Product Code: GVR-4-68040-136-8
Virtual Reality In Healthcare Market Growth & Trends:
The global virtual reality in healthcare market size is estimated to reach USD 29.38 billion by 2030, registering a CAGR of 30.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing application of virtual reality (VR) solutions in the healthcare domain to facilitate patient treatment, medical training for professionals and students, medical marketing, and educating patients about medical conditions and processes is driving market growth. Furthermore, factors such as favorable government initiatives, technological developments, and increased investments in advanced medical solutions are contributing to the market expansion.
The growing proclivity towards medical training comprising problem-oriented learning, communication, and VR-based learning approaches favors market expansion. Utilizing virtual reality (VR) to simulate surgical procedures and train medical residents is emerging as a notable trend in healthcare education. The American Board of Internal Medicine's endorsement of VR tools for pre-operative training underscores its effectiveness in preparing medical professionals for real-life interventions, extending its application to encompass critical skills such as mechanical ventilation and invasive hemodynamic monitoring.
Several companies operating in the market are engaged in developing and introducing innovative medical training solutions equipped with VR. For instance, in May 2023, FundamentalVR, an immersive surgical training solutions provider, launched Fundamental Core, its cutting-edge SDK, an all-in-one toolkit to help developers easily create, improve, and distribute their surgical and medical simulations from a set of intuitive building blocks and online tools. It will allow developers to build various medical training scenarios and applications, such as fast-track procedures to provide complex haptic interactions and VR experiences. Such strategies by the key players are expected to drive the market growth over the forecast period.
The growth of the market is being further driven by the increased adoption of telemedicine in the healthcare industry. The combination of telemedicine and VR technology is emerging as an effective and safer patient solution. It allows patients to get care from the comfort of their homes, improves waiting times, and offers accessibility and convenience. For instance, WorldViz, Inc. partnered with Massachusetts General Hospital for innovative research applications in the new Clinical and Translational Research Unit (CTRU). The latter uses multiple Projection VR and multi-user VR headset systems provided by the former for developing cutting-edge techniques for biomedical imaging and research, to discover new medical therapies and diagnostics to prevent, manage, and cure complex brain disorders, thereby driving the market growth.
Virtual Reality In Healthcare Market Report Highlights:
- Based on component, the hardware segment accounted for a revenue share of nearly 47% in 2024, owing to increasing adoption of VR solutions such as smart glasses and head-mounted displays for medical training, surgeries, diagnostics, simulation, and others
- Based on device, the head-mounted display (HMD) segment accounted for the largest revenue share in 2024, owing to the product application in visualizing complex medical data, such as 3D medical images in an immersive way
- Based on application, the rehabilitation & therapy procedures segment is estimated to record a highest CAGR over the forecast period, as VR offers a controlled and personalized environment to patients. It helps track progress, adjust difficulty levels, and other immediate feedback, thereby driving segmental growth
- Based on end-use, the hospitals & clinics segment accounted for the largest revenue share in 2024, with the increasing prominence of advanced therapeutic and surgical solutions across these healthcare settings
- Asia Pacific is estimated to witness a growth CAGR of over 33% over the forecast period, with increasing investments in healthcare infrastructure, rising demand for innovative medical training solutions, and expansion of telemedicine services across the region.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.2.1. Information analysis
- 1.2.2. Market formulation & data visualization
- 1.2.3. Data validation & publishing
- 1.3. Research Scope and Assumptions
- 1.3.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Virtual Reality in Healthcare Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Deployment Challenge
- 3.3. Virtual Reality in Healthcare Market Analysis Tools
- 3.3.1. Deployment Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
Chapter 4. Virtual Reality in Healthcare Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Virtual Reality in Healthcare Market: Component Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Hardware
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Software
- 4.4.1. Software Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Services
- 4.5.1. Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Virtual Reality in Healthcare Market: Device Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Virtual Reality in Healthcare Market: Device Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Head-Mounted Display (HMD)
- 5.3.1. Head-Mounted Display (HMD) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Gesture-Tracking Device (GTD)
- 5.4.1. Gesture-Tracking Device (GTD) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Projectors & Display Wall (PDW)
- 5.5.1. Projectors & Display Wall (PDW) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Virtual Reality in Healthcare Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Virtual Reality in Healthcare Market: Application Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Pain Management
- 6.3.1. Pain Management Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Education & Training
- 6.4.1. Education & Training Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Surgery
- 6.5.1. Surgery Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Patient Care Management
- 6.6.1. Patient Care Management Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Rehabilitation & Therapy Procedures
- 6.7.1. Rehabilitation & Therapy Procedures Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8. Others
- 6.8.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Virtual Reality in Healthcare Market: Ed-use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Virtual Reality in Healthcare Market: End Use Movement Analysis, 2024 & 2030 (USD Million)
- 7.3. Hospitals & Clinics
- 7.3.1. Hospitals & Clinics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Research Organizations & Pharma Companies
- 7.4.1. Research Organizations & Pharma Companies Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Others
- 7.5.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Regional Estimates & Trend Analysis
- 8.1. Virtual Reality in Healthcare Market by Region, 2024 & 2030
- 8.2. North America
- 8.2.1. North America Virtual Reality in Healthcare Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Mexico Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. UK
- 8.3.2.1. UK Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Germany Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.5. Italy
- 8.3.5.1. Italy Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. China Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.3. Japan
- 8.4.3.1. Japan Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.4. India
- 8.4.4.1. India Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.5. South Korea
- 8.4.5.1. South Korea Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Brazil Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.3. Argentina
- 8.5.3.1. Argentina Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. Middle East and Africa
- 8.6.1. Middle East and Africa Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. Saudi Arabia
- 8.6.2.1. Saudi Arabia Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.3. South Africa
- 8.6.3.1. South Africa Virtual Reality in Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Company Market Positioning
- 9.3. Company Heat Map Analysis
- 9.4. Company Profiles/Listing
- 9.4.1. Google LLC
- 9.4.1.1. Participant's Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Service Benchmarking
- 9.4.1.4. Strategic Initiatives
- 9.4.2. Microsoft
- 9.4.2.1. Participant's Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Service Benchmarking
- 9.4.2.4. Strategic Initiatives
- 9.4.3. Siemens Healthineers AG
- 9.4.3.1. Participant's Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Service Benchmarking
- 9.4.3.4. Strategic Initiatives
- 9.4.4. HTC Corporation
- 9.4.4.1. Participant's Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Service Benchmarking
- 9.4.4.4. Strategic Initiatives
- 9.4.5. Koninklijke Philips N.V.
- 9.4.5.1. Participant's Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Service Benchmarking
- 9.4.5.4. Strategic Initiatives
- 9.4.6. Osso VR, Inc.
- 9.4.6.1. Participant's Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Service Benchmarking
- 9.4.6.4. Strategic Initiatives
- 9.4.7. Augmedix.
- 9.4.7.1. Participant's Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Service Benchmarking
- 9.4.7.4. Strategic Initiatives
- 9.4.8. VirtaMed AG
- 9.4.8.1. Participant's Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Service Benchmarking
- 9.4.8.4. Strategic Initiatives
- 9.4.9. XRHealth Inc.
- 9.4.9.1. Participant's Overview
- 9.4.9.2. Financial Performance
- 9.4.9.3. Service Benchmarking
- 9.4.9.4. Strategic Initiatives
- 9.4.10. Virtually Better Inc.
- 9.4.10.1. Participant's Overview
- 9.4.10.2. Financial Performance
- 9.4.10.3. Service Benchmarking
- 9.4.10.4. Strategic Initiatives
- 9.4.11. CAE Inc.
- 9.4.11.1. Participant's Overview
- 9.4.11.2. Financial Performance
- 9.4.11.3. Service Benchmarking
- 9.4.11.4. Strategic Initiatives
- 9.4.12. Fundamental Surgery
- 9.4.12.1. Participant's Overview
- 9.4.12.2. Financial Performance
- 9.4.12.3. Service Benchmarking
- 9.4.12.4. Strategic Initiatives