The Germany medical simulation market is estimated to grow modestly, at a CAGR of around 11.4%, during the forecast period. The Germany market is driven by the increasing adoption of minimally invasive procedures across the country. Moreover, a rise in colectomies procedures has reported in Germany. For instance, according to Eurostat, Germany recorded the highest frequency of colectomies, 107.7 colectomies per 100,000 inhabitants in 2015. The country has also reported the highest frequency of pulmectomies with 39.1 of these operations per 100 000 inhabitants. The data shows a significant number of colectomies and pulmectomies procedures performed in Germany, which in turn is expected to augment training for the surgical trainees engaging in surgical procedures for colectomies and pulmectomies. This is one of the key factors which is expected to create opportunities for the augmentation of the market over the forecast period.
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The Germany medical simulation market is segmented on the basis of product and service, fidelity and end-users. On the basis of product and services, the market is further segmented into web-based simulation, model-based simulation and simulation training services. Germany model-based simulation market is growing at the significant CAGR during the forecast period. The market growth is owing to increasing adoption of patient simulators in hospitals and educational institutions. Moreover, on the basis of fidelity, the market can be further segmented into low, medium and high. The market for low fidelity was estimated to hold a significant share in the market in the end-user segment. On the basis of end-users, the market can be further segmented into academic institutes and research centers; military organizations and hospitals.
The companies which are contributing to the growth of the Germany medical simulation market include TruCorp Ltd., EMD Services Ltd., Surgical Science Inc., Limbs & Things Ltd., Kavo Dental, VRmagic Holding AG and 3B Scientific GmbH. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. .
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Germany Medical Simulation Market Segmentation
By Products and Services
- Web-based Simulation
- Model-based Simulation
- Simulation Training Services
By Fidelity
- Low Fidelity
- Medium Fidelity
- High Fidelity
- Germany Medical Simulation Market by End-Users
By Academic Institutes and Research Centers
- Military Organizations
- Hospitals
