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Pune, April 08, 2022 (GLOBE NEWSWIRE) — Medical simulation is now widely used in education and training in a variety of high risk professions and disciplines, including the military, commercial airlines, nuclear power plants, business and medicine. Simulation based medical education can be defined as any educational activity that utilizes simulative aides to replicate clinical scenarios. A device that facilitates the learner to replicate and perform under experimental conditions that are likely to occur while interacting with the actual patient is called as simulator. Medical simulation plays an important role to reduce risks to patients and learners, helps to improve capability and self-confidence of learners and, reduces medical costs in the future.
Medical Simulation Market by Regions
The global medical simulation market can be segmented into North America, Europe, Asia Pacific and, Rest of World (ROW). North America dominated the market of medical simulators followed by Europe and Asia Pacific. Dominant share of North America in the medical simulation market During forecast period attributed to factors such as ease of accessibility to technologies, well established distribution channels, and rising number of healthcare professionals. However, Asia Pacific is to witness the highest CAGR in this market. Factors such as the shortage of healthcare personnel, technological technological advancements, and growing awareness for simulation education are likely to attract healthcare service providers from different parts of the world.
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- COMPANY PROFILES (Business Overview, Products & Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
- CAE Inc.
- 3D Systems Inc.
- Laerdal Medical AS
- Guamard Scientific
- Mentice AB
- Limbs & Things Ltd.
- Simulaids Inc.
- Simulab Corporation
- Kyoto Kagaku Co. Ltd.
- Surgical Science Sweden AB
Vendor Assessment
Vendor assessment includes a deep analysis of how vendors are addressing the demand in the Medical Simulation Market. The MDC CompetetiveScape model was used to assess qualitative and quantitative insights in this assessment. MDC’s CompetitiveScape is a structured method for identifying key players and outlining their strengths, relevant characteristics, and outreach strategy. MDC’s CompetitiveScape allows organizations to analyze the environmental factors that influence their business, …
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