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