The global digital medical simulation market for cadavers was valued at around $1.62 Bn in 2022 and is projected to reach $5.69 Bn in 2030, exhibiting a CAGR of 15% during the forecast period. The major reasons propelling the growth of this market are the increasing prevalence of chronic diseases, technological advancements, and the rise in government initiatives, among others. Some of the key players in this market are Simulab, CAE, 3D systems, Osso VR, and Vosaic among others.
The global digital medical simulation market for cadavers was valued at around $1.62 Bn in 2022 and is projected to reach $5.69 Bn in 2030, exhibiting a CAGR of 15% during the forecast period.
Digital medical simulation is the process of creating realistic scenarios so that medical professionals can learn, practice as well as evaluate their skills in a secure environment. It can be used to practice a diverse set of skills, from simple CPR techniques to intricate surgical techniques. This educational opportunity can be offered through simulation using complete body manikins, task trainers, or even virtual reality can be used to mimic realistic medical cases. The need for in vitro training techniques like simulation has grown due to the greater emphasis on patient safety, shorter workweeks, and increased demands for service supply.
Digital cadaveric simulation is a technology that uses computer-aided design and simulation software to create virtual models of the human body. It allows medical professionals and students to practice procedures and surgeries in a realistic virtual environment, offering an alternative to traditional cadaveric dissections.
The digital medical simulation market for cadavers is growing continuously due to the advantages it has to offer such as realistic anatomy and tissue simulation, provision of haptic feedback, and simulation of a wide range of complex procedures. During the forecast period, the surgical training sector is anticipated to hold the greatest share of the cadaveric simulation market. This is majorly contributed to the growing need for surgical training and cadaveric simulation is an excellent tool for the same.
In response to the rising demand from healthcare professionals and institutions, major market players are developing innovative cadaver-based medical simulation products and services. For example, 3B Scientific has acquired Lifecast Body Simulation, a major player in medical simulation, strengthening its global standing in healthcare education. Lifecast's expertise in manikin production as a cadaveric simulation alternative may impact the US cadaveric simulation market. Meanwhile, Nasco Healthcare secured exclusive global rights from MVR Technologies for VR-based medical simulation training, signaling a notable advancement in medical education technology.
Market Growth Drivers
Market Restraints
Key Players
August 2023: On August 14, 3B Scientific acquired Lifecast Body Simulation, a top producer and marketer of medical simulation goods and services. This acquisition is anticipated to improve the company's standing in the medical simulation industry and progress the provision of medical and healthcare education on a global scale. Lifecast specializes in the manufacturing of manikins, which are an alternative to the use of digital cadaveric simulation
July 2021: On July 28, Surgical Science Sweden AB which is a leading provider of virtual reality simulators for medical training acquired the medical simulation business of 3D Systems named Simbionix, for $305 million. This deal was executed to focus on its core business of additive manufacturing solutions by divesting the non-core businesses.
October 2020: On 1st October Mentice AB officially committed to acquiring Vascular Simulations (VSI), a prominent medical technology firm based in New York. VSI is renowned for its cutting-edge replication solutions, enabling physicians to conduct endovascular procedures by manipulating actual medical devices within a tangible 3D structure that mimics the vessel configuration of the human body.
US Food and Drug Administration (FDA): Devices classified as medical devices and medical simulation software are governed by the Food and Drug Administration (FDA) in the USA. Certain AR/VR applications may require FDA approval or authorization depending on their intended usage. This covers all applications directly related to patient care or treatment, as well as surgical simulators and diagnostic tools.
Health Canada: Health Canada regulates medical devices in Canada under the Medical Devices Regulations guided by the Food and Drugs Act. The regulations cover aspects like classification, manufacturer obligations, fees, labeling, licenses, incident reporting, and recalls.
European Medicines Agency (EMA): Holds regulatory duties for medical devices in Europe. As per the existing legislative framework for medical devices, the EMA primarily offers scientific opinions to notified bodies through consultation procedures.
1. Executive Summary
1.1 Digital Health Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Digital Health Policy in Country
1.6 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Geographical Segmentation
By User Type
By Cadaver Types
By Application
By Products and Services
Methodology for Database Creation
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