The global Medical Education market garnered revenue around USD 32.1 Billion in 2019 and projected to reach USD 56.2 Billion in 2027, with at a compound annual growth rate (CAGR) 5.1% throughout the estimate period from 2020 to 2027. Medical education is a highly practical field that calls for intense on-job training. The market for distance training is quite small; those attempting to gain certification through distance learning are unlikely to gain complete knowledge. There exists no substitute for on-job practical training for medicine. This is a globally accepted view. The market for distance training is quite small; it is not expected to expand significantly. In terms of type of training, the global medical education market has been classified into cardiothoracic training, neurology training, orthopedic training, oral & maxillofacial training, pediatric training, radiology training, laboratory training, and others.
Based on mode of training, the global market has been categorized into on-campus, distance, and online. The on-campus segment accounted for major share of the global medical education market in 2019. The segment is anticipated to expand at a high CAGR during the forecast period, owing to a rise in the demand for medical education across the world. In terms of education providers, the global medical education market has been divided into school of medicine, government/military organization, hospitals, insurance & co., non-profit organization, publishing or education company, molecular genetic methods, and others.
Based on application, the global medical education market has been split into cardiovascular diseases, diabetes, cancer, hypertension, infections, bronchitis, dehydration, sleep disorder, weight management & fitness monitoring, and others. The cardiovascular diseases segment held significant share of the global medical education market in 2019.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded,COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Medical Education market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Medical Education market growth.
The global Medical Education market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Leading players operating in the global medical education market include Apollo Hospitals, Gundersen Health System, Olympus Corporation, Tact Academy for Clinical Training, Zimmer Biomet Holdings, Inc., GE Healthcare, American College of Radiology, Healthcare Training Institute, New Jersey, Harvard Medical School, the Johns Hopkins University, Stanford University, CAE Healthcare, and Siemens Healthineers AG
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Medical Education Market: Segmentation
Medical Education Market, by Type of Training
- Cardiothoracic Training
- Neurology Training
- Orthopedic Training
- Oral and Maxillofacial Training
- Pediatric Training
- Radiology Training
- Laboratory Training
- Other
Medical Education Market, by Mode of Training
- On-campus
- Distance
- Online
Medical Education Market, by Education Providers
- School of Medicine
- Government/Military Organization
- Hospitals
- Insurance & Co
- Non-profit Organization
- Publishing or Education Company
- Molecular Genetic Methods
- Others
Medical Education Market, by Delivery Method
- Internet Enduring Materials
- Courses
- Regularly Scheduled Series and Other enduring Materials
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
- North America
- Europe
- Germany
- United Kingdom
- Italy
- France
- Rest of EU
- Asia Pacific
- China
- India
- Japan
- Southeast Asia
- Rest of APAC
- Central & South America
- Brazil
- Argentina
- Rest of Central & South America
- Middle East and Africa
- UAE
- Saudi Arabia
- Rest of MEA
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