Augmented Reality in Healthcare Market Report by Product (AR Displays, AR Sensors, AR Input Devices, AR Semiconductor Components, and Others), Technology (Head Mounted Devices, Handheld Devices), End User (Hospitals and Clinics, Research Laboratories, and Others), and Region 2024-2032

Augmented Reality in Healthcare Market Report by Product (AR Displays, AR Sensors, AR Input Devices, AR Semiconductor Components, and Others), Technology (Head Mounted Devices, Handheld Devices), End User (Hospitals and Clinics, Research Laboratories, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A5204
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Market Overview:

The global augmented reality (AR) in healthcare market size reached US$ 1,977.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 10,025.4 Million by 2032, exhibiting a growth rate (CAGR) of 19.77% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 1,977.2 Million
Market Forecast in 2032
US$ 10,025.4 Million
Market Growth Rate 2024-2032 19.77%


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.

Global Augmented Reality in Healthcare Market

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.

 

 
 

 

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

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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 report, along with forecasts at the global, regional and country level from 2024-2032. 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:

 

 
 

 

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

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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 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
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$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
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)

Key Questions Answered in This Report

We expect the global augmented reality (AR) in healthcare market to exhibit a CAGR of 19.77% during 2024-2032.

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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Augmented Reality in Healthcare Market Report by Product (AR Displays, AR Sensors, AR Input Devices, AR Semiconductor Components, and Others), Technology (Head Mounted Devices, Handheld Devices), End User (Hospitals and Clinics, Research Laboratories, and Others), and Region 2024-2032
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