Global medical education market is poised to expand at a 4.3% CAGR during the forecast period, rising from a value of US $25.9 bn in 2015 to US $38.4 bn by 2024.
Albany, NY -- (SBWIRE) -- 09/21/2016 -- The global medical education market has been extensively analyzed based on factors such as type of training, educational advances, and cost of education across different geographies. The market size and forecast in terms of revenue (US$ Mn) for each of these medical course categories have been provided for the period 2014 to 2024. The report also provides the % compounded annual growth rate (CAGR) for the market for each segment from 2016 to 2024, considering 2015 as the base year.
The medical education market report evaluates each of the segments and its sub-categories in detail for market trends, recent developments, outlook, and opportunities. The market overview section of the report explores market dynamics such as drivers, restraints, and opportunities that currently have strong impact on the global medical education market and could influence the market in the future as well. Market attractiveness analysis has been provided in the market overview section in order to explain the intensity of competition between leading education providers operating across the globe.
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The medical education market report analyzes the current and future prospects of the global market. Based on type of training, the market has been segmented into cardiothoracic, neurology, orthopedic, oral and maxillofacial, pediatric, radiology, and laboratory. On-campus, distance, and online are the major modes of education analyzed in this report. Geographically, the market has been segmented into North America, Europe, Asia Pacific, and Rest of the World.
Major drivers that are likely to boost demand and growth of the medical education market include increasing need to prevent and treat lifestyle diseases such as cardiovascular disorders (CVD), rising prevalence of cancer, and increasing patient pool of diabetes. Major restraints of the market are high fee structure for classroom/on-campus training and low preference for distance education. However, the report also highlights various opportunities that are expected to boost market growth during the forecast period.
Additional information such as recent developments in medical education and market dynamics, has been provided to assist new and existing players to venture and explore latent market opportunities in impending years. The executive summary section included in this report provides a snapshot of this market to the stakeholders. It summarizes the market size, trends, and competition for different regions. All these factors would help market players to take strategic decisions in order to strengthen their market positions and increase their market share. The recommendations section included in the report would assist existing market players in targeting all major stakeholders of this industry. The report also profiles major players in the global medical education market based on various attributes such as company details, institute details, business overview, financial facts, strategies, and recent developments.
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Key players profiled in the medical education market report include Apollo Hospitals, GE Healthcare, Gundersen Health System, Medical Training College, Olympus Corporation, TACT Academy for Clinical Training, and Zimmer Biomet Holdings, Inc. (Zimmer Institute). TACT Academy for Clinical Training is a newly founded company, which holds immense scope of growth through its course offerings and collaborations.
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