North America Medical Simulation Market 2020-2026 by Product & Service (Model-based Simulation, Web-based Simulation, Simulation Training Services), Fidelity (High, Medium, Low), End User, and Country: COVID-19 Impact and Growth Opportunity

November 2020 | 101 pages | ID: N467554CD96CEN
GMD Research

Abstracts

North America medical simulation market is expected to grow by 14.05% annually in the forecast period and reach $1,780.6 million by 2026 owing to growing incidences of chronic disorders and population, rising patient safety concerns, the heightened demand for minimally invasive surgery (MIS), and technological advancement.

Highlighted with 29 tables and 42 figures, this 101-page report “North America Medical Simulation Market 2020-2026 by Product & Service (Model-based Simulation, Web-based Simulation, Simulation Training Services), Fidelity (High, Medium, Low), End User, and Country: COVID-19 Impact and Growth Opportunity” is based on a holistic research of the entire North America medical simulation market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2016-2019 and provides forecast from 2020 till 2026 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify North America medical simulation market in every aspect of the classification from perspectives of Product & Service, Fidelity, End User, and Country.

Based on Product & Service, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section.

Model-based Simulation

• Patient Simulation (further segmented into Manikin-based Simulation, Task Trainer Simulation, Hybrid Manikin-based simulation, Standardized Patient Simulation)
• Surgical Simulation (further split into Cardiovascular Simulators, Laparoscopic Surgical Simulators, Gynecology Simulators, Arthroscopic Surgical Simulators, Orthopedic Simulators, Endovascular Simulators, Spine Simulators, Other Surgical Simulations)
• Ultrasound Simulation (further segmented into Cardiology, Anesthesia, Intensive Care Unit, Emergency Medicine, OB/GYN, Radiology, Other Ultrasound Simulations)

Web-based Simulation

• Virtual Tutors
• Performance Recording Software
• Simulation Software
• Learning Management Software

Simulation Training Services

• Vendor-based Training
• Custom Consulting Services
• Educational Societies

Based on Fidelity, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section.

• Low-fidelity
• Medium-fidelity
• High-fidelity

Based on End User, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section.

• Academic Institutions & Research Centers
• Hospitals & Clinics
• Military Organizations
• Other End Users

Geographically, the following national/local markets are fully investigated:

• U.S.
• Canada
• Mexico

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2016-2026. The breakdown of key national markets by Product & Service, Fidelity, and End User over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in North America medical simulation market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players (this may not be a complete list and extra companies can be added upon request):

• 3D Systems Corporation
• Canadian Aviation Electronics, Ltd. (CAE)
• Gaumard Scientific Company
• Intelligent Ultrasound Group Plc (Formerly Medaphor Group Plc)
• Kyoto Kagaku Co., Ltd.
• Laerdal Medical AS
• Limbs & Things Ltd.
• Mentice AB
• Simulab Corporation
• Simulaids, Inc.
• Surgical Science Sweden AB
• Virtamed AG

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF NORTH AMERICA MARKET BY PRODUCT & SERVICE

3.1 Market Overview by Product & Service
3.2 Model-based Simulation
  3.2.1 Patient Simulation
  3.2.2 Surgical Simulation
  3.2.3 Ultrasound Simulation
3.3 Web-based Simulation
  3.3.1 Virtual Tutors
  3.3.2 Performance Recording Software
  3.3.3 Simulation Software
  3.3.4 Learning Management Software
3.4 Simulation Training Services
  3.4.1 Vendor-based Training
  3.4.2 Custom Consulting Services
  3.4.3 Educational Societies

4 SEGMENTATION OF NORTH AMERICA MARKET BY FIDELITY

4.1 Market Overview by Fidelity
4.2 Low-fidelity
4.3 Medium-fidelity
4.4 High-fidelity

5 SEGMENTATION OF NORTH AMERICA MARKET BY END USER

5.1 Market Overview by End User
5.2 Academic Institutions & Research Centers
5.3 Hospitals & Clinics
5.4 Military Organizations
5.5 Other End Users

6 NORTH AMERICA MARKET 2019-2026 BY COUNTRY

6.1 Overview of North America Market
6.2 U.S.
6.3 Canada
6.4 Mexico

7 COMPETITIVE LANDSCAPE

7.1 Overview of Key Vendors
7.2 New Product Launch, Partnership, Investment, and M&A
7.3 Company Profiles

3D SYSTEMS CORPORATION

Canadian Aviation Electronics, Ltd. (CAE)
Gaumard Scientific Company
Intelligent Ultrasound Group Plc (Formerly Medaphor Group Plc)
Kyoto Kagaku Co., Ltd.
Laerdal Medical AS
Limbs & Things Ltd.
Mentice AB
Simulab Corporation
Simulaids, Inc.
Surgical Science Sweden AB
Virtamed AG

8 INVESTING IN NORTH AMERICA MARKET: RISK ASSESSMENT AND MANAGEMENT

8.1 Risk Evaluation of North America Market
8.2 Critical Success Factors (CSFs)
Related Reports and Products

List Of Tables

LIST OF TABLES

Table 1. Snapshot of North America Medical Simulation Market in Balanced Perspective, 2019-2026
Table 2. Growth Rate of World Real GDP, 2017-2021
Table 3. Main Product Trends and Market Opportunities in North America Medical Simulation Market
Table 4. North America Medical Simulation Market by Product & Service, 2016-2026, $ mn
Table 5. North America Medical Simulation Market: Model-based Simulation by Segment, 2016-2026, $ mn
Table 6. North America Medical Simulation Market: Patient Simulation by Segment, 2016-2026, $ mn
Table 7. North America Medical Simulation Market: Surgical Simulation by Segment, 2016-2026, $ mn
Table 8. North America Medical Simulation Market: Ultrasound Simulation by Segment, 2016-2026, $ mn
Table 9. North America Medical Simulation Market: Web-based Simulation by Segment, 2016-2026, $ mn
Table 10. North America Medical Simulation Market: Simulation Training Services by Segment, 2016-2026, $ mn
Table 11. North America Medical Simulation Market by Fidelity, 2016-2026, $ mn
Table 12. North America Medical Simulation Market by End User, 2016-2026, $ mn
Table 13. North America Medical Simulation Market by Country, 2016-2026, $ mn
Table 14. U.S. Medical Simulation Market by Product & Service, 2016-2026, $ mn
Table 15. U.S. Medical Simulation Market by Fidelity, 2016-2026, $ mn
Table 16. U.S. Medical Simulation Market by End User, 2016-2026, $ mn
Table 17. Canada Medical Simulation Market by Product & Service, 2016-2026, $ mn
Table 18. Canada Medical Simulation Market by Fidelity, 2016-2026, $ mn
Table 19. Canada Medical Simulation Market by End User, 2016-2026, $ mn
Table 20. Mexico Medical Simulation Market by Product & Service, 2016-2026, $ mn
Table 21. Mexico Medical Simulation Market by Fidelity, 2016-2026, $ mn
Table 22. Mexico Medical Simulation Market by End User, 2016-2026, $ mn
Table 23. 3D Systems Corporation: Company Snapshot
Table 24. 3D Systems Corporation: Business Segmentation
Table 25. 3D Systems Corporation: Product Portfolio
Table 26. 3D Systems Corporation: Revenue, 2016-2018, $ mn
Table 27. 3D Systems Corporation: Recent Developments
Table 28. Risk Evaluation for Investing in North America Market, 2019-2026
Table 29. Critical Success Factors and Key Takeaways

List Of Figures

LIST OF FIGURES

Figure 1. Research Method Flow Chart
Figure 2. Breakdown of Primary Research
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 4. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026
Figure 5. North America Medical Simulation Market, 2019-2026, $ mn
Figure 6. Impact of COVID-19 on Business
Figure 7. Primary Drivers and Impact Factors of North America Medical Simulation Market
Figure 8. Primary Restraints and Impact Factors of North America Medical Simulation Market
Figure 9. Investment Opportunity Analysis
Figure 10. Porter’s Fiver Forces Analysis of North America Medical Simulation Market
Figure 11. Breakdown of North America Medical Simulation Market by Product & Service, 2019-2026, % of Revenue
Figure 12. Contribution to North America 2020-2026 Cumulative Revenue by Product & Service, Value ($ mn) and Share (%)
Figure 13. North America Medical Simulation Market: Model-based Simulation, 2016-2026, $ mn
Figure 14. North America Medical Simulation Market: Patient Simulation, 2016-2026, $ mn
Figure 15. North America Medical Simulation Market: Surgical Simulation, 2016-2026, $ mn
Figure 16. North America Medical Simulation Market: Ultrasound Simulation, 2016-2026, $ mn
Figure 17. North America Medical Simulation Market: Web-based Simulation, 2016-2026, $ mn
Figure 18. North America Medical Simulation Market: Virtual Tutors, 2016-2026, $ mn
Figure 19. North America Medical Simulation Market: Performance Recording Software, 2016-2026, $ mn
Figure 20. North America Medical Simulation Market: Simulation Software, 2016-2026, $ mn
Figure 21. North America Medical Simulation Market: Learning Management Software, 2016-2026, $ mn
Figure 22. North America Medical Simulation Market: Simulation Training Services, 2016-2026, $ mn
Figure 23. North America Medical Simulation Market: Vendor-based Training, 2016-2026, $ mn
Figure 24. North America Medical Simulation Market: Custom Consulting Services, 2016-2026, $ mn
Figure 25. North America Medical Simulation Market: Educational Societies, 2016-2026, $ mn
Figure 26. Breakdown of North America Medical Simulation Market by Fidelity, 2019-2026, % of Revenue
Figure 27. Contribution to North America 2020-2026 Cumulative Revenue by Fidelity, Value ($ mn) and Share (%)
Figure 28. North America Medical Simulation Market: Low-fidelity, 2016-2026, $ mn
Figure 29. North America Medical Simulation Market: Medium-fidelity, 2016-2026, $ mn
Figure 30. North America Medical Simulation Market: High-fidelity, 2016-2026, $ mn
Figure 31. Breakdown of North America Medical Simulation Market by End User, 2019-2026, % of Revenue
Figure 32. Contribution to North America 2020-2026 Cumulative Revenue by End User, Value ($ mn) and Share (%)
Figure 33. North America Medical Simulation Market: Academic Institutions & Research Centers, 2016-2026, $ mn
Figure 34. North America Medical Simulation Market: Hospitals & Clinics, 2016-2026, $ mn
Figure 35. North America Medical Simulation Market: Military Organizations, 2016-2026, $ mn
Figure 36. North America Medical Simulation Market: Other End Users, 2016-2026, $ mn
Figure 37. Breakdown of North America Medical Simulation Market by Country, 2019 and 2026, % of Revenue
Figure 38. Contribution to North America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%)
Figure 39. U.S. Medical Simulation Market, 2016-2026, $ mn
Figure 40. Canada Medical Simulation Market, 2016-2026, $ mn
Figure 41. Medical Simulation Market in Mexico, 2016-2026, $ mn
Figure 42. Growth Stage of North America Medical Simulation Industry over the Forecast Period