Medical Animation Market Size To Reach $1.42 Billion By 2030

Medical Animation Market Growth & Trends

The global medical animation market size is expected to reach USD 1.42 billion by 2030, registering a CAGR of 20.1% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. Key factors driving the market growth include the higher adoption of medical animation marketing by medical devices manufacturers and pharmaceutical products. It helps in explaining product features and communicating associated information with end users. 

The information represented by animation is more appealing and easy to transmit. These aforementioned benefits are expected to boost the usage rate in near future. In addition, the paradigm shift, in healthcare information technology, such as digitalization, is anticipated to contribute towards the market growth in the next few years. The market has gained momentum after the introduction of cloud-based platforms and 3D printing technology in healthcare. 

Furthermore, the introduction of technologically advanced software for image analysis, such as Medical Image Processing, Analysis, and Visualization can be attributed to the market growth. This application enables researcher from remote sites share valuable information and analyze the research data to detect, monitor, and treat medical disorders.  Medical animation is a versatile tool for communicating complex scientific procedures in an interactive manner and used in a variety of business aspects such as marketing, web presentations, social media, tradeshows and advertising. Increasing adoption of this technology is expected to serve as a potential growth driver in the future. 

The increasing investment by private and public sector, growing geriatric population coupled with increasing demand for computer-aided diagnostics, and incidence of chronic diseases are major factors fueling the increasing usage rates of this technology. In addition, this technology found application in various sectors, for instance; it helps healthcare professionals explain human body metabolism to patients, which helps in reducing patient’s anxiety level and educates them about various disease condition.  

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Medical Animation Market Report Highlights

• Flash animation is expected to be one of the most lucrative segments in near future due to increasing demand for patient engagement by healthcare professionals. On the other hand, 3D animation found application in clinical research studies, improving patient education, and simplifying complex procedures in bioscience studies by representing them into an animated form.

• Growing demand for technologically advanced medical animation solutions is expected to contribute towards the growth of 3D animation during the forecast period.

• In 2023, the drug mechanism of action segment accounted for the largest revenue share. The use of animation for explaining drug interactions and metabolic studies in new drug development are key contributing factors for this segment growth. This technology is used in animating preproduction, full production and post production process of drug molecules.

• However, the patient education segment is expected to emerge as the fastest growing segment as awareness levels amongst patients, introduction of user-friendly apps and concerns related to health information are increasing. For instance, introduction of 3D medical application such as complete anatomy in November 2015 by 3D4 medical used for anatomical studies.

• Currently, oncology segment dominates the market and is expected to be the fastest growing therapeutic area using this technology. Increasing incidence of cancer worldwide is a key contributing factor for growing demand of medical animation studies to explain disease mechanisms to patients.

• For instance, XVIVO, showcased animation software at the American Society of Clinical Oncology (ASCO) and also helped in the depiction of mechanism of action of Bavituximab, an investigative drug, believed to strengthen the immunity system in cancerous environment.

• Other end users of this market are life science companies, medical device manufactures, government authorities, forensic department, medico-legal firms, and insurance provider companies. This segment is expected to grow at fastest CAGR due to wide usage of 3D bioprinting and biosimulation studies in these fields.

• For example, in forensic studies, a medical animation is used to elaborate crime scene and medico-legal firms use 3D animation to explain pain management procedures, surgical techniques, and presenting anatomical studies. There are various surgical and clinical audiovisual animation studies available online.

• Asia Pacific is expected to be the fastest growing region during the forecast period. The growing geriatric population, increase in the chronic diseases, and ongoing development in healthcare sector is the factors anticipated to provide future growth platform for this industry in the next 7 years.

• The medical animation market is experiencing high competition as there are many small and big organization that offer these services. Introduction of low-cost software solutions for medical simulation is expected to boost the competition and is also expected to benefit several end users over the forecast period.

• Companies are involved in adopting sustainable strategies to gain competitive edges such as new product launch, product up gradation and collaborative agreements. For example, In April 2016, Fusion medical animation launched biotech brand services aimed at designing and developing innovative visuals for better understanding of complex products The aforementioned factors keeps the market rivalry at higher level.

Medical Animation Market Segmentation

Grand View Research has segmented the global medical animation market report based on type, therapeutic area, application, end use, and region: 

Medical Animation Type Outlook (Revenue, USD Million, 2018 - 2030)

• 3D Animation

• 2D Animation

• 4D Animation

• Flash Animation

Medical Animation Therapeutic Area Outlook (Revenue, USD Million, 2018 - 2030)

• Oncology

• Cardiology

• Plastic Surgery

• Dental

• Others

Medical Animation Application Outlook (Revenue, USD Million, 2018 - 2030)

• Drug MoA

• Patient Education

• Surgical Training & Planning

• Cellular & Molecular Studies

• Others

Medical Animation End-Use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Life Science Companies

• Academic Institutes

• Medical Device Manufacturers

• Others

Medical Animation Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • Japan

  • China

  • India

  • Australia

  • South Korea

  • Thailand

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players of Medical Animation Market

• INFUSE MEDIA GROUP, LLC.

• Medmovie.com

• Nucleus Medical Media

• Radius Digital Science

• Scientific Animations

• Trinsic Animation

• Viscira

• Epic Systems Corporation

• XVIVO

• Ghost Productions, Inc.

• Intervoke

• DG INTERACTIVE, LLC