Medical Simulation Market Dominated by CAE, Inc. (Canada), Laerdal Medical AS (Norway), 3D Systems, Inc. (U.S.) and Simulab Corporation (U.S.)

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Key medical simulation market players are CAE, Inc. (Canada), Laerdal Medical AS (Norway), 3D Systems, Inc. (U.S.), Simulab Corporation (U.S.), Simulaids, Inc. (U.S.), Limbs and Things, Ltd (U.K.), Kyoto Kagaku Co., Ltd (Japan), Mentice AB (Sweden), Surgical Science Sweden AB (Sweden), and Gaumard Scientific Company, Inc. (U.S.).

The global medical simulation market is projected to reach USD 2.27 Billion by 2021, at a CAGR of 15.2% from 2016 to 2021. The market growth can be attributed to a number of factors such as increasing healthcare costs, rising focus on patient safety, and technological advancements. Medical simulation, is the modern day methodology for training healthcare professionals through the use of advanced educational technology. Simply put, medical simulation is the experiential learning every healthcare professional will need, but cannot always engage in during real-life patient care.

#Table of Content

1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Medical Simulation Market, By Product & Service
7 Medical Simulation Market, By End User
8 Medical Simulation Market, By Region
9 Competitive Landscape
10 Company Profiles
11 Appendix

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Geographically, North America is the major market for medical simulation, accounting for around half of the global market share, followed by Europe and Asia-Pacific. However, Asia-Pacific and Latin America possess lucrative growth potential for the medical simulation market during the forecast period. This is mainly attributed to the extensive customer base in these regions due to large base of aging population and rising prevalence of various disorders.

Medical simulation market anatomical models are further segmented into patient simulators, task trainers, surgical simulators, endovascular simulators, ultrasound simulators, dental simulators, and eye simulators. The surgical simulators market is further segmented as laparoscopic surgical simulators, arthroscopic surgical simulators, cardiovascular simulators, gynecology simulators, and others.

Target Audience:
• Medical Simulation Product Manufacturers
• Academic Institutes
• Hospitals and Clinics
• Military Organizations
• Research and Development (R&D) Companies
• Market Research and Consulting Firms
• Venture Capitalists and Investors

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Report analyzes various medical simulation and their adoption pattern. It aims at estimating market size and future growth potential of global medical simulation market for different segments such as product and service, end user,and region. Report also includes an in-depth competitive analysis of key players in this market along with their company profiles, product offerings, recent developments, & key market strategies.

North America was the major market for medical simulation products and services, followed by Europe and Asia-Pacific. The highest market share of North America and European regions is primarily attributed to the presence and expansion of major medical simulation companies through acquisitions which has improved the accessibility of medical simulation products and services in this region. However, the future growth of the medical simulation market will be driven by the Asia-Pacific and Latin American regions.

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