Healthcare Simulation Market is Forecasted to Reach US$ 2.9 billion in 2026, Says Stratview Research

The global healthcare simulation market is projected to witness a growth rate of 12% annually from 2021 to 2026, with an anticipated size of US$ 2.9 billion by 2026, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global healthcare simulation market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
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Report Highlights:
Market Size in 2026: US$ 2.9 billion
Growth (CAGR): 12% during 2021-2026
Forecast Period: 2021-2026
Trend Period: 2015-2019
Base Year: 2020
Number of Segments Covered: 3
Number of Tables & Graphs: 100+

Segment Insights on the Healthcare Simulation Market:
The global healthcare simulation market is segmented based on product type, end-use type, and region.

Based on product type - The market has been segmented as patient simulators, surgical simulators, and ultrasound simulators. Patient simulators are further segmented as high-fidelity, medium-fidelity, and low-fidelity patient simulators. Patient simulators occupied a major market share of more than 65% in 2020, followed by surgical simulators and ultrasound simulators.
Both surgical and ultrasound simulators are further segmented into technology-based, web-based, and computer-based simulators. Among these additional classifications of simulators, the technology-based surgical and ultrasound simulators accounted for the dominant market shares.

Based on end-use type - The market is segmented by hospitals, academic & research institutes, and ambulances. Among these segments, the academic & research institute segment owned the major market share of more than 70% in 2020, followed by hospitals and ambulances.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/2287/healthcare-simulation-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

North America is expected to remain the largest market share for healthcare simulation and it held a revenue share of more than 50% in 2020. This region has the presence of a large number of major players such as CAE Inc., Laerdal Medical, Gaumard Scientific Company, and Nasco HealthCare, making the region the growth engine of the global healthcare simulation market. Most of the healthcare simulation providers have their presence in the region to address the requirements of the academic & research institutes and hospitals. Europe and Asia-Pacific are also likely to create sizeable opportunities in the coming five years, driven by an expected rebound in healthcare simulator demand coupled with a paradigm shift from medical mannequins to high-fidelity simulators.

Healthcare Simulation Market Drivers:

Some of the key drivers listed in the report are given below.
- Mental health practitioners are no exception when it comes to patient safety, and simulation technologies offer detailed and realistic training environments. This is expected to stimulate the growth of healthcare simulation technology demand.
- The healthcare simulation market is to increase with the help of technological developments such as augmented reality and virtual reality can provide more realistic simulation practices.
- The use of simulation to enhance medical training is growing in popularity because it gives students the opportunity to rehearse their skills on people dummies safely. This is expected to increase the demand for healthcare simulation technologies.

Top Companies in the Healthcare Simulation Market:
Stratview Research has identified the following companies as the top market players.
• 3B Scientific
• Intelligent Ultrasound
• Laerdal Medical
• Nasco Healthcare
• CAE Inc.
• Gaumard Scientific Company, Inc.
• 3D Systems
• Limbs & Things.
• Mentice
• Surgical Science

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the healthcare simulation market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their Market positioning?
• How complex is the business environment?
• What are the factors affecting the Market?

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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This release was published on openPR.