Global Medical Simulation Market 2024-2028

Description

List of Tables

The medical simulation market is forecasted to grow by USD 2627.3 mn during 2023-2028, accelerating at a CAGR of 17.17% during the forecast period. The report on the medical simulation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing focus on patient safety, increased demand for personalized or customized medical simulation, and rising cost efficiency and enhanced productivity of medical simulation.

Technavio's medical simulation market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	14.88%
CAGR	17.17%
Incremental Value	$2627.3 mn

By End-user

Academic institutes
Military organizations
Hospitals
Others

By Solution

Healthcare anatomical models
Web-based simulators
Simulation training services
Healthcare simulation software

By Geographical Landscape

North America
Europe
Asia
Rest of World (ROW)

This study identifies the growing integration of ai technologies into medical simulation as one of the prime reasons driving the medical simulation market growth during the next few years. Also, increase in research and development activities and growing awareness about simulation training in emerging economies will lead to sizable demand in the market.

The report on the medical simulation market covers the following areas:

Medical simulation market sizing
Medical simulation market forecast
Medical simulation market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical simulation market vendors that include Altay Scientific, CAE Inc., Cardionics Inc., Gaumard Scientific Co. Inc., HAAG-STREIT DEUTSCHLAND GmbH, IngMar Medical, Inovus Ltd., Intelligent Ultrasound Group, KaVo Dental GmbH, Kyoto Kagaku Co. Ltd., Laerdal Medical AS, Limbs and Things Ltd., Medical-X, Mentice AB, Operative Experience Inc., Simendo BV, Simulab Corp., Symgery, Trucorp Ltd., and VirtaMed AG. Also, the medical simulation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR76042

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Solution
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Medical Simulation Market 2018 - 2022
- Historic Market Size - Data Table on Global Medical Simulation Market 2018 - 2022 ($ million)
4.2 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Solution segment analysis 2018 - 2022
- Historic Market Size - Solution Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
6.3 Academic institutes - Market size and forecast 2023-2028
- Chart on Academic institutes - Market size and forecast 2023-2028 ($ million)
- Data Table on Academic institutes - Market size and forecast 2023-2028 ($ million)
- Chart on Academic institutes - Year-over-year growth 2023-2028 (%)
- Data Table on Academic institutes - Year-over-year growth 2023-2028 (%)
6.4 Military organizations - Market size and forecast 2023-2028
- Chart on Military organizations - Market size and forecast 2023-2028 ($ million)
- Data Table on Military organizations - Market size and forecast 2023-2028 ($ million)
- Chart on Military organizations - Year-over-year growth 2023-2028 (%)
- Data Table on Military organizations - Year-over-year growth 2023-2028 (%)
6.5 Hospitals - Market size and forecast 2023-2028
- Chart on Hospitals - Market size and forecast 2023-2028 ($ million)
- Data Table on Hospitals - Market size and forecast 2023-2028 ($ million)
- Chart on Hospitals - Year-over-year growth 2023-2028 (%)
- Data Table on Hospitals - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Solution

7.1 Market segments
- Chart on Solution - Market share 2023-2028 (%)
- Data Table on Solution - Market share 2023-2028 (%)
7.2 Comparison by Solution
- Chart on Comparison by Solution
- Data Table on Comparison by Solution
7.3 Healthcare anatomical models - Market size and forecast 2023-2028
- Chart on Healthcare anatomical models - Market size and forecast 2023-2028 ($ million)
- Data Table on Healthcare anatomical models - Market size and forecast 2023-2028 ($ million)
- Chart on Healthcare anatomical models - Year-over-year growth 2023-2028 (%)
- Data Table on Healthcare anatomical models - Year-over-year growth 2023-2028 (%)
7.4 Web-based simulators - Market size and forecast 2023-2028
- Chart on Web-based simulators - Market size and forecast 2023-2028 ($ million)
- Data Table on Web-based simulators - Market size and forecast 2023-2028 ($ million)
- Chart on Web-based simulators - Year-over-year growth 2023-2028 (%)
- Data Table on Web-based simulators - Year-over-year growth 2023-2028 (%)
7.5 Simulation training services - Market size and forecast 2023-2028
- Chart on Simulation training services - Market size and forecast 2023-2028 ($ million)
- Data Table on Simulation training services - Market size and forecast 2023-2028 ($ million)
- Chart on Simulation training services - Year-over-year growth 2023-2028 (%)
- Data Table on Simulation training services - Year-over-year growth 2023-2028 (%)
7.6 Healthcare simulation software - Market size and forecast 2023-2028
- Chart on Healthcare simulation software - Market size and forecast 2023-2028 ($ million)
- Data Table on Healthcare simulation software - Market size and forecast 2023-2028 ($ million)
- Chart on Healthcare simulation software - Year-over-year growth 2023-2028 (%)
- Data Table on Healthcare simulation software - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Solution
- Market opportunity by Solution ($ million)
- Data Table on Market opportunity by Solution ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 Asia - Market size and forecast 2023-2028
- Chart on Asia - Market size and forecast 2023-2028 ($ million)
- Data Table on Asia - Market size and forecast 2023-2028 ($ million)
- Chart on Asia - Year-over-year growth 2023-2028 (%)
- Data Table on Asia - Year-over-year growth 2023-2028 (%)
9.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
9.7 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.8 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.9 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.10 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Altay Scientific
- Altay Scientific - Overview
- Altay Scientific - Product / Service
- Altay Scientific - Key offerings
12.4 CAE Inc.
- CAE Inc. - Overview
- CAE Inc. - Business segments
- CAE Inc. - Key offerings
- CAE Inc. - Segment focus
12.5 Cardionics Inc.
- Cardionics Inc. - Overview
- Cardionics Inc. - Product / Service
- Cardionics Inc. - Key offerings
12.6 Gaumard Scientific Co. Inc.
- Gaumard Scientific Co. Inc. - Overview
- Gaumard Scientific Co. Inc. - Product / Service
- Gaumard Scientific Co. Inc. - Key offerings
12.7 IngMar Medical
- IngMar Medical - Overview
- IngMar Medical - Product / Service
- IngMar Medical - Key offerings
12.8 Intelligent Ultrasound Group
- Intelligent Ultrasound Group - Overview
- Intelligent Ultrasound Group - Business segments
- Intelligent Ultrasound Group - Key offerings
- Intelligent Ultrasound Group - Segment focus
12.9 Kyoto Kagaku Co. Ltd.
- Kyoto Kagaku Co. Ltd. - Overview
- Kyoto Kagaku Co. Ltd. - Product / Service
- Kyoto Kagaku Co. Ltd. - Key offerings
12.10 Laerdal Medical AS
- Laerdal Medical AS - Overview
- Laerdal Medical AS - Product / Service
- Laerdal Medical AS - Key offerings
12.11 Limbs and Things Ltd.
- Limbs and Things Ltd. - Overview
- Limbs and Things Ltd. - Product / Service
- Limbs and Things Ltd. - Key offerings
12.12 Medical-X
- Medical-X - Overview
- Medical-X - Product / Service
- Medical-X - Key offerings
12.13 Mentice AB
- Mentice AB - Overview
- Mentice AB - Business segments
- Mentice AB - Key offerings
- Mentice AB - Segment focus
12.14 Operative Experience Inc.
- Operative Experience Inc. - Overview
- Operative Experience Inc. - Product / Service
- Operative Experience Inc. - Key offerings
12.15 Simulab Corp.
- Simulab Corp. - Overview
- Simulab Corp. - Product / Service
- Simulab Corp. - Key offerings
12.16 Trucorp Ltd.
- Trucorp Ltd. - Overview
- Trucorp Ltd. - Product / Service
- Trucorp Ltd. - Key offerings
12.17 VirtaMed AG
- VirtaMed AG - Overview
- VirtaMed AG - Product / Service
- VirtaMed AG - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations