San
Francisco, 06 December 2018,
Healthcare/Medical
Simulation Market Size, Share & Trends Analysis Report By End Use, By
Products & Services (Anatomical Models, Web-based Simulators, Simulation
Software), and Segment Forecasts, 2018 - 2026
The global healthcare/medicalsimulation market size is estimated to reach USD 5.25 billion
by 2026, according to a new report by Grand View Research, Inc., rising at a
CAGR of 16.3% during the forecast period. Rapid technological advancements,
spiraling demand for minimally invasive treatment procedures, and increasing
focus on patient safety are providing a fillip to the market.
Patient safety is one of the
rising concerns in the healthcare industry due to increasing death rate from medical
errors. For instance, as per a study published in 2016 by patient safety
researchers in the British Medical Journal, medical errors in hospitals and
other healthcare facilities are reported to be the 3rd leading cause of deaths
in the U.S. Simulation provides opportunity to sharpen skills and develop
expertise for safe and reliable system performance. High risk situations in
military and aviation operations require specialized and polished skills for
handling emergency situations. Thus, simulated settings help practitioners
learn from mistakes by avoiding harm caused to patients. Therefore, growing
focus on patient safety is expected to drive the healthcare simulation market.
Moreover, simulation-based
medical learning and training can be valuable in clinical practice. These
processes and systems can offer safe and controlled circumstances in which a
problem-based learning is encouraged. Such factors are anticipated to bolster the
growth of the market.
Access Full Research
Report On Healthcare/Medical Simulation Market Analysis:
www.grandviewresearch.com/industry-analysis/medical-healthcare-simulation-market
www.grandviewresearch.com/industry-analysis/medical-healthcare-simulation-market
Further key findings from the report suggest:
·
On the basis of products and
services, healthcare anatomical models are projected to dominate the healthcare
simulation market throughout the forecast horizon. The segment is mainly driven
by its wide range of applications in the research & manufacturing industry
for conducting trials and in the medical device industry for finalizing
designs, processes, or systems.
·
The hospitals segment is
anticipated to witness the fastest growth during the same period.
Medical/healthcare simulation plays an important role in preventing the overall
risk of medical error recalls in dental clinics and hospitals.
·
North America dominated the
market in 2017, with a share of more than 40.0%, owing to rise in medical
training institutes and number of hospitals, which are focusing on
standardizing their teaching practices and taking efforts to reduce risk to
patient safety
·
Some of the key companies
present in the healthcare simulation market are Canadian Aviation Electronics,
Ltd.; Laerdal Medical AS; GMentice AB; Simulab Corporation; Simulaids, Inc.;
and Surgical Science Sweden AB.
Grand View Research has
segmented the global medical simulation market report on the basis of products
& services, end-use, and region:
Healthcare/Medical Simulation
Products & Services Outlook (Revenue, USD Million, 2014 - 2026)
·
Healthcare Anatomical Models
o
Patient Simulators
o
Task Trainers
o
Interventional/Surgical
Simulators
o
Endovascular Simulators
o
Ultrasound Simulators
o
Dental Simulators
o
Eye Simulators
·
Web Based Simulators
·
Healthcare Simulation Software
·
Simulation Training Services
Healthcare/Medical Simulation
End-use Outlook (Revenue, USD Million, 2014 - 2026)
·
Academic Institutes
·
Hospitals
·
Military Organizations
·
Research
Healthcare/Medical Simulation
Regional Outlook (Revenue, USD Million, 2014 - 2026)
·
North America
o
U.S.
o
Canada
·
Europe
o
U.K.
o
Germany
·
Asia Pacific
o
Japan
o
China
·
Latin America
o
Brazil
o
Mexico
·
MEA
o
South Africa
Access Full Press Release of this Report:
www.grandviewresearch.com/industry-analysis/medical-healthcare-simulation-market
www.grandviewresearch.com/industry-analysis/medical-healthcare-simulation-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/