Metaverse Paving the way for Health 4.0

1. A market research report on Metaverse: Paving the way for Health 4.0

2. This reports covers: 1. Metaverse in Healthcare: Definition 2. Transformation of Healthcare by Metaverse • Immersive Training • Digital Diagnostics • Patient and Caregiver Wellness • Care planning and Delivery • Virtual Therapeutics • Interoperability 3. Challenges of Metaverse • Privacy and Data Security • High Cost of Technology • Gaining Traction from Audience 4. Major Players Integrating Metaverse in Healthcare 2

3. Metaverse in Healthcare: Definition The Metaverse in Medicine can be defined as the medical Internet of Things facilitated using AR and VR glasses Three major channels fueling the use of metaverse in healthcare Telemedicine Post COVID, the use of telemedicine gained traction from around 43% of healthcare facilities delivering remote therapy to patients, rose up to 95% Metaverse will offer a virtual office where patients and doctors can consult in a 3D clinic or any other setting In safe settings where every encounter can be properly watched and managed, patients can interact with situations that make them anxious Blockchain Digital Twins Patient might be the patient's digital twin in the metaverse Digital twin is an online healthcare service specialized in occupational health, will eventually be used as “test dummies” for individuals, predicting everything from how we will recover from surgery to how we would react to specific medicines Blockchain is a crucial component of the metaverse in the field of healthcare since it enables decentralised communities managed democratically through smart contracts and a record of digital "ownership" of surroundings or even things in the virtual world Most well-known application of blockchain in healthcare is the administration and protection of our extremely precious health data • • • • • • • 3

4. Transformation of Healthcare by Metaverse (1/2) Immersive Training: The metaverse places the student in whichever environment they require. Consider virtual experiences that help teach sensitivity and empathy by placing providers in the patient's shoes. Medical students can safely practise operations in simulated operating rooms, and surgeons can model surgeries using digital twins of organs to examine potential outcomes without putting a patient at risk Digital diagnostics Through augmented reality, we may enable various diagnostics by using movement, location, and interactivity. For example, by observing eye movements, medical professionals can notice neurological indicators or ocular disorders like glaucoma Patient and caregiver wellness Patients and carers can learn in the metaverse just like clinicians can. Doctors can explain and even demonstrate illness symptoms and treatment options using immersive environments. These settings can aid in teaching carers how to take care of a family member at home. Better health literacy and greater adherence to care plans can result from improved educational experiences, which can eventually improve results 4

5. Transformation of Healthcare by Metaverse (2/2) Care planning and delivery: Immersive technologies support the next development of care planning and procedural preparation by simulating procedures. For instance, Accenture and Microsoft collaborated to transform surgery in Mexico and Latin America. During operations, surgeons can use augmented reality to view patient records, X-rays, CT, and MRI scans. Clinical staff can benefit from real-time data sharing in less complex circumstances as well. First responders can have real- time live video and audio communication with distant doctors using RespondEye's augmented reality technology Virtual therapeutics To assist patients with pain management, neurological problems, behavioural health, and physical health, new digital therapies are leveraging extended reality technologies. BehaVR uses an evidence-based platform to immerse patients in virtual worlds while providing them with tools and lifetime coping mechanisms that help them deal with stress, anxiety, and terror Tokenization and interoperability Users may securely own, share, and manage patient, provider, and payer data with the use of web3, blockchain technology, and other advancements (e.g., digital health identity and record management, secure payments, rewards and incentives leveraging NFTs) 5

6. Challenges of Metaverse in Healthcare and Patient Care Privacy and Security in Metaverse • Increasing technology innovations and awareness among the patients have raised immense concerns around the privacy and security of the data in Metaverse High Cost of Technology • High-tech equipment, such as eyewear, gloves, sensors, and other wearables that can read patients' vital signs, are required to enable healthcare to reach its full potential, is too expensive which limits to those who can afford it Gaining Traction from Audience • For metaverse, gaining the market traction is solely dependent on the adaption and acceptation of this new tech in the market, elderly people or the rural population who are less tech savvy would hamper this emerging technology 6

7. Major Companies Integrating Metaverse in Healthcare LATUS HEALTHCARE iMining Apollo Hospitals Apollo hospital group has announced a unique collaboration with ‘8chili Inc’ to enable engagement within the metaverse A first-of-its-kind initiative, will enable pre/post-operation patient counseling through VR, enabling increased patient engagement as well as providing skill mastery for hands-on training to the healthcare workers • Developing a “virtual hospital”. It comprises a Virtual Reality(VR) hospital environment, where treatments will at first be focused on physiotherapy services First component to be offered by 2022 was a mental health clinic offering services primarily in virtual reality First-ever hospital foundation to be launched in the Decentraland Metaverse Supports the largest free- standing, comprehensive tertiary rehabilitation hospital in Canada, serving patients of all ages who require complex rehabilitation to enable them to participate in life to the fullest • • • • • 7

8. Major Companies Integrating Metaverse in Healthcare Please buy the full report for more information 8

9. Who should buy this report? HealthTech Companies MedTech Players Other Lifesciences Companies Pharmaceutical Players Digital Health Entities

10. Topics of Upcoming Reports Patient Engagement- a New Standpoint on Care that is Patient-Centered Cost of this report: $2,500 E-Rx, the Digital Version of Prescription Improvising the Chances of Better Patient Outcomes Annual Subscription: $125,000 $60,000 (Includes a total of 50 reports) Integration of Healthcare Systems with Big Data and Data Silos www.insights10.com

11. Methodology & Scope

12. Research Methodology Insights 10’s research methodology delves deeper into the market, covering the macro and micro aspects of the industry. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future industry growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions We implement a mix of primary and secondary research for our market estimate and forecast. The secondary research forms the initial phase of our study where we conduct extensive data mining, referring to verified data sources such as independent studies, government and regulatory published material, technical journals, trade magazines, and paid data sources For forecasting, the following parameters are considered: ❑ Market drivers and restraints along with their current and expected impacts ❑ Technological scenario and expected developments ❑ End use industry trends and dynamics ❑ Trends in the consumer behavior ❑ Regulatory scenario and expected developments ❑ Current capacity and expected capacity additions up to 2030 We assign weights to these parameters and quantify their market impacts using the weighted average analysis to derive the expected market growth rate We appoint data triangulation strategies to explore different areas of the market. Our qualitative and quantitative assessments are time- sensitive, reflecting the most recent value and volume of the market across regions All our estimates and forecasts are verified through exhaustive primary research with the Key Industry Participants (KIPs) Currency used in the report is the US dollar (USD), with the market size indicated in USD million/billion (Mn/Bn) ▪ ▪ ▪ ▪ ▪ ▪ ▪ 12

13. Analysis Methodology Our Analysis Methodology involves three critical stages: Market Data Analysis & Statistical Model Interpretation & Presentation Data Collection Analysis & Interpretation Market Trends Secondary Research Market Sizing & Analysis Insights Primary Research Presentation & Reporting Data Triangulation & Validation 13

14. Data Triangulation & Data Validation Top Down Approach Final Market Size Final Market size break up to rest of segmentation Validation from Primary Interview Arriving at market size of each segment Summarization of revenue generated from companies to arrive at total market size Validation from Primary Interview Revenue generated by products & services offered by companies Final Summary Bottom Up Approach 14

15. Key Benefits for Stakeholders from this Report Study provides an in-depth analysis of the market with current trends and future estimations to elucidate the imminent investment pockets Our tools provides stakeholders with a cohesive understanding of the industry outlook, considering the qualitative and quantitative industry variables Comprehensive analysis of factors that drive and restrict the market growth is provided Comprehensive quantitative analysis of the industry from 2021 to 2030F is provided to enable the stakeholders to capitalize on the prevailing market opportunities Extensive analysis of the key segments of the industry helps understand the applications and technologies used globally Our rigorous data collection, thorough statistical analysis and specialist assessments ensure that our clientele has a greater understanding of the industry space, supply chain, price fluctuations, competitive landscape, and other vital factors 15

16. Time Frame Report Attribute Details Quantitative Units Revenue in USD Million/Billion (Mn/Bn) Base Year for Estimation 2021 Market Overview, Revenue Forecast, Market Segmentation, Growth Factors and Trends, Company Profiles, Competitive Landscape, Regulatory Landscape, Future Opportunities Report Coverage Report Customization (5 working days) with purchase. We will provide you with data that is currently not a part of our scope as a part of customization Customized Report Forecast Period 2022- 2030 Pricing and purchase options Avail customized purchase options to meet your exact research needs

17. What kind of Data is Presented in this Report? This report presents data, which is: Expert-verified Real Comprehensive Easy to read Reliable The data is prepared by a team of highly qualified & experienced research analysts & vetted by our local associates Covers everything you would need to know about the market including market size, competitive analysis & much more You do not have to be a market expert to understand what really is happening on the market and how it works Allowing you to confidently make smarter business and strategic decisions The report is prepared using a proven methodology and insightful research www.insights10.com

18. About

19. Lifesciences Market Research Reports you can trust A large database of over 30,000 syndicated market research reports in pharmaceuticals and healthcare sector at global, regional as well as country level. We also provide customized research reports tailor made to suit your needs www.insights10.com

20. Get Insights to take informed Business Decisions Insights10 is a healthcare focused market research firm founded with an aim of being an insights driven company in the data driven world and delivering actionable insights that can drive decision and strategy making process for businesses www.insights10.com

21. Market Research Reports across various domains of healthcare Pharmaceuticals (Diseases & Drugs) Digital Health Medical Devices Healthcare Services OTC & Clinical Trials Nutraceuticals

22. 1 Full-Time Engagement 6 Market Research Reports Customized Reports 2 7 Conference Coverage Our 8 3 Primary Research Competitive Intelligence Services 4 Strategic Research Projects 9 Regulatory Compliance 10 5 Report Subscription Services Database Services

23. Our Research Process 01 02 03 04 05 Identification of Data Market Dynamics Collection of Data Collaboration of Data Verification & Analysis www.insights10.com

24. Statistical Databases Company Websites/Annual Reports Data Sources Trade Publications We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. Online Databases Published Research Reports Whitepapers Press Releases of Key Market Players www.insights10.com

25. Over the years, we have developed an in-depth experience of executing market analysis at global, regional & country specific level in life sciences. Our team has conducted market research across 62+ global markets in America, Europe, Middle East, Africa and Asia Pacific regions Research Projects Done

26. Project Leadership Team Dr. Purav Gandhi Founder & CEO Mukesh Nayak Head - Marketing Ritu Baliya Engagement Manager Dhruv Joshi Consultant Purav is a physician and an entrepreneur with 12+ years of experience in Healthcare & Life Sciences industry spanning across strategy, market access, health informatics and RWE, Digital Healthcare, analytics and data science. Purav studied medicine from Gujarat University and also completed his MBA from IIM-Kozhikode. Purav started his career with Deloitte working on strategy consulting engagements and also co- founded ConvergeHealth by Deloitte. Mukesh is an engineering graduate with an MBA in Marketing. He is a seasoned healthcare market research & marketing professional with a progressive experience of over 20 years in Life Sciences, Pharma and Medical Device sectors . With an in-depth understanding of primary research, he has conducted hundreds of interviews of various stakeholders in pharma & healthcare & completed several research projects across life sciences industry. Ritu has over 6 years of experience in strategy building, market assessments, market sizing, and RWE for global MNC healthcare & biopharma clients across diff. markets (America, Europe, Africa, APAC and Middle East). Her areas of expertise include: Indentifying emerging trends in life sciences industry, Competitor landscape assessment, Disease opportunity assessments etc. She is a pro in secondary and primary research with a deep domain expertise in healthcare sector. Dhruv Joshi is an engineer and has done Masters in Hospital Administration with over 4 years of experience in the healthcare and life science industry. He has gained proficiency in market research, market assessment, and developing insights from it. He has worked on various consulting projects across different geographies including Asia, Europe, US, MENA. He has been aligned in working for sector reports of various geographies along with market sizing and forecasting.

27. 7 years of experience working with leading organizations in pharma, MedTech and healthcare domain. Some of our recent clients are mentioned below … and many more

28. We would be happy to help. Web: www.insights10.com Email: insights@insights10.com Call: (+91) 931 639 7935 Whatsapp: (+91) 931 639 7935