Europe Medical Simulation Market Size & Outlook, 2023-2030
Europe medical simulation market, 2018-2030 (US$M)
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Europe medical simulation market highlights
- The Europe medical simulation market generated a revenue of USD 724.8 million in 2023.
- The market is expected to grow at a CAGR of 16.4% 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.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 724.8 million |
| Market revenue in 2030 | USD 2,100.6 million |
| Growth rate | 16.4% (CAGR from 2023 to 2030) |
| Largest segment | Healthcare anatomical models |
| Fastest growing segment | Web Based Simulators |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 25.1% of the global medical simulation market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,690.7 million by 2030.
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Medical Simulation Market Scope
Medical Simulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 48.33% in 2023. Horizon Databook has segmented the Europe 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.
In Europe, the Association for Simulated Practice in Healthcare (ASPiH) is a nonprofit association particularly working for improving professional performance and patient outcomes through simulated practice and innovative ways of training & learning.
Key factors driving the growth of the region include growing concerns about patient safety, rising demand for minimally invasive treatments, and continuous technological advancements. Minimally invasive practices are becoming the standard for surgical techniques at a very rapid rate for several surgical procedures.
The market in Europe is highly fragmented and with many small- and medium-sized companies. Moreover, the market has been witnessing the entry of new players. Existing players are differentiating themselves from other players based on quality, technology, etc.
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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 continent-level data and insights on the Europe medical simulation market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical simulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe medical simulation market size, by country, 2018-2030 (US$M)
Europe Medical Simulation Market Outlook Share, 2023 & 2030 (US$M)
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