Fueled by the growing focus on patient safety and technological advancements, the healthcare/medical simulation industry has experienced significant growth over the past decade, except for the past 3 to 4 years, where the market witnessed slow growth due to the global recession. A pivotal factor in the growth of this market has been high fidelity mannequins/patient simulators, which have witnessed substantial growth in recent years owing primarily to recent technological advancements that have created highly realistic simulators competent of very high levels of fidelity. Increasing healthcare costs, rising demand for minimally invasive treatment, and increasing consolidation of manufacturers further propels the market. However, the high cost of simulators, economic slowdown in the developed region, and limited availability of funds inhibits the growth of the market, to a certain extent.

The global healthcare/medical simulation market is broadly segmented into products and services. The market was valued at $790.1 million in 2012 and is poised to grow at a CAGR of 19.6% in the forecast period to reach $1930.5 million by 2017.

North America is the largest market for healthcare/medical simulation, with the U.S. contributing a major share, followed by Europe, and Asia. The Asian market, especially India and China, is expected to witness a boost in demand for medical simulation products and services and is poised to register maximum growth over the next five years, as a result of its economic development.

Prominent players in this market are Laerdal Medical (Norway), CAE Healthcare (Canada), Simulaids (U.S.), Gaumard (U.S.), Kyoto Kagako (Japan), Limbs and Things (U.K.), Education Management Solutions (U.S.), and Mentice AB (Sweden).

Scope of the Report:

This research report largely categorizes the global market for healthcare/medical simulation into products and services. This market is broken down into segments and sub-segments, providing exhaustive value analysis for 2010, 2011 and 2012, as well as forecast up to 2017. The market is also evaluated by end-users and comprehensively analyzed at a granular level by region (North America, Europe, Asia, and Rest of the World (RoW).

Global Healthcare/medical simulation Products & Services Market

    High Fidelity Mannequin/ Patient Simulators
    Simulated Clinical Environments
        Live environments
        Virtual environments
            Second life
            Serious games
    Interventional simulation
        Surgical simulators
        Cardiovascular simulators
        IV simulators
        Endovascular simulators
        Ultrasound simulators
    Mid / Low Fidelity Task Trainers
    Imaging Simulation
        Ultrasound Imaging
        Magnetic Resonance Imaging (MRI)
        Computed Tomography (CT)
        Positron Emission Tomography (PET)
    Performance Recording
    Healthcare/medical simulation training services

Technology Landscape
   Virtual reality

Global Healthcare / Medical Simulation Market, By End-Users


GlobalHealthcare / Medical Simulation Market, By Geography

    North America
    Rest of the World (RoW)
        Middle East & Africa