The news: Half of US residents say they want less expensive VR technology before entering the metaverse, according to a March 2022 Morning Consult survey of 4,420 US adults.
Why it matters: Digital health metaverse strategies depend on consumers getting their hands on VR hardware. So, it seems price will be an adoption barrier.
CVS and VR pain management startups are already making moves in the healthcare metaverse.
But VR hardware is pricey. AppliedVR’s tech costs upward of $3,000), per Medical Futurist. That could make consumers less willing to try VR-based therapy. Especially given their cost concerns.
Zooming out: Beside pricing, barriers like poor connectivity and lack of gov’t regulations will slow down the healthcare metaverse. Or, metaverses in any industry, really.
Earlier this year, Meta indicated that its metaverse won’t be possible unless there are sweeping improvements to telecom networks. Glasses and VR headsets need more advanced connectivity than tech like smartphones.
But establishing 5G speeds across the US will take time.
Plus, Congress has yet to introduce any regulations on VR or the metaverse yet.
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