+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2016-08-08Number of Pages: 80

Medical Education Market (Type of Training - Cardiothoracic, Neurology, Orthopedic, Oral and Maxillofacial, Pediatric, Radiology, Laboratory; Mode of Education - On-campus, Distance, Online) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Medical Education Market: Snapshot

The medical education market is set to boom in the near future thanks to major advances made in the field of medical science, the surging incidence of chronic illnesses, increased incidences of various types of cancer, technological innovations, and the frequent introduction of new courses. The online learning space has grown manifold, especially in developed countries, owing to the growth of the online education market, the increased preference of updated and diverse courses, the development of new start-ups, and higher internet penetration.

Transparency Market Research predicts that the global medical education market is poised to expand at a 4.3% CAGR during the forecast period, rising from a value of US$25.9 bn in 2015 to US$38.4 bn by 2024.

Rising Incidence of Cardiovascular Diseases Spurs Cardiothoracic Education and Training

Medical education includes training in a number of disciplines, including cardiothoracic, neurology, orthopedic, oral and maxillofacial, pediatric, radiology, and laboratory. The cardiothoracic training segment led the medical education market in 2015 by revenue, driven by the rising incidence of cardiovascular diseases, especially coronary blockages. The effectiveness of cardiothoracic training in treating these diseases and curbing side effects such as thrombosis and restenosis associated with a percutaneous coronary intervention (PCI) has also fueled the growth of this segment. Other factors that drive the cardiothoracic training segment are the effective management of heart diseases, rising awareness among patients, and increased medical needs such as surgeries and diagnosis. The radiology training segment is likely to expand at the highest CAGR during the forecast period

global-medical-education-market

Technological Innovations and Upgrades Driving Medical Education in North America and Europe

Geographically, the medical education market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World.

North America was the leading market for medical education in 2015, followed by Europe. Being a well-established region in terms of medical education and healthcare, North America is likely to retain its dominant share throughout the forecast period. The medical education market offers immense growth potential in this region due to timely technological upgrades, increased awareness among patients, and the continuous evolution of information technology.

The growth of the medical education market in Europe is attributed to technological innovations, the consistent introduction of new courses, and increasing healthcare expenditure. In addition, the increased implementation of picture archiving and communication systems (PACS) and stable healthcare education policies widens the scope for growth and acceptance of medical education in this region.

Asia Pacific has been witnessing increased adoption of online training for medical education. Rapidly evolving healthcare infrastructure, the rising number of researchers in the medical field, several initiatives taken by government organizations to provide scholarships and economic relief to medical students, and the presence of a large pool of patients suffering from various types of cancers and cardiovascular diseases in countries such as India and China are some of the key factors driving the medical education market in Asia Pacific.

Apollo Hospitals, TACT Academy for Clinical Training, Zimmer Biomet Holdings, Inc. (Zimmer Institute), Olympus Corporation, Gundersen Health System, GE Healthcare, and Medical Training College are some of the leading players in the global medical education market. 

1. Introduction
     1.1. Report Scope
     1.2. Assumptions
     1.3. Market Segmentation 

2. Executive Summary
     2.1 Global Medical Education Market Share, by Geography, (Value %), 2015 and 2024
     2.2 Global Medical Education Market, by Type of Training (Value %), 2015 and 2024
     2.3 Global Medical Education Market, by Mode of Education, Value (%), 2015 and 2024
     2.4 Global Medical Education Market Snapshot

3. Market Overview
     3.1. Market dynamics
            3.2.1 Drivers
                   3.2.1.1 Increased preference for online education
                   3.2.1.2 Increasing prevalence of lifestyle-induced illnesses
            3.2.2 Restraints
                   3.2.2.1 High fee structure for classroom/On-campus training
                   3.2.2.2 Decreased preference for distance education
            3.2.3 Opportunities
                   3.2.3.1 Emerging e-learning markets in developing countries 
     3.2. Market Attractiveness Analysis

4 Market Segmentation - By Type of Training
     4.1. Global Medical Education Market, by Type of Training, (US$ Mn), 2014–2024
     4.2. Global Cardiothoracic Training Market Revenue and Forecast, (US$ Mn), 2014–2024
     4.3. Global Neurology Training Market Revenue and Forecast, (US$ Mn), 2014–2024
     4.4. Global Orthopedic Training Market Revenue and Forecast, (US$ Mn), 2014–2024
     4.5. Global Oral and Maxillofacial Training Market Revenue and Forecast, (US$ Mn), 2014–2024
     4.6. Global Pediatric Training Market Revenue and Forecast, (US$ Mn), 2014–2024
     4.7. Global Radiology Training Market Revenue and Forecast, (US$ Mn), 2014–2024
     4.8. Global Laboratory Training Market Revenue and Forecast, (US$ Mn), 2014–2024

5. Market Segmentation - By Mode of Education
     5.1. Global Medical Education Market, by Mode of Education, (US$ Mn), 2014–2024
     5.2. Global On-campus Training Market Revenue and Forecast (US$ Mn), 2014–2024
     5.3. Global Distance Training Market Revenue and Forecast (US$ Mn), 2014–2024
     5.4. Global Online Training Market Revenue and Forecast (US$ Mn), 2014–2024

6. Market Segmentation - By Geography
     6.1. Global Medical Education Market, by Geography, (US$ Mn), 2014–2024
     6.2. North America Medical Education Market Revenue, by Country (US$ Mn) 2014–2024
            6.2.1. U.S
            6.2.2. Canada
     6.3. North America Medical Education Market, by Type of Training (US$ Mn), 2014–2024
            6.3.1. Cardiothoracic
            6.3.2. Neurology
            6.3.3. Orthopedic
            6.3.4. Oral and Maxillofacial
            6.3.5. Pediatric
            6.3.6. Radiology
            6.3.7. Laboratory
     6.4. North America Medical Education Market, by Mode of Education (US$ Mn), 2014–2024
            6.4.1. On-campus
            6.4.2. Distance
            6.4.3. Online
     6.5. Europe Medical Education Market, by Country (US$ Mn), 2014–2024
            6.5.1. U.K.
            6.5.2. Germany
            6.5.3. Rest of Europe
     6.6. Europe Medical Education Market, by Mode of Training (US$ Mn), 2014–2024
            6.6.1. Cardiothoracic
            6.6.2. Neurology
            6.6.3. Orthopedic
            6.6.4. Oral and Maxillofacial
            6.6.5. Pediatric
            6.6.6. Radiology
            6.6.7. Laboratory
     6.7. Europe Medical Education Market, by Mode of Education (US$ Mn), 2014–2024
            6.7.1. On-campus
            6.7.2. Distance
            6.7.3. Online
     6.8. Asia Pacific Medical Education Market Revenue, by Country (US$ Mn) 2014–2024
            6.8.1. China 
            6.8.2. Japan
            6.8.3. India
            6.8.4. Rest of APAC
     6.9. Asia Pacific Medical Education Market, by Type of Training (US$ Mn), 2014–2024
            6.9.1. Cardiothoracic
            6.9.2. Neurology
            6.9.3. Orthopedic
            6.9.4. Oral and Maxillofacial
            6.9.5. Pediatric
            6.9.6. Radiology
            6.9.7. Laboratory
     6.10. Asia Pacific Medical Education Market, by Mode of Education (US$ Mn), 2014–2024
            6.10.1. On-campus
            6.10.2. Distance
            6.10.3. Online
     6.11. Rest of the World (RoW) Medical Education Market Revenue, by Country (US$ Mn) 2014–2024
            6.11.1. Brazil 
            6.11.2. South Africa
            6.11.3. Rest of Rest of the World
     6.12. Rest of the World (RoW) Medical Education Market, by Type of Training (US$ Mn), 2014–2024
            6.12.1. Cardiothoracic
            6.12.2. Neurology
            6.12.3. Orthopedic
            6.12.4. Oral and Maxillofacial
            6.12.5. Pediatric
            6.12.6. Radiology
            6.12.7. Laboratory
     6.13. Rest of the World (RoW) Medical Education Market, by Mode of Education (US$ Mn), 2014–2024
            6.13.1. On-campus
            6.13.2. Distance
            6.13.3. Online

7. Recommendations

8. Company Profiles
     8.1. Apollo Hospitals
            8.1.1. Company Details
            8.1.2. Business Overview
            8.1.3. Course Portfolio
            8.1.4. Financial Overview
            8.1.5. Strategies
            8.1.6. Recent Developments
     8.2. GE Healthcare
            8.2.1. Company Details
            8.2.2. Business Overview
            8.2.3. Course Portfolio
            8.2.4. Financial Overview
            8.2.5. Strategies
            8.2.6. Recent Developments
     8.3. Gundersen Health System
            8.3.1. Company Details
            8.3.2. Business Overview
            8.3.3. Course Portfolio
            8.3.4. Financial Overview
            8.3.5. Strategies
            8.3.6. Recent Developments
     8.4. Medical Training College
            8.4.1 Company Details
            8.4.2 Business Overview
            8.4.3 Course Portfolio
     8.5 Olympus Corporation
            8.5.1 Company Details
            8.5.2 Business Overview
            8.5.3 Course Portfolio
            8.5.4 Financial Overview
            8.5.5 Acquisition
            8.5.6 Recent Developments
     8.6 TACT Academy for Clinical Training
            8.6.1 Company Details
            8.6.2 Business Overview
            8.6.3 Course Portfolio
            8.6.4 Recent Developments
     8.7 Zimmer Biomet Holdings, Inc. (Zimmer Institute)
            8.7.1 Company Details
            8.7.2 Business Overview
            8.7.3 Course Portfolio
            8.7.4 Financial Overview
            8.7.5 Acquisition
            8.7.6 Recent Developments

List of Figures

Figure: 1 Global Medical Education Market Share, by Geography, (Value %), 2015
Figure: 2 Global Medical Education Market Share, by Geography, (Value %), 2024
Figure: 3 Global Medical Education Market, by Type of Training Value %), 2015
Figure: 4 Global Medical Education Market, by Type of Training Value %), 2024
Figure: 5 Global Medical Education Market, by Mode of Education, Value (%), 2015
Figure: 6 Global Medical Education Market, by Mode of Education, Value (%), 2024
Figure: 7 Market Attractiveness Analysis: Global Medical Education Market, by Geography, 2015
Figure: 8 Global Cardiothoracic Training Market Revenue and Forecast, (US$ Mn), 2014–2024
Figure: 9 Global Neurology Training Market Revenue and Forecast, (US$ Mn), 2014–2024
Figure: 10 Global Orthopedic Training Market Revenue and Forecast, (US$ Mn), 2014–2024
Figure: 11 Global Oral and Maxillofacial Training Market Revenue and Forecast, (US$ Mn), 2014–2024
Figure: 12 Global Pediatric Training Market Revenue and Forecast, (US$ Mn), 2014–2024
Figure: 13 Global Radiology Training Market Revenue and Forecast, (US$ Mn), 2014–2024
Figure: 14 Global Laboratory Training Market Revenue and Forecast, (US$ Mn), 2014–2024
Figure: 15 Global On-campus Training Market Revenue and Forecast (US$ Mn), 2014–2024
Figure: 16 Global Distance Training Market Revenue and Forecast (US$ Mn), 2014–2024
Figure: 17 Global Online Training Market Revenue and Forecast (US$ Mn), 2014–2024
Figure: 18 Apollo Hospitals: Financial Overview (US$ Mn), 2013–2015
Figure: 19 GE Healthcare Institute: Financial Overview (US$ Mn), 2013–2015
Figure: 20 Gundersen Health System: Financial Overview (US$ Mn), 2012–2014
Figure: 21 Olympus Corporation: Financial Overview (US$ Mn), 2013–2015
Figure: 22 Zimmer Biomet Holdings, Inc. (Zimmer Institute): Financial Overview (US$ Mn), 2013–2015

List of Tables

Table: 1 Global Medical Education Market, Snapshot
Table: 2 Global Medical Education Market, by Type of Training, (US$ Mn), 2014–2024
Table: 3 Global Medical Education Market, by Mode of Education, (US$ Mn), 2014–2024
Table: 4 Global Medical Education Market, by Geography, (US$ Mn), 2014–2024
Table: 5 North America Medical Education Market Revenue, by Country (US$ Mn) 2014–2024
Table: 6 North America Medical Education Market, by Type of Training (US$ Mn), 2014–2024
Table: 7 North America Medical Education Market, by Mode of Education (US$ Mn), 2014–2024
Table: 8 Europe Medical Education Market Revenue, by Country (US$ Mn) 2014–2024
Table: 9 Europe Medical Education Market, by Type of Training (US$ Mn), 2014–2024
Table: 10 Europe Medical Education Market, by Mode of Education (US$ Mn), 2014–2024
Table: 11 Asia Pacific Medical Education Market Revenue, by Country (US$ Mn) 2014–2024
Table: 12 Asia Pacific Medical Education Market, by Type of Training (US$ Mn), 2014–2024
Table: 13 Asia Pacific Medical Education Market, by Mode of Education (US$ Mn), 2014–2024
Table: 14 Rest of the World (RoW) Medical Education Market Revenue, by Country (US$ Mn) 2014–2024
Table: 15 Rest of the World (RoW) Medical Education Market, by Type of Training (US$ Mn), 2014–2024
Table: 16 Rest of the World (RoW) Medical Education Market, by Mode of Education (US$ Mn), 2014–2024

The global medical education market has been extensively analyzed based on factors such as type of training, educational advances, and cost of education across different geographies. The market size and forecast in terms of revenue (US$ Mn) for each of these medical course categories have been provided for the period 2014 to 2024. The report also provides the % compounded annual growth rate (CAGR) for the market for each segment from 2016 to 2024, considering 2015 as the base year.

The medical education market report evaluates each of the segments and its sub-categories in detail for market trends, recent developments, outlook, and opportunities. The market overview section of the report explores market dynamics such as drivers, restraints, and opportunities that currently have strong impact on the global medical education market and could influence the market in the future as well. Market attractiveness analysis has been provided in the market overview section in order to explain the intensity of competition between leading education providers operating across the globe.

The medical education market report analyzes the current and future prospects of the global market. Based on type of training, the market has been segmented into cardiothoracic, neurology, orthopedic, oral and maxillofacial, pediatric, radiology, and laboratory. On-campus, distance, and online are the major modes of education analyzed in this report. Geographically, the market has been segmented into North America, Europe, Asia Pacific, and Rest of the World.

Major drivers that are likely to boost demand and growth of the medical education market include increasing need to prevent and treat lifestyle diseases such as cardiovascular disorders (CVD), rising prevalence of cancer, and increasing patient pool of diabetes. Major restraints of the market are high fee structure for classroom/on-campus training and low preference for distance education. However, the report also highlights various opportunities that are expected to boost market growth during the forecast period.

Additional information such as recent developments in medical education and market dynamics, has been provided to assist new and existing players to venture and explore latent market opportunities in impending years. The executive summary section included in this report provides a snapshot of this market to the stakeholders. It summarizes the market size, trends, and competition for different regions. All these factors would help market players to take strategic decisions in order to strengthen their market positions and increase their market share. The recommendations section included in the report would assist existing market players in targeting all major stakeholders of this industry. The report also profiles major players in the global medical education market based on various attributes such as company details, institute details, business overview, financial facts, strategies, and recent developments.

Key players profiled in the medical education market report include Apollo Hospitals, GE Healthcare, Gundersen Health System, Medical Training College, Olympus Corporation, TACT Academy for Clinical Training, and Zimmer Biomet Holdings, Inc. (Zimmer Institute). TACT Academy for Clinical Training is a newly founded company, which holds immense scope of growth through its course offerings and collaborations.

The global medical education market has been segmented as follows:

Global Medical Education Market, by Type of Training

  • Cardiothoracic
  • Neurology
  • Orthopedic
  • Oral and Maxillofacial
  • Pediatric
  • Radiology
  • Laboratory

Global Medical Education Market, by Mode of Education

  • On-campus
  • Distance
  • Online

Global Medical Education Market, by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Rest of the World
    • Brazil
    • South Africa
    • Rest of Rest of the World


 
 
Back To Top