AR & VR In Healthcare Market is Supposed to Set a Reliable Double-Digit CAGR of 30.2% During Forecast 2018-2023
Market Highlights: The AR & VR In Healthcare Market is expected to grow at an approximate CAGR of 30.2% during forecast period, 2018–2023. Rising demand to reduce healthcare cost is one of the key factors driving the AR & VR in healthcare market. For instance, with the use of AR navigation system nearly USD 288 million can be saved on minimally-invasive surgical procedures in the US. Various other factors such as rising government funding, high prevalence of chronic diseases, rising adoption of AR and VR in fitness management, increasing penetration of connected devices in the healthcare sector, and rising awareness about VR therapy are also expected to propel the growth of the market. However, concerns regarding data privacy, lack of expertise among medical practitioners, and lack of competence in deployment of the AR and VR solutions can hinder the market growth over the forecast period. Key Players: Some of the key playe...