The global medical simulation market is primarily being driven by the rapid technological advancements. The development of academic societies dedicated to simulation, simulation journals, as well as health research, are propelling rapid innovation within the field. Currently, technological advancements in simulation technology have provided practical training for various interventions and operations. Advances in imaging processing have made it much easier to capture automated and precise 2D and 3D images with traditional CT and MRI technologies.
In May 2019, Cae Inc (NYSE: CAE), one of the leading key players, introduced a new Centre of Excellence and its new simulator for infants called CAE Luna. It is an advanced infant simulator designed to meet neonatal and infant-care clinical training criteria and to simulate serious new-born conditions requiring interprofessional team response.
In November 2019, The American Society of Anesthesiologists (ASA) and Cae Inc (NYSE: CAE) Healthcare announced the launch of their first virtual simulation course, the final two training modules of Anesthesia SimSTAT. The new modules are the latest in a series of five groundbreaking training modules, aimed at improving the anaesthesia-related emergency management and to improve patient results.
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The major key players in the global medical simulation market include companies like 3D Systems, CAE Inc., Simulaids Inc, Simulab Corporation, Kyoto Kagaku, Limbs & Things, Mentice, Laerdal, and Gaumard Scientific Company, among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, and capacity expansions.
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