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Medical Simulation Market Key Players, Analysis and Forecast 2021-2026

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Medical-simulation-market

According to IMARC Group’s latest report, titled “Medical Simulation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global medical simulation market reached a value of US$ XX Billion in 2020. Medical simulation is the virtual duplication of in-situ medical activities for feedback, training, and experiential learning. It is widely utilized by physicians, nurses, surgeons, etc., under training to learn, practice, and assess their skills in a safe environment. Medical simulation involves body manikins, task trainers, and virtual reality (VR)-based systems for the simulation of arthroscopic, laparoscopic, gynecological, cardiovascular, dental, and spinal activities, among others. It provides feedback from observers, including professors, peers, actor-patients, video cameras, etc. These simulations also help in improving patient safety, optimizing communications, and enhancing crisis resource management. As a result, they find various applications in hospitals, academic institutes, military organizations, research facilities, etc.

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The expanding healthcare sector across the globe is primarily driving the medical simulation market. Furthermore, the rising awareness towards numerous associated benefits of simulation-based learning is also propelling the market growth. Besides this, the increasing adoption of laparoscopic simulation systems for effective cancer treatment is further bolstering the product demand. Additionally, various technological advancements, including the integration of augmented reality (AR), robotics, and artificial intelligence (AI) solutions in interventional simulators, are augmenting the global market. In the coming years, the rising concerns towards patient safety and the elevating levels of digitization of the healthcare industry are expected to drive the medical simulation market. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026.

Competitive Landscape:

  • Cardionics Inc.
  • 3B Scientific GmbH
  • Gaumard Scientific Company Inc.
  • Kyoto Kagaku Co. Ltd
  • Laerdal Medical
  • Mentice
  • Operative Experience Inc.
  • Simbionix USA Corporation
  • 3D Systems
  • Simulab Corporation
  • Surgical Science Sweden AB
  • Synaptive Medical Inc.
  • SynBone AG
  • VirtaMed AG.

Key Market Segmentation:

Breakup by Product and Services:

  • Model-based Simulation
  • Surgical Simulation
  • Ultrasound Simulation
  • Web-based Simulation
  • Simulation Training Services

Breakup by Fidelity:

  • Low Fidelity
  • Medium Fidelity
  • High Fidelity

Breakup by End User:

  • Hospitals and Clinics
  • Academic Institutions and Research Centers
  • Military Organizations
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key highlights of the report:                                                    

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Market Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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