Press release
Medical Simulation Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029
The global medical simulation market is anticipated to grow at a considerable CAGR of 13.3 % during the forecast period. The key companies across the globe are adopting different business strategies including expanding their geographic presence, R&D activities, new product approvals, mergers & acquisitions, partnerships, and collaborations to increase market share. For instance, in April 2020, CAE Inc. had announced the collaboration with Area9 Lyceum, one of the leaders in adaptive learning. This collaboration was done to provide clinicians with an online COVID-19 Ventilator Reskilling course. The company can quickly instruct physicians with varying levels of experience in ventilator control to attain the needed competencies for optimal treatment using the Area9 Lyceum adaptive learning platform. More than 65,000 laboratory experts have been certified on the COVID-19 course established by Area9 Lyceum and renowned laboratory specialists.Further, in April 2020, 3D Systems collaborated with Ben Gurion University in Israel and Beer-Sheva University in Israel. The goal of the cooperation was to create training modules that would allow physicians to learn how to use ultrasound equipment to perform quick and accurate lung diagnostics and enhance Covid-19 Triage. Besides, the market growth is mainly attributed to the rise in the number of medical professionals across the globe. As per the estimation of NCBI, there were more than 60 million healthcare workers in the world out of which 1.77 million were skilled ones in 2019. Moreover, as per the estimation of NSSO (National Sample Survey Office), the current estimate of 1.77 million is estimated to reach 2.65 million in 2030. The Sustainable Development Goal 3 on health to have additional 9 million nurses and midwives and initiatives to achieve UHC (Universal health coverage) for the need of 18 million more health workers by 2030 in undeveloped and emerging economies is estimated to drive the growth of the market.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Products & Services
By Technology
By End-Users
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- 3D Systems, Inc., Mentice AB, Moog Inc., Gaumard Scientific Co., Inc., CAE Inc., Laerdal Medical AS, and Kyoto Kagaku Co. Ltd., among others.
Medical Simulation Market Report Segment
By Product & Service
Web-Based Simulation
Simulation Software
Performance Recording Software
Virtual Tours
Model-Based Simulation
Patient Simulators
Ultrasound Simulators
Surgical Simulators
Endovascular Simulators
Others (Dental Simulators and Eye Simulators)
Simulation Training Services
Vendor-Based Training
Educational Societies
Custom Consulting & Training Services
By Technology
Low Fidelity Simulators
Medium Fidelity Simulators
High Fidelity Simulators
By End Users
Academic Institutes & Research Centers
Hospitals
A full Report of Medical Simulation Market is Available at: https://www.omrglobal.com/industry-reports/medical-simulation-market
Medical Simulation Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Company Profiles
3B Scientific GmbH
3-Dmed
Adam, Rouilly Ltd.
Anesoft Corp.
Altay Scientific Group Srl
Charles River Analytics, Inc.
Education Management Solutions, LLC
EMD Services Ltd.
FlexSim Software Products, Inc.
Gaumard Scientific Co., Inc.
IngMar Medical, LLC
NAR Training, LLC
KaVo Dental GmbH
Limbs & Things, Ltd.
Intelligent Ultrasound Group
MEDICAL-X
Minerva Medical Simulation Inc.
Moog Inc.
Simendo B.V.
Simulaids Ltd.
SimX, Inc.
Surgical Science Sweden AB
TruCorp Ltd.
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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Medical Simulation Market -
Medical Simulation Market by Product & Service, Fidelity, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global medical simulation market was valued at $986 million in 2016, and is projected to reach $2,526 million by 2023, growing at a CAGR of 14.3% from 2017 to 2023. By product & service, the model-based simulation held more than half of the global medical simulation market in 2016.
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