DUBLIN--(BUSINESS WIRE)--The "Augmented Reality & Virtual Reality in Healthcare Market - Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The Augmented Reality and Virtual Reality market was valued at $543.23 million in 2017 and is projected to grow to $1467.83 million by 2023, at a CAGR of 18.02%.

The major drivers for Augmented Realty and Virtual Reality in the healthcare market are the increasing demand for robotic surgeries instead of by-pass surgeries. Rising demand for cardiovascular surgeries is another major driver. The recovery time with these technologies is much less compared to other surgeries. The improvement in the skills of trainees by learning surgical procedures using this technology is also a driver for Augmented and Virtual reality in the medical field.

The major challenge for Augmented Realty and Virtual Reality in the healthcare market is the lack of visualizing the depth, where there is a chance of making mistakes in the surgeries. The other challenge is the strain that is caused to eyes due to watching screens continuously for longer durations. The low battery capacity, that is the battery lasts only for five hours where the battery has to be charged again, when the surgery takes a long time which is also a challenge in this market. The other major challenge is the equipment cost which is very high.

The base year of this study is 2017, with forecasts up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.

Some of the Key players in this market that have been studied for this report include: CAE Health Care, Intuitive Surgical, Hologic Inc., Philips Health care, Microsoft, Siemens Health Care, Atheer, Augmedix and many more.

Market Research and Market Trends of Augmented Realty and Virtual Reality in the Healthcare Market

Key Topics Covered:

1. Augmented Realty and Virtual Reality in Healthcare Market - Overview

2. Augmented Realty and Virtual Reality in Healthcare Market - Executive summary

3. Augmented Realty and Virtual Reality in Healthcare Market - Comparative Analysis

4. Augmented Realty and Virtual Reality in Healthcare Market - Forces

5. Augmented Realty and Virtual Reality in Healthcare Market - Strategic analysis

6. Augmented Realty and Virtual Reality in Healthcare Market - By Build-up system (Market Size -$Million / $Billion)

7. Augmented Realty and Virtual Reality in Healthcare Market - By Type (Market Size -$Million / $Billion)

8. Augmented Realty and Virtual Reality in Healthcare Market - By Application (Market Size -$Million / $Billion)

9. Augmented Realty and Virtual Reality in Healthcare Market - By End-user industry (Market Size -$Million / $Billion)

10. Augmented Realty and Virtual Reality in Healthcare Market - By Geography (Market Size -$Million / $Billion)

11. Augmented Realty and Virtual Reality in Healthcare Market - Entropy

12. Company Analysis

13. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/agzw8

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Global Outlook for Augmented Reality & Virtual Reality in the Healthcare Market 2020-2025 - ResearchAndMarkets.com - Business Wire