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Arab Health to showcase $5 billion healthcare metaverse market

The healthcare market is predicted to be worth $5.37bn by 2030

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Arab Heath with the newly launched Intelligent Health Pavilion will outline the most innovative and sustainable healthcare technologies through live demonstrations. The demonstrations will take place at the Future Health Summit in the Museum of the Future, exploring healthcare in the metaverse.

The Intelligent Health Pavilion will feature three demonstration rooms showcasing several new technologies through live demonstrations including a digital Intensive Care Unit (ICU), an intelligent operating room and emergency room.

The new feature will also include a seminar theatre and provide a platform for exhibitors to reveal the latest cutting-edge healthcare technology.

“The healthcare industry has witnessed incredible changes in recent years, with technology and innovation the driving force behind how the industry is elevating patient care. These latest advancements are expected to increase further by utilising the metaverse and looking at how we interact with technology to utilise artificial intelligence (AI), augmented reality (AR) and virtual reality (VR) to improve patient outcomes.” said Ross Williams, Exhibition Director for Informa Markets.

According to a report titled Healthcare in the Metaverse from Market Research Future, the healthcare metaverse market is predicted to grow at a Compound Annual Growth Rate (CAGR) of 48.3 percent until 2030, with the industry’s value expected to top $5.37 billion.

“The Future Health Summit is dedicated to trailblazers. From AI and robotics to the role of the metaverse, the healthcare industry is continuously evolving. A result of cutting-edge technology combined with innovative leaders committed to improving patient outcomes,” Williams added.

“The metaverse is expected to disrupt healthcare and open new channels of treatment while lowering costs. The predicted growth within this market is huge, and we’ve only explored the tip of the iceberg. The Future Health Summit will provide an invaluable look at how everyone in the healthcare industry can maximise what it offers,” he explained.

The upcoming Future Health Summit is set to take place in January 2023, the event will be supported by a host of government entities, including the UAE Ministry of Health and Prevention, the Government of Dubai, the Dubai Health Authority, the Department of Health, and the Dubai Healthcare City Authority.

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Nicole Abigael

Nicole Abigael is a Reporter at Arabian Business and the host of the AB Majlis podcast. She covers a diverse range of topics including luxury real estate, high-net-worth individuals, technology, and lifestyle...

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  • Nicole Abigael is a Reporter at Arabian Business and the host of the AB Majlis podcast. She covers a diverse range of topics including luxury real estate, high-net-worth individuals, technology, and lifestyle trends across the Middle East. Nicole...

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