Home › News Updates › OZY Cites MarketsandMarkets as a Source for Current Market Trends in Medical Simulation Market
MarketsandMarkets was cited as a reference for current market scenario in an article on medical simulation market published by OZY.
Medical simulation is a technology used for training healthcare professionals using advanced technology, which helps the trainees to get real-scenario practice before they can handle actual situations. The worldwide market for medical simulation has shown a significant growth over the past few years, and will continue to do so in the near future as well. The market value is expected to reach $2.6 Billion by the end of 2019, growing at a CAGR of 19.1% from 2014-2019, owing to increased healthcare costs, growing technology, and increased focus on patient safety.
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Report mentioned in the above news is,
Healthcare/Medical Simulation Market by Product (Patient Simulator, Surgical Simulator, Web-based simulation, Simulation Software, Dental Simulator, Eye Simulator), End-User (Academics, Hospitals, Military) & by Services - Global Forecast to 2019
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