According to Verified Market Research, the Global Healthcare/Medical Simulation Market was valued at USD 2.27 billion in 2019 and is projected to reach USD 7.70 billion by 2027, growing at a CAGR of 17.8% from 2020 to 2027.
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Healthcare/Medical Simulation is defined as a training and feedback technique in which learners practice tasks and processes under realistic settings and circumstances by means of tools and models, such as virtual reality. It utilizes feedback from observers, such as professors, peers, actor-patients, and video cameras. Simulation in Healthcare/Medical/ medical as a strategy is used to replicate some or nearly all of the essential aspects of a clinical situation in order to readily understand it. Further, it also helps in managing the situation when it occurs for real in clinical practice. With the technological advancement in communication, science, and education, health care professionals are now able to simulate very detailed procedures in order to train the learners in a safe and effective manner.
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