Patient Simulators Market to explore Major Technological Advancemnets by 2025 profiling Leading Players - Kyoto Kagaku, Simulab Corporation, Simulaids, Surgical Science, Mentice ABsoftware that replicate normal and abnormal bodily answers to asthma attack and therapeutic interventions. Costs associated with the use of medium- and high-fidelity manikins were calculated to determine the total cost for each. The cost-utility analysis with the help of multiattribute utility function was conducted for the combination costs and three outcomes of clinical reasoning, knowledge acquisition and student satisfaction from a quasi-experimental study to arrive at an overall cost utility.
For instance, 3B Scientific Patient Care Manikin BASIC, for simulation in healthcare was developed for scenario-based training of basic patient care and nursing skills. The simulator costs approximately US$ 2700. Moreover, the 3B Scientific Birthing Simulator P90 PRO is developed for the skill training in normal deliveries, in complicated deliveries and in obstetric emergencies. This simulator costs around US$ 1500.
According to a new market research study titled ‘Patient Simulators Market to 2025 - Global Analysis and Forecasts by Product and End User. The global patient simulators market is expected to reach US$ 2,373.1 Mn in 2025 from US$ 694.6 Mn in 2017. The global patient simulators market is estimated to grow with a CAGR of 16.8% from 2018-2025. The report highlights the trends prevalent in the global patient simulators market and the factors driving the market along with those that act as deterrents to its growth.
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Global patient simulators market, based on the product was segmented into adult patient simulator, infant simulator, and childbirth simulator. In 2017, the adult patient simulator segment held a largest market share of 50.3% of the patient simulators, by product. This segment is also expected to dominate the market in 2025. The growth of the market is primarily attributed to the use of adult patient simulators in various training programs across the globe and also the segment is expected to grow with the fastest growth rate of 16.8% during the forecast period, 2018 to 2025.
Global Patient Simulators Market - By Product
-Adult Patient Simulator
Global Patient Simulators Market - By End User
The market for global patient simulators is expected to grow as increasing demand for minimally invasive treatment methods, growing technological advancement and rising focus on patient safety in the market. Additionally, the future trend such as virtual reality and augmented reality in patient simulators in the patient simulators market is expected to increase in the forecast period.
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North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period, whereas the market is expected to witness growth at a significant rate in Asia Pacific (APAC) region during the forecast period. The Asia Pacific patient simulators market is expected to grow with CAGR of 18.1% to US$ 412.7 Mn 2025 from US$ 110.6 Mn in 2017. Factors such supportive government guideline, product innovations in Japan as well as presence of startup companies operating in patient simulators market are likely to grow the market in the forecast period.
Increasing Demand for Minimally Invasive Treatment Methods-
A minimally invasive medical procedure is generally carried out by entering the device in body through the skin or through a body cavity or anatomical opening, but with the smallest damage possible to these structures. Minimally invasive surgeries are being performed widely during the recent years.
In the last few years, remarkable development has been made in the field of cardiovascular disease treatment. However, these complex medical procedures require a combination of rich experience and technical skills. The complex treatment of the cardiovascular diseases are made easier with the help of simulators. The system can generate realistic 3D vascular models segmented from patient datasets, which include a beating heart, and deliver a real-time computation of force and force feedback module for patient simulators.
The medical simulators offer clinicians the most realistic hands-on experience in medical training using surgical simulators to perform minimally invasive surgery (MIS) and interventional procedures, at the least patient risk. Nowadays, there are laparoscopic surgery simulators with haptic or tactile feedback, wet-lab courses involving live animals in laparoscopic or microsurgery, and virtual reality computer programs addressing a widening range of surgical and interventional procedures.
GO-SMART is a European FP7 ICT-Project initiated in April 2013, which aims to build a generic open-source software simulation environment to plan the image guided percutaneous minimally invasive cancer treatment (MICT). The environment allows the interventional radiologist (IR) in selecting the optimal type of MICT by pretending the personalized result of the different treatments and medical protocols in patient specific conditions.
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