There were 268 press releases posted in the last 24 hours and 153,354 in the last 365 days.

Surgical Simulation Market to Grow at 15.7% CAGR in Coming Years: P&S Intelligence

NEW YORK, April 17, 2019 (GLOBE NEWSWIRE) -- Due to the growing geriatric population, increasing volume of surgeries, rising demand for minimally invasive surgeries, and technologically advancements, the market for surgical simulation is expanding at a rapid pace. In 2017, the global surgical simulation market generated $254.7 million and is projected to witness a CAGR of 15.7% during the forecast period (2018–2023). With the increased number of surgeries performed globally and the rise in awareness about procedural errors, surgical simulation has gained traction across the world.

Request to get the sample pages of the report:

Surgical simulation is a technology introduced to imitate surgical procedures for the purpose of providing training to medical practitioners or students without having the need to rely on patients, animals, or cadavers. It is kind of virtual reality system adopted by medical institutes to impart surgical training to medical practitioners in an effort to prepare them for surgeries on actual patients. Surgical simulation helps in brushing up the procedural, technical, and operational skills of medical practitioners.

The surgical simulation market is broadly divided into services and products, based on the offering segment. As a result of the increased number of surgeries performed globally, the demand for surgical simulation products was quite high in the historical period 2013–2017. In 2017, surgical simulation products held a larger share in the market, generating more than 60% of the total revenue. Simulators offer a realistic approach to surgical training via anatomical models, haptic sensation, and 3D images.

Browse report overview with 153 tables and 52 figures spread through 170 pages and detailed TOC on "Surgical Simulation Market” at:

One of the factors that are driving the growth of the surgical simulation market is the increasing number of surgeries performed globally due to the rising prevalence of chronic diseases. Because of the poor lifestyle choices people make these days, such as poor diet, lack of physical activity, and smoking and alcohol abuse, the prevalence of chronic diseases is increasing. Chronic diseases that require surgical invention include cardiovascular diseases, arthritis, and diabetes.

According to the World Bank, 30,537 surgeries were performed per 100,000 people in the U.S. in 2012. Similarly, 28,907 surgeries were done per 100,000 residents in Australia in 2015. The data given by the World Health Organization helps put things into a broader perspective. As per it, in 2012, around 300 million surgeries were performed globally, and this number is only expected to rise. The increasing number of surgical procedures is resulting in a high demand for error-reducing surgical simulation methods, which, in turn, is aiding the surgical simulation market growth.

Make enquiry before buying the report:

Many companies are now investing in the surgical simulation market for the development of technologically advanced products that will help medical practitioners enhance their surgical skills. For instance, in June 2018, CAE Healthcare, a business division of CAE Inc., introduced CAE Ares, an emergency care manikin designed to help emergency care providers meet their life support training requirements. CAE Ares helps in CPR metrics, advanced airway training, defibrillation and pacing, cardioversion, intramuscular injection, needle decompression, and intraosseous and intravenous access. Besides, it has the SymEyes feature, which simulates medical states and conditions related to the eyes.

Thus, the market is slated to prosper with the rising number of surgeries and the growing need for reducing surgical errors, allowing manufacturers to launch more advanced simulators.

More Related Reports by P&S Intelligence

Medical Display Monitor Market

During the forecast period, the medical display monitor market is expected to witness the fastest growth in LATAM. Advanced diagnostic imaging technologies are leading to a high demand for medical imaging devices, which, in turn, is boosting the market growth in LATAM.

Urology Surgical Instrument Market

Asia-Pacific (APAC) is expected to be the fastest growing urology surgical instrument market during the forecast period, with a CAGR of 9.4%. This can be attributed to increasing awareness about urological disorders, leading medical tourism destinations, and growing healthcare industry in the region.

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.


P&S Intelligence

Toll-free: +1-888-778-7886 (USA/Canada)

International: +1-347-960-6455



Connect with us: LinkedIn | Twitter | Facebook

/EIN News/ --


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.