Australia Medical Simulation Market Size & Outlook
Australia medical simulation market, 2018-2030 (US$M)
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Australia medical simulation market highlights
- The Australia medical simulation market generated a revenue of USD 90.6 million in 2023 and is expected to reach USD 315.3 million by 2030.
- The Australia market is expected to grow at a CAGR of 19.5% from 2024 to 2030.
- In terms of segment, healthcare anatomical models was the largest revenue generating healthcare simulation in 2023.
- Web Based Simulators is the most lucrative healthcare simulation segment registering the fastest growth during the forecast period.
Medical simulation market data book summary
| Market revenue in 2023 | USD 90.6 million |
| Market revenue in 2030 | USD 315.3 million |
| Growth rate | 19.5% (CAGR from 2023 to 2030) |
| Largest segment | Healthcare anatomical models |
| Fastest growing segment | Web Based Simulators |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Healthcare Anatomical Models, Web Based Simulators, Simulation Training Services, Healthcare Simulation Software |
| Key market players worldwide | CAE Inc, Laerdal Medical, 3D Systems Corp, Shimadzu Corp, Surgical Science Sweden AB, Limbs & Things, Simulaids, Gaumard Scientific, Mentice, Simulab Corporation |
Other key industry trends
- In terms of revenue, Australia accounted for 3.1% of the global medical simulation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India medical simulation market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 315.3 million by 2030.
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Medical Simulation Market Scope
Medical Simulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia medical simulation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical simulation market will help companies and investors design strategic landscapes.
Healthcare anatomical models was the largest segment with a revenue share of 98.23% in 2023. Horizon Databook has segmented the Australia medical simulation market based on healthcare anatomical models, web based simulators, simulation training services, healthcare simulation software covering the revenue growth of each sub-segment from 2018 to 2030.
The National Health Education and Training in Simulation program is a nationwide training program for healthcare professionals and their educators in Australia. The program also offers e-learning modules to its colleagues outside of Australia.
In addition, the Department of Health and Human Services supports the usage of simulation-based education and training to raise clinical training capacity, efficiency, & quality and encourage the adoption of new & innovative training techniques. Such programs contribute to the market growth.
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Our clientele includes a mix of medical simulation market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia medical simulation market , including forecasts for subscribers. This country databook contains high-level insights into Australia medical simulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia medical simulation market size, by healthcare simulation, 2018-2030 (US$M)
Australia Medical Simulation Market Outlook Share, 2023 & 2030 (US$M)
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