Market Overview:
The global medical simulation market size reached US$
1.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$
4.1 Billion by 2027, exhibiting a growth rate (CAGR) of
13.62% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Medical simulation refers to the virtual duplication of in-situ activities for training, feedback and experiential learning. It is commonly used by physicians, nurses, surgeons and other practitioners under training to learn, practice and assess their skills in a safe environment. Medical simulation uses body manikins, task trainers and virtual reality (VR)-based systems for laparoscopic, gynecological, cardiovascular, arthroscopic, spinal, endovascular, dental and eye simulation. It provides feedback from observers, such as professors, peers, actor-patients and video cameras, and aids in enhancing patient safety, optimizing communications and improving crisis resource management. As a result, it finds extensive applications across hospitals, academic institutes, military organizations, research facilities and ambulatory care centers.
Medical Simulation Market Trends:
Significant growth in the medical industry across the globe is among the key factors creating a positive outlook for the market. Moreover, the increasing awareness regarding the benefits of simulation-based learning among the masses is providing a thrust to the market growth. In line with this, the widespread adoption of laparoscopic simulation systems for effective cancer treatment is also contributing to the market growth. Various technological advancements, such as the integration of augmented reality (AR), robotics and artificial intelligence (AI) solutions in interventional simulators, are acting as other growth-inducing factors. These simulators are extensively used for training physicians in conducting cholecystectomy, appendectomy, gastric bypass, tubal ligation and hysterectomy. Other factors, including the rising concerns regarding patient safety, along with rapid digitization of the healthcare industry, especially in the developing economies, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global medical simulation market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product and services, fidelity and end user.
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
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and VirtaMed AG.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Product and Services, Fidelity, End User, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
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 and VirtaMed AG |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global medical simulation market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global medical simulation market?
- What are the key regional markets?
- What is the breakup of the market based on the product and services?
- What is the breakup of the market based on the fidelity?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global medical simulation market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Medical Simulation Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product and Services
6.1 Model-based Simulation
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Surgical Simulation
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Ultrasound Simulation
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Web-based Simulation
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Simulation Training Services
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Fidelity
7.1 Low Fidelity
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Medium Fidelity
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 High Fidelity
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End User
8.1 Hospitals and Clinics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Academic Institutions and Research Centers
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Military Organizations
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Cardionics Inc. (3B Scientific GmbH)
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Gaumard Scientific Company Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Kyoto Kagaku Co. Ltd
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Laerdal Medical
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 SWOT Analysis
14.3.5 Mentice
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.6 Operative Experience Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Simbionix USA Corporation (3D Systems)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Simulab Corporation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Surgical Science Sweden AB
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10 Synaptive Medical Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 SynBone AG
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 VirtaMed AG
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Medical Simulation Market: Major Drivers and Challenges
Figure 2: Global: Medical Simulation Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Medical Simulation Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Medical Simulation Market: Breakup by Product and Services (in %), 2021
Figure 5: Global: Medical Simulation Market: Breakup by Fidelity (in %), 2021
Figure 6: Global: Medical Simulation Market: Breakup by End User (in %), 2021
Figure 7: Global: Medical Simulation Market: Breakup by Region (in %), 2021
Figure 8: Global: Medical Simulation (Model-based Simulation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Medical Simulation (Model-based Simulation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Medical Simulation (Surgical Simulation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Medical Simulation (Surgical Simulation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Medical Simulation (Ultrasound Simulation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Medical Simulation (Ultrasound Simulation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Medical Simulation (Web-based Simulation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Medical Simulation (Web-based Simulation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Medical Simulation (Simulation Training Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Medical Simulation (Simulation Training Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Medical Simulation (Low Fidelity) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Medical Simulation (Low Fidelity) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Medical Simulation (Medium Fidelity) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Medical Simulation (Medium Fidelity) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Medical Simulation (High Fidelity) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Medical Simulation (High Fidelity) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Medical Simulation (Hospitals and Clinics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Medical Simulation (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Medical Simulation (Academic Institutions and Research Centers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Medical Simulation (Academic Institutions and Research Centers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Medical Simulation (Military Organizations) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Medical Simulation (Military Organizations) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Medical Simulation (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Medical Simulation (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: North America: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: North America: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: United States: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: United States: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Canada: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Canada: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Asia-Pacific: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Asia-Pacific: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: China: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: China: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Japan: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Japan: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: India: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: India: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: South Korea: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: South Korea: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Australia: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Australia: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Indonesia: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Indonesia: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Others: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Others: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Europe: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Europe: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Germany: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Germany: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: France: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: France: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: United Kingdom: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: United Kingdom: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Italy: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Italy: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Spain: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Spain: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Russia: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Russia: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Latin America: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Latin America: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Brazil: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Brazil: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Mexico: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Mexico: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Middle East and Africa: Medical Simulation Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Middle East and Africa: Medical Simulation Market: Breakup by Country (in %), 2021
Figure 80: Middle East and Africa: Medical Simulation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Global: Medical Simulation Industry: SWOT Analysis
Figure 82: Global: Medical Simulation Industry: Value Chain Analysis
Figure 83: Global: Medical Simulation Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Medical Simulation Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Medical Simulation Market Forecast: Breakup by Product and Services (in Million US$), 2022-2027
Table 3: Global: Medical Simulation Market Forecast: Breakup by Fidelity (in Million US$), 2022-2027
Table 4: Global: Medical Simulation Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Medical Simulation Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Medical Simulation Market: Competitive Structure
Table 7: Global: Medical Simulation Market: Key Players