China medical simulation market is estimated to grow considerably at a CAGR of around 13.0% during the forecast period. Chinese medical simulation market is expected to witness the significant growth in the forecast period owing to vast patient base and growing adoption of advanced technology in healthcare sector in the country. This has opened up a new platform for many healthcare providers to use simulations in medical specialties, in particular minimally invasive surgeries. Minimally invasive surgeries require proper training and knowledge about the procedure to be conducted, which may require simulation as a proper training tool. Thus, with the growing minimally invasive surgeries market in the country, the medical simulation market is expected to grow significantly in the forecast period.
Significant rise in the number of institutes using medical simulation have been observed in the country. According to the Bristol Medical Simulation Center, more than 100 research institutes using medical simulation have opened up in past 20 years in the country. Chinese healthcare providers are extensively using simulation as a training tool for minimally invasive surgeries. Many of the Chinese healthcare devices manufacturers have developed the innovative minimally invasive surgeries (MIS) instruments. For instance, Tianjin University (China) has developed a minimally invasive robotic system, Micro Hand S which has successfully performed clinical surgery in 2015. Technological advancements in the MIS instruments further paves the way for MIS and simulation in medical specialties in the country.
China medical simulation market is segmented on the basis of product and service, fidelity and end-users. On the basis of product and services, the market is further segmented into web-based simulation, model-based simulation and simulation training services. China model-based simulation market is growing at the significant CAGR during the forecast period. The market growth is owing to increasing adoption of patient simulators in hospitals and educational institutions. Moreover, on the basis of fidelity, the market can be further segmented into low, medium and high. The market for low fidelity was estimated to be the leading market in the end-user segment. On the basis of end-users, the market can be further segmented into academic institutes and research centres; military organizations and hospitals.
The companies which are contributing to the growth of China medical simulation market include CAE Healthcare, Kavo Dental, Kyoto Kagaku Co., Ltd., Laerdal Medical, and Trandomed 3D Inc. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
Research Methodology
The market study of the China medical simulation market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. China Medical Simulation Market by Products and Services
5.1.1. Web-based Simulation
5.1.2. Model-based Simulation
5.1.3. Simulation Training Services
5.2. China Medical Simulation Market by Fidelity
5.2.1. Low Fidelity
5.2.2. Medium Fidelity
5.2.3. High Fidelity
5.3. China Medical Simulation Market by End-Users
5.3.1. Academic Institutes and Research Centers
5.3.2. Military Organizations
5.3.3. Hospitals
6. Company Profiles
6.1. CAE Healthcare
6.2. Flexsim Software Products, Inc.
6.3. Kavo Dental
6.4. KEZLEX (Japan Medical Company Inc.)
6.5. Kyoto Kagaku Co., Ltd.
6.6. Laerdal Medical
6.7. Mentice
6.8. Moog Inc.
6.9. Trandomed 3D Inc.
1. CHINA MEDICAL SIMULATION MARKET RESEARCH AND ANALYSIS BY PRODUCTS AND SERVICES, 2018-2025 ($ MILLION)
2. CHINA MEDICAL SIMULATION MARKET RESEARCH AND ANALYSIS BY FIDELITY, 2018-2025 ($ MILLION)
3. CHINA MEDICAL SIMULATION MARKET RESEARCH AND ANALYSIS BY END-USERS, 2018-2025 ($ MILLION)
1. CHINA MEDICAL SIMULATION MARKET SHARE BY PRODUCTS AND SERVICES, 2018 VS 2025 (%)
2. CHINA MEDICAL SIMULATION MARKET SHARE BY FIDELITY, 2018 VS 2025 (%)
3. CHINA MEDICAL SIMULATION MARKET SHARE BY END-USERS, 2018 VS 2025 (%)