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North America Medical Simulation Market Forecast 2019-2027

KEY FINDINGS
The North America medical simulation market is expected to grow at a CAGR of 11.59% during the forecast period. The large size of the market and favorable government schemes are the primary factors propelling market growth.

MARKET INSIGHTS
The North America medical simulation market is assessed on the basis of markets across the regions, such as the United States and Canada. North America is expected to garner a major market share by 2027. The United States has a huge number of simulation-based education centers, and is a leader in the global market in terms of market share and product development. The U.S market is estimated to witness a steady growth rate due to market approval benefits. Canada is estimated to record faster growth during the forecast period. The presence of various organizations, simulation centers, training programs, along with the inclination of government in promoting medical simulation, makes the region conducive for further market growth. The lack of absolute reality in simulation setups challenges market growth. However, some universities are improving the standards of their simulation program to challenge the issue at hand.

COMPETITIVE INSIGHTS
There is an increasing number of industry players in the market, expanding their bases across various regions. Some of the industry players are Limbs & Things Ltd., KindHeart Inc., Nasco, Mentice AB, Gaumard Scientific Company, Kyoto Kagaku Co. Ltd., Canadian Aviation Electronics (CAE), Laerdal Medical AS, etc.

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North America Medical Simulation Market Forecast 2019-2027
Published By :Inkwood Research
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