Global Medical Animation Market, By Type (3D Animation, 2D Animation, Real Time Imaging (4D Animation), Flash Animation), Therapeutic Area (Oncology, Cardiology, Cosmeceuticals/Plastic Surgery, Dental, Others), Application (Drug Mechanism of Action (MOA) and Approval, Patient Education, Surgical Training and Planning, Cellular and Molecular Studies, Others), End Users (Life Science Companies, Medical Device Manufacturers, Hospitals, Surgical Centers, and Clinics, Academic Institutes, Others)-Industry Trends and Forecast to 2029
Global Medical Animation Market Analysis and Size
Any medical technology would be incomplete without medical animation. The advancement of computer software and hardware, together with the efforts of many colleges, has created a link between science and art, resulting in the birth of a new generation of medical information, technology, and designers for scientific and medical illustration purposes. It can be used in the classroom for clinical instruction and student learning. Medical animation can be utilized in conjunction with traditional classroom learning and therapy.
- The 3D animation segment is expected to account for the largest share of the market due to the fact that 3D animation gives viewers a better feeling of perspective and allows for a clear understanding of the important elements in the forensic case accounts for the majority of this part. Data Bridge Market Research analyses that the medical animation market was valued at USD 363.76 million in 2021 and is further estimated to reach USD 1,543.38 million by 2029, and is expected to grow at a CAGR of 19.8% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Global Medical Animation Market Definition
As the name implies, medical animation is a short educational film that provides clear details about medical technology. Medical animation is typically created with the use of 3D computer graphics to give information for instructional purposes.
2022 to 2029
2020 (Customizable to 2019 - 2014)
Revenue in USD Million, Volumes in Units, Pricing in USD
Type (3D Animation, 2D Animation, Real Time Imaging (4D Animation), Flash Animation), Therapeutic Area (Oncology, Cardiology, Cosmeceuticals/Plastic Surgery, Dental, Others), Application (Drug Mechanism of Action (MOA) and Approval, Patient Education, Surgical Training and Planning, Cellular and Molecular Studies, Others), End Users (Life Science Companies, Medical Device Manufacturers, Hospitals, Surgical Centers, and Clinics, Academic Institutes, Others)
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Players Covered
INFUSE MEDIA GROUP, LLC. (US), Ghost Productions, Inc. (US), Scientific Animations Inc. (US), INVIVO (Canada), Random42 Scientific Communication. (UK), AXS Studio. (Canada), Visible Body., Animated Biomedical Productions (Australia), XVIVO (Sweden), Blausen Medical (US), Trinsic Animation (US), Understand.com, LLC. (US), Medmovie (US), Trinity Animation (US) and Vee Technologies (US).
Medical Animation Market Dynamics
Major factors that are expected to boost the growth of the medical animation market in the forecast period are as follows:
- Rise in the adoption of medical animation by life science
The medical animation market is predicted to grow as more healthcare professionals use medical animation in their marketing of pharmaceutical goods for a variety of purposes, including education and promotion.
- Increasing Pharmaceutical/Biopharmaceutical
Pharmaceutical and life sciences firms are increasingly adopting medical animation, as are start-ups and the pharmaceutical/biopharmaceutical and medical device industries.
- Increase in the technological developments
Other factors likely to promote the target market's growth include technological developments and innovation in the use of 3D animation technologies for visualization during new drug development.
In addition, the decline in health literacy, rise in the penetration of internet, smartphones and tablets and clinical trials and high government funding and untapped prospects in the emerging markets are further estimated to provide potential opportunities for the growth of the medical animation market in the coming years.
Restraints/Challenges Global Medical Animation Market
On the other hand, the increased cost of the medical animation services and dearth of certified medical animators is further projected to impede the growth of the medical animation market in the targeted period. However, the dearth of awareness in the underdeveloped and backward economies might further challenge the growth of the medical animation market in the near future.
This medical animation market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the medical animation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Medical Animation Market
The pandemic of COVID-19 has had a huge impact on the medical animation market. For the past few years, the medical animation business has been continuously rising due to emerging illnesses or the introduction of new disorders, such as COVID-19. Pharmaceutical companies pharmaceutical companies commonly use medical animation commonly use medical animation and healthcare practitioners to explain medical treatments or other research aims to individuals who have a high degree of comprehension.
- In November 2019, Radius Digital Science, a respected service provider to the healthcare industry, fuses art and technology to turn complex science into engaging and easy-to-understand creative experiences for healthcare clients, has been purchased by W20.
Global Medical Animation Market Scope and Market Size
The medical animation market is segmented on the basis of type, therapeutic area, application and end users. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- 3D Animation
- 2D Animation
- Real Time Imaging (4D Animation)
- Flash Animation
On the basis of type, the medical animation market is segmented into 3D animation, 2D animation, real time imaging (4D animation) and flash animation.
- Cosmeceuticals/Plastic Surgery
- Drug Mechanism of Action (MOA) and Approval
- Patient Education
- Surgical Training and Planning
- Cellular and Molecular Studies
On the basis of application, the medical animation market is segmented into drug mechanism of action (MOA) and approval, patient education, surgical training and planning, cellular and molecular studies and others.
- Life Science Companies
- Medical Device Manufacturers
- Surgical Centers and Clinics
- Academic Institutes
On the basis of end user, the medical animation market is segmented into life science companies, medical device manufacturers, hospitals, surgical centers, and clinics, academic institutes and others.
Medical Animation Market Regional Analysis/Insights
The medical animation market is analysed and market size insights and trends are provided by country, type, therapeutic area, application and end users as referenced above.
The countries covered in the medical animation market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the medical animation market due to the rise in research and development proficiencies expenses. Furthermore, the occurrence of major pharmaceutical companies will further boost the growth of the medical animation market in the region during the forecast period.
Asia-Pacific is projected to observe significant amount of growth in the medical animation market due to the rise in the government expenses on healthcare sector. Moreover, the growing preference towards adoption of medical animation for patient education is further anticipated to propel the growth of the medical animation market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The medical animation market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for medical animation market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical animation market. The data is available for historic period 2010-2020.
Competitive Landscape and Medical Animation Market Share Analysis
The medical animation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to medical animation market.
Some of the major players operating in the medical animation market are INFUSE MEDIA GROUP, LLC. (US), Ghost Productions, Inc. (US), Scientific Animations Inc. (US), INVIVO (Canada), Random42 Scientific Communication. (UK), AXS Studio. (Canada), Visible Body., Animated Biomedical Productions (Australia), XVIVO (Sweden), Blausen Medical (US), Trinsic Animation (US), Understand.com, LLC. (US), Medmovie (US), Trinity Animation (US) and Vee Technologies (US) among others.
Research Methodology : Global Medical Animation Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-medical-animation-market
Customization Available : Global Medical Animation Market
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