Global Healthcare Simulation Market Forecast to 2017

DALLAS - Sept. 24, 2014 - PRLog -- The global healthcare simulation market is broadly segmented into products and services. The market was valued at $790.1 million in 2012 and is poised to grow at a CAGR of 19.6% in the forecast period to reach $1930.5 million by 2017.

North America is the largest market for healthcare/medical simulation, with the U.S. contributing a major share, followed by Europe, and Asia. The Asian market, especially India and China, is expected to witness a boost in demand for medical simulation products and services and is poised to register maximum growth over the next five years, as a result of its economic development.

Prominent players in this market are Laerdal Medical (Norway), CAE Healthcare (Canada), Simulaids (U.S.), Gaumard (U.S.), Kyoto Kagako (Japan), Limbs and Things (U.K.), Education Management Solutions (U.S.), and Mentice AB (Sweden).

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Fueled by the growing focus on patient safety and technological advancements, the healthcare/medical simulation industry has experienced significant growth over the past decade, except for the past 3 to 4 years, where the market witnessed slow growth due to the global recession. A pivotal factor in the growth of this market has been high fidelity mannequins/patient simulators, which have witnessed substantial growth in recent years owing primarily to recent technological advancements that have created highly realistic simulators competent of very high levels of fidelity. Increasing healthcare costs, rising demand for minimally invasive treatment, and increasing consolidation of manufacturers further propels the market. However, the high cost of simulators, economic slowdown in the developed region, and limited availability of funds inhibits the growth of the market, to a certain extent.

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Table of Contents

1 Introduction

2 Executive Summary

3  Market Overview

4  Global Medical Simulation Products & Services Market

5  Technology Landscape

6  Applications Market

7  Geographic Analysis

8  Competitive Landscape

9  Company Profiles  183 (Overview, Financials, Products & Services, Strategy, & Developments)*

List Of Figures

Figure 1  Healthcare/Medical Simulation Market, Segmental Analysis, 2012  26

Figure 2  Market Segmentation Of Healthcare/ Medical Simulation Market  31

Figure 3  Market Dynamics  33

Figure 4  Market Share Analysis: Global High Fidelity Mannequins/Patient Simulators, By Key Player, 2012  40

Figure 5  Global Mid/Low Fidelity Task Trainers Market Share Analysis, By Key Players, 2012  41

Figure 6  Global Performance Recording Market Share Analysis, By Key Players, 2012  42

Figure 7  Global Healthcare/Medical Simulation Market Revenue, By End-User, 2010 - 2017 ($Million)  83

Figure 8  Key Growth Strategies, 2010 – 2013  154

Figure 9  Key Players Focusing On New Product Launch, 2010 – 2013  156

Figure 10  Key Players Focusing On Agreements, Partnerships, Collaborations, Contracts And Joint Ventures, 2010 – 2013  157

Figure 11  Key Players Focusing On Mergers & Acquisitions, 2010 – 2013  158a

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