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Medical Simulation Market to Witness Robust Growth | Laerdal Medical AS, CAE, Inc., 3D Systems, Inc., Simulab Corporation

medical simulation market to witness robust growth laerdal medical as cae inc 3d systems inc simulab corporation

Oct 23, 2020 7:36 AM ET
iCrowd Newswire – Oct 23, 2020

Medical Simulation Market by Product & Service (Model-based Simulation, Web-based simulation, and Simulation Training Services), Fidelity (Low-fidelity, Medium-fidelity, and High-Fidelity), and End User (Academic Institutes and Research Centers, Hospitals & Clinics, and Military Organizations): Global Opportunity Analysis and Industry Forecast 2025  , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of 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. It places the market within the context of the wider Medical Simulation market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Medical Simulation market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Medical simulation is the virtual duplication of in situ activities or phenomenon, representing the functions and properties of a selective real abstract or process. It is used to train healthcare professionals using advanced healthcare technologies.

The global medical simulation market was valued at $1,132 million in 2017 and is estimated to reach $ 3,251 million by 2025, registering a CAGR of 14.0% from 2018 to 2025. The global medical simulation market is driven by the increase in use of simulation in healthcare, rise in deaths due to medical errors, and necessity to improve patient safety outcomes. Moreover, the benefits of medical simulation such as training of complex as well as normal cases for professionals and technological advancements in medical field further increase the demand for medical simulation. However, high installation cost and lack of complete real situation restrain the market growth.

The global medical simulation market is segmented based on product & service, fidelity, end user, and region. Based on product & service, it is divided into model-based simulation, web-based simulation, and simulation training services. Model-based simulation is further classified into patient simulation, surgical simulation, and ultrasound simulation. Patient simulation is segmented into task trainers, manikin-based simulators, and standardized patient simulators. Surgical simulation is sub-segmented in laparoscopic surgical simulators, arthroscopic surgical simulators, cardiovascular simulators, gynecology simulators, and others. Web-based simulation segment is classified into simulation software, performance-recording software, and virtual tutors. Simulation training services comprise vendor-based training services, custom consulting services, and educational society services. Based on fidelity, the market is classified into low-fidelity, medium fidelity, and high-fidelity simulators. Based on end user, the market is divided into academic institutions & research centers, hospitals & clinics, and military organizations. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides an extensive analysis of the emerging trends and dynamics in the global medical simulation market.
  • This study provides the landscape of the global market to predict the competitive environment across geographies.
  • This report entails the detailed quantitative analyses of the current trends and future estimations to identify the prevailing opportunities.
  • Comprehensive analyses of factors that drive and restrict the market growth is provided in the report.
  • Region- and country-wise analysis is conducted to understand the market trends and dynamics.

KEY MARKET SEGMENTS

  • By Product & Service

o Model-based Simulation

? Patient Simulation

  • Task Trainer Simulation
  • Manikin-based Simulation
  • Standardized Patient Simulation

? Surgical Simulation

  • Laparoscopic Surgical Simulators
  • Arthroscopic Surgical Simulators
  • Cardiovascular Simulators
  • Gynecology Simulators
  • Others

? Ultrasound Simulation

o Web-based Simulation

? Simulation Software

? Performance-Recording Software

? Virtual Tutors

o Simulation Training Services

? Vendor-based Training

? Custom Consulting Services

? Educational Societies

  • By Fidelity

o Low-fidelity

o Medium-fidelity

o High-fidelity

  • By End User

o Academic Institutions & Research Centers

o Hospitals & Clinics

o Military Organizations

The key players profiled in this report are as follows:

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

The other players operating in the medical simulation market include (not profiled in the report)

  • MSC
  • 3-Dmed
  • HRV
  • Medical Simulation Technologies sp. z o.o.
  • Remedy Simulation Group
  • MEDICAL-X

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

 Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.

Study Explore :

  • Market Behavior/ Level of Risk and Opportunity
  • End Industry Behavior/ Opportunity Assessment
  • Expected Industry Recovery Timeline

For more information or any query mail at [email protected]

Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis 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 report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

The study objectives of this report are:

  • To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
  • To understand the structure of market by identifying its various subsegments.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the growth trends, future prospects, and their contribution to the total market.
  • To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

The Study Explore COVID 19 Outbreak Impact Analysis

  • What should be entry strategies, countermeasures to economic impact, and marketing channels?
  • What are market dynamics?
  • What are challenges and opportunities?
  • What is economic impact on market?
  • What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?

Inquire more and share questions if any before the purchase on this report at

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Key Points Covered in Medical Simulation Market Report:

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Medical Simulation market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Medical Simulation  Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

……..and view more in complete table of Contents

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