(MENAFN- GlobeNewsWire - Nasdaq) Newark, New Castle, USA, May 01, 2023 (GLOBE NEWSWIRE) -- According to a recent study by Growth Plus Reports, the global palpation simulator market is set to register a revenue CAGR of 1.8% by 2031 .
The global market for palpation simulators was analyzed, and it is expected to rise significantly during the forecast period. Palpation is a process to check for anomalies like lumps, bumps, or irregularities in tissues and structures. Palpation simulators can be utilized in various medical settings, such as teaching physicians and medical students how to perform diagnostic procedures and enhance their palpation abilities.
Recent Development in the Global Palpation Simulator Market:
Launch of advanced palpation simulator models - Several market players are launching new advanced models of palpation simulators that feature interactive haptic feedback, realistic anatomy, and advanced imaging technologies, for ex. Gaumard launched Leopold's Maneuvers and Palpation Abdomen for Obstetric Susie® S500 (S500.3) to enable fetal babies with palpable fontanelles, spine, shoulders, elbows, and knees to be useful for labor and delivery skills training.
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Palpation Simulator Market Scope
| Report Attribute | Details |
| Growth Rate | CAGR of 1.8% from 2023 to 2031 |
| Base Year for Estimation | 2022 |
| Forecast Period | 2023 to 2031 |
| Historical Year | 2021 |
| Segments Covered | Application, Type, End User, and Region |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Key Takeaways:
The demand for various simulation products for medical training is driving the market revenue share. The increased advancements in application, particularly in virtual reality (VR) and augmented reality (AR), are driving product demand. Rising investments in significant R&D activities are creating a strong product pipeline.
Market Drivers and Restraints:
The driving factor for the palpation simulator market revenue is the rising demand for simulation products in medical training and advancements in healthcare technology in AR and VR. Furthermore, manufacturers putting a strong emphasis on continuous innovation are creating advanced palpitation simulators, contributing to market revenue growth.
However, the high cost, and lack of a standardized approach to developing and using palpitation simulation, may limit market revenue growth.
Market Segmentation:
Segmentation By Application
Based on applications, the global palpation simulator market is segmented into abdomen, breast, heart, dental, hand & legs, and others. Due to the range of features, including realistic anatomy & tissue feels, the ability to simulate range of medical conditions, and the ability to provide feedback, the abdomen palpation simulator segment accounts for the largest market revenue share.
Segmentation By Type
Based on types, the global palpation simulator market is segmented into electrical, mechanical, and hybrid palpation. Due to the presence of electrical sensors and actuators to represent human anatomy visually, allowing medical professionals to study and improve their palpation skills, the electrical palpation segment accounts for the largest revenue share.
Segmentation By End-User
Based on end-user, the global palpation simulator market is segmented into hospitals, medical schools and universities, and research & development institutes. Due to the large utilization by researchers and developers to test and develop new medical technologies and techniques, the research & development institutes segment accounts for a sizable revenue share in the global market for palpation simulators.
Regional Growth Dynamics
Based on the region, the global palpation simulator market is segmented into North America, Asia Pacific, Latin America, Europe, and the Middle East & Africa. Due to the availability of a sophisticated healthcare system, the presence of key market players, and the fast adoption of technology, North America accounts for the largest revenue share in the global market.
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Competitive Landscape
Following is a list of the top market players operating in the global market for palpation simulators:
Gaumard Scientific 3B Scientific GmbH Limmer Education, LLC Simulocity Simbionix
Report Coverage
Growth Plus Reports studied the global market for palpation simulator in-depth and analyzed the basic market characteristics, significant investment areas, analytics of regional growth, revenue forecast, competitive market players, mergers, and acquisitions.
Table of Content
INTRODUCTION Market Ecosystem
Timeline Under Consideration
Historical Years – 2021
Base Year – 2022
Forecast Years – 2023 to 2031
Currency Used in the Report
RESEARCH METHODOLOGY Research Approach
Data Collection Methodology
Data Sources
Secondary Sources
Primary Sources
Market Estimation Approach
Bottom Up
Top Down
Market Forecasting Model
Limitations and Assumptions
PREMIUM INSIGHTS Current Market Trends (COVID-19 Perspective)
Key Players & Competitive Positioning (2022)
Regulatory Landscape
MARKET DYNAMICS Drivers
Restraints/Challenges
Opportunities
GLOBAL PALPATION SIMULATOR MARKET - ANALYSIS & FORECAST, BY APPLICATION Breast
Abdomen
Heart
Dental
Hand & Legs
Others
GLOBAL PALPATION SIMULATOR MARKET - ANALYSIS & FORECAST, BY TYPE Mechanical Palpation
Electrical Palpation
Hybrid Palpation
GLOBAL PALPATION SIMULATOR MARKET - ANALYSIS & FORECAST, BY END USER Hospitals
Medical Schools and Universities
Research and Development Institutes
palpation simulator market toc
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