Surgical Simulation Industry Overview
The global surgical simulation market size was valued at USD 253 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 16.1% from 2021 to 2028.
Increasing focus on patient safety and the growing geriatric population is propelling the demand for surgical simulation products. According to the WHO, the population in the Southeast Asia region is rapidly aging. In 2017, the proportion of persons aged 60 or above was 9.8%, which will be augmented to 13.7% by 2030 and 20.3% by 2050. Thus, the health issues in elder people are diverse, such as Noncommunicable Diseases (NCDs) injuries and disabilities, owing to declining functional ability.
The rising number of surgeries performed globally is expected to result in high demand for simulation products to help avoid or diminish medical errors during surgeries, which, in turn, is contributing to the market growth. With technological advancement, the use of minimally invasive surgical procedures is growing rapidly. Minimal invasive techniques are quickly becoming standard surgical techniques for numerous surgical procedures. Performing minimally invasive treatment procedures requires specific psychomotor skills. Simulation provides a proper tool for training and learning these skills.
Gather more insights about the market drivers, restraints and growth of the Global Surgical Simulation Market
Owing to the COVID-19 pandemic, the world has entered a state of emergency. To protect lives and conserve Personal Protective Equipment (PPE), the governments of different nations placed restrictions on nonessential medical procedures. This stopped elective surgery cases across the globe, triggering a dramatic reduction in the number of cases accessible for the education of surgical residents. The virtual simulation was adopted during the COVID-19 pandemic to improve and strengthen procedural and patient care skills. The pandemic has reduced medical training opportunities in the traditional apprenticeship process, with fewer elective procedures and reduced access for residents to operating rooms.
In response, vendors, such as VirtaMed, introduced a surgical gynecology simulation suite in February 2021.Moreover, during the pandemic, VirtaMed occupied their simulators on ‘tour’ frequent times to support continuing medical education and supply workshops for residents across France, Switzerland, and Germany. In September 2020, the company’s second surgical simulation tour was introduced in France in association with the STAN Institute and the French Association of Surgery. Considered impactful by residents and educators alike, most tour contributors agreed that surgical simulation must be a sure training requirement. Thus, versatile and expanding surgical education solutions are expected to enhance the market growth in the coming years.
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Surgical Simulation Industry Segmentation
Grand View Research has segmented the global surgical simulation market on the basis of specialty, material, end-use, and region:
Surgical Simulation Specialty Outlook (Revenue, USD Million, 2016 - 2028)
- Cardiac Surgery/Interventional Cardiology
- Gastroenterology
- Neurosurgery
- Orthopedic Surgery
- Reconstructive Surgery
- Oncology Surgery
- Transplants
- Others
Surgical Simulation Material Outlook (Revenue, USD Million, 2016 - 2028)
- Metal
- Polymer
Surgical Simulation End-use Outlook (Revenue, USD Million, 2016 - 2028)
- Hospitals
- Specialty Centers
- Others
Surgical Simulation Regional Outlook (Revenue, USD Million, 2016 - 2028)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA (Middle East Africa)
Key Companies profiled:
Some prominent players in the global Surgical Simulation Industry include
- Materialise
- Startasys Ltd.
- Canadian Aviation Electronics, Ltd.
- Surgical Science
- Mentice
- Gaumard Scientific
- Simulab Corp.
- VirtaMed AG
- 3-Dmed
- Laerdal Medical
- 3D Systems, Inc.
- Osteo3d
- Axial3D
- Formlabs
Order a free sample PDF of the Surgical Simulation Market Intelligence Study, published by Grand View Research.
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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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