Medical Education Market to Register a CAGR of more than 4% during 2019-2027


Posted June 19, 2019 by sakshiTMR

TMR has published a new report on Medical Education which gives detailed insight into the market size, trend, present opportunities and key-players.

 
A new report has been published by Transparency Market Research titled, “Global Medical Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027.” As per the report, the medical education market was valued at US$ 31 Bn in 2018, and is anticipated to register a CAGR of more than 4% from 2019 to 2027. Increase in the number of medical schools across the globe and rise in cost of medical education are the primary factors anticipated to boost the market during the forecast period.

The report recognizes the number of trends that have been observed in the medical education market. Rise in privatization of medical schools, increase in the number of medical schools, growing number of students seeking medical education, and migration of medical students are all influencing the growth of the global medical education market significantly. Unique and innovative collaborative models amid medical schools across the globe have further boosted the market. Emerging economies are investing in healthcare infrastructure to enhance the quality of services and expand the access of services, which would need more medical professionals. This is expected to drive the global medical education market.

Region-wise, North America dominated the medical education market in terms of revenue in 2018, and is expected to continue its dominance during the forecast period. High fee structure, presence of top medical schools, and rising presence of international students have led to a large market share for the region in this market. Some of the renowned medical schools such as Johns Hopkins University School of Medicine, Stanford University School of Medicine, and Harvard Medical School are situated in the U.S. Increased disposable income and well-developed healthcare infrastructure have contributed to North America’s large share in the global medical education market.

As per the report, Europe is likely to be the second-largest medical education market in terms of share and revenue during the forecast period. Developed healthcare infrastructure coupled with opening of new medical schools are boosting the medical education market in Europe. The market in Asia Pacific is anticipated to expand at a CAGR of more than 4% during the forecast period. The presence of countries such as China and India with rapidly increasing number of medical schools and medical students is credited to strong market growth in the region. As per the World Directory of Medical Schools, India had the most recognized medical schools, followed by Brazil and China, in 2016.

The TMR report also provides the profiles of some of the leading players operating in the global medical education market. These include Gundersen Health System, GE Healthcare Institute, American College of Radiology, Healthcare Training Institute, New Jersey, Olympus America, TACT Academy for clinical training, Zimmer Biomet Institute, Harvard Medical School, Johns Hopkins School of Medicine, Stanford University School of Medicine, Apollo Hospitals, CAE Healthcare, and Siemens Healthineers.

To request a brochure of the global medical education market, kindly fill the form onhttps://technews4all.com/request-form/.

About Us
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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Last Updated June 19, 2019