Market Research Report
Asia Pacific VR in Healthcare Market Forecast 2019-2028
|Published by||Inkwood Research||Product code||943459|
|Published||Content info||128 Pages
Delivery time: 2-3 business days
|Asia Pacific VR in Healthcare Market Forecast 2019-2028|
|Published: June 21, 2020||Content info: 128 Pages||
The Asia Pacific VR in healthcare market is predicted to record a CAGR of 21.40% during the projected period, 2019-2028. The region offers rewarding prospects for market growth due to the introduction of various measures to promote the growth of the VR industry in healthcare.
Japan, India, Vietnam, Australia & New Zealand, Thailand, South Korea, China, Indonesia, and the rest of Asia Pacific, are analyzed for the assessment of the Asia Pacific VR in healthcare market growth. In Indonesia, the elderly population is expected to grow by more than 40% by 2025. The development in medical technology will help to strengthen the medical infrastructure, and benefit the market. In countries like Thailand, 60% of the population will be 60 years or older by 2021. Thailand is recognized as one of the world's most high quality and affordable care. Medical services in Thailand save a patient 50% to 75% on medical expenses they have incurred for similar services in the United States.
In Vietnam, healthcare expenditure represents 7.5% of the country's GDP. Economic growth and demographic changes are directing demand for healthcare services. The country represents potentially large healthcare and medical equipment market. In countries like Australia, there is a high demand for high-end medical equipment. Australian specialists are looking forward to VR to change healthcare to meet advanced requirements. The market growth is driven by technological innovation introduced in MRI, CT, and therapeutic scans to give high quality output. In New Zealand, the high quality and heavily subsidized healthcare are driving the market towards advanced healthcare technology. In the rest of Asia Pacific countries, the developing countries are improving their healthcare infrastructure as per their capacity.
Some of the well-established players operating in the market are Siemens, Sony Corporation, Microsoft Corporation, General Electric, Alphabet Inc (Google), etc.
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