AR/VR in Healthcare Market To Reach USD 7.05 Billion By 2026 | Reports And Data

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NEW YORK, May 15, 2019 (GLOBE NEWSWIRE) -- The AR/VR in Healthcare Market is estimated to reach USD 7.05 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the rising demand for innovative diagnostic techniques, neurological disorders, and increasing disease awareness. Based on statistics, the advancement in the field of information technology such as laptop, computer, internet connectivity and mobile applications, is also a significant factor stimulating market demand.

The healthcare industry has transformed with the adoption of the technology for the virtual training of surgeons for complicated surgeries, phobia buster in mental health treatment, 3D operating room simulations, and chronic pain management. They also play an essential role in EMDR (Eye Movement Desensitization and Reprocessing) therapy that allows for reframing traumatic memories through specific eye movements. Also, they offer advantages in several areas of care management like cancer therapy, autism & depression therapy, and assisted living. VR-based organ models help surgeons prepare for delicate and complex operations that need higher accuracy, fewer complications, & decreased trauma.

Due to the constant technological advancement of related products, prevalence of neurological & psychological disorders, and presence of a sophisticated healthcare infrastructure, the North America region accounts for the highest market share of 44.2% in 2018. Moreover, the emerging technological advancements in information technology and government support for integration of these technologies in medical field contribute to the large share of the market.

For the purpose of this report, Reports and Data have segmented global AR/VR in Healthcare Market on the basis of Component, Technology, Application, End user and region:                      

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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Globe Newswire: 17:26 GMT Wednesday 15th May 2019

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