Medical Education Market Expects To Reach US$ 44 Billion In Valuation By 2027

The forecast period (2020-2027) calls for moderate growth in the medical education industry. By the end of 2027, the market value is anticipated to reach US$ 44 Bn, growing at a CAGR of 4.2%.

Investments in medical education have been spurred by the quick developments in healthcare infrastructure. In addition, particularly in developing nations, the number of medical schools has been rising.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=4842?PS

The ongoing COVID-19 pandemic is anticipated to burgeon the scope of medical education, particularly online courses. With governments imposing strict social distancing measures, online education has gained important traction. Rampant penetration of the internet and acquaintance with existing technology has enabled medical experts, professors, and scholars to schedule online classes through a variety of approaches.

With the growing popularity of online education, healthcare practitioners are devising novel ways to convey quality education to students. Some instances of technological enhancements in medical education include digital games, mobile devices, wearable technologies, and simulation software.

Strict social distancing norms execute by governments in the wake of the coronavirus pandemic have led to the closure of universities and colleges, prompting them to shift their courses online. This trend is anticipated to continue throughout the forecast period, as people will voluntarily choose to maintain social distancing even in the aftermath of the pandemic.

However, few students would still prefer to attend regular college post the pandemic as universities are provided with the required resources which otherwise may not be available externally.

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬:

• Asia Pacific promises to emerge as the fastest-growing medical education market over the forecast period, expanding market size at a CAGR of 4.4% and capturing almost 1/5th of the global market value
• Asia Pacific's market value is anticipated to expand 1.4x during the forecast period.
• The number of medical school enrolments in the U.S. registered an uptick of 25% upper in 2016 as compared to 2002..
• By mode of training, the adoption of online courses is expected to expand at a CAGR of 5.5% throughout the forecast period.
• By types of training, cardiothoracic training remains highly preferred over other types of training, capturing nearly one-fifth market share of the total market value.
• By type of organization, the school of medicine is expected to retain its dominance, capturing nearly 40% market share of the medical education market.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

With the rising popularity of online education, healthcare practitioners are devising novel ways to impart quality education to students which will boost the growth of the medical education market.
Rapid advancements in healthcare infrastructure have stimulated investments in medical education. In addition, the number of medical schools has been increasing, especially in developing economies which will improve the medical education market.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

The competitive landscape of the Medical Education Market focuses on competition has prompted global pharmaceutical and biotech companies, big hospitals, clinics & research centers to provide financial and traveling aid to facilitate the completion of medical education of students.

Collaborated with the University of New South Wales to launch a public health degree program in India. The objective of this course is to equip India's medical workforce to respond to major health challenges facing the country. This new Master of Public Health (MPH) program will assist in meeting the growing shortage of health professionals in India.

Similarly, Olympus Corporation offers its own medical education program through its university. The program is geared towards nurses, reprocessing technicians and biomeds. It offers its courses via sponsored webinars and certificate courses for reprocessing and endoscopic training.

Besides, various universities such as the Johns Hopkins University and Stanford University offer full-time highly specialized medical educational programs.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐛𝐲 𝐅𝐚𝐜𝐭.𝐌𝐑

Siemens Healthineers
CAE Healthcare
Apollo Hospitals
Johns Hopkins School of Medicine

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=4842?PS

𝐌𝐨𝐫𝐞 𝐯𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭:

Fact.MR, in its report, offers a market analysis of the global Medical Education Market the forecast period through 2022 and beyond. This survey reveals the growth of the health sector in the Medical Education Market with detailed segmentation as follows

Delivery Method

Internet Enduring Materials
Courses
Regularly Scheduled Series and Other Enduring Materials

Mode of Training

On-campus
Distance
Online

Types of Training

Cardiothoracic Training
Neurology Training
Orthopedic Training
Oral and Maxillofacial Training
Pediatric Training
Radiology Training
Laboratory
Others

Type of Organization

School of Medicine
Government/Military Organizations
Hospitals
Insurance Companies
Non-profit Organizations
Publishing or Education Companies
Others

Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)

𝐊𝐞𝐲 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐜𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭

What is the estimated CAGR for the medical education market from 2020-2027?
What is the expected market value for the medical education in 2027?
Which is the leading regional market for medical education?

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