Medical education is the term associated with the practice of working as a medical practitioner either for initial training to become a doctor or for additional training after gaining the degree. Medical education market actors includemedical schools, health program providers, nursing programs providers, and such others. Continuous growth in world population and rising awareness towards personal health is creating the need for seeking medical education, either for working as a medical practitioner or for personal care.
Global market for medical education is on the rise due to diversity in education provided and cost effective training programs. Major segments of medical education include:
- Medical information
- Medical distance learning
- Hospital training
- Allied nursing/ physician education
- Consumer medical information
- Allied health education
Market for medical education is growing rapidly in developed economies due to rising awareness among people towards personal and communal health. Medical education is an important component of hospital industry as it plays a significant role in growth and development of healthcare industry. Despite of significant growth in number of medical colleges across the world in past few years, the growing needs of increasing population still remains unmet. This is creating potential opportunities for the growth of medical education in global scenario.