The European medical simulation market is estimated to grow modestly, at a CAGR of around 11.4%, during the forecast period. The European market is driven by the increasing adoption of minimally invasive treatments across the region. Germany and France are expected to dominate the overall European region during the forecast period. Moreover, the demand for medical simulation products is also expected to increase in the region owing to the increasing prevalence of non-communicable diseases, high focus on improving patient’s quality of life and increasing healthcare expenditure in the region.

UK, Spain, Germany, France, and Italy are the major economies of Europe that are contributing significantly towards the growth of the market. In addition, the rising aging population is also an important driving factor affecting the demand for minimally invasive surgeries in the region which is expected to drive the growth of the medical simulation market in the coming years. The European market is expected to grow because it is one of there are numerous companies in the region that are venturing into the virtual reality market in the region. As these companies engage in expanding their portfolio by the emerging healthcare sector, the opportunities for the growth of the medical simulation market is expected to grow significantly over the forecast period.

The companies which are contributing to the growth of the European medical simulation market include TruCorp Ltd., EMD Services Ltd., Surgical Science Inc., Limbs & Things Ltd., and 3B Scientific GmbH. 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. For instance, in November 2017, Limbs & Things Ltd. announced the launch of the 10th edition kit of the Advanced Trauma Life Support (ATLS). The product is expected to assist training providers during the treatment of trauma patients.

Research Methodology

The market study of the European 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

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for medical simulation manufacturers, healthcare providers, government organizations for overall market analysis, and competitive analysis. 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

1. European Medical Simulation Market Research and Analysis by Product & Service

2. European Medical Simulation Market Research and Analysis by Fidelity

3. European Medical Simulation Market Research and Analysis by End-Users

The Report Covers

• Comprehensive research methodology of the European medical simulation market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the European medical simulation market.
• Insights about market determinants which are stimulating the European medical simulation market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.