Medical Education Market Buoyed by the Upward Trend of Digitalization


Published on : Jul 11, 2019

Albany, New York, July 11, 2019:Already gaining significance as a multi-billion dollar landscape in developed markets, medical education programs are now gaining ground in developing economies, exploring the untapped potential of these regions. The fast momentum of the medical education market evident, with growing number of students looking for medical education and online training. Digitalization continues to play a vital role in growth of the medical education market, bridging the gap between professional practices and new technology advances. 

The medical education market is estimated to reach ~US$ 44 Bn in 2019, and is projected to trace a steady, upward trajectory through 2027. This is according to the report titled, “Medical Education Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027,” included in the all-inclusive repository of the Market Research Hub (MRH). Various healthcare facilities are mandating online training for achieving professional privileges, which in turn is favoring demand for medical education worldwide. 

Online medical education has been on an upward spiral recently, in light of its unmatched delivery of access to old as well as new research techniques. The healthcare sector continues to benefit from medical education’s potential to create opportunities for developing new tools with distinct features and integrated with novel technologies. Leading players in the medical education market are capitalizing on the supply-demand imbalance, for eating into the untapped potential of the market, sensing opportunities in regions with a large pool of healthcare settings and professionals. 

Medical Education Market: Research Scope 

The analysis and insights into the medical education market delivered in the report are backed by a two-step methodology, which involves extensive secondary and primary researches. The secondary research involves company financials & annual reports, industry associated publications, white papers, and several websites associated with the medical education landscape. Primary interviews have been carried out with global leading company CEOs and opinion leaders in the medical education landscape. 

This report gives an exhaustive assessment of the most influential factors for growth of the medical education market. Key dynamics impacting growth of the medical education market have been identified and their intensity of influence has been assessed, while size of the market has been delivered in US$ Mn. The report also offers a detailed analysis of the value chain, pricing, supply chain, and Porter’s fiver forces analysis of the medical education market. 

This report offers a detailed assessment of the competition scenario in the medical education market, where players operating in medical education landscape have been identified & profiled. Dashboard view of all players profiled has also been offered at the beginning of this section. Analysis on the competition landscape includes overview of the companies in terms of financials, product launches, recent developments, portfolio and SWOT analysis. 

Key contributors to growth of the medical education market, as profiled in the report, include Gundersen Health System, American College of Radiology, GE Healthcare Institute, Healthcare Training Institute, New Jersey, TACT Academy for Clinical Training, Olympus America, Zimmer Biomet Institute, Johns Hopkins School of Medicine, Harvard Medical School, Siemens Healthineers, Apollo Hospitals, and Stanford University School of Medicine.

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