Patient Simulator Market: Key Success Factors, Growth Trends & Forecast 2021-2026

Stratview Research publishes a new report titled Patient Simulator Market which is segmented by Intensity type (High-Fidelity Simulator, Medium-Fidelity Simulator, and Low-Fidelity Simulator), by End-Use Type (Academic & Research Institute, Hospitals, and Ambulances), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Insights

The global patient simulator market was valued at US$ 1,016.8 million in 2020 and is projected to reach US$ 1,990.6 million by 2026, registering a significant CAGR of 11.3%, during 2021-2026.

Global Patient Simulator Market Report Segments:

Based on the intensity type,the patient simulator market is segmented as high fidelity, medium-fidelity, and low fidelity patient simulators.

The degree to which the manikins can reproduce certain human physiological activities is determined by the level of faithfulness. Low fidelity patient simulators, also known as task trainers, are simple models that are used for repetitive task training such as inserting urinary catheters or beginning IVs. Learners can practice suturing and changing dressings on simple silicon wound models.

Similarly, the manikins for basic cardiopulmonary resuscitation are widely used to teach professionals and the general public how to conduct chest compressions and rescue breathing (CPR training). Manikins with a medium level of realism are more complicated. Many of them have electrical components that simulate basic physiological functions including cardiac and breathing activities. These manikins can be used in simple simulations where the learner has to practice assessing vital signs or in simple circumstances where advanced physiological function interpretation is not necessary. They’re often employed in basic nursing education. When a manikin’s functions closely mirror human physiology, it is said to be a high-fidelity patient simulator. To name a few features, high-fidelity manikins have rising and falling chests, changing respiration rates, audible chest noises, palpable pulses, audible cardiac sounds, normal and pathological cardiac rhythms including asystole, and bowel sounds. They have the ability to cry, constrict their pupils, shake as if having a seizure, and talk.

Based on the end-use type, the academics and research institute segment is predicted to lead the market growth in the foreseen future. This is primarily due to the increased use of simulators in the training programs at academic institutes. The segment is subjected to grow at an impressive CAGR of 11.4%, during 2021-2026.

In terms of regions, North America is expected to remain the largest market for patient simulators during the forecast period. This region has the presence of a large number of major players such as CAE Inc., Laerdal Medical, Gaumard Scientific Company, and Nasco HealthCare, making the region the growth engine of the global patient simulation market. Most of the healthcare simulation providers have their presence in the region to address the requirements of the academic & research institutes and hospitals.

Why is this report beneficial?

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

It also offers –

  • Market Overview
  • Key Manufacturers Profiles
  • Market Analysis by Region
  • Market Segment by Type
  • Market Segment by Application
  • Raw Material and Supply Chain
  • Other Key Research Findings

All the data compiled by the market experts is the outcome of rigorous primary and secondary research conducted on the market players and reliable sources, including company white papers, journals, press releases, and more.

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Key players active in the market –

  • Laerdal Medical
  • Nasco Healthcare
  • CAE Inc.
  • 3B Scientific
  • Gaumard Scientific Company Inc.
  • 3D Systems
  • Intelligent Ultrasound
  • Limbs & Things
  • Mentice AB
  • Surgical Science

Customization of the report –

At Stratview Research, the market researchers make a note of opportunities, drawbacks/bottlenecks, estimations, and information related to the market using experienced skills and verified methodologies. Our research reports offer an exceptional experience of innovative solutions and outcomes to the users. If required, user can also opt for customization of the report.

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