The General Medicine Education Publishing Market , by Publishing Type (Online Publishing (Online Reference Tools, Mobile Applications, Multimedia Content, Textbooks, Testing & Self-Assessment, Training, and Distance Learning) and Print Publishing (Custom Content, Textbooks, Testing & Self-Assessment, Hospital Training, and Distance Learning)) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$ 5,012.2 Million in 2023 and is expected to exhibit a CAGR of 7.1% during the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights.
Major players in the market are focused on offering open access to their journals. For instance, in October 2019, Thieme Medical Publishers, a publishing company added the new open access offering pediatric and congenital cardiology in its specialist journal ‘The Thoracic and Cardiovascular Surgeon’.
Global General Medicine Education Publishing Market– Impact of Coronavirus (COVID-19) Pandemic
The COVID-19 pandemic and lockdowns in various countries across the globe have impacted the financial status of businesses across all sectors, including the private healthcare sector. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry, mainly due to strict lockdowns in several regions. Private healthcare is one such sector that has been impacted significantly by the COVID-19 pandemic.
However, the COVID-19 pandemic had a positive impact on the global general medicine education publishing market, as the research/review articles were being published during the COVID-19 pandemic. For instance, in The American Journal of Medicines, the article titled ‘Update in Outpatient General Internal Medicine’ was published in July 2020.
Global General Medicine Education Publishing Market: Key Developments
In January 2021, Thieme Medical Publishers, Inc., a Germany-based medical and science publisher, announced an agreement with ZB MED, Information Centre for Life Science in Germany, the Forschungszentrum Jülich, and eight other specialist libraries. As part of the agreement, authors from participating institutions will be able to publish original works in four worldwide specialist Thieme Journals for free. International Journal of Sports Medicine, Pharmacopsychiatry, Thrombosis and Haemostasis, and Methods of Information in Medicine are among the publications included in the deal.
In January 2019, Springer Healthcare, a part of Springer Nature Switzerland AG, partnered with The American College of Chest Physicians (CHEST), a provider of chest medicine education, to expand the reach of CHEST’s state-of-the-art education and content to healthcare professionals worldwide.
Browse 25 Market Data Tables and 27 Figures spread through 120 Pages and in-depth TOC on “Global General Medicine Education Publishing Market”- Forecast to 2030, Global General Medicine Education Publishing Market, by Publishing Type (Online Publishing (Online Reference Tools, Mobile Applications, Multimedia Content, Textbooks, Testing & Self-Assessment, Training, and Distance Learning) and Print Publishing (Custom Content, Textbooks, Testing & Self-Assessment, Hospital Training, and Distance Learning)) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
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Moreover, the increasing adoption of growth strategies such as the product launches by market players is expected to drive the market growth over the forecast period. For instance, in May 2022, McGraw Hill, a U.S. based publishing company for educational content, software, and services, announced the publication of the 21st edition of Harrison's Principles of Internal Medicine, the foremost, medical reference worldwide for medical and healthcare students, faculty, and practitioners.
Key Takeaways of the Global General Medicine Education Publishing Market:
- The global general medicine education publishing market is expected to exhibit a CAGR of 5.9% during the forecast period due to an increasing promotion of online education. For instance, in April 2020, the Ministry of Education, India, launched Bharat Padhe Campaign. The campaign aimed to promote the available digital education platforms.
- Among publishing type, the online publishing segment is estimated to hold a dominant position in the global general medicine education publishing market, owing to increasing product launches by key market players. For instance, in March 2022, McMaster University launched a new edition of the McMaster Textbook of Internal Medicine. It is a South Asian Edition 2022 and is available both in print and online.
- Among regions, North America is estimated to account for the largest market share in the global general medicine education publishing market, owing to the increase in product launches by market players
- Major players operating in the global general medicine education publishing market include RELX plc, Kaplan, Inc., McGraw-Hill Education, Springer Nature Switzerland AG, Thieme Medical Publishers, John Wiley & Sons, Inc., and Wolters Kluwer N.V.
