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Research Outline

Prepared for Abby S. | Delivered November 5, 2020

AR Exercise Therapy Market

Goals

Identify the market size of Augmented Reality only as it relates to the exercise therapy segment as well as trends in the market segment. In addition, identify key competitors that are startups in the market segment. For each identified, provide the offerings, technology used, funding, and any other relevant details.

Early Findings

Summary

  • Please note that this data is only pre-research, we provide as much data as possible in the initial hour to guide the full research project. In our initial search, we focused solely on Augmented Reality as it applies to exercise therapy. Through our research, we found the Augmented Reality (AR) and Virtual Reality (VR) market size in relation to healthcare. We scoured a large selection of market reports and research databases, and while we were unable to find the market size precompiled, this market provided the most insight into the specific segment.

Market Size

  • The Augmented Reality market in the healthcare sector was estimated at $524.32 million in 2020 according to the data provided below.
  • Augmented Reality in the healthcare sector is expected to reach $1.32 billion by 2023.
  • The global Augmented and Virtual Reality technology in healthcare market was valued at an estimated $2.32 billion USD in 2020 (calculated) with a CAGR of 34.6%-36.1%.
  • The Augmented Reality segment holds the largest market share (undisclosed) with a CAGR of 38.38% between 2019-2025.
  • The use of AR for rehabilitation in brain injury, stroke, and physical therapy is expected to see the most growth between 2018-2026.
  • Details of the market segments are paywalled, however, these reports most likely hold more data: Business Wire and Globenewswire.
  •  Experts agree that exercise therapy is one of the top uses for AR technology in the healthcare sector.

Calculations

  • Estimated AR market in 2023/Estimated total market in 2023=Estimated AR market share:
  • Estimated total market in 2020*Estimated AR market share=Estimated AR market size in 2020:

Key Players In AR and VR Healthcare: