Online Medical Education Market: Recent Industry Developments and Growth Strategies Adopted by Players

Medical Education Market: Segmentation

Fact.MR has studied the medical education market with detailed segmentation on the basis of delivery method, mode of training, types of training, type of organization and region.

Delivery Method

• Internet Enduring Materials
• Courses
• Regularly Scheduled Series and Other Enduring Materials

Mode of Training

• On-campus
• Distance
• Online

Types of Training

• Cardiothoracic Training
• Neurology Training
• Orthopedic Training
• Oral and Maxillofacial Training
• Pediatric Training
• Radiology Training
• Laboratory
• Others

Type of Organization

• School of Medicine
• Government/Military Organizations
• Hospitals
• Insurance Companies
• Non-profit Organizations
• Publishing or Education Companies
• Others

Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.”

Medical Education Market- Scope Of The Report

The recent study by Fact.MR on the medical education market offers a 7-year forecast for the period of 2020-2027. The study analyzes crucial trends that are currently determining the growth of the medical education market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the provision of medical education. The study also provides dynamics responsible for influencing the future status of the medical education market over the forecast period.

A detailed assessment of the medical education market value chain and business execution across the regional markets has been covered in the report. A list of prominent companies operating in the medical education market along with their product portfolio enhances the reliability of this comprehensive research study.

Medical Education Market: Report Summary

The study offers a comprehensive analysis on diverse features including infrastructure capacities, demand, new developments, and revenue generation in the medical education markets across the globe.

A comprehensive estimate of the market has been provided through an optimistic as well as a conservative scenario, taking into account the mode and types of training in the medical education market during the forecast period. Price point comparison by region with global average price is also considered in the study.

Medical Education Market: Size Evaluation

The medical education market has been analyzed for each market segment, in terms of value (US$ Mn).

Market estimates at global and regional levels for medical education is available in terms of “US$ Mn” for value. A Y-o-Y growth contrast on prominent medical education market segments, along with market attractiveness evaluation, has been incorporated in the report.

Medical Education Market: Inspected Assessment on Regional Segments

Key sections have been elaborated in the medical education report, which have helped deliver projection on the regional markets. These chapters include the regional macros (economic and business environment outlook) which are expected to have a momentous influence on the growth of the medical education market during the forecast period.

Country-specific valuation on demand for medical education has been offered for each regional market along with the market scope estimate, forecast, price index, and impact analysis of dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value for emerging countries has also been included in the report.

Medical Education Market: In-Depth Analysis on Competitive Landscape

The report sheds light on the leading providers of medical education along with their detailed profiles. Essential and up-to-date data information related to market performers, who are principally engaged in the provision of medical education, has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permit the report readers to take preemptive steps in advancing their businesses.

Key Takeaways of the Medical Education Market Study

• Cardiothoracic training remains highly preferred over other types of training, capturing a nearly one-fifth share of the total market value. High prevalence of lifestyle diseases such as obesity and hypertension has augmented the need for cardiac surgeries, thus stimulating the need for cardiothoracic training.
• By delivery method, courses continue to account for a majority share of the global market revenue. This is attributable to increasing number of medical courses with sub-specialties.
• Online and distance modes of training are anticipated to expand the fastest, attributed to mandatory social distancing measures implemented by governments to contain the spread of the coronavirus in 2020.
• By type of organization, school of medicine is expected to retain its dominance, capturing nearly 40% share of the medical education market. Rising investments in the establishments of medical schools is anticipated to drive the segment’s growth.
• North America’s medical education market leads the first wave of growth, owing to rising number of enrolments in medical schools and adoption of updated educational frameworks.
• Market growth prospects remain high in Asia Pacific, attributed to increased adoption of advanced technologies in research and teaching. Asia Pacific’s market value is expected to expand 1.4x during the forecast period.

“Governments and private institutions across the world are augmenting their funding for providing quality medical education, thus generating significant growth opportunities for the medical education market players. The emergence of online learning has negated the need for attending colleges or universities, further fueling the market growth,” concludes the Fact.MR analyst.