Technological Advancements Expected to Drive Virtual Reality Growth in Healthcare

Increasing demand for innovative diagnostic techniques, neurological disorders and increasing disease awareness are expected to drive growth of virtual reality (VR) in the healthcare market over the next several years, according to new research from Reports and Data. The report projects the market will reach a value of $6.91 billion by 2026. Advancements in the field of information technology (IT), including laptop, computer, internet connectivity and mobile applications will also be a significant factor stimulating market demand. Due to the constant technological advancement of related products, prevalence of neurological and psychological disorders, and presence of a sophisticated healthcare infrastructure, the North America region accounted for the highest market share in 2018 at 44.21 percent.