Virtual reality surgical training platform Osso VR raises $66M. Osso VR competitors include FundamentalVR, ImmersiveTouch, Precision OS, Proprio, SentiAR, TrueVision Systems, and Augmented Intelligence.

Osso VR, a surgical training tech startup, has raised $66M in a Series C that drew participation from GSR Ventures, Oak HC/FT Partners, and Tiger Global Management, among others.

How’s the company performing?

• California-based Osso VR trains surgeons and other healthcare professionals on various procedures within a virtual environment.
• The company claims that its platform facilitates a 230% to 306% increase in skill transfer.
• Its medical device partners include Stryker, Zimmer Biomet, Johnson & Johnson, and Smith+Nephew.
• The company is currently supported by over 150 employees.

Source: Osso VR

Why does the market matter?

• The virtual reality in healthcare market is expected to grow at a CAGR of 39.98% and reach a value of $42.8B by 2028, according to Verified Market Research.
• The need to elevate procedural accuracy and precision while lowering costs has contributed to market growth.
• Demand for remote and contactless treatment options has increased amid the pandemic.

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