The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic
The global healthcare education market is projected to reach USD 125.2 billion by 2025 from USD 83.6 billion in 2020, at a CAGR of 8.4% during the forecast period. Growth in this market is primarily driven by the technological advancements in the healthcare industry, rapid growth in the online education and e-learning sector, and the presence of stringent regulatory mandates related to CME programs. However, lack of face to face interaction and unreliable infrastructure cause barrier to the market growth.
Providers are responsible for launching newer educational solutions and improving the market scenario.
On the basis of provider, the healthcare education market is segmented into universities and academic centers, OEMs/pharmaceutical companies, continuing medical education (CME) providers, learning management system providers, educational platforms, and medical simulation providers. In 2019, the universities and academic centers segment accounted for the largest share of 92.9% of the healthcare education market. The shortage of healthcare workers required to deliver quality healthcare services is the major factor contributing to the large share of this segment.
E Learning solution have established the highest CAGR in the delivery mode segment of the healthcar education solution market.
Based on delivery mode, the healthcare education market is segmented into classroom-based courses and eLearning solutions. In 2019, the classroom-based courses segment accounted for the largest share of 88.2% of the healthcare education market. However, the eLearning solutions segment is projected to register the highest growth in the forecast period. The high growth of this segment can be attributed to the benefits of eLearning solutions, such as ease of use, convenience, flexibility, and cost-effectiveness.
North America To Witness Significant Growth From 2020 To 2025
The global healthcare education market has been categorized on the basis of four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World. In 2019, the Asia Pacific region accounted for the largest market share of 39.7%. However, the North American market is projected to register the highest CAGR of 9.5% during the forecast period, primarily due to the initiatives taken by industry players and regional governments towards increasing the number of medical schools and the advancing healthcare sector.
Breakdown of supply-side primary interviews:
- By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%
- By Designation: C-level – 27%, Director-level – 18%, and Others – 55%
- By Region: North America - 40%, Europe – 20%, APAC – 30%, Rest of the World – 10%
Some of the prominent players operating in the healthcare education market are SAP (Germany), Adobe (US), Infor (US), Oracle (US), HealthStream (US), HealthcareSource (US), Elsevier (Netherlands), Articulate (US), PeopleFluent (US), ADP (US), GE Healthcare (US), Trivantis Corporation (US), Cerner (US), Koninklijke Phillips (Netherlands), Siemens Healthineers (Germany), Coursera (US), and IBM (US).
This report studies the healthcare education solution market based on providers, delivery mode, end user, application and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. It analyzes the opportunities and challenges in the market and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to four main regions and respective countries.
Key Benefits of Buying the Report
This report focuses on various levels of analysis industry trends, market share of top players, and company profiles, which together form basic views and analyze the competitive landscape, and high-growth regions and their drivers, restraints, challenges, and opportunities. The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market and garner greater market shares.