Report analyzes — Medical Simulation Market by product and service, end user, and region. On the basis of product and services, anatomical models segment accounted for largest share of global medical simulations market in 2016. Large share of this segment is due to high adoption of high fidelity (degree of realism) products, increasing primary care services, and shortage of healthcare professionals.
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Geographically, medical simulation market is segmented into North America, Europe, Asia Pacific, and Rest of the World. In 2016, North America accounted for largest share of medical simulations market, followed by Europe & Asia Pacific. Ease of accessibility to technologies, well-established distribution channels, & rising number of healthcare professionals demanding hands on patient training are major factors driving growth of medical simulations market in North America.
Medical simulations market is expected to reach USD 2,575.4 Million by 2022 from USD 1.120.8 Million in 2016, at a CAGR of 14.9% forecast period (2017–2022). Medical simulation is advanced methodology for training healthcare professionals through use of advanced educational technology. Simulation-based medical education is defined as any educational activity that utilizes simulation aides to replicate clinical scenarios.
#Table of Content
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Medical Simulation Market, By Product & Service
7 Medical Simulation Market, By End User
8 Medical Simulation Market, By Region
9 Competitive Landscape
10 Company Profiles
11 Appendix
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Premium Insights in Medical Simulation Market with Overview is, APAC Medical Simulation Market, By Product & Service and Country, Medical Simulation: Regional Mix, Healthcare/Medical Simulation Market : Geographical Snapshot. Top players included in medical simulation market are CAE (Canada), Laerdal Medical (Norway), 3D Systems (US), Simulab Corporation (US), Simulaids (US), Limbs & Things (US), Kyoto Kagaku (Japan), Mentice (Sweden), Medaphor (UK), and Gaumard Scientific Company (US).
Competitive Landscape and Target Audience:
• Academic medical centres
• Government research organizations
• Hospitals and clinics
• Military
• Research and consulting firms
• Simulation training service providers
• Medical devices companies
• Regulatory bodies
• Insurers
• Credentialing organizations
• Professional societies
Medical simulation market is segmented into anatomical models, medical simulation software, web-based simulation, & simulation training services. Web-based simulation segment expected to register highest CAGR during forecast period. High growth in this segment can be attributed to growing IT infrastructure in educational institutions, widespread availability of internet services, lack of adequate number of educators, rising demand for competency assessment, & controlled access to simulation procedures.
#More Details on “Medical Simulation Market by Product & Services (Patient Simulator, Task Trainer, Surgical Simulator (Laparoscopy, Arthroscopy), Dental Simulator, Eye Simulator, Ultrasound Simulator, Simulation Software), End User - Global Forecast to 2022” report at http://www.reportsnreports.com/contacts/discount.aspx?name=253590 .
Shortage of healthcare personnel, technological advancements, and growing awareness for simulation education in emerging countries are expected to provide further growth opportunities for players operating in the medical simulation market. The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them,garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies for strengthening the market.
Break of primary participants was as mentioned below:
• By Company Type – Tier 1–28%, Tier 2–43% and Tier 3–29%
• By Designation – C-level–14%, Director Level–43%, Others–43%
• By Region – North America–43%, Europe–14%, Asia Pacific–29%, Rest of World–14%
However, budgetary constraints, high cost of simulators, and operational challenges are some of the factors limiting the growth of this market during the forecast period.
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