Global Healthcare Simulation Market

Aug 2019| VMF047A| Verified Market Research

Report Highlights

Global Healthcare/Medical Simulation Market Size, Share, Growth, Trends, Opportunities and Forecast

According to Verified Market Research, the Global Healthcare/Medical Simulation Market was valued at USD 1.52 Billion in 2018 and is projected to reach USD 4.76 Billion by 2026, growing at a CAGR of 15.44% from 2019 to 2026.

Healthcare/Medical Simulation is defined as a training and feedback technique in which learners practice tasks and processes under realistic settings and circumstances by means of tools and models, such as virtual reality. It utilizes feedback from observers, such as professors, peers, actor-patients, and video cameras. Simulation in Healthcare/Medical/ medical as a strategy is used to replicate some or nearly all of the essential aspects of a clinical situation in order to readily understand it. Further, it also helps in managing the situation when it occurs for real in clinical practice. With the technological advancement in communication, science, and education, health care professionals are now able to simulate very detailed procedures in order to train the learners in a safe and effective manner.

Patient safety is a serious public health issue and also one of the rising concerns in the healthcare industry owing to the increasing death rate from medical errors. The advent of simulation in healthcare has significantly reduced the death number due to unsafe care in the world. Furthermore, it has enhanced the performance of clinicians, especially by improving patient safety outcomes in recent years with the use of simulation techniques. Thus, the rising concerns of patient safety are expected to boost the growth of the healthcare/medical simulation market in the forecast period.

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