Healthcare/Medical Simulation Market Size, Share & Trends Analysis Report By End Use, By Products & Services (Anatomical Models, Web-based Simulators, Simulation Software), and Segment Forecasts, 2018 - 2026

Published: Sep, 2018 | Pages: 93 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global healthcare/medical simulation market size is estimated to reach USD 5.25 billion by 2026, according to a new report by Grand View Research, Inc., rising at a CAGR of 16.3% during the forecast period. Rapid technological advancements, spiraling demand for minimally invasive treatment procedures, and increasing focus on patient safety are providing a fillip to the market.

Patient safety is one of the rising concerns in the healthcare industry due to increasing death rate from medical errors. For instance, as per a study published in 2016 by patient safety researchers in the British Medical Journal, medical errors in hospitals and other healthcare facilities are reported to be the 3rd leading cause of deaths in the U.S. Simulation provides opportunity to sharpen skills and develop expertise for safe and reliable system performance. High risk situations in military and aviation operations require specialized and polished skills for handling emergency situations. Thus, simulated settings help practitioners learn from mistakes by avoiding harm caused to patients. Therefore, growing focus on patient safety is expected to drive the healthcare simulation market.

Moreover, simulation-based medical learning and training can be valuable in clinical practice. These processes and systems can offer safe and controlled circumstances in which a problem-based learning is encouraged. Such factors are anticipated to bolster the growth of the market.

Further key findings from the report suggest:

• On the basis of products and services, healthcare anatomical models are projected to dominate the healthcare simulation market throughout the forecast horizon. The segment is mainly driven by its wide range of applications in the research & manufacturing industry for conducting trials and in the medical device industry for finalizing designs, processes, or systems.

• The hospitals segment is anticipated to witness the fastest growth during the same period. Medical/healthcare simulation plays an important role in preventing the overall risk of medical error recalls in dental clinics and hospitals.

• North America dominated the market in 2017, with a share of more than 40.0%, owing to rise in medical training institutes and number of hospitals, which are focusing on standardizing their teaching practices and taking efforts to reduce risk to patient safety

• Some of the key companies present in the healthcare simulation market are Canadian Aviation Electronics, Ltd.; Laerdal Medical AS; GMentice AB; Simulab Corporation; Simulaids, Inc.; and Surgical Science Sweden AB.

 Table of Contents

Chapter 1 Research Methodology
                 1.1 Information procurement
                 1.2 Data Analysis
                 1.3 List of Data Sources
Chapter 2 Executive Summary
                 2.1 Market Snapshot
Chapter 3 Healthcare Simulation Treatment Market Variables, Trends & Scope
                 3.1 Market Segmentation & Scope
                     3.1.1 Market driver analysis
                         3.1.1.1 Growing technological advancement
                         3.1.1.2 Rising demand for minimally invasive treatment procedures
                         3.1.1.3 Increasing focus on patient safety
                     3.1.2 Market restraint analysis
                         3.1.2.1 High cost of simulators and limited investment in simulation systems
                         3.1.2.2 Operational challenges
                 3.2 Penetration & Growth Prospect Mapping
                 3.3 Healthcare Simulation Market - PESTLE Analysis
                 3.4 Industry Analysis - Porter's
Chapter 4 Healthcare Simulation Market: Products & Services Estimates & Trend Analysis
                 4.1 Healthcare Simulation Market: Products & Services Movement Analysis
                 4.2 Healthcare Anatomical Models
                     4.2.1 Healthcare anatomical models market estimates & segment forecast, 2014 - 2026 (USD Million)
                     4.2.2 Patient simulators
                         4.2.2.1 Patient simulators market estimates & segment forecast, 2014 - 2026 (USD Million)
                     4.2.3 Task trainers
                         4.2.3.1 Task trainers market estimates & segment forecast, 2014 - 2026 (USD Million)
                     4.2.4 Interventional/surgical simulators
                         4.2.4.1 Interventional/surgical simulators market estimates & segment forecast, 2014 - 2026 (USD Million)
                     4.2.5 Endovascular simulators
                         4.2.5.1 Endovascular simulators market estimates & segment forecast, 2014 - 2026 (USD Million)
                     4.2.6 Ultrasound simulators
                         4.2.6.1 Ultrasound simulators market estimates & segment forecast, 2014 - 2026 (USD Million)
                     4.2.7 Dental simulators
                         4.2.7.1 Dental simulators market estimates & segment forecast, 2014 - 2026 (USD Million)
                     4.2.8 Eye simulators
                         4.2.8.1 Eye simulators market estimates & segment forecast, 2014 - 2026 (USD Million)
                 4.3 Web Based Simulators
                     4.3.1 Web based simulators market estimates & segment forecast, 2014 - 2026 (USD Million)
                 4.4 Healthcare Simulation Software
                     4.4.1 Healthcare simulation software market estimates & segment forecast, 2014 - 2026 (USD Million)
                 4.5 Simulation Training Services
                     4.5.1 Simulation training services market estimates & segment forecast, 2014 - 2026 (USD Million)
Chapter 5 Healthcare Simulation Market: End-use Estimates & Trend Analysis
                 5.1 Healthcare Simulation Market: End-use Movement Analysis
                 5.2 Academic Institutes
                     5.2.1 Academic institutes market estimates & segment forecast, 2014 - 2026 (USD Million)
                 5.3 Hospitals
                     5.3.1 Hospitals market estimates & segment forecast, 2014 - 2026 (USD Million)
                 5.4 Military organization
                     5.4.1 Military organization market estimates & segment forecast, 2014 - 2026 (USD Million)
                 5.5 Research and development
                     5.5.1 Research and development market estimates & segment forecast, 2014 - 2026 (USD Million)
Chapter 6 Healthcare Simulation Market: Regional Estimates & Trend Analysis, by Products & Services and End-use
                 6.1 Healthcare simulation market share by region, 2017 & 2026
                 6.2 North America
                     6.2.1 North America healthcare simulation market, 2014 - 2026 (USD Million)
                     6.2.2 U.S.
                         6.2.2.1 U.S. healthcare simulation market, 2014 - 2026 (USD Million)
                     6.2.3 Canada
                         6.2.3.1 Canada healthcare simulation market, 2014 - 2026 (USD Million)
                 6.3 Europe
                     6.3.1 Europe healthcare simulation market, 2014 - 2026 (USD Million)
                     6.3.2 U.K.
                         6.3.2.1 U.K. healthcare simulation market, 2014 - 2026 (USD Million)
                     6.3.3 Germany
                         6.3.3.1 Germany healthcare simulation market, 2014 - 2026 (USD Million)
                 6.4 Asia Pacific
                     6.4.1 Asia Pacific polycystic ovarian syndrome treatment market, 2014 - 2026 (USD Million)
                     6.4.2 Japan
                         6.4.2.1 Japan healthcare simulation market, 2014 - 2026 (USD Million)
                     6.4.3 China
                         6.4.3.1 China healthcare simulation market, 2014 - 2026 (USD Million)
                 6.5 Latin America
                     6.5.1 Latin America healthcare simulation market, 2014 - 2026 (USD Million)
                     6.5.2 Brazil
                         6.5.2.1 Brazil healthcare simulation market, 2014 - 2026 (USD Million)
                     6.5.3 Mexico
                         6.5.3.1 Mexico healthcare simulation market, 2014 - 2026 (USD Million)
                 6.6 MEA
                     6.6.1 MEA healthcare simulation market, 2014 - 2026 (USD Million)
                     6.6.2 South Africa
                         6.6.2.1 South Africa healthcare simulation market, 2014 - 2026 (USD Million)
Chapter 7 Competitive Landscape
                 7.1 List of players operating in the market
                 7.2 Company Profiles
                     7.2.1 Canadian Aviation Electronics, Ltd
                         7.2.1.1 Company overview
                         7.2.1.2 Financial performance
                         7.2.1.3 Product benchmarking
                         7.2.1.4 Strategic initiatives
                     7.2.2 Laerdal Medical AS
                         7.2.2.1 Company overview
                         7.2.2.2 Product benchmarking
                     7.2.3 3D Systems, Inc.
                         7.2.3.1 Company overview
                         7.2.3.2 Financial performance
                         7.2.3.3 Product benchmarking
                         7.2.3.4 Strategic initiatives
                     7.2.4 Gaumard Scientific Company, Inc.
                         7.2.4.1 Company overview
                         7.2.4.2 Product benchmarking
                         7.2.4.3 Strategic initiatives
                     7.2.5 Limbs & Things, Ltd.
                         7.2.5.1 Company overview
                         7.2.5.2 Product benchmarking
                         7.2.5.3 Strategic initiatives
                     7.2.6 Kyoto Kagaku Co, Ltd.
                         7.2.6.1 Company overview
                         7.2.6.2 Product benchmarking
                         7.2.6.3 Strategic initiatives
                     7.2.7 Mentice AB
                         7.2.7.1 Company overview
                         7.2.7.2 Product benchmarking
                         7.2.7.3 Strategic initiatives
                     7.2.8 Simulab Corporation
                         7.2.8.1 Company overview
                         7.2.8.2 Product benchmarking
                         7.2.8.3 Strategic initiatives
                     7.2.9 Simulaids, Inc.
                         7.2.9.1 Company overview
                         7.2.9.2 Product benchmarking
                     7.2.10 Surgical Science Sweden AB
                         7.2.10.1 Company overview
                         7.2.10.2 Product benchmarking
                         7.2.10.3 Strategic initiatives

List of Tables

TABLE 1 Global Healthcare Simulation Market, by Region, 2014 - 2026 (USD Million)
TABLE 2 Global Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 3 Global Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)
TABLE 4 North America Healthcare Simulation Market, by Region, 2014 - 2026 (USD Million)
TABLE 5 North America Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 6 North America Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)
TABLE 7 U.S. Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 8 U.S. Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)
TABLE 9 Canada Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 10 Canada Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)
TABLE 11 Europe Healthcare Simulation Market, by Region, 2014 - 2026 (USD Million)
TABLE 12 Europe Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 13 Europe Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)
TABLE 14 U.K. Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 15 U.K. Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)
TABLE 16 Germany Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 17 Germany Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)
TABLE 18 Asia Pacific Healthcare Simulation Market, by Region, 2014 - 2026 (USD Million)
TABLE 19 Asia Pacific Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 20 Asia Pacific Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)
TABLE 21 Japan Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 22 Japan Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)
TABLE 23 China Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 24 China Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)
TABLE 25 Latin America Healthcare Simulation Market, by Region, 2014 - 2026 (USD Million)
TABLE 26 Latin America Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 27 Latin America Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)
TABLE 28 Brazil Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 29 Brazil Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)
TABLE 30 Mexico Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 31 Mexico Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)
TABLE 32 Middle East & Africa Healthcare Simulation Market, by Region, 2014 - 2026 (USD Million)
TABLE 33 Middle East & Africa Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 34 Middle East & Africa Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)
TABLE 35 South Africa Healthcare Simulation Market, by Products & Services, 2014 - 2026 (USD Million)
TABLE 36 South Africa Healthcare Simulation Market, by end-use, 2014 - 2026 (USD Million)

List of Figures

FIG. 1 Market research process
FIG. 2 Information procurement
FIG. 3 Primary research pattern
FIG. 4 Market research approaches
FIG. 5 Value chain based sizing & forecasting
FIG. 6 QFD modelling for market share assessment
FIG. 7 Market summary
FIG. 8 Market trends & outlook
FIG. 9 Market segmentation & scope
FIG. 10 Market driver relevance analysis (Current & future impact)
FIG. 11 Market restraint relevance analysis (Current & future impact)
FIG. 12 Penetration & growth prospect mapping
FIG. 13 Healthcare simulation market PESTLE analysis
FIG. 14 Porter's five forces analysis
FIG. 15 Healthcare simulation market products & services outlook key takeaways
FIG. 16 Healthcare simulation market: Products & services movement analysis
FIG. 17 Healthcare anatomical model market estimates & segment forecast, 2014 - 2026 (USD Million)
FIG. 18 Patients simulators market estimates & segment forecast, 2014 - 2026 (USD Million)
FIG. 19 Task trainers market estimates & segment forecast, 2014 - 2026 (USD Million)
FIG. 20 Interventional/surgical simulators market estimates & segment forecast, 2014 - 2026 (USD Million)
FIG. 21 Endovascular simulators market estimates & segment forecast, 2014 - 2026 (USD Million)
FIG. 22 Ultrasound simulators market estimates & segment forecast market, 2014 - 2026 (USD Million)
FIG. 23 Dental simulators market estimates & segment forecast market, 2014 - 2026 (USD Million)
FIG. 24 Eye simulators market estimates & segment forecast, 2014 - 2026 (USD Million)
FIG. 25 Web based simulators market estimates & segment forecast, 2014 - 2026 (USD Million)
FIG. 26 Healthcare simulation software market estimates & segment forecast, 2014 - 2026 (USD Million)
FIG. 27 Simulation training services market estimates & segment forecast, 2014 - 2026 (USD Million)
FIG. 28 Healthcare simulation market end-use outlook key takeaways
FIG. 29 Healthcare simulation market: End-use movement analysis
FIG. 30 Academic institutes market estimates & segment forecast, 2014 - 2026 (USD Million)
FIG. 31 Hospitals market estimates & segment forecast, 2014 - 2026 (USD Million)
FIG. 32 Military organization market estimates & segment forecast market, 2014 - 2026 (USD Million)
FIG. 33 R & D market estimates & segment forecast market, 2014 - 2026 (USD Million)
FIG. 34 Regional market place: Key takeaways
FIG. 35 Regional outlook, 2017 & 2026
FIG. 36 North America healthcare simulation market, 2014 - 2026 (USD Million)
FIG. 37 U.S. healthcare simulation market, 2014 - 2026 (USD Million)
FIG. 38 Canada healthcare simulation market, 2014 - 2026 (USD Million)
FIG. 39 Europe healthcare simulation market, 2014 - 2026 (USD Million)
FIG. 40 U.K. healthcare simulation market, 2014 - 2026 (USD Million)
FIG. 41 Germany healthcare simulation market, 2014 - 2026 (USD Million)
FIG. 42 Asia Pacific healthcare simulation market, 2014 - 2026 (USD Million)
FIG. 43 Japan healthcare simulation market, 2014 - 2026 (USD Million)
FIG. 44 China healthcare simulation market, 2014 - 2026 (USD Million)
FIG. 45 Latin America healthcare simulation market, 2014 - 2026 (USD Million)
FIG. 46 Brazil healthcare simulation market, 2014 - 2026 (USD Million)
FIG. 47 Mexico healthcare simulation market, 2014 - 2026 (USD Million)
FIG. 48 MEA healthcare simulation market, 2014 - 2026 (USD Million)
FIG. 49 South Africa healthcare simulation market, 2014 - 2026 (USD Million)
FIG. 50 Strategy framework
FIG. 51 Participant categorization