Patient Simulators Market Size to hit USD 2,373.1 Million by 2025 - The Insight Partners

According to The Insight Partners 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 - By Product
Adult Patient Simulator
Infant Simulator
Childbirth Simulator

Global Patient Simulators Market - By End User
Academic Institutes
Hospitals
Military Organizations

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.

Strategic Insights:
Product launch/update and agreements & collaborations were observed as the most adopted strategy in global patient simulator industry. Few of the product launches and agreements made by the players in the market are listed below:

2018: 3D Systems launched Simbionix ARTHRO Mentor Express training simulator which designed to help medical professionals learn and perfect surgical procedures for knees, shoulders and hips on a portable and affordable tabletop platform.

2016: CAE Healthcare and the American Society of Anesthesiologists (ASA), together signed a collaborative agreement to design and develop an interactive screen-based simulation product.

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