Medical Simulation Market:
The GMI Research expects the medical simulation market to expand at a significant rate. From a regional perspective, North America is projected to dominate the market due to the rising emphasis of medical institutes and hospitals on standardizing their practices to improve patient safety. Moreover, economies like the US have experienced an increase in the demand for minimally invasive treatments.
Medical Simulation Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The growing emphasis on patient safety, the strong demand for minimally invasive treatments, the rising requirement for virtual training owing to the rising presence of the COVID-19 pandemic, and the benefits of simulation over traditional learning are the prominent factors surging the growth of the global medical simulation market size. Patient safety, such as patients reported problems, communication, organization safety culture, and prescribing and diagnostic safety. With the outbreak of evolving complexity in healthcare systems and the growing number of patient harm in health care facilities, health care organizations or hospitals are raising their emphasis on patient safety. An important strategy for health care systems is simulation training which helps to improve patient safety. The major strength of simulation training is suitability for multidisciplinary team training. It enhances team self-efficiency, the competence of mankind, and provider. The rapid technological advancements in technologies help the simulation method to offer practical training for numerous surgical and interventional procedures. All these usages of simulation technology aid in offering improve treatment to patients instead of the traditional methodology. On the other hand, the factor hindering the growth of the medical simulation market include the need for advanced technologies, which lead to increased cost.
Product and Services Segment Drivers
Based on product and services, the market is segmented into anatomical models, web-based simulation, medical simulation software, and simulation training services. The anatomical model is projected to increase at a faster rate in the upcoming years due to the high adoption of technology in academics, military organizations, and training & practicing.
Medical Simulation Market’s leading Manufacturers:
- CAE Inc
- Laerdal Medical Ltd
- 3D Systems, Inc
- Simulab Corporation
- Limbs & Things Ltd
- Kyoto Kagaku Co. Ltd
- Mentice AB
- Surgical Science Sweden AB
- Gaumard Scientific Company, Inc.
- Simulaids Inc
Medical Simulation Market Segmentation:
Segmentation by Product & Service:
- Anatomical Models
- Patient Simulators
- High-Fidelity Simulators
- Medium Fidelity Simulators
- Low Fidelity Simulators
- Task Trainers
- Interventional/Surgical Simulators
- Laparoscopic Surgical Simulators
- Gynecology 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 Services & Training Services
Segmentation by End-Users:
- Academic Institutes
- Hospitals
- Military Organizations
- Other End Users
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird’s eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
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