Medical Education Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

The report on global medical education market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global medical education market to grow with a CAGR of 4.2% over the forecast period of 2018-2024. The study on medical education market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.

The World Federation of Medical Educators and WHO have close and fruitful collaboration towards the reorientation of medical education. The growing need to treat chronic diseases along with rapid increasing population over the globe is driving the growth of medical education market has created a need to increase the number of medical professionals. In addition, major driving factors such as increasing preference for online education, growing awareness of global health discrepancy, rising exposure of advanced technologies and increasing penetration of internet are boosting the medical education market. Moreover, the significant increase in aging population has created the need for allied healthcare professionals such as physiotherapists and nurses, which in turn is also driving the medical education market. However, the lack of practical knowledge in distance education and cost of higher medical education in developed countries may hamper the growth medical education market. Going forward the technological advancement in the healthcare sector is expected to lead medical education market in near future.

North America has the highest market share in the medical education market in 2017. Rising demand for medical education especially in U.S. is anticipated to boost the market in this region owing to increase awareness about medical education among the students, increasing technological advancements, timely technological upgrades, consistent introduction of new courses and developed healthcare infrastructure that offers immense growth opportunities of medical education market in the North America region.

Asia Pacific region is expected to witness highest growth in medical education market in near future. Rapidly growing population along with increased disposable income, initiative taken by the government organizations to provide scholarships are some factors that are escalating the growth of this market in Asia pacific region. In addition, countries like china, japan and India are the fastest growing market in the global medical education market.

The report on medical education market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global medical education market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global medical education market over the period of 2016 to 2024. Further, the Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology

Primary Research

Primary research involves extensive interviews and analysis of the opinions provided by the primary respondents.

The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through:

1. Key Opinion Leaders associated
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Primary research respondents typically include:
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

Secondary sources of the data typically include:
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segments Covered

The global medical education market is segmented on the basis of training and mode of education.

Global Medical Education Market by Training

• Cardiothoracic


• Neurology


• Orthopedic


• Oral And Maxillofacial


• Pediatric


• Radiology


• Laboratory

Global Medical Education Market by Mode Of Education

• On-campus


• Distance


• Online

Company Profiles

• GE Healthcare


• Olympus Corporation


• Gundersen Health System


• Johnson and Johnson


• Bausch and Lomb


• Essilor International S.A.


• Alcona Inc.


• Novartis International AG


• Carl Zeiss AG


• The Cooper Companies

How this report delivers?

1. Comprehensive analysis of global as well as regional markets of medical education market.

2. Complete coverage of all the segments in medical education market to analyze the trends, developments in the global market and forecast of market size up to 2024.

3. Comprehensive analysis of the companies operating in global medical education market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

4. Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.