HOME Press Releases Healthcare/Medical Simulation Market worth 2.27 Billion USD by 2021



Healthcare/Medical Simulation Market worth 2.27 Billion USD by 2021


The report "Healthcare/Medical Simulation Market by Product & Services (Patient Simulator, Task Trainers, Surgical Simulator, Web-based Simulation, Software, Dental Simulator, Eye Simulator), End User (Academics, Hospital, Military) - Global Forecast to 2021", The healthcare/medical simulation market witnessed healthy growth rate during the last decade and is expected to grow at a CAGR of 15.2% between 2016 and 2021 to reach USD 2.27 Billion by 2021. The growth in this market is mainly attributed to factors such as increasing healthcare costs, technological advancements, increasing demand for minimally invasive treatments, rising focus on patient safety, and increasing consolidation of market players.

     Download PDF Brochure     Speak to Analyst     Inquiry Before Buying

Browse 158 market data Tables and 31 Figures spread through 224 Pages and in-depth TOC on "Healthcare/Medical Simulation Market by Product & Services (Patient Simulator, Task Trainers, Surgical Simulator, Web-based Simulation, Software, Dental Simulator, Eye Simulator), End User (Academics, Hospital, Military) - Global Forecast to 2021"
http://www.marketsandmarkets.com/Market-Reports/healthcare-medical-simulation-market-1156.html
Early buyers will receive 10% customization on reports.

The global healthcare/medical simulation market is segmented on the basis of products and services, end users and regions. Based on products and services, the medical simulation market is segmented into medical simulation anatomical models, web-based simulation, simulation software, and simulation training services. In 2015, medical simulation anatomical models accounted for the largest share of the healthcare/medical simulation market covers patient simulators, task trainers, surgical simulators, endovascular simulators, ultrasound simulators, dental simulators, and eye simulators. However, web-based simulation segment is expected to witness the highest growth in the next five years. The wide availability of internet services, controlled and predictable environment, and controlled access are some of the major drivers for this market.

The simulation software segment is further classified into performance recording software and virtual tutors. The simulation training services are classified into vendor-based training services, custom consulting services, and educational societiesí services. Furthermore, on the basis of end users, the market is classified into academic institutions, hospitals, military organizations, and others.

The academic institutes end user segment accounted for the largest share of healthcare/medical simulation market. This large share for academic institutes is due to increasing awareness of patient safety, focus on minimizing medical errors, and the rising number of medical school enrollees. In addition, the rising educational grants and the improvement of healthcare infrastructure are expected to support the growth of this segment.

In 2015, North America was the major market for medical simulation products and services, followed by Europe and Asia-Pacific. The highest market share of North America and European regions is primarily attributed to the presence and expansion of major medical simulation companies through acquisitions which has improved the accessibility of medical simulation products and services in this region. However, the future growth of the medical simulation market will be driven by the Asia-Pacific and Latin American regions. This is mainly attributed to the continuous efforts of Asian economies toward the development of the healthcare sector in this region. These economies have modified regulations and monitored the implementation of procedures, policies, and guidelines to promote innovation and commercialization. This is attracting many homegrown entrepreneurs as well as global leaders to the region. The increasing number of hospitals, academic institutions, and medical devices propel the market for medical simulation. Moreover, increasing focus on medical education, training, and research in India and China showcases great potential for the medical simulation market in this region.

Laerdal Medical AS (Norway) and CAE, Inc. (Canada) held the major share of the healthcare/medical simulation market and will continue to dominate the market between 2016 and 2021. Other major players operating in this market are 3D Systems, Inc. (U.S.), Simulab Corporation (U.S.), Simulaids, Inc. (U.S.), Limbs and Things, Ltd (U.K.), Kyoto Kagaku Co., Ltd (Japan), Mentice AB (Sweden), Surgical Science Sweden AB (Sweden), and Gaumard Scientific Company, Inc. (U.S.).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model Ė GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&Mís flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports