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Global Medical Education Market To Be Driven By Digitisation In The Forecast Period Of 2021-2026

The new report by Expert Market Research titled, ‘Global Medical Education Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global medical education market, assessing the market based on its segments like delivery mode, training, end use, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 41.6 billion
  • Forecast CAGR (2021-2026): 4%

The presence of stringent regulatory mandates related to CME services, as well as technical advances in the healthcare industry and rapid development in the online education and e-learning field, are all driving growth in this area. Educational solutions have grown in popularity over time. The learning process has been redefined thanks to technological advancements in the area. The key goal of online education solutions is to monitor the learning process and to build an interactive learning atmosphere such that more functionalities can be added to improve learning abilities. The rising demand for digitalisation of education for effective learning is boosting the market growth of medical education.

Industry Definition and Major Segments

Medical education encompasses the basic preparation to become a physician (i.e., medical school and internship) as well as further training after that (e.g., residency, fellowship and continuing medical education). The quality of medical education and training varies greatly across the world. In medical education, which is an active field of educational study, various teaching methodologies have been used.

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The industry can be categorised based on its delivery mode into:

  • Classroom-based course
  • Distance
  • Online
  • Others

The industry can be divided based on training into:

  • Cardiothoracic
  • Neurology
  • Orthopaedic
  • Oral and maxillofacial
  • Paediatric
  • Radiology
  • Laboratory
  • Others

The industry can be broadly categorised on the basis of its end use into:

  • School of Medicine
  • Government/Military Organisations
  • Hospital
  • Insurance and Company
  • Non-Profit Organisation
  • Publishing or Education Company
  • Others

On the basis of regional markets, the industry is divided into:

1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

Market Trends

The enhanced demand for online learning has arisen from the growing need to have a framework that not only increases medical professionals’ expertise but also allows them to keep up with new developments in the medical field. Digitalisation has helped to open up a slew of new opportunities for the global medical education industry. Universities are introducing creative educational practises such as practical oriented approaches, evidence-based medicine (EBM), problem-based learning (PBL), and hands-on engagement and instruction with patients to develop their medical skills, rather than conventional discipline-based curriculums. Medical education on the internet is likely to expand because it provides unprecedented access to new research methods such as speed customisation and immersive learning through videos and audios, all of which are cost-effective.

Key Market Players

The major players in the market are Harvard Medical School, University of Oxford, University of Cambridge, Stanford Medicine, Gundersen Health System, Koninklijke Philips N.V., Siemens Healthcare Private Limited, Zimmer Pvt. Ltd., and Olympus America, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

Company Name: Claight Corporation
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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