After invoking the gaming & entertainment industry metaverse is spurring a transformation in healthcare development. Although this technology is still in its early development stages, there are many areas in the healthcare sector that are reaping its benefits.

The question is why not when state-of-the-art technologies like Artificial Intelligence (AI), Virtual Reality (VR), Augmented Reality (AR), Mixed Reality (MR), Web 3.0, cloud, edge & quantum computing, Internet of medical devices, and so on are working in a combination.

Moreover, according to a recent study, the global metaverse in the healthcare market size was valued at 6.57 billion in the year 2022 with North America dominating the market share (43.9%). This is expected to rise to 71.6 billion by 2030 with a CAGR of 35.4% (2023-2031).

Metaverse in Healthcare - Market Overview