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Arab Health dives into the metaverse to forecast a healthcare industry worth $5.37 billion by 2030

In Brief

Arab Health is set to debut the Intelligent Health Pavilion and will conduct the Future Health Summit, centered around the integration of the metaverse into healthcare.

Experts predict that the market for healthcare within the metaverse will soar to $5.37 billion by 2030.

metaverse healthcare

Arab Health is sharing  featuring the most recent breakthroughs in healthcare technology. The Intelligent Health Pavilion will launch at the Dubai World Trade Center from January 30 to February 2, 2023. It will also host the Future Health Summit at the Museum of the Future on February 2, from 11 a.m. to 2 p.m., focusing heavily on the metaverse's application in healthcare.

Established 48 years ago, Arab Health stands as the largest healthcare event in the Middle East, organized by Informa Markets. It serves as a crucial platform for global manufacturers and distributors to engage with the medical and scientific community in the region.

In collaboration with the Intelligent Health Association, the Intelligent Health Pavilion will provide visitors with innovative healthcare experiences and sustainable tech aimed at enhancing patient quality of life. Attendees can expect three demonstration spaces showcasing a digital Intensive Care Unit, an advanced Operating Room, and an innovative Emergency Room, along with a seminar theater and exhibition areas for the latest healthcare technologies.

Ross Williams, the exhibition director at Informa Markets, stated, \"We’ve seen extraordinary transformations in the healthcare sector lately, driven by technological advancements that are reshaping patient care. The integration of the Metaverse is projected to further enhance these innovations, enabling us to leverage artificial intelligence (AI), augmented reality (AR), and virtual reality (VR) to deliver better patient outcomes.\"

The Future of Health Summit is an exclusive event designed for high-ranking government officials and CEOs within the healthcare sector. This gathering aims to explore the future of health and delve deeply into the exciting opportunities that the metaverse holds for healthcare. The event is supported by key governmental bodies such as the UAE Ministry of Health and Prevention, the Dubai Government, and the Dubai Health Authority.

The UAE has pioneered the establishment of the first hospital within the metaverse, which offers medical tourism services, allowing paralyzed patients to consult with doctors through metaverse avatars.

This year, the  The medical community is still adapting to the technological landscape to enhance industry standards and patient care. As per forecasts, the healthcare market in the metaverse is anticipated to grow to a staggering $5.37 billion by 2030, with a compound annual growth rate (CAGR) of 48.3% from 2024 to 2030, primarily driven by North America. The Luxury NFT and Digital Fashion Exhibition was recently hosted at the Decentral Art Pavilion in Venice.

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Arab Health is delving into the realm of healthcare within the metaverse, with expectations for this industry to reach a staggering $5.37 billion in value by 2030, according to Metaverse Post.

At the Dubai World Trade Center, Arab Health is unveiling cutting-edge developments in healthcare technology through the Intelligent Health Pavilion.

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Arab Health takes a closer look at healthcare's evolution in the metaverse, projecting the market's worth to hit $5.37 billion by the year 2030.

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