Studies have already shown that VR can ease certain phobias, treat PTSD, help people with psychotic disorders experience less paranoia and anxiety in public settings, and reduce social anxiety and cope with depression and loneliness. To date, due to cost and technology limitations, VR has not been widely available as a treatment. VR-enabled therapy is a proven way to deliver rapid, lasting improvements in mental health. Multiple clinical trials show how results are at least as good as, if not better than, face-to-face therapy.
Virtual Reality is one of the technologies with the highest projected potential for growth. According to the latest forecasts from IDC Research (2018), investment in VR and AR will multiply 21-fold over the next four years, reaching 15.5 billion euros by 2022.
