Mixed Reality Healthcare Market

As per Market Research Future Analysis, the Mixed Reality in Healthcare Market was valued at USD 2.77 Billion in 2023 and is projected to grow to USD 6.14 Billion by 2032, with a CAGR of 9.27% from 2024 to 2032. The market is driven by advancements in sensor technology, increased user acceptance, and the growing application of MR in treatment and training. Key applications include surgery simulation and patient care management, with hospitals and surgical centers being the primary end users. However, challenges such as high investment costs and technical issues may hinder growth. Strategic partnerships and regulatory changes are expected to mitigate these barriers.

Atheer, Augmedix, Daqri, Echopixel, Firsthand Technology, Google Medical Realities, Microsoft, Mindmaze, Oculus VR, Orca Health, Osso VR, Psious, Samsung Electronics, Surgical Theatre LLC

• Q2 2024: Microsoft and Cleveland Clinic expand mixed reality partnership for surgical training Microsoft announced an expanded partnership with Cleveland Clinic to deploy HoloLens 2 mixed reality headsets for advanced surgical training and remote collaboration, aiming to enhance medical education and patient outcomes.
• Q2 2024: Philips launches new mixed reality platform for image-guided therapy Philips introduced a mixed reality solution integrating augmented reality visualization into its image-guided therapy systems, enabling clinicians to overlay 3D anatomical data during minimally invasive procedures.
• Q2 2024: Siemens Healthineers debuts mixed reality surgical navigation system Siemens Healthineers launched a new mixed reality surgical navigation platform designed to assist surgeons with real-time 3D visualization and intraoperative guidance, targeting complex orthopedic and neurosurgical procedures.
• Q3 2024: Magic Leap secures $150 million funding round to accelerate healthcare mixed reality solutions Magic Leap raised $150 million in a new funding round led by healthcare-focused investors, with proceeds earmarked for expanding its mixed reality platform for medical training, surgical planning, and patient care applications.
• Q3 2024: Medtronic acquires XRHealth’s healthcare mixed reality division Medtronic completed the acquisition of XRHealth’s healthcare-focused mixed reality business unit, aiming to integrate immersive technologies into its digital surgery and remote patient monitoring portfolios.
• Q3 2024: Osso VR partners with Johnson & Johnson for global rollout of mixed reality surgical training Osso VR announced a strategic partnership with Johnson & Johnson to deploy its mixed reality surgical training platform across J&J’s global network, supporting skill development for surgeons in multiple specialties.
• Q4 2024: FDA clears Augmedics’ xvision Spine System with mixed reality guidance for pediatric use The U.S. FDA granted clearance for Augmedics’ xvision Spine System, a mixed reality surgical guidance platform, to be used in pediatric spinal procedures, expanding its clinical indications.
• Q4 2024: Medivis launches new mixed reality platform for preoperative planning in neurosurgery Medivis unveiled a next-generation mixed reality platform designed to assist neurosurgeons with preoperative planning, offering immersive 3D visualization of patient anatomy and surgical pathways.
• Q1 2025: SentiAR raises $35 million Series C to expand mixed reality cardiac navigation SentiAR closed a $35 million Series C funding round to accelerate the commercialization of its mixed reality cardiac navigation system, which provides real-time 3D visualization for electrophysiology procedures.
• Q1 2025: FundamentalVR announces partnership with Mayo Clinic for mixed reality surgical simulation FundamentalVR entered a partnership with Mayo Clinic to co-develop mixed reality surgical simulation modules, aiming to enhance hands-on training for medical residents and practicing surgeons.
• Q2 2025: GE HealthCare opens new mixed reality innovation center in Boston GE HealthCare inaugurated a dedicated innovation center in Boston focused on developing and testing mixed reality solutions for clinical workflow optimization and medical education.
• Q2 2025: Apple receives CE mark for Vision Pro mixed reality headset in European healthcare Apple’s Vision Pro mixed reality headset received CE mark approval for use in European healthcare settings, enabling deployment in surgical planning, medical training, and patient engagement applications.

Regional Market Summary

Geographically, the Americas is expected to dominate the global mixed reality in healthcare market due to the increasing per capita healthcare expenditure, and the heavy adoption of new technology. According to the research published in 2016 by Johns Hopkins University School of Medicine, it was estimated that if all US hospitals increased the number of minimally invasive procedures by 50%, nearly 3,600 complications could be avoided annually. Furthermore, rising expenses in research and investment by healthcare bodies are anticipated to drive the growth of the market in this region.

Europe showed a considerable amount of growth in the global mixed reality in healthcare market. The market growth in this region is because of the presence of a well-established healthcare system and increase in chronic diseases.

Asia-Pacific is expected to have a sturdy growth rate during the forecast period owing to the huge patient pool and government initiatives of healthcare reforms. In 2016, as a part of an ongoing neurosurgical collaboration between Children’s Hospital in Ho Chi Minh City (Vietnam) and Children’s of Alabama Hospital, a Virtual Interactive Presence and Augmented Reality (VIPAR) telecommunication system was implemented at both hospitals to provide intraoperative assistance to medical professionals. However, less capital investment is restricting the market growth of this region.

On the other hand, the Middle East & Africa has the least share of the market due to the low disposable income. Moreover, limited access to treatment facilities is also expected to curb the growth of the market in the near future.

By Component Outlook

• Software
• Hardware
• Service

By Device Type Outlook

• Augmented Reality in Healthcare
• Head-Mounted Display (HMD)
• Handheld Device
• Virtual Reality in Healthcare
• Head-Mounted Display (HMD)
• Gesture Tracking Devices
• Projectors

By Application Outlook

• Surgery Simulation
• Surgery
• Patient Care Management
• Pharmacy Management
• Fitness Management
• Others

By End User Outlook

• Hospital & Surgical Centers
• Research Organizations
• Others

By Region Outlook

• Americas
  • US
  • Canada
• North America
• Latin America

• Europe
  • Germany
  • France
  • Italy
  • Spain
  • UK
  • Rest of Western Europe
• Western Europe
• Eastern Europe

• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Rest of Asia-Pacific

• Middle East & Africa
• Middle East
• Africa

Intended Audience

• Medical Device Companies
• Research and Development (R&D) Companies
• Government and Private Research Institutes
• Academic Institutes and Universities
• Venture Capitalists