Surgical Simulation Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Surgical Simulation Market Segregated By Offerings (Product, Services), By Technology (High-fidelity Simulators, Medium-fidelity Simulators, Low-fidelity Simulators), By End-User (Academic and Research Institutes, Hospitals, Surgical Clinics, Military Organizations, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Surgical Simulation Market Overview

The global surgical simulation market is estimated to reach at a high CAGR during the forecast period 2023-2030. Surgical simulation is essentially a computer technology developed to train medical practitioners without any requirement of patient or animal to perform it.

The use of motion sensors and three-dimensional graphics makes the experience realistic. The user can perform the entire surgery upon the virtual organs, and it also enables the users to feel the tissue and the organs physically. It helps in minimizing the errors and lethal infection rate.

Surgical Simulation Market Summary

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Surgical Simulation Market Dynamics and Trends

The global surgical simulation market growth is driven by the continuous technological advancements and increasing concern for patient’s safety, increasing number of surgical procedures, and rising preference for minimally invasive surgeries are some factors that drive the surgical simulation market growth.

Continuous technological advancements and increasing concern for patient’s safety is expected to drive the market growth

The requirement of surgical simulation in minimally invasive surgery has been established over the past few years. The minimally invasive techniques are becoming the standard of surgical techniques for many surgical procedures at a very fast pace. Minimally invasive surgeries are video-assisted and, therefore, demonstrate a higher operational accuracy and render less post-operative pain. Furthermore, they involve smaller incisions and less scarring, which helps retain the organ’s original structure without deforming its cellular layers. These factors contribute to the inflating popularity of surgical simulators among healthcare providers and academic institutions.

The use of simulation devices, along with standardized patient simulators, has gained rapid growth over the last few years, mainly due to increasing technological advancements and their adoption in healthcare. The barriers to hospital adoption of simulation products and services include lack of funding, less time for simulation exercises, release from job environment, lack of management interest, etc.

The METIman simulator is one of the most advanced and realistic simulators developed by the CAE simulators in recent times. Thus, the rise in various technological advancements in surgical simulation is increasing the applications in healthcare to train healthcare professionals. As a result, the growth of the market studied is expected to propel over the forecast period.

The changing demographic transition is expected to drive the demand for this market in the forecast period

The world is almost on the verge of a demographic milestone. The rapidly ageing population needs to incorporate both a technology-driven health care system and cutting-edge teaching. For instance, according to the world health organization, “The number of people aged 65 or older is projected to grow from an accounted 524 million in 2010 to nearly 1.5 billion in 2050, with most of the increase in developing countries.” The continuously ageing population is likely to challenge the health care system. This dramatic growth in the elderly population is most prominent in Asia, followed by Europe. According to the Population Reference Bureau, Japan has 28 per cent of the population of age 65 and above, followed by Italy, Finland, and Greece. Twelve per cent of China’s population and 16 per cent of the United States population are 65 and above. With the continuous ageing of the population, there arises a need for technology-driven surgical simulation. With more trained surgeons across the world, the demand will be effectively met.

High operating costs and operational challenges are likely to hamper the market growth.

High operating costs and operational challenges are the major challenges for the growth of the surgical simulation market. The simulation can be used with commercially available computer gaming hardware that currently costs USD 1,500. In addition, a simulation center requires between $12,000 to $300,000 annually for consumable materials, such as surgical supplies, maintenance, upgrades, and other administrative overhead costs.

COVID-19 Impact Analysis on Surgical Simulation Market

The COVID-19 infection has stepped into almost every country, due to which the number of infected patients is increasing, which is straining the countries’ healthcare ecosystem and resources. The pandemic has had a dual impact on the surgical simulation market, visible in the workforce and staffing issues, procedural prioritization, intraoperative viral transmission risk, and surgical education. After a few months, when remote working and virtual communication became popular, virtual simulation was adopted to enhance and strengthen procedural and patient care skills during the pandemic.

Surgical Simulation Market Segmentation Analysis

The laparoscopic segment is expected to hold the largest share in this market segment.

Surgeons are found shifting to MIS, primarily laparoscopy and robotic surgery from open surgery. However, the MIS, primarily laparoscopy and robotic surgery require skilled surgeons to deliver successful procedures. There has been rapid adoption of the MIS in cholecystectomy, appendectomy, gastric bypass, ventral hernia repair, colectomy, prostatectomy, tubal ligation, hysterectomy, and myomectomy procedures. For instance, In February 2020, VirtaMed AG and KARL STORZ SE & Co. KG launched a novel mixed-reality simulator, LapTrainer, for laparoscopic skill training. LapTrainer offers to enable medical professionals to acquire key skills with increased efficiency, by the repetition of short simulation sequences. Thus, the increasing MIS surgeries and the need for skilled professionals have propelled the laparoscopic surgical simulation market.

The academic & research institutes segment is expected to hold the largest share in this market segment.

The academic & research institutes classification, based on end-user, is predicted to witness the fastest growth in the surgical simulation market in the immediate future. This would be because of the consistently high demand for simulators to enhance residents' surgical skills before they start operating in reality. Furthermore, the number of such educational institutes is rising, and the government in various countries is offering funds to academic and research institutes to procure advanced surgical training equipment. For instance, in April 2020, Fundamental VR, a digital health company that uses VR to help train surgeons, announced the expansion of its educational platform, named Fundamental Surgery. The platform’s new education modality, @HomeVR, offers educational simulations accredited by the American Academy of Orthopedic Surgeons and the Royal College of Surgeons, on standalone VR headsets, such as Oculus Quest and HTC Vive Focus Plus.

Surgical Simulation Market Geographical Share

North America region holds the largest market share of the global surgical simulation market

Historically, North America was the largest integrator of simulation solutions in the medical training domain, as equipment and software vendors are increasingly collaborating with research and medical centers. Further, with the rising healthcare expenditure and surgery volume, all types of establishments, from research institutes to hospitals, are procuring simulators. For instance, On August 6, 2019, Mentice AB, a world leader in simulation solutions for endovascular therapies, introduced a software subscription for its VIST endovascular simulation platform to hospitals and health systems. For instance, in July 2019, an ultrasound-guided shoulder injection trainer was introduced by Limbs & Things Ltd. It offers training for common shoulder issues related to the subdeltoid bursa, glenohumeral joint, biceps tendon sheath, and acromioclavicular joint to specialist trainees and postgraduates.

In the same vein, in November 2018, 3D Systems Corporation unveiled its Simbionix ARTHRO Mentor Express training simulator.

Surgical Simulation Market Companies and Competitive Landscape

The global surgical simulation market is highly competitive with the presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include 3D Systems, Canadian Aviation Electronics (CAE), Gaumard Scientific Company Inc, Kyoto Kagaku Co. Ltd, Laerdal Medical, VirtaMed AG, Mentice AB, Simulab Corporation, Nasco Healthcare, Surgical Science Sweden AB, Simendo Company and Voxel-Man. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the market globally. For instance, In May 2020, iSimulate launched 'REALITi Go' to replace the existing version of advanced life support (ALS) systems. REALITi Go, a lightweight and economical version of the simulated patient monitors of iSimulate. It is a component of the smart, integrated, and modular simulation ecosystem REALITi360, which provides greater flexibility and additional benefits than its predecessor ALSi. For realistic simulations, REALITi Go mimics defibrillators, patient monitors, and ventilators. iSimulate's generic patient monitor screen simulations look, sound, and function like the real thing.

Surgical Simulation Market – Market Key Companies to Watch

Canadian Aviation Electronics (CAE)

Overview: CAE Healthcare delivers educational tools that help healthcare professionals provide safe, high-quality patient care. CAE Healthcare is one of the three core businesses of CAE, a global leader in delivering training for the civil aviation, defence and security, and healthcare markets. It has the broadest global presence globally, with over 9,000 employees, 160 sites and training locations in over 35 countries. Each year, it trains more than 220,000 civil and defence crewmembers and thousands of healthcare professionals worldwide.

Product Portfolio: It provides an end-to-end spectrum of simulation-based solutions including patient, surgical and ultrasound simulators with virtual and augmented reality, centre management systems and turnkey solutions.

Product: CAE LapVR- CAE LapVR surgical simulator for laparoscopy training allows learners to develop proficiency in techniques such as suturing, knot tying and loop ligation as well as some frequently performed laparoscopic surgeries like gallbladder removal and tubal occlusion for risk-free learning before they touch their first patient.

Key Developments: In January 2018, CAE healthcare signed a partnership with the American Heart Association (AHA) for the establishment of various international training sites to deliver AHA lifesaving courses globally.

Why Purchase the Report?

• Visualize the composition of the surgical simulation market segmentation by offerings, technology, end-user and region, highlighting the key commercial assets and players.
• Identify commercial opportunities in the surgical simulation market by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of surgical simulation market-level 4/5 segmentation.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players

The global surgical simulation market report would provide access to an approx. 40+ market data table, 45+ figures and 180 pages. 

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