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Patient Simulators Market Is Growing with $2,373.1 Million by 2025 with 16.8% of CAGR

The market for global patient simulators is expected to grow as increasing demand for minimally invasive treatment methods, growing technological advancement and rising focus on patient safety in the market. Additionally, the future trend such as virtual reality and augmented reality in patient simulators in the patient simulators market is expected to increase in the forecast period.

 

Pune, India -- (SBWIRE) -- 03/26/2019 -- Patient simulators are combined with computer software that replicate normal and abnormal bodily answers to asthma attack and therapeutic interventions. Costs associated with the use of medium- and high-fidelity manikins were calculated to determine the total cost for each. The cost-utility analysis with the help of multiattribute utility function was conducted for the combination costs and three outcomes of clinical reasoning, knowledge acquisition and student satisfaction from a quasi-experimental study to arrive at an overall cost utility.

Increasing Demand for Minimally Invasive Treatment Methods Expected to Drive The Market Over The Forecast Period.

For instance, 3B Scientific Patient Care Manikin BASIC, for simulation in healthcare was developed for scenario-based training of basic patient care and nursing skills. The simulator costs approximately US$ 2700. Moreover, the 3B Scientific Birthing Simulator P90 PRO is developed for the skill training in normal deliveries, in complicated deliveries and in obstetric emergencies. This simulator costs around US$ 1500.

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According to a new market research study titled 'Patient Simulators Market to 2025 - Global Analysis and Forecasts by Product and End User. The global patient simulators market is expected to reach US$ 2,373.1 Mn in 2025 from US$ 694.6 Mn in 2017. The global patient simulators market is estimated to grow with a CAGR of 16.8% from 2018-2025. The report highlights the trends prevalent in the global patient simulators market and the factors driving the market along with those that act as deterrents to its growth.

Global patient simulators market, based on the product was segmented into adult patient simulator, infant simulator, and childbirth simulator. In 2017, the adult patient simulator segment held a largest market share of 50.3% of the patient simulators, by product. This segment is also expected to dominate the market in 2025. The growth of the market is primarily attributed to the use of adult patient simulators in various training programs across the globe and also the segment is expected to grow with the fastest growth rate of 16.8% during the forecast period, 2018 to 2025.

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Global Patient Simulators Market - By Product
-Adult Patient Simulator
-Infant Simulator
-Childbirth Simulator

Global Patient Simulators Market - By End User
-Academic Institutes
-Hospitals
-Military Organizations

Global Patient Simulators Market - By Geography
-North America
-U.S.
-Canada
-Mexico
-Europe
-UK
-Germany
-France
-Asia Pacific (APAC)
-Japan
-China
-India
-Middle East & Africa (MEA)
-U.A.E
-Saudi Arabia
-South Africa
-South and Central America (SCAM)
-Brazil

Global Patient Simulators Market - By Major Players

-CAE
-Laerdal Medical
-3D Systems, Inc.
-Gaumard Scientific
-Kyoto Kagaku Co., Ltd.
-Simulab Corporation
-Simulaids
-Surgical Science
-Mentice AB
-Limbs & Things LTD.

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