The global medical simulation market reached a value of around USD 1.6 billion in 2019. The market is expected to grow at a CAGR of 16.5% over the forecast period of 2020-2025. 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.
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Properties and Applications
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.
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.
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.
Key Questions Answered in the Market 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 (2015-2019) & Forecast (2020-2025)
4.2 Global Medical Simulation Market Breakup by Product and Services
4.2.1 Anatomical Models
184.108.40.206 Patient Simulators
220.127.116.11.1 High-Fidelity Simulators
18.104.22.168.2 Medium-Fidelity Simulators
22.214.171.124.3 Low-Fidelity Simulators
126.96.36.199 Task Trainers
188.8.131.52 Interventional/Surgical Simulators
184.108.40.206.1 Laparoscopic Surgical Simulators
220.127.116.11.2 Gynaecology Surgical Simulators
18.104.22.168.3 Cardiac Surgical Simulators
22.214.171.124.4 Arthroscopic Surgical Simulators
126.96.36.199.5 Other Interventional/Surgical Simulators
188.8.131.52 Endovascular Simulators
184.108.40.206 Ultrasound Simulators
220.127.116.11 Dental Simulators
18.104.22.168 Eye Simulators
4.2.2 Web-Based Simulation
4.2.3 Medical Simulation Software
22.214.171.124 Performance Recording Software
126.96.36.199 Virtual Tutors
4.2.4 Simulation Training Services
188.8.131.52 Vendor-Based Training
184.108.40.206 Educational Societies
220.127.116.11 Custom Consulting & Training Services
4.3 Global Medical Simulation Market Breakup by Product and Services: Historical Market (2015-2019) & Forecast (2020-2025)
4.3.1 Anatomical Models
18.104.22.168 Patient Simulators
22.214.171.124.1 High-Fidelity Simulators
126.96.36.199.2 Medium-Fidelity Simulators
188.8.131.52.3 Low-Fidelity Simulators
184.108.40.206 Task Trainers
220.127.116.11 Interventional/Surgical Simulators
18.104.22.168.1 Laparoscopic Surgical Simulators
22.214.171.124.2 Gynaecology Surgical Simulators
126.96.36.199.3 Cardiac Surgical Simulators
188.8.131.52.4 Arthroscopic Surgical Simulators
184.108.40.206.5 Other Interventional/Surgical Simulators
220.127.116.11 Endovascular Simulators
18.104.22.168 Ultrasound Simulators
22.214.171.124 Dental Simulators
126.96.36.199 Eye Simulators
4.3.2 Web-Based Simulation
4.3.3 Medical Simulation Software
188.8.131.52 Performance Recording Software
184.108.40.206 Virtual Tutors
4.3.4 Simulation Training Services
220.127.116.11 Vendor-Based Training
18.104.22.168 Educational Societies
22.214.171.124 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 (2015-2019) & Forecast (2020-2025)
4.5.1 Academic Institutes
4.5.3 Military Organizations
4.6 Global Medical Simulation Market Breakup by Region
4.6.1 North America
126.96.36.199 United States of America
188.8.131.52 United Kingdom
4.6.3 Asia Pacific
4.6.4 Latin America
4.6.5 Middle East & Africa
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
4.7 Global Medical Simulation Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
4.7.1 North America
22.214.171.124 United States of America
126.96.36.199 United Kingdom
4.7.3 Asia Pacific
4.7.4 Latin America
4.7.5 Middle East & Africa
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 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 Events and Developments
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