Sarasota, FL, March 30, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Medical Education Market by Type of Training (Cardiothoracic, Neurology, Orthopedic, Oral and Maxillofacial, Pediatric, Radiology, Laboratory) for On-campus, Distance and Online Mode of Education: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 - 2022”. According to the report, global Medical Education Market was valued at approximately USD 27.17 billion in 2016 and is expected to generate revenue of around USD 36.20 billion by end of 2022, growing at a CAGR of around 4.9% between 2017 and 2022.
Medical education is the science behind the teaching and learning in medicine. It has been firmly established field including cardiothoracic, neurology, orthopedic, pediatric, radiology etc. disciplines. Along with the advancement of medical science, medical education as a discipline has seen tremendous progress. The medical field is highly specialized and has many sub-specialties. Medical education requires highly skilled experts. However, rapid development and specialization in medical education have come with a price. The more developed the discipline has become; the more specialized and fragmented have become the books and publications on medical education.
Browse through 27 Market Tables and 20 Figures spread through 110 Pages and in-depth TOC on “Global Medical Education Market by Type, Application and Forecast 2016 – 2022”.
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The global medical education market is primarily driven by the need to treat chronic diseases with the high global burden. Other major driving factors are increasing penetration of internet and coupled with increased awareness of global health disparities. However, high fee structures for classroom training coupled with the lack of practical knowledge in distance learning are the major restraints that may limit the growth of the market. Nonetheless huge student base and positive economic growth coupled with increasing investments in healthcare across the globe are likely to disclose the new avenues for medical education market in the near future.
The medical education market is segmented on the basis of different types of training including cardiothoracic, neurology, orthopedic, oral and maxillofacial, pediatric, radiology and laboratory. The cardiothoracic segment is expected to grow at fastest rate in the global market over the forecast period. Based on the mode of education the medical education market is segmented into on-campus, distance and online. In terms of revenue, on campus segment dominated the market in terms of revenue.
Browse the full "Medical Education Market by Type of Training (Cardiothoracic, Neurology, Orthopedic, Oral and Maxillofacial, Pediatric, Radiology, Laboratory) for On-campus, Distance and Online Mode of Education: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 - 2022" report at https://www.zionmarketresearch.com/report/medical-education-market
North America represents developed regional markets for medical education and is expected to see the rapid growth in the years to come. The U.S. is by far the leading medical education market by country in North America. The U.S. market is expected to grow at the highest CAGR during the forecast period. This growth is mainly due to developed healthcare infrastructure, increased awareness among patients in this region. Moreover, timely technological upgrades due to developed healthcare IT solutions in this region promote the growth of medical education market.
Europe was the second largest regional market and is expected to show significant growth in the years to come. This growth is mainly due to consistent restructuring and up gradation of courses, stable healthcare education policies and technological innovations.
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Asia-Pacific is expected to witness rapid growth in the near future. In Asia, China, India, and Japan will continue to be the fastest growing markets in the medical education market. Growth in Asia-Pacific market is expected to be driven by high penetration rate of the internet, increased adoption of online training, rapidly evolving healthcare infrastructure and government scholarships and grants.
In the Middle East & Africa region is projected to register moderate growth rate. Latin America is another important regional market and is also expected to experience moderate growth over the forecast period. Positive economic growth is the main driving factor in this region. Thus, all the aforementioned parameters are expected to propel the market growth in this region.
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Some of the key players in medical education market include Apollo Hospitals, TACT Academy for Clinical Training, Zimmer Biomet Holdings, Inc. (Zimmer Institute), Olympus America, Gundersen Health System, GE Healthcare, and Medical Training College among others.
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This report segments the global medical education market 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 Region
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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