by According to Precedence Research, during the forecast period of 2022 to 2030, the global mixed reality in healthcare market is estimated to develop at a compound annual growth rate (CAGR) of 47.2%. The global mixed reality in healthcare market was valued at USD 1,330.31 million in 2021, and it is predicted to exceed USD 60.35 Million by 2030. The study investigates several elements and their consequences on the growth of the mixed reality in healthcare market.
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Growth Factor
Mixed reality technology is at its nascent stage and expected to upend the healthcare industry operations in the recent coming years. Presently, the technology is largely helpful to surgeons to execute a medical procedure such as surgery from longer distance. The mixed reality technology enables effective collaboration between digital and physical objects and has gained prominent importance in healthcare applications. In addition to this, the technology is greatly helpful in training and education programs to horn the skills of nurses and primary doctors by providing them virtual specific medical situations that are highly difficult to be arranged in a real clinical setting. For instance, Holo Anatomy introduced a software platform that is greatly helpful for students in the study of human anatomy by using mixed reality technology.
Besides this, high investment cost, initial development phase of technology that generates various types of technical issues, and less awareness related to benefits of the mixed reality in healthcare sector may hamper the growth of the market. However, rising technological advancements in the healthcare industry creates lucrative opportunity for the market growth in the forthcoming years.
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This report focuses on mixed reality in healthcare market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall mixed reality in healthcare market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Report Highlights
- North America led the global market accounting for a revenue share of over 40% in 2019 because of rising prevalence of psychological and neurological disorders in the region
- The Asia Pacific expected to witness a lucrative growth during the forthcoming years due to constant improvement in healthcare infrastructure and rising adoption of digital healthcare solutions in the region
- Software segment emerged as a market leader with a value share of 58% in 2019 because of rising accessibility and availability of software to the users
- Hardware segment expected to register the fastest growth over the analysis period attributed to the easy availability of hardware components in the market
- Patient care management held leading market position with a value share of nearly 48% in 2019 due to surge in demand for advanced technologies that enhances the patient satisfaction level
- Surgery and surgery simulation witnesses the highest growth rate during the forthcoming years owing to rising implementation of the technology in surgery and medical procedure
In-Depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of mixed reality in healthcare, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of mixed reality in healthcare has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the mixed reality in healthcare market.
Some of the prominent players in the mixed reality in healthcare market include:
- Echopixel, Inc.
- Microsoft Corporation
- Firsthand Technology, Inc.
- Samsung Electronics Co. Ltd.
- Surgical Theater, Inc.
- HTC Corporation
- Atheer, Inc.
- Oculus VR
- Osso VR
- Proximie
Segments Covered in the Report
By Component
- Software
- Hardware
- Content & Application
By Application
- Patient Care Management
- Surgery & Surgery Simulation
- Medical Training & Education
- Fitness Management
- Others
By End-user
- Surgical Centers & Medical Institutes
- Hospital
- Others
Regional Segmentation
- Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
- Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
- North America [United States, Canada, Mexico]
- South America [Brazil, Argentina, Columbia, Chile, Peru]
- Middle East & Africa [GCC, North Africa, South Africa]
Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- What value propositions should businesses aim at while making new research and development funding?
- Which regulations will be most helpful for stakeholders to boost their supply chain network?
- Which regions might see the demand maturing in certain segments in near future?
- What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
- Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
- Which government regulations might challenge the status of key regional markets?
- How will the emerging political and economic scenario affect opportunities in key growth areas?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Mixed Reality in Healthcare Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
Chapter 5. COVID 19 Impact on Mixed Reality in Healthcare Market
5.1. Covid-19: Mixed Reality in Healthcare Industry Impact
5.2. Mixed Reality in Healthcare Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Mixed Reality in Healthcare Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Mixed Reality in Healthcare Market Players to deal with Covid-19 Pandemic Scenario
Chapter 6. Mixed Reality in Healthcare Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increasing Adoption of Mixed Reality in Various Healthcare Tools
6.1.1.2. Rising Demand for Digital Solutions in Health Sector
6.1.2. Market Restraints
6.1.2.1. High Cost of Mixed Reality Implementation
6.1.3. Market Opportunities
6.1.3.1. Increasing Investments for Mixed Reality in Healthcare
Chapter 7. Global Mixed Reality in Healthcare Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Mixed Reality in Healthcare Market Revenue by Market Players (2015-2020)
7.1.1.2. Mixed Reality in Healthcare Market Revenue Market Share by Market Players (2015-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Component Suppliers
7.1.3.2. List of End-users
Chapter 8. Global Mixed Reality in Healthcare Market, By Component
8.1. Mixed Reality in Healthcare Market, by Component, 2016-2027
8.1.1. Software
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Hardware
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Content & Application
8.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Mixed Reality in Healthcare Market, By Application
9.1. Mixed Reality in Healthcare Market, by Application, 2016-2027
9.1.1. Patient Care Management
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Surgery & Surgery Simulation
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Medical Training & Education
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.4. Fitness Management
9.1.4.1. Market Revenue and Forecast (2016-2027)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2016-2027)
Chapter 10. Global Mixed Reality in Healthcare Market, By End-user
10.1. Mixed Reality in Healthcare Market, by End-user, 2016-2027
10.1.1. Surgical Centers & Medical Institutes
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Hospital
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Others
10.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 11. Global Mixed Reality in Healthcare Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue Forecast by Component (2016-2027)
11.1.2. Market Revenue Forecast by Application (2016-2027)
11.1.3. Market Revenue Forecast by End-user (2016-2027)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2016-2027)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2016-2027)
11.2. Europe
11.2.1. Market Revenue Forecast by Component (2016-2027)
11.2.2. Market Revenue Forecast by Application (2016-2027)
11.2.3. Market Revenue Forecast by End-user (2016-2027)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2016-2027)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2016-2027)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2016-2027)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2016-2027)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Component (2016-2027)
11.3.2. Market Revenue Forecast by Application (2016-2027)
11.3.3. Market Revenue Forecast by End-user (2016-2027)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2016-2027)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2016-2027)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2016-2027)
11.4. LATAM
11.4.1. Market Revenue Forecast by Component (2016-2027)
11.4.2. Market Revenue Forecast by Application (2016-2027)
11.4.3. Market Revenue Forecast by End-user (2016-2027)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2016-2027)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2016-2027)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Component (2016-2027)
11.5.2. Market Revenue Forecast by Application (2016-2027)
11.5.3. Market Revenue Forecast by End-user (2016-2027)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2016-2027)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2016-2027)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2016-2027)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2016-2027)
Chapter 12. Company Profiles
12.1. Echopixel, Inc.
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Application
12.1.3. Revenue, Price, and Gross Margin (2015-2020)
12.1.4. Recent Developments and Strategies
12.2. Microsoft Corporation
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Application
12.2.3. Revenue, Price, and Gross Margin (2015-2020)
12.2.4. Recent Developments and Strategies
12.3. Firsthand Technology, Inc.
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Application
12.3.3. Revenue, Price, and Gross Margin (2015-2020)
12.3.4. Recent Developments and Strategies
12.4. Samsung Electronics Co. Ltd.
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Application
12.4.3. Revenue, Price, and Gross Margin (2015-2020)
12.4.4. Recent Developments and Strategies
12.5. Surgical Theater, Inc.
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Application
12.5.3. Revenue, Price, and Gross Margin (2015-2020)
12.5.4. Recent Developments and Strategies
12.6. HTC Corporation
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Application
12.6.3. Revenue, Price, and Gross Margin (2015-2020)
12.6.4. Recent Developments and Strategies
12.7. Atheer, Inc.
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Application
12.7.3. Revenue, Price, and Gross Margin (2015-2020)
12.7.4. Recent Developments and Strategies
12.8. Oculus VR
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Application
12.8.3. Revenue, Price, and Gross Margin (2015-2020)
12.8.4. Recent Developments and Strategies
12.9. Osso VR
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Application
12.9.3. Revenue, Price, and Gross Margin (2015-2020)
12.9.4. Recent Developments and Strategies
12.10. Proximie
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Application
12.10.3. Revenue, Price, and Gross Margin (2015-2020)
12.10.4. Recent Developments and Strategies
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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