Market Overview:
The global healthcare head mounted display market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced technology in the medical sector and rising awareness about head mounted displays among healthcare professionals. Based on type, the global healthcare head mounted display market is segmented into helmet mounted displays and eye wear displays. The helmet mounted display segment is expected to account for a larger share of the market in 2018 owing to its growing popularity among surgeons for performing surgeries. However, the eye wear display segment is projected to grow at a higher CAGR during the forecast period as it offers several advantages such as hands-free operation and better situational awareness than helmet-mounted displays. Based on application, the global healthcare head mounted display market is divided into surgery, training, and others (diagnostics/treatment planning).
Product Definition:
A healthcare head mounted display is a device that is worn on the head and is used to provide information to the wearer. This information can include anything from images of the wearer's surroundings to data about their health. The importance of healthcare head mounted displays lies in their ability to provide wearers with information that they would not be able to access otherwise. For example, they can allow physicians or surgeons to see what a patient sees during surgery, which can help them make better decisions. Additionally, they can be used by patients themselves in order to keep track of their own health or even consult with doctors remotely.
Helmet Mounted Display:
Helmet Mounted Display (HMD) is a device that displays information in the form of video, text or graphic on the transparent visor which is mounted on the rider's helmet. The display unit can be connected to a computer as well as to other devices such as Global Positioning System (GPS) and Global Navigation Satellite System (GNSS). HMDs are used by military personnel for enhanced viewing experience while operating in dangerous areas along with search & rescue operations.
Eye Wear Display:
The eye wear display is a part of HMD that allows the user to see the screen in front of them while using their hands and other body parts to interact with it. The healthcare head-mounted display market is expected to witness significant growth over the forecast period owing to increasing demand for telemedicine, rising geriatric population base, and growing awareness regarding virtual visits.
Application Insights:
Based on application, the global healthcare HMD market has been segmented into surgery, training and others. The surgery segment dominated the overall market in terms of revenue in 2017. This can be attributed to an increase in demand for minimally invasive surgeries with advanced equipment such as HMDs that provide real-time visualization for surgeons. Furthermore, rising adoption of these devices during cardiac and neurosurgeries is expected to drive growth over the forecast period.
The training application segment is anticipated to witness significant growth over the forecast period owing to an increase in demand for medical education coupled with technological advancements that have led to a reduction in cost associated with its usage.
Regional Analysis:
North America dominated the global healthcare HMD market in 2017. The presence of major players, favorable reimbursement policies, and increasing adoption of head mounted displays for training purposes are some factors expected to drive the regional demand over the forecast period. Europe accounted for a significant share in terms of revenue due to growing investments by companies such as Google and Microsoft Corporation in developing eye-wear based HMDs.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising product development initiatives undertaken by key industry participants along with increasing government spending on healthcare infrastructure is expected drive regional demand during the forecast period. Japan has been observed making considerable investments towards R&D activities relatedto medical devices & systems which includes HMDs thus contributing significantly towards regional growth rate over past few years (Yoshida et al., 2016).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global healthcare head mounted display market is expected to grow at a CAGR of over 16% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which is resulting in the need for better visualization and magnification capabilities.
- Growing popularity of head-mounted displays in medical education: Head-mounted displays are increasingly being used in medical education to provide a more immersive learning experience. This is helping to train new surgeons and other healthcare professionals on how to use these devices safely and effectively.
- Rising number of surgical procedures using head-mounted displays: The number of surgical procedures that make use of head-mounted displays is growing rapidly, as these devices offer several advantages over traditional methods such as improved visualization, magnification, and precision accuracy.
- Advances in technology leading to better quality HMDs: Rapid advances in technology are resulting in the development of better quality HMDs with enhanced features such as augmented reality (AR), virtual reality (VR), 3D imaging, etc., which are attracting more consumers towards this market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Healthcare Head Mounted Display Market Research Report
By Type
Helmet Mounted Display, Eye Wear Display
By Application
Surgery, Training, Others
By Companies
Vuzix Corporation, Kopin Corporation, Beyeonics, Epson, Japan Display, Sony, Cinoptics, IMV Imaging, JINS, Evana Medical, Vuzix Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Healthcare Head Mounted Display Market Report Segments:
The global Healthcare Head Mounted Display market is segmented on the basis of:
Types
Helmet Mounted Display, Eye Wear Display
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Surgery, Training, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vuzix Corporation
- Kopin Corporation
- Beyeonics
- Epson
- Japan Display
- Sony
- Cinoptics
- IMV Imaging
- JINS
- Evana Medical
- Vuzix Corporation
Highlights of The Healthcare Head Mounted Display Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Helmet Mounted Display
- Eye Wear Display
- By Application:
- Surgery
- Training
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Healthcare Head Mounted Display Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A healthcare head mounted display (HMD) is a wearable device that projects digital content directly into the user's field of view, allowing for enhanced communication and navigation. HMDs are often used in medical settings to provide patients with detailed information about their health condition or treatment plan.
Some of the key players operating in the healthcare head mounted display market are Vuzix Corporation, Kopin Corporation, Beyeonics, Epson, Japan Display, Sony, Cinoptics, IMV Imaging, JINS, Evana Medical, Vuzix Corporation.
The healthcare head mounted display market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Healthcare Head Mounted Display Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Healthcare Head Mounted Display Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Healthcare Head Mounted Display Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Healthcare Head Mounted Display Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Healthcare Head Mounted Display Market Size & Forecast, 2018-2028
4.5.1 Healthcare Head Mounted Display Market Size and Y-o-Y Growth
4.5.2 Healthcare Head Mounted Display Market Absolute $ Opportunity
Chapter 5 Global Healthcare Head Mounted Display Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Healthcare Head Mounted Display Market Size Forecast by Type
5.2.1 Helmet Mounted Display
5.2.2 Eye Wear Display
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Healthcare Head Mounted Display Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Healthcare Head Mounted Display Market Size Forecast by Applications
6.2.1 Surgery
6.2.2 Training
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Healthcare Head Mounted Display Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Healthcare Head Mounted Display Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Healthcare Head Mounted Display Analysis and Forecast
9.1 Introduction
9.2 North America Healthcare Head Mounted Display Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Healthcare Head Mounted Display Market Size Forecast by Type
9.6.1 Helmet Mounted Display
9.6.2 Eye Wear Display
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Healthcare Head Mounted Display Market Size Forecast by Applications
9.10.1 Surgery
9.10.2 Training
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Healthcare Head Mounted Display Analysis and Forecast
10.1 Introduction
10.2 Europe Healthcare Head Mounted Display Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Healthcare Head Mounted Display Market Size Forecast by Type
10.6.1 Helmet Mounted Display
10.6.2 Eye Wear Display
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Healthcare Head Mounted Display Market Size Forecast by Applications
10.10.1 Surgery
10.10.2 Training
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Healthcare Head Mounted Display Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Healthcare Head Mounted Display Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Healthcare Head Mounted Display Market Size Forecast by Type
11.6.1 Helmet Mounted Display
11.6.2 Eye Wear Display
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Healthcare Head Mounted Display Market Size Forecast by Applications
11.10.1 Surgery
11.10.2 Training
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Healthcare Head Mounted Display Analysis and Forecast
12.1 Introduction
12.2 Latin America Healthcare Head Mounted Display Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Healthcare Head Mounted Display Market Size Forecast by Type
12.6.1 Helmet Mounted Display
12.6.2 Eye Wear Display
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Healthcare Head Mounted Display Market Size Forecast by Applications
12.10.1 Surgery
12.10.2 Training
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Healthcare Head Mounted Display Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Healthcare Head Mounted Display Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Healthcare Head Mounted Display Market Size Forecast by Type
13.6.1 Helmet Mounted Display
13.6.2 Eye Wear Display
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Healthcare Head Mounted Display Market Size Forecast by Applications
13.10.1 Surgery
13.10.2 Training
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Healthcare Head Mounted Display Market: Competitive Dashboard
14.2 Global Healthcare Head Mounted Display Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vuzix Corporation
14.3.2 Kopin Corporation
14.3.3 Beyeonics
14.3.4 Epson
14.3.5 Japan Display
14.3.6 Sony
14.3.7 Cinoptics
14.3.8 IMV Imaging
14.3.9 JINS
14.3.10 Evana Medical
14.3.11 Vuzix Corporation
