Virtual Reality (VR) In Healthcare: Market Research Report

December 2018 | 151 pages | ID: V0B94F0BA34EN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Virtual Reality (VR) in Healthcare in US$ thousand. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World.

Annual estimates and forecasts are provided for the period 2016 through 2024.

Also, a five-year historic analysis is provided for these markets.

Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs.

The report profiles 42 companies including many key and niche players such as -

• CAE Healthcare
• Firsthand Technology
• EON Reality
• GE Healthcare
• Intuitive Surgical, Inc.
• Medtronic, Inc.

Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study
Virtual Reality (VR) in Healthcare

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW

Virtual Reality – A Disruptive Technology
Virtual Reality Brings in a Transformation in Healthcare

Table 1. Virtual Reality in Healthcare (2018): Percentage Share Breakdown of Revenues by Application Area (includes corresponding Graph/Chart)

Market Outlook
Developed Regions Dominate the Market
Growth Drivers in a Nutshell
Challenges to Reckon With…
Cost: A Major Issue
Competitive Scenario
Start-ups in Healthcare VR Make an Impact
Virtual Reality Redefines Training Programs for Clinicians and Students
VR in Surgical Training
Training for Paramedics, ER doctors, and First-Responders
Medical Visualization Solutions: A Promising Market for VR Technology
Virtual Reality Gains as a Diagnostic Tool
VR Gains Prominence in the Dentistry Sector
Treatment for Eye Problems – An Opportunity Market
VR Simulators for Surgical Robots Grow in Demand
Allaying Patients’ Surgery-Related Apprehensions
VR Emerges as an Established Approach for Phobia Management
VR in Treatment of Dementia
Virtual Reality Grows in Importance in Pain Management
Transforming Management of Chronic Pain
Virtual Reality for Management of Pain in Burn Victims
Virtual Reality in Cancer Therapy
Stroke Care – An Emerging Application
Opportunities in Rehabilitation
Virtual Reality Gain Acceptance in Remote Home Assessments
Anxiety Disorders and Virtual Reality
VR for Healthy Lifestyles
VR to Help People with Substance Use Disorders
An Effective Tool for Designing Assisted Living Facilities
VR Evolves as an Efficient Marketing Tool

2. TECHNOLOGY OVERVIEW

Virtual Reality: An Introduction
Virtual Reality Applications in Healthcare
Diagnosis
Therapy
Surgery
Education and Training
Web-based Surgical Training

3. PRODUCT INNOVATIONS/INTRODUCTIONS

Surgical Science Releases LapSim 2017
EON Reality Introduces EyeSim Advanced Pupil Simulator (APS)
CAE Healthcare Releases CAE VimedixAR
Surgical Science Launches Video-Assisted Thoracoscopic Surgery (VATS) Lobectomy Virtual Reality Simulation
Surgical Science Releases Annual Update of LapSim
CAE Healthcare Introduces NeuroVRTM

4. RECENT INDUSTRY ACTIVITY

EON Reality Opens EON Reality UAE in Dubai
Sharecare Acquires BioLucid
Siemens Healthcare Changes Name to Siemens Healthineers

5. FOCUS ON SELECT GLOBAL PLAYERS

5DT (FIFTH DIMENSION TECHNOLOGIES) (USA)

CAE Healthcare (Canada)
Firsthand Technology (USA)
EON Reality (USA)
GE Healthcare (USA)
Intuitive Surgical, Inc. (USA)
Medtronic, Inc. (USA)
Mimic Technologies, Inc. (USA)
Philips Healthcare (The Netherlands)
Siemens Healthineers (Germany)
Surgical Science Sweden AB (Sweden)
Virtual Realities, LLC (USA)
Virtually Better, Inc. (USA)
Vital Images, Inc. (USA)
Vuzix Corporation (USA)
WorldViz, LLC (USA)
zSpace, Inc. (USA)

6. GLOBAL MARKET PERSPECTIVE

Table 2. World Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) and Rest of World Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 3. World Historic Review for Virtual Reality (VR) in Healthcare by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) and Rest of World Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 4. World 14-Year Perspective for Virtual Reality (VR) in Healthcare by Geographic Region - Percentage Breakdown of Revenues for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan) and Rest of World Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

III. MARKET

1. THE UNITED STATES

A. Market Analysis
Current & Future Analysis
Market Overview
Strategic Corporate Developments
Focus on Select Players
B. Market Analytics

Table 5. The US Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 6. The US Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

2. CANADA

A. Market Analysis
Current & Future Analysis
Strategic Corporate Development
Key Player
B. Market Analytics

Table 7. Canadian Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 8. Canadian Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

3. JAPAN

Market Analysis

Table 9. Japanese Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 10. Japanese Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

4. EUROPE

Market Analysis

Table 11. European Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 12. European Historic Review for Virtual Reality (VR) in Healthcare by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 13. European 14-Year Perspective for Virtual Reality (VR) in Healthcare by Geographic Region - Percentage Breakdown of Revenues for France, Germany, Italy, UK and Rest of Europe Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

4A. FRANCE

Market Analysis

Table 14. France Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 15. France Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

4B. GERMANY

A. Market Analysis
Current & Future Analysis
Strategic Corporate Development
Focus on Select Player
B. Market Analytics

Table 16. Germany Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 17. Germany Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

4C. ITALY

Market Analysis

Table 18. Italy Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 19. Italy Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

4D. THE UNITED KINGDOM

A. Market Analysis
Current & Future Analysis
Virtalis Limited – A Key Player
B. Market Analytics

Table 20. The UK Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 21. The UK Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

4E. REST OF EUROPE

A. Market Analysis
Current & Future Analysis
Strategic Corporate Developments
Focus on Select Players
B. Market Analytics

Table 22. Rest of Europe Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 23. Rest of Europe Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

5. ASIA-PACIFIC

Market Analysis

Table 24. Asia-Pacific Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 25. Asia-Pacific Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

6. REST OF WORLD

A. Market Analysis
Current & Future Analysis
Strategic Corporate Development
B. Market Analytics

Table 26. Rest of World Recent Past, Current & Future Analysis for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 27. Rest of World Historic Review for Virtual Reality (VR) in Healthcare Market Analyzed with Annual Revenues in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 42 (including Divisions/Subsidiaries - 44)
The United States (25)
Canada (3)
Japan (1)
Europe (14)
  Germany (5)
  The United Kingdom (3)
  Rest of Europe (6)
Asia-Pacific (Excluding Japan) (1)