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
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.
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 healthcaremarket 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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