NORTH AMERICA MEDICAL SIMULATION MARKET 2019-2027

Lifesciences | Medical Devices & Consumables

NORTH AMERICA MEDICAL SIMULATION MARKET 2019-2027

Market By Component, Fidelity, End-user And Geography | Forecast 2019-2027

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After an-in-depth research carried out by Triton, its finding showed the North American medical simulation market to rapidly progress in terms of revenue at a CAGR of 11.88% for the forecasting period from 2019 to 2027.

The countries examined in the North America market for medical simulation are:

•           The United States

•           Canada

A pan-Canadian inter-professional network for simulation in healthcare learning, called the Canadian Network for Simulation in Healthcare (CNSH), represents the medical simulation community in Canada. The country has an active ecosystem supporting its medical simulation market. The SIM-one (the Ontario Simulation Network), a not-for-profit organization connecting the simulation community with the simulation services, facilities & resources across Ontario, manages the developments in medical simulation. The association has full support from Ontario’s Ministry of Health and Long-term Care. The SIM-one states over 50 simulation centers to be present in Canada, with training programs being conducted in the universities, colleges, hospitals and non-profit sectors in the country.

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Besides these, there are medical centers, which procure manikins & simulators from medical simulation vendors for ad-hoc simulation workshops. Private market players such as CAE Healthcare, a global leader that delivers training & simulation services across several industry verticals, are present in Canada, which provide medical simulation products & services. Thus, the interest of the government in promoting medical simulation is expected to enhance the sales of medical simulation services in the country, as a result of which, the Canadian medical simulation market may grow significantly over the forecasted period.

CAE Healthcare offers specialized educational tools to help healthcare professionals in providing safe & high-quality patient care. The company has a broad product portfolio, CAE Apollo, CAE HPS, CAE Lucina, CAE Athena and CAE iStan, etc. Each product of the company is developed with guidance from clinicians and clinical educators. CAE Healthcare offers targeted training to hospital systems, nursing, medical programs, military branches, emergency response teams & nursing, and also respiratory & allied health programs. The Canada-based company is headquartered in Saint-Laurent, Québec. In April 2018, CAE Healthcare announced signing an agreement with WorldPoint for the distribution of CAE Juno products throughout the training & simulation centers in the United States.

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Table of Content

1.    NORTH AMERICA MEDICAL SIMULATION MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. PORTER’S FIVE FORCES MODEL OUTLOOK

2.2.1.   THREAT OF NEW ENTRANTS

2.2.2.   THREAT OF SUBSTITUTE

2.2.3.   BARGAINING POWER OF BUYERS

2.2.4.   BARGAINING POWER OF SUPPLIERS

2.2.5.   THREAT OF COMPETITIVE RIVALRY

2.3. MARKET TRENDS

2.4. REGULATORY OUTLOOK

2.5. MARKET SHARE OUTLOOK

2.6. MARKET ATTRACTIVENESS INDEX

2.7. MARKET DRIVERS

2.7.1.   GROWING CONCERN FOR PATIENT SAFETY

2.7.2.   INCREASING DEMAND FOR MINIMALLY INVASIVE SURGERY (MIS)

2.8. MARKET RESTRAINTS

2.8.1.   HIGH COST OF MEDICAL SIMULATORS

2.8.2.   LACK OF SKILLED PROFESSIONALS

2.8.3.   AVERSENESS TO ADOPT NEW SIMULATION TECHNOLOGIES

2.9. MARKET OPPORTUNITIES

2.9.1.   TECHNOLOGICAL ADVANCEMENTS

2.10.            MARKET CHALLENGES

2.10.1.                CHALLENGES IN THE MEDICAL SIMULATION OPRATION

3.    MEDICAL SIMULATION MARKET OUTLOOK – BY COMPONENT

3.1. MODEL-BASED SIMULATION

3.2. WEB-BASED SIMULATION

3.3. SIMULATION TRAINING SERVICES

4.    MEDICAL SIMULATION MARKET OUTLOOK – BY FIDELITY

4.1. LOW-FIDELITY

4.2. MEDIUM-FIDELITY

4.3. HIGH-FIDELITY

5.    MEDICAL SIMULATION MARKET OUTLOOK – BY END-USER

5.1. ACADEMIC INSTITUTIONS & RESEARCH CENTERS

5.2. HOSPITALS & CLINICS

5.3. MILITARY ORGANIZATIONS

6.    MEDICAL SIMULATION MARKET – REGIONAL OUTLOOK

6.1. NORTH AMERICA

6.1.1.   COUNTRY ANALYSIS

6.1.1.1.      THE UNITED STATES

6.1.1.2.      CANADA

7.    COMPETITIVE LANDSCAPE

7.1. GAUMARD SCIENTIFIC COMPANY

7.2. CANADIAN AVIATION ELECTRONICS (CAE)

7.3. MENTICE AB

7.4. KYOTO KAGAKU CO., LTD.

7.5. SIMULAIDS, INC.

7.6. KINDHEART, INC.

7.7. 3D SYSTEMS CORPORATION

7.8. LAERDAL MEDICAL AS

7.9. SURGICAL SCIENCE SWEDEN AB

7.10.            LIMBS & THINGS LTD.

7.11.            INTELLIGENT ULTRASOUND GROUP PLC (FORMERLY MEDAPHOR GROUP PLC)

7.12.            NASCO

7.13.            SIMULAB CORPORATION

8.    RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.1.1.   OBJECTIVES OF STUDY

8.1.2.   SCOPE OF STUDY

8.2. SOURCES OF DATA

8.2.1.   PRIMARY DATA SOURCES

8.2.2.   SECONDARY DATA SOURCES

8.3. RESEARCH METHODOLOGY

8.3.1.   EVALUATION OF PROPOSED MARKET

8.3.2.   IDENTIFICATION OF DATA SOURCES

8.3.3.   ASSESSMENT OF MARKET DETERMINANTS

8.3.4.   DATA COLLECTION

8.3.5.   DATA VALIDATION & ANALYSIS

List of table

TABLE 1        NORTH AMERICA MEDICAL SIMULATION MARKET 2019-2027 ($ MILLION)

TABLE 2        COST OF SIMULATION EQUIPMENT

TABLE 3        NORTH AMERICA MEDICAL SIMULATION MARKET BY COMPONENT 2019-2027 ($ MILLION)

TABLE 4        NORTH AMERICA MEDICAL SIMULATION MARKET BY FIDELITY 2019-2027 ($ MILLION)

TABLE 5        NORTH AMERICA MEDICAL SIMULATION MARKET BY END-USER 2019-2027 ($ MILLION)

TABLE 6        NORTH AMERICA MEDICAL SIMULATION MARKET BY COUNTRY 2019-2027 ($ MILLION)

List of Figures

FIGURE 1      NORTH AMERICA MEDICAL SIMULATION MARKET 2019-2027 ($ MILLION)

FIGURE 2      COMPANY MARKET SHARE OUTLOOK OF MEDICAL SIMULATION 2018 (%)

FIGURE 3      NORTH AMERICA MEDICAL SIMULATION MARKET BY MODEL-BASED SIMULATION 2019-2027 ($ MILLION)

FIGURE 4      NORTH AMERICA MEDICAL SIMULATION MARKET BY WEB-BASED SIMULATION 2019-2027 ($ MILLION)

FIGURE 5      NORTH AMERICA MEDICAL SIMULATION MARKET BY SIMULATION TRAINING SERVICES 2019-2027 ($ MILLION)

FIGURE 6      NORTH AMERICA MEDICAL SIMULATION MARKET BY LOW-FIDELITY 2019-2027 ($ MILLION)

FIGURE 7      NORTH AMERICA MEDICAL SIMULATION MARKET BY MEDIUM-FIDELITY 2019-2027 ($ MILLION)

FIGURE 8      NORTH AMERICA MEDICAL SIMULATION MARKET BY HIGH-FIDELITY 2019-2027 ($ MILLION)

FIGURE 9      NORTH AMERICA MEDICAL SIMULATION MARKET BY ACADEMIC INSTITUTIONS & RESEARCH CENTERS 2019-2027 ($ MILLION)

FIGURE 10   NORTH AMERICA MEDICAL SIMULATION MARKET BY HOSPITALS & CLINICS 2019-2027 ($ MILLION)

FIGURE 11   NORTH AMERICA MEDICAL SIMULATION MARKET BY MILITARY ORGANIZATIONS 2019-2027 ($ MILLION)

FIGURE 12   THE UNITED STATES MEDICAL SIMULATION MARKET 2019-2027 ($ MILLION)

FIGURE 13   CANADA MEDICAL SIMULATION MARKET 2019-2027 ($ MILLION)

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