The Healthcare industry is making great strides forward through the use of VR and AR technology.

End Market Overview:

The Healthcare industry is home to some of the most exciting developments in virtual and augmented reality, not only from a technological standpoint but also from a humanitarian perspective.  Both doctors and patients alike are already feeling some of the benefits of this burgeoning technology.

The immediate effect VR and AR have on healthcare can be seen with an improvement in work processes, with wearable technology providing vital information instantaneously to doctors and physicians, reducing wait times and error rates.  Augmedix, Vital Enterprises, and Virtalis are just a few examples of Enterprise Platform Developers who are building tools to train and aid doctors before, after, and during critical medical procedures.

Patients are also benefiting from the technology, with groundbreaking rehabilitation techniques in the field of mental health (Psious) and neurology (Mindmaze) as examples of the medical potential.

Sample Use Cases:

Training – Virtual Reality has already been used to develop training exercises in the field of veterinary medicine, as well as for emergency personnel to simulate high-pressure environments – reducing errors, and improving overall medical knowledge transfer.

Education – VR and AR technology has the potential to improve medical and healthcare education through its immersive characteristics. Microsoft HoloLens has shown early promise as a platform for medical education because of its ability to portray realistic and interactive 3D figures.

Procedural – Augmented Reality, and particularly non-intrusive wearables, are already providing vital information to surgeons and doctors, both pre- and post-procedure, and most importantly doing so seamlessly with medical professionals. 

Rehab – VR technology has significant potential to help patients rehabilitate from brain and related injuries. For instance, MindMaze‘s technology is being used in hospitals to help stroke victims recover the use of limbs through a virtual re-training of the brain.

Therapy – VR technology is already being used to help treat anxiety disorders. In conjunction with a therapist or other professional, VR technology can help patients overcome anxieties such as a fear of flying. Psious is an early leader in this space.

Major VR & AR Players:

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