Global Healthcare and Medical Simulator Market, by Product & Services (Patient Simulator, Task Trainer, Surgical Simulator (Laparoscopy, Arthroscopy), Dental Simulator, Eye Simulator, Ultrasound Simulator, Simulation Software), By End User (Academic Institutes, Hospitals, Military Organizations, Others) and opportunities and forecast 2020-2027
Healthcare and Medical Simulator Market Overview
The global Healthcare and Medical Simulator Market is projected to expand at a considerable rate in the forthcoming years. Major growth factors in the global market for healthcare and medical simulation are the rising healthcare costs and growing demand for minimally invasive treatments. In addition to this, increasing concern over patient safety is another crucial factor to boost the growth of the market. According to the Institute of Medicine, about 44,000 to 98,000 deaths are caused every year worldwide because of medical errors during treatment. This major fact pointedly upped the demand for healthcare and medical simulation as it helps doctors and surgeons to understand better the procedures and avoid fatal mistakes while treatment or surgery.
On the other hand, budgetary constraints, the high cost of simulators, and operational challenges are all major factors that are anticipated to hamper the market’s growth to a certain extent during the forecast period. Besides this, the shortage of healthcare personnel, growing awareness about simulation education in developing countries, and technological advancements are expected to create lucrative opportunities for players in the market.Covid-19 Impact on Healthcare and Medical Simulator Market:
In addition, the current Healthcare and Medical Simulator Market study offer a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Healthcare and Medical Simulator Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.Healthcare and Medical Simulator Market Segment Overview
Based on the products and services, the web-based simulation segment is estimated to grow at the highest rate over the forecast period. The high growth in this segment can be attributed to the wide availability of Internet services, controlled and predictable environment for learning, and controlled access to simulation procedures. Based on the interventional/surgical simulators, the Laparoscopic Surgical Simulators is the largest segment in this market. This is primarily due to the increasing number of clinical trials conducted for oncology and the rising prevalence of cancer worldwide. Additionally, the high adoption of simulation techniques in laparoscopy and technological innovations are the main factors responsible for the large share of this segment during the forecast period.
Healthcare and Medical Simulator Market, By Products and Services
- Healthcare Simulation Anatomical Models
- Patient Simulators
- High Fidelity
- Medium Fidelity
- Low Fidelity
- Task Trainers
- Interventional/Surgical Simulators
- Laparoscopic Surgical Simulators
- Gynecology Simulators
- Cardiovascular Simulators
- Arthroscopic Surgical Simulators
- Spine Surgical Simulator
- Other Interventional/Surgical Simulators
- Endovascular Simulators
- Ultrasound Simulators
- Dental Simulators
- Eye Simulators
- Web-Based Simulation
- Healthcare Simulation Software
- Performance Recording Software
- Virtual Tutors
- Simulation Training Services
- Vendor-Based Training
- Diagnosis-based training
- Surgical based training
- Educational Societies
- Custom Consulting Services
Healthcare and Medical Simulator Market, By End-User
· Academic Institutes
· Military Organizations
· OthersHealthcare and Medical Simulator Market Regional Overview
In terms of region, North America dominates the market followed by Europe. Important factors such as the presence of prominent players and their continuous expansion through acquisition have led to the easy availability of medical simulation products and services are remarkably boost the growth of the market in these regions. Similarly, Asia Pacific is expected to be the most attractive market during the forecast period. This is due to the development of the healthcare industry in the region. In addition to this, developing countries such as India and China will majorly boost the market in the region due to the growing push on medical studies and research. As well, the increasing number of hospitals, academic institutions, and medical devices will also rise the growth of the market in this region.
Healthcare and Medical Simulator Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)Healthcare and Medical Simulator Market Competitor overview
Some key developments and strategies adopted by manufacturers in Healthcare and Medical Simulator are highlighted below.
· In April 2020, CAE Healthcare collaborated with Area9 Lyceum, a global leader in adaptive learning, to provide an online Ventilator Reskilling Course to the clinician's midst of the Covid-19 pandemic.
· In March 2020, CAE launched the Vimedix 3.0, a high-fidelity simulator that facilitates the learning process for cardiac, lung, Obs/Gyn, and stomach all in one through a common platform.Healthcare and Medical Simulator Market, Key Players
· CAE Ltd.
· B-Line Medical
· 3B Scientific GmbH
· Anesoft Corporation
· Laerdal Medical
· 3D Systems
· Simulab Corporation
· Limbs & Things
· Kyoto Kagaku
· Mentice AB
· Gaumard Scientific Company
· Operative Experience, Inc.
· Cardionics Inc.