Key Findings
The Asia Pacific AR in healthcare market is evaluated to grow considerably and reach a CAGR of 16.99% over the projected period of 2019-2028. The region offers lucrative prospects for the growth of AR in healthcare. The surge in acceptance of AR technologies across several industries and the presence of significant traders in the region is expected to boost the market growth.

Market Insights
The Asia Pacific AR in healthcare market growth is assessed through the market evaluation of countries such as Vietnam, Japan, Indonesia, South Korea, India, Thailand, Australia & New Zealand, China, and the rest of Asia Pacific. Indonesia has a large share of the elderly population, which will grow by more than 40% by 2025, making Indonesia one of the fastest aging countries. This will have a huge impact on the healthcare sector. Development in medical technology will help Indonesia to strengthen its medical infrastructure. Thailand is recognized as one of the world’s most competitive destinations for high quality and affordable care. Medical tourism has been growing at a rate of 16% due to low medical costs.
In Vietnam, economic growth and demographic changes are driving the demand for healthcare services throughout the country. The Vietnamese government pushes for the import of medical equipment because of the lack of local production. Australia has a competitive and established market with a demand for innovative medical products. Australian specialists depend on AR to meet advanced requirements as technological innovation introduced in CT, MRI, and other therapeutic scans give high quality outputs. New Zealand has a high quality healthcare system, and is heavily subsidized for all of its citizens. The rest of Asia Pacific countries are increasingly involved in economic development activities, which will drive the market growth during the forecast period.

Competitive Insights
The prominent companies operating in the market include AccuVein Inc, Sony Corporation, Alphabet Inc (Google), Microsoft. Corporation, Koninklijke Philips, among others.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments