Medical Simulation Market Share, Future Demand, Global Research, Key Players, Emerging Trends and Forecast to 2030 - PowerPoint PPT Presentation

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Title: Medical Simulation Market Share, Future Demand, Global Research, Key Players, Emerging Trends and Forecast to 2030


1
Market Industry Reports
Global Medical Simulation Market Analysis and
Forecast 2019-2030 by Product and Services,
Fidelity and End Users
2
Medical Simulation Market by Product Services
(Healthcare Anatomical Models, Web-Based
Simulators, Medical Simulation Software and
Simulation Training Services), Fidelity
(Low-fidelity, Medium-fidelity and
High-fidelity), End Users (Academic Institutes,
Hospitals, Research Centers and Others) Global
Analysis and Forecast 2019-2030
Medical Simulation Market
Market Industry Reports (MIR) has published a new
report titled Medical Simulation Market - Global
Industry Analysis, Size, Share, Growth, Trends,
and Forecast, 20192030. According to the
report, the global medical simulation market is
estimated to be over US 1,400 Mn in 2018. It is
anticipated to grow at a double digit CAGR from
2019 to 2030.   The continual growth of the
medical simulation market can be attributed to
several factors which have led to wide-scale
adoption of these products. These medical
simulation products are extensively used for
increasing focus on patient safety. As there is
an increasing demand for minimally invasive
procedures, it is anticipated to further
contribute to the substantial growth of the
global medical simulation market between 2019 and
2030. To obtain better insights regarding the
market scenario, prominent players are
increasingly focusing on innovation and
advancements in technologies. For instance,
American Society of Anesthesiologists and CAE
healthcare launched first-of-its-kind interactive
simulation product called Anesthesia SimSTAT.
However, the high cost of medical simulators can
hamper the growth of the overall market.
3
Medical Simulation Market by Product Services
(Healthcare Anatomical Models, Web-Based
Simulators, Medical Simulation Software and
Simulation Training Services), Fidelity
(Low-fidelity, Medium-fidelity and
High-fidelity), End Users (Academic Institutes,
Hospitals, Research Centers and Others) Global
Analysis and Forecast 2019-2030
Browse key industry insights spread across 150
pages with market data tables figures charts
from the report, Medical Simulation Market by
Product Services (Healthcare Anatomical Models,
Web-Based Simulators, Medical Simulation Software
and Simulation Training Services), Fidelity
(Low-fidelity, Medium-fidelity and
High-fidelity), End Users (Academic Institutes,
Hospitals, Research Centers and Others) Global
Analysis and Forecast 2019-2030 in detail along
with the table of contentshttps//www.marketindus
tryreports.com/64/medical-simulation-market Innov
ation and Technological Advancements Over the
period, the evolution in innovation and
technology has played a vital role in
contributing to the growth of the global medical
simulation industry. Patient-Specific Virtual
Reality Simulation is the new technological
advancement that allows the practice of upcoming
real operations and used for minimally invasive
neurosurgery. CAE healthcare came up with CAE
Luna infant simulator which is designed to
fulfill clinical training requirements for
neonatal and infant care. Furthermore, this
simulator is also used to stimulate the critical
newborn baby conditions that require an
interprofessional team response. 3D Systems
announced its new Simbionix ARTHRO Mentor Express
training simulator to help medical professionals
to learn surgical procedures for knees,
shoulders, and hips on a portable and affordable
tabletop platform. Guanard Scientific has
innovated the worlds most advanced pediatric
patient simulator which is capable of simulating
lifelike emotions through dynamic facial
expressions, movement, and speech. These factors
are anticipated to present a lucrative growth
opportunity for the global medical simulation
market in the coming years.
4
Medical Simulation Market by Product Services
(Healthcare Anatomical Models, Web-Based
Simulators, Medical Simulation Software and
Simulation Training Services), Fidelity
(Low-fidelity, Medium-fidelity and
High-fidelity), End Users (Academic Institutes,
Hospitals, Research Centers and Others) Global
Analysis and Forecast 2019-2030
High Cost of Medical Simulators to hamper the
overall growth The cost of medical simulators is
very high to buy and maintain. Owing to its high
price, the small and medium-sized healthcare
training centers and educational institutes are
not able to afford it. Therefore, this hampers
the growth of medical simulation market. The
market price of the equipment, accessories and
training is very costly. Additionally, equipment
maintenance requires high cost due to annual
subscription fees, software upgrade costs and
technological support. Moreover, simulators
require computers, projectors and a separate room
which ultimately affects the cost of the overall
product, these factors can restrain the global
medical simulation growth. Download free PDF
sample Copy_at_ https//www.marketindustryreports.com
/pdf/64 Rapid Growth of the Asia Pacific
Market Asia Pacific is estimated to witness the
highest CAGR during the forecast period.
Increasing population, continuously growing
economy and increasing awareness is expected to
aid the growth of the medical simulation market
in this region. Additionally, this region is
expected to show the fastest growth due to
increasing demand for healthcare simulation and
related services and increasing government
spending on healthcare research. China is known
as the home for producing low-cost electronic
chips, simulator models parts and components,
software and anatomical models. Due to the
availability of huge labor and low manufacturing
cost, ease of doing business is high in the Asia
Pacific market.  This is an important factor
estimated to augment the market in this region.
5
Medical Simulation Market by Product Services
(Healthcare Anatomical Models, Web-Based
Simulators, Medical Simulation Software and
Simulation Training Services), Fidelity
(Low-fidelity, Medium-fidelity and
High-fidelity), End Users (Academic Institutes,
Hospitals, Research Centers and Others) Global
Analysis and Forecast 2019-2030
Table of content
1 INTRODUCTION 1.1 Research
Methodology 1.2 Market Definition 1.3
Market Ecosystem 1.3.1 Market
Classification 1.3.2 Geographic Scope 1.3.3
Years Considered for the Study 1.3.3.1
Historical Years 2016 2017 Base Year 2018
Forecasted Years 2019 to 2030
2 RESEARCH METHODOLOGY 2.1 Research
Framework 2.2 Data Collection Technique 2.3
Data Sources 2.3.1 Secondary
Sources 2.3.2 Primary Sources 2.4
Market Estimation Methodology 2.4.1 Bottoms
Up Approach 2.4.2 Top Down Approach
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imulation-market
6
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About Market Industry Reports
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Industry Reports is at the forefront of
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imulation-market
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