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Medical Education Market by Learning Method, Courses, and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 131
  • SKU: IRTNTR40007
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The medical education market share is expected to increase by USD 143.30 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 17%.

This medical education market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers medical education market segmentations by courses (graduate courses, certifications and training, and post-graduate courses), learning method (blended learning and online learning), and geography (North America, Europe, APAC, South America, and MEA). The medical education market report also offers information on several market vendors, including Harvard University, Johns Hopkins University, New York University, Stanford University, University of California, University of Cambridge, University of New England, University of Oxford, University of Washington, and Yale University among others.

What will the Medical Education Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Medical Education Market Size for the Forecast Period and Other Important Statistics

 

Medical Education Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growth in number of online medical education programs is notably driving the medical education market growth, although factors such as threat from open-source and free educational resources. may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the medical education industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Medical Education Market Driver

One of the key factors driving the medical education market growth is the growth in number of online medical education programs. Medical professionals are increasingly replacing traditional physical classrooms and using online training modules. Compared with traditional medical education, online medical courses prove to be beneficial as they facilitate specific medical stream courses and provide access to various course materials and online assessments for both instructors as well as learners. Online learning mostly comprises recorded videos and online learning and assessment tools (accessible using an online platform), along with various reading materials that can be accessed over the internet. Moreover, by using online tools, educators have easy access to real-time data on students progress based on test scores and student activities. Therefore, online medical education programs are becoming largely popular in the global medical education market and are expected to drive the growth of the market during the forecast period.

Key Medical Education Market Trend

The significant market trend in the medical education market is rise in organic growth. The global medical education market is witnessing a significant rise in organic growth through the launch of various new medical courses and platforms. Medical institutes are introducing new medical courses and platforms, both in traditional and online patterns, to encourage student participation and enrollments in the medical field. The medical school is equipped with realistic simulations in its medical curriculum and adopts AR technology for teaching methods. In February 2019, New York University announced the opening of three-year medical schools in the US. These schools will focus on training primary care physicians. Therefore, the launch of new medical courses and the expansion of universities are likely to increase the number of student enrollments in the market, thereby positively influencing the growth of the global medical education market during the forecast period.

Key Medical Education Market Challenge

One of the key challenges affecting the market growth of the medical education market is the threat from open-source and free education resources. The presence of free and open-source education resources poses a huge threat to the growth of the global medical education market. Several vendors in the market offer open-source medical courses that are free of cost. Therefore, students who cannot afford a paid education opt for such free services offered by various open-source vendors. A significant amount of time, money, and resources are associated with developing content for e-learning courses. Similarly, the cost of developing online courses increases with the complexity of the content, especially in medical education. Due to the high medical college tuition costs, students often opt for loans to pay for medical courses. Therefore, the rising cost of medical education, along with the rise in the number of student debts, is expected to hamper the growth of the global medical education market during the forecast period.

This medical education market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global medical education market as a part of the global education services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the medical education market during the forecast period.

Who are the Major Medical Education Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Harvard University
  • Johns Hopkins University
  • New York University
  • Stanford University
  • University of California
  • University of Cambridge
  • University of New England
  • University of Oxford
  • University of Washington
  • Yale University

 

This statistical study of the medical education market encompasses successful business strategies deployed by the key vendors. The medical education market is fragmented and the vendors are deploying growth strategies such as innovating medical curriculums by integrating the courses with technologies such as AR and VR to compete in the market.

Product Insights and News

  • Harvard University - Some of the key medical courses offered by the university through its Harvard Medical School include HMX Physiology, HMX Immunology, HMX Genetics, and HMX Biochemistry.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The medical education market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Medical Education Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the medical education market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

Which are the Key Regions for Medical Education Market?

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34% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for medical education market in North America. Market growth in this region will be faster than the growth of the market in Europe.

Increasing enrollments in distance-learning medical degrees in countries such as the US and Canada have encouraged many medical education institutions in the region to promote online distance-learning degrees which will facilitate the medical education market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Geography Segments in the Medical Education Market?

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The medical education market share growth by the graduate courses segment will be significant during the forecast period. A graduate degree in medical education is the basic qualification required by a candidate to enter the field of medical services. This segment is expected to hold the largest share in the global medical education market during the forecast period owing to the high student enrollment for graduate courses compared with other segments.

This report provides an accurate prediction of the contribution of all the segments to the growth of the medical education market size and actionable market insights on post COVID-19 impact on each segment.

 

Medical Education Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 17%

Market growth 2021-2025

$ 143.30 billion

Market structure

Fragmented

YoY growth (%)

15.00

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 34%

Key consumer countries

US, UK, Germany, Australia, and Canada

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Harvard University, Johns Hopkins University, New York University, Stanford University, University of California, University of Cambridge, University of New England, University of Oxford, University of Washington, and Yale University

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 forecast period

Customization purview

If our 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 Medical Education Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive medical education market growth during the next five years
  • Precise estimation of the medical education market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the medical education industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of medical education market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Read More Read Less

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value Chain Analysis: Education Services

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
    • 3.4 Market outlook: Forecast for 2020 - 2025
      • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
      • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

    4 Five Forces Analysis

    • 4.1 Five Forces Summary
      • Exhibit 08: Five forces analysis 2020 & 2025
    • 4.2 Bargaining power of buyers
      • Exhibit 09: Bargaining power of buyers
    • 4.3 Bargaining power of suppliers
      • Exhibit 10: Bargaining power of suppliers
    • 4.4 Threat of new entrants
      • Exhibit 11: Threat of new entrants
    • 4.5 Threat of substitutes
      • Exhibit 12: Threat of substitutes
    • 4.6 Threat of rivalry
      • Exhibit 13: Threat of rivalry
    • 4.7 Market condition
      • Exhibit 14: Market condition - Five forces 2020

    5 Market Segmentation by Courses

    • 5.1 Market segments
      • 5.2 Comparison by Courses
        • 5.3 Graduate courses - Market size and forecast 2020-2025
          • Exhibit 17: Graduate courses - Market size and forecast 2020-2025 ($ billion)
          • Exhibit 18: Graduate courses - Year-over-year growth 2020-2025 (%)
        • 5.4 Certifications and trainings - Market size and forecast 2020-2025
          • Exhibit 19: Certifications and trainings - Market size and forecast 2020-2025 ($ billion)
          • Exhibit 20: Certifications and trainings - Year-over-year growth 2020-2025 (%)
        • 5.5 Post graduate courses - Market size and forecast 2020-2025
          • Exhibit 21: Post graduate courses - Market size and forecast 2020-2025 ($ billion)
          • Exhibit 22: Post graduate courses - Year-over-year growth 2020-2025 (%)
        • 5.6 Market opportunity by Courses
          • Exhibit 23: Market opportunity by Courses

        6 Market Segmentation by Learning Method

        • 6.1 Market segments
          • 6.2 Comparison by Learning method
            • 6.3 Blended learning - Market size and forecast 2020-2025
              • Exhibit 26: Blended learning - Market size and forecast 2020-2025 ($ billion)
              • Exhibit 27: Blended learning - Year-over-year growth 2020-2025 (%)
            • 6.4 Online learning - Market size and forecast 2020-2025
              • Exhibit 28: Online learning - Market size and forecast 2020-2025 ($ billion)
              • Exhibit 29: Online learning - Year-over-year growth 2020-2025 (%)
            • 6.5 Market opportunity by Learning method
              • Exhibit 30: Market opportunity by Learning method

            7 Customer landscape

            8 Geographic Landscape

            • 8.1 Geographic segmentation
              • Exhibit 32: Market share by geography 2020-2025 (%)
            • 8.2 Geographic comparison
              • Exhibit 33: Geographic comparison
            • 8.3 North America - Market size and forecast 2020-2025
              • Exhibit 34: North America - Market size and forecast 2020-2025 ($ billion)
              • Exhibit 35: North America - Year-over-year growth 2020-2025 (%)
            • 8.4 Europe - Market size and forecast 2020-2025
              • Exhibit 36: Europe - Market size and forecast 2020-2025 ($ billion)
              • Exhibit 37: Europe - Year-over-year growth 2020-2025 (%)
            • 8.5 APAC - Market size and forecast 2020-2025
              • Exhibit 38: APAC - Market size and forecast 2020-2025 ($ billion)
              • Exhibit 39: APAC - Year-over-year growth 2020-2025 (%)
            • 8.6 South America - Market size and forecast 2020-2025
              • Exhibit 40: South America - Market size and forecast 2020-2025 ($ billion)
              • Exhibit 41: South America - Year-over-year growth 2020-2025 (%)
            • 8.7 MEA - Market size and forecast 2020-2025
              • Exhibit 42: MEA - Market size and forecast 2020-2025 ($ billion)
              • Exhibit 43: MEA - Year-over-year growth 2020-2025 (%)
            • 8.8 Key leading countries
              • Exhibit 44: Key leading countries
            • 8.9 Market opportunity by geography
              • Exhibit 45: Market opportunity by geography ($ billion)

            9 Drivers, Challenges, and Trends

            • 9.1 Market drivers
              • 9.2 Market challenges
                • Exhibit 46: Impact of drivers and challenges
              • 9.3 Market trends

                10 Vendor Landscape

                • 10.1 Overview
                  • 10.2 Landscape disruption
                    • Exhibit 48: Landscape disruption
                    • Exhibit 49: Industry risks
                  • 10.3 Competitive Scenario

                    11 Vendor Analysis

                    • 11.1 Vendors covered
                      • Exhibit 50: Vendors covered
                    • 11.2 Market positioning of vendors
                      • Exhibit 51: Market positioning of vendors
                    • 11.3 Harvard University
                      • Exhibit 52: Harvard University - Overview
                      • Exhibit 53: Harvard University - Business segments
                      • Exhibit 54: Harvard University - Key news
                      • Exhibit 55: Harvard University - Key offerings
                    • 11.4 Johns Hopkins University
                      • Exhibit 56: Johns Hopkins University - Overview
                      • Exhibit 57: Johns Hopkins University - Product and service
                      • Exhibit 58: Johns Hopkins University - Key news
                      • Exhibit 59: Johns Hopkins University - Key offerings
                    • 11.5 New York University
                      • Exhibit 60: New York University - Overview
                      • Exhibit 61: New York University - Product and service
                      • Exhibit 62: New York University - Key news
                      • Exhibit 63: New York University - Key offerings
                    • 11.6 Stanford University
                      • Exhibit 64: Stanford University - Overview
                      • Exhibit 65: Stanford University - Business segments
                      • Exhibit 66: Stanford University - Key offerings
                    • 11.7 University of California
                      • Exhibit 67: University of California - Overview
                      • Exhibit 68: University of California - Product and service
                      • Exhibit 69: University of California - Key news
                      • Exhibit 70: University of California - Key offerings
                    • 11.8 University of Cambridge
                      • Exhibit 71: University of Cambridge - Overview
                      • Exhibit 72: University of Cambridge - Business segments
                      • Exhibit 73: University of Cambridge - Key offerings
                      • Exhibit 74: University of Cambridge - Segment focus
                    • 11.9 University of New England
                      • Exhibit 75: University of New England - Overview
                      • Exhibit 76: University of New England - Business segments
                      • Exhibit 77: University of New England - Key offerings
                    • 11.10 University of Oxford
                      • Exhibit 78: University of Oxford - Overview
                      • Exhibit 79: University of Oxford - Business segments
                      • Exhibit 80: University of Oxford - Key offerings
                    • 11.11 University of Washington
                      • Exhibit 81: University of Washington - Overview
                      • Exhibit 82: University of Washington - Business segments
                      • Exhibit 83: University of California - Key news
                      • Exhibit 84: University of Washington - Key offerings
                    • 11.12 Yale University
                      • Exhibit 85: Yale University - Overview
                      • Exhibit 86: Yale University - Product and service
                      • Exhibit 87: Yale University - Key news
                      • Exhibit 88: Yale University - Key offerings
                      • Click or tap here to enter text.

                    12 Appendix

                    • 12.1 Scope of the report
                      • 12.2 Currency conversion rates for US$
                        • Exhibit 89: Currency conversion rates for US$
                      • 12.3 Research methodology
                        • Exhibit 90: Research Methodology
                        • Exhibit 91: Validation techniques employed for market sizing
                        • Exhibit 92: Information sources
                      • 12.4 List of abbreviations
                        • Exhibit 93: 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.

                      TechnavioINFORMATION 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
                      Technavio

                      TechnavioDATA 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
                      Technavio

                      TechnavioREPORT 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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                      The medical education market growth will increase by $143.3 billion during 2021-2025.
                      The medical education market is expected to grow at a CAGR of 17% during 2021-2025.
                      Technavio has segmented the medical education market by other1 (Graduate courses, Certifications and trainings, and Post graduate courses) ,other2 (Blended learning and Online learning) , and geographic (North America, Europe, APAC, South America, and MEA).
                      Harvard University, Johns Hopkins University, New York University, Stanford University, University of California, University of Cambridge, University of New England, University of Oxford, University of Washington, Yale University are a few of the key vendors in the medical education market.
                      North America will register the highest growth rate of 34.38% among the other regions. Therefore, the medical education market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
                      • US
                      • UK
                      • Germany
                      • Australia
                      • Canada
                      The key factors driving the medical education market growth are:
                      • Growth in number of online medical education programs
                      • Gamification in medical education
                      The medical education market vendors should focus on grabbing business opportunities from the graduate courses segment as it accounted for the largest market share in the base year.
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