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AR in healthcare Market is touching to new level | Microsoft Corporation, Alphabet Inc. (Google), Sony Corporation, Siemens (Siemens Healthcare)

Global AR in healthcare Market research report for easy to understand detailed breakdown of market growth factors,advance technologies, industry drivers, challenges, regulatory policies, with qualitative research of key company profiles and strategies of players such as Microsoft Corporation, Alphabet Inc. (Google), Sony Corporation, Siemens (Siemens Healthcare), Koninklijke Philips N.V. (Philips), AccuVein Inc., EchoPixel, DAQRI, Atheer, Inc, and Orca Health, Inc. Some of the other players operating in the market are Augmedix, VirtaMed, Blippar, CAE Healthcare, Magic Leap, Inc., Virtually Better, and Osterhout Design Group.Conceptual analysis of the AR in healthcare Market product types, application wise segmented study. Pin-point analysis for changing competitive dynamics,Exploration of major regional segmentation based on how the market is predicted to grow.

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The global AR in healthcare market was valued at $609.60 million in 2018 and is projected to reach $4,237.60 million by 2026, registering a CAGR of 27.4% from 2019 to 2026. Augmented reality is one of the current trends in the field of healthcare and medicine. Augmented reality changes user’s view by superimposing and overlaying information through 3D elements. The virtual contents are in the form of sound or imagery usually applied in 3D models. This technology makes use of sensors such as computer components, camera, or a display device. It gives its users the ability to see and interact with three-dimensional representation of bodies. The applications of AR in healthcare include autism therapy, vein detection, mental health, and education to healthcare professionals as well as patients.

AR in healthcare can help enhance the ability of surgeons and doctors to diagnose and treat their patients more precisely by permitting them to access their patient’s real time data and better visualize health issues. Thus, AR helps in reducing risks associated with minimally invasive procedures, provide informed decisions about the treatment, prevention of diseases, as well as better aftercare for patients.

Rise in use of augmented reality in diagnostic imaging, surgical simulation, rehabilitation, and patient care management propels the market growth. Furthermore, surge in number of AR based startups and growth in investments in these technologies are expected to further boost growth of the AR in healthcare market across the globe. On the contrary, concerns regarding data privacy and lack of proper healthcare infrastructure are some of the foremost barriers that hamper the market growth. Conversely, increase in private investments and growth in government support for integration of these technologies into the healthcare system are likely to provide lucrative opportunities for the growth of the AR in Healthcare market in coming future.

The AR in healthcare market is segmented on the basis of product type, technology, end-user, and region. By product type, it is classified into AR Displays, AR sensors, AR input devices, AR semiconductor components, and others. By technology, it is divided into head mounted devices and handheld devices. On the basis of end-user, it is segmented into hospitals & clinics, research laboratories, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Impact of COVID-19 on the Global Market

The research report compiled by Report Ocean offers the study of market opportunities and market impact that are created due to the COVID-19 pandemic. The overall market impact of COVID-19 can be witnessed in the Q1 2020 but is anticipated to be highly impacted in subsequent quarters in the whole year.

The detailed research report is focused upon all direct and indirect impact of COVID-19 with new product launches, pipeline analysis, supply chain overview, government regulations, strategies adopted by related market players and upcoming vaccines and drug status.

 

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.(*If you have any special requirements, please let us know and we will offer you the report as you want.)

Key highlights of the Global AR in healthcare report:
Key players:

Microsoft Corporation, Alphabet Inc. (Google), Sony Corporation, Siemens (Siemens Healthcare), Koninklijke Philips N.V. (Philips), AccuVein Inc., EchoPixel, DAQRI, Atheer, Inc, and Orca Health, Inc. Some of the other players operating in the market are Augmedix, VirtaMed, Blippar, CAE Healthcare, Magic Leap, Inc., Virtually Better, and Osterhout Design Group

Market Segmentation:

By technology (Head Mounted Devices and Handheld Devices), Type (AR Displays, AR Sensors, AR Input Devices, AR Semiconductor Components, and Others), and End User (Hospitals & Clinics, Research Laboratories, and Others)

Geographical Analysis: Regional and country level analysis, covering North America, Europe, China & Japan

Market Segment by Regions 2013 2017 2022 Share (%) CAGR (2019-2025)
United States xx xx xx xx% xx%
EU xx xx xx xx% xx%
Japan xx xx xx xx% xx%
China xx xx xx xx% xx%
India xx xx xx xx% xx%
Southeast Asia xx xx xx xx% xx%
Total xx xx xx xx% xx%

 

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Furthermore, the years considered for the study are as follows:

Historical year – 2013-2017 | Base year – 2018 | Forecast period** – 2019 to 2025 [** unless otherwise stated]

The report delivers a basic overview of the AR in healthcare industry including definitions, classifications, applications, and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and capital expenditures.

Further, it focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information. What’s more, the AR in healthcare industry development trends and marketing channels are analyzed.

The study is organized with the help of primary and secondary qualitative research for data collection including valuable information from key vendors and participants in the industry. It includes historical data from 2012 to 2017 and projected forecasts till 2025 which makes the research study a valuable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry-related data in readily accessible documents with easy to analyze visuals, graphs, and tables. The report answers future development trends of AR in healthcare based on stating the current situation of the industry in 2019 to assist manufacturers and investment organization to better analyze the development course of AR in healthcare Market.

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The report covers the following chapters

  • Market Characteristics – The market characteristics section of the report defines and explains the AR in healthcare market. This chapter includes different goods and services covered in the report, basic definitions and market supply chain analysis.

    • Global Market Size And Growth – This section contains the global historic (2013-2017) and forecast (2019-2025) market value, and drivers and restraints that support and control the growth of the market in the historic and forecast period.

    • Trends And Strategies – This chapter includes some of the major trends shaping the global AR in healthcare market by segment. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.

    • PESTEL Analysis – This chapter covers the political, economic, social, technological, environmental and legal factors affecting a market.

    • Customer Information – This section includes customer surveys in the AR in healthcare industry

    • Global Market Segmentation – This section contains global segmentation of the AR in healthcare market. Segmentation types include by region and by country segmentation of the AR in healthcare market.

    • Global Macro Comparison – The global AR in healthcare market comparison with macro-economic factors gives the AR in healthcare market size, percentage of GDP, and average AR in healthcare market expenditure.

    • Macro Comparison By Country – The AR in healthcare market comparison with macro-economic factors across countries gives the AR in healthcare market size, percentage of GDP, by country and per capita average AR in healthcare market expenditure.

    • Region/Country Market Size And Growth – This section contains the region’s market size (2017), historic (2013-2017) and forecast (2019-2025) market value, and growth. This report includes information on all the regions (Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa) and major countries within each region.

    • Competitive Landscape – This section covers details on the competitive landscape of the global AR in healthcare market, estimated market shares and company profiles for the leading players.

    • Key Mergers And Acquisitions – This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.

    • Opportunities And Strategies – This section gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.

……..and view more in complete table of Contents

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