Virtual Reality in U.S. Healthcare (Markets for Remote Surgery, 3D Modeling, Pain Distraction and Other Applications)

Table of Contents

Chapter One: Executive Summary

• 1.1 The Healthcare Industry

• 1.2 Information Technology (IT) Market in Healthcare

• 1.3 Virtual Reality Industry

• 1.4 Virtual Reality Systems

• 1.5 Virtual Reality Market

• 1.5.1 Market Definition

• 1.5.2 Market Overview

• 1.6 Virtual Reality Market in Healthcare

• 1.7 Application of Virtual Reality In Healthcare

• 1.8 Demand-Side Analysis

• 1.9 Regulatory Environment

• 1.10 Conclusions and Future Outlook

Chapter Two: Overview

• 2.1 Healthcare Industry

• 2.1.1 Market Overview

• 2.1.2 Categorization of Healthcare Services

• 2.1.2.1 Healthcare Service Providers

• 2.1.2.2 Healthcare Industry Value Chain

• 2.1.3 Trends

• 2.1.4 Challenges

• 2.2 Information Technology (IT) Market in Healthcare

• 2.3 Virtual Reality Industry

• 2.3.1 Definition

• 2.3.2 Applications

• 2.3.3 Virtual Reality Systems

• 2.3.3.1 Design Processes of VR System

• 2.3.3.2 Classification of VR Systems

• 2.3.3.3 Input Devices

• 2.3.3.4 Feedback

• 2.3.4 Virtual Reality Market

• 2.3.4.1 Overview

• 2.3.4.2 Government Initiatives

• 2.3.5 Analysis of Factors Affecting the Virtual Reality Industry

• 2.3.5.1 Projection Display Systems

• 2.3.5.2 Semiconductor Devices Industry

• 2.3.5.3 Computer Product and Computer Peripherals Industry

• 2.3.6 Trends

• 2.3.6.1 Widespread Use of Internet Provides Affordable Solutions

• 2.3.6.2 Digitization of Medical Records

• 2.3.7 Challenges

• 2.3.7.1 Technology Limitations

• 2.3.7.2 Prohibitive Cost of Systems

• 2.3.7.3 Concerns about Safety and Health

• 2.3.8 Commercialization of VR Systems

Chapter Three: Opportunities for Virtual Reality in Healthcare         

• 3.1 Virtual Reality in Health Industry

• 3.1.1 Introduction

• 3.1.1.1 Market Overview

• 3.1.2 Advantages

• 3.1.2.1 Hands-On Training

• 3.1.2.2 Assessment and Certification of Skills

• 3.1.2.3 Training in Newly Discovered Medical Protocols

• 3.1.2.4 Risk-Free Training

• 3.1.2.5 Gaining Confidence in New and Complex Procedures

• 3.1.2.6 Insights into Medical Condition of the Patient

• 3.1.3 Challenges

• 3.1.3.1 Medical Economics

• 3.1.3.2 Legal Implications

• 3.1.3.3 Insufficient Interfaces

• 3.2 Healthcare Industry Segmentation for Virtual Reality Applications

• 3.2.1 Applications of Virtual Reality in Surgery

• 3.2.1.1 Pre-Operative Planning

• 3.2.1.2 Robot-Assisted Surgery

• 3.2.1.3 Minimum Invasive Surgery

• 3.2.1.4 Augmented Reality Surgery

• 3.2.2 Application of Virtual Reality in Rehabilitation and Therapy

• 3.2.2.1 Psychological and Physical Rehabilitation

• 3.2.2.2 Tele-rehabilitation

• 3.2.3 Application of Virtual Reality in Visualization of Medical Data

• 3.2.3.1 Insights into the Medical Condition of a Patient

• 3.2.3.2 Diagnostics

• 3.2.4 Application of Virtual Reality in Education and Training

• 3.2.4.1 Interactive Learning

• 3.2.4.2 Teaching of Anatomy

• 3.2.4.3 Performance Analysis

• 3.2.4.4 Training on Uncommon Emergency Procedures

• 3.2.4.5 Training in Surgery

• 3.3. Opportunities in Virtual Reality Market based on Therapeutic Areas

• 3.3.1 Cardiology

• 3.3.2 Psychology

• 3.3.3 Radiology

• 3.3.4 Oncology

Chapter Four: Demand-Side Analysis

• 4.1 Introduction

• 4.2 Key Customer Segments

• 4.2.1 Department of Defense

• 4.2.1.1 Overview

• 4.2.1.2 The US DoD’s Expenditure on Healthcare

• 4.2.1.3 Virtual Reality Requirement for US DoD

• 4.2.2 Medical Schools

• 4.2.2.1 Shortage of Physicians: Need to Provide Assistance to a Large Number of Professionals

• 4.2.2.2 High Cost of Training

• 4.2.2.3 Lifelong Training in Advanced Technology for Physicians

• 4.2.2.4 Objective Assessment

• 4.2.3 Hospitals

• 4.2.3.1 Shrinking Margins

• 4.2.3.2 Medical Negligence: Third Largest Cause of Deaths in US

• 4.2.4 Manufacturers of Medical Equipment

• 4.2.4.1 Overview

• 4.2.4.2 Challenges Faced by Manufacturers while Introducing New Products

• 4.2.4.3 VR Solutions for the Challenges Faced by Medical Equipment Manufacturers

Chapter Five: Case Studies

• 5.1 CASE STUDY: Virtual Reality in Rehabilitation and Therapy

• 5.1.1 Use of Virtual Reality to Combat Post-Traumatic Stress Disorder (PTSD)

• 5.1.2 Use of Virtual Reality to Facilitate Pain Distraction

• 5.2 CASE STUDY: Virtual Reality in Visualization of Medical Data

• 5.2.1 Use of Virtual Reality for Diagnosis of a Calcified Heart

• 5.3 CASE STUDY: Virtual Reality in Surgery

• 5.3.1 Use of Virtual Reality for Removing Brain Tumors

• 5.4 CASE STUDY: Virtual Reality in Education and Training

• 5.4.1 Use of Virtual Reality for Training Professionals in Laparoscopic Cholecystectomy…..

Chapter Six: Regulatory Environment

• 6.1 Introduction

• 6.2 International Standards Organization

• 6.2.1 ISO 13407:1999 – Human-Centered Design Processes for Interactive Systems

• 6.3 Food and Drug Administration

• 6.4 Health Insurance Portability and Accountability Act

• 6.4.1 Privacy Rule

• 6.4.2 Security Rule

Chapter Seven: Conclusions

• 7.1 First Conclusion

• 7.2 Second Conclusion

• 7.3 Third Conclusion

• 7.4 Fourth Conclusion

• 7.5 Fifth Conclusion

• 7.6 Sixth Conclusion

• 7.7 Seventh Conclusion

• 7.8 Eighth Conclusion

• 7.9 Ninth Conclusion

Chapter Eight: Company ProfileS

• 8.1 Ascension Technology Corporation

• 8.1.1 Key Facts

• 8.1.2 Company Overview

• 8.1.3 Geographical Presence

• 8.1.4 Business Line and Product Portfolio

• 8.1.5 Key Executives

• 8.1.6 Recent Developments

• 8.1.7 Company Strategy

• 8.2 Fifth Dimension

• 8.2.1 Key Facts

• 8.2.2 Company Overview

• 8.2.3 Geographical Presence

• 8.2.4 Business Lines

• 8.2.5 Key Executives

• 8.2.6 Product Portfolio

• 8.2.7 Company Strategy

• 8.3 Immersion Corporation

• 8.3.1 Key Facts

• 8.3.2 Company Overview

• 8.3.3 Geographical Presence and Subsidiaries

• 8.3.4 Business Lines

• 8.3.5 Key Executives

• 8.3.6 Product Portfolio

• 8.3.7 Performance Review

• 8.3.7.1 Revenue Performance

• 8.3.7.2 Performance of Geographic Segments

• 8.3.7.3 Revenues Earned by Immersion Medical, Inc.

• 8.3.8 Recent Developments

• 8.3.9 Company Strategy

• 8.4 Intuitive Surgical, Inc.

• 8.4.1 Key Facts

• 8.4.2 Company Overview

• 8.4.3 Geographical Presence

• 8.4.4 Key Executives

• 8.4.5 Business Lines and Product Portfolio

• 8.4.6 Performance Review

• 8.4.6.1 Revenue Performance

• 8.4.6.2 Performance of Product Segments

• 8.4.7 Recent Developments

• 8.4.7.1 Technology Acquisitions

• 8.4.7.2 Reorganization of Its International Operation

• 8.4.8 Company Strategy

• 8.5 Mechdyne Corporation

• 8.5.1 Key Facts

• 8.5.2 Company Overview

• 8.5.3 Geographical Presence

• 8.5.4 Business Lines and Product Portfolio

• 8.5.5 Key Executives

• 8.5.6 Recent Developments

• 8.5.7 Company Strategy

• 8.6 Medtronic, Inc.

• 8.6.1 Key Facts

• 8.6.2 Company Overview

• 8.6.3 Geographical Presence and Subsidiaries

• 8.6.4 Business Lines

• 8.6.5 Key Executives

• 8.6.6 Product Portfolio

• 8.6.7 Performance Review

• 8.6.7.1 Revenue Performance

• 8.6.7.2 Performance of Geographic Segments

• 8.6.7.3 Performance of Operating Segments

• 8.6.8 Recent Developments

• 8.6.9 Company Strategy

• 8.7 Mentice AB

• 8.7.1 Key Facts

• 8.7.2 Company Overview

• 8.7.3 Geographical Presence

• 8.7.4 Business Lines and Product Portfolio

• 8.7.5 Key Executives

• 8.7.6 Company Strategy

TABLE OF EXHIBITS

Chapter One: Executive Summary

• Figure 1-1: Flow of Processes in a VR System

• Figure 1-2: Worldwide Market Size for All VR Applications (2000-2010)

• Figure 1-3: Virtual Reality Market in US Healthcare Sector (2004-2010)

Chapter Two: Overview

• Figure 2-1: Healthcare vs. Other Sectors in Contribution to US GDP (2006)

• Figure 2-2: US Healthcare Spending (2005-2015)

• Figure 2-3: Market Players in Healthcare Industry

• Figure 2-4: Value Chain of Healthcare Industry

• Figure 2-5: The US Spending on HIT (2002-2008)

• Figure 2-6: Complete VR System

• Figure 2-7: Flow of Processes in VR System

• Figure 2-8: Classification of VR Systems

• Table 2-1: Features of VR Systems

• Figure 2-9: Market Size for VR Applications (2000-2006)

• Figure 2-10: Market Size Forecast for VR Applications (2007-2010)

• Figure 2-11: Break-up of VR Market – By Geography (2006)

• Figure 2-12: Break-up of Global VR Market (2006)

• Table 2-2: Project, Institute, and Funding Provided under ATP (till 2006)

• Figure 2-13: Projector Display Industry – Value of Shipments vs PPI (2003-2006)

• Figure 2-14: Computing Speed of Intel Processors (1994-2006)

• Figure 2-15: Semiconductor Industry – Value of Shipment vs PPI (2002-2006)

• Figure 2-16: Computer Manufacturing Industry – Value of Shipment

• vs PPI (2002-2006)

• Figure 2-17: Commercialization Cycle for Virtual Reality Products

Chapter Three: Opportunities for Virtual Reality in Healthcare

• Figure 3-1: VR Market in US Healthcare Sector (2004-2010)

• Figure 3-2: Break-up of VR Application Areas in US Healthcare Market (2006)

• Table 3-1: Key Conferences Covering VR Industry

• Figure 3-3: Applications of Virtual Reality in Health Industry

• Figure 3-4: Market Size for VR in Surgery (2004-2010)

• Figure 3-5: Application of VR in Surgery

• Figure 3-6: Market for VR in Rehabilitation and Therapy (2004-2010)

• Figure 3-7: Market for VR in Visualization of Medical Data (2004-2010)

• Figure 3-8: Application of Virtual Reality in Education and Training

• Figure 3-9: Market Size for VR in Education and Training (2004-2010)

• Table 3-2: Annual Data: Cost of Illness and Number of Patients

• Figure 3-10: Direct Costs of Cardiovascular Diseases: 2007 (in USD billion)

Chapter Four: Demand-Side Analysis

• Figure 4-1: Break-up of US DoD’s Healthcare Expenditure (2006)

• Figure 4-2: US Department of Defense Expenditure on Health (2003-2007)

• Figure 4-3: Comparative Index: Number of Physicians Present and Required

• per 100,000 US population

• Table 4-1: Number of Doctors in US: Age Distribution

• Figure 4-5: Number of Hospitals in US (1975-2005)

• Table 4-2: Causes of Deaths in Hospitals

• Figure 4-6: Market Supply for Electromedical Equipment in US (2001-2006)

Chapter Five: Case Studies

• Figure 5-1: Patient Pain Ratings with the Use of Morphine

• During Wound Care

• Figure 5-2: Patient Pain Ratings with/without the Use of VR

• during Wound Care

Chapter Eight: Company Profiles

• Table 8-1: Corporate Details of Ascension Technology Corporation

• Table 8-2: Resellers for Ascension Technology

• Table 8-3: Third-Party Devices and Vendors

• Table 8-4: Applications and Procedures

• Table 8-5: Key Executives: Mentice

• Table 8-6: Corporate Details of Fifth Dimension

• Table 8-7: Resellers for Fifth Dimension

• Table 8-8: Key Executives: Fifth Dimension

• Table 8-9: Self-developed Products

• Table 8-10: Hardware Products Distributed – Company and Product

• Table 8-11: Corporate Details of Immersion Corporation

• Table 8-12: Geographical Presence of Immersion Corporation

• Table 8-13: Key Executives of Immersion Corporation

• Table 8-14: Product Portfolio

• Figure 8-1: Annual Revenues of Immersion Corporation (2001-2006)

• Figure 8-2: Revenues Earned by Immersion Corporation in 2006

• Figure 8-3: Annual Revenues of Immersion Medical, Inc. (2002-2006)

• Table 8-15: Corporate Details of Intuitive Surgical, Inc.

• Table 8-16: Key Executives of Intuitive Surgical, Inc.

• Figure 8-4: Intuitive Surgical Revenue Performance (2001-2005)

• Figure 8-5: Intuitive Surgical Revenues by Product Segment (2006)

• Table 8-17: Corporate Details of Mechdyne Corporation

• Table 8-18: Key Executives of Mechdyne

• Table 8-19: Corporate Details of Medtronic, Inc.

• Table 8-20: Geographical Presence of Medtronic, Inc.

• Table 8-21: Key Executives of Medtronic, Inc.

• Table 8-22: Product Portfolio

• Figure 8-6: Revenues of Medtronic, Inc.  (2002-2006)

• Figure 8-7: Medtronic, Inc. Revenues by Geography (2006)

• Figure 8-8: Medtronic, Inc. Revenues by Operating Segments (2006)

• Table 8-23: Partners: Medtronic Navigation

• Table 8-24: Corporate Details of Mentice AB

• Table 8-25: Subsidiaries of Mentice

• Table 8-26: Distributors of Mentice

• Table 8-27: Key Executives: Mentice