Global Virtual Reality in Healthcare Market to Hit Sales of $31.51 Billion by 2028 | VR Therapy is Gaining Momentum in Behavioral Health

Westford, USA, Nov. 8, 2022 (GLOBE NEWSWIRE) — Virtual reality is becoming increasingly popular in the healthcare industry as a tool for training, education and simulation. The use of VR headsets allows users to immerse themselves in realistic three-dimensional environments and provides a more engaging and effective learning experience than traditional methods such as textbooks or lectures. The rise in popularity of virtual reality in the health market it is being driven by technological advances that make headphones more affordable and accessible. Additionally, there is a growing body of evidence demonstrating the effectiveness of virtual reality in healthcare applications. A recent study found that surgeons who trained using VR were able to perform procedures significantly faster and with fewer errors than those who did not use VR.

The potential uses of virtual reality in the healthcare market are vast, and the technology continues to evolve rapidly. Some of the most exciting applications include: medical training, patient education, pain management, rehabilitation, and mental health therapies. As the cost of virtual reality technology decreases and its capabilities increase, it is likely that we will see even greater acceptance of virtual reality in healthcare in the coming years.

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Virtual reality is becoming the future of health education

As health education evolves, so does the technology available to support it. One of the most innovative and exciting tools currently being developed is virtual reality (VR). When used for health education, virtual reality can provide learners with immersive and realistic experiences that can help them better understand complex concepts and procedures.

There are a number of potential applications for virtual reality in the healthcare market. For example, virtual reality could be used to train medical students on how to perform delicate surgeries. It could also be used to provide nursing students with a realistic experience in caring for patients. Additionally, virtual reality could be used to educate patients about their conditions and treatments.

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The use of VR in health education has numerous advantages. First, it allows students to gain experience in a safe and controlled environment. Second, it can provide a more immersive and realistic learning experience than traditional educational methods. Finally, virtual reality has the potential to significantly reduce the cost of health education by reducing the need for expensive simulations and models.

Despite its advantages, there are some challenges associated with the use of virtual reality in the healthcare market in the education industry. First of all, virtual reality technology is still relatively new and expensive. Additionally, there is a lack of standardization across VR platforms, making it difficult for educators to develop consistent curricula. Finally, some experts have raised concerns about virtual reality’s potential to desensitize students to violence or gore.

Virtual reality therapy is gaining momentum in behavioral health

Virtual reality therapy provides patients with simulated, immersive environments in which to confront their fears or work through other behavioral issues. VRT is gaining momentum as a treatment for a variety of behavioral health conditions, including post-traumatic stress disorder (PTSD), anxiety disorders, and phobias. As recently as November 2022, Floreo raised $10 million to develop virtual reality therapy in the global healthcare virtual reality market.

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One of the potential benefits of VRT is that it can help patients face their fears in a safe and controlled environment. This can lead to a reduction in symptoms and a better ability to cope with real-world situations. VRT is also becoming more and more affordable as the technology becomes more widely available.

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There are currently a number of different virtual reality platforms available for use in global virtual reality therapy in the healthcare market, including the Oculus Rift, HTC Vive and Samsung Gear VR. Each platform offers its own unique set of features and capabilities. Therapists will need to select the platform that best suits the needs of their patients.

Virtual reality therapy is still in its early stages of development and more research is needed to determine its effectiveness in treating various behavioral health conditions. However, current evidence suggests that VRT has the potential to be a valuable addition to the behavioral health toolkit in the healthcare virtual reality market.

Healthcare Metaverse could offer a $5 billion revenue opportunity

There is no denying that the healthcare metaverse is an emerging trend. according to SkyQuest analysis, it is here to stay. The healthcare metaverse is a virtual world where patients, doctors, and other healthcare professionals can interact with each other in real time. This new form of communication has already begun to revolutionize the way we deliver healthcare. One of the most exciting aspects of the healthcare metaverse is that it gives patients and doctors a sense of community. In the past, patients have often felt isolated from their doctors, but in the healthcare metaverse, they can connect with others who are going through similar experiences. This sense of community can help improve outcomes by providing peer support and guidance in virtual reality in the healthcare market.

The future of healthcare will be on display at the Arab Health exhibition in early 2023 in the United Arab Emirates, with a $5 billion healthcare metaverse set to be revealed. Visitors to the Arab Health exhibition will be able to explore the metaverse and see how new technologies are being used to improve patient care. They will also be able to interact with other visitors and learn about the latest developments in the virtual reality market in healthcare.

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The $5 billion healthcare metaverse is just one of many new initiatives being launched by the Dubai government to position the city as a leading hub for innovation and technology. With its cutting-edge infrastructure and commitment to research and development, Dubai is fast becoming a hotbed for startups and tech companies from around the world.

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Major Players in Global Virtual Reality in Healthcare Market

  • Koninklijke Philips NV (Netherlands)
  • Samsung Electronics Co. Ltd. (South Korea)
  • Reality EON (USA)
  • CAE Healthcare (USA)
  • Oculus Rift (Facebook Inc.) (USA)
  • Medical Realities Ltd. (UK)
  • XRHealth USA Inc. (USA)
  • Psious (Spain)
  • HTC Corporation (Taiwan)
  • Sony Corporation (Japan)

Related reports in the SkyQuest library:

Global 5G infrastructure in the healthcare market

Global Healthcare IT Integration Market

Global telemedicine market

Global Digital Health Market

Global medical/healthcare simulation market

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