Healthcare/Medical Simulation Market Registering At A CAGR of 16.3% For The Forecast Period From 2018 To 2026 : Grand View Research Inc.
San Francisco, 15 July 2019: The Report Healthcare/Medical Simulation Market Size, Share & Trends Analysis Report By End Use, By Products & Services (Anatomical Models, Web-based Simulators, Simulation Software), and Segment Forecasts, 2018 - 2026 The global healthcare/medical simulation market size is estimated to reach USD 5.25 billion by 2026, according to a new report by Grand View Research, Inc., rising at a CAGR of 16.3% during the forecast period. Rapid technological advancements, spiraling demand for minimally invasive treatment procedures, and increasing focus on patient safety are providing a fillip to the market. Patient safety is one of the rising concerns in the healthcare industry due to increasing death rate from medical errors. For instance, as per a study published in 2016 by patient safety researchers in the British Medical Journal, medical errors in hospitals and other healthcare facilities are reported to be the 3rd leading cause of deaths in the U.