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Frost Radar™: Medical VR for Training and Education

Which best practices and growth strategies in virtual reality (VR) will help healthcare and ICT companies future-proof growth and innovation?

The global scarcity of low-cost, high-quality, hands-on surgical education has left clinicians lacking in confidence and skills. Challenges such as limited access to cadavers, time constraints on medical professionals, and rising supply chain costs are prompting a shift towards more innovative and digital training methods. Now, advancements in medical VR technologies are supercharging traditional healthcare planning, helping surgeons harness immersive training/medical education to deliver more comprehensive plans for patient care. Amid this transformation, healthcare VR is poised to growth at a compound annual growth rate (CAGR) of 43.1% upto 2028. This is intensifying the pressure on technology providers to accelerate their immersive VR pilots into full-blown commercial deployments.

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What Strategic Imperatives are shaping the Autonomous Delivery Vehicle Ecosystem?

Transformative Megatrends

Digitalization and telemedicine have intensified the need for remote training and personalized education, as healthcare professionals grapple to maximize health equity across underserved regions and geographies. 
 

Internal Challenges

Workforce shortages, the growing demand for surgical services, rising complexity of medical procedures, and high costs of traditional medical training are intensifying the pressure to develop scalable and accessible training opportunities that shorten learning curves. 

Disruptive Technologies

Advancements in XR, AI, ML, and edge computing are pushing providers to deliver advanced simulations, personalized learning pathways, and immersive hardware/software.
 
 

Which disruptive technologies can you integrate to bridge the growth gap in VR/XR/MR/AR devices for medical training?

The Frost RadarTM serves as a powerful analytical tool for conducting a comprehensive 'Growth Audit' across various industries, evaluating key companies on multiple qualitative and quantitative factors. Our primary goal is to assist clients in fostering innovation, building competitive differentiation, and achieving transformational growth. Utilize this distinctive competitive benchmarking tool to maximize your future growth and innovation potential in medical VR.

 

Do your growth teams have the right benchmarking tools to capitalize on optimal strategic alliances in medical VR?

In a field of more than 70 immersive virtual platform providers, the Frost RadarTM for Medical VR highlights leading global providers that are delivering tailored VR software solutions for medical and surgical training via simulated environments and fully immersive sensory experiences. Companies featured in this Frost RadarTM are: FundamentalVR, ImmersiveTouch, Level Ex, Lucid Reality Labs, ORamaVR, Osso VR, PrecisionOS, SimX, Surgical Science, and Vantari VR.

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