Healthcare IT Today December 4, 2019
Anne Zieger

Healthcare uses of virtual reality technology worldwide should mushroom over the next several years, generating more than $30 billion within seven years, a research firm predicts. (I don’t know about you, but that number was much higher than I would have expected!)

According to Fortune Business Insights, the healthcare VR market stood at $1.56 billion in 2018 and climb to $30.4 billion by 2026, which represents a brisk compound annual growth rate of 42.4%. Among the key use cases driving this expansion include pain management, patient care management, rehab/therapy and treatment of PTSD.

Researchers said one of the reasons healthcare VR use should expand substantially is the inclusion of VR capabilities in wearables devices, which could eventually allow physicians to...

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Topics: Digital Health, Market Research, Metaverse/VR, Patient / Consumer, Provider, Technology, Trends
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