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Asia-Pacific Medical Simulation Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
The Asia-Pacific Medical Simulation Market is segmented by Product and Services, Technology (High-fidelity, Medium-fidelity, and Low-fidelity Simulators), End User, and Geography
- ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the report
- Key Market Trends
- Competitive Landscape
- Major Players
- TABLE OF CONTENTS
Market Snapshot
Study Period:
2018 - 2026
Base Year:
2020
CAGR:
12.5 %
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Market Overview
Minimally-invasive techniques are becoming standard for surgical technique, at a very fast pace, for several surgical procedures. In minimally-invasive surgery, doctors use various methods to operate with minimal damage to the body as opposed to traditional open surgery. In general, minimally-invasive surgery is associated with less pain, shorter hospital stay, and fewer complications. By developing true integrated solutions, minimally-invasive procedures are beginning to replace traditional surgical care in other medical domains as well. The demand for this surgery is increasing due to higher accuracy rate with relatively reduced pain, and less infections.
Therefore, the requirement of medical simulation in minimally-invasive surgery has been established over the past few years. The minimally-invasive techniques are becoming the standards of surgical techniques, at a very fast pace, for a number of surgical procedures. These procedures involve smaller incisions leading to quicker recovery, which helps in the growth of the overall market.
Scope of the report
As per the scope of the report, medical simulation is the modern day methodology for training healthcare professionals through the use of advanced educational technology. Medical simulation is experiential learning that every healthcare professional may need, but cannot be always engaged in during real-life patient care. The market of medical stimulation is growing with increasing healthcare facilities.
| By Product and Services | |||||||||||
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| By Technology | |
| High-fidelity Simulators | |
| Medium-fidelity Simulators | |
| Low-fidelity Simulators |
| By End User | |
| Academic and Research Institutes | |
| Hospitals |
| Geography | ||||||||
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Key Market Trends
High-fidelity Simulators Segment is Expected to Show Better Growth in the Forecast Years
Based on technology, the market is segmented into high-fidelity, medium-fidelity, and low-fidelity simulators. The high- fidelity simulators (HFS) are the latest models incorporated in computer hardware technology, which includes wireless and programmed, full-body patient presentation. A high-fidelity manikin can be used for a variety of high stakes learning scenarios, such as a mock code, postpartum hemorrhage, or mass casualty incident.
Currently, high-fidelity simulations are widely accepted in nursing education, and are introduced into acute care to support with orientation programs, continuing education, certification courses, and staff development. Hence, the requirement of realistic models to provide better training environment is promoting the usage of high-fidelity simulators.
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Competitive Landscape
The market is highly fragmented with many players. With many small and medium players, the competition is high. The major players into the Asia-Pacific medical simulation market are 3D Systems, Canadian Aviation Electronics (CAE) Inc., Kyoto Kagaku Co. Ltd, Laerdal Medical, Limbs & Things Ltd, Mentice AB, Simulab Corporation.
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Table Of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Demand for Minimally-Invasive Treatments
4.2.2 Continuous Innovation in Technology
4.2.3 Increasing Focus on Patient Safety
4.3 Market Restraints
4.3.1 High Cost of Simulators
4.3.2 Reluctance to Adopt New Training Methods
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product and Services
5.1.1 Products
5.1.1.1 Interventional/Surgical Simulators
5.1.1.1.1 Laparoscopic Surgical Simulators
5.1.1.1.2 Gynecology Surgical Simulators
5.1.1.1.3 Cardiac Surgical Simulators
5.1.1.1.4 Arthroscopic Surgical Simulators
5.1.1.1.5 Other Products
5.1.1.2 Task Trainers
5.1.1.3 Other Products and Services
5.1.2 Services and Software
5.1.2.1 Web-based Simulation
5.1.2.2 Medical Simulation Software
5.1.2.3 Simulation Training Services
5.1.2.4 Other Services and Software
5.2 By Technology
5.2.1 High-fidelity Simulators
5.2.2 Medium-fidelity Simulators
5.2.3 Low-fidelity Simulators
5.3 By End User
5.3.1 Academic and Research Institutes
5.3.2 Hospitals
5.4 Geography
5.4.1 Asia-Pacific
5.4.1.1 China
5.4.1.2 Japan
5.4.1.3 India
5.4.1.4 Australia
5.4.1.5 South Korea
5.4.1.6 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 3D Systems
6.1.2 Canadian Aviation Electronics (CAE) Inc.
6.1.3 Kyoto Kagaku Co. Ltd
6.1.4 Laerdal Medical
6.1.5 Limbs & Things Ltd
6.1.6 Mentice AB
6.1.7 Simulab Corporation
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
*List Not Exhaustive
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments
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