Patient Simulators Market (Covid-19) Impact and Analysis By 2025 | CAE Healthcare, Laerdal Medical, 3D Systems,Gaumard Scientific, Kyoto Kagaku Co.,Simulab Corporation, Simulaids, Surgical Science, Surgical Science and Limbs & Things LTD among others.

The Insight Partners analysts forecasts the latest report on “Patient Simulators Market (Covid-19) Impact and Analysis By 2025”, according to report; The Patient Simulators Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the Patient Simulators Market.

The study provides details such as the market share, Market Insights, Strategic Insights, Segmentation and key players in the Patient Simulators Market.

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The global patient simulators market is expected to reach US$ 2,373.1 Mn in 2025 from US$ 694.6 in 2017. The market is estimated to grow with a CAGR of 16.8% from 2018-2025.

Some of the Major Market Players Are:

CAE
Laerdal Medical
3D Systems, Inc.
Gaumard Scientific
Kyoto Kagaku Co., Ltd.
Simulab Corporation
Simulaids
Surgical Science
Mentice AB
Limbs & Things Ltd.
Market Insights

Increasing Demand for Minimally Invasive Treatment Methods

A minimally invasive medical procedure is generally carried out by entering the device in body through the skin or through a body cavity or anatomical opening, but with the smallest damage possible to these structures. Minimally invasive surgeries are being performed widely during the recent years.

In the last few years, remarkable development has been made in the field of cardiovascular disease treatment. However, these complex medical procedures require a combination of rich experience and technical skills. The complex treatment of the cardiovascular diseases are made easier with the help of simulators. The system can generate realistic 3D vascular models segmented from patient datasets, which include a beating heart, and deliver a real-time computation of force and force feedback module for patient simulators.

The medical simulators offer clinicians the most realistic hands-on experience in medical training using surgical simulators to perform minimally invasive surgery (MIS) and interventional procedures, at the least patient risk. Nowadays, there are laparoscopic surgery simulators with haptic or tactile feedback, wet-lab courses involving live animals in laparoscopic or microsurgery, and virtual reality computer programs addressing a widening range of surgical and interventional procedures.

GO-SMART is a European FP7 ICT-Project initiated in April 2013, which aims to build a generic open-source software simulation environment to plan the image guided percutaneous minimally invasive cancer treatment (MICT). The environment allows the interventional radiologist (IR) in selecting the optimal type of MICT by pretending the personalized result of the different treatments and medical protocols in patient specific conditions.

High Cost of Patient Simulators

Patient simulators are combined with computer software that replicate normal and abnormal bodily answers to asthma attack and therapeutic interventions. Costs associated with the use of medium- and high-fidelity manikins were calculated to determine the total cost for each. The cost-utility analysis with the help of multiattribute utility function was conducted for the combination costs and three outcomes of clinical reasoning, knowledge acquisition and student satisfaction from a quasi-experimental study to arrive at an overall cost utility. For instance, 3B Scientific Patient Care Manikin BASIC, for simulation in healthcare was developed for scenario-based training of basic patient care and nursing skills. The simulator costs approximately US$ 2700. Moreover, the 3B Scientific Birthing Simulator P90 PRO is developed for the skill training in normal deliveries, in complicated deliveries and in obstetric emergencies. This simulator costs around US$ 1500.

Virtual Reality and Augmented Reality in Patient Simulators

Virtual reality (VR) is the combination of human senses that include touch & sight, hearing, with software & hardware to create an immersive examining virtual environment. VR is a three-dimensional (3D) computer generated environment that an individual can explore and interact with, and also perform a series of actions or manipulate objects within the environment. Augmented reality (AR) is comprised of virtual reality superimposed into the real life, where users are able to interact with virtual contents of the real world. These virtual contents are basically in the form of digital imagery and sound which include videos or 3D models.

Strategic Insights

Product launch/update and agreements & collaborations were observed as the most adopted strategy in global patient simulator industry. Few of the product launches and agreements made by the players in the market are listed below:

2018: 3D Systems launched Simbionix ARTHRO Mentor Express training simulator which designed to help medical professionals learn and perfect surgical procedures for knees, shoulders and hips on a portable and affordable tabletop platform.

2016: CAE Healthcare and the American Society of Anesthesiologists (ASA), together signed a collaborative agreement to design and develop an interactive screen-based simulation product.

MARKET SEGMENTATION

By Product

• Adult Patient Simulator
• Infant Simulator
• Childbirth Simulator

By End User

• Academic Institutes
• Hospitals
• Military Organizations

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Patient Simulators Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2025 with respect to five major regions. The Patient Simulators Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Promising Regions & Countries Mentioned in The Patient Simulators Market Report:

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East & Africa

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Major Features of Patient Simulators Market Report:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Patient Simulators market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global Patient Simulators market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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