Surgical Simulation Market size is expected to reach USD 835.2 million by 2028
Surgical Simulation Industry Overview The global surgical simulation market size was valued at USD 253 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 16.1% from 2021 to 2028. Increasing focus on patient safety and the growing geriatric population is propelling the demand for surgical simulation products. According to the WHO, the population in the Southeast Asia region is rapidly aging. In 2017, the proportion of persons aged 60 or above was 9.8%, which will be augmented to 13.7% by 2030 and 20.3% by 2050. Thus, the health issues in elder people are diverse, such as Noncommunicable Diseases (NCDs) injuries and disabilities, owing to declining functional ability. The rising number of surgeries performed globally is expected to result in high demand for simulation products to help avoid or diminish medical errors during surgeries, which, in turn, is contributing to the market growth. With technological advancement, the use of m...