Europe Virtual Reality (VR) Health Market is forecasted to grow at 33.5% with factor such as increased preference of VR in the healthcare industry and growing adoption of virtual reality (VR) in various applications such as medical education, patient-care and others.
Virtual Reality (VR) health market has shown an exceptional penetration in countries such as U.S. due to growth in awareness regarding the benefits of virtual reality technologies. Growing adoption of virtual reality (VR) in various applications such as medical education, patient-care and others is boosting the growth in developed countries. In developing countries, rising emphasis on research and development activities is creating opportunity for the Europe virtual reality (VR) health market.
Virtual reality (VR) health Market Scenario
According to Data Bridge Market Research, the market for Europe virtual reality (VR) health in Germany has the highest market share followed by U.K. Market leaders are Facebook, Microsoft, and Koninklijke Philips N.V. which accounts an estimated market share of approximately 10% to 30% in the Europe market. The company has gained outstanding sale by providing virtual reality (VR) health products.
For instance,
- In July 2021, Facebook announced integration of their Oculus virtual-reality headsets with Apple Inc.’s health app on iPhones. The feature would allow a user of the Oculus move workout system to add data -- like the number of calories burned -- to the iPhone health app. This has helped the company to enhance their offerings and to grow in the market
- In April 2021, Microsoft announced that they have won U.S. Army contract for augmented reality headsets, worth up to USD 21.9 billion over 10 years. Under this, Microsoft will deliver more than 120,000 devices based on its HoloLens augmented reality headset to the U.S. Army. This will help the company to enhance their customer base and to grow in the market
Trends Impacting the Market
Now the question is which other regions Facebook, Microsoft, and Koninklijke Philips N.V. are targeting? Data Bridge Market Research has forecasted a large growth in Europe virtual reality (VR) health market and the market leaders targeting U.K. and France to be their next pocket revenue for 2021.
The virtual reality (VR) health are becoming more competitive every year with companies Facebook, Microsoft, and Koninklijke Philips N.V. as they are the market leaders for virtual reality (VR) health. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the virtual reality (VR) health market.
For more analysis on the virtual reality (VR) health request for a briefing with our analysts https://www.databridgemarketresearch.com/ar/speak-to-analyst/?dbmr=europe-virtual-reality-vr-health-market
Virtual Reality (VR) Health Market Development in 2021
- In August 2021, Koninklijke Philips N.V. announced launch of digital experience during the virtual European Society of Cardiology (ESC) 2021 Congress. Under this, the company spotlights smart diagnostic and treatment solutions for the customers. This will help the company to enhance their offerings and to grow in the market.
Scope of the Virtual Reality (VR) Health Market
All country based analysis of Europe virtual reality (VR) health market is further analyzed based on maximum granularity into further segmentation. On the basis of product, the Europe virtual reality (VR) health market has been segmented into hardware, software and services. On the basis of technology, the Europe virtual reality (VR) health market has been segmented into head-mounted technology, gesture-tracking technology, projector & display walls technology, mobile device-based and others. On the basis of application, the Europe virtual reality (VR) health market has been segmented into medical training and education, virtual reality exposure therapy, surgery, patient care management, rehabilitation, pain management and others. On the basis of therapeutic area, the Europe virtual reality (VR) health market has been segmented into craniofacial, cardiovascular, ophthalmology, pulmonary, neurological, sleep disorders, phobias, addictions, posttraumatic stress disorder (PTSD) and others. On the basis of end user, the Europe virtual reality (VR) health market has been segmented into hospitals, clinics, surgical centres, ambulatory surgical centers, diagnostic centers, rehabilitation centers, long-term care facilities, mental health institutions and others. On the basis of distribution channel, the Europe virtual reality (VR) health market has been segmented into direct tenders, retail sales and third party distributor.
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Key Pointers Covered in Virtual Reality (VR) Health Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- AppliedVR
- Koninklijke Philips N.V.
- Psious
- MindMaze Inc
- VirtaMed AG
- Osso VR, Inc
- CAE Inc
- Google (A Subsidiary of Alphabet Inc)
- Microsoft
- General Electric
- Medical Realities Ltd
- Siemens
Above are the key players covered in the report, to know about more and exhaustive list of dish antenna companies’, contact us https://www.databridgemarketresearch.com/ar/toc/?dbmr=europe-virtual-reality-vr-health-market
Research Methodology: Europe Virtual Reality (VR) Health Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Managers, Directors, Government, Healthcare Companies, Healthcare Professionals, Hospitals and Other Medical Institutions
- Supply Side: Service Providers, Virtual Reality (VR) Health Companies, Software Providers, Marketing Managers, Logistics Managers, C-Level Executives and Market Intelligence, among others.
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