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Augmented Reality (AR) in Healthcare Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global augmented reality (AR) in healthcare market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Augmented reality (AR) relies on displays, cameras, and sensors to integrate digital content into the real-world environment of a user. It finds extensive applications in the healthcare industry as AR enables healthcare professionals to visualize and interact with three-dimensional (3D) representations of human bodies. It also allows them to virtually explore new therapies that were previously prohibitive in a hospital on account of weight, size, or security restraints. Besides this, AR helps these professionals in assisting patients and understanding numerous surgical procedures.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Augmented Reality (AR) in Healthcare Market Trends:

Rapid digitalization, in confluence with rising technological advancements in the healthcare industry, represents one of the key factors positively influencing the market. Moreover, AR enhances the visualization of computerized tomography (CT) and magnetic resonance imaging (MRI) data by overlaying stereoscopic projections during a surgical procedure. This information plays a pivotal role in surgeries requiring accurate navigation to a particular organ. Besides this, AR is used in vein visualization, which aids in the precise detection of veins among patients to increase first-attempt accuracy. It is also utilized in dentistry as AR-based smart glasses that superimpose real-time data directly from a dental scanner enable a dentist to build precise crowns or caps. In addition, AR-enabled tablet-based simulations of different patient scenarios allow nurses to connect better with patients. This, coupled with the rising need for efficient and innovative solutions to enhance clinical and operational outcomes, is facilitating the market growth. Apart from this, AR can minimize costs by eliminating the need for redundant screens. Furthermore, increasing prevalence of diseases and the rising focus on improving the overall quality of patient care are impelling the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global augmented reality (AR) in healthcare market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, technology and end user.

Breakup by Product:

  • AR Displays
  • AR Sensors
  • AR Input Devices
  • AR Semiconductor Components
  • Others
     

Breakup by Technology:

 

 
 

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  • Head Mounted Devices
  • Handheld Devices
     

Breakup by End User:

  • Hospitals and Clinics
  • Research Laboratories
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AccuVein Inc., Atheer Inc., Augmedics, CAE Inc., Google LLC, Koninklijke Philips N.V., Magic Leap Inc., Medical Realities Ltd., Microsoft Corporation, Mindmaze, Orca Health Inc., Siemens AG and Wikitude GmbH (Qualcomm Technologies Inc.).

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, Technology, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AccuVein Inc., Atheer Inc., Augmedics, CAE Inc., Google LLC, Koninklijke Philips N.V., Magic Leap Inc., Medical Realities Ltd., Microsoft Corporation, Mindmaze, Orca Health Inc., Siemens AG and Wikitude GmbH (Qualcomm Technologies Inc.).
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Augmented Reality (AR) in Healthcare Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    AR Displays
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    AR Sensors
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    AR Input Devices
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    AR Semiconductor Components
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Technology
    7.1    Head Mounted Devices
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Handheld Devices
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End User
    8.1    Hospitals and Clinics
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Research Laboratories
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    AccuVein Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Atheer Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Augmedics
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    CAE Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Google LLC
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 SWOT Analysis
        14.3.6    Koninklijke Philips N.V.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Magic Leap Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Medical Realities Ltd.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Microsoft Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Mindmaze
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Orca Health Inc.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Siemens AG
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis
        14.3.13    Wikitude GmbH (Qualcomm Technologies Inc.)
           14.3.13.1 Company Overview
           14.3.13.2 Product Portfolio

List of Figures

Figure 1: Global: Augmented Reality in Healthcare Market: Major Drivers and Challenges
Figure 2: Global: Augmented Reality in Healthcare Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Augmented Reality in Healthcare Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Augmented Reality in Healthcare Market: Breakup by Product (in %), 2021
Figure 5: Global: Augmented Reality in Healthcare Market: Breakup by Technology (in %), 2021
Figure 6: Global: Augmented Reality in Healthcare Market: Breakup by End User (in %), 2021
Figure 7: Global: Augmented Reality in Healthcare Market: Breakup by Region (in %), 2021
Figure 8: Global: Augmented Reality in Healthcare (AR Displays) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Augmented Reality in Healthcare (AR Displays) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Augmented Reality in Healthcare (AR Sensors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Augmented Reality in Healthcare (AR Sensors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Augmented Reality in Healthcare (AR Input Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Augmented Reality in Healthcare (AR Input Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Augmented Reality in Healthcare (AR Semiconductor Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Augmented Reality in Healthcare (AR Semiconductor Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Augmented Reality in Healthcare (Other Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Augmented Reality in Healthcare (Other Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Augmented Reality in Healthcare (Head Mounted Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Augmented Reality in Healthcare (Head Mounted Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Augmented Reality in Healthcare (Handheld Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Augmented Reality in Healthcare (Handheld Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Augmented Reality in Healthcare (Hospitals and Clinics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Augmented Reality in Healthcare (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Augmented Reality in Healthcare (Research Laboratories) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Augmented Reality in Healthcare (Research Laboratories) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Augmented Reality in Healthcare (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Augmented Reality in Healthcare (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North America: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North America: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: United States: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: United States: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Canada: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Canada: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Asia-Pacific: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Asia-Pacific: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: China: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: China: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Japan: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Japan: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: India: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: South Korea: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: South Korea: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Australia: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Australia: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Indonesia: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Indonesia: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Others: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Others: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Europe: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Europe: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Germany: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Germany: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: France: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: France: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: United Kingdom: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: United Kingdom: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Italy: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Italy: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Spain: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Spain: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Russia: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Russia: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Latin America: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Latin America: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Brazil: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Brazil: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Mexico: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Mexico: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Middle East and Africa: Augmented Reality in Healthcare Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Middle East and Africa: Augmented Reality in Healthcare Market: Breakup by Country (in %), 2021
Figure 76: Middle East and Africa: Augmented Reality in Healthcare Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Global: Augmented Reality in Healthcare Industry: SWOT Analysis
Figure 78: Global: Augmented Reality in Healthcare Industry: Value Chain Analysis
Figure 79: Global: Augmented Reality in Healthcare Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Augmented Reality in Healthcare Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Augmented Reality in Healthcare Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Augmented Reality in Healthcare Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Augmented Reality in Healthcare Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Augmented Reality in Healthcare Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Augmented Reality in Healthcare Market: Competitive Structure
Table 7: Global: Augmented Reality in Healthcare Market: Key Players

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Key Questions Answered in This Report

We expect the global augmented reality (AR) in healthcare market to exhibit a CAGR of 19.65%
during 2022-2027.

The extensive utilization of augmented reality in surgeries requiring accurate navigation to a
particular organ and vein visualization, is currently driving the global augmented reality (AR) in
healthcare market.

The sudden outbreak of the COVID-19 pandemic has led to the growing application of augmented
reality in the healthcare sector for improving the overall patient care quality and enhancing clinical
outcomes while treating the coronavirus infected patients.

Based on the product, the global augmented reality (AR) in healthcare market can be categorized
into AR displays, AR sensors, AR input devices, AR semiconductor components, and others. Among
these, AR displays currently hold the majority of the global market share.

Based on the technology, the global augmented reality (AR) in healthcare market has been
segmented into head mounted devices and handheld devices. Currently, head mounted devices
represent the largest market share.

Based on the end user, the global augmented reality (AR) in healthcare market can be bifurcated
into hospitals and clinics, research laboratories, and others. Among these, hospitals and clinics
currently account for the majority of the total market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.

Some of the major players in the global augmented reality (AR) in healthcare market include
AccuVein Inc., Atheer Inc., Augmedics, CAE Inc., Google LLC, Koninklijke Philips N.V., Magic Leap Inc.,
Medical Realities Ltd., Microsoft Corporation, Mindmaze, Orca Health Inc., Siemens AG, and
Wikitude GmbH (Qualcomm Technologies Inc.).

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