Healthcare/Medical Simulation Market worth 2.27 Billion USD by 2021

Press Release   •   Jan 02, 2017 23:38 EST

In this report the global medical simulation market is segmented on the basis of products and services, end users and regions. Based on products and services, the market is segmented into medical simulation anatomical models, web-based simulation, simulation software, and simulation training services. The anatomical models market accounted for the largest share of the global market in 2015 and covers patient simulators, task trainers, surgical simulators, endovascular simulators, ultrasound simulators, dental simulators, and eye simulators. The surgical simulators market is further segmented as laparoscopic surgical simulators, arthroscopic surgical simulators, cardiovascular simulators, gynecology simulators, and others. The simulation software segment is further classified into performance recording software and virtual tutors. The simulation training services are classified into vendor-based training services, custom consulting services, and educational societies’ services. Furthermore, on the basis of end users, the market is classified into academic institutions, hospitals, military organizations, and others.

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Geographically, the global medical simulation market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. In 2015, North America commanded largest share of the market. Asia-Pacific and Latin America are poised to register highest growth rates in this market mainly attributed to the untapped market potential of these regions and extensive customer base due to rising base of aging population, rising prevalence of various disorders, and demand for surgeries. The market in these two regions will be driven by developing countries such as India, China, South Korea, Singapore, Brazil, and Mexico.

The global medical simulation market is fragmented, with the presence of many small companies which operate in their respective market segments. These small market players operating at regional- and local-levels are challenging the market share of the leading players in this market. In order to maintain their market shares, leading players in the market are continuously developing new technologies and upgrading their existing products to enhance their product portfolios. The increasing competition is expected to drive innovation in the market, thereby helping the industry to overcome the existing challenges in the field of medical simulation and at the same time address the compliance issues and unmet needs of the market.

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Some of the prominent players in the global medical simulation market include CAE, Inc. (Canada), Laerdal Medical AS (Norway), 3D Systems, Inc. (U.S.), Simulab Corporation (U.S.), Simulaids, Inc. (U.S.), Limbs and Things, Ltd (U.K.), Kyoto Kagaku Co., Ltd (Japan), Mentice AB (Sweden), Surgical Science Sweden AB (Sweden), and Gaumard Scientific Company, Inc. (U.S.).

Target Audience:

  • Medical Simulation Product Manufacturers
  • Academic Institutes
  • Hospitals and Clinics
  • Military Organizations
  • Research and Development (R&D) Companies
  • Market Research and Consulting Firms
  • Venture Capitalists and Investors

Scope of the Report

The research report categorizes the global medical simulation market into the following segments and subsegments:

Global Medical Simulation Market, By Product & Services

  • Medical Simulation Anatomical Models
  • Web-based Simulation
  • Simulation Software
  • Simulation Training Services
  • Global Medical Simulation Market, by End User
  • Academic Institutions
  • Hospitals
  • Military Organizations
  • Other End Users

Global Medical Simulation Market, by Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

Available customizations

With the given market data, Publisher offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolios of top companies

Geographic Analysis

  • Further breakdown of the Rest of Asia-Pacific medical simulation market into Australia, New Zealand, and others
  • Further breakdown of the Latin America medical simulation market into Brazil, Argentina, and the Rest of Latin America

Company Information

  • Detailed analysis and profiling of additional market players (Up to 5).

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