Global General Medicine Education Publishing Market to Reach US$3.6 bn by 2018 owing to Growing Opportunities in Hospital Collaborations

Transparency Market Research has published a new report on the global general medicine education publishing market. According to the report, the global general medicine education publishing market is expected to expand at a 6.80% CAGR during the period between 2013 and 2018. The report, titled ‘General Medicine Education Publishing Market - Global Industry Size, Market Share, Trends, Analysis And Forecast 2012 - 2018’, states that the global general medicine education publishing market is predicted to progress from US$2.4 bn in 2012 to US$3.6 bn by 2018.

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The online education industry was worth close to US$100 bn by 2015. Rapid developments in the online education system in the recent past have propelled the global general medicine education publishing market. Many organizations, from corporations to public schools, are opting to train their employees and students using the internet. Also, the growth of the custom content publishing market is predicted to propel the global general medicine education publishing market in the years to come. Increasing occurrence of lifestyle-induced illnesses is also predicted to accelerate the growth of the global general medicine education publishing market in the next few years.

The global general medicine education publishing market is segmented on the basis of region and type of publishing. Based on the type of publishing, the global general medicine education publishing market is divided into electronic and online publishing and print publishing. The electronic and online publishing segment is sub-segmented into online reference tools, mobile applications, electronic and digital textbooks and reference books, multimedia content, testing and self-assessment, hospital training, and distance learning. The print publishing segment is sub-segmented into custom content publishing, print textbooks and reference books, testing and self-assessment, hospital training, and distance learning.

The custom content publishing segment is expected to hold a share of 57% in the global general medicine education publishing market by 2018. The custom content publishing segment is predicted to maintain its dominant position due to the high price of publishing custom content. Rising demand for e-books and the increasing number of students opting for online education have boosted the global general medicine education publishing market. With the increasing number of online education applications from new entrants, the global general medicine education publishing market is expected to be more competitive for the leading players in the years to come.

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By region, the global general medicine education publishing market is divided into Europe, Asia, North America, and Rest of the World. In 2012, North America dominated the global general medicine education publishing market in terms of revenue. The North America general medicine education publishing market is predicted to occupy a dominant share of 51.9% in the global general medicine education publishing market by 2018. Springer Books, Wolters Kluwer, McGraw-Hill, Kaplan, Reed Elsevier, and John Wiley & Sons Inc. are some of the leading companies operating in the global general medicine education publishing market.

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