Global Medical Simulation Market 2022-2028

Global Medical Simulation Market 2022-2028

Medical simulation allows the acquisition of clinical skills through deliberate practice rather than an apprentice style of learning. Simulation tools serve as an alternative to real patients. A trainee can make mistakes and learn from them without the fear of harming the patient. Gen Consulting Company predicts the global medical simulation market will grow from USD 1,331 million in 2021 to USD 3,683 million by 2028, achieving a compound annual growth rate (CAGR) of 15.7 percent.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global medical simulation market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the medical simulation industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, technology, fidelity, end user, and region. The global market for medical simulation can be segmented by product: model-based simulation, simulation training services, web-based simulation, others. The model-based simulation segment held the largest share of the global medical simulation market in 2021 and is anticipated to hold its share during the forecast period. Medical simulation market is further segmented by technology: 3D printing, procedure rehearsal technology, virtual patient simulation. Globally, the procedure rehearsal technology segment made up the largest share of the medical simulation market. Based on fidelity, the medical simulation market is segmented into: high-fidelity, medium-fidelity, low-fidelity. On the basis of end user, the medical simulation market also can be divided into: academic institutions, hospitals, military organizations, others. Medical simulation market by region is categorized into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By product:

• model-based simulation
• simulation training services
• web-based simulation
• others

By technology:

• 3D printing
• procedure rehearsal technology
• virtual patient simulation

By fidelity:

• high-fidelity
• medium-fidelity
• low-fidelity

By end user:

• academic institutions
• hospitals
• military organizations
• others

By region:

• Asia Pacific
• Europe
• North America
• Rest of the World (RoW)

The global medical simulation market report offers detailed information on several market vendors, including 3D Systems Corporation, CAE Inc., Gaumard Scientific Company, Kyoto Kagaku Co., Ltd., Laerdal Medical AS, Limbs & Things Inc., Mentice AB, Simulab Corporation, Simulaids Ltd, Surgical Science Sweden AB, among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global medical simulation market.
• To classify and forecast the global medical simulation market based on product, technology, fidelity, end user, region.
• To identify drivers and challenges for the global medical simulation market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global medical simulation market.
• To identify and analyze the profile of leading players operating in the global medical simulation market.

Why Choose This Report

• Gain a reliable outlook of the global medical simulation market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.