North America Patient Simulators Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product (Adult Patient Simulator, Infant Simulator, and Childbirth Simulator), End User (Academic Institutes, Hospitals, and Military Organizations), and Country
The North America patient simulatorsmarket was valued at US$ 403.51 million in 2019 and is projected to reach US$ 1,503.65 million by 2027; it is expected to grow at a CAGR of 18.0% from 2020 to 2027.
The growth of the market is attributed to theincreasing demand for minimally invasive treatment methods, growing technological advancements, and rising focus on patient safety. However, the high cost of patient simulators hindersthe growth of the market.
The increasing availability of better healthcare facilities has resulted in the rising preference for patient simulators in nursing education.For instance, the Johns Hopkins Medicine Simulation Center is a fully accredited state-of-the-art medical training facility that incorporates teaching associate simulation, human patient simulation, virtual reality, task trainer simulation, and computerized simulation, among others. Ensuring patientsafety is the primary goal of implementing these facilities atthe center.
Additionally, North America is witnessingexponential growth in thenumber of COVID-19 cases since its outbreak. For instance, according to Worldometer, the number of infected patients was6,485,575,and the count ofreported deaths was 193,534in the USon September 6, 2020. The cases are also increasing in Mexico and Canada; in Mexico, the cases have reached 637,509 with 67,781 deaths. The COVID-19 outbreak has opened many opportunities for the use of simulation. It can be utilized to scaleup workforce capacity through experiential learning; moreover, simulationand simulation facilitators can assist in the optimization of work structures and processes. Thus, the North America patient simulators market is expected to witness significant growth during the forecast period.
North America Patient SimulatorsMarketRevenue and Forecast to 2027 (US$ Million)
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North America Patient Simulators Market Segmentation
By Product
- Adult Patient Simulator
- Infant Simulator
- Childbirth Simulator
By End User
- Academic Institutes
- Hospitals
- Military Organizations
Company Profiles
- CAE Inc.
- Laerdal Medical
- 3D Systems, Inc.
- Gaumard Scientific
- Kyoto Kagaku Co., Ltd.
- Simulab Corporation
- Simulaids
- Surgical Science
- Mentice AB
- Limbs & Things LTD
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Patient Simulators Market – By Product
1.3.2 Patient Simulators Market – By End User
1.3.3 Patient Simulators Market – By Country
2. Patient Simulators Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Patient Simulators Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.3 Expert Opinion
5. North America Patient Simulators Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Minimally Invasive Treatment Methods
5.1.2 Growing Technological Advancement
5.2 Key Market Challenge
5.2.1 High Cost Associated with Patient Simulators
5.3 Key Market Opportunity
5.3.1 Rising Awareness on Simulation Education
5.4 Future Trend
5.4.1 Virtual Reality and Augmented Reality in Patient Simulators
5.5 Impact analysis
6. Patient Simulators Market – North America Analysis
6.1 North America Patient simulators market Revenue Forecasts and Analysis (us$ Mn)
6.2 Market Positioning of Key Players
7. North America Patient Simulators Market Analysis – By Product
7.1 Overview
7.2 North America Patient Simulators Market Shares By Product, 2019 & 2027 (%)
7.3 ADULT PATIENT SIMULATORS MARKET
7.3.1 Overview
7.3.2 North America Adult Patient Simulators Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Infant Simulators Market
7.4.1 Overview
7.4.2 North America Infant Simulators Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Childbirth Simulators Market
7.5.1 Overview
7.5.2 North America Childbirth Simulators Market Revenue and Forecasts to 2027 (US$ Mn)
8. North America Patient Simulators Market Analysis – By End User
8.1 Overview
8.2 North America Patient Simulators Market Shares by End User, 2019 & 2027 (%)
8.3 Academic Institutes Market
8.3.1 Overview
8.3.2 North America Academic institutes Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Hospitals Market
8.4.1 Overview
8.4.2 North America Hospitals Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Military Organizations Market
8.5.1 Overview
8.5.2 North America Military Organizations Market Revenue and Forecasts to 2027 (US$ Mn)
9. North America Patient Simulators Market Revenue and Forecasts to 2027
9.1 Overview
9.2 North America Patient simulators market Revenue and Forecasts to 2027 (us$ Mn)
9.3 North America Patient Simulators Market Revenue and Forecasts to 2027, By product (US$ Mn)
9.4 North America Patient Simulators Market Revenue And Forecasts to 2027, By End user (US$ Mn)
9.5 North America Patient Simulators Market Share, By Country (2019 & 2027) (%)
9.6 US Patient Simulators Market Revenue and Forecasts to 2027 (US$ Mn)
9.6.1 US Patient Simulators Market Revenue And Forecasts to 2027 (US$ Mn)
9.6.2 US Patient Simulators Market Revenue and Forecasts to 2027, By Product (US$ Mn)
9.6.3 US Patient Simulators Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.7 Canada Patient simulators market Revenue and Forecasts to 2027 (US$ Mn)
9.7.1 Canada Patient Simulators Market Revenue And Forecasts to 2027 (US$ Mn)
9.7.2 Canada Patient Simulators Market Revenue and Forecasts to 2027, By Product (US$ Mn)
9.7.3 Canada Patient Simulators Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.8 Mexico Patient simulators market Revenue and Forecasts to 2027 (US$ Mn)
9.8.1 Mexico Patient Simulators Market Revenue And Forecasts To 2027 (US$ Mn)
9.8.2 Mexico Patient Simulators Market Revenue and Forecasts to 2027, By Product (US$ Mn)
9.8.3 Mexico Patient Simulators Market Revenue And Forecasts to 2027, By End User (US$ Mn)
10. Impact of COVID-19 Pandemic on North America Patient Simulators Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
11. Patient Simulators Market – Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 CAE
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Financial Overview
12.1.4 Product Portfolio
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Laerdal Medical
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 Product Portfolio
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 3D Systems, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Financial Overview
12.3.4 Product Portfolio
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Gaumard Scientific
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Financial Information
12.4.4 Product Portfolio
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Kyoto Kagaku Co., Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Financial Information
12.5.4 Product Portfolio
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Simulab Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Financial Information
12.6.4 Product Portfolio
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Simulaids
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Financial Overview
12.7.4 Product Portfolio
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Surgical Science
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Financial Overview
12.8.4 Product Portfolio
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Mentice AB
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Financial Overview
12.9.4 Product Portfolio
12.9.5 SWOT ANALYSIS
12.9.6 Key Developments
12.10 Limbs & Things LTD
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Financial Overview
12.10.4 Product Portfolio
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Cost of the Few High-Fidelity Simulators
Table 2. North America patient simulators market Revenue And Forecasts to 2027, By product (US$ Mn)
Table 3. North America Patient simulators market Revenue And Forecasts to 2027, By End user (US$ Mn)
Table 4. US Patient Simulators Market Revenue And Forecasts to 2027, By product (US$ Mn)
Table 5. US Patient Simulators Market Revenue And Forecasts to 2027, By End user (US$ Mn)
Table 6. Canada Patient Simulators Market Revenue And Forecasts to 2027, By product (US$ Mn)
Table 7. Canada Patient Simulators Market Revenue And Forecasts to 2027, By End user (US$ Mn)
Table 8. Mexico Patient Simulators Market Revenue And Forecasts to 2027, By product (US$ Mn)
Table 9. Mexico Patient Simulators Market Revenue And Forecasts to 2027, By End user (US$ Mn)
Table 10. Organic Developments Done By Companies
Table 11. Inorganic Developments Done By Companies
Table 12. Glossary of Terms, patient simulators market
LIST OF FIGURES
Figure 1. Patient Simulators Market Segmentation
Figure 2. Patient Simulators Market– By Geography
Figure 3. North America Patient Simulators Market Overview
Figure 4. Adult Patient Simulator Segment Held Largest Share of Patient Simulators Market
Figure 5. US Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. North America Patient Simulators Market, Industry Landscape
Figure 7. North America PEST Analysis
Figure 8. Patient simulators market impact analysis of driver and restraints
Figure 9. North America Patient Simulators Market – Revenue Forecasts and Analysis – 2019- 2027 (US$ Mn)
Figure 10. Market Positioning of Key Players
Figure 11. North America Patient Simulators Market Shares By Product, 2019 & 2027 (%)
Figure 12. North America Adult Patient Simulators Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. North America Infant Simulators Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 14. North America Childbirth Simulators Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. North America Patient Simulators Market Shares By End User, 2019 & 2027 (%)
Figure 16. North America Academic Institutes Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. North America Hospitals Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. North America Military Organizations Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. North America Patient Simulators Market Revenue Overview, by Country (2019) (US$ Mn)
Figure 20. North America Patient Simulators Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. North America Patient Simulators Market Share, By Country (2019 & 2027) (%)
Figure 22. US Patient Simulators Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Canada Patient Simulators Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. Mexico Patient Simulators Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 25. Impact of COVID-19 Pandemic on Patient Simulators Market in North America
Figure 26. Growth Strategies Done by the Companies in the Market, (%)
The List of Companies - North America Patient Simulators Market
- CAE Inc.
- Laerdal Medical
- 3D Systems, Inc.
- Gaumard Scientific
- Kyoto Kagaku Co., Ltd.
- Simulab Corporation
- Simulaids
- Surgical Science
- Mentice AB
- Limbs & Things LTD
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America patient simulators market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America patient simulators market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.