Medical Education Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

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Medical Education Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

Status : October, 2020 | Healthcare IT | PPT format

Report Digest


Global Medical Education Market: Overview

Medical education is all about the process of giving lessons and training to the doctors as well as to their subordinates to become a trained physicians or medical practitioner. Medical training and education varies substantially all over the world. The purpose of medical education is to prepare physicians for serving the very rudimentary tasks and purposes of medicine. The medical practitioners are anticipated to develop a very keen and sincere sense of service and commitment toward their patients. They need to have qualities that could be utilized to meet up with the demand of a society or an individual pertaining to their profession. With the expanding population, the demand for such professionals is bound to rise. This factor is anticipated to bolster growth of the global medical education market in the years to come.

Rapid developments and progress achieved in the infrastructure of the healthcare sector have garnered augmented investments for medical education. In addition to that, more medical schools and institutes supporting medical education have been developed across the globe. These factors are likely to encourage growth of the global medical education market during the assessment years, from 2019 to 2029.

Training, end use, delivery mode, and region are the four key parameters based on which the global medical education market has been divided. The objective of such segmentation is to offer a clearer, 360-degree view of the market.

Global Medical Education Market: Notable Developments

The global medical education market has come across some prominent developments in the recent years. One such development that has played an important role in influencing the course of the market is mentioned below:

  • In 2016, Apollo Hospitals entered into collaboration with the Sydney-based University of New South Wales to bring forth degree programs in public health in India.  With this collaboration, Apollo Hospitals increased the capacity and capabilities of the Indian medical workforce. This program also helped in addressing some of the important health challenges faced by the industry in India.

Some of the key players in the global medical education market comprise the below-mentioned:

  • Siemens Healthcare Private Limited
  • Harvard Medical School
  • Koninklijke Philips N.V.
  • University of Cambridge
  • Zimmer Pvt. Ltd.
  • University of Oxford

Global Medical Education Market: Key Trends

The following drivers, restraints, and opportunities characterize global medical education market over the assessment period, from 2019 to 2029.

Outbreak of Covid-19 is Likely to Boost Adoption Online Medical Education Programs

The development of the global medical education market is estimated to be influenced by the various factors. Launch of brand new collaborative models in the field of medical education and growing prominence and preference for continuing medical education (CME) and online education programs is likely to augur well for the market. As more students are opting for online teaching, the global medical education market is likely to gather momentum from the increased number of students from the medical field. Online teaching programs have gained huge attention and have gathered immense momentum due to the prevalence of Covid-19, a SARS-CoV-2 induced respiratory disease, across the globe. These factors are likely to support expansion of the global medical education market over the assessment years.

Global Medical Education Market: Geographical Analysis

Considering regional markets, North America is likely to come up as one of the leading regions in the global medical education market during the assessment period. The region is expexted to retain its attractiveness and dominant position due to the presence of several A-listed medical schools, such as Harvard Medical School, Johns Hopkins University, Mayo Clinic School of Medicine, Perelman School of Medicine (UPENN), Stanford University, and so on. In addition, high disposable income of the people coupled with top-notch healthcare infrastructure is expected to boost growth of the medical education market in North America.

The global medical education market is segmented as:

Delivery Mode

  • Classroom-Based Course
  • Distance
  • Online

Training

  • Cardiothoracic, Neurology
  • Orthopaedic
  • Oral and Maxillofacial
  • Pediatric
  • Radiology
  • Laboratory

End Use

  • School of Medicine
  • Government/Military Organizations
  • Hospital
  • Insurance & Company
  • Non-Profit Organization
  • Publishing or Education Company

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?