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Global Medical Education Market to grow by 17 per cent by 2022

Published:Friday | September 14, 2018 | 12:00 AM

LONDON:

The global medical education market 2018-2022 is expected to post a CAGR of close to 17 per cent during the forecast period, according to the latest market research report by Technavio.

Technavio has published a new market research report on the global medical education market from 2018-2022. A key factor driving the growth of the market is the increasing enrolment in medical courses. In the U.S., the number of applications for medical schools was estimated at 90,000 in 2017. The association also highlighted an increase in ethnic diversity among its medical-student base, displaying an increased demand for medical education among the diverse population base of the US. This increase can be attributed to a high demand for qualified healthcare professionals in the US.

This market research report on the global medical education market 2018-2022 also provides an analysis of the most important trends expected to affect the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

In this report, Technavio highlights the gamification in medical education as one of the key emerging trends in the global medical-education market:

The medical students report higher cases of burnout as compared to other students due to strenuous curriculum and environment. Thus, to motivate students, medical schools are implementing the concept of gamification wherein the game-design elements are applied.

"Medical students can be provided with a platform for visualisation and interaction with the material. Gamification also involves the incorporation of games to develop medical skills in small-group classes. It provides better learning opportunities as students can gather medical knowledge through simulated results," says a senior analyst at Technavio for research on K12 and higher education.

This market research report segments the global medical-education market by courses (graduate courses, certifications, and trainings, and postgraduate courses), by learning model (blended learning and online learning), and geographical regions (APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of more than 42 per cent, followed by APAC and EMEA, respectively. The region is expected to continue to dominate the market during the forecast period.

Some of the key topics covered in the report include:

- Market landscape

- Market ecosystem

- Market characteristics

- Market segmentation analysis

- Market sizing

- Market definition market size and forecast Five Forces Analysis

- Market segmentation

- Geographical segmentation

- Regional comparison

- Key leading countries

- Market drivers

- Market challenges

- Market trends

- Vendor landscape

- Vendors covered

- Vendor classification

- Market positioning of vendors

- Competitive scenario

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