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April 30, 2022

CG1 Solutions launches private beta test for metaverse training system for hospitals

Due to Covid-19, the healthcare industry has focused on integrating and investing in new technologies.

By GlobalData

While virtual reality (VR) technologies have been around for over six decades in various forms, they are still not considered to be mainstream technologies in different industries. Today’s VR market is mainly gaming-oriented. However, due to the Covid-19 pandemic, the healthcare industry has focused on integrating and investing in new technologies that could be used in helping patients and training healthcare professionals. CG1 Solutions, a company based in the US, announced the launch of a private beta test for a metaverse training system for hospitals, Reality Hub.

Free Report
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The Metaverse is becoming a reality – adapt to meet it

Although the term resists single definition, the metaverse can broadly be described as a virtual world where users can meet, work, play, shop and socialize in real-time within simulated scenarios. The theme has gained traction following Facebook's rebranding to Meta, prompting enterprises to consider how they can seemingly develop economies, trade with other companies, and form alliances in new and imaginative ways as the metaverse use cases and applications grow broader. This is subsequently encouraging businesses across sectors to begin developing capacities related to the metaverse experience, foundation, tools, and user interfaces. Simultaneously, the impact of the COVID-19 pandemic has accelerated the technology adoption rate, thereby increasing the expectations of stakeholders. Amid all such developments, the metaverse is projected to influence multiple sectors with user engagement, collaboration, training, and learning being touted as some of its early use cases. GlobalData examines how the innovative adoption of emerging technologies can accelerate the advent of the metaverse ecosystem. This report explores our in-house data to provide our clients with insights into how various companies are driving the immersive ecosystem’s growth with their innovative solutions.
by GlobalData
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In the next three years, GlobalData expects enterprise to become the key market for VR, outpacing the consumer segment. The global VR market, which was worth nearly $5 billion in 2020, will generate revenues of $51 billion by 2030, expanding at a compound annual growth rate of 27% over the ten-year period, according to GlobalData forecasts. VR is already used across a variety of sectors, such as retail, defence, airlines, and healthcare, where it is primarily used for training. Reality Hub is able to use augmented reality (AR) and VR in order to provide efficient training on a wide range of medical equipment.

The Covid-19 pandemic has put an enormous strain on hospitals and healthcare personnel. For example, hospitals and healthcare systems are facing personnel shortages, and new technology solutions such as Reality Hub can provide efficient solutions for training new personnel more quickly.

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Free Report
img

The Metaverse is becoming a reality – adapt to meet it

Although the term resists single definition, the metaverse can broadly be described as a virtual world where users can meet, work, play, shop and socialize in real-time within simulated scenarios. The theme has gained traction following Facebook's rebranding to Meta, prompting enterprises to consider how they can seemingly develop economies, trade with other companies, and form alliances in new and imaginative ways as the metaverse use cases and applications grow broader. This is subsequently encouraging businesses across sectors to begin developing capacities related to the metaverse experience, foundation, tools, and user interfaces. Simultaneously, the impact of the COVID-19 pandemic has accelerated the technology adoption rate, thereby increasing the expectations of stakeholders. Amid all such developments, the metaverse is projected to influence multiple sectors with user engagement, collaboration, training, and learning being touted as some of its early use cases. GlobalData examines how the innovative adoption of emerging technologies can accelerate the advent of the metaverse ecosystem. This report explores our in-house data to provide our clients with insights into how various companies are driving the immersive ecosystem’s growth with their innovative solutions.
by GlobalData
Enter your details here to receive your free Report.

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