Medical Simulation Market, By Products and Services (Products (Interventional/Surgical Simulators (Laparoscopic Surgical Simulators, Gynecology Surgical Simulators, Cardiac Surgical Simulators, Arthroscopic Surgical Simulators, and Others), Task Trainers, and Others) and Services & Software (Web-Based Simulation, Medical Simulation Software, Simulation Training Services, and Others), By Technology/Fidelity (High-Fidelity Simulators, Medium-Fidelity Simulators, and Low-Fidelity Simulators), By End User (Academic & Research Institutes and Hospitals), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Medical simulation is a modern way to train or educate healthcare professionals. It is a modern-day methodology for training healthcare professionals through advanced educational technology. It helps healthcare professionals or providers learn, practice, and assess their medical skills in the safe environment. Medical simulation offers numerous potential strategies for comprehensive and practical training, and safer patient care. It has four main purposes such as education, assessment, research, and health system integration in facilitating patient safety.
Market Dynamics:
Increase in the use of simulation in healthcare, increasing concerns over patient safety, increasing demand for minimally invasive treatments, technological advancements, and outbreak of COVID-19 are major factors expected to drive growth of the global medical simulation market.
For instance, in October 2022, Oxford Medical Simulation raised about € 2.4 million for its VR healthcare training. The company aims to meet the urgent need to train medical professionals more efficiently and help overcome current staffing crisis in healthcare. Moreover, in May 2021, NEJM Group and Education Management Solutions (EMS) signed an agreement to put the cutting-edge clinical diagnosis training program in front of every healthcare student in the United States.
Key features of the study:
- This report provides in-depth analysis of the global medical simulation market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022–2028), considering 2021 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global medical simulation market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Nasco, Simulaids Inc., Simulab Corporation, Mentice AB, Limbs & Things, Kyoto Kagaku Co. Ltd., Laerdal, Canadian Aviation Electronics, 3D Systems, Gaumard Scientific Company Inc., among others.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global medical simulation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical simulation market.
- Global Medical Simulation Market, By Products and Services:
- Products
- Interventional/Surgical Simulators
- Laparoscopic Surgical Simulators
- Gynecology Surgical Simulators
- Cardiac Surgical Simulators
- Arthroscopic Surgical Simulators
- Others
- Task Trainers
- Others
- Services & Software
- Web-Based Simulation
- Medical Simulation Software
- Simulation Training Services
- Others
- Global Medical Simulation Market, By Technology/Fidelity:
- High-Fidelity Simulators
- Medium-Fidelity Simulators
- Low-Fidelity Simulators
- Global Medical Simulation Market, By End User:
- Academic & Research Institutes
- Hospitals
- Global Medical Simulation Market, By Geography:
- North America
- Europe
- Asia-Pacific
- Middle East and Africa
- South America
- Company Profiles:
- Nasco
- Simulaids Inc.
- Simulab Corporation
- Mentice AB
- Limbs & Things
- Kyoto Kagaku Co. Ltd.
- Laerdal
- Canadian Aviation Electronics
- 3D Systems
- Gaumard Scientific Company Inc.
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Products and Services
- Market Snapshot, By Technology/Fidelity
- Market Snapshot, By End User
- Market Snapshot, By Geography
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Rising concerns over patient safety
- Security concerns and high cost of simulators
- Increase in the use of simulation in healthcare
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Medical Simulation Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Medical Simulation Market, By Products and Services, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- Products
- Interventional/Surgical Simulators
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Task Trainers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Services
- Web-Based Simulation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Medical Simulation Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Simulation Training Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- 6. Global Medical Simulation Market, By Technology/Fidelity, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- High-Fidelity Simulators
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Medium-Fidelity Simulators
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Low-Fidelity Simulators
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- 7. Global Medical Simulation Market, By End User, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- Academic & Research Institutes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- 8. Global Medical Simulation Market, By Geography, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Middle East and Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Rest of World
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- 9. Competitive Landscape
- Nasco
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Simulaids Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Simulab Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Mentice AB
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Limbs & Things
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Kyoto Kagaku Co. Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Laerdal
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Canadian Aviation Electronics
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- 3D Systems
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Gaumard Scientific Company Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Analyst Views
- 10. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on "Global Medical Simulation Market” - forecast to 2028
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