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Medical Simulators Market By Product & Service Type (Anatomical Models, Web-based Simulation, Medical Simulators Software, Simulation Training Services), By End-User Type (Academic And Research Institutions, Hospitals, Military Organizations) – Growth, Future Prospects & Competitive Analysis, 2018 – 2026

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Published: | Report ID: 9209 | Report Format : PDF

Industry Outlook

The global medical simulators market was worth US$ 1,348.5 million in 2017 and is expected to expand at a compound annual growth rate (CAGR) of 14.6% from 2018 to 2026. Medical simulation is the process of recreating real-life conditions so that the trainer can control the learning environment and optimize conditions for the given experiment. There is a growing demand for the use of simulation-based medical education due to rising ethical tensions and stringent regulations associated with the use of patients and real bodies for training and education tools. Technological advancements in medical simulators have made the use of simulators in different levels of experiments in multidisciplinary areas possible.

Moreover, the growing inclination toward minimally invasive surgeries is further assisting the growth of the medical simulator market. Performing minimally invasive surgeries requires proper training and psychomotor skills, which can be attained through various training models using medical simulators. The advent of augmented reality in medical training and education has resulted in heightened patient care and outcomes. Mannequin-based simulation has been widely used for practicing CPR and airway management; however, technological advancements have made various healthcare procedures possible. The high cost of the devices and lack of awareness regarding these products are the major restraining factors for the growth of the market, especially in underdeveloped countries due to a paucity of resources.

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Market Synopsis

Anatomical Models to Drive Medical Simulators Market Growth

In 2017, anatomical models held the largest share of the global medical simulator market, owing to their growing application in interdisciplinary medical areas. The segment is set to maintain its pole position throughout the forecast period owing to its growing application in academics, hospitals, and other end-use areas. Manikin-based simulation is the largest sub-segment in anatomical models. Manikin-based simulations have the ability to mimic human functions such as real-time vital statistics, spontaneous breathing, obstructions in respiratory tracts, pupil responses, and others. Moreover, the availability of complex models responding to drugs, heat, and environmental factors and stimuli will further drive the market during the forecast period.

Periods of History and Forecast

This research report presents the analysis of each segment from 2016 to 2026, considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments was calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The Medical Simulators Market Report furnishes quantitative analysis along with the latest market trends. The market is segmented based on product and service types, end-user types, and geography.

The market is studied in order to understand the current dynamics and future trends in the global medical simulator market. The study includes market size and forecasts for all considered segments presented in the report for the period from 2016 to 2026, along with respective compound annual growth rates (CAGRs) for the forecast period from 2018 to 2026, considering 2017 as the base year. The key players currently engaged in the medical simulator market include Canadian Aviation Electronics, Ltd.; Kyoto Kagaku Co., Ltd.; Laerdal Medical AS; Mentice AB; Simulab Corporation; Simulaids, Inc.; and Gaumard Scientific Company, Inc., among others.

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Key questions are answered in this report.

  • What will the global market for medical simulators look like between 2018 and 2026?
  • What are the latest trends in the medical simulator market and the most valuable opportunities for key players?
  • Who are the leading players in the global market for medical simulators?
  • Which is the leading and fastest-growing region in the global medical simulator market?
  • What are the drivers and restraints governing the global market for medical simulators?
  • What are the technological advancements in the global market for medical simulators?

Chapter 1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global MS Market Portraiture
2.2. Global MS Market, by Product and Service Type, 2017 (US$ Mn)
2.3. Global MS Market, by End-User Type, 2017 (US$ Mn)
2.4. Global MS Market, by Geography, 2017 (US$ Mn)

Chapter 3. Medical Simulators (MS) Market Dynamics and Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global MS Market, by Key Players, 2017

Chapter 4. Global Medical Simulators (MS) Market, by Product & Service Type, 2016-2026 (US$ Mn)
4.1. Overview
4.2. Anatomical Models
4.2.1. Patient Simulators
4.2.2. Interventional Surgical Simulators
4.2.3. Endovascular Simulators
4.2.4. Ultrasound Simulators
4.2.5. Dental Simulators
4.2.6. Eye Simulators
4.3. Web-based Simulation
4.4. Medical Simulators Software
4.5. Simulation Training Services

Chapter 5. Global Medical Simulators (MS) Market, by End-User Type, 2016 – 2026 (US$ Mn)
5.1. Overview
5.2. Academic and Research Institutions
5.3. Hospitals
5.4. Military Organizations

Chapter 6. Global Medical Simulators (MS) Market, by Geography, 2016 – 2026 (US$ Mn)
6.1. North America MS Market Analysis, 2016 – 2026
6.1.1. North America MS Market, by Product & Service Type, 2016 – 2026 (US$ Mn)
6.1.2. North America MS Market, by End-User Type, 2016 – 2026 (US$ Mn)
6.1.3. North America MS Market, by Country, 2016 – 2026 (US$ Mn)
6.1.3.1. U.S.
6.1.3.2. Canada
6.2. Europe MS Market Analysis, 2016 – 2026
6.2.1. Europe MS Market, by Product & Service Type, 2016 – 2026 (US$ Mn)
6.2.2. Europe MS Market, by End-User Type, 2016 – 2026 (US$ Mn)
6.2.3. Europe MS Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.2.3.1. U.K.
6.2.3.2. Germany
6.2.3.3. Rest of Europe
6.3. Asia Pacific MS Market Analysis, 2016 – 2026
6.3.1. Asia Pacific MS Market, by Product & Service Type, 2016 – 2026 (US$ Mn)
6.3.2. Asia Pacific MS Market, by End-User Type, 2016 – 2026 (US$ Mn)
6.3.3. Asia Pacific MS Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.3.3.1. China
6.3.3.2. Japan
6.3.3.3. Rest of Asia Pacific
6.4. Latin America MS Market Analysis, 2016 – 2026
6.4.1. Latin America MS Market, by Product & Service Type, 2016 – 2026 (US$ Mn)
6.4.2. Latin America MS Market, by End-User Type, 2016 – 2026 (US$ Mn)
6.4.3. Latin America MS Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.4.3.1. Brazil
6.4.3.2. Mexico
6.4.3.3. Rest of Latin America
6.5. Middle East & Africa MS Market, 2016 – 2026
6.5.1. Middle East & Africa MS Market, by Product & Service Type, 2016 – 2026 (US$ Mn)
6.5.2. Middle East & Africa MS Market, by End-User Type, 2016 – 2026 (US$ Mn)
6.5.3. Middle East & Africa MS Market, by Region, 2016 – 2026 (US$ Mn)
6.5.3.1. GCC
6.5.3.2. Rest of Middle East & Africa

Chapter 7. Company Profiles
7.1. Canadian Aviation Electronics, Ltd.
7.1.1. Business Description
7.1.2. Financial Information (Subject to Data Availability)
7.1.3. Product Portfolio
7.1.4. News Coverage
7.2. Laerdal Medical AS
7.3. 3D Systems, Inc.
7.4. Gaumard Scientific Company, Inc.
7.5. Limbs & Things, Ltd.
7.6. Kyoto Kagaku Co, Ltd.
7.7. Mentice AB
7.8. Simulab Corporation
7.9. Simulaids, Inc.
7.10. Surgical Science Sweden AB
7.11. MedaPhor Group PLC

List of Figures

FIG 1. Medical Simulators (MS) Market: Research Methodology
FIG 2. MS Market Segmentation
FIG 3. Global MS Market, by Product and Service Type, 2017 (US$ Mn)
FIG 4. Global MS Market, by End-User Type, 2017 (US$ Mn)
FIG 5. Global MS Market, by Geography, 2017 (US$ Mn)
FIG 6. Attractive Investment Proposition, by Geography, 2017
FIG 7. Competitive Analysis: Global MS Market, by Key Players, 2017
FIG 8. Global Patient Simulators Market, 2016-2026 (US$ Mn)
FIG 9. Global Interventional Surgical Simulators Market, 2016-2026(US$ Mn)
FIG 10. Global Endovascular Simulators Market, 2016-2026(US$ Mn)
FIG 11. Global Ultrasound Simulators Market, 2016-2026(US$ Mn)
FIG 12. Global Dental Simulators Market, 2016-2026(US$ Mn)
FIG 13. Global Eye Simulators Market, 2016-2026(US$ Mn)
FIG 14. Global Web-based Simulation Market, 2016-2026(US$ Mn)
FIG 15. Global Medical Simulators Software Market, 2016-2026(US$ Mn)
FIG 16. Global Simulation Training Services Market, 2016-2026(US$ Mn)
FIG 17. Global Academic and Research Institutions End-Users in MS Market, 2016-2026(US$ Mn)
FIG 18. Global Hospitals End-Users in MS Market, 2016-2026(US$ Mn)
FIG 19. Global Military Organizations End-Users in MS Market, 2016-2026(US$ Mn)
FIG 20. U.S. MS Market, 2016-2026 (US$ Mn)
FIG 21. Canada MS Market, 2016-2026 (US$ Mn)
FIG 22. U.K. MS Market, 2016-2026 (US$ Mn)
FIG 23. Germany MS Market, 2016-2026 (US$ Mn)
FIG 24. Rest of Europe MS Market, 2016-2026 (US$ Mn)
FIG 25. China MS Market, 2016-2026 (US$ Mn)
FIG 26. Japan MS Market, 2016-2026 (US$ Mn)
FIG 27. Rest of Asia Pacific MS Market, 2016-2026 (US$ Mn)
FIG 28. Brazil MS Market, 2016-2026 (US$ Mn)
FIG 29. Mexico MS Market, 2016-2026 (US$ Mn)
FIG 30. Rest of Latin America MS Market, 2016-2026 (US$ Mn)
FIG 31. GCC MS Market, 2016-2026 (US$ Mn)
FIG 32. Rest of Middle East & Africa MS Market, 2016-2026 (US$ Mn)

List of Tables

TABLE 1 Global Medical Simulators (MS) Market Portraiture
TABLE 2 Global MS Market, by Product & Service Type, 2016 – 2026 (US$ Mn)
TABLE 3 Global Anatomical Models in MS Market, 2016 – 2026 (US$ Mn)
TABLE 4 Global MS Market, by End-User Type, 2016 – 2026 (US$ Mn)
TABLE 5 Global MS Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 6 North America MS Market, by Product & Service Type, 2016 – 2026 (US$ Mn)
TABLE 7 North America MS Market, by End-User Type, 2016 – 2026 (US$ Mn)
TABLE 8 North America Medical Simulators Vaccines Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 9 Europe MS Market, by Product & Service Type, 2016 – 2026 (US$ Mn)
TABLE 10 Europe MS Market, by End-User Type, 2016 – 2026 (US$ Mn)
TABLE 11 Europe MS Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 12 Asia Pacific MS Market, by Product & Service Type, 2016 – 2026 (US$ Mn)
TABLE 13 Asia Pacific MS Market, by End-User Type, 2016 – 2026 (US$ Mn)
TABLE 14 Asia Pacific MS Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 15 Latin America MS Market, by Product & Service Type, 2016 – 2026 (US$ Mn)
TABLE 16 Latin America MS Market, by End-User Type, 2016 – 2026 (US$ Mn)
TABLE 17 Latin America MS Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 18 Middle East & Africa MS Market, by Product & Service Type, 2016 – 2026 (US$ Mn)
TABLE 19 Middle East & Africa MS Market, by End-User Type, 2016 – 2026 (US$ Mn)
TABLE 20 Middle East & Africa MS Market, by Region, 2016 – 2026 (US$ Mn)
TABLE 21 Canadian Aviation Electronics, Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 Laerdal Medical AS.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 3D Systems, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 Gaumard Scientific Company, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 25 Limbs & Things, Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 26 Kyoto Kagaku Co, Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 27 Mentice AB: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 28 Simulab Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 29 Simulaids, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 30 Surgical Science Sweden AB: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 31 MedaPhor Group PLC: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)

Frequently Asked Questions

What is the size of Medical Simulators Market?

The market for Medical Simulators Market is expected to reach US$ 1,348.5 Mn by 2026.

What is the Medical Simulators Market CAGR?

The Medical Simulators Market is expected to see significant CAGR growth over the coming years, at 14.6%.

What is the Forecast period considered for Medical Simulators Market?

The report is forecasted from 2018-2026.

What is the base year considered for Medical Simulators Market?

The base year of this report is 2017.

Who are the major players in this market?

Canadian Aviation Electronics, Ltd.; Kyoto Kagaku Co., Ltd.; Laerdal Medical AS; Mentice AB; Simulab Corporation; Simulaids, Inc.; and Gaumard Scientific Company, Inc are some of the major players in the global market.

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