by The mixed reality in healthcare market is anticipated to register a CAGR of 49% from 2021 to 2027 and is projected to hit around US$ 3.9 billion by 2027 from US$ 60.2 million in 2020, as per reports by market research and consulting organizations Nova One Advisor.
The report contains 150+ pages with detailed analysis. The report provides an in-depth analysis of the market size, share, emerging and current trends, future estimations, and key players.
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| Report Scope | Details |
| Market Size | USD 3.9 Billion by 2027 |
| Growth Rate | CAGR of 49.0% From 2021 to 2027 |
| Base Year | 2020 |
| Forecast Period | 2021 to 2027 |
| Historic Data | 2017 to 2020 |
| Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
| Segments Covered | Component, Application, End-user And Region |
Competition Landscape
In the final section of the research report, Nova One Advisor provided the global mixed reality in healthcare market structure and a detailed competition landscape to provide a dashboard view of key players operating in the mixed reality in healthcare market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.
Some of the major players in the mixed reality in healthcare market include:
Daqri; EchoPixel; Firsthand Technology; Oculus VR; Osso VR; Surgical Theater; Atheer; Microsoft Corporation; Samsung Electronics Co. Ltd.; HTC Corporation
Market Report Scope
This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, the Middle East and Africa. This research report offers scenario and forecast (revenue/volume) and categorizes the market by key players and various segment. This report also studies global market prominence, competitive landscape, market share, growth rates market dynamics such as drivers, restraints and opportunities, and distributors and sales channels.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
Growth Factors:
Growing awareness regarding the utilization of mixed reality (MR) in surgical and other processes and rising adoption of MR for medical training is positively impacting the growth. Furthermore, increasing research activities and studies signifying the use of mixed reality in certain medical conditions such as pain management and mental health is further bolstering revenue growth over the forecast period.
Based on the component, the software segment dominated the market in 2019. Factors contributing to the growth of the segment include rising availability and accessibility of the software to the users and increasing awareness regarding the usage of software platforms for various medical and health purposes. In addition, the rising adoption of software technologies for better patient satisfaction is further propelling segment growth.
In 2019, the patient care management segment accounted for the highest revenue share. This growth is attributed to factors such as the increasing prevalence of serious medical conditions such as cancer and the rising importance of patient care management for patient referrals. In addition, the increase in demand for better healthcare technologies for enhancing patient satisfaction is further fueling segment growth.
Based on end-user, the hospital segment dominated the market in 2019. This growth can be attributed to the increasing utilization of mixed reality technologies for pain management and mental health. In addition, the rising adoption of mixed reality-based technologies for better patient care and management is propelling segment growth.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Mixed Reality In Healthcare market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Mixed Reality In Healthcare market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Mixed Reality In Healthcare market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Regional Insights
North America dominated the market for mixed reality in healthcare with a revenue share of 38.9% in 2019. The increasing adoption of new technologies, the presence of a higher number of market players, and well-developed healthcare infrastructure are some of the key factors fueling market growth.
In addition, in the Asia Pacific, the market for mixed reality in healthcare is also expected to exhibit lucrative growth over the forecast period owing to constantly improving healthcare infrastructure, increasing adoption of digital solutions for healthcare, and economic development. Furthermore, the increasing prevalence of psychological or mental disorders coupled with the rising geriatric population is likely to propel the market growth during the forecast period.
Market Segmentation
By Component
- Hardware
- Software
- Content and Application
By Application
- Surgery and Surgery Simulation
- Patient Care Management
- Fitness Management
- Medical Training and Education
- Others
By End-user
- Hospital
- Surgical Centers and Medical Institutes
- Others
Regional Segmentation
– North America (U.S. and Canada)
– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
– Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
– Latin America (Brazil and Rest of Latin America)
– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire based research etc.
- In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
Most Asked Questions
- What is the market size of the mixed reality in healthcare market at the global level?
- Which screen size is most preferred by the consumers of mixed reality in healthcare?
- Which mode of distribution channel is most preferred by the manufacturers of mixed reality in healthcare?
- Which is the preferred age group for targeting mixed reality in healthcare for manufacturers?
- Who are the major players operating in the global mixed reality in healthcare market? What is the current market position of the key players? Who are the emerging players in this industry?
- Who are the major distributors, traders, and dealers operating in the mixed reality in healthcare market?
- What the key factors driving, inhibiting the growth of the market, and what is the degree of impact of the drivers and restraints?
- What is the impact of the regulations on the growth of the mixed reality in healthcare market?
- Which is the leading region/country for the growth of the market? What is the anticipated growth rate of the leading regions during the forecast period?
- How are the emerging markets for mixed reality in healthcare expected to perform in the coming years? How is the consumption pattern expected to evolve in the future?
Why should you invest in this report?
If you are aiming to enter the global mixed reality in healthcare market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for mixed reality in healthcare are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Mixed Reality In Healthcare Market, By Component
7.1. Mixed Reality In Healthcare Market, By Component Type, 2020-2027
7.1.1. Hardware
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Software
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Content and Application
7.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Mixed Reality In Healthcare Market, By Application
8.1. Mixed Reality In Healthcare Market, by Application, 2020-2027
8.1.1. Surgery and Surgery Simulation
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Patient Care Management
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Fitness Management
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Medical Training and Education
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Mixed Reality In Healthcare Market, By End-use
9.1. Mixed Reality In Healthcare Market, By End-use, 2020-2027
9.1.1. Hospital
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Surgical Centers and Medical Institutes
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Others
9.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 10. Global Mixed Reality In Healthcare Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, By Component (2016-2027)
10.1.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.3. Market Revenue and Forecast, By End-use (2016-2027)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, By Component (2016-2027)
10.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.4.3. Market Revenue and Forecast, By End-use (2016-2027)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, By Component (2016-2027)
10.1.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.5.3. Market Revenue and Forecast, By End-use (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Forecast, By Component (2016-2027)
10.2.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.3. Market Revenue and Forecast, By End-use (2016-2027)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, By Component (2016-2027)
10.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.4.3. Market Revenue and Forecast, By End-use (2016-2027)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, By Component (2016-2027)
10.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.5.3. Market Revenue and Forecast, By End-use (2016-2027)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, By Component (2016-2027)
10.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.6.3. Market Revenue and Forecast, By End-use (2016-2027)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, By Component (2016-2027)
10.2.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.7.3. Market Revenue and Forecast, By End-use (2016-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, By Component (2016-2027)
10.3.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.3. Market Revenue and Forecast, By End-use (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, By Component (2016-2027)
10.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.4.3. Market Revenue and Forecast, By End-use (2016-2027)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, By Component (2016-2027)
10.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.5.3. Market Revenue and Forecast, By End-use (2016-2027)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, By Component (2016-2027)
10.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.6.3. Market Revenue and Forecast, By End-use (2016-2027)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, By Component (2016-2027)
10.3.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.7.3. Market Revenue and Forecast, By End-use (2016-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, By Component (2016-2027)
10.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.3. Market Revenue and Forecast, By End-use (2016-2027)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, By Component (2016-2027)
10.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.4.3. Market Revenue and Forecast, By End-use (2016-2027)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, By Component (2016-2027)
10.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.5.3. Market Revenue and Forecast, By End-use (2016-2027)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, By Component (2016-2027)
10.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.6.3. Market Revenue and Forecast, By End-use (2016-2027)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, By Component (2016-2027)
10.4.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.7.3. Market Revenue and Forecast, By End-use (2016-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, By Component (2016-2027)
10.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.3. Market Revenue and Forecast, By End-use (2016-2027)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, By Component (2016-2027)
10.5.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.4.3. Market Revenue and Forecast, By End-use (2016-2027)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, By Component (2016-2027)
10.5.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.5.3. Market Revenue and Forecast, By End-use (2016-2027)
Chapter 11. Company Profiles
11.1. Daqri
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. EchoPixel, Inc.
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Firsthand Technology, Inc.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Oculus VR
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Osso VR
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Surgical Theater, Inc.
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Atheer, Inc.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Microsoft Corporation
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Samsung Electronics Co. Ltd.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. HTC Corporation
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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