Global Mannequin-based Simulation Industry

NEW YORK, July 15, 2020 /PRNewswire/ -- Amid the COVID-19 crisis, the global market for Mannequin-Based Simulation estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$5 Billion by 2027, growing at a CAGR of 22% over the period 2020-2027. Patient Simulators, one of the segments analyzed in the report, is projected to grow at a 18.5% CAGR to reach US$2.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Other Product Segments segment is readjusted to a revised 27.7% CAGR for the next 7-year period. This segment currently accounts for a 33% share of the global Mannequin-Based Simulation market.


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The U.S. Accounts for Over 29.8% of Global Market Size in 2020, While China is Forecast to Grow at a 21.7% CAGR for the Period of 2020-2027 The Mannequin-Based Simulation market in the U.S. is estimated at US$367.5 Million in the year 2020. The country currently accounts for a 29.82% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$876.2 Million in the year 2027 trailing a CAGR of 21.7% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.2% and 19% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.6% CAGR while Rest of European market (as defined in the study) will reach US$876.2 Million by the year 2027.We bring years of research experience to this 16th edition of our report. The 136-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

-Competitors identified in this market include, among others,

• 3D Systems, Inc.
• CAE Healthcare
• Gaumard Scientific Company Inc.
• Laerdal Medical A/S
• Limbs & Things Ltd.
• Mentice AB
• Simulab Corporation
• Simulaids Inc.

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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Mannequin - A Prelude
Recent Market Activity
Simulation Training
Mannequin-based Simulation: Increasingly Vital in Physician
Training
Growth Drivers
Increasing Focus on Patient Safety
Limited Access to Live Patients Drives Market for Simulation
Simulation in Healthcare Enables Cost Reduction
Technology Revolution Drives Demand for Simulation
Market Challenges
High Entry-Price Points Restrict Market
Developed Regions: Primary Revenue Contributors
Developing Regions Offer High Growth Potential for Mannequin-
based Simulation
Competition
Global Competitor Market Shares
Mannequin-Based Simulation Competitor Market Share Scenario
Worldwide (in %): 2018 & 2029
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS 3D Systems (USA) CAE Healthcare (Canada) Gaumard Scientific Company, Inc. (USA) Kyoto Kagaku Co., Ltd. (Japan) Laerdal Medical A/S (Norway) Limbs & Things Ltd. (UK) Mentice AB (Sweden) Shanghai Honglian Medical Tech Group (China) Simulab Corporation (USA) Simulaids, Inc. (USA)

3. MARKET TRENDS & DRIVERS
Advanced Mannequins Imitate Human Reactions
Increasing Healthcare Expenditure to Foster Growth
Mannequin-based Simulation for Nursing Schools
Mannequins Gain Traction in Military Medical Training
Minimally-invasive Procedures Necessitate Simulation-based
Training
Robot-assisted Surgical Simulation Training Gaining Significance
Simulation Training Preferred for Cataract Surgery
Simulation Benefits Interventional Cardiology
Innovations in Patient Simulators
Virtual Medical Training - Potential to Replace Mannequin-based
Simulation

4. GLOBAL MARKET PERSPECTIVE
Table 1: Mannequin-Based Simulation Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027

Table 2: Mannequin-Based Simulation Global Retrospective Market
Scenario in US$ Thousand by Region/Country: 2012-2019

Table 3: Mannequin-Based Simulation Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027

Table 4: Patient Simulators (Product Segment) World Market by
Region/Country in US$ Thousand: 2020 to 2027

Table 5: Patient Simulators (Product Segment) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019

Table 6: Patient Simulators (Product Segment) Market Share
Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS
2027

Table 7: Other Product Segments (Product Segment) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027

Table 8: Other Product Segments (Product Segment) Historic
Market Perspective by Region/Country in US$ Thousand: 2012 to
2019

Table 9: Other Product Segments (Product Segment) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Mannequin-Based Simulation Market Share (in %) by Company:
2018 & 2025
Market Analytics
Table 10: United States Mannequin-Based Simulation Market
Estimates and Projections in US$ Thousand by Product Segment:
2020 to 2027

Table 11: Mannequin-Based Simulation Market in the United States by Product Segment: A Historic Review in US$ Thousand for 2012-2019

Table 12: United States Mannequin-Based Simulation Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027

CANADA
Table 13: Canadian Mannequin-Based Simulation Market Estimates and Forecasts in US$ Thousand by Product Segment: 2020 to 2027

Table 14: Canadian Mannequin-Based Simulation Historic Market
Review by Product Segment in US$ Thousand: 2012-2019

Table 15: Mannequin-Based Simulation Market in Canada: Percentage Share Breakdown of Sales by Product Segment for 2012, 2020, and 2027

JAPAN
Table 16: Japanese Market for Mannequin-Based Simulation:
Annual Sales Estimates and Projections in US$ Thousand by
Product Segment for the Period 2020-2027

Table 17: Mannequin-Based Simulation Market in Japan: Historic Sales Analysis in US$ Thousand by Product Segment for the Period 2012-2019

Table 18: Japanese Mannequin-Based Simulation Market Share
Analysis by Product Segment: 2012 VS 2020 VS 2027

CHINA
Table 19: Chinese Mannequin-Based Simulation Market Growth Prospects in US$ Thousand by Product Segment for the Period 2020-2027

Table 20: Mannequin-Based Simulation Historic Market Analysis
in China in US$ Thousand by Product Segment: 2012-2019

Table 21: Chinese Mannequin-Based Simulation Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

EUROPE
Market Facts & Figures
European Mannequin-Based Simulation Market: Competitor Market
Share Scenario (in %) for 2018 & 2025
Market Analytics
Table 22: European Mannequin-Based Simulation Market Demand
Scenario in US$ Thousand by Region/Country: 2020-2027

Table 23: Mannequin-Based Simulation Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2012-2019

Table 24: European Mannequin-Based Simulation Market Share
Shift by Region/Country: 2012 VS 2020 VS 2027

Table 25: European Mannequin-Based Simulation Market Estimates and Forecasts in US$ Thousand by Product Segment: 2020-2027

Table 26: Mannequin-Based Simulation Market in Europe in US$
Thousand by Product Segment: A Historic Review for the Period
2012-2019

Table 27: European Mannequin-Based Simulation Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

FRANCE
Table 28: Mannequin-Based Simulation Market in France by
Product Segment: Estimates and Projections in US$ Thousand for
the Period 2020-2027

Table 29: French Mannequin-Based Simulation Historic Market Scenario in US$ Thousand by Product Segment: 2012-2019
Table 30: French Mannequin-Based Simulation Market Share
Analysis by Product Segment: 2012 VS 2020 VS 2027

GERMANY
Table 31: Mannequin-Based Simulation Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Product Segment for the Period 2020-2027

Table 32: German Mannequin-Based Simulation Historic Market
Analysis in US$ Thousand by Product Segment: 2012-2019

Table 33: German Mannequin-Based Simulation Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

ITALY
Table 34: Italian Mannequin-Based Simulation Market Growth
Prospects in US$ Thousand by Product Segment for the Period
2020-2027

Table 35: Mannequin-Based Simulation Historic Market Analysis in Italy in US$ Thousand by Product Segment: 2012-2019

Table 36: Italian Mannequin-Based Simulation Market by Product
Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED KINGDOM
Table 37: United Kingdom Market for Mannequin-Based Simulation: Annual Sales Estimates and Projections in US$ Thousand by Product Segment for the Period 2020-2027

Table 38: Mannequin-Based Simulation Market in the United
Kingdom: Historic Sales Analysis in US$ Thousand by Product
Segment for the Period 2012-2019

Table 39: United Kingdom Mannequin-Based Simulation Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027

REST OF EUROPE
Table 40: Rest of Europe Mannequin-Based Simulation Market
Estimates and Forecasts in US$ Thousand by Product Segment:
2020-2027

Table 41: Mannequin-Based Simulation Market in Rest of Europe in US$ Thousand by Product Segment: A Historic Review for the Period 2012-2019

Table 42: Rest of Europe Mannequin-Based Simulation Market
Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

ASIA-PACIFIC
Table 43: Mannequin-Based Simulation Market in Asia-Pacific by Product Segment: Estimates and Projections in US$ Thousand for the Period 2020-2027

Table 44: Asia-Pacific Mannequin-Based Simulation Historic
Market Scenario in US$ Thousand by Product Segment: 2012-2019

Table 45: Asia-Pacific Mannequin-Based Simulation Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027

REST OF WORLD
Table 46: Rest of World Mannequin-Based Simulation Market
Estimates and Forecasts in US$ Thousand by Product Segment:
2020 to 2027

Table 47: Rest of World Mannequin-Based Simulation Historic Market Review by Product Segment in US$ Thousand: 2012-2019

Table 48: Mannequin-Based Simulation Market in Rest of World:
Percentage Share Breakdown of Sales by Product Segment for
2012, 2020, and 2027

IV. COMPETITION
Total Companies Profiled: 52  


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