Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Medical simulation or healthcare simulation is the modern way of training of healthcare professionals by means of technological education system. The medical simulation is generic term which means artificial representation of real processes for achieving educational targets by use of experimental learning process. It is derived from aviation industries, which adopted simulation-based learning and practise since first world war to the trainee pilots. It opens the safe learning experience to the trainee of activities which would make harm during training sessions. The medical simulation shifts the focus of conventional learning towards the digital and realistic learnings.
The United States medical simulation market is witnessing lucrative growth during forecast period of 2021 to 2027. Owing to adoption of technology in education the United States medical simulation market is gaining popularity. The major factors like growing demand for minimally invasive treatments is boosting growth of United States medical simulation market. Limited access of patients during training is also refuelling growth of United Stated medical simulation market. The growing advancement in medical education is also propelling growth of United States medical simulation market. The increase demand for virtual training due to COVID-19 pandemic is also contributing in the growth of United States medical simulation market. However, limited fund availability along with incomplete mimicking of medical simulator is restraining the growth of United States medical simulation market.
The exclusive COVID-19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the medical simulation market. In addition, complete analysis of changes on medical simulation expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on United States economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The rising prevalence of COVID-19 in many countries is the key factor propelling growth of medical simulation market. Also, the necessity to maintain social distancing as preventive measure against the COVID-19 is refuelling growth of healthcare IT industries. Likewise, need for digitalization in healthcare field is boosting the growth of healthcare IT solutions. The COVID-19 pandemic situation has increased the surge to use internet as many people are working from home, which is impacting positively on the medical simulation market.
The United States medical simulation market is categorised by products and services and end user.
Based on products and service, the United States medical simulation market is segmented into patient simulator, task trainer, surgical simulator, dental simulator, eye simulator, ultrasound simulator and simulation software. The surgical simulator is sub-categorised into laparoscopic, gynaecology, cardiovascular, orthopaedic and spine. In which dental simulator is also contributing in the growth of United States medical simulation market. Dental simulator is a modern learning system of dentistry. The dental simulator helps students in preparation before start of patient taking. It gives real procedural experience to the dental students for better learning experience. These factors are attributed to the healthy growth of United States medical simulation market.
Based on end user, the United States medical simulation market is categorised into academic institute, research centre, hospitals & clinics, military organization. In which academic institutes are accounted for the highest market share in 2020. Owing to shifting focus from conventional learning the United States medical simulation market. Rising adoption of advanced educational systems is also refuelling growth of United States medical simulation market. Growing need for cost effective training for medical physicians is also propelling growth of United States Medical simulation market.
The key players in the market are Cae Inc., 3D Systems, Laerdal Medical, Gaumard Scientific Company, Kyoto Kagaku, Limbs & Things, Mentice Ab, Simulab Corporation, Intelligent Ultrasound Group Plc, Operative Experience Inc., Surgical Science Sweden Ab., Cardionics Inc., Virtamed Ag, Synbone Ag, Vrmagic Holding Ag., Ossimtech, Hrv Simulation, Synaptive Medical and Inovus Medical among others.
April 2020: CAE collaborated with Area9 Lyceum (US) to provide an online Ventilator Reskilling Course to the clinician's midst of the Covid-19 pandemic.
April 2020: 3D Systems launched Lung Ultrasound Training services to combat the current COVID-19 pandemic.
March 2020: CAE launched the Vimedix 3.0, a high-fidelity simulator that facilitates the learning process for cardiac, lung, Obs/Gyn, and stomach all in one through a common platform.
March 2020: 3D Systems collaborated with Ben Gurion University (Israel), and Beer- Sheva (Israel). The collaboration aimed to develop training modules that enable clinicians to acquire rapid and accurate lung diagnostic skills using an ultrasound machine and improve Covid-19 Triage.
The study comprises medical simulation market by product and services, end users and geography. The study also imparts dominating segments of the market. The product and services is dominated by the surgical simulation segment. Likewise, end user segment is dominated by surgical simulations. The study also analysed the impact of COVID-19 impact on medical simulation market. The rising prevalence of COVID-19 in many countries is the key factor propelling growth of medical simulation market. Also, the necessity to maintain social distancing as preventive measure against the COVID-19 is refuelling growth of healthcare IT industries. Likewise, need for digitalization in healthcare field is boosting the growth of healthcare IT solutions. The COVID-19 pandemic situation has increased the surge to use internet as many people are working from home, which is impacting positively on the medical simulation market. The study also analysed the various key players operating in the market.
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