Medical Simulation Market Size Report, 2021-2026 – IMARC Group

According to IMARC Group’s latest report, titled “Medical Simulation Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global medical simulation market exhibited strong growth during 2015-2020. Medical simulation refers to the virtual duplication of healthcare activities for the training of nurses, physicians, surgeons and other practitioners. It is an artificial representation of the real-world processes to facilitate experiential learning of various gynecological, cardiac, surgical and arthroscopic procedures. The medical simulation aids in improving patient safety and enhancing the psychomotor, clinical decision-making and crisis resource management skills of the healthcare providers. As a result, it is widely used across military organizations, hospitals, research facilities, academic institutes and ambulatory care centers.

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The global medical simulation market is primarily being driven by significant growth in the healthcare industry. Medical simulators are widely being adopted due to the increasing concern over patient safety and providing adequate procedural training to professionals. Moreover, various technological advancements, such as the integration of simulators with artificial intelligence (AI) and augmented reality (AR) solutions, are providing a thrust to the market growth. These technologies aid in monitoring the behavior of the clinicians and their interaction with the laboratory, medical systems and clinical equipment. Other factors, including the increasing requirement for medical simulation for minimally invasive (MI) procedures, along with the widespread adoption of laparoscopic simulation systems for effective cancer treatment, are creating a positive outlook for the market. Looking forward, IMARC Group expects the market to grow at a CAGR of around 12% during 2021-2026.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape:

  • Cardionics Inc.
  • 3B Scientific GmbH
  • Gaumard Scientific Company Inc.
  • Kyoto Kagaku Co. Ltd
  • Laerdal Medical
  • Mentice
  • Operative Experience Inc.
  • Simbionix USA Corporation
  • 3D Systems
  • Simulab Corporation
  • Surgical Science Sweden AB
  • Synaptive Medical Inc.
  • SynBone AG
  • VirtaMed AG.

Key Market Segmentation:

Breakup by Product and Services:

  • Model-based Simulation
  • Surgical Simulation
  • Ultrasound Simulation
  • Web-based Simulation
  • Simulation Training Services 

Breakup by Fidelity:

  • Low Fidelity
  • Medium Fidelity
  • High Fidelity 

Breakup by End User:

  • Hospitals and Clinics
  • Academic Institutions and Research Centers
  • Military Organizations
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key highlights of the report:                                                          

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Market Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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