Medical Animation Market Scope
The medical animation industry has a revenue of around USD 15 billion according to the research done. The healthcare industry in the United States has been growing a great deal too, and medical animation has become central to healthcare marketing. Medical animation is a short description that is made by using 3D computer graphics in movement, for a scientific, medical, or pharmacologic, physiological topic and is regularly used as a method to describe complex medical science concepts simply and clearly. It has been rendered for educational purposes on a topic related to medicine, most often, physiology or surgery, but it could be any number of medically related topics.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Infuse Medical (United States), Hybrid Medical Animation, Inc. (United States), Ghost Productions, Inc. (United States), Scientific Animations, Inc. (United States), INVIVO Communications, Inc. (Canada), Random42 Scientific Communication (United Kingdom), Radius Digital Science (United States), Nucleus Medical Media, Inc. (United States), AXS Studio, Inc. (Canada) and Visible Body (United States) |
CAGR | 20.0% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Medical Animation market throughout the predicted period.
Infuse Medical (United States), Hybrid Medical Animation, Inc. (United States), Ghost Productions, Inc. (United States), Scientific Animations, Inc. (United States), INVIVO Communications, Inc. (Canada), Random42 Scientific Communication (United Kingdom), Radius Digital Science (United States), Nucleus Medical Media, Inc. (United States), AXS Studio, Inc. (Canada) and Visible Body (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Elara Systems, Inc. (United States), Animated Biomedical Productions (Australia), XVIVO Scientific Animation (United States), Blausen Medical Communications, Inc. (United States) and Trinsic Medical Animation, LLC. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Medical Animation market by Type , by Application (Branding animation, Medical devices animation, Surgery and medical procedures animations, Pharmaceutical technologies and platforms animations, Mechanism of action (MoA) animation and Cellular and molecular animation) and Region with country level break-up.
On the basis of geography, the market of Medical Animation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In March 2023, Medical Media Interactive unveiled a revolutionary Augmented Reality (AR) medical animation that empowers healthcare professionals to explore the intricate anatomy of the human brain in real-time.
In March 2020 Animiz Launches a Cartoon Animation Maker for Creating Medical Cartoon Animations. Medical templates can help users design medical video animations for healthcare communication. Users can inform and influence targeted groups of people, including patients and medical professionals by creating webinars, case study videos, explainer videos, marketing videos, education animations, and much more. Animiz provides a wide variety of medical animation templates that can be customized to suit the purpose or target viewers.
Influencing Trend:
Growing preference for 3D medical/surgical animation for the solution to educate and train the purchasers and ultimate users of new technology, procedures, and pharmaceuticals.
Market Growth Drivers:
Rising Adoption of Medical Animation By Life Science & Medical Device Companies and Growing Pharmaceutical/Biopharmaceutical and Medical Devices Industry
Challenges:
Shortage of certified medical animators
Restraints:
High cost of medical animation services
Opportunities:
Increasing your healthcare business in emerging nations is booming the demand for healthcare animation
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Medical Animation Providers, Government Regulatory and Research Organizations and End-Use Industry