DUBLIN--(BUSINESS WIRE)--The "Healthcare/Medical Simulation Market by Product & Services, End User - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The medical simulation market is expected to reach USD 2,575.4 million by 2022 from an estimated USD 1,284.0 million in 2017, at a CAGR of 14.9%.
The benefits of simulation over traditional learning, increasing demand for minimally invasive treatments, and increasing focus on patient safety are the major factors driving the growth of the significant growth drivers of the medical simulation market. However, budgetary constraints, high cost of simulators and operational challenges are limiting the adoption of medical simulation up to some extent during the forecast period.
On the basis of product and service, the medical simulation market is segmented into anatomical models, medical simulation software, web-based simulation, and simulation training services. The web-based simulation segment is expected to register the highest CAGR during the forecast period. The high growth in this segment can be attributed to the growing IT infrastructure in educational institutions, widespread availability of internet services, lack of adequate number of educators, rising demand for competency assessment, and controlled access to simulation procedures.
Based on end user, the medical simulation market is segmented into academic institutes, hospitals, military, and other end users. The hospitals segment is expected to grow at the highest CAGR during the forecast period. The advent of advanced simulation-based technologies, wide utilization of simulation models in medical surgeries, increasing focus on minimizing errors, and cost-effectiveness of procedural training for medical physicians, are expected to drive the medical simulation market for hospitals during the forecast period.
Key Topics Covered
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
- 3D Systems
- Gaumard Scientific Company
- Kyoto Kagaku
- Laerdal Medical
- Limbs & Things
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