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Global Medical Simulation Market Size study with COVID-19 impact, by Product & Services (Model-Based Simulation, Web-Based Simulation, Simulation Training Services), by Fidelity (Low-Fidelity, Medium-Fidelity, High-Fidelity), by End-User (Hospital & Clinics, Academic Institute & Research Centers, Military Organizations) and Regional Forecasts 2020-2026

May 2020 | 200 pages | ID: G71C4427A3DDEN
Bizwit Research & Consulting LLP

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Global Medical Simulation Market is valued approximately at USD XXX million in 2019 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2020-2026. Medical simulation is a technique that allows the clinical condition to be better understood, monitored, and practiced. It is a model of reality that provides a duplication of clinical situations through the use of collaborative videos, mannequins, and role playing. With the use of medical simulation, medical practitioners or learners are able to perform skills and role-play different circumstances without causing harm to a patient, thus minimizes stressful experiences during similar real-life situations. This medical simulation practice helps to enhance the quality of care given to patients and in turn facilitates to save lives. It can also be referred as the creation of real-world situations so that healthcare workers can practice, learn, and evaluate their medical skills in a safe situation or environment. The crucial goal of the medical simulation is to improve quality and patient safety outcomes. Growing number of deaths due to medical errors, increasing number of surgeries and increasing number of medical schools enroll are the few factors responsible for high CAGR of the market over the forecast period For instance, in the United States, medical error is the third leading cause of death after cancer and heart disease. A recent study of Johns Hopkins claims that over 250,000 people die each year in the United States from medical errors. Similarly, as per the Harvard University, around 5.2 million medical errors are occurring every year in India. This, in turn, is expected to accelerate the demand of Medical Simulation around the world. With the COVID-19 outbreak around the world, the necessity of studying the pathology and widespread health outcomes related to virus is being the major concern, due to which the medical education industry is extremely suffering whether the online classes are running. However, it creates a loss of collaborative experiences that has the potential to be a significant detriment to medical education industry, thereby hampering the demand for medical simulation products & services around the world. However, high cost of medical simulation setup is always being a major limiting factor to the market growth over the forecast period of 2020-2026.

The regional analysis of global Medical Simulation market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to high adoption of simulation by training centers and medical universities, rising number of professionals demanding hands on patient training coupled with the increasing demand for non-invasive technologies. Whereas, North America is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026, due to rising funding in support of simulation centers in the region.

Major market player included in this report are:
3D Systems Corporation (Simbionix)
CAE, Inc.
Gaumard Scientific Company
Kyoto Kagaku Co. Ltd.
Laerdal Medical As
Limbs and Things Ltd.
Mentice AB
Simulab Corporation
Simulaids Inc.
Surgical Science Sweden AB

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product & Services:
Model-Based Simulation
Web-Based Simulation
Simulation Training Services

By Fidelity:
Low-Fidelity
Medium-Fidelity
High-Fidelity

By End-User:
Hospital & Clinics
Academic Institute & Research Centers
Military Organizations

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global Medical Simulation Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Million)
  1.2.1. Medical Simulation Market, by Region, 2018-2026 (USD Million)
  1.2.2. Medical Simulation Market, by Product & Services, 2018-2026 (USD Million)
  1.2.3. Medical Simulation Market, by Fidelity, 2018-2026 (USD Million)
  1.2.4. Medical Simulation Market, by End-User, 2018-2026 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL MEDICAL SIMULATION MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL MEDICAL SIMULATION MARKET DYNAMICS

3.1. Medical Simulation Market Impact Analysis (2018-2026)
  3.1.1. Market Drivers
  3.1.2. Market Challenges
  3.1.3. Market Opportunities

CHAPTER 4. GLOBAL MEDICAL SIMULATION MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL MEDICAL SIMULATION MARKET, BY PRODUCT & SERVICES

5.1. Market Snapshot
5.2. Global Medical Simulation Market by Product & Services, Performance - Potential Analysis
5.3. Global Medical Simulation Market Estimates & Forecasts by Product & Services 2016-2026 (USD Million)
5.4. Medical Simulation Market, Sub Segment Analysis
  5.4.1. Model-Based Simulation
  5.4.2. Web-Based Simulation
  5.4.3. Simulation Training Services

CHAPTER 6. GLOBAL MEDICAL SIMULATION MARKET, BY FIDELITY

6.1. Market Snapshot
6.2. Global Medical Simulation Market by Fidelity, Performance - Potential Analysis
6.3. Global Medical Simulation Market Estimates & Forecasts by Fidelity 2016-2026 (USD Million)
6.4. Medical Simulation Market, Sub Segment Analysis
  6.4.1. Low-Fidelity
  6.4.2. Medium-Fidelity
  6.4.3. High-Fidelity

CHAPTER 7. GLOBAL MEDICAL SIMULATION MARKET, BY END-USER

7.1. Market Snapshot
7.2. Global Medical Simulation Market by End-User, Performance - Potential Analysis
7.3. Global Medical Simulation Market Estimates & Forecasts by End-User 2016-2026 (USD Million)
7.4. Medical Simulation Market, Sub Segment Analysis
  7.4.1. Hospital & Clinics
  7.4.2. Academic Institute & Research Centers
  7.4.3. Military Organizations

CHAPTER 8. GLOBAL MEDICAL SIMULATION MARKET, REGIONAL ANALYSIS

8.1. Medical Simulation Market, Regional Market Snapshot
8.2. North America Medical Simulation Market
  8.2.1. U.S. Medical Simulation Market
    8.2.1.1. Product & Services breakdown estimates & forecasts, 2016-2026
    8.2.1.2. Fidelity breakdown estimates & forecasts, 2016-2026
    8.2.1.3. End-User breakdown estimates & forecasts, 2016-2026
  8.2.2. Canada Medical Simulation Market
8.3. Europe Medical Simulation Market Snapshot
  8.3.1. U.K. Medical Simulation Market
  8.3.2. Germany Medical Simulation Market
  8.3.3. Rest of Europe Medical Simulation Market
8.4. Asia-Pacific Medical Simulation Market Snapshot
  8.4.1. China Medical Simulation Market
  8.4.2. India Medical Simulation Market
  8.4.3. Japan Medical Simulation Market
  8.4.4. Rest of Asia Pacific Medical Simulation Market
8.5. Latin America Medical Simulation Market Snapshot
  8.5.1. Brazil Medical Simulation Market
  8.5.2. Mexico Medical Simulation Market
8.6. Rest of The World Medical Simulation Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. 3D Systems Corporation (Simbionix)
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. CAE, Inc.
  9.2.3. Gaumard Scientific Company
  9.2.4. Kyoto Kagaku Co. Ltd.
  9.2.5. Laerdal Medical As
  9.2.6. Limbs and Things Ltd.
  9.2.7. Mentice AB
  9.2.8. Simulab Corporation
  9.2.9. Simulaids Inc.
  9.2.10. Surgical Science Sweden AB

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL MEDICAL SIMULATION MARKET
TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL MEDICAL SIMULATION MARKET
TABLE 3. GLOBAL MEDICAL SIMULATION MARKET, REPORT SCOPE
TABLE 4. YEARS CONSIDERED FOR THE STUDY
TABLE 5. EXCHANGE RATES CONSIDERED
TABLE 6. GLOBAL MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY REGION 2016-2026 (USD MILLION)
TABLE 7. GLOBAL MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY PRODUCT & SERVICES 2016-2026 (USD MILLION)
TABLE 8. GLOBAL MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY FIDELITY 2016-2026 (USD MILLION)
TABLE 9. GLOBAL MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY END-USER 2016-2026 (USD MILLION)
TABLE 10. GLOBAL MEDICAL SIMULATION MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 11. GLOBAL MEDICAL SIMULATION MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 12. GLOBAL MEDICAL SIMULATION MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 13. GLOBAL MEDICAL SIMULATION MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 14. GLOBAL MEDICAL SIMULATION MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 15. GLOBAL MEDICAL SIMULATION MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 16. GLOBAL MEDICAL SIMULATION MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 17. GLOBAL MEDICAL SIMULATION MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 18. GLOBAL MEDICAL SIMULATION MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 19. GLOBAL MEDICAL SIMULATION MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 20. U.S. MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 21. U.S. MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 22. U.S. MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 23. CANADA MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 24. CANADA MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 25. CANADA MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 26. UK MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 27. UK MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 28. UK MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 29. GERMANY MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 30. GERMANY MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 31. GERMANY MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 32. ROE MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 33. ROE MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 34. ROE MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 35. CHINA MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 36. CHINA MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 37. CHINA MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 38. INDIA MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 39. INDIA MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 40. INDIA MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 41. JAPAN MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 42. JAPAN MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 43. JAPAN MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 44. ROAPAC MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 45. ROAPAC MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 46. ROAPAC MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 47. BRAZIL MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 48. BRAZIL MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 49. BRAZIL MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 50. MEXICO MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 51. MEXICO MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 52. MEXICO MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 53. ROLA MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 54. ROLA MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 55. ROLA MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 56. ROW MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
TABLE 57. ROW MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 58. ROW MEDICAL SIMULATION MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

LIST OF FIGURES

FIG 1. GLOBAL MEDICAL SIMULATION MARKET, RESEARCH METHODOLOGY
FIG 2. GLOBAL MEDICAL SIMULATION MARKET, MARKET ESTIMATION TECHNIQUES
FIG 3. GLOBAL MARKET SIZE ESTIMATES & FORECAST METHODS
FIG 4. GLOBAL MEDICAL SIMULATION MARKET, KEY TRENDS 2019
FIG 5. GLOBAL MEDICAL SIMULATION MARKET, GROWTH PROSPECTS 2020-2026
FIG 6. GLOBAL MEDICAL SIMULATION MARKET, PORTERS 5 FORCE MODEL
FIG 7. GLOBAL MEDICAL SIMULATION MARKET, PEST ANALYSIS
FIG 8. GLOBAL MEDICAL SIMULATION MARKET, VALUE CHAIN ANALYSIS
FIG 9. GLOBAL MEDICAL SIMULATION MARKET BY SEGMENT, 2016 & 2026 (USD MILLION)
FIG 10. GLOBAL MEDICAL SIMULATION MARKET BY SEGMENT, 2016 & 2026 (USD MILLION)
FIG 11. GLOBAL MEDICAL SIMULATION MARKET BY SEGMENT, 2016 & 2026 (USD MILLION)
FIG 12. GLOBAL MEDICAL SIMULATION MARKET BY SEGMENT, 2016 & 2026 (USD MILLION)
FIG 13. GLOBAL MEDICAL SIMULATION MARKET BY SEGMENT, 2016 & 2026 (USD MILLION)
FIG 14. GLOBAL MEDICAL SIMULATION MARKET, REGIONAL SNAPSHOT 2016 & 2026
FIG 15. NORTH AMERICA MEDICAL SIMULATION MARKET 2016 & 2026 (USD MILLION)
FIG 16. EUROPE MEDICAL SIMULATION MARKET 2016 & 2026 (USD MILLION)
FIG 17. ASIA PACIFIC MEDICAL SIMULATION MARKET 2016 & 2026 (USD MILLION)
FIG 18. LATIN AMERICA MEDICAL SIMULATION MARKET 2016 & 2026 (USD MILLION)
FIG 19. GLOBAL MEDICAL SIMULATION MARKET, COMPANY MARKET SHARE ANALYSIS (2019)

COMPANIES MENTIONED

3D Systems Corporation (Simbionix)
CAE, Inc.
Gaumard Scientific Company
Kyoto Kagaku Co. Ltd.
Laerdal Medical As
Limbs and Things Ltd.
Mentice AB
Simulab Corporation
Simulaids Inc.
Surgical Science Sweden AB


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