The global continuing medical education (CME)market size reached US$ 8.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.25% during 2023-2028.
Continuing medical education (CME) involves various educational activities that help maintain and develop the knowledge, skills, and professional performance of trainees. It includes multiple courses and conferences, written publications, online programs, and audio, video, and live events on electronic media. It helps develop a healthy relationship between patients and healthcare professionals. It enables practitioners to learn, refine, and discover viable approaches to improve overall patient care and attain professional growth. Besides this, it helps medical professionals learn effective team management skills, address real-world challenges they face professionally, and earn membership in reputed organizations.
Continuing Medical Education (CME) Market Trends:
At present, the rising occurrence of new infections and diseases that require updated medical knowledge for treatment represents one of the key factors positively influencing the market. In addition, the development of novel collaborative elements in medical education, along with shifting preference toward online education and CME programs, is creating a positive outlook for the market. Online education offers courses that are engaging and interactive and help users comprehend and retain knowledge with quality images, video, audio, and animation. Apart from this, the expansion of hospitals, medical institutes, and research centers is contributing to market growth. Furthermore, governments of various countries are introducing different initiatives to provide quality education to professionals, which is also providing a thrust to market growth. Additionally, interactive education options and flexibility to continue learning as per the personal choice of healthcare professionals are driving the market. Moreover, considerable changes in medical practice to limit class hours and patient availability and increased diagnostic and management possibilities, coupled with advancements in technology, are bolstering the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global continuing medical education (CME)market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on delivery method, providers and speciality.
Breakup by Delivery Method:
Regularly Scheduled Series
Breakup by Providers:
School of Medicine
Hospital/Healthcare Delivery System
Breakup by Speciality:
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being AffinityCE, Afya Ltd., CME Outfitters LLC, CME Procedures LLC, Coursera Inc., Elsevier (RELX plc), EXCEL CME, HealthStream Inc., Koninklijke Philips N.V. and Siemens Healthineers AG (Siemens AG).
Base Year of the Analysis
Delivery Method, Providers, Speciality, Region
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
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Key Questions Answered in This Report
The global Continuing Medical Education (CME) market was valued at US$ 8.8 Billion in 2022.
We expect the global Continuing Medical Education (CME) market to exhibit a CAGR of 6.25% during 2023-2028.
The increasing adoption of CME as it allows healthcare practitioners to learn, refine, and discover viable approaches to improve overall patient care and attain professional growth, is primarily driving the global Continuing Medical Education (CME) market.
The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of Continuing Medical Education (CME) educational activities to maintain and develop the knowledge and skills for the treatment of the coronavirus infection.
Based on the delivery method, the global Continuing Medical Education (CME) market has been segregated into classroom training, e-learning, regularly scheduled series, journals, and others. Among these, e-learning currently holds the largest market share.
Based on the providers, the global Continuing Medical Education (CME) market can be bifurcated into NPOs, publishing/education company, school of medicine, hospital/healthcare delivery system, and others. Currently, NPOs exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global Continuing Medical Education (CME) market include AffinityCE, Afya Ltd., CME Outfitters LLC, CME Procedures LLC, Coursera Inc., Elsevier (RELX plc), EXCEL CME, HealthStream Inc., Koninklijke Philips N.V., and Siemens Healthineers AG (Siemens AG).
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