Healthcare metaverse to top $80 billion by 2030: report

Homepage > News > Business > Healthcare metaverse to top $80 billion by 2030: report TL;DR: The metaverse in healthcare is projected to exceed $80 billion by 2030, growing at a 35% CAGR, with software accounting for 71% of the market. Meanwhile, the U.K. government has approved 44 recommendations to regulate AI in healthcare, ensuring safety and effective monitoring of AI-enabled medical devices. In the Middle East, Saudi Arabia and the UAE are poised to lead the Gulf digital health. Key Takeaways: The metaverse in the healthcare market is expected to reach over $80 billion by 2030, accounting for at least 10% of overall metaverse growth. Software will account for approximately $56 billion of the healthcare metaverse market by 2030, driven by immersive apps and AI advances. North America will dominate the market, with its value projected at $34 billion in 2030. The U.K. government accepted all 44 recommendations for AI healthcare regulation to enhance patient safety and monitoring. The MHRA is launching a regulatory sandbox, AI Airlock, to effectively manage AI-enabled medical devices. Saudi Arabia and the UAE are forecast to offer the strongest digital health opportunitie...