Virtual Reality in Healthcare industry 2008-2012

According to Technavio, “VR in Healthcare has witnessed a constant growth in its market size since 2000 and this trend is expected to continue”. The growth rate of the global market of VR, as per Technavio, “is expected to be around 9 percent for 2009 and then gradually increase to 12 percent for 2012”.

VR, commonly associated with highly visual and 3D environment, is used in a wide variety of applications; ranging from gaming devices, public entertainment, prototype-creation to military exercises and medical equipment.

What are the factors that have helped in the popularity of this technology? Computer-Aided Design (CAD) software, graphics hardware acceleration, HMDs, database gloves, and miniaturization have contributed immensely towards the growth of this market.

“Although potential use of VR and 3D technologies have a wide scope in healthcare, the education and training devices, together with surgical-assistance equipment, hold a majority of the market”, states one of the TechNavio experts.

TechNavio Insights has recently published the report “Virtual Reality in Healthcare 2008-2012”. Apart from presenting current and potential applications of Virtual Reality in Healthcare, the report also provides information on market trends, forecasts, categorical and geographic segmentation, growth drivers, barriers, and key vendors and conferences.