Global Healthcare Education Market Analysis and Forecast to 2025: Market is Projected to Surpass $125+ Billion - ResearchAndMarkets.com
Global Healthcare Education Market Analysis and Forecast to 2025: Market is Projected to Surpass $125+ Billion - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global Healthcare Education Market by Provider (Universities & Academic Centers, Continuing Medical Education), Delivery Mode (Classroom-based, e-Learning), Application (Cardiology, Internal Medicine), End-user, and Region - Analysis and Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global healthcare education market is projected to reach USD 125.2 billion by 2025 from USD 83.6 billion in 2020, at a CAGR of 8.4% during the forecast period.
Growth in this market is primarily driven by the technological advancements in the healthcare industry, rapid growth in the online education and e-learning sector, and the presence of stringent regulatory mandates related to CME programs. However, lack of face to face interaction and unreliable infrastructure cause barrier to the market growth.
Providers are responsible for launching newer educational solutions and improving the market scenario
On the basis of provider, the healthcare education market is segmented into universities and academic centers, OEMs/pharmaceutical companies, continuing medical education (CME) providers, learning management system providers, educational platforms, and medical simulation providers. In 2019, the universities and academic centers segment accounted for the largest share of 92.9% of the healthcare education market. The shortage of healthcare workers required to deliver quality healthcare services is the major factor contributing to the large share of this segment.
e-Learning solutions have established the highest CAGR in the delivery mode segment of the healthcare education solution market
Based on delivery mode, the healthcare education market is segmented into classroom-based courses and e-Learning solutions. In 2019, the classroom-based courses segment accounted for the largest share of 88.2% of the healthcare education market. However, the e-Learning solutions segment is projected to register the highest growth in the forecast period. The high growth of this segment can be attributed to the benefits of e-Learning solutions, such as ease of use, convenience, flexibility, and cost-effectiveness.
North America to witness significant growth from 2020 to 2025
The global healthcare education market has been categorized on the basis of four major regional segments, namely, North America, Europe, Asia-Pacific, and the Rest of the World. In 2019, the Asia-Pacific region accounted for the largest market share of 39.7%. However, the North American market is projected to register the highest CAGR of 9.5% during the forecast period, primarily due to the initiatives taken by industry players and regional governments towards increasing the number of medical schools and the advancing healthcare sector.
Research Coverage
This report studies the healthcare education solution market based on providers, delivery mode, end user, application and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. It analyzes the opportunities and challenges in the market and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to four main regions and respective countries.
Some of the prominent players operating in the healthcare education market are SAP (Germany), Adobe (US), Infor (US), Oracle (US), HealthStream (US), HealthcareSource (US), Elsevier (Netherlands), Articulate (US), PeopleFluent (US), ADP (US), GE Healthcare (US), Trivantis Corporation (US), Cerner (US), Koninklijke Phillips (Netherlands), Siemens Healthineers (Germany), Coursera (US), and IBM (US).
For more information about this report visit https://www.researchandmarkets.com/r/4iqk44
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