Emergen Research has recently added a new informative report titled ‘Global Virtual Reality in Medical Market Forecasts to 2028’ to its ever-expanding repository.

VR for medical purposes aids healthcare professionals in gaining learning and information regarding preventive medicine and potential side effects, including alcohol intake levels, cigarette smoking cessation, and impact of healthy diet and exercise on human health.

The report covers all the essential features of the Virtual Reality in Medical market, with key statistical data represented in the form of tables, charts, diagrams, figures, and graphs. The report strives to offer a better understanding of the market to the reader and provide beneficial insights to the established companies.

The report presents a bird’s eye view of the Virtual Reality in Medical industry with a special focus on technological developments, expansion strategies of the prominent players, and current and emerging growth trends of the market. It offers accurate estimations of the market growth trend for the forecast period of 2021-2028.

Furthermore, the report offers an extensive analysis of the factors that are likely to influence the growth of the industry. The research study considers the COVID-19 pandemic a key growth influencing factor. The pandemic has negatively impacted the Virtual Reality in Medical industry through disruptions in global supply chains and grueling economic conditions.

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The report extensively analyzes the impact of the pandemic on the Virtual Reality in Medical market on a global as well as regional scale. Moreover, the report also takes into consideration the effect of the different restrictions imposed in different regions on the Virtual Reality in Medical industry and its key segments. It also offers a current and future impact analysis of the pandemic on the overall Virtual Reality in Medical market.

The report presents a detailed analysis of the industry to project market growth throughout the forecast period of 2021-2028. It also examines the current trends, offers an analysis of the emerging trends, and provides insightful information of the overall market scenario. The report is backed with authentic data obtained from stringent primary and secondary research such as interviews, journals, databases, and other reliable sources. The data is further validated by the industry experts and professionals.

Summary of the Report:

Virtual Reality in Medical Market size is expected to reach USD 3,975.0 Million at a revenue CAGR of 31.1% during the forecast period, according to latest analysis by Emergen Research. The report analyses the historical data collected from 2017-2018 while considering 2019 as the base year for estimating the market size and development for the period of 2021-2028.

The report offers a comprehensive overview of the global Virtual Reality in Medical market scenario pertaining to market value, volume, production and consumption rates, and market segmentation based on types, regions, and applications. The report also analyzes the market status, market share, growth rate, drivers and restraints, hurdles and challenges, threats, sales network, and distribution channel, and supplies leverage advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis.

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Key Companies Profiled in the Report:

• Microsoft Corporation
• Koninklijke Philips NV
• Firsthand Technology Inc.
• Orca Health Inc.
• General Electric
• Alphabet Inc.
• AppliedVR Inc.
• SyncThink Inc.
• Osso VR Inc.
• EchoPixel Inc.

Emergen Research has segmented the global Virtual Reality (VR) in medical market on the basis of component, technology, end-use, and region:

• Component Outlook (Revenue, USD Million; 2018–2028)
  • Hardware
  • Software
  • Services
• Technology Outlook (Revenue, USD Million; 2018–2028)
  • Head-Mounted Technology
  • Gesture Tracking Technology
  • Projector & Display Walls Technology
• End-Use Outlook (Revenue, USD Million; 2018–2028)
  • Hospitals
  • Clinics
  • Research Institutes
  • Others

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Market Segmentation by Key Regions:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Addressed in the Report:

• Who are the leading players of the Virtual Reality in Medical industry?
• Which region is expected to dominate the market in the coming years?
• What are the key applications of the Virtual Reality in Medical market?
• Which segment is expected to garner traction during the coming years?
• What are the key strategies adopted by the players in the market?
• What are the technological developments and product advancements occurring in the market?
• What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

About Emergen Research

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