(MENAFN- GlobeNewsWire - Nasdaq)
New York, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report 'Healthcare Education Global Market Report 2022: Ukraine-Russia War Impact' -
The global healthcare education market is expected to grow from $77.74 billion in 2021 to $88.42 billion in 2022 at a compound annual growth rate (CAGR) of 13.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The healthcare education market is expected to grow to $132.31 billion in 2026 at a CAGR of 10.6%.
The healthcare education market consists of sales of healthcare education services by entities (organizations, sole traders, and partnerships) that are used to educate people about their physical, mental, and social health.Health education refers to a strategy for implementing health promotion and disease prevention programs.
Healthcare education enables patients to learn and monitor their health conditions, improving patient care.
The main healthcare education providers are universities and academic centers, continuing medical education providers, OEMs or pharmaceutical companies, learning management systems providers, educational platforms, and medical simulation.The universities and academic centers are used to provide healthcare education to students and medical staff to improve their knowledge and expertise in health awareness and improve patient care.
Universities and academic centers refer to a place that provides medical education on-premises and online.The various delivery modes include classroom-based courses and e-learning solutions.
The types of healthcare education applications include academic education, cardiology, neurology, radiology, internal medicine, pediatrics, and others.Academic education refers to services used to provide medical education to students in universities, institutions, and colleges.
Academic education is a process of delivering education to students and improving skills and knowledge in a particular field. The various end-users are students, physicians, and non-physicians.
North America was the largest region in the healthcare education market in 2021. The regions covered in the healthcare education market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Rapid growth in online education is expected to propel the growth of the healthcare education market going forward.Online education refers to an internet-based delivery of education in which classes are conducted on laptops and smartphones.
Online education allows people in remote areas to access high-quality medical education.For instance, according to World Economic Forum (WEF), a Switzerland-based non-governmental and lobbying organization, 71 million students and other learners were registered for Coursera's online courses in 2020, which increased to 92 million in 2021.
There was an increase of 21 million registrations in one year. Therefore, rapid growth in online education is driving the growth of the health care education market.
Technological advancements have emerged as a key trend in healthcare education and are gaining popularity in the healthcare education market.Major market players are concentrating their efforts on creating innovative technologies such as the use of virtual reality to deliver quality education in the field of healthcare.
For instance, in February 2021, Elsevier, a Netherlands-based company that is working in research publication and information analytics launched innovative virtual reality healthcare simulations for medical students in schools in North America. This advanced simulation learning system offers 100 virtual reality patients and 160 lab-based scenarios that will help students acquire quality education and enhance their skills used in medical operations.
In November 2021, Elsevier, a Netherlands-based academic publishing company specializing in science, technology, and healthcare publication acquired Osmosis for an undisclosed amount.This acquisition helps Elsevier to expand its healthcare education solution portfolio and visual learning platform across the globe.
Osmosis is a US-based healthcare education platform for medical professionals.
The countries covered in the healthcare education market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The healthcare education market research report is one of a series of new reports that provides healthcare education market statistics, including healthcare education industry global market size, regional shares, competitors with healthcare education market share, detailed healthcare education market segments, market trends and opportunities, and any further data you may need to thrive in the healthcare education industry. This healthcare education market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Read the full report:
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.