Scope of the Study
The increasing technological advancement in surgery simulators is helping to triggers global surgery simulators market in the forecasted period. A surgery simulator is a type of computer technology which is developed to simulate surgical procedures for the purpose of training medical professionals, excluding the need of a patient, cadaver or animal. The technology provides the opportunity for medical trainees to practice their surgical skills prior to entering the operating theatre, allowing detailed feedback and objective assessment of their performance. The technological advancement in surgical simulators includes use of 3D printing technology, use of surgical robot
The market study is being classified by Type (Laparoscopic, Endoscopic, Neurological, Gynecological, Cardiac and Arthroscopic) and major geographies with country level break-up.
Mentice AB (Sweden), Surgical Science Sweden AB (Sweden), Simulab Corporation (United States), Limbs & Things Ltd. (United Kingdom), MEDICAL-X (United States), Voxel-Man (Germany), VirtaMed AG (Switzerland), OSSimTech (Canada), Simulab Corporation (United States) and 3D Systems Corporation (SIMBIONIX) (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are CAE Inc. (Canada), Gaumard Scientific Company (United States) and Laerdal Medical AS (Norway).
The global surgical stimulator market is fragmented due to the presence of the number of market players. to gain the market share the key player is focusing on technological innovation in solutions, marketing strategies, products expansion, and mergers and acquisitions. Research Analyst at AMA predicts that European Players will contribute to the maximum growth of Global Surgery Simulators market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Surgery Simulators market by Type, Application and Region.
On the basis of geography, the market of Surgery Simulators 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). North America region held largest market share in the year 2018. If we see Market by Services, the sub-segment i.e. Educational will boost the Surgery Simulators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Academic & Research Institutes will boost the Surgery Simulators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Demand for Endoscopic Surgery Training
- Rising Prevalence of Chronical Diseases
Market Trend
- High Adoption of Augmented Reality and Virtual Reality Technologies
- Increasing Number of Surgery Performed Globally
- Upsurging Emphasis on Patient Safty and Outcomes
Restraints
- High Setup Cost Associated with Surgical Stimulators
Opportunities
- Huge Market Potential In Emerging Countries
- Advancement in Surgical Stimulations Solutions
Challenges
- Limitation of a Complete Real Situation
Market Leaders and their expansionary development strategies
On 6th August 2019, Mentice AB, a world leader in simulation solutions for endovascular therapies has introduced software subscription for its VIST endovascular simulation platform to hospitals and health systems.
Key Target Audience
Surgical Stimulators Providers, Medical Research Institutes, Industry Associations, Government Regulatory Bodies, Government and Private Research Organizations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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