Cloud Banner

Medical Devices

Image

Global Patient Simulators Market – Industry Trends and Forecast to 2029

  • Medical Devices
  • Upcoming Report
  • Sep 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Patient Simulators Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR - 10.4% Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 1.69 Billion
Diagram Market Size (Forecast Year) USD 3.73 Billion
Diagram CAGR 10.4%

Global Patient Simulators Market, By Product (Adult Patient Simulator, Infant Simulator, Childbirth Simulator), End User (Hospitals, Military Organizations, Academic Institutes, Others) – Industry Trends and Forecast to 2029.

Patient Simulators Market

Patient Simulators Market Analysis and Size

The market for patient simulators is anticipated to grow during the forecast period. Due to the high cost of medical devices and the in-effectiveness of creating treatments for chronic diseases, there is a rising demand for patient simulation training and education among healthcare workers.

Data Bridge Market Research analyses that the patient simulators market which was USD 1.69 billion in 2021, would rocket up to USD 3.73 billion by 2029, and is expected to undergo a CAGR of 10.40% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Patient Simulators Market Scope and Segmentation      

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product (Adult Patient Simulator, Infant Simulator, Childbirth Simulator), End Use (Hospitals, Military Organizations, Academic Institutes, Others)

Countries Covered

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

Materialise (Belgium), Startasys (Israel), CAE Inc. (Canada), Surgical Science (Sweden), Mentice (Sweden), Gaumard Scientific (U.S.), Simulab Corporation (U.S.), VirtaMed AG (Switzerland), 3-Dmed Learning Through Simulation (U.S.), Laerdal Medical (Norway), 3D Systems, Inc. (U.S.), Osteo3d (U.S.), Axial3D (U.K.), Formlabs (U.S.)

Market Opportunities

  • Rapidly rising patient safety concern
  • Increasing benefits of using simulators by medical professionals
  • Demand for medical simulation in minimally invasive surgery (MIS)

Market Definition

A patient simulator is a training tool that allows students, trainees, and professionals to practice clinical procedures on actual patients without exposing them to any risks. Patient simulator systems are lifelike dummies that can react physiologically much as living things would. They are created with PC programming that enables them to represent both common and unusual body reactions to events, such as an attack of asthma and therapeutic interventions like pharmaceutical side effects.

Patient Simulators Market Dynamics

Drivers

  • Increasing demand for minimally invasive surgeries

The market is expected to grow during the forecast period due to the growing demand for minimally invasive surgeries. Minimally invasive surgeries are less risky and cause less pain and trauma as compared to traditional open surgery procedures. This has led to a rise in their adoption, thereby driving the growth of the patient simulators market.

  • Increasing geriatric population

The global geriatric population is rising at a rapid pace and is expected to reach 2 billion by 2050. This will lead to a surge in the number of elderly patients who require surgery, thereby driving the growth of the patient simulators market.

  • Rising prevalence of chronic diseases

The prevalence of chronic diseases such as cancer, heart disease, and diabetes is increasing globally due to changing lifestyles and dietary habits. This has led to an upsurge in demand for surgical procedures, which in turn is fueling the growth of the patient simulators market.

Opportunities

  • Rising desire for less invasive treatments

The patient simulators market's growth is fuelled by expanding patient simulator awareness and rising desire for less invasive treatments, as well as by technology developments and rising government and corporate investment. This will provide beneficial opportunities for the patient simulators market growth.

Moreover, increase in the number of emerging markets and new product launches will further provide beneficial opportunities for the patient simulators market growth during the forecast period.

Restraints/Challenges

  • High cost

Simulators, particularly those with great fidelity, are very expensive in terms of initial purchase price and ongoing maintenance expenditures. As a result, many academic and research institutions as well as teaching hospitals cannot afford them. The market's expansion is predicted to be constrained by this.

This patient simulators 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 patient simulators market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Patient Simulators Market Scope

The patient simulators market is segmented on the basis of product and end-use. The growth amongst these segments will help you analyze meagre 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.

Product

  • Adult Patient Simulator
  • Infant Simulator
  • Childbirth Simulator

End User

  • Academic Institutes
  • Hospitals
  • Military Organizations
  • Others

Patient Simulators Market Regional Analysis/Insights

The patient simulators market is analysed and market size insights and trends are provided by country, product and end user as referenced above.

The countries covered in the patient simulators 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 patient simulators market due to rising demand for minimal invasive treatments and rising focus on patient safety. Moreover technological advancement and the presence of key market players with established distribution channel will fuel region market growth.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to rising economies such as China and India and increasing medical tourism, whereas government initiatives to improve healthcare infrastructure will boost market growth.

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 patient simulators 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 patient simulators market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the patient simulators market. The data is available for historic period 2010-2020.

Competitive Landscape and Patient Simulators Market Share Analysis

The patient simulators 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 patient simulators market.

Some of the major players operating in the patient simulators market are:

  • Materialise (Belgium)
  • Startasys (Israel)
  • CAE Inc. (Canada)
  • Surgical Science (Sweden)
  • Mentice (Sweden)
  • Gaumard Scientific (U.S.)
  • Simulab Corporation (U.S.)
  • VirtaMed AG (Switzerland)
  • 3-Dmed Learning Through Simulation (U.S.)
  • Laerdal Medical (Norway)
  • 3D Systems, Inc. (U.S.)
  • Osteo3d (U.S.)
  • Axial3D (U.K.)
  • Formlabs (U.S.)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed 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 drop down your inquiry.

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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, 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.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The patient simulators market value is projected USD 3.73 billion by 2029.
The patient simulators market is projected to grow at a CAGR of 10.40% during the forecast period of 2022-2029.
The major players operating in the Patient Simulators Market are Materialise (Belgium), Startasys (Israel), CAE Inc. (Canada), Surgical Science (Sweden), Mentice (Sweden), Gaumard Scientific (U.S.), Simulab Corporation (U.S.), VirtaMed AG (Switzerland), 3-Dmed Learning Through Simulation (U.S.), Laerdal Medical (Norway), 3D Systems, Inc. (U.S.), Osteo3d (U.S.), Axial3D (U.K.), Formlabs (U.S.).
On the basis of product, the Patient Simulators Market is segmented into Adult Patient Simulator, Infant Simulator, Childbirth Simulator.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials