The Germany medical simulation market is estimated to grow modestly, at a CAGR of around 11.4%, during the forecast period. The Germany market is driven by the increasing adoption of minimally invasive procedures across the country. Moreover, a rise in colectomies procedures has reported in Germany. For instance, according to Eurostat, Germany recorded the highest frequency of colectomies, 107.7 colectomies per 100,000 inhabitants in 2015. The country has also reported the highest frequency of pulmectomies with 39.1 of these operations per 100 000 inhabitants.  The data shows a significant number of colectomies and pulmectomies procedures performed in Germany, which in turn is expected to augment training for the surgical trainees engaging in surgical procedures for colectomies and pulmectomies. This is one of the key factors which is expected to create opportunities for the augmentation of the market over the forecast period.

The Germany 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. Germany 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 hold a significant share in the market in the end-user segment. On the basis of end-users, the market can be further segmented into academic institutes and research centers; military organizations and hospitals.

The companies which are contributing to the growth of the Germany medical simulation market include TruCorp Ltd., EMD Services Ltd., Surgical Science Inc., Limbs & Things Ltd., Kavo Dental, VRmagic Holding AG 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. 

Research Methodology

The market study of the Germany 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 product and services companies, 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. Germany Medical Simulation Market Research and Analysis by Product & Service

2. Germany Medical Simulation Market Research and Analysis by Fidelity

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

The Report Covers

• Comprehensive research methodology of the Germany 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 Germany medical simulation market.
• Insights about market determinants which are stimulating the Germany medical simulation market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.