44

* Platform engagements are dynamic. Stats are published quarterly.


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  •  DATA EXHIBITS

    125


TABLE OF CONTENTS


   Pages :    | $

   Study Reliability and Reporting Limitations.....I-1  
   Disclaimers.....I-2
Data Interpretation & Reporting Level.....I-2
  
   Product Definitions and Scope of Study.....I-3  
   Virtual Reality – A Disruptive Technology.....II-11$100
   Virtual Reality Brings in a Transformation in Healthcare.....II-2 2$200
   Table 1: Virtual Reality in Healthcare (2018): Percentage Share Breakdown of Revenues by Application Area (includes corresponding Graph/Chart).....II-4
Market Outlook.....II-4
1$350
   Developed Regions Dominate the Market.....II-51$100
   Growth Drivers in a Nutshell.....II-6
Challenges to Reckon With .....II-6
1$100
   Cost: A Major Issue.....II-7
Competitive Scenario.....II-7
1$100
   Start-ups in Healthcare VR Make an Impact.....II-82$200
   Virtual Reality Redefines Training Programs for Clinicians and Students.....II-101$100
   VR in Surgical Training.....II-111$100
   Training for Paramedics, ER doctors, and First-Responders.....II-121$100
   Medical Visualization Solutions: A Promising Market for VR Technology.....II-13
Virtual Reality Gains as a Diagnostic Tool.....II-13
1$100
   VR Gains Prominence in the Dentistry Sector.....II-141$100
   Treatment for Eye Problems – An Opportunity Market.....II-15
VR Simulators for Surgical Robots Grow in Demand.....II-15
1$100
   Allaying Patients’ Surgery-Related Apprehensions.....II-16
VR Emerges as an Established Approach for Phobia Management.....II-16
1$100
   VR in Treatment of Dementia.....II-17
Virtual Reality Grows in Importance in Pain Management.....II-17
1$100
   Transforming Management of Chronic Pain.....II-18
Virtual Reality for Management of Pain in Burn Victims.....II-18
1$100
   Virtual Reality in Cancer Therapy.....II-19
Stroke Care – An Emerging Application.....II-19
1$100
   Opportunities in Rehabilitation.....II-201$100
   Virtual Reality Gain Acceptance in Remote Home Assessments.....II-211$100
   Anxiety Disorders and Virtual Reality.....II-221$100
   VR for Healthy Lifestyles.....II-23
VR to Help People with Substance Use Disorders.....II-23
1$100
   An Effective Tool for Designing Assisted Living Facilities.....II-24
VR Evolves as an Efficient Marketing Tool.....II-24
1$100
   Virtual Reality: An Introduction.....II-25
Virtual Reality Applications in Healthcare.....II-25
Diagnosis.....II-25
Therapy.....II-25
Surgery.....II-25
Education and Training.....II-25
1$100
   Web-based Surgical Training.....II-261$100
   Surgical Science Releases LapSim® 2017.....II-27
EON Reality Introduces EyeSim Advanced Pupil Simulator (APS).....II-27
CAE Healthcare Releases CAE VimedixAR.....II-27
Surgical Science Launches Video-Assisted Thoracoscopic Surgery (VATS) Lobectomy
  Virtual Reality Simulation.....II-27
Surgical Science Releases Annual Update of LapSim.....II-27
CAE Healthcare Introduces NeuroVRTM.....II-27
1$100
   EON Reality Opens EON Reality UAE in Dubai.....II-28
Sharecare Acquires BioLucid.....II-28
Siemens Healthcare Changes Name to Siemens Healthineers.....II-28
1$100
   5DT (Fifth Dimension Technologies) (USA).....II-29
CAE Healthcare (Canada).....II-29
Firsthand Technology (USA).....II-29
1$100
   EON Reality (USA).....II-30
GE Healthcare (USA).....II-30
Intuitive Surgical, Inc. (USA).....II-30
1$100
   Medtronic, Inc. (USA).....II-31
Mimic Technologies, Inc. (USA).....II-31
Philips Healthcare (The Netherlands).....II-31
1$100
   Siemens Healthineers (Germany).....II-32
Surgical Science Sweden AB (Sweden).....II-32
1$100
   Virtual Realities, LLC (USA).....II-33
Virtually Better, Inc. (USA).....II-33
Vital Images, Inc. (USA).....II-33
1$100
   Vuzix Corporation (USA).....II-34
WorldViz, LLC (USA).....II-34
zSpace, Inc. (USA).....II-34
1$100
   Table 2: World Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) and Rest of World Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart).....II-351$350
   Table 3: World Historic Review for Virtual Reality (VR) in Healthcare by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) and Rest of World Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart).....II-361$350
   Table 4: World 14-Year Perspective for Virtual Reality (VR) in Healthcare by Geographic Region - Percentage Breakdown of Revenues for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) and Rest of World Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart).....II-371$350
   A. Market Analysis.....III-1
Current & Future Analysis.....III-1
Market Overview.....III-1
1$75
   Strategic Corporate Developments.....III-21$75
   Focus on Select Players.....III-35$375
   B. Market Analytics.....III-8
Table 5: The US Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart).....III-8
1$200
   Table 6: The US Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart).....III-91$200
   A. Market Analysis.....III-10
Current & Future Analysis.....III-10
Strategic Corporate Development.....III-10
Key Player.....III-10
1$75
   B. Market Analytics.....III-11
Table 7: Canadian Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart).....III-11
1$200
   Table 8: Canadian Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart).....III-121$200
   Market Analysis.....III-13
Table 9: Japanese Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart).....III-13
1$200
   Table 10: Japanese Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart).....III-141$200
   Market Analysis.....III-15
Table 11: European Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart).....III-15
1$200
   Table 12: European Historic Review for Virtual Reality (VR) in Healthcare by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart).....III-161$200
   Table 13: European 14-Year Perspective for Virtual Reality (VR) in Healthcare by Geographic Region - Percentage Breakdown of Revenues for France, Germany, Italy, UK and Rest of Europe Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart).....III-171$200
   Market Analysis.....III-18
Table 14: France Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart).....III-18
1$200
   Table 15: France Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart).....III-191$200
   A. Market Analysis.....III-20
Current & Future Analysis.....III-20
Strategic Corporate Development.....III-20
Focus on Select Player.....III-20
1$75
   B. Market Analytics.....III-21
Table 16: Germany Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart).....III-21
1$200
   Table 17: Germany Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart).....III-221$200
   Market Analysis.....III-23
Table 18: Italy Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart).....III-23
1$200
   Table 19: Italy Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart).....III-241$200
   A. Market Analysis.....III-25
Current & Future Analysis.....III-25
Virtalis Limited – A Key Player.....III-25
1$75
   B. Market Analytics.....III-26
Table 20: The UK Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart).....III-26
1$200
   Table 21: The UK Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart).....III-271$200
   A. Market Analysis.....III-28
Current & Future Analysis.....III-28
Strategic Corporate Developments.....III-28
Focus on Select Players.....III-28
2$150
   B. Market Analytics.....III-30
Table 22: Rest of Europe Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart).....III-30
1$200
   Table 23: Rest of Europe Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart).....III-311$200
   Market Analysis.....III-32
Table 24: Asia-Pacific Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart).....III-32
1$200
   Table 25: Asia-Pacific Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart).....III-331$200
   A. Market Analysis.....III-34
Current & Future Analysis.....III-34
Strategic Corporate Development.....III-34
1$75
   B. Market Analytics.....III-35
Table 26: Rest of World Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart).....III-35
1$200
   Table 27: Rest of World Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart).....III-361$200
    
 
 


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