SOURCE: Research and Markets

Research and Markets

February 15, 2016 11:40 ET

North American Medical Simulation Market Outlook: 2013-2020

DUBLIN, IRELAND --(Marketwired - February 15, 2016) - Research and Markets has announced the addition of the "North American Medical Simulation Market Outlook: 2013-2020" report to their offering.

With the full potential of healthcare and medical simulation has yet to unfold in the U.S. and Canada, the North American medical simulation market is expected to grow at a CAGR of 15.0% from 2015 to 2020 to reach USD969.8 million by 2020.

Simulation is arguably the most prominent advancement in the medical education over the past decade. Though, the penetration of medical simulators is more in the North American region as compared to other regions, it has tremendous potential to grow in the next few years in this region.

This growth will be driven by medical training institutions and hospitals which are incessantly taking efforts to de-risk the impact of training on live patients; standardize their teaching practices and increase the time available for their trainees to practice various medical procedural skills. With the projected growth in the aging population in the U.S. and Canada, rising waiting time for healthcare services, growing pressure to curtail healthcare costs, decreasing subsidies and state funds, healthcare is certainly an attractive field for scientific exploration using simulation.

Patient safety and medical errors have been the focus of many national initiatives in the U.S. as simulation has the potential to transform health care and address the patient safety concerns if properly used and integrated into the educational and various organizational improvement processes. The introduction of cutting-edge technologies in medical simulators by many established and emerging players further helps to transform this field.

Companies Mentioned:

  • 3B Scientific GmbH
  • 3D Systems, Inc. (Simbionix)
  • Adam,Rouilly Limited
  • Altay Scientific S.p.A.
  • CAE Healthcare
  • Cardionics, Inc.
  • Gaumard Scientific Company, Inc.
  • IngMar Medical
  • KaVo Dental GmbH
  • Kyoto Kagaku Co., Ltd.
  • Laerdal Medical As
  • Limbs & Things, Ltd
  • Medical Simulation Corporation
  • Mentice Ab
  • Simulab Corporation
  • Simulaids, Inc.
  • Surgical Science Sweden Ab
  • Yuan Technology Limited

Report Structure:

1 Introduction to North American Medical Simulation Market

2 Executive Summary

3 Market Insights

4 North American Medical Simulation- Market Crackdown ($ Value Analysis), By Product Types

5 North American Medical Simulation- Market Crackdown ($ Value Analysis), By Service Types

6 Technological Assessment

7 North American Medical Simulation- Market Crackdown ($ Value Analysis), By End-user

8 North American Medical Simulation Market- Competitive Landscape

9 Company Profiles

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