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Medical Animation - Global Strategic Business Report

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    Report

  • 386 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030103

Global Medical Animation Market to Reach $1.4 Billion by 2030

The global market for Medical Animation estimated at US$387.5 Million in the year 2023, is projected to reach a revised size of US$1.4 Billion by 2030, growing at a CAGR of 16.9% over the analysis period 2023-2030.

4D Animation, one of the segments analyzed in the report, is projected to record 19.1% CAGR and reach US$490.6 Million by the end of the analysis period. Growth in the 3D Animation segment is estimated at 16.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $158.6 Million, While China is Forecast to Grow at 19.2% CAGR

The Medical Animation market in the U.S. is estimated at US$158.6 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$138.5 Million by the year 2030 trailing a CAGR of 19.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.1% and 14.1% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 15.6% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 85 Featured)

  • Flatworld Solutions Pvt., Ltd.
  • Random42 Scientific Communication.
  • Understand.Com
  • Elara Systems, Inc.
  • Austin Visuals 3D Animation Studio
  • vAnimations Studio
  • Broadcast2world
  • 3FX
  • Delaplaine Creative
  • Nanobot Medical Animation
  • Virtual Point

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Growing Acknowledgement of Animation & Simulation in Learning & Training Sets the Foundation for the Growth of Medical Animation
  • Global Economic Outlook
  • Competition
  • Medical Animation - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Medical Animation - Overview, Definition & Importance
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Healthcare Spending, Growing Pharmaceutical/Biopharmaceutical & Medical Devices Industries Provide the Platform for the Growing Popularity of Medical Animation
  • Growing Demand for Healthcare Services as Evidenced by the Cost of Chronic Diseases Amplifies the Need for Healthcare Professionals & their Efficient Training Via Simulation & Animation Tools: Global Cost of Chronic Diseases (In US$ Billion) for the Years 2018 and 2030
  • More Drugs Being Manufactured Means More Drugs to be Marketed & More Efforts Needed to Boost Patient Awareness and Education: Global Opportunity for Pharmaceutical Contract Manufacturing (In US$ Billion) for Years 2020, 2022, 2024, and 2026
  • Robust Outlook for Medical Devices Expands the Need for Medical Device Companies to Build Animations to Help Convey Complex Device Information With Ease & Clarity: Global Market for Medical Devices (In US$ Billion) for Years 2021, 2023, 2025 and 2027
  • Digital Bent of Mind of People Amid Rapid Proliferation of Smartphones, Tablets, & On-Demand Streaming Supported by Healthcare Digitalization to Also Drive Growth in the Market
  • Pharmaceutical Companies Adopt Medical Simulation for Drug MoA, Marketing, Drug Discovery, Clinical Trials & Approvals
  • Direct to Consumer (DTC) Marketing in Healthcare Drives Importance of Animated Explainer Medical Videos
  • The Truly Massive Opportunity for DTC Marketing Strategies Can be Put Into Perspective by the Rapidly Expanding Market for Consumer Healthcare Products: Global Market for Consumer Healthcare Products (In US$ Billion) for Years 2020, 2022, 2024, 2026, and 2028
  • Rise in Global Surgeries Post COVID & Shortage of Surgeons to Drive Use of Animation to Accelerate Surgeon Education and Training
  • As the Number of Surgeries Performed Globally Increase, the Need for Well Trained Surgeons Becomes Acute, Strengthening the Business Case for 3D Animated Surgical Training Programs: Global Market for General Surgery (In US$ Billion) for Years 2018, 2020, 2022, and 2024
  • Cardiology, a Promising Field for Medical Animation/Simulation
  • Growing Demand for Physicians Coupled with Physician Shortages Spur Emergence of New Medical Institutes & Growing Number of Hospitals that Need Innovative Learning Tools
  • Advancement of Animation Technology Paves the Way for More Intricate Animation Videos
  • Growing Demand for Educational Animation Presents Favourable Opportunities
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for 4D by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for 4D by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 3: World 13-Year Perspective for 4D by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for 3D by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for 3D by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 6: World 13-Year Perspective for 3D by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for 2D by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for 2D by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 9: World 13-Year Perspective for 2D by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Flash Animation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Flash Animation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 12: World 13-Year Perspective for Flash Animation by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Oncology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Oncology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 15: World 13-Year Perspective for Oncology by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Cardiology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Cardiology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 18: World 13-Year Perspective for Cardiology by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Plastic Surgery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Plastic Surgery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 21: World 13-Year Perspective for Plastic Surgery by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Dental by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Dental by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 24: World 13-Year Perspective for Dental by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Other Therapeutic Areas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Other Therapeutic Areas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 27: World 13-Year Perspective for Other Therapeutic Areas by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Life Sciences by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 29: World Historic Review for Life Sciences by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 30: World 13-Year Perspective for Life Sciences by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Hospitals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 32: World Historic Review for Hospitals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 33: World 13-Year Perspective for Hospitals by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 34: World Recent Past, Current & Future Analysis for Academic Institutes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 35: World Historic Review for Academic Institutes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 36: World 13-Year Perspective for Academic Institutes by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 37: World Recent Past, Current & Future Analysis for Medical Device Manufacturers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 38: World Historic Review for Medical Device Manufacturers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 39: World 13-Year Perspective for Medical Device Manufacturers by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 40: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 41: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 42: World 13-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 43: World Medical Animation Market Analysis of Annual Sales in US$ Thousand for Years 2017 through 2030
  • Table 44: World Recent Past, Current & Future Analysis for Medical Animation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 45: World Historic Review for Medical Animation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2022 and % CAGR
  • Table 46: World 13-Year Perspective for Medical Animation by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2017, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Medical Animation Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADAJAPANCHINA
EUROPE
  • Medical Animation Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMREST OF EUROPEASIA-PACIFICREST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Flatworld Solutions Pvt., Ltd.
  • Random42 Scientific Communication.
  • Understand.Com
  • Elara Systems, Inc.
  • Austin Visuals 3D Animation Studio
  • vAnimations Studio
  • Broadcast2world
  • 3FX
  • Delaplaine Creative
  • Nanobot Medical Animation
  • Virtual Point