The global medical simulation market is anticipated to grow at a considerable CAGR of 13.3 % during the forecast period (2021-2027). The key companies across the globe are adopting different business strategies including expanding their geographic presence, R&D activities, new product approvals, mergers & acquisitions, partnerships, and collaborations to increase market share. For instance, in April 2020, CAE Inc. had announced the collaboration with Area9 Lyceum, one of the leaders in adaptive learning. This collaboration was done to provide clinicians with an online COVID-19 Ventilator Reskilling course. The company can quickly instruct physicians with varying levels of experience in ventilator control to attain the needed competencies for optimal treatment using the Area9 Lyceum adaptive learning platform. More than 65,000 laboratory experts have been certified on the COVID-19 course established by Area9 Lyceum and renowned laboratory specialists.
Browse the full report description Global Medical Simulation Market Size, Share & Trends Analysis Report By Products & Services (Web-based Simulation, Model-based Simulation, and Simulation Training Services), By Technology (Low Fidelity Simulators, Medium Fidelity Simulators, and High Fidelity Simulators), By End-User (Academic Institutes & Research Centers, and Hospitals) Forecast, 2021-2027 at https://www.omrglobal.com/industry-reports/medical-simulation-market
Further, in April 2020, 3D Systems collaborated with Ben Gurion University in Israel and Beer-Sheva University in Israel. The goal of the cooperation was to create training modules that would allow physicians to learn how to use ultrasound equipment to perform quick and accurate lung diagnostics and enhance Covid-19 Triage. Besides, the market growth is mainly attributed to the rise in the number of medical professionals across the globe. As per the estimation of NCBI, there were more than 60 million healthcare workers in the world out of which 1.77 million were skilled ones in 2019. Moreover, as per the estimation of NSSO (National Sample Survey Office), the current estimate of 1.77 million is estimated to reach 2.65 million in 2030. The Sustainable Development Goal 3 on health to have additional 9 million nurses and midwives and initiatives to achieve UHC (Universal health coverage) for the need of 18 million more health workers by 2030 in undeveloped and emerging economies is estimated to drive the growth of the market.
Market Coverage
o By Products & Services
o By Technology
o By End-Users
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global Medical Simulation Market Report Segment
By Product & Service
o Simulation Software
o Performance Recording Software
o Virtual Tours
o Patient Simulators
o Ultrasound Simulators
o Surgical Simulators
o Endovascular Simulators
o Others (Dental Simulators and Eye Simulators)
o Vendor-Based Training
o Educational Societies
o Custom Consulting & Training Services
By Technology
By End Users
Global Medical Simulation Market Report Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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