Europe virtual reality (VR) health market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 33.5% in the forecast period of 2021 to 2028 and expected to reach USD 7,938.62 million by 2028. Increased preference of VR in the healthcare industry is acting as major factor for the growth of the market.Virtual reality can be defined as a technology that creates simulated environment through the use of computer technology. VR has revolutionized the healthcare industry, Healthcare is one of the biggest adopters of VR, which encompasses robotic surgery, phobia treatment, surgery simulation, skills training, and others and is already being implemented.
The market study and analysis of Europe Virtual Reality (VR) Health Market business report lends a hand to figure out types of consumers, their views about the product, their buying intentions and their ideas for advancement of a product. A number of steps are applied while preparing this report by taking the inputs from a dedicated team of researchers, analysts and forecasters. Top players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies are also re-evaluated in the Europe Virtual Reality (VR) Health Market research report. With this report, a strong organization can be built which can make better decisions for a successful business.
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On the basis of application, the global virtual reality (VR) health market has been segmented into medical training and education, virtual reality exposure therapy, surgery, patient care management, rehabilitation, pain management and others. In 2021, medical training and education is expected to dominate the global virtual reality (VR) health market, owing to wide usage of virtual reality products in medical education, create 3-D learning environment, which further support in enhanced human interactions.
On the basis of therapeutic area, the global virtual reality (VR) health market has been segmented into craniofacial, cardiovascular, ophthalmology, pulmonary, neurological, sleep disorders, phobias, addictions, posttraumatic stress disorder (PTSD) and others. In 2021, posttraumatic stress disorder (PTSD) is expected to dominate the global virtual reality (VR) health market, attributed to increase in use of virtual reality to treat PSTD, with an aim to reduce symptom severity. The major focus is to shift care treatment with a view of virtual environment, which is also less threatening for patients.