The global medical simulation market was valued at US$ XX Mn in 2017 and increasing at a significant CAGR over the forecast timeframe owing to surge in the incidence of deaths due to medical errors, growing technological advancements, rising demand for minimally invasive procedures, and increasing focus on patient safety and advanced healthcare services are expected to drive the global medical simulation market.

Global medical simulation market segmented on the basis of type of product & services, technology, end user, and region.

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Healthcare Anatomical Models dominates the Global Medical Simulation Market

Based on the product & services, global medical simulation market segmented into healthcare and anatomical models, Web Based Simulators, Healthcare Simulation Software, and Simulation Training Service.

North America Leads the Global Medical Simulation Market

PBI’s global medical simulation market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America accounted for larger revenue share through 2013-2017 and expected to dominate over 2018-2024 owing to advance healthcare system, Increasing focus in patient safety, rising geriatric population, increase in medical training institutes, increasing number of health care professionals, stringent government rules regarding deaths due to medical errors, increase in willing towards minimally invasive techniques and rise in awareness about the medical simulation among the healthcare

Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players

Global medical simulation market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region.

• Altay Scientific S.P.A. (Italy)

• CAE, Inc. (Canada)

• Cardionics, Inc. (U.S.)

• Gaumard Scientific Company, Inc. (U.S.)

• Ingmar Medical (U.S.)

• Kyoto Kagaku Co., Ltd. (Japan)

• Laerdal Medical AS (Norway)

• Limbs & Things, Ltd (U.K.)

• Medaphor Group Plc (U.K.)

• Medical Simulation Corporation (U.S.)

• Mentice AB (Sweden)

• Simulab Corporation (U.S.)

• Simulaids, Inc. (U.S.)

• Surgical Science Sweden AB (Sweden)

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Detailed Segmentation

By Technology

• High-fidelity Simulators

• Medium-fidelity Simulators

• Low-fidelity Simulators

By Product& services

• Healthcare Anatomical Models

• Patient Simulators

• Task Trainers

• Interventional/Surgical Simulators

• Endovascular Simulators

• Ultrasound Simulators

• Dental Simulators

• Eye Simulators

• Web Based Simulators

• Healthcare Simulation Software

• Simulation Training Service

By End User

• Academic Institutes

• Hospitals

• Military Organization

• Research

Geography

• North America

• U.S

• Canada

• Europe

• Germany

• France

• U.K

• Italy

• Spain

• Russia

• Poland

• Rest of Europe

• Asia-Pacific

• Japan

• China

• India

• Australia & New Zealand

• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)

• South Korea

• Rest of Asia-Pacific

• Latin America

• Brazil

• Mexico

• Argentina

• Venezuela

• Rest of Latin America

• Middle East and Africa (MEA)

• Gulf Cooperation Council (GCC) Countries

• Israel

• South Africa

• Rest of MEA

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