Setting

Europe Medical Simulation Market 2020-2026 by Product & Service (Model-based Simulation, Web-based Simulation, Simulation Training Services), Fidelity (High, Medium, Low), End User, and Country: COVID-19 Impact and Growth Opportunity

Published: 28 Nov 2020 | Report Code: 10247782 | Pages: 108

Europe medical simulation market accounted for $424.0 million in 2019 and will grow by 13.52% annually over 2020-2026 owing to growing incidences of chronic disorders and population, rising patient safety concerns, the heightened demand for minimally invasive surgery (MIS), and technological advancement. Highlighted with 39 tables and 46 figures, this 108-page report “Europe Medical Simulation Market 2020-2026 by Product & Service (Model-based Simulation, Web-based Simulation, Simulation Training Services), Fidelity (High, Medium, Low), End User, and Country: COVID-19 Impact and Growth Opportunity” is based on a holistic research of the entire Europe medical simulation market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2016-2019 and provides forecast from 2020 till 2026 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Europe medical simulation market in every aspect of the classification from perspectives of Product & Service, Fidelity, End User, and Country. Based on Product & Service, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section. Model-based Simulation • Patient Simulation (further segmented into Manikin-based Simulation, Task Trainer Simulation, Hybrid Manikin-based simulation, Standardized Patient Simulation) • Surgical Simulation (further split into Cardiovascular Simulators, Laparoscopic Surgical Simulators, Gynecology Simulators, Arthroscopic Surgical Simulators, Orthopedic Simulators, Endovascular Simulators, Spine Simulators, Other Surgical Simulations) • Ultrasound Simulation (further segmented into Cardiology, Anesthesia, Intensive Care Unit, Emergency Medicine, OB/GYN, Radiology, Other Ultrasound Simulations) Web-based Simulation • Virtual Tutors • Performance Recording Software • Simulation Software • Learning Management Software Simulation Training Services • Vendor-based Training • Custom Consulting Services • Educational Societies Based on Fidelity, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section. • Low-fidelity • Medium-fidelity • High-fidelity Based on End User, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section. • Academic Institutions & Research Centers • Hospitals & Clinics • Military Organizations • Other End Users Geographically, the following national/local markets are fully investigated: • Germany • UK • France • Spain • Italy • Russia • Rest of Europe (further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania) For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2016-2026. The breakdown of key national markets by Product & Service, Fidelity, and End User over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in Europe medical simulation market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. Key Players (this may not be a complete list and extra companies can be added upon request): 3D Systems Corporation Canadian Aviation Electronics, Ltd. (CAE) Gaumard Scientific Company Intelligent Ultrasound Group Plc (Formerly Medaphor Group Plc) Kyoto Kagaku Co., Ltd. Laerdal Medical AS Limbs & Things Ltd. Mentice AB Simulab Corporation Simulaids, Inc. Surgical Science Sweden AB Virtamed AG (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table Of Contents

1 Introduction	7
1.1 Industry Definition and Research Scope	7
1.1.1 Industry Definition	7
1.1.2 Research Scope	8
1.2 Research Methodology	11
1.2.1 Overview of Market Research Methodology	11
1.2.2 Market Assumption	12
1.2.3 Secondary Data	12
1.2.4 Primary Data	12
1.2.5 Data Filtration and Model Design	14
1.2.6 Market Size/Share Estimation	15
1.2.7 Research Limitations	16
1.3 Executive Summary	17
2 Market Overview and Dynamics	19
2.1 Market Size and Forecast	19
2.1.1 Impact of COVID-19 on World Economy	20
2.1.2 Impact of COVID-19 on the Market	23
2.2 Major Growth Drivers	25
2.3 Market Restraints and Challenges	28
2.4 Emerging Opportunities and Market Trends	31
2.5 Porter’s Fiver Forces Analysis	35
3 Segmentation of Europe Market by Product & Service	39
3.1 Market Overview by Product & Service	39
3.2 Model-based Simulation	41
3.2.1 Patient Simulation	42
3.2.2 Surgical Simulation	43
3.2.3 Ultrasound Simulation	45
3.3 Web-based Simulation	47
3.3.1 Virtual Tutors	49
3.3.2 Performance Recording Software	50
3.3.3 Simulation Software	51
3.3.4 Learning Management Software	52
3.4 Simulation Training Services	53
3.4.1 Vendor-based Training	54
3.4.2 Custom Consulting Services	55
3.4.3 Educational Societies	56
4 Segmentation of Europe Market by Fidelity	57
4.1 Market Overview by Fidelity	57
4.2  Low-fidelity	59
4.3  Medium-fidelity	60
4.4  High-fidelity	61
5 Segmentation of Europe Market by End User	62
5.1 Market Overview by End User	62
5.2 Academic Institutions & Research Centers	64
5.3 Hospitals & Clinics	65
5.4 Military Organizations	66
5.5 Other End Users	67
6 European Market 2019-2026 by Country	68
6.1 Overview of European Market	68
6.2 UK	71
6.3 France	73
6.4 Germany	75
6.5 Spain	77
6.6 Italy	79
6.7 Russia	81
6.8 Rest of European Market	83
7 Competitive Landscape	85
7.1 Overview of Key Vendors	85
7.2 New Product Launch, Partnership, Investment, and M&A	88
7.3 Company Profiles	89
3D Systems Corporation	89
Canadian Aviation Electronics, Ltd. (CAE)	91
Gaumard Scientific Company	92
Intelligent Ultrasound Group Plc (Formerly Medaphor Group Plc)	93
Kyoto Kagaku Co., Ltd.	94
Laerdal Medical AS	95
Limbs & Things Ltd.	96
Mentice AB	97
Simulab Corporation	98
Simulaids, Inc.	99
Surgical Science Sweden AB	100
Virtamed AG	101
8 Investing in Europe Market: Risk Assessment and Management	102
8.1 Risk Evaluation of Europe Market	102
8.2 Critical Success Factors (CSFs)	105
Related Reports and Products	108
List Of Tables

Table 1.  Snapshot of Europe Medical Simulation Market in Balanced Perspective, 2019-2026	18
Table 2. Growth Rate of World Real GDP, 2017-2021	21
Table 3.  Main Product Trends and Market Opportunities in Europe Medical Simulation Market	31
Table 4. Europe Medical Simulation Market by Product & Service, 2016-2026, $ mn	39
Table 5. Europe Medical Simulation Market: Model-based Simulation by Segment, 2016-2026, $ mn	41
Table 6. Europe Medical Simulation Market: Patient Simulation by Segment, 2016-2026, $ mn	42
Table 7. Europe Medical Simulation Market: Surgical Simulation by Segment, 2016-2026, $ mn	44
Table 8. Europe Medical Simulation Market: Ultrasound Simulation by Segment, 2016-2026, $ mn	46
Table 9. Europe Medical Simulation Market: Web-based Simulation by Segment, 2016-2026, $ mn	48
Table 10. Europe Medical Simulation Market: Simulation Training Services by Segment, 2016-2026, $ mn	53
Table 11. Europe Medical Simulation Market by Fidelity, 2016-2026, $ mn	57
Table 12. Europe Medical Simulation Market by End User, 2016-2026, $ mn	62
Table 13. Europe Medical Simulation Market by Country, 2016-2026, $ mn	70
Table 14. UK Medical Simulation Market by Product & Service, 2016-2026, $ mn	72
Table 15. UK Medical Simulation Market by Fidelity, 2016-2026, $ mn	72
Table 16. UK Medical Simulation Market by End User, 2016-2026, $ mn	72
Table 17. France Medical Simulation Market by Product & Service, 2016-2026, $ mn	74
Table 18. France Medical Simulation Market by Fidelity, 2016-2026, $ mn	74
Table 19. France Medical Simulation Market by End User, 2016-2026, $ mn	74
Table 20. Germany Medical Simulation Market by Product & Service, 2016-2026, $ mn	76
Table 21. Germany Medical Simulation Market by Fidelity, 2016-2026, $ mn	76
Table 22. Germany Medical Simulation Market by End User, 2016-2026, $ mn	76
Table 23. Spain Medical Simulation Market by Product & Service, 2016-2026, $ mn	78
Table 24. Spain Medical Simulation Market by Fidelity, 2016-2026, $ mn	78
Table 25. Spain Medical Simulation Market by End User, 2016-2026, $ mn	78
Table 26. Italy Medical Simulation Market by Product & Service, 2016-2026, $ mn	80
Table 27. Italy Medical Simulation Market by Fidelity, 2016-2026, $ mn	80
Table 28. Italy Medical Simulation Market by End User, 2016-2026, $ mn	80
Table 29. Russia Medical Simulation Market by Product & Service, 2016-2026, $ mn	82
Table 30. Russia Medical Simulation Market by Fidelity, 2016-2026, $ mn	82
Table 31. Russia Medical Simulation Market by End User, 2016-2026, $ mn	82
Table 32. Medical Simulation Market in Rest of Europe by Country, 2016-2026, $ mn	84
Table 33. 3D Systems Corporation: Company Snapshot	89
Table 34. 3D Systems Corporation: Business Segmentation	89
Table 35. 3D Systems Corporation: Product Portfolio	90
Table 36. 3D Systems Corporation: Revenue, 2016-2018, $ mn	90
Table 37. 3D Systems Corporation: Recent Developments	90
Table 38.  Risk Evaluation for Investing in Europe Market, 2019-2026	103
Table 39. Critical Success Factors and Key Takeaways	106

List Of Figures

Figure 1. Research Method Flow Chart	11
Figure 2. Breakdown of Primary Research	13
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation	15
Figure 4. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026	17
Figure 5. Europe Medical Simulation Market, 2019-2026, $ mn	19
Figure 6. Impact of COVID-19 on Business	23
Figure 7. Primary Drivers and Impact Factors of Europe Medical Simulation Market	25
Figure 8. Primary Restraints and Impact Factors of Europe Medical Simulation Market	28
Figure 9. Investment Opportunity Analysis	32
Figure 10. Porter’s Fiver Forces Analysis of Europe Medical Simulation Market	35
Figure 11. Breakdown of Europe Medical Simulation Market by Product & Service, 2019-2026, % of Revenue	39
Figure 12. Contribution to Europe 2020-2026 Cumulative Revenue by Product & Service, Value ($ mn) and Share (%)	40
Figure 13. Europe Medical Simulation Market: Model-based Simulation, 2016-2026, $ mn	41
Figure 14. Europe Medical Simulation Market: Patient Simulation, 2016-2026, $ mn	42
Figure 15. Europe Medical Simulation Market: Surgical Simulation, 2016-2026, $ mn	43
Figure 16. Europe Medical Simulation Market: Ultrasound Simulation, 2016-2026, $ mn	45
Figure 17. Europe Medical Simulation Market: Web-based Simulation, 2016-2026, $ mn	47
Figure 18. Europe Medical Simulation Market: Virtual Tutors, 2016-2026, $ mn	49
Figure 19. Europe Medical Simulation Market: Performance Recording Software, 2016-2026, $ mn	50
Figure 20. Europe Medical Simulation Market: Simulation Software, 2016-2026, $ mn	51
Figure 21. Europe Medical Simulation Market: Learning Management Software, 2016-2026, $ mn	52
Figure 22. Europe Medical Simulation Market: Simulation Training Services, 2016-2026, $ mn	53
Figure 23. Europe Medical Simulation Market: Vendor-based Training, 2016-2026, $ mn	54
Figure 24. Europe Medical Simulation Market: Custom Consulting Services, 2016-2026, $ mn	55
Figure 25. Europe Medical Simulation Market: Educational Societies, 2016-2026, $ mn	56
Figure 26. Breakdown of Europe Medical Simulation Market by Fidelity, 2019-2026, % of Revenue	57
Figure 27. Contribution to Europe 2020-2026 Cumulative Revenue by Fidelity, Value ($ mn) and Share (%)	58
Figure 28. Europe Medical Simulation Market:  Low-fidelity, 2016-2026, $ mn	59
Figure 29. Europe Medical Simulation Market:  Medium-fidelity, 2016-2026, $ mn	60
Figure 30. Europe Medical Simulation Market:  High-fidelity, 2016-2026, $ mn	61
Figure 31. Breakdown of Europe Medical Simulation Market by End User, 2019-2026, % of Revenue	63
Figure 32. Contribution to Europe 2020-2026 Cumulative Revenue by End User, Value ($ mn) and Share (%)	63
Figure 33. Europe Medical Simulation Market: Academic Institutions & Research Centers, 2016-2026, $ mn	64
Figure 34. Europe Medical Simulation Market: Hospitals & Clinics, 2016-2026, $ mn	65
Figure 35. Europe Medical Simulation Market: Military Organizations, 2016-2026, $ mn	66
Figure 36. Europe Medical Simulation Market: Other End Users, 2016-2026, $ mn	67
Figure 37. Breakdown of European Medical Simulation Market by Country, 2019 and 2026, % of Revenue	69
Figure 38. Contribution to Europe 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%)	70
Figure 39.  Medical Simulation Market in UK, 2016-2026, $ mn	71
Figure 40.  Medical Simulation Market in France, 2016-2026, $ mn	73
Figure 41.  Medical Simulation Market in Germany, 2016-2026, $ mn	75
Figure 42.  Medical Simulation Market in Spain, 2016-2026, $ mn	77
Figure 43.  Medical Simulation Market in Italy, 2016-2026, $ mn	79
Figure 44.  Medical Simulation Market in Russia, 2016-2026, $ mn	81
Figure 45.  Medical Simulation Market in Rest of Europe, 2016-2026, $ mn	83
Figure 46. Growth Stage of Europe Medical Simulation Industry over the Forecast Period	85

Key Players (this may not be a complete list and extra companies can be added upon request): 
3D Systems Corporation	
Canadian Aviation Electronics, Ltd. (CAE)	
Gaumard Scientific Company	
Intelligent Ultrasound Group Plc (Formerly Medaphor Group Plc)	
Kyoto Kagaku Co., Ltd.	
Laerdal Medical AS	
Limbs & Things Ltd.	
Mentice AB	
Simulab Corporation	
Simulaids, Inc.	
Surgical Science Sweden AB	
Virtamed AG