Metaverse in healthcare market is estimated to grow at a CAGR of 31.1%, till 2035, claims Roots Analysis
Roots Analysis
Market research & consulting services in the pharma / biopharma, medical devices & contract manufacturing domains
Metaverse is an ecosystem which enables the users and the interacting individuals to create real world scenarios in a virtual space. There exist various types of technologies in this domain, including artificial intelligence, augmented reality, virtual reality, blockchain technology, mixed reality and internet of things. These can be integrated in the healthcare field across multiple application areas, such as medical training and education, surgical training, telehealth, diagnosis, drug discovery and personalized medicine. It is worth mentioning that the development of electronic health records and creation of decentralized space has enabled the industry to amalgamate metaverse efficiently and result in advancements in terms of future prospect generated in the healthcare sector.
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Metaverse in Healthcare Market Size
According to Roots Analysis, the global metaverse in healthcare market is estimated to be around USD 219 billion in 2035. It is worth mentioning that growth of metaverse in healthcare market is driven by several factors, such as rising healthcare expenditure, increase in the telehealth services and extensive support provided to the industry stakeholders for expediting the work process. Technologies are also utilized to support professionals for decision-making in regard to the prevention, diagnosis, and treatment of disease. As a result, metaverse has the ability to transform the way healthcare is delivered and improve the patient experience.
In terms of applications, majority share of the global metaverse in healthcare market in 2025 is likely to be captured by medical training and education segment. Further, amongst the geographical regions, majority of the global metaverse in healthcare market in 2035 is anticipated to be revenues generated in North America.
Metaverse in Healthcare Market Landscape
The current market landscape comprises of more than 95 key metaverse companies in the healthcare domain, that are engaged across various components, such as software, hardware and services. The metaverse technologies pertaining to these companies support various types of end users, such as healthcare providers, patients, MedTech companies, biopharmaceutical and pharmaceutical companies and payers. Notably, around 60% of the key metaverse companies in healthcare domain are located in North America, followed by Europe. The key metaverse in healthcare landscape is fragmented, featuring a mix of both established companies as well as emerging start-ups.
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Leading Companies in Metaverse in Healthcare Market
Examples of key companies engaged in the metaverse in healthcare industry (which have also been profiled in this report) include AccuVein, Aimedis, Brainlab, CMR Surgical, Elevate Healthcare, Eon Reality, GE Healthcare, Google, ImmersiveTouch, Innoplexus, Intuitive Surgical, Medtronic, Microsoft, MindMaze, NVIDIA, Oodles Technologies, Philips, Siemens Healthineers, Wipro and XRHealth.
All your Questions Related to Metaverse in Healthcare Market Answered in this Report
The Metaverse in Healthcare Market, till 2035 report features an extensive study of the current market landscape, market size and future opportunities associated with the metaverse in healthcare domain, during the given forecast period. Further, the market report highlights the efforts of several stakeholders engaged in this rapidly emerging segment of the healthcare industry. The report answers many key questions related to this market. Click on the below link to know more about this emerging area of research.
About Roots Analysis
Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights.