Healthcare Education Solutions Market

GE Healthcare (US), Siemens Healthineers (Germany) and Koninklijke Philips (Netherlands) are leading players in Healthcare Education Solutions Market

The global healthcare education solutions market is projected to reach USD 13.3 billion by 2023 from USD 9.3 billion in 2018, at a CAGR of 7.4%. Growth in the healthcare education solutions market can be attributed to factors such as changing technologies in the healthcare industry that is leading to increased training needs, growing penetration of online learning, and CME programs gaining momentum due to stringent regulatory mandates.

The major players in the healthcare education solutions market include GE Healthcare (US), Siemens Healthineers (Germany), Koninklijke Philips (Netherlands), Johnson & Johnson (US), and Medtronic (Ireland). Analysis of the market developments between 2015 and 2018 revealed that several growth strategies, such as partnerships & agreements, expansions, service launches, along with strategic acquisitions, were adopted by the market players to strengthen their product portfolios and maintain a competitive position in the healthcare education solutions market.

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In 2017, GE Healthcare was the largest player in the healthcare education solutions market. The company has been providing world-renowned training programs for more than five decades. The company has planned to invest over USD 1 billion in expanding its educational offerings to reach more than two million healthcare professionals worldwide by 2020. GE has also developed the Skill India Initiative, which aims to bring together healthcare and education experts to train and educate more than 100,000 new and existing healthcare professionals in India over the next five years. This collaboration with the Government of India is expected to expand GE’s healthcare education portfolio significantly.

In 2017, Siemens Healthineers (Germany) was the second largest player in the healthcare education solutions market. The company aims to provide patient care through continuous education and skill development, leveraging the latest technical and clinical knowledge. The company is focusing on providing personalized Education Plan (PEP), which was launched in 2015 to incorporate virtual education methods into its education and training offerings portfolio. Siemens Healthineers also focuses on inorganic growth strategies, such as partnerships and agreements to expand its market presence. For instance, in 2016, the company signed a MoU (Memorandum of Understanding) with the Pham Ngoc Thach Medical University to enhance the quality of continuing medical education in the field of diagnostic imaging, especially ultrasound.

In 2017, Koninklijke Philips (Netherlands) was the third largest player in the healthcare education solutions market. Leveraging the Philips Learning Center, the company is currently helping train more than 140,000 registered healthcare practitioners in more than 100 countries. The Philips Learning Center has provided healthcare professionals with access to accredited clinical content since 1999. In addition to 300 online courses, it also provides synchronous training, symposia, and webinars through the Philips Virtual Classroom Network. The educational course offerings are designed in learning paths that is expected to enhance the learning experience efficiently. This allows professionals to get a customized learning experience. Philips has a strong education focus in the Middle East, which includes competency-based programs as well as advanced applications training. These courses are offered through on-site, overseas, and online training programs.

Related Reports:

Healthcare Education Solutions Market by Delivery Mode (Classroom-based, E-Learning), Application (Cardiology, Internal Medicine, Radiology, Neurology, Pediatrics), End User (Physicians, Non-Physicians) - Global Forecasts to 2023

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Report Code
HIT 6897
Published ON
Feb, 2019
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