Surgical training is essential to maintain quality patient outcomes and to ensure that surgeons are able to perform routine and complex procedures effectively. Standard education and training activities are a normal part of the continuing education of a surgeon. However, as these training are time-consuming and cost-intensive; practitioners are looking for robust supplementary models and are shifting to virtual reality surgical training. Surgical simulation is a type of computer technology through which medical professionals are trained without requiring a patient, an animal or a cadaver.
The continuous technological advancements and increasing concern for patient’s safety are some factors which drive the global surgical simulation market growth. For instance, the METIman simulator, developed by the CAE, Inc., has been found to be one of the most advanced and realistic simulators in recent times. Thus, the rise in various medical simulation technological advances is increasing healthcare applications for training healthcare professionals. There are some factors which restrain the market to further grow such as the high cost of surgical simulators and limitation of simulation technology. For instance, simulators especially the high fidelity ones are available at huge costs; both, in terms of initial purchase prices as well as maintenance charges. Hence, they are not affordable to many teaching hospitals, academic & research institutes, among others. This is expected to limit the growth of the market.
The global surgical simulation market is segmented on the basis of Application, technology, and end-user. On the basis of application, the market is segmented into laparoscopic surgery, endoscopic surgery, neurological surgery, gynecological surgery, cardiac surgery, and arthroscopic surgery. On the basis of technology, the market is further divided into high-fidelity simulators, medium-fidelity simulators, and low-fidelity simulators. Furthermore, on the basis of end-user, the market is sub-segmented into academic and research institutes, hospitals and surgical clinics, and others (military organization). Academic and research institutes are expected to show significant growth in the end-user segment during the forecast period. Increasing adoption of surgical simulation solutions for training purposes in academic and research institutions supports the growth in this segment.
There are various companies providing surgical simulation solution are 3D Systems, Inc., CAE, Inc., Gaumard Scientific Co., Inc., Intuitive Surgical, Inc., Laerdal Medical Corp., OSSimTech, Simbionix USA Corp., and Simulab Corp. these market players are adopting various strategies in order to stay competitive in the market. For instance, in January 2018, CAE healthcare signed a partnership with the American Heart Association (AHA) for the establishment of various international training sites to deliver AHA lifesaving courses globally.
Research Methodology:
The market study of surgical simulation market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include:
- Financial reports of companies involved in the market.
- Authentic public databases.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
- Supplier websites.
The report is intended for a healthcare provider, government organizations for overall market analysis, and competitive analysis. The report provides an in-depth analysis of pricing, market size, intended quality of the product preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
Market Segmentation:
- Global Surgical Simulation Market Research and Analysis by Technology
- Global Surgical Simulation Market Research and Analysis by Application
- Global Surgical Simulation Market Research and Analysis by End-User
The Report Covers:
- Comprehensive research methodology of global surgical simulation market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global surgical simulation market.
- Insights about market determinants which are stimulating the global surgical simulation market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
