Global Augmented Reality (AR) and Virtual Reality (VR) Market in
Global Augmented Reality (AR) and Virtual Reality (VR) Market in Healthcare Market to Reach $11.14 Billion by 2025
FREMONT, California, April 12, 2019 — (PRNewswire) — According to the new market intelligence report by BIS Research, titled " Global Augmented Reality (AR) and Virtual Reality (VR) Market in Healthcare - Analysis and Forecast, 2019-2025", the global AR and VR in healthcare market generated $1.08 billion in 2018, and is estimated to grow over $11.14 billion by 2025, growing at a CAGR of 39.52% between 2019 and 2025. This growth of the market is primarily driven by the increasing need for AR-based surgeries. Consequently, software is the largest sub-segment of the global AR and VR in the healthcare market, due to an increasing requirement by the surgeons for better visualization of 3D anatomical structures for enhanced and precise surgeries.
The growth of global AR and VR market in the healthcare industry has been dependent on their increasing application for better patient experience, therapeutics, training of medical students, and advanced medical procedures. AR applications are compatible across various platforms...