Medical Simulations Market Size Worth USD 7.5 billion (2021- 2031) growing at a CAGR of ~14.4%| Growth Plus Reports

Pune, March 29, 2022 (GLOBE NEWSWIRE) -- The Global Medical Simulation Market is expected to clock US$ ~7.5 billion by 2031 owing to rising demand for virtual training due to the COVID-19 pandemic, increasing focus on patient safety, growing adoption of medical simulation in medical insitutions, restricted access to live patients during training, and growing awareness regarding the use of medical simulation for training.

The global medical simulations market has been analyzed from three perspectives: Products & Services End Users, and Region.

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Excerpts from ‘Competitive Landscape’

Some of the prominent players operating in the global medical simulation market include

• CAE Healthcare, Inc
• Simulab Corporation
• 3D Systems, Inc
• Cardionics
• Simulaids
• Mentice
• Laerdal Medical
• Kyoto Kagaku Co., Ltd
• Gaumard Scientific
• Intelligent Ultrasound (MedaPhor Ltd.)
• Limbs & Things LTD

Excerpts from ‘By Products & Services Segmentation’

Based on products & services, the medical simulation market has been segmented into anatomical models, web-based simulation, simulation software, and simulation training services. Anatomical models are further segmented into patient simulators (low fidelity simulator, medium-fidelity simulator, and high-fidelity simulator), surgical simulators (cardiovascular simulators, laparoscopic simulators, gynecology simulators, orthopedic simulators, and other surgical simulators), task trainers, ultrasound simulators, endovascular simulators, eye simulators, and dental simulators. The anatomical models segment held the largest market share in 2020. The largest share of this segment can be attributed to the increasing adoption of anatomical models in medical institutes and the increasing number of product launches.

Excerpts from ‘By Region Segmentation’

Based on region, the global medical simulation market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America held the largest market share in the global medical simulation market. Factors such as developed healthcare infrastructure and increasing adoption of virtual training in medical institutes are driving the market growth in this region. Increasing focus on patient safety, presence of a well-established distribution channel, and launch of advanced medical simulation products & services for training are some of the other factors that are anticipated to propel the market growth during the forecast period. For instance, in Jun 2018, 3D Systems launched Demand Anatomical Modeling Service for 3D printed medical models. The service provides medical professionals access to highly detailed & 3D printable anatomical models for improving surgical planning and patient education.

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Table of contents:

1. INTRODUCTION
   0. Market Ecosystem
   1. Geographic Scope
   2. Timeline Under Consideration
      0. Historical Years – 2018 & 2019
      1. Base Year – 2020
      2. Forecasted Years – 2021 to 2031
   3. Currency Used in the Report
2. RESEARCH METHODOLOGY
   0. Research Approach
   1. Data Collection Methodology
   2. Data Sources
      0. Secondary Sources
      1. Primary Sources
   3. Market Estimation Approach
      0. Bottom Up
      1. Top Down
   4. Market Forecasting Model
   5. Limitations and Assumptions
3. PREMIUM INSIGHTS
   0. Current Market Trend (COVID-19 Perspective)
   1. Technological Advancements
   2. Key Players & Their Competitive Positioning (2020)
4. MARKET DYNAMICS
   0. Drivers
   1. Restraints/Challenges
   2. Opportunities

And more…

VALUE PROPOSITIONS RELATED TO THE REPORT:

• Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
• Comprehensive quantitative and qualitative insights at segment and sub-segment level
• Covid-19 impact trends and perspective
• Granular insights at global/regional/country level
• Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
• Blanket coverage on competitive landscape
• Winning imperatives
• Exhaustive coverage on 'Strategic Developments' registered by leading players of the market

CUSTOMIZATION OPTIONS:

• Distributor Landscape Assessment
• Pricing Intelligence
• Customer Base Assessment
• Investment & Initiatives Analysis
• 'Business Profile' of Key Players

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