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The global medical simulation market reached a value of around USD 1.6 billion in 2020. The market is expected to grow at a CAGR of 16.5% over the forecast period of 2021-2026.
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Development in surgical tools and advancement in technology, coupled with the rising demand for minimally invasive surgical processes, are driving the growth of the medical simulation market globally. These processes improve patient compliance by decreasing the hospital stay and the time needed to cure the invasion during surgery.
Medical simulation, or more generally, healthcare simulation, is a simulation branch linked to education and training in medical areas of different industries. Simulations can be performed in the classroom, in situational environments, or in spaces specifically designed for the exercise of simulation. The global medical simulation market is divided on the basis of segments like product and services, and end-use.
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On the basis of product and services, the medical simulation market is classified into:
Further, the medical simulation market can be broadly categorised on the basis of its end-use into:
The EMR report looks into the regional medical simulation markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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The growing technological advancement, rising demand for minimally invasive treatment procedures, and increasing focus on patient safety are some of the major driving factors, accelerating the growth of the global medical simulation market. Different modalities of the simulation are used to teach and train the procedure to carry out minimally invasive surgeries. Further, the simulation of minimally invasive procedures can be used by various animal models, virtual reality, and video trainers. As a result, the rising demand for minimally invasive surgical processes is driving the medical simulation market growth. The increasing importance of various health applications, medical visualisation, surgical robots, and preventive medications have led to the increased penetration of sophisticated healthcare simulation techniques. This is likely to intensify the market growth. High cost of simulators and limited investment in simulation systems and operational challenges are major drawbacks, which may affect the growth of the medical simulation market in the future.
The report presents a detailed analysis of the following key players in the global medical simulation market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the medical simulation market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1.1 Objectives of the Study
1.2 Key findings of the Study
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Inference Data
3 Executive Summary
3.1 Market Overview
3.2 Market Analysis
4 Global Medical Simulation Market
4.1 Global Medical Simulation Market (2016-2020) & Forecast (2021-2026)
4.2 Global Medical Simulation Market Breakup by Product and Services
4.2.1 Anatomical Models
22.214.171.124 Patient Simulators
126.96.36.199.1 High-Fidelity Simulators
188.8.131.52.2 Medium-Fidelity Simulators
184.108.40.206.3 Low-Fidelity Simulators
220.127.116.11 Task Trainers
18.104.22.168 Interventional/Surgical Simulators
22.214.171.124.1 Laparoscopic Surgical Simulators
126.96.36.199.2 Gynaecology Surgical Simulators
188.8.131.52.3 Cardiac Surgical Simulators
184.108.40.206.4 Arthroscopic Surgical Simulators
220.127.116.11.5 Other Interventional/Surgical Simulators
18.104.22.168 Endovascular Simulators
22.214.171.124 Ultrasound Simulators
126.96.36.199 Dental Simulators
188.8.131.52 Eye Simulators
4.2.2 Web-Based Simulation
4.2.3 Medical Simulation Software
184.108.40.206 Performance Recording Software
220.127.116.11 Virtual Tutors
4.2.4 Simulation Training Services
18.104.22.168 Vendor-Based Training
22.214.171.124 Educational Societies
126.96.36.199 Custom Consulting & Training Services
4.3 Global Medical Simulation Market Breakup by Product and Services: Historical Market (2016-2020) & Forecast (2021-2026)
4.3.1 Anatomical Models
188.8.131.52 Patient Simulators
184.108.40.206.1 High-Fidelity Simulators
220.127.116.11.2 Medium-Fidelity Simulators
18.104.22.168.3 Low-Fidelity Simulators
22.214.171.124 Task Trainers
126.96.36.199 Interventional/Surgical Simulators
188.8.131.52.1 Laparoscopic Surgical Simulators
184.108.40.206.2 Gynaecology Surgical Simulators
220.127.116.11.3 Cardiac Surgical Simulators
18.104.22.168.4 Arthroscopic Surgical Simulators
22.214.171.124.5 Other Interventional/Surgical Simulators
126.96.36.199 Endovascular Simulators
188.8.131.52 Ultrasound Simulators
184.108.40.206 Dental Simulators
220.127.116.11 Eye Simulators
4.3.2 Web-Based Simulation
4.3.3 Medical Simulation Software
18.104.22.168 Performance Recording Software
22.214.171.124 Virtual Tutors
4.3.4 Simulation Training Services
126.96.36.199 Vendor-Based Training
188.8.131.52 Educational Societies
184.108.40.206 Custom Consulting & Training Services
4.4 Global Medical Simulation Market Breakup by End Use
4.4.1 Academic Institutes
4.4.3 Military Organizations
4.5 Global Medical Simulation Market Breakup by End-Use: Historical Market (2016-2020) & Forecast (2021-2026)
4.5.1 Academic Institutes
4.5.3 Military Organizations
4.6 Global Medical Simulation Market Breakup by Region
4.6.1 North America
220.127.116.11 United States of America
18.104.22.168 United Kingdom
4.6.3 Asia Pacific
4.6.4 Latin America
4.6.5 Middle East & Africa
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 South Africa
4.7 Global Medical Simulation Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
4.7.1 North America
184.108.40.206 United States of America
220.127.116.11 United Kingdom
4.7.3 Asia Pacific
4.7.4 Latin America
4.7.5 Middle East & Africa
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
5 SWOT Analysis
6 Porter’s Five Forces Analysis
6.2 Buyer’s Power
6.3 Supplier’s Power
6.4 New Entrants
6.5 Degree of Rivalry
7 Key Players & Company Profile Analysis
7.1 3D Systems
7.2 CAE Inc.
7.3 Simulaids Inc
7.4 Simulab Corporation
7.5 Kyoto Kagaku
7.6 Limbs & Things
7.9 Gaumard Scientific Company
8 Industry Events and Developments
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