Medical Simulation Market by Product and 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, and Research Centers) – Global Analysis and Forecast 2019-2030

Report ID : 64  |  Published Date : Apr 2019  |  Pages : 150  |  Region : Global  |  Report Code : MD-36


Medical Simulation Market Overview and Introduction

Medical simulation is now widely used in education and training in a variety of high risk professions and disciplines, including the military, commercial airlines, nuclear power plants, business and medicine. Simulation based medical education can be defined as any educational activity that utilizes simulative aides to replicate clinical scenarios. A device that facilitates the learner to replicate and perform under experimental conditions that are likely to occur while interacting with the actual patient is called as simulator.  Medical simulation plays an important role to reduce risks to patients and learners, helps to improve capability and self-confidence of learners and, reduces medical costs in the future.

The consistent development of the medical simulation market can be attributed to a few factors which have prompted wide scale response of these items which are broadly utilized for expanding center around patient safety.  The growth in innovation and technology plays an important role in contributing to the growth of the global medical simulation market. Medical based simulation is a crucial educational training tool, to improve patient’s safety. Simulation offers ethical benefits, medical precision, relevance of training, and competency assessment. It suggests some new methods of coaching error management and safety culture. However, the high cost of the medical simulator is likely to restrain the growth of medical simulation market.

Medical Simulation Market by Product & Services

On the basis of product and services, the medical simulation market is segmented into healthcare anatomical models, web-based simulation, medical simulation software and simulation training services. The healthcare anatomical model holds the largest share of the market due to the high adoption of healthcare anatomical products. The healthcare anatomical model is further classified into patient simulators, task trainers, surgical simulators, ultrasound simulators, endovascular simulators, dental simulators and eye simulators. The surgical simulators are further segmented into laparoscopic surgical simulators, arthroscopic surgical simulators, cardiovascular simulators, gynecology simulators and other interventional simulators. Medical simulation software is also further divided into performance recording software and virtual tutors. Moreover, simulation training services are also categorized as vendor-based training, educational societies and custom consulting services.

Medical Simulation Market by Fidelity

On the basis of fidelity, the market can be segmented into low-fidelity, medium-fidelity and, high-fidelity. End User for the medical simulation market can be segmented into academic institutes, hospitals, and research centers. Academic institutes account for the maximum share of the medical simulation market to improve learners’ competence and confidence.

Medical Simulation Market by Regions 

The global medical simulation market can be segmented into North America, Europe, Asia Pacific and, Rest of World (ROW). North America dominated the market of medical simulators followed by Europe and Asia Pacific. Dominant share of North America in the medical simulation market during forecast period attributed to factors such as ease of accessibility to technologies, well established distribution channels, and rising number of healthcare professionals. However, Asia Pacific is to witness the highest CAGR in this market. Factors such as the shortage of healthcare personnel, technological advancements, and growing awareness for simulation education are likely to attract healthcare service providers from different parts of the world.

Major Players in the Medical Simulation Market

The prominent players in the medical simulation market are CAE Inc., 3D Systems Inc., Laerdal Medical AS, Guamard Scientific, Mentice AB, Limbs & Things LTD, Simulaids Inc., Simulab Corporation, Kyoto Kagaku Co. Ltd., Surgical Science Sweden AB.

Table of Contents

  1. INTRODUCTION
    1. Market Definition
    2. Market Ecosystem
      1.  Market Classification
      2.  Geographic Scope
      3.  Years Considered for the Study
        1. Historical Years – 2016 & 2017
        2. Base Year – 2018
        3. Forecasted Years – 2019 to 2030
    3. Currency Used
  2. RESEARCH METHODOLOGY
    1. Research Framework
    2. Data Collection Technique
    3. Data Sources
      1.  Secondary Sources
      2.  Primary Sources
    4. Market Estimation Methodology
      1.  Bottoms Up Approach
      2.  Top Down Approach
    5. Data Validation and Triangulation
      1.  Market Forecasting Model
      2.  Limitations/Assumptions of the Study
  3. ABSTRACT OF THE STUDY
  4. MARKET DYNAMICS ASSESMENT
    1. Overview
    2. Drivers
    3. Barriers/Challenges
    4. Opportunities
  5. UNIQUE SELLING PROPOSITIONS (USPs)
    1. Regulatory Landscape Assessment
    2. Application Horizon Assessment
    3. Technological Advancements
  6. GLOBAL MEDICAL SIMULATION MARKET - ANALYSIS & FORECAST, BY PRODUCT & SERVICES
    1. Healthcare Anatomical Models
      1. Patient Simulators
      2. Task Trainers
      3. Surgical Simulators
        1. Laparoscopic Surgical Simulators
        2. Arthroscopic Surgical Simulators
        3. Cardiovascular Simulators
        4. Gynecology Simulators
        5. Other Interventional Simulators
      4. Ultrasound Simulators
      5. Endovascular Simulators
      6. Dental Simulators
      7. Eye Simulators
    2. Web-based Simulators
    3. Medical Simulation Software
      1. Performance Recording  Software
      2. Virtual Tutors
    4. Simulation Training Services
      1. Vendor-based Training
      2. Educational Societies
      3. Custom Consulting Services
  7. GLOBAL MEDICAL SIMULATION MARKET - ANALYSIS & FORECAST, BY FIDELITY
    1. Low-fidelity 
    2. Medium-fidelity
    3. High-fidelity
  8. GLOBAL MEDICAL SIMULATION MARKET - ANALYSIS & FORECAST, BY END USER
    1. Academic Institutes
    2. Hospitals
    3. Research Centers
    4. Others
  9. GLOBAL MEDICAL SIMULATION MARKET - ANALYSIS & FORECAST, BY REGION
    1.   North America Medical Simulation Market
      1.  North America Medical Simulation Market, By Country
        1.  US
        2.  Canada
      2. North America Medical Simulation Market Analysis & Forecast, By Product & Services
      3. North America Medical Simulation Market Analysis & Forecast, By Fidelity
      4. North America Medical Simulation Market Analysis & Forecast, By End User
    2. Europe Medical Simulation Market
      1. Europe Medical Simulation Market, By Country/Region
        1. Germany
        2. U.K
        3. France
        4. Rest of Europe (ROE)
      2. Europe Medical Simulation Market Analysis & Forecast, By Product & Services
      3. Europe Medical Simulation Market Analysis & Forecast, By Fidelity
      4. Europe Medical Simulation Market Analysis & Forecast, By End User
    3. Asia Pacific Medical Simulation Market
      1. Asia Pacific Medical Simulation Market, By Country/Region
        1. China
        2. Japan
        3. India
        4. Rest of Asia Pacific (RoAPAC)
      2. Asia Pacific Medical Simulation Market Analysis & Forecast, By Product & Services
      3. Asia Pacific Medical Simulation Market Analysis & Forecast, By Fidelity
      4. Asia Pacific Medical Simulation Market Analysis & Forecast, By End User
    4.   Rest of the World (ROW) Medical Simulation Market
      1. Rest of the World Medical Simulation Market, By Country/ Region
        1.  Latin America
        2.  Middle East & Africa
      2. Rest of the World Medical Simulation Market Analysis & Forecast, By Product & Services
      3. Rest of the World Medical Simulation Market Analysis & Forecast, By Fidelity
      4. Rest of the World Medical Simulation Market Analysis & Forecast, By End User
  10. COMPETETIVE LANDSCAPE
    1. Market Share Analysis (2018)
    2. Key Strategies Assessment
      1. New Product & Services Launches
      2. Merger & Acquisitions
      3. Agreements, Collaborations, & Partnerships
      4. Expansions
      5. Other Strategies
  11. COMPANY PROFILES (Business Overview, Products & Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
    1. CAE Inc.
    2. 3D Systems Inc.
    3. Laerdal Medical AS
    4. Guamard Scientific
    5. Mentice AB 
    6. Limbs & Things Ltd.  
    7. Simulaids Inc.
    8. Simulab Corporation
    9. Kyoto Kagaku Co. Ltd.
    10. Surgical Science Sweden AB

*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain