Global Medical Simulation Market 2020 2026

Bonafide Trust 28-11-2020 160 Pages Figures : 78 Tables : 88
Region : Global Category : Lifescience Pharmaceutical

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Global medical simulation market will reach $4,375.0 million by 2026, growing by 14.46% annually over 2020-2026 owing to growing incidences of chronic disorders and population, rising patient safety concerns, the heightened demand for minimally invasive surgery (MIS), and technological advancement. Highlighted with 88 tables and 78 figures, this 160-page report “Global Medical Simulation Market 2020-2026 by Product & Service (Model-based Simulation, Web-based Simulation, Simulation Training Services), Fidelity (High, Medium, Low), End User, and Region: COVID-19 Impact and Growth Opportunity” is based on a holistic research of the entire global medical simulation market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2016-2019 and provides forecast from 2020 till 2026 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global medical simulation market in every aspect of the classification from perspectives of Product & Service, Fidelity, End User, and Region. Based on Product & Service, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section. Model-based Simulation • Patient Simulation (further segmented into Manikin-based Simulation, Task Trainer Simulation, Hybrid Manikin-based simulation, Standardized Patient Simulation) • Surgical Simulation (further split into Cardiovascular Simulators, Laparoscopic Surgical Simulators, Gynecology Simulators, Arthroscopic Surgical Simulators, Orthopedic Simulators, Endovascular Simulators, Spine Simulators, Other Surgical Simulations) • Ultrasound Simulation (further segmented into Cardiology, Anesthesia, Intensive Care Unit, Emergency Medicine, OB/GYN, Radiology, Other Ultrasound Simulations) Web-based Simulation • Virtual Tutors • Performance Recording Software • Simulation Software • Learning Management Software Simulation Training Services • Vendor-based Training • Custom Consulting Services • Educational Societies Based on Fidelity, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section. • Low-fidelity • Medium-fidelity • High-fidelity Based on End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section. • Academic Institutions & Research Centers • Hospitals & Clinics • Military Organizations • Other End Users Geographically, the following regions together with the listed national/local markets are fully investigated: • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka) • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania) • North America (U.S., Canada, and Mexico) • South America (Brazil, Columbia, Argentina, Rest of South America) • MEA (Saudi Arabia, UAE, South Africa) For each region and key country, detailed analysis and data for annual revenue ($ mn) are available for 2016-2026. The breakdown of all regional markets by country and split of key national markets by Product & Service, Fidelity, and End User over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in global medical simulation market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. Key Players (this may not be a complete list and extra companies can be added upon request): 3D Systems Corporation Canadian Aviation Electronics, Ltd. (CAE) Gaumard Scientific Company Intelligent Ultrasound Group Plc (Formerly Medaphor Group Plc) Kyoto Kagaku Co., Ltd. Laerdal Medical AS Limbs & Things Ltd. Mentice AB Simulab Corporation Simulaids, Inc. Surgical Science Sweden AB Virtamed AG (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table of Contents

1 Introduction 8

1.1 Industry Definition and Research Scope 8

1.1.1 Industry Definition 8

1.1.2 Research Scope 9

1.2 Research Methodology 12

1.2.1 Overview of Market Research Methodology 12

1.2.2 Market Assumption 13

1.2.3 Secondary Data 13

1.2.4 Primary Data 13

1.2.5 Data Filtration and Model Design 15

1.2.6 Market Size/Share Estimation 16

1.2.7 Research Limitations 17

1.3 Executive Summary 18

2 Market Overview and Dynamics 20

2.1 Market Size and Forecast 20

2.1.1 Impact of COVID-19 on World Economy 21

2.1.2 Impact of COVID-19 on the Market 24

2.2 Major Growth Drivers 26

2.3 Market Restraints and Challenges 29

2.4 Emerging Opportunities and Market Trends 32

2.5 Porter’s Fiver Forces Analysis 36

3 Segmentation of Global Market by Product & Service 40

3.1 Market Overview by Product & Service 40

3.2 Model-based Simulation 42

3.2.1 Patient Simulation 43

3.2.2 Surgical Simulation 44

3.2.3 Ultrasound Simulation 46

3.3 Web-based Simulation 48

3.3.1 Virtual Tutors 50

3.3.2 Performance Recording Software 51

3.3.3 Simulation Software 52

3.3.4 Learning Management Software 53

3.4 Simulation Training Services 54

3.4.1 Vendor-based Training 55

3.4.2 Custom Consulting Services 56

3.4.3 Educational Societies 57

4 Segmentation of Global Market by Fidelity 58

4.1 Market Overview by Fidelity 58

4.2 Low-fidelity 60

4.3 Medium-fidelity 61

4.4 High-fidelity 62

5 Segmentation of Global Market by End User 63

5.1 Market Overview by End User 63

5.2 Academic Institutions & Research Centers 65

5.3 Hospitals & Clinics 66

5.4 Military Organizations 67

5.5 Other End Users 68

6 Segmentation of Global Market by Region 69

6.1 Geographic Market Overview 2019-2026 69

6.2 North America Market 2019-2026 by Country 73

6.2.1 Overview of North America Market 73

6.2.2 U.S. 76

6.2.3 Canada 80

6.2.4 Mexico 82

6.3 European Market 2019-2026 by Country 84

6.3.1 Overview of European Market 84

6.3.2 UK 87

6.3.3 France 89

6.3.4 Germany 91

6.3.5 Spain 93

6.3.6 Italy 95

6.3.7 Russia 97

6.3.8 Rest of European Market 99

6.4 Asia-Pacific Market 2019-2026 by Country 101

6.4.1 Overview of Asia-Pacific Market 101

6.4.2 China 104

6.4.3 Japan 106

6.4.4 India 109

6.4.5 Australia 111

6.4.6 South Korea 113

6.4.7 Rest of APAC Region 115

6.5 South America Market 2019-2026 by Country 117

6.5.1 Argentina 120

6.5.2 Brazil 122

6.5.3 Columbia 124

6.5.4 Rest of South America Market 126

6.6 MEA Market 2019-2026 by Country 127

6.6.1 UAE 130

6.6.2 Saudi Arabia 132

6.6.3 South Africa 134

6.6.4 Other National Markets 136

7 Competitive Landscape 137

7.1 Overview of Key Vendors 137

7.2 New Product Launch, Partnership, Investment, and M&A 140

7.3 Company Profiles 141

3D Systems Corporation 141

Canadian Aviation Electronics, Ltd. (CAE) 143

Gaumard Scientific Company 144

Intelligent Ultrasound Group Plc (Formerly Medaphor Group Plc) 145

Kyoto Kagaku Co., Ltd. 146

Laerdal Medical AS 147

Limbs & Things Ltd. 148

Mentice AB 149

Simulab Corporation 150

Simulaids, Inc. 151

Surgical Science Sweden AB 152

Virtamed AG 153

8 Investing in Global Market: Risk Assessment and Management 154

8.1 Risk Evaluation of Global Market 154

8.2 Critical Success Factors (CSFs) 157

Related Reports and Products 160

Figure 1. Research Method Flow Chart 12
Figure 2. Breakdown of Primary Research 14
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 4. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026 18
Figure 5. Global Medical Simulation Market, 2019-2026, $ mn 20
Figure 6. Impact of COVID-19 on Business 24
Figure 7. Primary Drivers and Impact Factors of Global Medical Simulation Market 26
Figure 8. Primary Restraints and Impact Factors of Global Medical Simulation Market 29
Figure 9. Investment Opportunity Analysis 33
Figure 10. Porter’s Fiver Forces Analysis of Global Medical Simulation Market 36
Figure 11. Breakdown of Global Medical Simulation Market by Product & Service, 2019-2026, % of Revenue 40
Figure 12. Contribution to Global 2020-2026 Cumulative Revenue by Product & Service, Value ($ mn) and Share (%) 41
Figure 13. Global Medical Simulation Market: Model-based Simulation, 2016-2026, $ mn 42
Figure 14. Global Medical Simulation Market: Patient Simulation, 2016-2026, $ mn 43
Figure 15. Global Medical Simulation Market: Surgical Simulation, 2016-2026, $ mn 44
Figure 16. Global Medical Simulation Market: Ultrasound Simulation, 2016-2026, $ mn 46
Figure 17. Global Medical Simulation Market: Web-based Simulation, 2016-2026, $ mn 48
Figure 18. Global Medical Simulation Market: Virtual Tutors, 2016-2026, $ mn 50
Figure 19. Global Medical Simulation Market: Performance Recording Software, 2016-2026, $ mn 51
Figure 20. Global Medical Simulation Market: Simulation Software, 2016-2026, $ mn 52
Figure 21. Global Medical Simulation Market: Learning Management Software, 2016-2026, $ mn 53
Figure 22. Global Medical Simulation Market: Simulation Training Services, 2016-2026, $ mn 54
Figure 23. Global Medical Simulation Market: Vendor-based Training, 2016-2026, $ mn 55
Figure 24. Global Medical Simulation Market: Custom Consulting Services, 2016-2026, $ mn 56
Figure 25. Global Medical Simulation Market: Educational Societies, 2016-2026, $ mn 57
Figure 26. Breakdown of Global Medical Simulation Market by Fidelity, 2019-2026, % of Revenue 58
Figure 27. Contribution to Global 2020-2026 Cumulative Revenue by Fidelity, Value ($ mn) and Share (%) 59
Figure 28. Global Medical Simulation Market: Low-fidelity, 2016-2026, $ mn 60
Figure 29. Global Medical Simulation Market: Medium-fidelity, 2016-2026, $ mn 61
Figure 30. Global Medical Simulation Market: High-fidelity, 2016-2026, $ mn 62
Figure 31. Breakdown of Global Medical Simulation Market by End User, 2019-2026, % of Revenue 64
Figure 32. Contribution to Global 2020-2026 Cumulative Revenue by End User, Value ($ mn) and Share (%) 64
Figure 33. Global Medical Simulation Market: Academic Institutions & Research Centers, 2016-2026, $ mn 65
Figure 34. Global Medical Simulation Market: Hospitals & Clinics, 2016-2026, $ mn 66
Figure 35. Global Medical Simulation Market: Military Organizations, 2016-2026, $ mn 67
Figure 36. Global Medical Simulation Market: Other End Users, 2016-2026, $ mn 68
Figure 37. Global Market Snapshot by Region 69
Figure 38. Geographic Spread of Worldwide Medical Simulation Market, 2019-2026, % of Revenue 70
Figure 39. Contribution to Global 2020-2026 Cumulative Revenue by Region, Value ($ mn) and Share (%) 71
Figure 40. North American Medical Simulation Market, 2016-2026, $ mn 74
Figure 41. Breakdown of North America Medical Simulation Market by Country, 2019 and 2026, % of Revenue 74
Figure 42. Contribution to North America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 75
Figure 43. U.S. Medical Simulation Market, 2016-2026, $ mn 77
Figure 44. Canada Medical Simulation Market, 2016-2026, $ mn 80
Figure 45. Medical Simulation Market in Mexico, 2016-2026, $ mn 82
Figure 46. European Medical Simulation Market, 2016-2026, $ mn 85
Figure 47. Breakdown of European Medical Simulation Market by Country, 2019 and 2026, % of Revenue 85
Figure 48. Contribution to Europe 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 86
Figure 49. Medical Simulation Market in UK, 2016-2026, $ mn 87
Figure 50. Medical Simulation Market in France, 2016-2026, $ mn 89
Figure 51. Medical Simulation Market in Germany, 2016-2026, $ mn 91
Figure 52. Medical Simulation Market in Spain, 2016-2026, $ mn 93
Figure 53. Medical Simulation Market in Italy, 2016-2026, $ mn 95
Figure 54. Medical Simulation Market in Russia, 2016-2026, $ mn 97
Figure 55. Medical Simulation Market in Rest of Europe, 2016-2026, $ mn 99
Figure 56. Asia-Pacific Medical Simulation Market, 2016-2026, $ mn 102
Figure 57. Breakdown of APAC Medical Simulation Market by Country, 2019 and 2026, % of Revenue 102
Figure 58. Contribution to APAC 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 103
Figure 59. Medical Simulation Market in China, 2016-2026, $ mn 104
Figure 60. Medical Simulation Market in Japan, 2016-2026, $ mn 107
Figure 61. Medical Simulation Market in India, 2016-2026, $ mn 109
Figure 62. Medical Simulation Market in Australia, 2016-2026, $ mn 111
Figure 63. Medical Simulation Market in South Korea, 2016-2026, $ mn 113
Figure 64. Medical Simulation Market in Rest of APAC, 2016-2026, $ mn 115
Figure 65. South America Medical Simulation Market, 2016-2026, $ mn 118
Figure 66. Breakdown of South America Medical Simulation Market by Country, 2019 and 2026, % of Revenue 118
Figure 67. Contribution to South America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 119
Figure 68. Medical Simulation Market in Argentina, 2016-2026, $ mn 120
Figure 69. Medical Simulation Market in Brazil, 2016-2026, $ mn 122
Figure 70. Medical Simulation Market in Columbia, 2016-2026, $ mn 124
Figure 71. Medical Simulation Market in Rest of South America, 2016-2026, $ mn 126
Figure 72. Medical Simulation Market in Middle East and Africa (MEA), 2016-2026, $ mn 128
Figure 73. Breakdown of MEA Medical Simulation Market by Country, 2019 and 2026, % of Revenue 128
Figure 74. Contribution to MEA 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 129
Figure 75. Medical Simulation Market in UAE, 2016-2026, $ mn 130
Figure 76. Medical Simulation Market in Saudi Arabia, 2016-2026, $ mn 132
Figure 77. Medical Simulation Market in South Africa, 2016-2026, $ mn 134
Figure 78. Growth Stage of Global Medical Simulation Industry over the Forecast Period 137

Table 1. Snapshot of Global Medical Simulation Market in Balanced Perspective, 2019-2026 19
Table 2. Growth Rate of World Real GDP, 2017-2021 22
Table 3. Main Product Trends and Market Opportunities in Global Medical Simulation Market 32
Table 4. Global Medical Simulation Market by Product & Service, 2016-2026, $ mn 40
Table 5. Global Medical Simulation Market: Model-based Simulation by Segment, 2016-2026, $ mn 42
Table 6. Global Medical Simulation Market: Patient Simulation by Segment, 2016-2026, $ mn 43
Table 7. Global Medical Simulation Market: Surgical Simulation by Segment, 2016-2026, $ mn 45
Table 8. Global Medical Simulation Market: Ultrasound Simulation by Segment, 2016-2026, $ mn 47
Table 9. Global Medical Simulation Market: Web-based Simulation by Segment, 2016-2026, $ mn 49
Table 10. Global Medical Simulation Market: Simulation Training Services by Segment, 2016-2026, $ mn 54
Table 11. Global Medical Simulation Market by Fidelity, 2016-2026, $ mn 58
Table 12. Global Medical Simulation Market by End User, 2016-2026, $ mn 63
Table 13. Global Medical Simulation Market by Region, 2016-2026, $ mn 70
Table 14. Leading National Medical Simulation Market, 2019 and 2026, $ mn 72
Table 15. North America Medical Simulation Market by Country, 2016-2026, $ mn 75
Table 16. U.S. Medical Simulation Market by Product & Service, 2016-2026, $ mn 78
Table 17. U.S. Medical Simulation Market by Fidelity, 2016-2026, $ mn 78
Table 18. U.S. Medical Simulation Market by End User, 2016-2026, $ mn 78
Table 19. Canada Medical Simulation Market by Product & Service, 2016-2026, $ mn 81
Table 20. Canada Medical Simulation Market by Fidelity, 2016-2026, $ mn 81
Table 21. Canada Medical Simulation Market by End User, 2016-2026, $ mn 81
Table 22. Mexico Medical Simulation Market by Product & Service, 2016-2026, $ mn 83
Table 23. Mexico Medical Simulation Market by Fidelity, 2016-2026, $ mn 83
Table 24. Mexico Medical Simulation Market by End User, 2016-2026, $ mn 83
Table 25. Europe Medical Simulation Market by Country, 2016-2026, $ mn 86
Table 26. UK Medical Simulation Market by Product & Service, 2016-2026, $ mn 88
Table 27. UK Medical Simulation Market by Fidelity, 2016-2026, $ mn 88
Table 28. UK Medical Simulation Market by End User, 2016-2026, $ mn 88
Table 29. France Medical Simulation Market by Product & Service, 2016-2026, $ mn 90
Table 30. France Medical Simulation Market by Fidelity, 2016-2026, $ mn 90
Table 31. France Medical Simulation Market by End User, 2016-2026, $ mn 90
Table 32. Germany Medical Simulation Market by Product & Service, 2016-2026, $ mn 92
Table 33. Germany Medical Simulation Market by Fidelity, 2016-2026, $ mn 92
Table 34. Germany Medical Simulation Market by End User, 2016-2026, $ mn 92
Table 35. Spain Medical Simulation Market by Product & Service, 2016-2026, $ mn 94
Table 36. Spain Medical Simulation Market by Fidelity, 2016-2026, $ mn 94
Table 37. Spain Medical Simulation Market by End User, 2016-2026, $ mn 94
Table 38. Italy Medical Simulation Market by Product & Service, 2016-2026, $ mn 96
Table 39. Italy Medical Simulation Market by Fidelity, 2016-2026, $ mn 96
Table 40. Italy Medical Simulation Market by End User, 2016-2026, $ mn 96
Table 41. Russia Medical Simulation Market by Product & Service, 2016-2026, $ mn 98
Table 42. Russia Medical Simulation Market by Fidelity, 2016-2026, $ mn 98
Table 43. Russia Medical Simulation Market by End User, 2016-2026, $ mn 98
Table 44. Medical Simulation Market in Rest of Europe by Country, 2016-2026, $ mn 100
Table 45. APAC Medical Simulation Market by Country, 2016-2026, $ mn 103
Table 46. China Medical Simulation Market by Product & Service, 2016-2026, $ mn 105
Table 47. China Medical Simulation Market by Fidelity, 2016-2026, $ mn 105
Table 48. China Medical Simulation Market by End User, 2016-2026, $ mn 105
Table 49. Japan Medical Simulation Market by Product & Service, 2016-2026, $ mn 108
Table 50. Japan Medical Simulation Market by Fidelity, 2016-2026, $ mn 108
Table 51. Japan Medical Simulation Market by End User, 2016-2026, $ mn 108
Table 52. India Medical Simulation Market by Product & Service, 2016-2026, $ mn 110
Table 53. India Medical Simulation Market by Fidelity, 2016-2026, $ mn 110
Table 54. India Medical Simulation Market by End User, 2016-2026, $ mn 110
Table 55. Australia Medical Simulation Market by Product & Service, 2016-2026, $ mn 112
Table 56. Australia Medical Simulation Market by Fidelity, 2016-2026, $ mn 112
Table 57. Australia Medical Simulation Market by End User, 2016-2026, $ mn 112
Table 58. South Korea Medical Simulation Market by Product & Service, 2016-2026, $ mn 114
Table 59. South Korea Medical Simulation Market by Fidelity, 2016-2026, $ mn 114
Table 60. South Korea Medical Simulation Market by End User, 2016-2026, $ mn 114
Table 61. Medical Simulation Market in Rest of APAC by Country, 2016-2026, $ mn 116
Table 62. South America Medical Simulation Market by Country, 2016-2026, $ mn 119
Table 63. Argentina Medical Simulation Market by Product & Service, 2016-2026, $ mn 121
Table 64. Argentina Medical Simulation Market by Fidelity, 2016-2026, $ mn 121
Table 65. Argentina Medical Simulation Market by End User, 2016-2026, $ mn 121
Table 66. Brazil Medical Simulation Market by Product & Service, 2016-2026, $ mn 123
Table 67. Brazil Medical Simulation Market by Fidelity, 2016-2026, $ mn 123
Table 68. Brazil Medical Simulation Market by End User, 2016-2026, $ mn 123
Table 69. Columbia Medical Simulation Market by Product & Service, 2016-2026, $ mn 125
Table 70. Columbia Medical Simulation Market by Fidelity, 2016-2026, $ mn 125
Table 71. Columbia Medical Simulation Market by End User, 2016-2026, $ mn 125
Table 72. MEA Medical Simulation Market by Country, 2016-2026, $ mn 129
Table 73. UAE Medical Simulation Market by Product & Service, 2016-2026, $ mn 131
Table 74. UAE Medical Simulation Market by Fidelity, 2016-2026, $ mn 131
Table 75. UAE Medical Simulation Market by End User, 2016-2026, $ mn 131
Table 76. Saudi Arabia Medical Simulation Market by Product & Service, 2016-2026, $ mn 133
Table 77. Saudi Arabia Medical Simulation Market by Fidelity, 2016-2026, $ mn 133
Table 78. Saudi Arabia Medical Simulation Market by End User, 2016-2026, $ mn 133
Table 79. South Africa Medical Simulation Market by Product & Service, 2016-2026, $ mn 135
Table 80. South Africa Medical Simulation Market by Fidelity, 2016-2026, $ mn 135
Table 81. South Africa Medical Simulation Market by End User, 2016-2026, $ mn 135
Table 82. 3D Systems Corporation: Company Snapshot 141
Table 83. 3D Systems Corporation: Business Segmentation 141
Table 84. 3D Systems Corporation: Product Portfolio 142
Table 85. 3D Systems Corporation: Revenue, 2016-2018, $ mn 142
Table 86. 3D Systems Corporation: Recent Developments 142
Table 87. Risk Evaluation for Investing in Global Market, 2019-2026 155
Table 88. Critical Success Factors and Key Takeaways 158

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Global Medical Simulation Market 2020 2026

Global Medical Simulation Market 2020 2026