Cloud Featured Fintech Primers Technology

Demystifying AR/VR Technology In Healthcare Domain

Demystifying ARVR Technology in Healthcare Benefits, Use Cases, Costs

What Is VR and AR in Healthcare and How Does It Work?

Let us have a look at what AR/VR technologies are made of first. Although there is a thin of difference between both still sometimes its been used interchangeably. Augmented Reality and Virtual Reality technologies help a long way with their technical boon to achieve either immediate goals (like for treatment) or long-term ones (like for teaching/learning purposes). Worldwide Revenues for AR and VR Forecast have reached $162 Billion in 2020.

Numerous AR/VR Technology Components

Tracking gear for AR and VR comprises cameras, optical sensors, accelerometers, GPS, gyroscopes, solid-state compasses, RFID, and accelerometers. Devices that allow for user interaction, such as microphones, touch displays, gesture capture, styluses, and pointers. devices with CPUs and displays, such as tablets, laptops, smartphones, and smart eyewear. On the other hand, AR/VR software consists of applications and algorithms that take in and process data sent from/to wearables and devices to provide a second or simulated reality.

Read more: Robotics And Artificial Intelligence

What Sets Medical augmented reality and virtual reality Apart?

New Revelations About Augmented Reality in Medicine

Although some may call this magic when it comes to its practical application, the 3D visualization of the patient’s body for the surgeon during the operation plays a life-saving role. In 2019 Surgery was carried out with the help of such technologies and in 2020 the first holo navigational surgery of spinal cord was done using lens. In this case, the surgeons had a 3D representation of the affected anatomy generated and projected into the surgical field.

New Revelations About Virtual Reality In Medicine  

Since 1990, virtual reality has helped the medical industry develop more accurate images from CT, MRI, and X-ray scans. For example, it can be utilised to mimic the afflicted organ, tissue, or joint and aid in understanding the potential dangers of the upcoming surgery. These are, of course, only a few instances of successful AR technology use in the healthcare industry. Let’s see what the market outlook is and what the future holds for it.

AR And VR In Healthcare: Present Situation And Prospects  

Below is an exhibit that shows the global healthcare for AR/VR market scenario from 2014 to 2025 (predicted). We can see the immersive change that it has brought to the healthcare sector with its increased adoption rate and winning over the doctor’s trust factor.

The use of augmented reality medical applications includes but is not limited to Surgical treatment which includes 3D visualization of the internal organs that are about to be operated on. Rather, using AR/VR tools helps the patients to better describe what bothers them and gives a real-like situation for virtual assistance. Also used in pharmaceutic visualization of the drug’s pharmacodynamics/pharmacokinetics, etc.

Read: Let’s Understand Crypto In A Layman Language

What Is The Price Of An AR And VR App?

To determine the cost of an AR/VR app one needs to acquire the input data and conduct a business analysis and thereafter work out the UX/UI design and architecture. Other parameters are the type of AR app, SDK and the supported platforms, Maturity level, and AI/ML implementation. A backend part (developer-visible part) to develop the frontend part (consumer-visible part) of the app will be required and then the UI designer will design its appearance. Also, integration with third parties, such as Payment Modes, Google Maps, etc. will also be required. So, we can say that the cost to develop on-demand AR/VR in healthcare shall range from 40,000 USD to 2,00,000 USD for the development process.

Future Scope  

What was anticipated about this tech a few years ago, it’s far more than it, and the same shall be applicable to today and future predictions.With a 4K video resolution, 5G (and possibly 6G) fast internet speed, and adaptation of VR and AR medical apps, this application in health tech offers even more surprises. Researchers are eager to use VR/AR medical apps with research stats to make the best diagnoses possible, such as ELISA, and with their assistance, medical researchers hope to find a cure for diseases like cancer, diabetes, and AIDS that are currently incurable as well as advance research on stem cells, plasma, the function of T cells, and many other topics.

Read: Cybersecurity Timeline and Trends You Should Know Before Planning for 2023

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Finance in Africa 2022: Navigating the Financial Landscape in Turbulent Times

Sudipto Ghosh

Harnessing the Power of AP Automation for Businesses

Pooja Choudhary

Global Fintech Interview with Vatsa Narasimha, CEO of ComplyAdvantage

Paroma Sen
1