UK Medical Simulation Market to Signify Strong Growth by 2019-2025

UK medical simulation market is estimated to grow considerably at a CAGR of around 10.9% during the forecast period. As healthcare technology emerges across the globe along with the increasing penetration of virtual reality across the UK, the demand for minimally invasive surgeries has increased significantly in the country. This can be attributed to the various advantages that the minimally invasive surgeries provide as compared to that of other conventional surgeries. The interaction of virtual reality technology with the human body is significantly increasing day-by-day. As the penetration of VR in the healthcare sector across the UK increases, the investment in the development of advanced technology medical simulators is expected to increase, this is expected to simultaneously promote the growth of the market over the forecast period.

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According to Resuscitation Council, in UK, around 60,000 people suffer from out-of-hospital cardiac arrest every year, among which, less than 10% of people survive after the cardiac arrest. However, a bystander has the ability to start cardiopulmonary resuscitation (CPR), which doubles the survival rate of a person. The council collaborated with the VR production company UNIT9, in order to develop Lifesaver VR, which is considered as a revolutionary way of learning CPR. According to UK Research and Innovation, over $235 million of investment is provided by the government for the development of new medicines and treatments for the patients. The investment includes digital health products and technologies.

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UK Medical Simulation Market Segmentation

 

By Products and Services

  • Web-based Simulation
  • Model-based Simulation
  • Simulation Training Services

By Fidelity

  • Low Fidelity
  • Medium Fidelity
  • High Fidelity

By End-Users

  • Academic Institutes and Research Centers
  • Military Organizations
  • Hospitals

Company Profiles

  • Adam, Rouilly Ltd.
  • CAE Healthcare
  • EMD Services Ltd.
  • Kavo Dental
  • Laerdal Medical Ltd.
  • Limbs & Things Ltd.
  • Medaphor Group PLC
  • Olympus Group
  • Trauma FX Ltd.
  • TruCorp Ltd.

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