Malaysia Metaverse Market Intelligence Report 2023: The market is expected to grow at 39.6% and reach US$2.278 billion in 2023

DUBLIN, May 22, 2023 /PRNewswire/ — Tue “Metaverse in Healthcare Market by Component (Hardware, Services, Software), Technology (AR/VR, MR, AI, Blockchain, IoT), Application (Telehealth, Diagnostics, Medical Education & Training), End User (Providers, Patients, Payers). , Pharma) – Global Forecast to 2028” Report has been added Offer.

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The global metaverse in healthcare market is expected to increase $79.6 billion until 2028 $9.5 billion in 2023, at a CAGR of 52.9% over the forecast period. There is a growing trend toward metaverse healthcare technologies North America. The increasing popularity of virtual and augmented reality (VR/AR) technologies used in various healthcare applications including surgical training, pain management and therapy is contributing to the growth of the market in this region.

Additionally, the COVID-19 pandemic has accelerated the adoption of telehealth services, creating a need for more immersive and engaging virtual experiences for patients and healthcare providers. The metaverse can provide a virtual environment that simulates real-world interactions, allowing patients and healthcare professionals to communicate and collaborate more naturally and intuitively.

The software segment is expected to be the largest segment in the healthcare market metaverse.

Based on the components, the software segment is projected to be the largest segment during the forecast period. This share is due to factors such as the potential for customization and personalization. Healthcare professionals and patients can use software to create and access virtual environments tailored to their specific needs, preferences, and medical conditions. This makes AR platforms increasingly suitable for performing complex surgical procedures, which leads to higher precision and flexibility as well as investments in the software segment.

Healthcare providers was the largest segment of end-user of the healthcare market metaverse in 2022.

The healthcare provider segment is forecast to grow at the highest growth rate in the entire healthcare market metaverse in 2022. The high growth is due to the increasing need for an efficient healthcare system, growing patient volumes, increasing number of hospitals and outpatient care centers, growth in telehealth and increasing adoption of Metaverse technology in healthcare.

APAC will witness the highest growth rate during the forecast period.

The Asia Pacific The market is expected to grow at the highest CAGR during the forecast period. Market growth in APAC region is mainly driven by factors attributed to growing medical tourism industry, rising prevalence of lifestyle and chronic diseases, and increasing adoption of metaverse technologies. Asia Pacific The market offers lucrative growth opportunities for market participants mainly due to the growing government initiatives and the increasing prevalence of lifestyle disorders. Growth in these markets is likely to be focused on China, South KoreaAnd Japan. This is mainly due to the increasing need for advanced healthcare technology to track and monitor the huge volume of patients, and the increasing demand for quality healthcare at low cost is driving the growth of this market.

market dynamics


  • Increasing acceptance of mixed reality for performing minimally invasive surgeries

  • Applications of Metaverse in telemedicine

  • Increasing use of digital twins

  • Increasing importance of blockchain technology in healthcare




Main topics covered:

1 Introduction

2 research methodology

3 Summary

4 premium insights

5 Market Overview

6 Industry Insights

7 Metaverse in Healthcare Market, by Component
7.1 Introduction
7.2 Software
7.2.1 Increasing investment in Ar/Vr technology in healthcare to drive growth
7.3 Hardware
7.3.1 AR Devices
7.3.2 VR Devices
7.3.3 MR Devices
7.3.4 Advertisements
7.4 Services
7.4.1 Services help improve patient care, improve medical education and training, and enable remote healthcare

8 metaverses in the healthcare market, by technology
8.1 Introduction
8.2 Augmented and Virtual Reality
8.2.1 Increasing Demand for Healthcare Ar/Vr Applications to Drive Growth
8.3 Mixed Reality
8.3.1 Raising awareness of digital/virtual medicine to drive growth
8.4 Artificial Intelligence
8.4.1 Wide availability of complex datasets to drive growth
8.5 Blockchain
8.5.1 Increasing need to reduce the cost of secure data sharing to fuel growth
8.6 Digital Twin
8.6.1 Increasing Adoption Of Digitalization In Healthcare To Drive Market Growth
8.7 Internet of Things
8.7.1 Advances in Healthcare and Widespread Acceptance of Remote Care as Growth Drivers
8.8 Medical Wearables
8.8.1 Increased focus on fitness and health to support growth

9 Metaverses in the Healthcare Market, by Application
9.1 Introduction
9.2 Digital Therapeutics
9.2.1 Rising incidence of preventable chronic diseases drives growth
9.3 Medical diagnostics
9.3.1 The Metaverse environment may provide enhanced medical diagnostics
9.4 Medical Education and Surgical Education
9.4.1 Metaverse adds new dimensions to medical education and surgical education
9.5 Telehealth and Telemedicine
9.5.1 Increasing geriatric population is projected to drive the market growth
9.6 Drug Research and Personalized Medicine
9.6.1 Metaverse is designed to help reduce the time and cost of drug research
9.7 Other Applications

10 metaverses in the healthcare market, by end-users
10.1 Introduction
10.2 Healthcare Providers
10.2.1 Increasing need to improve profitability of healthcare operations to fuel growth
10.3 Healthcare Payers
10.3.1 Increased focus on outcome-based payment models to drive demand
10.4 Pharmaceutical, biopharmaceutical and medical device companies
10.4.1 Improved clinical trials and better collaboration and communication to drive growth
10.5 patients
10.5.1 Improved Access to Healthcare and Improved Patient Outcomes to Support Market Growth
10.6 Other End Users

11 Metaverse in Healthcare Market, by Regions

12 competitive landscape

13 company profiles

14 Appendix

Mentioned companies

  • 8Chili, Inc.

  • Accuvein, Inc.

  • Augmedics

  • Bioflightvr

  • Brainlab Ag

  • CAE Inc.

  • CMR surgery

  • aeon reality

  • GE Healthcare

  • Google

  • Immersivetouch, Inc.

  • Intuitive Surgical, Inc.

  • Royal Philips NV

  • Medtronic plc

  • merative

  • Microsoft

  • mind maze

  • Novarad Corporation

  • Nvidia Corporation

  • Oculus (meta platforms)

  • Ooodles Technologies

  • Siemens Healthineers Ag

  • Wipro

  • Worldviz, Inc.

  • Xrhealth

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