Global Healthcare/Medical Simulation Market 2014-2018 & 2018-2026: Spiralling Demand for Minimally Invasive Treatment Procedures & Increasing Focus on Patient Safety - Research and Markets
DUBLIN, Oct. 25, 2018 /PRNewswire/ -- The "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" report has been added to ResearchAndMarkets.com's offering.
The global healthcare/medical simulation market size is estimated to reach USD 5.25 billion by 2026, rising at a CAGR of 16.3% during the forecast period.
Rapid technological advancements, spiralling 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
Key Topics Covered:
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
4.2.3 Task trainers
4.2.4 Interventional/surgical simulators
4.2.5 Endovascular simulators
4.2.6 Ultrasound simulators
4.2.7 Dental simulators
4.2.8 Eye simulators
4.3 Web Based Simulators
4.4 Healthcare Simulation Software
4.5 Simulation Training Services
Chapter 5 Healthcare Simulation Market: End-use Estimates & Trend Analysis
5.1 Healthcare Simulation Market: End-use Movement Analysis
5.2 Academic Institutes
5.3 Hospitals
5.4 Military organization
5.5 Research and development
Chapter 6 Healthcare Simulation Market: Regional Estimates & Trend Analysis, by Products & Services and End-use 2017 & 2026
Chapter 7 Competitive Landscape
- Canadian Aviation Electronics, Ltd
- Laerdal Medical AS
- 3D Systems, Inc.
- Gaumard Scientific Company, Inc.
- Limbs & Things, Ltd.
- Kyoto Kagaku Co, Ltd.
- Mentice AB
- Simulab Corporation
- Simulaids, Inc.
- Surgical Science Sweden AB
For more information about this report visit https://www.researchandmarkets.com/research/88ncff/global?w=5
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