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Metaverse healthcare market forecasted to surpass $500 billion by 2033.

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The healthcare industry is embracing the metaverse, and experts predict a staggering growth trajectory. By 2033, the market is anticipated to reach a colossal $500 billion, fueled by advancements in telemedicine, surgical training, and even futuristic procedures.

Several research groups like Spherical Insights, Research and Market and Towards Healthcare have made it public that Metaverse is greatly taking over the healthcare sector to next higher levels.last year 2023 the global Metaverse healthcare market valued around $8.97 billion to 10.5 billion.

Analysts have shown great positivity over this project as several of them suggest that by the year 2033 the Market will have already reached $80 billion to around $100 billion or even more.

The COVID-19 pandemic significantly pushed telemedicine adoption, with usage skyrocketing from 11% to 76% in the US alone. As remote interactions become increasingly normalized, metaverse technology is poised to revolutionize how patients experience consultations and access virtual clinics.

Augmented reality (AR) emerges as the frontrunner in hardware advancements. AR tools empower surgeons to plan and navigate procedures with real-time information overlays, enhancing accuracy and efficiency in the operating room.

Tech giants like Microsoft, Nvidia, Google, and Meta are joining forces with healthcare companies to invest heavily in metaverse healthcare solutions. Their involvement indicates a strong belief in the technology’s potential to transform the industry.

Also read: Texas Blockchain Council Take a Stand Against Energy Data Demand

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