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Worldwide Augmented Reality in Healthcare Industry to 2025 - Major Players and Strategy AnalysisDUBLIN, Sept. 2, 2020 /PRNewswire/ -- The "Augmented Reality (AR) in Healthcare Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering. AR in healthcare market is witnessing a big boost with a high expected CAGR of 31.63% and market value expected to rise from US$779.994 million in 2019 to US$4,057.144 million in 2025. Augmented Reality (AR) and Virtual Reality (VR) technologies are gaining significant traction among healthcare experts owing to their numerous applications that range from assessment of surgical preparation to minimally invasive surgery and rehabilitation. By product offering software segment is anticipated to grow significantly during the forecast period. Augmented reality software assists physicians in imaging, diagnoses, management of medical records, in-patient care, lifestyle management, and precision medicine. Not only it assists in making a better treatment plan but it also provides physicians all the information needed to make a better decision for the patients by diagnosing the life-threatening diseases such as cancer at the early stages. Using software surgeons can visualize bones, muscles, and internal organs without even having to cut open a body. Virtual assistance due to the increasing usage of smartphones and devices along with the increasing number of players such as Siemens Healthineers, Philips Healthcare, and Microsoft are responsible for an increase in the software offered by the healthcare augmented reality market. In addition, today healthcare mobile apps are also using AR to give their users better experience and to improve efficiency and results. Doctors, patients, nurses, and trainees are benefitted from AR-based healthcare apps which is completely changing the everyday medicine and healthcare services for both patients and doctors. Geographically North America is expected to hold a significant share in the market Geographically, North America is holding significant share owing to the early adoption of technology and the presence of major market players in the region. In addition, growing technological advancement in information technology coupled with the extensive R&D activities in the United States is also expected to propel the growth opportunities in the region in the coming years. Besides, Asia Pacific is predicted to register exponential growth over the forecast period. Factors such as growing healthcare expenditure and favorable government initiatives to attract foreign investment in the healthcare sector are further boosting the growth of the market in the region. Key Topics Covered: 1. Introduction 1.1. Market Definition 1.2. Market Segmentation 2. Research Methodology 2.1. Research Data 2.2. Assumptions 3. Executive Summary 3.1. Research Highlights 4. Market Dynamics 4.1. Market Drivers 4.2. Market Restraints 4.3. Porters Five Forces Analysis 4.3.1. Bargaining Power of Suppliers 4.3.2. Bargaining Power of Buyers 4.3.3. Threat of New Entrants 4.3.4. Threat of Substitutes 4.3.5. Competitive Rivalry in the Industry 4.4. Industry Value Chain Analysis 5. Augmented Reality (AR) in Healthcare Market Analysis, By Product 5.1. Introduction 5.2. Hardware 5.2.1. Sensors 5.2.2. Displays and projectors 5.2.3. Position trackers 5.2.4. Others 5.3. Software 6. Augmented Reality (AR) in Healthcare Market Analysis, By Device Type 6.1. Introduction 6.2. Head-mounted displays 6.3. Handheld devices 6.4. Others 7. Augmented Reality (AR) in Healthcare Market Analysis, By End-User 7.1. Introduction 7.2. Hospitals and Clinics 7.3. Research Laboratories 7.4. Others 8. Augmented Reality (AR) in Healthcare Market Analysis, By Geography 8.1. Introduction 8.2. North America 8.2.1. United States 8.2.2. Canada 8.2.3. Mexico 8.3. South America 8.3.1. Brazil 8.3.2. Others 8.4. Europe 8.4.1. UK 8.4.2. Germany 8.4.3. France 8.4.4. Spain 8.4.5. Italy 8.4.6. Others 8.5. Middle East and Africa 8.5.1. Israel 8.5.2. Saudi Arabia 8.5.3. Others 8.6. Asia Pacific 8.6.1. Japan 8.6.2. China 8.6.3. India 8.6.4. South Korea 8.6.5. Others 9. Competitive Environment and Analysis 9.1. Major Players and Strategy Analysis 9.2. Emerging Players and Market Lucrativeness 9.3. Mergers, Acquisitions, Agreements, and Collaborations 9.4. Vendor Competitiveness Matrix 10. Company Profiles 10.1. Microsoft Corporation 10.2. Oculus VR 10.3. Philips Healthcare 10.4. Medsights Tech Corp. 10.5. VirtaMed 10.6. Siemens Healthineers 10.7. Fundamental VR 10.8. Medical Realities 10.9. Surgical Theatre, LLC For more information about this report visit https://www.researchandmarkets.com/r/wmqnyl Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/worldwide-augmented-reality-in-healthcare-industry-to-2025---major-players-and-strategy-analysis-301123220.html SOURCE Research and Markets |