Medical Education Market Size By Mode of Education, By Type of Training, By Type of Organization, By Geographic Scope And Forecast


Posted February 12, 2021 by jennysmith22119

According to Verified Market Research, The Global Medical Education Market was valued at USD 30.46 Billion in 2019 and is projected to reach USD 40.35 Billion by 2027, growing at a CAGR of 3.59 % from 2020 to 2027.

 
Medical Education Market Size And Forecast
The Global Medical Education Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Medical Education Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

According to Verified Market Research, The Global Medical Education Market was valued at USD 30.46 Billion in 2019 and is projected to reach USD 40.35 Billion by 2027, growing at a CAGR of 3.59 % from 2020 to 2027.

What is Medical Education?
Medical education refers to the study of being a medical practitioner either in the initial training to become a physician, or additional training thereafter such as a surgeon or consultant. It is also the subject-didactic academic field of training medical doctors at all stages, including entry-level, post-graduate, and continuing medical education. Medical education utilizes theories of pedagogy specifically in the context of medical education. The increasing number of online medical education programs is one of the main reasons for the medical education market growth. The necessity of online medical courses is increasing ominously among both students and universities that offer medical degrees. Medical education applications can be seen in areas such as the treatment of new diseases, ever exploring medical sciences, veterinary sector, pharmaceuticals, and biotechnology.

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Global Medical Education Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The increase in the number of medical schools, adoption of evidence-based medicine, increase in preference for online education, and rise in prevalence of lifestyle-induced illnesses are the drivers anticipated to propel the market growth of the global medical education market. The rush in the number of students looking for medical education and migration of medical students is expected to fuel the growth in the forecast period.

Moreover, new co-operative models and changing medical study patterns in medical schools across the globe have stimulated the market. On the contrary, a high fee structure for classroom/on-campus training and requirement of practical knowledge and skills are the potential restraints hindering this market. Whereas, there are many lucrative growth opportunities such as the gap between supply and demand, emerging e-learning markets, and an increase in funding and government initiatives.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Medical Education Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Medical Education Market Competitive Landscape
The “Global Medical Education Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as GE Healthcare Institute, Gundersen Health System, American College of Radiology, 10.4 Healthcare Training Institute, Olympus America, TACT Academy for Clinical Training, Zimmer Biomet Institute, Harvard Medical School, Johns Hopkins School of Medicine, Stanford University School of Medicine, and Others. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Medical Education Market, By Mode of Education
• On-campus
• Distance
• Online
• Others

Medical Education Market, By Type of Training
• Cardiothoracic Training
• Neurology Training
• Pediatric Training
• Laboratory
• Others

Medical Education Market, By Type of Organization
• School of Medicine
• Government/Military Organizations
• Hospital
• Others

Medical Education Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
o Middle East & Africa
o Latin America

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Last Updated February 12, 2021