Global Healthcare Simulators Market to Surpass US$ 4,596.8 Million by 2026

News provided by

Jul 10, 2019, 10:02 ET

SEATTLE, July 10, 2019 /PRNewswire/ -- According to Coherent Market Insights, the global healthcare simulators market was valued at US$ 1,347.9 million in 2018, and is projected to exhibit a CAGR of 14.7% during the forecast period (2018 – 2026).

Key Trends and Analysis of the Global Healthcare Simulators Market:

The global healthcare simulators market size is expected to witness remarkable growth in the forecast period, owing to increasing launch of new products with new technology and increasing fidelity. For instance, in January 2018, CAE launched LucinaAR with Microsoft HoloLens, the world's first patient simulator with modelled physiology.

Request to get a Sample @ https://www.coherentmarketinsights.com/insight/request-sample/2802

Moreover, key players in the market are focused on adopting acquisition strategies to expand their product portfolio. For instance, in August 2016, MedaPhor Group plc. acquired Inventive Medical Limited, which is a U.K.-based company that supplies cardio ultrasound simulation products under the HeartWorks brand. This will help MedaPhor Group plc.to strengthen customer base in the U.K.

Rising implementation of simulation technology by medial and academic institutions is also expected to drive the market growth. For instance, according to a report on the U.S. medical school's curriculum by the Association of American Medical Colleges, 2014, 136 out of 140 medical schools who participated in the survey had simulation centers in which mannequin-based simulation was one of the most commonly practiced type of healthcare education provided to the medical students.

Manufacturers are increasingly focusing on producing high-fidelity products, which can mimic human anatomy as precisely as possible. Currently, Virtual Reality (VR) is the key technology targeted by manufacturers to gain a competitive advantage in the market. For instance, in July 2018, Johnson & Johnson launched VR training program for surgeons and nurses to help improve surgical techniques and drive greater patient outcomes.

Inquiry before Buying This Report @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/2802

Key Market Takeaways:

The global healthcare simulators market is projected to witness a CAGR of 14.7% during the forecast period (2018 – 2026), owing to increasing collaboration activities. For instance, in September 2017, CAE Healthcare, in collaboration with American Society of Anesthesiologists (ASA), launched Anesthesia SimSTAT - Trauma, a screen-based simulation module specifically designed to offer anesthesia providers an advanced training involving accident victims.
Among region, North America is expected to hold dominant position in the global healthcare simulators market during the forecast period. This is owing to presence of major market players in the region that offer novel services integrated with simulators For instance, in September 2018, CAE Healthcare, Inc. started offering a complete simulation center package Sim Center in a Box, which includes 3 CAE manikins, a simulation-based curriculum, as well as a training and quality audiovisual, and center management system.
Major players operating in the global healthcare simulators market include, Laerdal Medical, 3D Systems, Simulab Corporation, Simulaids, Inc., Kyoto Kagaku, Mentice, Medaphor, CAE Healthcare, Gaumard Scientific Company, Limbs & Things, BT, Inc., Trandomed 3D, Inc., Fujian Zhongli Co., Ltd., and Tellyes Scientific Co., Ltd.

Report Segmentation:

Global Healthcare Simulators Market, By Product and Services Type:

Anatomical Models

Interventional/ Surgical Simulators
Endovascular Simulators
Ultrasound Simulators
Dental Simulators
Eye Simulators
Patient Simulation

Web-based Simulation
Simulation Training Services

Global Healthcare Simulators Market, By Fidelity (Anatomical Models):

Low-fidelity
Medium-fidelity
High-fidelity

Global Healthcare Simulators Market, By End User:

Academic & Research Institutes
Hospitals
Military Organizations

Global Healthcare Simulators Market, By Region:

North America

U.S.
Canada
Europe
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe

Asia Pacific

Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific

Latin America

Brazil
Mexico
Argentina
Rest of Latin America

Middle East

GCC
Israel
Rest of Middle East

Africa

South Africa
Central Africa
North Africa

Company Profiles

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/healthcare-simulators-market-2802

Contact Us:
Mr. Raj Shah
Coherent Market Insights
1001 4th Avenue
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]

SOURCE Coherent Market Insights