The factors such as limited access to live patient during training, advancement in medical education, growing demand for minimally invasive treatments, increasing focus on patient safety, and increasing demand for virtual training due to current COVID-19 situation are likely to contribute to the healthy growth of the market.
New York, July, 2021: Axiom Market Research & Consulting™ added a report on global medical simulation market which includes study on products and services, end user across various countries of key regions across the globe. The global medical simulation market was projected to grow at a CAGR of 16.4% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the medical simulation market.
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The report analyses the global medical simulation industry based on products and services, end user and geography. Various products and services covered in global medical simulation are patient simulator, task trainer, surgical simulator, dental simulator, eye simulator, ultrasound simulator and simulation software. Based on end user, the market is segmented into academic institute, research centre, hospitals & clinics, military organization. The medical simulation market is studied across various key countries of regions such as, North America, Europe, Asia Pacific and Rest of the World.
The key competitors of this market include Cae Inc., 3D Systems, Laerdal Medical, Gaumard Scientific Company, Kyoto Kagaku, Limbs & Things, Mentice Ab, Simulab Corporation, Intelligent Ultrasound Group Plc, Operative Experience Inc., Surgical Science Sweden Ab., Cardionics Inc., Virtamed Ag, Synbone Ag, Vrmagic Holding Ag., Ossimtech, Hrv Simulation, Synaptive Medical and Inovus Medical among others.
Medical Simulation Market Regional Trends
Asia Pacific is expected to witness the fastest growth in upcoming years owing to hold significant share in terms of value. The key factors attributed to the market growth are rising focus on medical training, increase healthcare expenditure, high population. China followed by Japan and India is projected to be the fastest growing market due to increasing demand for products in the region.
Medical Simulation Market Segmental Highlights
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Research Objectives of Medical Simulation Market Report:
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