Press release
$718.1 Million Patient Simulators Market is expected to grow at 16.3% of CAGR till 2025 led by Simulaids, 3D Systems, VirtaMed AG, Altay Scientific Group, Gaumard Scientific, Ambu A/S, SIMStation GmbH
The Insight Partners
Virtual reality (VR) is the combination of human senses that include touch & sight, hearing, with software & hardware to create an immersive examining virtual environment. VR is a three-dimensional (3D) computer generated environment that an individual can explore and interact with, and also perform a series of actions or manipulate objects within the environment. Augmented reality (AR) is comprised of virtual reality superimposed into the real life, where users are able to interact with virtual contents of the real world. There are a number of various advancements in VR for training and planning, which include a specific task trainers. For example, ventricular drain insertion trainers, simulators for training or planning the approach. Virtual reality (VR) simulators established on interactive computer graphics have had a marked impact on the skill level of military and commercial pilots, and may hold similar promise for the medical field. Procedural training using VR simulators has been found to improve clinical performance.
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Major Players Operating in the Patient Simulators Market
1. CAE Healthcare
2. Laerdal Medical
3. 3D Systems, Inc.
4. VirtaMed AG
5. Altay Scientific Group S.r.l.
6. Gaumard Scientific
7. Ambu A/S
8. SIMStation GmbH
9. Simulaids
10. Mentice AB
According to a new market research study titled Patient Simulators Market to 2025 – Europe Analysis and Forecasts by Product and End User. The Europe patient simulators market is expected to reach US$ 718.1 Mn in 2025 from US$ 217.2 Mn in 2017. The Europe patient simulators market is estimated to grow with a CAGR of 16.3% from 2018-2025.The market is expected to grow due to increasing demand for minimally invasive treatment methods, however, the high cost of patient simulators is hindering the market.
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Europe patient simulators market, based on end user was segmented into academic institutes, hospitals, and military organizations. In 2017, the academic institutes segment is expected to dominate the market based on the end user contributing a share of 41.9%. This is primarily attributed to rising training programs in the academic institutes using simulators. Moreover, academic institutes segment is anticipated to grow at a fastest growth rate of 16.9% during the forecast period.
The objective of the study is to describe, define, and forecast the patient simulators market by product, end user and country. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall market.
The report analyzes factors affecting patient simulators market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all countries namely; Germany, France, UK, Italy and Spain after evaluating political, economic, social and technological factors effecting the market in these countries.
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About Us – The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Healthcare IT, Biotechnology and Medical Device industries.
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: http://www.theinsightpartners.com
About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Healthcare IT, Biotechnology and Medical Device industries.
Contact us -
Contact Person : Sameer Joshi
Phone : +1-646-491-9876
Email Id : sam@theinsightpartners.com
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