Healthcare Simulators - Simulation-based medical teaching and learning, Market Growth to register a CAGR of 14.7% to reach US$ 4,596.8 Million by 2027

Global Healthcare Simulators Market – Insights

Medical simulation, also referred as healthcare simulation, provides experiential learning which is necessary for every professional in the healthcare industry. This modern day technique is used to train and educatethe healthcare professionals.One of the major concerns for any medical organization is clinical competency and patient safety, which has given rise to adopting simulation technology within the medical field. Organizations including The American Board of Internal Medicine and the American Surgical Association’s Blue Ribbon Panel promote the usage of healthcare simulators in surgeries as a devicetoeducate, teach, and verify competence. Moreover, grants are offered by The American Board of Internal Medicine to companies that develop healthcare simulators.

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The global healthcare simulators market size accounted for US$ 1,347.9 million in 2017, and is expected to witness a CAGR of 14.7% over the forecast period (2018 – 2026).

Rising educational tourism and number of medical colleges is expected to drive Growth of global healthcare simulators market

Medical organizations or institutes are adopting simulators for educating medical professionals and specialists to lower the likelihood of unfortunate accidents during surgery, treatment, and general practice. Rising number of healthcare institutes and medical training centers is a vital aspect that is predicted to fuel the demand for healthcare simulators globally. As per the World Directory of Medical Schools 2016, around 33% of medical institutions across the globe are situated in one among the five following countries including Pakistan, Brazil, India, China, and the U.S, while 10 countries have around 50% of medical colleges. Moreover, in the index of the most acknowledged medical schools in the world, China holds the third position, following India and Brazil.

Furthermore, as per the Journal of Medical Education and Training, in 2018, China is changing its educational system by combining new medical colleges, increasing medical enrolment, and expanding sizes of the classes, which would provide support to tourism related to medical education. It has been stated that a majority foreign students apply for higher education in science and arts fields in China. Hence, the Chinese healthcare industry is expanding at trajectory rates indicating increasing demand for medical simulators for training medical students.

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Global Healthcare Simulators Market – Restraints

Although, high procurement and maintenance cost for simulators, typically high fidelity simulators, is expected to restrain the global healthcare simulators market growth during the forecast period. Small scale training institutions and hospitals lack the necessary financial support for simulator-based healthcare coaching. The simulator’s cost varies on the basis of technology, fidelity and methods, of the simulation. For instance, according to the Society of American Gastrointestinal and Endoscopic Surgeons, 2016, a surgical simulator from Simulab Corporation-Trauma Man, costs approximately US$ 24,000.

Global Healthcare Simulators Market - Regional Insights

Based on region, global healthcare simulators market is divided into North America, Europe, Latin America, Asia Pacific, Africa and Middle East. Among regions, North America is expected to gain largest share in the global healthcare simulators market during the forecast period, due to rising adoption of simulators in medical schools with grants from funding companies. For instance, University of Utah, in February 2018, was granted US$ 15 Mn by the Intermountain Healthcare, to subsidize the medical school facility’s construction of a, which will provide interactive simulation training including animatronic simulators giving an opportunity of studying from standardized patient actors.

Europe, in the global healthcare simulators market is expected to register robust growth over the forecast period. This is owing to research and development activities to innovate novel simulators. For instance, 3D Systems and the European Respiratory Society (ERS), in August 2018, collaborated to offer simulation machine- BRONCH Mentor hands-on simulator and event services to train centers the usage of ERS End bronchial Ultrasound (EBUS) Certified Training Program.

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Global Healthcare Simulators Market - Competitive Landscape

Major players that operate in the healthcare simulators market globally include, 3D Systems, Laerdal Medical, Simulab Corporation, Kyoto Kagaku, Simulaids, Inc., Medaphor, Gaumard Scientific Company, CAE Healthcare, Limbs & Things, INC., BT, Mentice, Tran domed 3D, Tellyes Scientific Co., Ltd., and Fujian Zhongli Co., Ltd.

Table of Contents

1. Research Objective and Assumption
• Research Objectives
• Assumptions
• Abbreviations
2. Market Overview
• Report Description
• Market Definition and Scope
• Executive Summary
• Market Snippet, By Product and Services
• Market Snippet, By Fidelity (Anatomical Models)
• Market Snippet, By End User
• Market Snippet, By Region
• Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
• Market Dynamics
• Drivers
• Restraints
• Market Opportunities
• Impact Analysis
• Market Trends
• Product Launches
• Global Macroeconomic Factor Analysis
• Market Channels
• Market Entry Strategies
• Mergers & Acquisitions
• PEST Analysis
4. Global Healthcare Simulators Market, By Product and Services, 2018 – 2026, (US$ Million)
• Introduction
• Market Share Analysis, 2018 and 2026 (%)
• Y-o-Y Growth Analysis, 2017 – 2026
• Segment Trends
• Anatomical Models
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
• Interventional/ Surgical Simulators
• Laparoscopic Surgical Simulators
• Gynecology Simulators
• Cardiovascular Simulators
• Arthroscopic Surgical Simulators
• Other Interventional/Surgical Simulators
• Endovascular Simulators
• Ultrasound Simulators
• Dental Simulators
• Eye Simulators
• Patient Simulation
• Task Trainer Simulation
• Manikin-based Simulation
• Standardized Patient Simulation
• Web-based Simulation
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
• Simulation Training Services
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
5. Global Healthcare Simulators Market, By Fidelity (Anatomical Models), 2018 – 2026, (US$ Million)
• Introduction
• Market Share Analysis, 2018 and 2026 (%)
• Y-o-Y Growth Analysis, 2017 – 2026
• Segment Trends
• Low- fidelity
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
• Medium- fidelity
• Introduction  
• Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
• High- fidelity
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$
6. Global Healthcare Simulators Market, By End User, 2018 – 2026, (US$ Million)
• Introduction
• Market Share Analysis, 2018 and 2026 (%)
• Y-o-Y Growth Analysis, 2017 – 2026
• Segment Trends
• Academic Institutions & Research Centers
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
• Hospitals
• Introduction  
• Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
• Military Organizations
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
• Global Healthcare Simulators Market, By Region, 2018 – 2026, (US$ Million)
• Introduction
• Market Share Analysis, By Region, 2018 and 2026 (%)
• Y-o-Y Growth Analysis, By Region, 2017 – 2026
• Regional Trends
• North America
• Market Size and Forecast, By Product and Services, 2018 – 2026, (US$ Million)
• Market Size and Forecast, By Fidelity (Anatomical Models), 2018 – 2026, (US$ Million)
• Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
• Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
• U.S.
• Canada
• Europe
• Market Size and Forecast, By Product and Services, 2018 – 2026, (US$ Million)
• Market Size and Forecast, By Fidelity (Anatomical Models), 2018 – 2026, (US$ Million)
• Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
• Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
• U.K.
• Germany
• Italy
• France
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• Market Size and Forecast, By Product and Services, 2018 – 2026, (US$ Million)
• Market Size and Forecast, By Fidelity (Anatomical Models), 2018 – 2026, (US$ Million)
• Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
• Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
• China
• Japan
• India
• ASEAN
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• Market Size and Forecast, By Product and Services, 2018 – 2026, (US$ Million)
• Market Size and Forecast, By Fidelity (Anatomical Models), 2018 – 2026, (US$ Million)
• Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
• Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Africa
• Market Size and Forecast, By Product and Services, 2018 – 2026, (US$ Million)
• Market Size and Forecast, By Fidelity (Anatomical Models), 2018 – 2026, (US$ Million)
• Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
• Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
• North Africa
• Central Africa
• South Africa
• Middle East
• Market Size and Forecast, By Product and Services, 2018 – 2026, (US$ Million)
• Market Size and Forecast, By Fidelity (Anatomical Models), 2018 – 2026, (US$ Million)
• Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
• Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
• GCC Countries
• Israel
• Rest of Middle East
7. Competitive Landscape
• Company Profiles
• Analyst Views
8. Section
• References
• Research Methodology
• About Us and Sales Contact

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