Metaverse in Healthcare Industry Trends and Global Forecasts 2025: Market to Reach $219.1 Billion, at a CAGR of 31.1%, Opportunities in Enhanced Patient Engagement, Decentralized Data, & Telehealth - ResearchAndMarkets.com

The "Metaverse in Healthcare Market Industry Trends and Global Forecasts to 2035, by Component, Type of Technology, Applications, End Users, Geographical Regions and Key Players" report has been added to ResearchAndMarkets.com's offering.

The global metaverse in healthcare market size is estimated to grow from USD 14.6 billion in the current year to USD 219.1 billion by 2035, at a CAGR of 31.1% during the forecast period, till 2035.

Metaverse is a virtual ecosystem developed through the integration of advanced technologies, such as augmented reality, virtual reality, artificial intelligence, mixed reality, blockchain technology and IoT. With the growing focus on enhanced patient engagement, metaverse in healthcare has opened new avenues for accessing and storing decentralized data, along with offering telehealth services to patients based in remote locations. Moreover, the increasing adoption of digital health services for real time diagnosis and treatment accentuates the expansion of metaverse related applications in the healthcare sector.

With the ongoing advancements in virtual reality and augmented reality tools, surgeons can perform complex medical procedures in controlled virtual environment, which helps in reducing the errors and improves the overall surgical outcomes. Further, it is important to highlight that, in recent years, these cutting-edge technological advancements have gathered significant attention from both healthcare professionals and patients due to their abovementioned advantages. Notably, large volumes of data can be scanned by using predictive artificial intelligence (AI) models with data integration, evolutionary modeling and pattern recognition. Therefore, metaverse has the potential to streamline healthcare delivery, reduce treatment costs, and improve patient outcomes by facilitating more personalized and accessible healthcare experiences.

Owing to the numerous benefits of metaverse in healthcare, the companies engaged in this domain are extensively focused on exploring the potential of these digital capabilities to precisely address and diagnose the diseases and support both patients and care givers. Moreover, with the development of digital health metaverse ecosystems that can broaden the training options worldwide, the metaverse in healthcare market is poised for substantial growth in the coming years.

North America is likely to capture the largest market share. This can be attributed to the high acceptance and adoption of metaverse technologies in the healthcare sector, especially in the US.However, the metaverse in the healthcare market in Asia-Pacific is expected to grow at a higher CAGR during the forecast period.

Metaverse in Healthcare Market: Key Insights

The report delves into the current state of the metaverse in healthcare market and identifies potential growth opportunities within the industry. The key takeaways of the report are:

• Majority of the key companies integrate artificial intelligence; of these, close to 45% companies offer components based on mixed reality, in order to support the healthcare providers for diagnosis, medical training and education.
• Presently, more than 50 players claim to provide blockchain platform solutions across a wide range of drug development applications.
• Driven by the increasing digital health services and need for extensive medical training, the metaverse in healthcare market is anticipated to witness a steady growth in the foreseen future.
• Owing to the surplus usage of metaverse to improve medical outcomes and support patient experience, the market is anticipated to grow at an annualized rate of 31.1% in the coming decade.

Metaverse in Healthcare Market: Key Segments

• Currently, the software segment occupies the highest share of the overall market. It is worth mentioning that the services segment is expected to witness substantial market growth in the coming years.
• Currently, amongst all these types, the augmented reality / virtual reality segment occupies the highest share in the overall market.
• Presently, the market is dominated by the revenues generated from the telehealth segment and this trend is unlikely to change in the future as well.
• Currently, MedTech companies' segment is likely to hold the largest market share, and this trend is unlikely to change in the future as well.

Players in the Metaverse in Healthcare Market

• 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
• XRHealth

Key Topics Covered:

1. BACKGROUND

2. RESEARCH METHODOLOGY

3. MARKET DYNAMICS

4. ECONOMIC AND OTHER PROJECT SPECIFIC CONSIDERATIONS

5. EXECUTIVE SUMMARY

6. INTRODUCTION

6.1. Overview of Metaverse in Healthcare

6.2. Key Technologies Employed

6.3. Metaverse Applications in Healthcare

6.4. Challenges associated with Metaverse in Healthcare

6.5. Recent Advancements in Metaverse in Healthcare

7. MARKET IMPACT ANALYSIS

7.1. Market Drivers

7.2. Market Restraints

7.3. Market Opportunities

7.4. Market Challenges

8. GLOBAL METAVERSE IN HEALTHCARE MARKET

8.1. Key Assumptions and Methodology

8.2. Global Metaverse in Healthcare Market

8.3. Key Market Segmentations

8.4. Roots Analysis Perspective on Market Growth

9. METAVERSE IN HEALTHCARE MARKET, BY COMPONENT

9.1. Key Assumptions and Methodology

9.2. Metaverse in Healthcare Market: Distribution by Component

9.2.1. Metaverse in Healthcare Market for Software

9.2.2. Metaverse in Healthcare Market for Hardware

9.2.3. Metaverse in Healthcare Market for Services

10. METAVERSE IN HEALTHCARE MARKET, BY TYPE OF TECHNOLOGY

10.1. Key Assumptions and Methodology

10.2. Metaverse in Healthcare Market: Distribution by Type of Technology

10.2.1. Metaverse in Healthcare Market for Augmented Reality / Virtual Reality

10.2.2. Metaverse in Healthcare Market for Artificial Intelligence

10.2.3. Metaverse in Healthcare Market for Blockchain Technology

10.2.4. Metaverse in Healthcare Market for Mixed Reality

10.2.5. Metaverse in Healthcare Market for Other Technologies

11. METAVERSE IN HEALTHCARE MARKET, BY APPLICATION

11.1. Key Assumptions and Methodology

11.2. Metaverse in Healthcare Market: Distribution by Application

11.2.1. Metaverse in Healthcare Market for Telehealth

11.2.2. Metaverse in Healthcare Market for Medical Training and Education

11.2.3. Metaverse in Healthcare Market for Drug Discovery and Personalized Medicine

11.2.4. Metaverse in Healthcare Market for Diagnosis

11.2.5. Metaverse in Healthcare Market for Other Applications

12. METAVERSE IN HEALTHCARE MARKET, BY END USER

12.1. Key Assumptions and Methodology

12.2. Metaverse in Healthcare Market: Distribution by End User

12.2.1. Metaverse in Healthcare Market for MedTech Companies

12.2.2. Metaverse in Healthcare Market for Healthcare Providers

12.2.3. Metaverse in Healthcare Market for Biopharmaceutical, Biotechnology and Life Sciences Companies

12.2.4. Metaverse in Healthcare Market for Payers

12.2.5. Metaverse in Healthcare Market for Patient

13. METAVERSE IN HEALTHCARE MARKET, BY GEOGRAPHICAL REGIONS

13.1. Key Assumptions and Methodology

13.2. Metaverse in Healthcare Market: Distribution by Geographical Regions

13.3. Metaverse in Healthcare Market, by Geographical Regions: Market Dynamics Assessment

14. METAVERSE IN HEALTHCARE MARKET, BY KEY PLAYERS

15. MARKET LANDSCAPE

15.1. Chapter Overview

15.2. Key Metaverse Companies in Healthcare: Market Landscape

15.2.1. Analysis by Component

15.2.2. Analysis by Type of Technology

15.2.3. Analysis by Type of Head-mounted Device

15.2.4. Analysis by Applications

15.2.5. Analysis by End User

15.3. Metaverse Companies in Healthcare: Overall Market Landscape

15.3.1. Analysis by Year of Establishment

15.3.2. Analysis by Company Size

15.3.3. Analysis by Location of Headquarters

16. COMPANY COMPETITIVENESS ANALYSIS

16.1. Methodology and Key Parameters

16.2. Scoring Criteria

16.3. Key Metaverse Companies in Healthcare: Company Competitiveness Analysis

16.4. Key Metaverse Companies in Healthcare: Benchmarking Analysis

17. COMPANY PROFILES: KEY METAVERSE COMPANIES HEADQUARTERED IN NORTH AMERICA

17.1. Chapter Overview

17.2. Key Metaverse Companies Headquartered in North America

17.2.1. Intuitive Surgical

17.2.1.1. Company Overview

17.2.1.2. Metaverse in Healthcare Offerings Portfolio

17.2.1.3. Financial Details

17.2.1.4. Recent Developments and Future Outlook

17.2.2. GE HealthCare

17.2.3. Medtronic

17.2.4. Microsoft

17.2.5. NVIDIA

17.3. Other Key Metaverse Companies Headquartered in North America

17.3.1. AccuVein

17.3.2. CMR Surgical

17.3.3. Elevate Healthcare

17.3.4. EON Reality

17.3.5. Google Health

17.3.6. ImmersiveTouch

17.3.7. XRHealth

18. KEY METAVERSE COMPANIES HEADQUARTERED IN EUROPE AND ASIA-PACIFIC

18.1. Chapter Overview

18.2. Key Metaverse Companies Headquartered in Europe and Asia-Pacific

18.2.1. Philips

18.2.1.1. Company Overview

18.2.1.2. Metaverse in Healthcare Offerings Portfolio

18.2.1.3. Financial Details

18.2.1.4. Recent Developments and Future Outlook

18.2.2. Siemens Healthineers

18.2.3. Wipro

18.3. Other Key Metaverse Companies Headquartered in Europe and Asia-Pacific

18.3.1. Aimedis

18.3.2. Brainlab

18.3.3. Innoplexus

18.3.4. MindMaze

18.3.5. Oodles Technologies

19. METAVERSE IN HEALTHCARE MARKET: ONGOING MEGATRENDS

19.1. Chapter Overview

19.2. Key Megatrends

20. PAIN POINT ANALYSIS

20.1. Chapter Overview

20.2. Metaverse in Healthcare: Customer Pain Points

20.3. Strategies to Address Pain Points

20.4. Concluding Remarks

21. METAVERSE APPLICATIONS IN HEALTHCARE: USE CASES

21.1. Chapter Overview

21.2. Key Metaverse Applications across Various Healthcare Segments

21.2.1. Diagnostics

21.2.2. Drug Discovery and Development

21.2.3. Medical Training and Education

21.2.4. Surgical Treatment

21.2.5. Supply Chain Management

21.2.6. Telehealth

21.3. Upcoming Trends in Metaverse in Healthcare Domain

21.4. Future Perspectives

22. CASE STUDY: BLOCKCHAIN TECHNOLOGY PROVIDERS MARKET LANDSCAPE

22.1. Chapter Overview

22.2. Blockchain Technology Providers: Market Landscape

23. EXECUTIVE INSIGHTS

24. APPENDIX I: TABULATED DATA

25. APPENDIX II: LIST OF COMPANIES AND ORGANIZATIONS

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