Medical Simulation Market size is expected to reach a value of USD 7.49 billion by 2030
Medical Simulation Industry Overview The global medical simulation market size was estimated at USD 2.18 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 16.7% from 2023 to 2030. Growing technological advancements, preference for minimally invasive treatment, and focus on patient safety are the factors anticipated to boost the market growth. The COVID-19 pandemic has negatively impacted various market players. Canadian Aviation Electronics, Ltd reported that medical and nursing schools are a major part of the simulation products market. This has negatively impacted their ability in completing contracts and also in delivering existing orders. Gather more insights about the market drivers, restrains and growth of the Medical Simulation Market COVID-19 began to hamper the demand in Asia early in the fourth quarter of the financial year 2020, with border restrictions in place, and in North America and Europe, later in Mar...