Market Overview:
The global surgical simulator market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and technological advancements in surgical simulators. Based on type, the medical manikin segment is expected to account for the largest share of the global surgical simulator market in 2018. This segment is also projected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030. The laparoscopic simulator segment is expected to grow at a CAGR of 8% during the same period, followed by endoscopy simulator (7%) and others (6%). Based on application, hospitals are estimated to account for the largest share of the global surgical simulator market in 2018, followed by academic and research institutes and surgical clinics.
Product Definition:
A surgical simulator is a medical device that replicates the experience of surgery for training purposes. They are used to teach surgeons new techniques, and to practice difficult procedures.
Medical Manikin:
Medical manikin, also known as dummies or wax figures, are used in surgical simulators for training and educational purposes. The medical manikin is a lifelike figure that is made up of wax and it represents the human body during surgeries. It helps surgeons to visualize the human anatomy while performing an operation on it. Medical manikins are mostly used in pre-operative planning procedures for minimally invasive surgeries.
Laparoscopic Simulator:
Laparoscopic simulator is a computer program that allows the trainee to perform laparoscopic procedures. It enables the user to practice on a virtual patient, which gives them an opportunity to learn and master surgical skills before going for it in real life surgeries.
The demand for laparoscopic simulators is increasing due to technological advancements such as high definition 3D simulation, 4D/6D technology, motion simulation with realistic visual effects.
Application Insights:
Based on application, the global surgical simulator market is segmented into academic and research institutes, hospitals, surgical clinics/spas, and others. The academic and research institutes segment dominated the market in 2017 owing to factors such as increasing government funding for medical education along with rising number of competitively-funded R&D projects. For instance, according to data published by Association of European Medical Universities (AEMU), there are more than 400 active Simulator Research projects across 28 countries in Europe alone.
The hospital segment is expected to grow at a significant rate over the forecast period due to increasing investments by governments in healthcare infrastructure development along with growing emphasis on improving patient safety through innovation driven technologies such as VRS. According to WHO's recent estimates nearly USD 250 million are spent annually by hospitals worldwide for purchasing simulators which can be used for training purposes instead of actual operating rooms thus reducing costs while enhancing efficiency and effectiveness.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing government initiatives, rising healthcare expenditure, and growing demand for minimally invasive surgeries. For instance, the National Cancer Institute (NCI) has supported research projects on endocutter technologies since 2007 that have resulted in numerous innovations and new devices available today.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to improving healthcare infrastructure coupled with rising patient awareness levels regarding various surgical procedures performed at home as well as hospital settings. Moreover, an increase in medical tourism due to affordable treatment options will also drive regional growth during the forecast period. In addition, a rise in cosmetic surgeries such as breast augmentation and liposuction will further boost revenue generation opportunities for key players operating within this region by driving sales of related products such as forceps/utensils/accessories used during surgery & simulator programs used for training purposes).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global surgical simulator market is expected to grow at a CAGR of 7.5% during the forecast period due to the increasing demand for minimally invasive surgeries. Minimally invasive surgeries are less risky and cause less pain and trauma as compared to traditional open surgery procedures. This has led to an increase in their adoption, thereby driving the growth of the surgical simulator market.
- Growing geriatric population: The global geriatric population is growing at a rapid pace and is expected to reach 2 billion by 2050. This will lead to an increase in the number of elderly patients who require surgery, thereby driving the growth of the surgical simulator market.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as cancer, heart disease, and diabetes is rising globally due to changing lifestyles and dietary habits. This has led to an increase in demand for surgical procedures, which in turn is fueling the growth ofthe surgical simulator market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Surgical Simulator Market Research Report
By Type
Medical Manikin, Laparoscopic Simulator, Endoscopy Simulator, Others
By Application
Academic and Research Institutes, Hospitals, Surgical Clinics, Others
By Companies
CAE Healthcare, Mentice, D Systems, Simulab Corporation, Limbs & Things, MEDICAL-X, Voxel-Man, VirtaMed, OSSimTech, Inovus Medical, eoSurgical, -Dmed, Gaumard Scientific, Laerdal Medical, Simendo, Surgical Science
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Surgical Simulator Market Report Segments:
The global Surgical Simulator market is segmented on the basis of:
Types
Medical Manikin, Laparoscopic Simulator, Endoscopy Simulator, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Academic and Research Institutes, Hospitals, Surgical Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CAE Healthcare
- Mentice
- D Systems
- Simulab Corporation
- Limbs & Things
- MEDICAL-X
- Voxel-Man
- VirtaMed
- OSSimTech
- Inovus Medical
- eoSurgical
- -Dmed
- Gaumard Scientific
- Laerdal Medical
- Simendo
- Surgical Science
Highlights of The Surgical Simulator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Medical Manikin
- Laparoscopic Simulator
- Endoscopy Simulator
- Others
- By Application:
- Academic and Research Institutes
- Hospitals
- Surgical Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Surgical Simulator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A surgical simulator is a device that allows surgeons to practice on human bodies without actually having to perform surgery. The simulator can be used for training purposes, or as a tool for research.
Some of the major companies in the surgical simulator market are CAE Healthcare, Mentice, D Systems, Simulab Corporation, Limbs & Things, MEDICAL-X, Voxel-Man, VirtaMed, OSSimTech, Inovus Medical, eoSurgical, -Dmed, Gaumard Scientific, Laerdal Medical, Simendo, Surgical Science.
The surgical simulator market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Surgical Simulator Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Surgical Simulator Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Surgical Simulator Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Surgical Simulator Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Surgical Simulator Market Size & Forecast, 2020-2028 4.5.1 Surgical Simulator Market Size and Y-o-Y Growth 4.5.2 Surgical Simulator Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Medical Manikin
5.2.2 Laparoscopic Simulator
5.2.3 Endoscopy Simulator
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Academic and Research Institutes
6.2.2 Hospitals
6.2.3 Surgical Clinics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Surgical Simulator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Surgical Simulator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Medical Manikin
9.6.2 Laparoscopic Simulator
9.6.3 Endoscopy Simulator
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Academic and Research Institutes
9.10.2 Hospitals
9.10.3 Surgical Clinics
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Medical Manikin
10.6.2 Laparoscopic Simulator
10.6.3 Endoscopy Simulator
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Academic and Research Institutes
10.10.2 Hospitals
10.10.3 Surgical Clinics
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Medical Manikin
11.6.2 Laparoscopic Simulator
11.6.3 Endoscopy Simulator
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Academic and Research Institutes
11.10.2 Hospitals
11.10.3 Surgical Clinics
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Medical Manikin
12.6.2 Laparoscopic Simulator
12.6.3 Endoscopy Simulator
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Academic and Research Institutes
12.10.2 Hospitals
12.10.3 Surgical Clinics
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Medical Manikin
13.6.2 Laparoscopic Simulator
13.6.3 Endoscopy Simulator
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Academic and Research Institutes
13.10.2 Hospitals
13.10.3 Surgical Clinics
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Surgical Simulator Market: Competitive Dashboard
14.2 Global Surgical Simulator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CAE Healthcare
14.3.2 Mentice
14.3.3 D Systems
14.3.4 Simulab Corporation
14.3.5 Limbs & Things
14.3.6 MEDICAL-X
14.3.7 Voxel-Man
14.3.8 VirtaMed
14.3.9 OSSimTech
14.3.10 Inovus Medical
14.3.11 eoSurgical
14.3.12 -Dmed
14.3.13 Gaumard Scientific
14.3.14 Laerdal Medical
14.3.15 Simendo
14.3.16 Surgical Science