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Europe Healthcare Augmented Reality and Virtual Reality Market


Europe Healthcare Augmented Reality and Virtual Reality Market 2022-2032 by Technology (AR, VR), Offering (Hardware, Software, Services), Device Type (AR Devices, VR Devices), Application, End User, and Country: Trend Forecast and Growth Opportunity

Report code: SDMRCO1703103 | Industry: Computers, Electrics & Communications | Published On: 10/31/2023


Europe healthcare augmented reality and virtual reality market was valued at $0.99 billion in 2022 and will grow by 33.4% annually over 2022-2032, driven by the rising adoption of advanced technologies in the healthcare sector, the growing advancement in immersive technologies, the numerous benefits associated with the use of AR & VR, and the rising concern for the prevalence of chronic diseases.
Highlighted with 43 tables and 71 figures, this 148-page report “Europe Healthcare Augmented Reality and Virtual Reality Market 2022-2032 by Technology (AR, VR), Offering (Hardware, Software, Services), Device Type (AR Devices, VR Devices), Application, End User, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe healthcare augmented reality and virtual reality market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe healthcare augmented reality and virtual reality market in every aspect of the classification from perspectives of Technology, Offering, Device Type, Application, End User, and Country.

Based on Technology, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Augmented Reality (AR)
o Marker-based Augmented Reality (Passive Marker and Active Marker)
o Markerless Augmented Reality (Model-based Tracking and Image-based Processing)
o Other Technologies
• Virtual Reality (VR)
o Nonimmersive Technology
o Semi-Immersive Technology
o Fully Immersive Technology

Based on Offering, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Sensors
o Semiconductor Component
o Displays and Projectors
o Position Trackers
o Cameras
o Other Hardware
• Software
o Software Developer Kits
o Imaging Solutions
o Enterprise Solutions
o Content Platforms
o Other Software
• Services
o Cloud Services
o System Integration
o Consulting
o Other Services

By Device Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• AR Devices
o Head-Mounted Display (HMD)
o Head-Up Display (HUD)
o Smart Glasses
o Handheld Devices and Others
• VR Devices
o Head-Mounted Display (HMD)
o Gesture-Tracking Device
o Projector & Display Wall

By Application, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Surgery
• Rehabilitation and Behavioral Neurology
• Pain Management
• Medical Training and Education
• Diagnosis
• Fitness Management
• Pharmacy Management
• Virtual Reality Expose Therapy (VRET)
• Other Applications

By End User, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Academic Institutes
• Hospitals and Clinics
• Research and Diagnostics Laboratories
• Pharma Companies and Research Centers
• Government and Defense Institutions
• Other End Users

Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Netherlands
• Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Technology, Offering, and Application over the forecast years are also included.

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Alphabet Inc.
Artificial Life, Inc.
CAE Healthcare
EON Reality
Facebook
Foursquare Labs, Inc.
GE Healthcare
Hologic, Inc.
HTC
Immersion Corp
Intuitive Surgical Inc.
Medtronic
Microsoft
Orca Health
Philips Healthcare
Samsung
Siemens Healthcare
Simulab Corp
Sony
TheraSim, Inc.
VirtaMed
Vuzix Corp
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

1  Introduction 9
1.1  Industry  Definition  and  Research  Scope 9
1.1.1  Industry  Definition 9
1.1.2  Research  Scope 10
1.2  Research  Methodology 13
1.2.1  Overview  of  Market  Research  Methodology 13
1.2.2  Market  Assumption 14
1.2.3  Secondary  Data 14
1.2.4  Primary  Data 14
1.2.5  Data  Filtration  and  Model  Design 15
1.2.6  Market  Size/Share  Estimation 16
1.2.7  Research  Limitations 17
1.3  Executive  Summary 18
2  Market  Overview  and  Dynamics 21
2.1  Market  Size  and  Forecast 21
2.1.1  Impact  of  COVID-19  on  World  Economy 22
2.1.2  Impact  of  COVID-19  on  the  Market 25
2.1.3  Impact  of  Russia-Ukraine  Conflict:  War  Slows  Economic  Recovery 27
2.2  Major  Growth  Drivers 31
2.3  Market  Restraints  and  Challenges 35
2.4  Emerging  Opportunities  and  Market  Trends 38
2.5  Porter’s  Fiver  Forces  Analysis 42
3  Segmentation  of  Europe  Market  by  Technology 46
3.1  Market  Overview  by  Technology 46
3.2  Augmented  Reality  (AR) 48
3.2.1  Marker-based  AR 49
3.2.2  Markerless  AR 50
3.2.3  Other  Technologies 51
3.3  Virtual  Reality  (VR) 52
3.3.1  Nonimmersive  Technology 53
3.3.2  Semi-Immersive  Technology 54
3.3.3  Fully  Immersive  Technology 55
4  Segmentation  of  Europe  Market  by  Offering 56
4.1  Market  Overview  by  Offering 56
4.2  Hardware 58
4.2.1  Sensors 60
4.2.2  Semiconductor  Component 61
4.2.3  Displays  and  Projectors 62
4.2.4  Position  Trackers 63
4.2.5  Cameras 64
4.2.6  Other  Hardware 65
4.3  Software 66
4.4  Services 68
5  Segmentation  of  Europe  Market  by  Device  Type 70
5.1  Market  Overview  by  Device  Type 70
5.2  AR  Devices 72
5.2.1  Head-Mounted  Display  (HMD) 74
5.2.2  Head-Up  Display  (HUD) 75
5.2.3  Smart  Glasses 76
5.2.4  Handheld  Devices  and  Others 77
5.3  VR  Devices 78
5.3.1  Head-Mounted  Display  (HMD) 80
5.3.2  Gesture-Tracking  Device 81
5.3.3  Projector  &  Display  Wall 82
6  Segmentation  of  Europe  Market  by  Application 83
6.1  Market  Overview  by  Application 83
6.2  Surgery 85
6.3  Rehabilitation  and  Behavioral  Neurology 86
6.4  Pain  Management 87
6.5  Medical  Training  and  Education 88
6.6  Diagnosis 89
6.7  Fitness  Management 90
6.8  Pharmacy  Management 91
6.9  Virtual  Reality  Expose  Therapy  (VRET) 92
6.10  Other  Applications 93
7  Segmentation  of  Europe  Market  by  End  User 94
7.1  Market  Overview  by  End  User 94
7.2  Academic  Institutes 96
7.3  Hospitals  and  Clinics 97
7.4  Research  and  Diagnostics  Laboratories 98
7.5  Pharma  Companies  and  Research  Centers 99
7.6  Government  and  Defense  Institutions 100
7.7  Other  End  Users 101
8  European  Market  2022-2032  by  Country 102
8.1  Overview  of  European  Market 102
8.2  Germany 105
8.3  U.K. 107
8.4  France 110
8.5  Spain 112
8.6  Italy 114
8.7  Netherlands 116
8.8  Rest  of  European  Market 118
9  Competitive  Landscape 120
9.1  Overview  of  Key  Vendors 120
9.2  New  Product  Launch,  Partnership,  Investment,  and  M&A 123
9.3  Company  Profiles 124
Alphabet  Inc. 124
Artificial  Life,  Inc. 127
CAE  Healthcare 128
EON  Reality 129
Facebook 130
Foursquare  Labs,  Inc. 131
GE  Healthcare 132
Hologic,  Inc. 133
HTC 134
Immersion  Corp 135
Intuitive  Surgical  Inc. 136
Medtronic 137
Microsoft 138
Orca  Health 139
Philips  Healthcare 140
Samsung 141
Siemens  Healthcare 142
Simulab  Corp 143
Sony 144
TheraSim,  Inc. 145
VirtaMed 146
Vuzix  Corp 147
RELATED  REPORTS 148
List of Tables:

Table 1. Snapshot of Europe Healthcare Augmented Reality and Virtual Reality Market in Balanced Perspective, 2022-2032 19
Table 2. World Economic Outlook, 2021-2031 23
Table 3. World Economic Outlook, 2021-2023 24
Table 4. Scenarios for Economic Impact of Ukraine Crisis 28
Table 5. World Health Spending by Region, $ bn, 2013-2020 34
Table 6. Main Product Trends and Market Opportunities in Europe Healthcare Augmented Reality and Virtual Reality Market 38
Table 7. Europe Healthcare Augmented Reality and Virtual Reality Market by Technology, 2022-2032, $ mn 46
Table 8. Europe Healthcare Augmented Reality Market by Technology, 2022-2032, $ mn 48
Table 9. Europe Healthcare Augmented Reality Market: Marker-based AR by Type, 2022-2032, $ mn 49
Table 10. Europe Healthcare Augmented Reality Market: Markerless AR by Type, 2022-2032, $ mn 50
Table 11. Europe Healthcare Virtual Reality Market by Technology, 2022-2032, $ mn 52
Table 12. Europe Healthcare Augmented Reality and Virtual Reality Market by Offering, 2022-2032, $ mn 56
Table 13. Europe Healthcare Augmented Reality and Virtual Reality Market: Hardware by Type, 2022-2032, $ mn 59
Table 14. Europe Healthcare Augmented Reality and Virtual Reality Market: Software by Type, 2022-2032, $ mn 67
Table 15. Europe Healthcare Augmented Reality and Virtual Reality Market: Service by Type, 2022-2032, $ mn 69
Table 16. Europe Healthcare Augmented Reality and Virtual Reality Market by Device Type, 2022-2032, $ mn 70
Table 17. Europe Healthcare Augmented Reality Market by Device, 2022-2032, $ mn 73
Table 18. Europe Healthcare Virtual Reality Market by Device, 2022-2032, $ mn 79
Table 19. Europe Healthcare Augmented Reality and Virtual Reality Market by Application, 2022-2032, $ mn 83
Table 20. Europe Healthcare Augmented Reality and Virtual Reality Market by End User, 2022-2032, $ mn 94
Table 21. Europe Healthcare Augmented Reality and Virtual Reality Market by Country, 2022-2032, $ mn 104
Table 22. Germany Healthcare Augmented Reality and Virtual Reality Market by Technology, 2022-2032, $ mn 106
Table 23. Germany Healthcare Augmented Reality and Virtual Reality Market by Offering, 2022-2032, $ mn 106
Table 24. Germany Healthcare Augmented Reality and Virtual Reality Market by Application, 2022-2032, $ mn 106
Table 25. U.K. Healthcare Augmented Reality and Virtual Reality Market by Technology, 2022-2032, $ mn 109
Table 26. U.K. Healthcare Augmented Reality and Virtual Reality Market by Offering, 2022-2032, $ mn 109
Table 27. U.K. Healthcare Augmented Reality and Virtual Reality Market by Application, 2022-2032, $ mn 109
Table 28. France Healthcare Augmented Reality and Virtual Reality Market by Technology, 2022-2032, $ mn 111
Table 29. France Healthcare Augmented Reality and Virtual Reality Market by Offering, 2022-2032, $ mn 111
Table 30. France Healthcare Augmented Reality and Virtual Reality Market by Application, 2022-2032, $ mn 111
Table 31. Spain Healthcare Augmented Reality and Virtual Reality Market by Technology, 2022-2032, $ mn 113
Table 32. Spain Healthcare Augmented Reality and Virtual Reality Market by Offering, 2022-2032, $ mn 113
Table 33. Spain Healthcare Augmented Reality and Virtual Reality Market by Application, 2022-2032, $ mn 113
Table 34. Italy Healthcare Augmented Reality and Virtual Reality Market by Technology, 2022-2032, $ mn 115
Table 35. Italy Healthcare Augmented Reality and Virtual Reality Market by Offering, 2022-2032, $ mn 115
Table 36. Italy Healthcare Augmented Reality and Virtual Reality Market by Application, 2022-2032, $ mn 115
Table 37. Netherlands Healthcare Augmented Reality and Virtual Reality Market by Technology, 2022-2032, $ mn 117
Table 38. Netherlands Healthcare Augmented Reality and Virtual Reality Market by Offering, 2022-2032, $ mn 117
Table 39. Netherlands Healthcare Augmented Reality and Virtual Reality Market by Application, 2022-2032, $ mn 117
Table 40. Healthcare Augmented Reality and Virtual Reality Market in Rest of Europe by Country, 2022-2032, $ mn 119
Table 41. Alphabet Inc.: Company Snapshot 124
Table 42. Alphabet Inc.: Business Segmentation 125
Table 43. Alphabet Inc.: Product Portfolio 125
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