Medical Simulation Market worth $7.23 billion by 2030
The report "Medical Simulation Market by Offering (Anatomical Models [Patient (High Fidelity), Surgical (Laparoscopic, Ortho, Gynae), Trainers, Ultrasound], Software), Technology (3D Printing, Virtual Patient, Procedural Rehearsal), End User - Global Forecast 2030" is projected to grow from USD 3.50 billion in 2025 and to reach USD 7.23 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period.
Browse 350 market data Tables and 55 Figures spread through 380 Pages and in-depth TOC on "Medical Simulation Market by Offering (Anatomical Models [Patient (High Fidelity), Surgical (Laparoscopic, Ortho, Gynae), Trainers, Ultrasound], Software), Technology (3D Printing, Virtual Patient, Procedural Rehearsal), End User - Global Forecast 2030"
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Global demand for the medical simulation industry is rising significantly, with a focus on advanced simulation-based training solutions that help fill gaps in healthcare professionals' existing skill sets while promoting patient safety. Government agencies are also supporting the healthcare simulation industry by advancing simulation programs, conducting military contract simulations, and funding academic simulations. Gaumard Scientific assists the government in providing funding opportunities for emergency training, while Mentice AB develops virtual reality simulation solutions for vascular training funded by the military. 3D Systems and Limbs & Things assist the government in providing funding opportunities for surgical and maternity training. These highlight sustained public-sector commitment and long-term growth opportunities for medical simulation providers globally.
“Healthcare simulation anatomical models segment accounted for the largest share of the medical simulation market, by offering, in 2024.”
The medical simulation market, by offering, is segmented into medical simulation anatomical models, web-based simulation, healthcare simulation software, and healthcare simulation training services. In 2024, the healthcare simulation anatomical models segment accounted for the largest market share. Their cost-effectiveness compared with live-patient training, combined with the growing popularity of minimally invasive procedures, improvements in surgical techniques, and funding for simulation-based training programs, continues to fuel their popularity and reinforces their leading position in this market segment. Their cost-effectiveness compared with other training procedures continues to fuel their popularity and reinforces their leading position in this market segment. The growing use of minimally invasive procedures and improvements in techniques and funding for simulation-based training programs reinforce their leading position in this segment.
“Virtual patient simulation segment to record the highest CAGR in the medical simulation market, by technology.”
The medical simulation market is segmented by technology into virtual patient simulation, 3D printing, and procedural rehearsal technology. Among these, the virtual patient simulation segment is expected to register the fastest growth rate during the forecast period. The use of virtual and augmented reality helps learners train and simulate clinical scenarios and decision-making situations in lifelike, realistic settings. For example, MediSim VR and KD Hospital launched India’s first VR nurse training laboratory in June 2024. This clearly shows an increased strategic focus on virtual patient simulation as a revolutionary tool in modern medical education and clinical training.
“North America accounted for the largest share of the medical simulation market in 2024.”
In 2024, North America led the medical simulation market, driven by relentless investment in mobile simulation technology and rural healthcare simulation training. Among the key highlights of mobile simulation technology development is the June 2024 announcement of the Washington State University Mobile Simulation Program. Additionally, in May 2024, Parkview Health launched the Parkview Health Mobile Medical Training Lab, based in the state of Indiana, US, aimed at addressing a particular gap in the rural landscape through simulation-based learning in remote locations. These initiatives highlight North America’s resolve to rise to the challenge of ensuring increased access to simulation-based learning models.
Key Market Players
The key players functioning in the medical simulation market include CAE Inc. (Canada), Laerdal Medical (Norway), Gaumard Scientific Co. (US), Kyoto Kagaku (Japan), Limbs & Things (UK), Mentice AB (Sweden), Simulab Corporation (US), Simulaids (US), 3B Scientific (Germany), and Surgical Science Sweden AB (Sweden), among others.
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