Top Virtual Reality Companies in Healthcare

VR is conquering new heigths in terms of healthcare and sales figures

Medical VR is an area with fascinating possibilities. It has not just moved the imagination of science-fiction fans, but also clinical researchers and real life medical practitioners. As a doctor, you could assist in the OR without ever lifting a scalpel. If you are a medical student, you could study the human body more closely and prepare better for real life surgeries. As a patient, you could escape the confinement of your hospital room and travel to Iceland. Even better, your pain and your stress might feel like they evaporated through the VR experience. As a patient with mental health problems, you could fight your possible fear of heights, schizophrenia or paranoia more successfully. VR seems to conquer healthcare gradually. And not only that.

Although VR has promised to become “the next big thing” on the market for decades in vain, statistics show that the time has come now for the technology. Various market research companies estimate that the VR hardware and software market could be worth around $30 billion by 2020. The sales of VR headsets are projected to skyrocket in the next few years: 500 million could be sold by 2025. Currently, there are 685 virtual reality start-ups with an average valuation of $4.5 million, according to start-up tracking site AngelList; and their number will grow further. This all means that both the demand and the supply side – starting from the cheap Google Cardboard to the expensive Oculus Rift – is growing. So, I thought it is time to enlist the most important VR companies in healthcare. Challenge accepted!

By Bertalan Meskó, MD, PhD | Medical Futurist

Image Credit: Surgical Theater

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About Peter Coffaro 704 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the orthopedic industry. Recognized by MedReps.com as one of the top medical sales influencers in the industry; he has 10 years of combined sales management experience and has held positions as a Director, General Manager and Distributor. Peter has worked for some of the top orthopedic companies in the world - Zimmer, DePuy and Stryker. He is also the founder of OrthoFeed: a popular blog that covers orthopedic news and emerging medical technologies. Peter is a three-time Hall of Fame award winner at Johnson and Johnson and has an extensive background in organizational development, business development, sales management, digital marketing and professional education. Peter holds a B.S. degree in Biology from Northern Illinois University.

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