Reports
Global Medical Simulation Market Size, Trends, Growth, Forecast: By Product & Services: Model Based Simulations, Web Based Simulations, Simulation Training Services; By Fidelity: Low Fidelity, Medium Fidelity, High Fidelity; By End User: Hospitals, Academic Institutes, Military Organizations, Others; Regional Analysis; Supplier Landscape; 2023-2031
Global Medical Simulation Market Outlook
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 2023-2028.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
Market Segmentation
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
On the basis of product and services, the medical simulation market is classified into:
- Anatomical Models
- Patient Simulators
- High-Fidelity Simulators
- Medium-Fidelity Simulators
- Low-Fidelity Simulators
- Task Trainers
- Interventional/Surgical Simulators
- Laparoscopic Surgical Simulators
- Gynaecology Surgical Simulators
- Cardiac Surgical Simulators
- Arthroscopic Surgical Simulators
- Other Interventional/Surgical Simulators
- Endovascular Simulators
- Ultrasound Simulators
- Dental Simulators
- Eye Simulators
- Patient Simulators
- Web-Based Simulation
- Medical Simulation Software
- Performance Recording Software
- Virtual Tutors
- Simulation Training Services
- Vendor-Based Training
- Educational Societies
- Custom Consulting and Training Services
Further, the medical simulation market can be broadly categorised on the basis of its end-use into:
- Academic Institutes
- Hospitals
- Military Organisations
- Others
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Analysis
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.
Competitive Landscape
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:
- 3D Systems
- CAE Inc.
- Simulaids Inc
- Simulab Corporation
- Kyoto Kagaku
- Limbs & Things
- Mentice
- Laerdal
- Gaumard Scientific Company
- Others
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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product & Services |
|
| Breakup by Fidelity |
|
| Breakup by End User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Supplier Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Medical Simulation Market Overview
3.1 Global Medical Simulation Market Historical Value (2016-2022)
3.2 Global Medical Simulation Market Forecast Value (2023-2031)
4 Global Medical Simulation Market Landscape
4.1 Global Medical Simulation Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Medical Simulation Product Landscape
4.2.1 Analysis by Product Type
4.2.2 Analysis by Applications
4.2.3 Analysis by End User
5 Global Medical Simulation Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Medical Simulation Market Segmentation
6.1 Global Medical Simulation Market by Product & Services
6.1.1 Market Overview
6.1.2 Model Based Simulations
6.1.2.1 Patient Simulation
6.1.2.2 Surgical Simulation
6.1.2.3 Ultrasound Simulations
6.1.3 Web Based Simulations
6.1.3.1 Simulation Software
6.1.3.2 Performance Recording Software
6.1.3.3 Virtual Tutors
6.1.3.4 Learning Management Software
6.1.4 Simulation Training Services
6.1.4.1 Vender Based Training
6.1.4.2 Custom Consulting servicers
6.1.4.3 Educational Societies
6.2 Global Medical Simulation Market by Fidelity
6.2.1 Market Overview
6.2.2 Low Fidelity
6.2.3 Medium Fidelity
6.2.4 High Fidelity
6.3 Global Medical Simulation Market by End User
6.3.1 Market Overview
6.3.2 Hospitals
6.3.3 Academic Institutes
6.3.4 Military Organizations
6.3.5 Others
6.4 Global Medical Simulation Market by Region
6.4.1 Market Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia Pacific
6.4.5 Latin America
6.4.6 Middle East and Africa
7 North America Medical Simulation Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Medical Simulation Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Medical Simulation Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Medical Simulation Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Medical Simulation Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.3 INDIA CDSCO
16.1.4 JAPAN PMDA
16.1.5 Others
17 Supplier Landscape
17.1 CAE
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Laerdal Medical
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 3D Systems
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Simulab Corporation
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Simulaids
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Limbs & Things Ltd.
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 Kyoto Kagaku Co., Ltd.
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 Mentice AB
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 Gaumard Scientific Company
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Surgical Science Sweden AB
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
18 Global Medical Simulation Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
In 2020, the global medical simulation market attained a value of nearly USD 1.6 billion.
The market is projected to grow at a CAGR of 16.5% between 2021 and 2026.
The major drivers of the market include increasing population, rising demand for minimally invasive treatment procedures, and increasing focus on patient safety.
Growing technological advancements is the key industry trend propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The products and services include anatomical models, web-based simulation, medical simulation software, and simulation training services.
The diverse end uses for market are academic institutes, hospitals, and military organisations, among others.
The major players in the industry are 3D Systems, CAE Inc., Simulaids Inc, Simulab Corporation, Kyoto Kagaku, Limbs & Things, Mentice, Laerdal, and Gaumard Scientific Company, among others.
Analyst Review
The global medical simulation market attained a value of USD 1.6 billion in 2020, driven by the rising focus on patient safety. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 16.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product and services, the medical simulation industry can be segmented into anatomical models, web-based simulation, medical simulation software, and simulation training services. On the basis of end use, the industry is divided into academic institutes, hospitals, and military organisations, among others. The major regional markets for medical simulation are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include 3D Systems, CAE Inc., Simulaids Inc, Simulab Corporation, Kyoto Kagaku, Limbs & Things, Mentice, Laerdal, and Gaumard Scientific Company, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$3499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$5999-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$7999-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$9999-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
NEWSLETTER