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Revolutionizing the Health Industry: Exploring the Role of Metaverse in Healthcare

Revolutionizing the Health Industry: Exploring the Role of Metaverse in Healthcare
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    August 4, 2023 Last Updated: December 29, 2023

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What is the first thing that comes to your mind when hearing the word “Metaverse”?

Undoubtedly, you will start imagining entertainment, gaming, virtual events, etc. Don’t you?

Well, although the Metaverse has taken these sectors by storm, but slowly with time, it is penetrating other sectors too.

Yes, you heard it right.

Whether it’s education, retail, or healthcare, the Metaverse is rapidly establishing its roots. If we talk about Metaverse healthcare, in particular, this sector is experiencing rapid growth.

According to statista, the market value of the Metaverse health & fitness sector is expected to reach 6.57 billion USD in 2023. This value is further projected to show an annual growth rate (CAGR 2023-2030) of 35.28%. This way it can reach 54.47 billion USD by 2030.

Metaverse Health & Fitness graph

On the other hand, if we consider the number of users, it can touch a whopping 182 million by 2030.

So what does this mean?

It means considering the benefits of a Metaverse in healthcare, this sector is going to present enormous opportunities to generate revenue. Metaverse healthcare app development is going to be the next trend in the app market.

Well, if you want to be a part of this revolution, this blog is for you. It will educate you on how you can use this emerging technology to grow your healthcare business.

Let’s Begin.

What is Metaverse in Healthcare?

Metaverse healthcare is all about utilizing advanced technologies to make the process of providing healthcare services easier, faster, and more efficient like never before. If we dig deeper here are some major technologies that Metaverse offers in order to make a change.

1Virtual Reality (VR)

Virtual Reality technology is used to offer immersive experiences that replicate real-world events, such as operations or doctor consultations.

2Augmented Reality (AR)

Augmented Reality technology is used to improve the real-world environment by adding digital aspects to the physical environment, such as overlaying patient data over a medical image.

3Artificial Intelligence (AI)

When it comes to analyzing patient data and offering individualized therapy recommendations there is no match to the AI technology.

4Blockchain

By leveraging blockchain technology in healthcare, a groundbreaking solution emerges like empowering healthcare practitioners and patients alike to securely store and exchange patient data, leading to a transformative revolution in the way information is shared within the industry.

5Wearable Devices

Patient data, including blood pressure and heart rate, can be collected easily via wearable technology and sent in real-time to healthcare professionals.

6Cloud Computing

Healthcare providers can easily access and analyze patient data from anywhere by using cloud computing in order to store and process large amounts of data.

Global Metaverse Health Care industry

How Metaverse Will Reinvent the Healthcare Industry?

Despite the privacy and security issues raised by the concept of the Metaverse, medical professionals are all set to include this advanced technology for improving patient care. If we go with a recent survey from Accenture, nearly half of healthcare leaders anticipate innovative or disruptive developments as a result of the Metaverse, with over 80% anticipating positive effects.

Estimated Development Cost for Metaverse Health Care App

Let’s see why most healthcare leaders are in favor of using Metaverse in the healthcare industry.

  • Education

The delivery of medical education and training will undergo a significant technological revolution; thanks to the combination of AI and VI as crucial elements of the Metaverse. By using medical tools, carrying out medical and surgical operations, and allowing the students to perceive and practice new medical technology, AR will enable students to engage in hands-on learning.

In contrast, VR would expose the pupils to a virtual world that included operating rooms and theaters. Medical students and enthusiasts will have the leverage to enjoy simulating a real-world environment and virtually entering the human body in the virtual reality world like never before. Users will be able to make use of a fully realized gaming environment by utilizing these methods and technology. In addition to this, famous coaches can be hired for a more engaging and enjoyable learning experience.

By the way, the purpose of using the Metaverse in education and clinical purposes is to create an AR environment where one can easily study the human body’s vital processes in a research center setting. The invention led to the establishment of countless new educational environments.

Moreover, this brand-new educational environment provides areas for collaboration and communication, plans for novel experiences, the chance to share and create, and high levels of stimulation. Here the following challenges are advised: security intrusion, kids’ poor adjustment to the outside world & outside school, and misconduct. By reviving real processes and displaying cell-level details of human life systems, VR is used to train specialists and clinical suppliers

At the moment, AR is accepted in the training curricula of medical schools and has been shown beneficial for treating illness. For instance, the clinical imaging programming company Novarad Corp. recently announced the release of its augmented reality programming for higher education.

The future of clinical education and training will also see a significant expansion; thanks to a combination of AR & VR technologies, known as the Metaverse. Clinical educators can make use of this invention to help students with problem-solving, project completion, creativity stimulation, and creating the best possible learning environment for all students.

  • Digital Twins

The use of digital twins technology is a primary goal for numerous sizable medical technology companies, including Siemens Healthineers and GE Healthcare. These groups will need fundamental resources, including enormous amounts of patient information, to achieve their goal.

The goal of digital twin technology is to learn more about, analyze, investigate, and make judgments based on virtual representations of real-world and real-time things. Digital twins can be anything using the Metaverse, from patients to medical equipment. The digital twin technology will become more efficient and successful; thanks to the Metaverse for:

  • Recognizing specific risk factors at play
  • Enabling more accurate and quick diagnosis
  • Predicting how the interventions will be received
  • Enabling shorter, safer, and more efficient clinical trials
  • Improving the effectiveness of the medical facilities

It is anticipated that in the future, patients, researchers, medical experts, scientists, and medication developers will use digital twins as “test dummy technology” with the use of Metaverse. This suggests that the usage of digital twins and the Metaverse will be combined to comprehend and forecast how a patient will recover from surgery, deal with a particular ailment, or respond to medication. As individual genetics advance, this will help the mapping and comprehension processes.

Moreover, by testing the medication virtually, this combination would reduce the number of animal tests even more. Additionally, it would monitor the patient’s health and search for any indications of pharmaceutical side effects while recommending the best course of treatment for the person experiencing one or more medical conditions.

However, putting a digital twin’s interpretation into practice demands an extensive app and execution. This includes making the innovation widely available in clinical daily routines, improving crucial clinical cycles using cutting-edge reenactments, and working to improve medical assistance.

Also Read-How Much Does it Cost to Develop the Metaverse Platform?

  • Surgery

The field of medical surgery is one that quickly adopts new technologies. Naturally, the Metaverse is not an exception, and there are already examples of successful use of the virtual dimension to “rehearse” intricate surgeries before carrying them out on actual patients.

The Metaverse enables surgeons from many locations to congregate in the same operating room, combining their expertise for the patient’s benefit. This raises the likelihood that world-class surgeons will actually participate in the operation by enabling them to offer their specialized knowledge to challenging patients without having to travel.

During surgery, VR can also offer a detailed vision of the patient’s body, which can help the surgeon better grasp the locations of the target organs and where to direct their tools. Imagine being able to view a patient’s organs and blood arteries during surgery that are truly buried beneath the skin and other tissues via a virtual replica of their body.

  • Patient Therapy

During the pandemic, one of the things that gained huge popularity was teletherapy. It enables patients and therapists to communicate using video conference tools like Zoom or Google Meets. It goes a step further with the Metaverse mental health therapy, delivering an intensely immersive experience. The lifelike dimension allows patients to see and communicate with their therapist almost exactly as they would in person.

This is a tremendous benefit for the psychotherapy market because patients need to feel at ease in order to open up, and most individuals still prefer in-person encounters over virtual ones. The Metaverse creates a graceful solution for this challenge because not everyone has the opportunity to be physically present in the same place as their therapist in our ever-changing reality.

The use of VR for exposure therapy and addiction treatment is another significant Metaverse application in this context. By simulating necessary real-world situations in safe environments, medical professionals can aid patients in overcoming their challenges and preparing them for encountering them in everyday life.

  • Virtual Hospitals

UAE has announced the opening of the first Metaverse hospital in the world, thus revolutionizing healthcare treatment and access while reducing physical obstacles for those with disabilities. The transition to virtual reality enables healthcare professionals to shorten wait times and foreign applicants to enroll in programs at institutions hundreds of kilometers distant.

Patients will be able to enter virtual hospitals with the use of digital avatars, immerse themselves there like in the real world, and receive remote consultations from doctors with more experience.

At the same time, Metaverse hospitals reimagine the experiences for patients who are already there. Through the Metaverse and VR, they will visit their homes and other familiar places while staying inside the hospital, as well as stay in touch with family and friends.

  • Fitness, Wellness, and Quality of Life

Gamification will be quite crucial in this aspect. It will open doors to fresh and more creative methods for patients and healthcare professionals to connect. Apps for fitness and wellness will proliferate more widely; thanks to the Metaverse. With the aid of virtual instructors, health and fitness programs are currently delivered via AR and VR. Moreover, bringing together and establishing connections between patients and healthcare providers is the main goal that gamification will serve.

In this aspect, platforms like Roblox have served as stepping stones for bringing more ideas to the table. Due to these platforms’ immense accessibility, a growing number of audiences (patients and healthcare professionals) are connecting, working together, and communicating on a daily basis. With these services, individuals can create and have fun using Metaverse.

In addition to this, with the Metaverse, it would be feasible to give consumers smarter workouts via virtual trainers and mentors. On the other hand, VR can raise a patient’s quality of life. In a recent survey, it was found that using VR can significantly improve the quality of life for those suffering from dementia. Following thorough observation of the necessary number of sessions with dementia patients, it was determined that the patients had displayed breathtaking results in terms of memory retrieval and memory retention.

In turn, this improved the dementia sufferers’ spirits. Not only that, but VR altered dementia patients’ mental stimulation in a way that helped them maintain a healthy lifestyle.

Moreover, It has been noted that people are more motivated to include health and fitness activities in their daily routine as a result of the rising technological breakthroughs. Exercises based on virtual reality are becoming more and more well-liked in developing nations as well. 

Virtual Reality has been found to be even more participatory, interesting, and enjoyable. Those who are naturally shy and timid have been greatly and positively touched by this. The greatest success and enjoyment with this technology has gone to introverts. Both AR & VR will become individual therapists as the Metaverse moves ahead of people. This is due to the fact that Metaverse has more potential and a wider scope than conventional types of exercise or traditional methods of keeping oneself fit and healthy.

What Are The Challenges in Adopting Metaverse in the Healthcare Industry ?

Despite the buzz and promise around the Metaverse, there are some barriers, which make the widespread adoption of the Metaverse in the healthcare sector more difficult and complex than it first appears. Some of those challenges are

  • Massive Investment Cost

It should come as no surprise that the healthcare sector needs to invest a sizable amount of money in order to successfully and efficiently adopt the Metaverse. In other words, upgrading the technological infrastructure is necessary, especially in emerging economies, in order to benefit from the Metaverse. This would necessitate significant infrastructure investment. 

Everything involves significant budget spending, from the need for a constant 5G internet connection to the demand for high-tech gadgets like wearables.

  • Interoperability Issues

In terms of emerging technology, interoperability is one of the most challenging aspects of the current medical or healthcare industry. The Metaverse, as an additional element, may change which medical equipment is easy to migrate across networks, platforms, and organizations.

The adoption of the Metaverse will be sluggish and may even have some unfavorable effects unless and until the whole healthcare and medical services industry rapidly adopts information storage and communication standards.

  • Security & Privacy Issues

Cybercriminals frequently target the healthcare sector with cyber attacks in order to misuse and manipulate the information for their own gain. Additionally, as the number of patients increases, so does the amount of patient data. The mass and big-scale effects of the Metaverse have yet to be seen, despite the fact that the early findings of applications show huge promise.

Partner With Blocktunix For Metaverse Healthcare Development

The use of Metaverse technology is already boosting patient access to care, enhancing medical education, enhancing surgical and illness outcomes, and decreasing costs across the board. Needless to say, early adopters of the emerging technology stand to gain significantly.

So it’s up to you whether you immediately want to partner with Blocktunix for Metaverse Healthcare App Development or you want to wait for the market competition to rise up. Blocktunix is a dedicated Metaverse app development company that can help you take the lead in the Metaverse healthcare app market by offering superior quality Metaverse healthcare development services. So the ball is in your court now.

Estimated cost of Metaverse development app

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