China Medical Simulation Market Size & Outlook, 2023-2030
China medical simulation market, 2018-2030 (US$M)
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China medical simulation market highlights
- The China medical simulation market generated a revenue of USD 135.6 million in 2023 and is expected to reach USD 402.9 million by 2030.
- The China market is expected to grow at a CAGR of 16.8% 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 135.6 million |
| Market revenue in 2030 | USD 402.9 million |
| Growth rate | 16.8% (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, China accounted for 4.7% 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 |
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China 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 98.45% in 2023. Horizon Databook has segmented the China 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.
China’s medical simulation market is worth USD 65.5 million in 2020. The government has established some action plans for deployment of new innovative technology, including 3D printing and telehealth related to healthcare services in China.
Simulated patients are used in medical education, research, and evaluation. These simulated patients create clinical environment and help in understanding and developing clinical skills.
In addition, growing number of surgeries, rising substitution of open surgeries with minimally invasive surgeries, and improving accessibility of minimally invasive surgeries in China are expected to increase the demand for the product.
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Our clientele includes a mix of medical simulation market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China medical simulation market , including forecasts for subscribers. This country databook contains high-level insights into China medical simulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China medical simulation market size, by healthcare simulation, 2018-2030 (US$M)
China Medical Simulation Market Outlook Share, 2023 & 2030 (US$M)
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