Simulation-based medical education is used to aid students in developing correct attitude and skills which helps to cope with critical situations in a well-planned manner and avoid harm to the patient caused due to practices conducted by inexperienced trainees. Countries such as China and India are the targeted regions for market players to enhance their market shares in the blooming healthcare industry in these countries. Governments in emerging economies are increasingly investing in healthcare facilities and focusing on creating awareness towards the benefits of medical simulators. This is expected to increase its adoption, thus aiding in growth of the market.
Market Dynamics
The rising launch of high-fidelity simulators which provide the most realistic experience by the developers is a major factor propelling market growth. For instance, in February 2018, MedaPhor launched BodyWorks Eve, a high-fidelity female manikin-based simulator that can be used by medical professionals to meet educational requirements. The Point of Care Ultrasound (PoCUS) simulator can be used across emergency medicine and critical care.
Moreover, increasing healthcare expenditure is also expected to boost adoption of medical simulators. The healthcare spending will improve quality of the healthcare services, aid in employing more practitioners, and better medical training and developed infrastructure with advanced software. For instance, according to World Health Organization, China’s healthcare market reached US$ 853.7 billion in 2016, an increase of 12% in local currency, the number projected to reach $1.1 trillion by 2020.
However, simulators cannot mimic human systems completely. The complexity and diversity of human systems is very high and difficult to be mimicked by instruments or software, providing the inadequate information as compared to human response. Moreover, medical stimulators require technically trained professionals to guide through the learning process involved in simulation-based medical education. All such factors are expected to negatively impact the market growth over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global healthcare simulators market, market size (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the forecast period: 2018 – 2026, considering 2017 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
- It profiles key players in the global healthcare simulators market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
- Key players covered as a part of this study include, Laerdal Medical, 3D Systems, Simulab Corporation, Simulaids, Inc., Kyoto Kagaku, Mentice, Medaphor, CAE Healthcare, Gaumard Scientific Company, Limbs & Things, BT, Inc., Trandomed 3D, INC., Fujian Zhongli Co., Ltd., and Tellyes Scientific Co., Ltd
- Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
- The global healthcare simulators market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for global healthcare simulators market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
- Global Healthcare Simulators Market, By Product and Services Type:
- Anatomical Models
- Interventional/ Surgical Simulators
- Laparoscopic Surgical Simulators
- Gynaecology 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
- Simulation Training Services
- Global Healthcare Simulators Market, By Fidelity (Anatomical Models):
- Low-fidelity
- Medium-fidelity
- Global Healthcare Simulators Market, By End User:
- Academic & Research Institutes
- Hospitals
- Military Organizations
- Global Healthcare Simulators Market, By Region:
- North America
- By Country:
- By Product and Services Type:
- Anatomical Models
- Interventional/ Surgical Simulators
- Laparoscopic Surgical Simulators
- Gynaecology 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
- Simulation Training Services
- By Fidelity (Anatomical Models):
- Low-fidelity
- Medium-fidelity
- High-fidelity
- By End User:
- Academic & Research Institutes
- Hospitals
- Military Organizations
- Europe
- By Country:
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- By Product and Services Type:
- Anatomical Models
- Interventional/ Surgical Simulators
- Laparoscopic Surgical Simulators
- Gynaecology 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
- Simulation Training Services
- By Fidelity (Anatomical Models):
- Low-fidelity
- Medium-fidelity
- High-fidelity
- By End User:
- Academic & Research Institutes
- Hospitals
- Military Organizations
- Asia Pacific
- By Country:
- Australia
- India
- China
- Japan
- ASEAN
- South Korea
- Rest of Asia Pacific
- By Product and Services Type:
- Anatomical Models
- Interventional/ Surgical Simulators
- Laparoscopic Surgical Simulators
- Gynaecology 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
- Simulation Training Services
- By Fidelity (Anatomical Models):
- Low-fidelity
- Medium-fidelity
- High-fidelity
- By End User:
- Academic & Research Institutes
- Hospitals
- Military Organizations
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Product and Services Type:
- Anatomical Models
- Interventional/ Surgical Simulators
- Laparoscopic Surgical Simulators
- Gynaecology 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
- Simulation Training Services
- By Fidelity (Anatomical Models):
- Low-fidelity
- Medium-fidelity
- High-fidelity
- By End User:
- Academic & Research Institutes
- Hospitals
- Military Organizations
- Middle East
- By Country:
- GCC
- Israel
- Rest of Middle East
- By Product Type:
- By Product and Services Type:
- Anatomical Models
- Interventional/ Surgical Simulators
- Laparoscopic Surgical Simulators
- Gynaecology 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
- Simulation Training Services
- By Fidelity (Anatomical Models):
- Low-fidelity
- Medium-fidelity
- High-fidelity
- By End User:
- Academic & Research Institutes
- Hospitals
- Military Organizations
- Africa
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- By Product and Services Type:
- Anatomical Models
- Interventional/ Surgical Simulators
- Laparoscopic Surgical Simulators
- Gynaecology 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
- Simulation Training Services
-
-
- By Fidelity (Anatomical Models):
- Low-fidelity
- Medium-fidelity
- High-fidelity
- By End User:
- Academic & Research Institutes
- Hospitals
- Military Organizations
- Company Profiles
- Laerdal Medical*
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- 3D Systems
- Simulab Corporation
- Simulaids, Inc.
- Kyoto Kagaku
- Mentice
- Medaphor
- CAE Healthcare
- Gaumard Scientific Company
- Limbs & Things
- BT, Inc.
- Trandomed 3D, Inc.
- Fujian Zhongli Co., Limited
- Tellyes Scientific Co., Ltd
“*” marked represents similar segmentation in other categories in the respective section.
