|By China Market Research Reports||Posted in - Saturday, August 25, 2012|
Medical simulation is a training method used to train different processes and tasks to medical professionalsin life like circumstances. Theprocess requires several tools or equipment which includes models, actor-patients, peers, surveillance and other such equipment. Thecapability of medical simulation to teach individuals without harming the health of the patients is the key to its adoption and encouragement from regulatory bodies. With the advancement in technology and new teaching methods, this technique will havehigh growth rate in the future.
Further, medical simulation has its application in medical records, telemedicine, medical IT applications, new equipment, product procedure and processes, team training, group exercises, medical scenarios, simulated illness, doctor-patient interaction skills, and such other healthcare applications. Medical simulation will initially have higher penetration in training applications and will have gradual adoption in other applications
The major segments of the medical simulation market are as follows:
• Human Simulation
• Mechanical Simulation
• Virtual Simulation
The several benefits of the medical simulation product such as its low training cost, more effective training as compared to traditional approaches and reduced training time isincreasing its demand in hospitals and other medical institutions. Moreover, the company manufacturing stimulation products has a better opportunity due to decreasing healthcare trainers and increasing healthcare aspirants. Lack of funding in medical schools and healthcare institution remains the major challenge for the industry.
The estimated potential of the medical simulation is expected to be larger than the military simulation market.To reap such high potential in the market, companies such asCAE had made a number of collaboration and acquit ions. CAE acquired three medical simulation product lines from Immersion in 2010 which will be the core product offering of the company.
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