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Continuing Medical Education (CME) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 138 Pages
  • October 2023
  • Region: Global
  • IMARC Group
  • ID: 5700996
Description Jump to:
The global continuing medical education (CME) market size reached US$ 8.8 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 12.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.25% during 2023-2028.

Continuing medical education (CME) involves various educational activities that help maintain and develop the knowledge, skills, and professional performance of trainees. It includes multiple courses and conferences, written publications, online programs, and audio, video, and live events on electronic media. It helps develop a healthy relationship between patients and healthcare professionals. It enables practitioners to learn, refine, and discover viable approaches to improve overall patient care and attain professional growth. Besides this, it helps medical professionals learn effective team management skills, address real-world challenges they face professionally, and earn membership in reputed organizations.

Continuing Medical Education (CME) Market Trends:

At present, the rising occurrence of new infections and diseases that require updated medical knowledge for treatment represents one of the key factors positively influencing the market. In addition, the development of novel collaborative elements in medical education, along with shifting preference toward online education and CME programs, is creating a positive outlook for the market. Online education offers courses that are engaging and interactive and help users comprehend and retain knowledge with quality images, video, audio, and animation. Apart from this, the expansion of hospitals, medical institutes, and research centers is contributing to market growth. Furthermore, governments of various countries are introducing different initiatives to provide quality education to professionals, which is also providing a thrust to market growth. Additionally, interactive education options and flexibility to continue learning as per the personal choice of healthcare professionals are driving the market. Moreover, considerable changes in medical practice to limit class hours and patient availability and increased diagnostic and management possibilities, coupled with advancements in technology, are bolstering the market growth.

Key Market Segmentation

The report provides an analysis of the key trends in each sub-segment of the global continuing medical education (CME) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on delivery method, providers and speciality.

Breakup by Delivery Method:

  • Classroom Training
  • E-Learning
  • Regularly Scheduled Series
  • Journals
  • Others

Breakup by Providers:

  • NPOS
  • Publishing/Education Company
  • School of Medicine
  • Hospital/Healthcare Delivery System
  • Others

Breakup by Speciality:

  • Oncology
  • Cardiology
  • Infectious Disease
  • Orthopedic
  • Gastroenterology
  • Pediatric
  • Primary Care
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being AffinityCE, Afya Ltd., CME Outfitters LLC, CME Procedures LLC, Coursera Inc., Elsevier (RELX plc), EXCEL CME, HealthStream Inc., Koninklijke Philips N.V. and Siemens Healthineers AG (Siemens AG).

Key Questions Answered in This Report:

  • How has the global continuing medical education (CME) market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global continuing medical education (CME) market?
  • What are the key regional markets?
  • What is the breakup of the market based on the delivery method?
  • What is the breakup of the market based on the providers?
  • What is the breakup of the market based on the speciality?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global continuing medical education (CME) market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Continuing Medical Education (CME) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Delivery Method
6.1 Classroom Training
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 E-Learning
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Regularly Scheduled Series
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Journals
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Providers
7.1 NPOS
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Publishing/Education Company
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 School of Medicine
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Hospital/Healthcare Delivery System
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Speciality
8.1 Oncology
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cardiology
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Infectious Disease
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Orthopedic
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Gastroenterology
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Pediatric
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Primary Care
8.7.1 Market Trends
8.7.2 Market Forecast
8.8 Others
8.8.1 Market Trends
8.8.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 AffinityCE
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Afya Ltd.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 CME Outfitters LLC
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 CME Procedures LLC
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Coursera Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.6 Elsevier (RELX plc)
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 EXCEL CME
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 HealthStream Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 Koninklijke Philips N.V.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Siemens Healthineers AG (Siemens AG)
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
List of Figures
Figure 1: Global: Continuing Medical Education Market: Major Drivers and Challenges
Figure 2: Global: Continuing Medical Education Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Continuing Medical Education Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Continuing Medical Education Market: Breakup by Delivery Method (in %), 2022
Figure 5: Global: Continuing Medical Education Market: Breakup by Providers (in %), 2022
Figure 6: Global: Continuing Medical Education Market: Breakup by Speciality (in %), 2022
Figure 7: Global: Continuing Medical Education Market: Breakup by Region (in %), 2022
Figure 8: Global: Continuing Medical Education (Classroom Training) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Continuing Medical Education (Classroom Training) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Continuing Medical Education (E-Learning) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Continuing Medical Education (E-Learning) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Continuing Medical Education (Regularly Scheduled Series) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Continuing Medical Education (Regularly Scheduled Series) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Continuing Medical Education (Journals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Continuing Medical Education (Journals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Continuing Medical Education (Other Delivery Methods) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Continuing Medical Education (Other Delivery Methods) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Continuing Medical Education (NPOS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Continuing Medical Education (NPOS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Continuing Medical Education (Publishing/Education Company) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Continuing Medical Education (Publishing/Education Company) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Continuing Medical Education (School of Medicine) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Continuing Medical Education (School of Medicine) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Continuing Medical Education (Hospital/Healthcare Delivery System) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Continuing Medical Education (Hospital/Healthcare Delivery System) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Continuing Medical Education (Other Providers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Continuing Medical Education (Other Providers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Continuing Medical Education (Oncology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Continuing Medical Education (Oncology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Continuing Medical Education (Cardiology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Continuing Medical Education (Cardiology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Continuing Medical Education (Infectious Disease) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Continuing Medical Education (Infectious Disease) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Continuing Medical Education (Orthopedic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Continuing Medical Education (Orthopedic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Continuing Medical Education (Gastroenterology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Continuing Medical Education (Gastroenterology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Continuing Medical Education (Pediatric) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Continuing Medical Education (Pediatric) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Continuing Medical Education (Primary Care) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Continuing Medical Education (Primary Care) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Continuing Medical Education (Other Specialities) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Continuing Medical Education (Other Specialities) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: North America: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: North America: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: United States: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: United States: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Canada: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Canada: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Asia-Pacific: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Asia-Pacific: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: China: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: China: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Japan: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Japan: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: India: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: India: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: South Korea: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: South Korea: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Australia: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Australia: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Indonesia: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Indonesia: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Others: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Others: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Europe: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Europe: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Germany: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Germany: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: France: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: France: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: United Kingdom: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: United Kingdom: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Italy: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Italy: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Spain: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Spain: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Russia: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Russia: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Latin America: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Latin America: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Brazil: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Brazil: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Mexico: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Mexico: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Others: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Others: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Middle East and Africa: Continuing Medical Education Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Middle East and Africa: Continuing Medical Education Market: Breakup by Country (in %), 2022
Figure 92: Middle East and Africa: Continuing Medical Education Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 93: Global: Continuing Medical Education Industry: SWOT Analysis
Figure 94: Global: Continuing Medical Education Industry: Value Chain Analysis
Figure 95: Global: Continuing Medical Education Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Continuing Medical Education Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Continuing Medical Education Market Forecast: Breakup by Delivery Method (in Million US$), 2023-2028
Table 3: Global: Continuing Medical Education Market Forecast: Breakup by Providers (in Million US$), 2023-2028
Table 4: Global: Continuing Medical Education Market Forecast: Breakup by Speciality (in Million US$), 2023-2028
Table 5: Global: Continuing Medical Education Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Continuing Medical Education Market: Competitive Structure
Table 7: Global: Continuing Medical Education Market: Key Players

Companies Mentioned

  • AffinityCE
  • Afya Ltd.
  • CME Outfitters LLC
  • CME Procedures LLC
  • Coursera Inc.
  • Elsevier (RELX plc)
  • EXCEL CME
  • HealthStream Inc.
  • Koninklijke Philips N.V.
  • Siemens Healthineers AG (Siemens AG).

Methodology

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Table Information

Report AttributeDetails
No. of Pages138
PublishedOctober 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 8.8 Billion
Forecasted Market Value ( USD ) by 2028 $ 12.7 Billion
Compound Annual Growth Rate6.3%
Regions CoveredGlobal
No. of Companies Mentioned10

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