The North America Virtual Reality (VR) Health Market is forecasted to grow at 32.9% CAGR with factors such as the 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.
The North America virtual reality (VR) health market has shown an exceptional penetration in countries such as the U.S. due to growth in awareness regarding the benefits of virtual reality technologies. Lack of effective user experience is restraining the North America virtual reality (VR) health market growth. In developing countries, rising emphasis on research and development activities creates an opportunity for the market.
North America Virtual Reality (VR) Health Market Scenario
According to Data Bridge Market Research, the North America virtual reality (VR) health market leaders are Facebook, Microsoft, and Koninklijke Philips N.V.
The market was dominated by Facebook, which accounts for an estimated market share of approximately 18.11% in the North American market. The company has gained outstanding sales by providing virtual reality (VR) health products.
For instance,
- In July 2021, Facebook announced the 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 – such as the number of calories burned -- to the iPhone health app. This has helped the company to enhance its offerings 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?
The North America virtual reality (VR) health market is becoming more competitive each year with companies such as Facebook, Microsoft, and Koninklijke Philips N.V. They are the market leaders for the market. 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 North America virtual reality (VR) health, request a briefing with our analysts https://www.databridgemarketresearch.com/ar/speak-to-analyst/?dbmr=north-america-virtual-reality-vr-health-market
North America Virtual Reality (VR) Health Market Developments in 2021
- In August 2021, Koninklijke Philips N.V. announced the 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 its offerings and to grow in the market
- In April 2021, Microsoft announced that they had won a U.S. Army contract for augmented reality headsets worth up to USD 21.9 billion over ten 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 its customer base and to grow in the market
Scope of the North America Virtual Reality (VR) Health Market
All country-based analysis of the North America virtual reality (VR) health market is further analyzed based on maximum granularity into further segmentation. On the basis of product, the North America virtual reality (VR) health market has been segmented into hardware, software, and services. On the basis of technology, the North America virtual reality (VR) health market has been segmented into head-mounted technology, gesture-tracking technology, projector and display walls technology, mobile device-based, and others. On the basis of application, the North America 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 North America 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 North America virtual reality (VR) health market has been segmented into hospitals, clinics, surgical centers, ambulatory surgical centers, diagnostic centers, rehabilitation centers, long-term care facilities, mental health institutions, and others. On the basis of distribution channel, the North America virtual reality (VR) health market has been segmented into direct tenders, retail sales, and third party distributor.
To know more about the study https://www.databridgemarketresearch.com/ar/reports/north-america-virtual-reality-vr-health-market
Key Pointers Covered in North America 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
- Microsoft
- Koninklijke Philips N.V.
- Google (A Subsidiary of Alphabet Inc)
- General Electric
- CAE Inc
- AppliedVR
- Augmedix, Inc
- EchoPixel
- Firsthand Technology Inc
- ImmersiveTouch, Inc
- Medical Realities Ltd
- MindMaze Inc
- Osso VR, Inc
- Psious
- Siemens
- SyncThink Inc.
- VirtaMed AG
- Vivid Vision, Inc
Above are the key players covered in the report. To know about more an exhaustive list of dish antenna companies’, contact us https://www.databridgemarketresearch.com/ar/toc/?dbmr=north-america-virtual-reality-vr-health-market
Research Methodology: North America Virtual Reality (VR) Health Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed 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 inquiry.
The key research methodology used by the 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 timeline 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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