According to SPER Market Research, The Global Medical Simulation Market is expected to grow at a CAGR of ~13.8% from 2020 to reach USD 3.68 billion by 2027. The increase is mostly due to a rise in the desire for minimally invasive treatments, technical improvements, increased awareness of simulation education, a scarcity of healthcare professionals, and a greater emphasis on patient safety. Budget restrictions, high costs, and operational difficulties, however, could hinder this market’s expansion.
Global Medical Simulation Market Overview (2022-2030)
- Forecast CAGR (2022-2030): 13.8%
- Forecast Market Size (2030): 3.68 billion
The category for web-based simulation is anticipated to experience the highest CAGR growth during the forecast period. The easiest access to internet services, supervised learning environments, and availability of simulation processes are the factors driving this market segment’s highest growth. On the other hand, medical simulation anatomical models made up the greatest portion of the market due to the growing need for patient safety, their widespread use in academic institutions, medical settings, and military organisations.
Global Medical Simulation Market Key Segments Covered
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.
By Product & services:
- Medical Simulation Anatomical Models
- Medical Simulation Software
- Web-based Simulation
- Simulation Training Services
By interventional/surgical simulators:
- Laparoscopy Surgical Simulators
- Gynaecology Simulators
- Cardiovascular Simulators
- Orthopaedic Simulators
- Spine Simulators
By End User:
- Academic Institutes Market
- North America
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Global Medical Simulation Market Key Players:
The Global Medical Simulation Market study provides market data by the competitive landscape, revenue analysis, market segments, and detailed analysis of key market players such as; CAE, Laerdal Medical, 3D Systems, Simulab Corporation, Simulaids, Limbs & Things, Kyoto Kagaku, Mentice AB, Medaphor, Gaumard Scientific Company, Operative Experience Inc., Cardionics Inc., VirtaMed AG, SynBone AG, VRMagic Holding AG, OssimTech, HRV Simulation, Synaptive Medical, Inovus Medical, Surgical Science Sweden AG.
SPER Market Research
Lucia Jones, Business Consultant – U.S.A.