The North America medical simulation market is estimated to project a CAGR of 11.59% during the forecast period. The operational benefits with regards to the U.S market and the large presence of big industry players are the factors benefiting market growth. The North America medical simulation market is evaluated based on the markets across the regions, such as the United States and Canada. The U.S market has first-mover advantages and the presence of headquarters of leading market players. As a result, any newest development with regards to products and services of medical simulation is liable to assessed in the U.S first. The overwhelming presence of simulation centres, corresponding training programs, and the active government initiatives to promote medical simulation, are the factors driving the Canadian medical simulation market.

NORTH AMERICA MEDICAL SIMULATION MARKET FORECAST 2019-2027

North America Medical Simulation Market by Products & Service (Model-based Simulation) by Fidelity (Low-fidelity, Medium-fidelity, High-fidelity) by End-user (Academic Institutions & Research Centers, Hospitals & Clinics, Military Organizations) by Geography.

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Report Summary

The North America medical simulation market is estimated to project a CAGR of 11.59% during the forecast period. The operational benefits with regards to the U.S market, and the large presence of big industry players, are the factors benefiting market growth.

The North America medical simulation market is evaluated based on the markets across the regions, such as the United States and Canada. The U.S market has first-mover advantages and the presence of headquarters of leading market players. As a result, any newest development with regards to products and services of medical simulation is liable to assessed in the U.S first. The overwhelming presence of simulation centres, corresponding training programs, and the active government initiatives to promote medical simulation, are the factors driving the Canadian medical simulation market. The Canada region is conducive for medical simulation market owing to an active ecosystem.

The stimulating market growth opportunities and the presence of market players are expected to propel the market growth. Canadian Aviation Electronics (CAE) Healthcare is a manufacturer of specialized educational tools that aid healthcare professionals’ inpatient care. The company’s simulation-based portfolio includes patient, ultrasound, and surgical simulators with centre management systems, turn-key solutions, and virtual and augmented reality. It also offers training to hospital systems, emergency response teams, military branches, nursing, etc. The products are developed in collaboration with clinical educators and clinicians. The company has the advantages of high-quality research and development initiatives. The rising tariffs by the U.S pose a threat to the company’s growth.

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    Table of Contents

    1. RESEARCH SCOPE
      • STUDY GOALS
      • SCOPE OF THE MARKET STUDY
      • WHO WILL FIND THIS REPORT USEFUL?
      • STUDY AND FORECASTING YEARS
    2. RESEARCH METHODOLOGY
      • SOURCES OF DATA
        • SECONDARY DATA
        • PRIMARY DATA
      • TOP-DOWN APPROACH
      • BOTTOM-UP APPROACH
      • DATA TRIANGULATION
    3. EXECUTIVE SUMMARY
      • MARKET SUMMARY
      • KEY FINDINGS
        • WEB-BASED SIMULATION IS THE FASTEST GROWING PRODUCT & SERVICE
        • LOW-FIDELITY CONSTITUTES THE HIGHEST MARKET SHARE IN TERMS OF FIDELITY
        • HOSPITALS AND CLINICS ARE THE WIDELY USED MEDICAL SIMULATOR END USER
    1. MARKET DETERMINANTS
      • MARKET SCOPE & DEFINITION
      • MARKET DRIVERS
        • RAPIDLY RISING PATIENT SAFETY CONCERN
        • INCREASING BENEFITS OF USING SIMULATORS BY MEDICAL PROFESSIONALS
        • DEMAND OF MEDICAL SIMULATION IN MINIMALLY INVASIVE SURGERY (MIS)
      • MARKET RESTRAINTS
        • HIGH COST OF MEDICAL SIMULATORS
        • LACK OF SKILLED PROFESSIONALS
      • MARKET OPPORTUNITIES
        • TECHNOLOGICAL ADVANCEMENTS
      • MARKET CHALLENGES
        • CHALLENGES IN THE INTEGRATION OF MEDICAL SIMULATION
        • LACK OF REALITY IN SIMULATIONS SETUPS
    1. MARKET BY PRODUCTS & SERVICE
      • MODEL-BASED SIMULATION
      • WEB-BASED SIMULATION
      • SIMULATION TRAINING SERVICES
    2. MARKET BY FIDELITY
      • LOW-FIDELITY
      • MEDIUM-FIDELITY
      • HIGH-FIDELITY
    3. MARKET BY END-USER
      • ACADEMIC INSTITUTIONS & RESEARCH CENTERS
      • HOSPITALS & CLINICS
      • MILITARY ORGANIZATIONS
    4. KEY ANALYTICS
      • PORTER’S FIVE FORCES MODEL
        • THREAT OF NEW ENTRANTS
        • THREAT OF SUBSTITUTE
        • BARGAINING POWER OF BUYERS
        • BARGAINING POWER OF SUPPLIERS
        • THREAT OF COMPETITIVE RIVALRY
      • MEDICAL SIMULATION MARKET TRENDS
      • REGULATORY FRAMEWORK
      • OPPORTUNITY MATRIX
    5. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • THE UNITED STATES
        • CANADA
    1. COMPETITIVE LANDSCAPE
      • MARKET SHARE ANALYSIS
      • COMPANY PROFILES
        • 3D SYSTEMS CORPORATION
        • CANADIAN AVIATION ELECTRONICS (CAE)
        • GAUMARD SCIENTIFIC COMPANY
        • KYOTO KAGAKU CO. LTD
        • KINDHEART INC.
        • LAERDAL MEDICAL AS
        • LIMBS & THINGS LTD.
        • MENTICE AB
        • NASCO
        • SIMULAB CORPORATION
        • SIMULAIDS INC.
        • SURGICAL SCIENCE SWEDEN AB

    LIST OF TABLES

    TABLE 1: NORTH AMERICA MEDICAL SIMULATION MARKET, 2019-2027 ($ MILLION)

    TABLE 2: COST OF SIMULATION EQUIPMENT

    TABLE 3: NORTH AMERICA MEDICAL SIMULATION MARKET, BY PRODUCTS & SERVICE, 2019-2027 ($ MILLION)

    TABLE 4: NORTH AMERICA MODEL-BASED SIMULATION MARKET, 2019-2027 ($ MILLION)

    TABLE 5: NORTH AMERICA WEB-BASED SIMULATION MARKET, 2019-2027 ($ MILLION)

    TABLE 6: NORTH AMERICA SIMULATION TRAINING SERVICES MARKET, 2019-2027 ($ MILLION)

    TABLE 7: NORTH AMERICA MEDICAL SIMULATION MARKET, BY FIDELITY, 2019-2027 ($ MILLION)

    TABLE 8: NORTH AMERICA LOW-FIDELITY MARKET, 2019-2027 ($ MILLION)

    TABLE 9: NORTH AMERICA MEDIUM-FIDELITY MARKET, 2019-2027 ($ MILLION)

    TABLE 10: NORTH AMERICA HIGH-FIDELITY MARKET, 2019-2027 ($ MILLION)

    TABLE 11: NORTH AMERICA MEDICAL SIMULATION MARKET, BY END-USER, 2019-2027 ($ MILLION)

    TABLE 12: NORTH AMERICA ACADEMIC INSTITUTIONS & RESEARCH CENTERS MARKET, 2019-2027 ($ MILLION)

    TABLE 13: NORTH AMERICA HOSPITALS & CLINICS MARKET, 2019-2027 ($ MILLION)

    TABLE 14: NORTH AMERICA MILITARY ORGANIZATIONS MARKET, 2019-2027 ($ MILLION)

    TABLE 15: NORTH AMERICA MEDICAL SIMULATION MARKET, BY COUNTRY, 2019-2027 ($ MILLION)

    TABLE 16: THE UNITED STATES MEDICAL SIMULATION MARKET, BY PRODUCT & SERVICE, 2019-2027 ($ MILLION)

    TABLE 17: THE UNITED STATES MEDICAL SIMULATION MARKET, BY FIDELITY, 2019-2027 ($ MILLION)

    TABLE 18: THE UNITED STATES MEDICAL SIMULATION MARKET, BY END-USER, 2019-2027 ($ MILLION)

    TABLE 19: CANADA MEDICAL SIMULATION MARKET, BY PRODUCT & SERVICE, 2019-2027 ($ MILLION)

    TABLE 20: CANADA MEDICAL SIMULATION MARKET, BY FIDELITY, 2019-2027 ($ MILLION)

    TABLE 21: CANADA MEDICAL SIMULATION MARKET, BY END-USER, 2019-2027 ($ MILLION)

    LIST OF FIGURES

    FIGURE 1: NORTH AMERICA MEDICAL SIMULATION MARKET, 2019-2027 ($ MILLION)

    FIGURE 2: NORTH AMERICA MEDICAL SIMULATION MARKET, SHARE BY PRODUCTS & SERVICE, 2018 & 2027 (%)

    FIGURE 3: NORTH AMERICA MEDICAL SIMULATION MARKET, BY MODEL-BASED SIMULATION, 2019-2027 ($ MILLION)

    FIGURE 4: NORTH AMERICA MEDICAL SIMULATION MARKET, BY WEB-BASED SIMULATION, 2019-2027 ($ MILLION)

    FIGURE 5: NORTH AMERICA MEDICAL SIMULATION MARKET, BY SIMULATION TRAINING SERVICES, 2019-2027 ($ MILLION)

    FIGURE 6: NORTH AMERICA MEDICAL SIMULATION MARKET, SHARE BY FIDELITY, 2018 & 2027 (%)

    FIGURE 7: NORTH AMERICA MEDICAL SIMULATION MARKET, BY LOW-FIDELITY, 2019-2027 ($ MILLION)

    FIGURE 8: NORTH AMERICA MEDICAL SIMULATION MARKET, BY MEDIUM-FIDELITY, 2019-2027 ($ MILLION)

    FIGURE 9: NORTH AMERICA MEDICAL SIMULATION MARKET, BY HIGH-FIDELITY, 2019-2027 ($ MILLION)

    FIGURE 10: NORTH AMERICA MEDICAL SIMULATION MARKET, SHARE BY END-USER, 2018 & 2027 (%)

    FIGURE 11: NORTH AMERICA MEDICAL SIMULATION MARKET, BY ACADEMIC INSTITUTIONS & RESEARCH CENTERS, 2019-2027 ($ MILLION)

    FIGURE 12: NORTH AMERICA MEDICAL SIMULATION MARKET, BY HOSPITALS & CLINICS, 2019-2027 ($ MILLION)

    FIGURE 13: NORTH AMERICA MEDICAL SIMULATION MARKET, BY MILITARY ORGANIZATIONS, 2019-2027 ($ MILLION)

    FIGURE 14: PORTER’S FIVE FORCE MODEL

    FIGURE 15: NORTH AMERICA MEDICAL SIMULATION MARKET, REGIONAL OUTLOOK, 2018 & 2027 (%)

    FIGURE 16: THE UNITED STATES MEDICAL SIMULATION MARKET, 2019-2027 ($ MILLION)

    FIGURE 17: CANADA MEDICAL SIMULATION MARKET, 2019-2027 ($ MILLION)

    FIGURE 18: COMPANY MARKET SHARE OF MEDICAL SIMULATION 2018 (%)

    Segmentation

    1. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • THE UNITED STATES
        • CANADA
    1. MARKET BY PRODUCTS & SERVICE
      • MODEL-BASED SIMULATION
      • WEB-BASED SIMULATION
      • SIMULATION TRAINING SERVICES
    2. MARKET BY FIDELITY
      • LOW-FIDELITY
      • MEDIUM-FIDELITY
      • HIGH-FIDELITY
    3. MARKET BY END-USER
      • ACADEMIC INSTITUTIONS & RESEARCH CENTERS
      • HOSPITALS & CLINICS
      • MILITARY ORGANIZATIONS

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