Mannequin-Based Simulation Market Report is Expected to Reach $1,177.8 Million by 2019, at a CAGR of 19.4% from 2014 to 2019

May 28, 2015, 10:30 ET from MicroMarket Monitor

FORT WORTH, Texas, May 28, 2015 /PRNewswire/ --

The global mannequin-based simulation market report defines and segments the concerned market with analysis and forecast of revenue. This market was valued at $485.9 million in 2014 and is estimated to reach $1,177.8 million by 2019, at a CAGR of 19.4% from 2014 to 2019.

Browse through the TOC of Mannequin-Based Simulation Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

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The global mannequin-based simulation market growth is driven by the rising adoption of simulation technologies, increasing demand for minimally invasive treatment, increasing focus on patient safety. However, lack of funds is hindering the growth of this market.

This global mannequin-based simulation market is segmented and forecast on the basis of type, end-user, and geography. On the basis of type, the market is segmented into patient simulators, task trainers, ultrasound simulators, surgical simulators, endovascular simulators, dental simulators, and eye simulators. The patient simulator segment accounted for the largest share and is expected to grow at a CAGR of 19.4% from 2014 to 2019. In terms of end-user, the market is segmented into military organizations, academic institutes, and hospitals.

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The global mannequin-based simulation market is further segmented and forecast on the basis of major regions, such as North America, Europe, Asia-Pacific, and Rest of World (RoW). The market in North America dominated the global mannequin-based simulation market having accounted for a share of 53.9% in 2014.

This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers, restraints and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of the key players in the market.

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The North America Mannequin-Based Simulation Market is broadly classified on the basis of types, which includes patient simulators, task trainer, ultrasound simulators, surgical simulators, endovascular simulator, dental simulator and eye simulator. The patient simulator segment accounted for the largest share of 70.4% followed by task trainers.

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