Medical Simulation Market by End-user, Solution, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 155 SKU: IRTNTR76042

Medical Simulation Market Forecast 2023-2027

The medical simulation market size is estimated to grow by USD 1.99 billion between 2022 and 2027, accelerating at a CAGR of 15.45% between 2022 and 2027. 

The healthcare sector is a very sensitive area where there is more chance for errors that can harm patients. Such errors that are related to diagnosis and treatments can lead to unsafe surgical care procedures and result in difficulties in the lives of the patients. Training through simulation can help clinicians achieve confidence, understanding, and expertise to enhance patient protection in a risk-free environment. Globally, the rising number of medical errors and the increasing concerns for ensuring patient safety have become major priorities for organizations to adopt medical simulation.

However, the growing adoption of medical simulation-based training and certification of healthcare professionals is an effective way of enhancing patient safety and outcomes in a risk-free environment. One of the leading causes of death in the US is medical errors. World health organization (WHO) Is surging for patient safety and to eradicate medical errors and ensure patient safety. With the increasing focus on patient safety, medical simulation is growing in popularity and as patient security concerns expand, physicians use medical simulation training as a critical component to improve their skills, and this improves the demand for medical simulator products and services. Thus, the increasing focus on patient safety will encourage market growth during the forecast period. 

What will be the size of the Market During the Forecast Period?

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Market Segmentation 

End-user Analysis

The market share growth by the academic institutes segment will be significant during the forecast period. Medical simulation is the artificial representation of a real-world process that is adapted to achieve educational goals through experimental learning. 

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The academic institutes segment was valued at USD 340.80 million in 2017 and continued to grow until 2021. Medical academic institutions play an important role in the overall development, adoption, and evaluation of medical technologies and the education of current and future practitioners. Moreover, the introduction of simulation in the academic curriculum and institutions dealing with medical teaching or learning is one of the significant efforts that are undertaken to provide skills to the trainee through intended practice.

However, the top medical academic institutions in the US, such as Harvard University Cambridge, Johns Hopkins University Baltimore, Stanford University Stanford, Columbia University in the city of New York, and others, use medical simulators to deliver simulator experimental education, virtual reality training, high-fidelity scenarios using patient manikins, and a range of specialized medical simulation equipment to provide a hands-on learning experience for the trainee. Therefore, the market is anticipated to grow in the academic institutions segment during the forecast period.

Solution Analysis

Healthcare anatomical models are generally 3-dimensional representations of human or animal anatomy that are used for medical and biological education. Such models explain a digital representation of all the anatomies in the human body. The healthcare anatomical anatomic models help doctors in explaining injuries and procedures to patients and are also useful for research and simulation purposes. Anatomical models can either be generic or patient-specific and are developed based on data from medical images or other sources. For instance,  the cervical spinal column model, SOMSO functional Knee joint model, lumbar spinal column model and others. Anatomy is a morphological discipline that demands a large amount of human morphological material as a bridge to knowledge dissemination.  Such models are frequently adapted to health education, thus facilitating an understanding of anatomical relations and functions in the human body structures. Thus, the healthcare anatomical models segment will experience growth in the market during the forecast period.

Regional Analysis

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North America is estimated to contribute 45% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that will shape the market during the forecast period. The presence of major players in the region is expected to drive the growth of the regional healthcare market. Some of the top academic institutions in the US, such as Penn Presbyterian Medical Centre, St. Joseph's Hospital and medical centre, Pennsylvania Hospital, and others, adopted medical simulation-based training to improve the skills of the learners by teaching new skills and refreshing old skills.

However, the rising prevalence of chronic diseases increases the requirement for surgeries, and technological advancements, such as simulation-based learning and training. In addition, medical simulation programs have extended to various parts of the US healthcare system, such as hospitals, medical and nursing schools, community college programs, and clinics. To improve patient safety, the adoption of simulation-based medical training and certification of healthcare professionals is considered an efficient means to ensure patient safety which results in the popularity of medical simulation. Therefore, Such factors will result in the growth of the regional market during the forecast period.

Market Dynamics and Customer Landscape

The global healthcare simulation market is a dynamic landscape characterized by rigorous research studies, comprehensive industry trend analysis, and insightful pricing and patent evaluations. It is fueled by the constant evolution of simulation technologies and methodologies, enabling realistic replication of medical scenarios for training, education, and research purposes. From computer-based simulations to virtual reality applications, standardized patients, and medical mannequins, a wide array of tools facilitate hands-on learning for healthcare professionals and students alike. With key stakeholders driving innovation and system testing, this market serves as a cornerstone in advancing medical procedures and ensuring the proficiency of practitioners in delivering quality healthcare services. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. 

Significant Market Trends

The integration of AI technologies into medical simulation emerges as a prominent trend in the market. AI is increasingly utilized to enhance surgical training, offering personalized experiences and improving simulation quality. From preoperative planning to intraoperative guidance, AI contributes to patient safety by providing personalized feedback and facilitating precise evaluations during surgical simulations. This advancement addresses the gap between academic achievements and commercialization, leading to the development of AI-powered medical devices for surgical simulation. The integration of AI into medical simulation enhances procedures and boosts demand in the healthcare simulation market, paving the way for innovative regulatory-approved devices and ushering in a new era of surgical training.

Major Market Challenges

Operational challenges of simulators are a significant challenge hindering market growth. Interactions with other tissue types are part of the majority of medical simulation procedures. It is usually considered to be hard and soft tissue in humans. One of the most difficult problems for medical simulation is modeling soft tissue deformation in a whole body or only certain parts of an organ.

Moreover, There are limits to computation speed and system accuracy in the effective integration of tissue deformation behavior with medical simulation systems. Although the recent advanced technologies such as virtual reality and haptic technology, play a significant role in enhancing medical simulation and training of healthcare practitioners to a certain level, it is still lacking in attaining a multidisciplinary approach in certain complex areas in medical treatments, such as neurosurgeries. All such concerns related to operational challenges lower the demand for medical simulators. Thus, the operational challenges of the medical simulators negatively impact the market growth during the forecast period. 

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Customer Landscape

The market research and growth report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market growth and forecasting report also includes key purchase criteria, and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Key Medical Simulation Market Players 

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Altay Scientific - The company offers medical simulations such as Blood Pressure Simulator.

  • CAE Inc.
  • Cardionics Inc
  • Gaumard Scientific Co. Inc.
  • HAAG-STREIT DEUTSCHLAND GmbH
  • IngMar Medical, Inovus Ltd.
  • Intelligent Ultrasound Group
  • KaVo Dental GmbH
  • Kyoto Kagaku Co. Ltd.
  • Laerdal Medical AS
  • Limbs and Things Ltd.
  • Medical-X, Mentice AB
  • Operative Experience Inc.
  • Simendo BV, Simulab Corp.
  • Symgery, Trucorp Ltd.
  • VirtaMed AG

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The global healthcare simulation market is experiencing significant growth, as revealed by extensive research studies and industry trend analyses. Pricing, patent, and conference materials further underscore this growth trajectory. Key stakeholders are increasingly recognizing the value of simulation technologies in healthcare, utilizing methodologies that replicate real-world medical scenarios. Through system testing and computer-based simulations, tools like standardized patients and medical mannequins facilitate student learning and clinical decision-making. This immersive approach helps identify and rectify critical errors, aligning with the Accreditation Council for Graduate Medical Education's outcome-based assessment benchmarks. However, restraint exists in the form of inadequately designed medical simulation equipment, highlighting the importance of providing a secure learning environment for effective training and skill development.

Segment Overview

The market growth analysis report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook 
    • Academic institutes
    • Military organizations
    • Hospitals
    • Others
  • Solution Outlook 
    • Healthcare anatomical models
    • Web-based simulators
    • Simulation training services
    • Healthcare simulation software
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile 
      • Peru
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
    • Rest of the World
      • Argentina
      • Australia
      • Brazil

Medical Simulation Market Scope

Market Report Coverage

Details

Page number

155

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 15.45%

Market growth 2023-2027

USD 1.99 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

14.48

Regional analysis

North America, Europe, Asia, and the Rest of the World (ROW)

Performing market contribution

North America at 45%

Key countries

US, Canada, UK, Germany, and China

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Altay Scientific, CAE Inc., Cardionics Inc., Gaumard Scientific Co. Inc., HAAG-STREIT DEUTSCHLAND GmbH, IngMar Medical, Inovus Ltd., Intelligent Ultrasound Group, KaVo Dental GmbH, Kyoto Kagaku Co. Ltd., Laerdal Medical AS, Limbs and Things Ltd., Medical-X, Mentice AB, Operative Experience Inc., Simendo BV, Simulab Corp., Symgery, Trucorp Ltd., and VirtaMed AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our market forecasting report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Detailed analysis of customer landscape covering diver of price sensitivity, adoption of the lifecycle, and key purchase criteria 
  • Companies landscape comparing criticality of inputs and factors of differentiation
  • Exclusive Matrix on companies' position and classification
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, Asia, and the Rest of the World (ROW)
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Solution
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global medical simulation market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global medical simulation market 2017 - 2021 ($ million)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.3 Solution Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Solution Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Academic institutes - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Academic institutes - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Academic institutes - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Academic institutes - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Academic institutes - Year-over-year growth 2022-2027 (%)
    • 6.4 Military organizations - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Military organizations - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Military organizations - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Military organizations - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Military organizations - Year-over-year growth 2022-2027 (%)
    • 6.5 Hospitals - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Hospitals - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Hospitals - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Hospitals - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Hospitals - Year-over-year growth 2022-2027 (%)
    • 6.6 Others - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by End-user
      • Exhibit 50: Market opportunity by End-user ($ million)
      • Exhibit 51: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Solution

    • 7.1 Market segments
      • Exhibit 52: Chart on Solution - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on Solution - Market share 2022-2027 (%)
    • 7.2 Comparison by Solution
      • Exhibit 54: Chart on Comparison by Solution
      • Exhibit 55: Data Table on Comparison by Solution
    • 7.3 Healthcare anatomical models - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Healthcare anatomical models - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Healthcare anatomical models - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Healthcare anatomical models - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Healthcare anatomical models - Year-over-year growth 2022-2027 (%)
    • 7.4 Web-based simulators - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Web-based simulators - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Web-based simulators - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Web-based simulators - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Web-based simulators - Year-over-year growth 2022-2027 (%)
    • 7.5 Simulation training services - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Simulation training services - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Simulation training services - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Simulation training services - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Simulation training services - Year-over-year growth 2022-2027 (%)
    • 7.6 Healthcare simulation software - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Healthcare simulation software - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Data Table on Healthcare simulation software - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Chart on Healthcare simulation software - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Healthcare simulation software - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Solution
      • Exhibit 72: Market opportunity by Solution ($ million)
      • Exhibit 73: Data Table on Market opportunity by Solution ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 Asia - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Asia - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Asia - Year-over-year growth 2022-2027 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • 9.7 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.8 UK - Market size and forecast 2022-2027
      • Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.9 Canada - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Altay Scientific
              • Exhibit 123: Altay Scientific - Overview
              • Exhibit 124: Altay Scientific - Product / Service
              • Exhibit 125: Altay Scientific - Key offerings
            • 12.4 CAE Inc.
              • Exhibit 126: CAE Inc. - Overview
              • Exhibit 127: CAE Inc. - Business segments
              • Exhibit 128: CAE Inc. - Key offerings
              • Exhibit 129: CAE Inc. - Segment focus
            • 12.5 Cardionics Inc.
              • Exhibit 130: Cardionics Inc. - Overview
              • Exhibit 131: Cardionics Inc. - Product / Service
              • Exhibit 132: Cardionics Inc. - Key offerings
            • 12.6 Gaumard Scientific Co. Inc.
              • Exhibit 133: Gaumard Scientific Co. Inc. - Overview
              • Exhibit 134: Gaumard Scientific Co. Inc. - Product / Service
              • Exhibit 135: Gaumard Scientific Co. Inc. - Key offerings
            • 12.7 IngMar Medical
              • Exhibit 136: IngMar Medical - Overview
              • Exhibit 137: IngMar Medical - Product / Service
              • Exhibit 138: IngMar Medical - Key offerings
            • 12.8 Intelligent Ultrasound Group
              • Exhibit 139: Intelligent Ultrasound Group - Overview
              • Exhibit 140: Intelligent Ultrasound Group - Business segments
              • Exhibit 141: Intelligent Ultrasound Group - Key offerings
              • Exhibit 142: Intelligent Ultrasound Group - Segment focus
            • 12.9 Kyoto Kagaku Co. Ltd.
              • Exhibit 143: Kyoto Kagaku Co. Ltd. - Overview
              • Exhibit 144: Kyoto Kagaku Co. Ltd. - Product / Service
              • Exhibit 145: Kyoto Kagaku Co. Ltd. - Key offerings
            • 12.10 Laerdal Medical AS
              • Exhibit 146: Laerdal Medical AS - Overview
              • Exhibit 147: Laerdal Medical AS - Product / Service
              • Exhibit 148: Laerdal Medical AS - Key offerings
            • 12.11 Limbs and Things Ltd.
              • Exhibit 149: Limbs and Things Ltd. - Overview
              • Exhibit 150: Limbs and Things Ltd. - Product / Service
              • Exhibit 151: Limbs and Things Ltd. - Key offerings
            • 12.12 Medical-X
              • Exhibit 152: Medical-X - Overview
              • Exhibit 153: Medical-X - Product / Service
              • Exhibit 154: Medical-X - Key offerings
            • 12.13 Mentice AB
              • Exhibit 155: Mentice AB - Overview
              • Exhibit 156: Mentice AB - Business segments
              • Exhibit 157: Mentice AB - Key offerings
              • Exhibit 158: Mentice AB - Segment focus
            • 12.14 Operative Experience Inc.
              • Exhibit 159: Operative Experience Inc. - Overview
              • Exhibit 160: Operative Experience Inc. - Product / Service
              • Exhibit 161: Operative Experience Inc. - Key offerings
            • 12.15 Simulab Corp.
              • Exhibit 162: Simulab Corp. - Overview
              • Exhibit 163: Simulab Corp. - Product / Service
              • Exhibit 164: Simulab Corp. - Key offerings
            • 12.16 Trucorp Ltd.
              • Exhibit 165: Trucorp Ltd. - Overview
              • Exhibit 166: Trucorp Ltd. - Product / Service
              • Exhibit 167: Trucorp Ltd. - Key offerings
            • 12.17 VirtaMed AG
              • Exhibit 168: VirtaMed AG - Overview
              • Exhibit 169: VirtaMed AG - Product / Service
              • Exhibit 170: VirtaMed AG - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 171: Inclusions checklist
                • Exhibit 172: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 173: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 174: Research methodology
                • Exhibit 175: Validation techniques employed for market sizing
                • Exhibit 176: Information sources
              • 13.5 List of abbreviations
                • Exhibit 177: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              healthcare medical simulation market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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