Market for Adult Patient Simulator Segmentto Grow atHighest CAGR during 2020–2027
According to our latest study on “North America Patient Simulators MarketForecast to 2027– COVID-19 Impact and CountryAnalysis– by productand end user,”the market was valued at US$ 403.51million in 2019 and is projectedto reach US$ 1,503.65millionby2027; it is expected to grow at a CAGR of 18.0% during 2020–2027. The report highlights trends prevailing in the North America patient simulators market, andthe drivers and restraints pertaining to the market growth.
Based on product, the North America patient simulators marketissegmented into infant simulator, childbirth simulator, and adult patient simulator.The adult patient simulator segment held the largest share of the market in 2019, andit isestimated to register the highest CAGR during the forecast period. The growth of the market for this segment isdriven by the availability of a wide range of high-fidelity manikins in the market. Moreover, the patient simulatorshold huge potential to help in managing the COVID-19 crisis,as well as other future pandemics. Simulators can be usedto scale up workforce capacity through experimental learning. Also, simulation rapidly facilitates hospital preparation as well as education of large numbers of healthcare professionals and students.
The growth of the North America patient simulators market is attributed to increasing demand for minimally invasive treatment methods, growing technological advancements, and rising focus on patient safety. However, the high cost of patient simulators restrains the growth of the market.CAE Inc.; Laerdal Medical; 3D Systems, Inc.; Gaumard Scientific; Kyoto Kagaku Co., Ltd.; Simulab Corporation; Simulaids; Surgical Science; Mentice AB; and Limbs & Things LTD are among the leading companies operating in the North America patient simulators market.
The report segments North America patient simulators market as follows:
ByProduct
· Adult Patient Simulator
· Infant Simulator
· Childbirth Simulator
By End User
· Academic Institutes
· Hospitals
· Military Organizations
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By Country
· US
· Canada
· Mexico