Overview

Global Medical Simulation Market is estimated to value over USD 3.7 billion by 2026 end and register a CAGR of over 14% during the forecast period 2019 to 2026.

The medical simulation market growth is encouraged by factors like enlightening the medical fraternity about the evolution of medical technology, associated benefits of medical simulation and a growing emphasis on patient safety and outcome such as illustrating normal and complex cases to professionals. 

Nonetheless, high simulation set-up cost and other related costs are predicted to restrain the medical simulation market growth of medical simulation market. Additionally, the limitation of a complete real situation impedes the growth of the medical simulation industry. On the contrary, profitable opportunities in emerging economies are predicted to create opportunities for medical simulation market growth soon. Furthermore, according to an article published by NCBI, more than 200,000 patients die annually owing to medical errors, which makes it the third leading cause of death in the world. The invention of simulation in healthcare has significantly reduced the number of deaths related to unsafe care. These factors are expected to boost the medical simulation market growth in the upcoming years.

 

Key market players include Cae, 3D Systems, Laerdal Medical, Gaumard Scientific Company, Kyoto Kagaku, Limbs & Things, Mentice, Simulab, Simulaids, Medaphor. 

  

Global Medical Simulation Market Segmentation:

By Product & Service 

  • Anatomical Models
    • Patient Simulators

> High-Fidelity Simulators

> Medium-Fidelity Simulators

> Low-Fidelity Simulators

o Task Trainers

o Interventional/Surgical Simulators

> Laparoscopic Surgical Simulators

> Gynecology Surgical Simulators

> Cardiac Surgical Simulators

> Arthroscopic Surgical Simulators

> Other Interventional/Surgical Simulators

o Endovascular Simulators

o Ultrasound Simulators

o Dental Simulators

o Eye Simulators

· Web-Based Simulation

· Medical Simulation Software

o Performance Recording Software

o Virtual Tutors

· Simulation Training Services

o Vendor-Based Training

o Educational Societies

o Custom Consulting & Training Services

By End User 

  • Academic Institutes
  • Hospitals
  • Military Organizations
  • Other End Users

 By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

 

FutureWise Key Takeaways:

● Growth Prospects

● SWOT Analysis

● Key Trends

● Key data-points affecting market growth

 

Objectives of the Study:

• To provide with an exhaustive analysis on the global medical simulation market by product & service, by end-user and by region 

• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)

• Evaluate and forecast micro-markets and the overall market 

• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America and Middle East & Africa

• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

• Profiling of companies to evaluate their market shares, strategies, financial and core competencies

$3450

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics