Saturday, 21 March 2020

Surgical Simulation Market – Analysis and Forecast To 2024 | Voxel-Man, MEDICAL-X, Simulab Corporation.

Surgical care is essential for managing diverse health conditions. Simulation is an immersive, practical technique of learning technical skills. Surgical simulation is a technology developed to simulate surgical procedures for training medical professionals. The global surgical simulation market is growing at a significant rate, due to a mounting number of surgical procedures, and escalating demand for minimally invasive surgeries.

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Growing awareness about the surgical simulation in emerging countries, development of technologically advanced products and escalating collaborations to reduce medical errors are also facilitating the growth of the surgical simulation market.

High operating cost and operational challenges are the major challenges for the growth of surgical simulation market.

Globally, the manufacturing companies trying to enter the surgical simulation market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier to the entry of new players. This offers an edge to the established players in the industry competition.

Asia-Pacific is observed to witness the fastest growth in the market, due to expanding the geriatric population. In addition, mounting healthcare expenditure, and escalating inclination towards minimally invasive procedures are also creating a positive impact on the surgical simulation market growth in the region.

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Key players in the surgical simulation market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In December 2017, OSSimTech designed virtual reality open surgery training simulator to boost surgeon’s training skills.

In January 2016, CAE Inc., introduced NeuroVR, a neurosurgery simulator for realistic training situation for open cranial and endoscopic brain surgery procedures. Limbs & Things Ltd., CAE Inc., VirtaMed AG, Mentice AB, Surgical Science Sweden AB, Voxel-Man, 3D Systems Corporation, MEDICAL-X, Simulab Corporation, and OSSimTech are the key players offering surgical simulation.

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