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Growing Preference for Virtual Interaction Fuels Sector

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Global Healthcare/Medical Simulation Market

Global Healthcare/Medical Simulation Market

Global Healthcare/Medical Simulation Market

DUBLIN, 1 NOVEMBER 2022 (GLOBE NEWSWIRE) — “Healthcare/Medical Simulation Market by Products and Services (Anatomical Models, Patient Simulators (High Fidelity, Low Fidelity), Task Trainers, Surgical Simulators, Software, Services), End Users (Academic Institutions, Hospitals) – 2027 world forecast up to report added of ResearchAndMarkets.com Recruitment.

The global medical simulation market is projected to reach USD 4.2 billion by 2027 from USD 1.9 billion in 2022, at a CAGR of 16.1% during the forecast period. The growth of this market is driven by growing interest in patient safety and growing preference for virtual interactions. However, shortage of skilled medical professionals and high cost of simulators are expected to restrain the growth of this market to some extent.

Web-based simulation segment recorded highest growth in medical simulation market by products and services

Based on type, the web-based simulation segment registered the highest growth in the medical simulation market during the forecast period. The growth of this segment is due to the wide availability of internet services and growing government initiatives to adopt HCIT solutions.

Academic institutions were the largest segment by end user in the medical simulation market in 2021

The academic institutions segment is projected to grow at the highest growth rate in the medical simulation market in 2021. Increased utilization of simulation models in medical surgery, increasing interest in error minimization, and cost-effectiveness of procedural training for physicians will drive the demand for medical simulation services in the coming years.

APAC to Witness Highest Growth Rate During Forecast Period

The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period. The growth of the market in the Asia-Pacific region is mainly driven by factors such as increased focus on medical research, growth in medical tourism, rising medical expenditures, and rising purchasing power of consumers.

market dynamics
driver

  • Restricted access to patients in medical training

  • Rising technological advances in medical education

  • Growing demand for minimally invasive treatments

  • Increased interest in patient safety

  • Growing preference for virtual interactions

Restraint

chance

Task

  • high cost of simulators

  • Operational challenges

main player

  • altai scientific

  • Kei Co., Ltd.

  • Cardionics Inc. (Subsidiary of 3B Scientific)

  • Gomar Scientific

  • The Hague street simulation

  • heart rate simulation

  • Ingmar Medical

  • Innovas Medical

  • Intelligent Ultrasound Group plc

  • Kavo Dental GmbH

  • Kyoto Science

  • Laerdal Medical

  • limbs and objects

  • Medical-X

  • Mentis Abu

  • Operative Experience Co., Ltd.

  • Simendo BV

  • Simulab Inc.

  • simulation

  • surgical science sweden ab

  • Shinjerry

  • Synaptive Medical

  • Symbone Ag

  • TrueCorp Co., Ltd.

  • Virtamed Ag

Main topics:

1.First of all

2 Survey method

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Insights

7 Medical Simulation Market by Product and Service

8 Medical Simulation Market, By End-User

9 Medical Simulation Market by Regions

10 Competitive environment

11 Company profile

12 Appendix

Learn more about this report here https://www.researchandmarkets.com/r/fv3s09

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