The Global Healthcare/Medical Simulation Market is expected to witness significant demand over the forecast period. As medical science advances, the need for medical experts, specialists, and practitioners have grown too. Hence, medical simulation is a medical branch used to enhance and train medical practitioners and professionals. Medical simulation device serves the purpose of educating professionals about specific surgeries, general surgeries and prescriptions. Even medical students benefit by getting trained for clinical trainings during anatomy and physiology sessions. Medical simulation enables surgeons to learn surgery without actual use of patients. Hence, this reduces the surgery risks and enhances the operational skills of surgeons.
The institute of medicine reveals that globally many people die due to medical errors during treatments. As an objective to minimize the errors, medical simulation and related devices are used extensively. Medical simulation thus ensures safety of patients along with effective treatment. The technologies used are haptic, virtual and reality technology. The virtual and reality technology use computer simulated environment to induce the physical presence in real as well as virtual world. In case of haptic technology, it uses senses of touch, vibrations and motions that help medical students and healthcare professionals during training.
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The driving factors for this market are increase in healthcare costs and growing demand of minimally invasive treatments. However, the involvement of high costs and lower availability of funds are deemed as limitations for the growth of this market. The medical simulation market is predicted to grow at a double-digit CAGR for the forecast period owing to increasing focus on training medical practitioners, rising healthcare expenditures, increasing awareness on patient safety and growing demand for minimally invasive technologies.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Healthcare/Medical Simulation in these regions, from 2012 to 2022 (forecast), covering
• North America
• Southeast Asia
Global Healthcare/Medical Simulation market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Canadian Aviation Electronics
• Laerdal Medical
• 3D Systems
• Gaumard Scientific Company
• Limbs & Things
• Kyoto Kagaku Co
On the basis of products, the global healthcare simulation market analysis spans computed tomography (CT), high fidelity mannequins, live environments, magnetic resonance imaging, simulated clinical environment, web simulators, positron emission topography, performance, fidelity trainers, imaging solution, IV simulators, cardiovascular simulators, mid/low simulators, interventional simulators, ultrasound imaging, surgical simulators and healthcare/medical simulation training services and anatomical models. The medical simulation models dominated the global market share. However, web simulation market is forecasted to grow during the forecast period owing to availability of internet services, controlled and predictable environment.
On the basis of simulation software, the global healthcare simulation market analysis constitutes performance recording software and virtual tutors. On the basis of end-user, the global healthcare simulation market analysis spans hospitals, military organizations, academic institutions and others. Academic institutes accounted for largest share of healthcare/medical simulation market owing to growing awareness of patient safety and focus on eliminating medical errors. Additionally, favorable educational grants and bettered healthcare infrastructure are predicted to boost the market.
On the basis of geography, the healthcare/medical simulation market analysis constitutes North America, Europe, Middle-east, Asia-pacific and Africa. North America is expected to dominate the global market share followed by Europe and APAC regions. North America is predicted to be the dominant player as far as healthcare simulation market analysis is concerned, followed by Europe owing to factors such as expansion of major medical simulation companies through acquisitions. APAC regions are predicted to rise greatly for the forecast period. This is mainly attributed to consistent efforts of emerging nations towards betterment of healthcare sector in APAC regions. Therefore, flexible government policies and regulations, implementation of procedures and guidelines to promote innovation and commercial business will fuel the APAC market in upcoming years. In addition, growing focus on medical trainings and research in APAC regions shall open gateways for new entrants in this market analysis. The key players in the market include B-Line Medical, LLC, 3B Scientific GmbH, CAE Ltd., Anesoft Corporation, Laerdal Medical AS, 3D systems, Inc., Simulab Corporation, Simulaids, Inc., Limbs and Things, Kyoto Kagaku, Mentice AB, Surgical Science Sweden AB and Gaumard Scientific Company.
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