This report provides forecast and analysis of the global surgical simulation market which is estimated to surge at a CAGR of 22.05% over the period of 2018-2024.
Surgical simulation programs offer a broad range of benefits to numerous healthcare stakeholders. Public pressure for increased oversight of surgeons so as to reduce or prevent the chances of medical errors while reducing healthcare costs is boosting the demand for surgical simulation solutions. The booming global healthcare industry is fueling the adoption of advanced technologies is driving the growth of the surgical simulation market. However, the high cost of simulators is currently hindering the growth of the global surgical simulation market. There has been an emerging adoption of AR (augmented reality) and VR (virtual reality) technologies along with surgical simulators in order to improve the efficiency of trainees which, in turn, is projected to spur the growth of global surgical simulation market during the next five years. Hospitals across different regions are continuously under pressure to reduce costs while maintaining excellent patient care and treatment standards. With the help of surgical simulation solutions, decreased operative time results in reduced chances of complications which is beneficial to hospitals in terms of both cost and community ratings. Whereas for patients, the use of surgical simulation solutions result in reduced charge due to reduced operative time with lesser complications. Geographically, North America accounted for the major market share in 2018 owing to the presence of major market players coupled with early adoption of advanced technologies across the healthcare sector. APAC is projected to witness significant regional market growth during the forecast period owing to the booming medical tourism industry in the region.
Some of the major players covered as part of the report are CAE Inc., Gaumard Scientific Company, Inc., Simulab Corporation, Surgical Science Sweden AB, and 3B Scientific.
This report segmented the global surgical simulation market on the basis following terms:
• By Application
Laparoscopy Surgical Simulation
Gynaecology Surgical Simulation
Endoscopic Surgical Simulators
Cardiovascular Surgical Simulation
Arthroscopic Physiotherapy Surgical Simulation
Neurological Surgical Simulators
Other Surgical Simulation
• By End User
Hospitals
Research & Academic Institutions
• By Geography
North America
United States
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
UK
Spain
Others
Middle East and Africa
Israel
Saudi Arabia
Others
Asia Pacific
China
Japan
South Korea
India
Others
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