Skip to main content

Global $1.64 Billion Surgical Simulation Market Analysis And Revenue Estimations To 2030: Adoption Of AR And VR Technologies In Surgical Simulation Gaining Momentum

DUBLIN, Nov. 30, 2021 /PRNewswire/ -- The "Surgical Simulation Market Research Report: By Offering, End User - Global Industry Analysis and Revenue Estimation to 2030" report has been added to ResearchAndMarkets.
  • Author:
  • Publish date:

DUBLIN, Nov. 30, 2021 /PRNewswire/ -- The "Surgical Simulation Market Research Report: By Offering, End User - Global Industry Analysis and Revenue Estimation to 2030" report has been added to ResearchAndMarkets.com's offering.

The global surgical simulation market value in 2020 was $366.5 million, and it will witness a 16.9% CAGR between 2021 and 2030, to reach $1,643.7 million by 2030

The market is primarily growing due to Rising Volume of Surgeries: Surgeries are performed for the treatment of chronic and acute diseases, diagnostic purposes, healing injuries, and improving the appearance. Thus, with the surgery volume increasing due to people's rising disposable income and surging prevalence of chronic diseases, the demand for surgical simulators is escalating too.

The boom in the elderly population is another major surgical simulation market driver because this population is at a high risk of physical injuries and acute and chronic diseases. Moreover, older people also worry more about their appearance, which is why they are increasingly opting for aesthetic procedures, the skills for which can be enhanced on simulators.

The COVID-19 pandemic has had a negative impact on the surgical simulation market due to the closure of most of the surgery departments around the world. This, combined with the shutdown of manufacturing facilities and import and export operations (except for essential goods), hampered the trade of surgical simulators.Products are currently the larger bifurcation in the surgical simulation market, based on offering. The number of surgeries is skyrocketing owing to the increasing prevalence of chronic and acute disease, rising appearance consciousness, and surging cases of physical injuries owing to violence, burns, and accidents. Simulators are widely used by residents and students to learn surgery, as well as by experienced surgeons to improve their skills.In the coming years, the academic & research institutes category is expected to grow the fastest in the surgical simulation market, on the basis of end user. Such places generate the greatest requirement for surgical simulators to train medical students in the field and prepare them for being actual surgeons. North America dominated the surgical simulation market in the past on account of the rising number of surgeries, growing chronic disease prevalence and geriatric population, advanced healthcare infrastructure, and favorable medical insurance and reimbursement scenario.

Additionally, the market is driven by the collaborations between healthcare firms and market players for the procurement of such systems.

Market Dynamics

Trends

  • Adoption of AR and VR technologies in surgical simulation
  • Increasing collaborations and partnerships

Drivers

  • Increasing number of surgical procedures
  • Development of technologically advanced products
  • Growing geriatric population
  • Rising preference for minimally invasive surgeries
  • Impact analysis of drivers on market forecast

Restraints

  • High installation and operational costs of surgical simulation systems
  • Impact analysis of restraints on market forecast
  • Opportunities
  • Growing awareness on surgical simulation

The most-significant companies in the global surgical simulation market include

  • CAE Inc.
  • Mentice AB
  • 3D Systems Corporation
  • Simulab Corporation
  • Limbs & Things Ltd.
  • MEDICAL-X
  • Voxel-Man
  • VirtaMed AG
  • Inovus Ltd.
  • eoSurgical Ltd.
  • 3-Dmed
  • Laparo Sp. z.o.o.
  • Gaumard Scientific Company Inc.
  • LAERDAL MEDICAL AS
  • CATHI GmBH
  • Simendo Company
  • Surgical Science Sweden AB
  • Intuitive Surgical Inc.
  • Simulated Surgical Systems LLC

Key Topics Covered: Chapter 1. Research Background1.1 Research Objectives1.2 Market Definition1.3 Research Scope1.4 Key Stakeholders Chapter 2. Research Methodology2.1 Secondary Research2.2 Primary Research2.3 Market Size Estimation2.4 Data Triangulation2.5 Currency Conversion Rates2.6 Assumptions for the Study Chapter 3. Executive Summary Chapter 4. Introduction4.1 Definition of Market Segments4.1.1 By Offering4.1.1.1 Products4.1.1.1.1 Endoscopic4.1.1.1.2 Laparoscopic4.1.1.1.3 Cardiac4.1.1.1.4 Gynecological4.1.1.1.5 Arthroscopic4.1.1.1.6 Neurological4.1.1.1.7 Others4.1.1.2 Services4.1.1.2.1 Educational4.1.1.2.2 Technical4.1.1.2.3 Others4.1.2 By End User4.1.2.1 Academic & research institutes4.1.2.2 Hospitals4.1.2.3 Surgical clinics4.1.2.4 Military organizations4.1.2.5 Others4.2 Market Dynamics4.2.1 Trends4.2.2 Drivers4.2.3 Restraints4.2.4 Opportunities4.3 Porter's Five Forces Analysis4.4 Covid-19 Impact on Surgical Simulation Market4.5 Value Chain for Surgical Simulators4.6 Supply Chain of Surgical Simulation Market4.7 Use of 3D Printing for Surgical Simulator Manufacturing and Other Medical Applications4.8 Average Spending on Healthcare Professional Training Chapter 5. Global Medical/Healthcare Simulation Market5.1 Global Medical/Healthcare Simulation Market5.2 Global Patient Simulation Market, by Region5.3 Global Artificial and Traditional Surgical Simulation Market5.4 Global Tissue-Based Simulation Market Chapter 6. Global Market Size and Forecast6.1 By Offering6.1.1 Surgical Simulation Products Market, by Type6.1.2 Surgical Simulation Products Market, by Type6.1.3 Surgical Simulation Services Market, by Type6.2 By End User6.3 By Region Chapter 7. North America Market Size and Forecast7.1 By Offering7.1.1 Surgical Simulation Products Market, by Type7.1.2 Surgical Simulation Services Market, by Type7.2 By End User7.3 By Country7.3.1 U.S. Surgical Simulation Market7.3.1.1 By offering7.3.1.1.1 Surgical simulation products market, by type7.3.1.1.2 Surgical simulation services market, by type7.3.1.2 By end user7.3.2 Canada Surgical Simulation Market7.3.2.1 By offering7.3.2.1.1 Surgical simulation products market, by type7.3.2.1.2 Surgical simulation services market, by type7.3.2.2 By end user Chapter 8. Europe Market Size and Forecast Chapter 9. APAC Market Size and Forecast Chapter 10. LATAM Market Size and Forecast Chapter 11. MEA Market Size and Forecast Chapter 12. Competitive Landscape12.1 Pricing Model of Key Players12.2 Pricing of Key Products12.3 Key Start-Ups in Artificial Simulation Industry12.4 Competitive Analysis of Key Players12.4.1 Ranking of Key Players12.4.2 Product Benchmarking of Key Players12.5 Strategic Development Activities of Key Players12.5.1 Collaboration and Partnerships12.5.2 Product Launches12.5.3 Funding Chapter 13. Company Profiles13.1 Business Overview13.2 Product and Service Offerings13.3 Key Financial SummaryFor more information about this report visit https://www.researchandmarkets.com/r/tocyo2

Media Contact:

Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716

View original content: https://www.prnewswire.com/news-releases/global-1-64-billion-surgical-simulation-market-analysis-and-revenue-estimations-to-2030-adoption-of-ar-and-vr-technologies-in-surgical-simulation-gaining-momentum-301433772.html

SOURCE Research and Markets