DUBLIN, June 21, 2023 /PRNewswire/ — The “Mannequin-Based Simulation: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Mannequin-Based Simulation estimated at US$1.7 Billion in the year 2022, is projected to reach a revised size of US$5.6 Billion by 2030, growing at a CAGR of 15.8% over the analysis period 2022-2030.
Patient Simulators, one of the segments analyzed in the report, is projected to record 15.3% CAGR and reach US$3.8 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Other Product Types segment is readjusted to a revised 16.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $758.8 Million, While China is Forecast to Grow at 19.3% CAGR
The Mannequin-Based Simulation market in the U.S. is estimated at US$758.8 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$347.4 Million by the year 2030 trailing a CAGR of 19.3% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.3% and 14.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.5% CAGR.
Select Competitors (Total 55 Featured) –
- CAE Healthcare
- Gaumard Scientific Company Inc.
- Kyoto Kagaku Co., Ltd.
- Laerdal Medical A/S
- Limbs & Things Ltd.
- Mentice AB
- Moog Inc.
- Simbionix Ltd.
- Simulab Corporation
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 and a Looming Global Recession
- Year 2021 in Review and Near-term Outlook
- Prolonged Pandemic, Ukraine-Russia Conflict and Ensuing Economic Disruptions Impact Growth Outlook
- World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022 and 2023
- COVID-19 Impact on Mannequin-Based Simulation
- Mannequin – A Prelude
- Simulation Based Education
- Nursing Education Embraces Simulation-based Learning in a Major Way
- Mannequin-based Simulation: An Integral Part of Medical Simulation Market
- Global Mannequin-based Simulation Market Set to Witness Significant Growth
- Growth Drivers
- Increasing Focus on Patient Safety
- Limited Access to Live Patients Drives Market for Simulation
- Simulation in Healthcare Enables Cost Reduction
- Technology Revolution Drives Demand for Simulation
- Affordability & Rising Implementation to Boost Demand
- Developed Regions: Primary Revenue Contributors
- Developing Regions Offer High Growth Potential for Mannequin-based Simulation
- Patient Simulators Lead the Mannequin-based Simulation Market
- Competition
- Mannequin-Based Simulation – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increase in Surgeries Augurs Well for Market Growth
- Global Surgical Procedure Volume by Procedure Type
- Rise in Global Surgeries Post COVID & Shortage of Surgeons to Drive Use of Mannequin-based Simulation to Accelerate Surgeon Education and Training
- Surgical Backlog & Surgeon Shortages: A Harrowing Situation
- Cancer Surgery Demand Surges Amid Surgeon Shortage
- Mannequin-based Simulation to the Rescue
- As the Number of Surgeries Performed Globally Increase, the Need for Well Trained Surgeons Becomes Acute, Strengthening the Business Case for Mannequin-based Simulation: Global Market for General Surgery (In US$ Billion) for Years 2018, 2020, 2022, 2024, 2026 and 2028
- Virtual Simulation and High-Fidelity Mannequin Simulation for Recognizing Critical Events
- High-fidelity Mannequins
- Advanced Mannequins Imitate Human Reactions
- Increasing Healthcare Expenditure to Foster Growth
- World Healthcare Expenditure (In US$ Trillion) for the Years for 2017, 2019, 2021, 2023
- Mannequin-based Simulation for Nursing Schools
- Cardiology, a Promising Field for Medical Animation/Simulation
- Simulation Benefits Interventional Cardiology
- Mannequins Gain Traction in Military Medical Training
- Minimally-invasive Procedures Necessitate Simulation-based Training
- Robot-assisted Surgical Simulation Training Gaining Significance
- Simulation Training Preferred for Cataract Surgery
- Surgical Simulation Gets Notable Makeover with Influx of Innovative Approaches
- Surgical Simulation: The History & Evolution
- Existing Surgical Simulation Models
- Continuing Advances Pave Way for Versatile & Realistic Surgical Simulators
- Innovations Set to Take Surgical Simulation to Next Level
- Select Innovations
- Learning Theories Guiding Development of Simulation-based Education
- Areas where Under Graduate Nursing Education Simulation is Most Used
- Virtual Simulations for UG Nursing Programs
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/9l680i
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets
