Augmented Reality (AR) in Healthcare Market Trends, Analysis: Revenue Share Insights by 2031

The global augmented reality (AR) in healthcare market is anticipated to grow at a CAGR of 24.8% during the forecast period. The innovative product launches by key market players to meet the crucial medical demands is a key factor driving the growth of the global AR in healthcare market. For instance, in July 2022, Enovis has produced and launched a wearable AR device, ARVIS for orthopedic surgeries. The device is more specifically customized towards knee and hip replacements. ARVIS is an independent surgical guidance device that can be controlled by surgeons and attached to the wearer’s head to make sure it does not interfere with the operation. This product shows real-time AR visualization and instructions to help surgeons place and align implants with precision. 

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Further, in March 2022, Pixee Medical, a pioneer in augmented surgical guidance technology, has announced that its Knee+ AR computer-assisted orthopedic solution is going to be commercially available in the USA with a perfect fit for Ambulatory Surgical Centers (ASCs) need. Knee+ is a patented platform designed to help orthopedic surgeons perform surgery through the real-time 3D positioning of instruments, right in their field of view. Knee+ is intuitive and consists of proprietary software using a unique proprietary tracking system running on off-the-shelf smart glasses, with no bulky capital equipment or disposables required. Such developments are anticipated to drive the market growth of AR in healthcare market. 

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Market Coverage

• Segment Covered- 

o             By Technology

o             By Application

o             By End-User 

• Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

• Competitive Landscape- including Siemens Healthineers, Koninklijke Philips N.V., AccuVein Inc., Vuzix Corp., and Augmented Pixels Inc. among others 

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Augmented Reality (AR) in Healthcare Market Report Segment

By Technology

• Head Mounted Devices
• Handheld Devices

By Applications 

• Surgical Application
• Rehabilitation
• Training & Medical Education

By End-User

• Hospitals and Clinics
• Research Laboratories
• Others

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
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