Albany, NY -- (SBWIRE) -- 11/06/2018 -- A recent report, titled, "Global Augmented Reality in Healthcare Market Size, Status and Forecast 2018-2025," added by ResearchMoz.us to their vast repository, presents an in-depth study of this market by covering various associated factors. The report acts as a valuable insight to all parties interested in this field.

Augmented reality was in a conceptual stage until a decade back or so, and now has suddenly transformed into a realistic technology, which is used in a variety of applications. This concept that deals with incorporation of real life elements in the form of visual information and depict it in a digital format, augmented reality is increasingly being used in the healthcare industry. This is mainly due to various advantages associated with augmented reality such as in-depth diagnostic ability, high efficiency, fast operability, and others, which are required immensely in healthcare. Utilization of this technology is witnessing a profound impetus owing to the above-described factors, thereby leading to the existence of an augmented reality in healthcare market from a global perspective.

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Increasing workload of healthcare professional has caused a high degree of automation to exist, which is notably driving growth in the global augmented reality in healthcare market. Moreover, a major factor propelling this market involves widespread technological advancements occurring in the field of medicine. In addition, rising regulatory compliances effected by governments and even private organizations too is making the market progress at a decent pace. With numerous companies investing a lot of money into this market, its landscape is expected to witness widespread expansion in the near future.

However, high costs of augmented reality-based devices is contributing towards steeper treatment expenses. Such costs cannot be afforded by those having low disposal income, thereby restraining the global augmented reality in healthcare market. Nonetheless, several players are expected to regulate costs of devices that work on augmented reality, thereby reducing effects of most restraints acting on the market.

A highly competitive vendor landscape is depicted by the global augmented reality in healthcare market, owing to most players continuously trying to outgun their rivals. Many companies are focusing on introducing new devices on a frequent basis, as well as improving their technological efficiency.

Reducing device costs to benefit ease of accessing relevant healthcare services and treatments is another area where many businesses in the global augmented reality in healthcare market are striving to succeed. With more players expected to enter the market in the next few years, the competition is projected to become more intense.

Thanks to an increased demand of virtual reality in healthcare, the applications of augmented reality in healthcare are increasing as new companies are introducing new upgrades and features on a regular basis. Qualcomm Incorporated, Artoolworks, Kooaba, Vuzix Corporation, Zugara, Augmented Pixels, and Layar, are key companies operating in the global augmented reality in healthcare market.