Global Medical Education Market to be Driven by Digitalization During the Forecast Period 2021-2026

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Expert Market Research’s new report titled ‘Global Medical Education Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global market medical education market, assessing the market based on its segments such as Delivery Mode, Training, End Use, and Major Regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2016-2026)

  • Historical market size (2020): 41.6 billion USD
  • Forecast CAGR (2021-2026): 4%

The presence of stringent regulatory mandates related to CME services, along with technical advancements in the healthcare sector and rapid development in the field of education and e-learning, are all driving growth in this field. Educational solutions have grown in popularity over time. The learning process has been redefined thanks to technological advances in the field. The main purpose of online education solutions is to monitor the learning process and create an interactive learning atmosphere so that more features can be added to enhance learning capabilities. Rising demand for digitization of education for effective learning is driving the growth of the medical education market.

Industry definition and major segments

Medical education encompasses the basic preparation to become a doctor (ie, medical school and residency) as well as additional training afterwards (eg, residency, fellowship and continuing medical education). The quality of medical education and training varies widely around the world. In medical education, which is an active field of educational studies, various teaching methodologies have been used.

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The industry can be categorized according to its mode of delivery into:

  • Classroom lessons
  • Distance
  • In line
  • Others

The industry can be divided according to formation into:

  • Cardiothoracic
  • Neurology
  • Orthopedic
  • Oral and maxillofacial
  • Pediatric
  • Radiology
  • Laboratory
  • Others

The industry can be broadly categorized on the basis of its end use into:

  • Medicine School
  • Government/military organizations
  • Hospital
  • Insurance and company
  • Non-profit organisation
  • Publishing or education company
  • Others

Based on regional markets, the industry is divided into:

1 North America
1.1 United States of America
1.2 Canada
2Europe
2.1 Germany
2.2 United Kingdom
2.3France
2.4 Italy
2.5 Others
3 Asia-Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East and Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

Market trends

The increased demand for e-learning has arisen from the growing need to have a framework that not only increases the expertise of medical professionals but also enables them to keep up with new developments in the medical field. Digitization has helped open up a host of new opportunities for the global medical education industry. Universities are introducing creative educational practices such as practice-based approaches, evidence-based medicine (EBM), problem-based learning (PBL), and hands-on engagement and instruction with patients to develop their medical skills, rather than conventional discipline-based programs. . Internet-based medical education is likely to grow as it provides unprecedented access to new research methods such as speed personalization and immersive learning through videos and audios, all of which are cost-effective .

Main market players

Major market players include Harvard Medical School, University of Oxford, University of Cambridge, Stanford Medicine, Gundersen Health System, Koninklijke Philips NV, Siemens Healthcare Private Limited, Zimmer Pvt. Ltd., and Olympus America, among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.


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