The global healthcare/medical simulation market size is
estimated to reach USD 5.25 billion by 2026, according to a new report by Grand
View Research, Inc., rising at a CAGR of 16.3% during the forecast period.
Rapid technological advancements, spiraling demand for minimally invasive
treatment procedures, and increasing focus on patient safety are providing a
fillip to the market.
Patient safety is one of the rising
concerns in the healthcare industry due to increasing death rate from medical
errors. For instance, as per a study published in 2016 by patient safety
researchers in the British Medical Journal, medical errors in hospitals and
other healthcare facilities are reported to be the 3rd leading cause of deaths
in the U.S. Simulation provides opportunity to sharpen skills and develop
expertise for safe and reliable system performance. High risk situations in
military and aviation operations require specialized and polished skills for
handling emergency situations. Thus, simulated settings help practitioners
learn from mistakes by avoiding harm caused to patients. Therefore, growing
focus on patient safety is expected to drive the healthcare simulation market.
Moreover, simulation-based medical
learning and training can be valuable in clinical practice. These processes and
systems can offer safe and controlled circumstances in which a problem-based
learning is encouraged. Such factors are anticipated to bolster the growth of
the market.
Browse full research report on Healthcare/Medical Simulation Market: https://www.grandviewresearch.com/industry-analysis/medical-healthcare-simulation-market
Further key findings from the report suggest:
- On the basis of products and services, healthcare anatomical
models are projected to dominate the healthcare simulation market
throughout the forecast horizon. The segment is mainly driven by its wide
range of applications in the research & manufacturing industry for
conducting trials and in the medical device industry for finalizing
designs, processes, or systems.
- The hospitals segment is anticipated to witness the fastest
growth during the same period. Medical/healthcare simulation plays an
important role in preventing the overall risk of medical error recalls in
dental clinics and hospitals.
- North America dominated the market in 2017, with a share of
more than 40.0%, owing to rise in medical training institutes and number
of hospitals, which are focusing on standardizing their teaching practices
and taking efforts to reduce risk to patient safety
- Some of the key companies present in the healthcare
simulation market are Canadian Aviation Electronics, Ltd.; Laerdal Medical
AS; GMentice AB; Simulab Corporation; Simulaids, Inc.; and Surgical
Science Sweden AB.
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/medical-healthcare-simulation-market/request/rs1
Grand View Research has segmented the global medical simulation
market report on the basis of products & services, end-use, and region:
Healthcare/Medical Simulation Products & Services Outlook
(Revenue, USD Million, 2014 - 2026)
- Healthcare
Anatomical Models
- Patient
Simulators
- Task
Trainers
- Interventional/Surgical
Simulators
- Endovascular
Simulators
- Ultrasound
Simulators
- Dental
Simulators
- Eye
Simulators
- Web
Based Simulators
- Healthcare
Simulation Software
- Simulation
Training Services
Healthcare/Medical Simulation End-use Outlook (Revenue, USD Million,
2014 - 2026)
- Academic
Institutes
- Hospitals
- Military
Organizations
- Research
Healthcare/Medical Simulation Regional Outlook (Revenue, USD
Million, 2014 - 2026)
- North
America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia
Pacific
- Japan
- China
- Latin
America
- Brazil
- Mexico
- MEA
- South
Africa
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
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