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Technological Innovations and Upgrades Driving Medical Education in North America and Europe Health Articles | August 16 Wholesale NBA Shirts , 2016

Transparency Market Research predicts that the global medical education market is poised to expand at a 4.3% CAGR during the forecast period, rising from a value of US$25.9 bn in 2015 to US$38.4 bn by 2024.



The global market for medical education has a handful of players such as Apollo Hospitals, TACT Academy for Clinical Training, Zimmer Biomet Holdings, Inc. (Zimmer Institute) Wholesale NBA Jerseys , Olympus Corporation, Gundersen Health System, GE Healthcare, and Medical Training College. Transparency Market Research identifies Apollo Hospitals as the leading contributor to the growth of the overall market owing to its extensive course portfolio, strong market penetration in countries in Asia Pacific Wholesale Hats , and vast scope for practical hospital experience.


“Geographical expansion in several developing countries has been Apollo Hospitals’ leading growth strategy, in addition to the acquisition of smaller local players,” finds the lead author of the TMR study.


In July 2016, Apollo Hospitals Group signed MoUs with Kenyatta National Hospital and Airtel Kenya to not just focus on capacity building in the Kenyan healthcare sector but to also conduct educational lectures and training programs in the country. In the same month, the company signed an agreement with Hainan Ecological Smart City Group in China to develop a highly integrated modern healthcare service facility in the Hainan province Wholesale Hoodies , which is likely to lend nursing, medical, and paramedical colleges in the island city tremendous support.


Advantages of Online Training over Traditional Modes of Education a Driving Factor


The demand for medical education is primarily driven by the growing preference for online education. “Online education is a highly lucrative investment avenue,” a TMR analyst observes. “The exposure to modern technologies around the world and the increasing penetration of the internet has greatly fueled the preference of students for online education.” Moreover, online training presents several advantages over traditional modes of education Wholesale Shirts , including variation in training and educational programs, lower cost, comfortable and flexible learning programs, and opportunities for improved technical skills.


In line with this growing trend, TMR predicts that the emergence of e-learning markets in several developing countries will be a major opportunity for players in the medical education market.


High Tuition Fee a Major Roadblock


The cost of higher education Wholesale Jerseys , especially in developed countries, continues to pose a key challenge for low-income students. “Medical education is one of the most expensive fields and the tuition fee for classroom courses as well as on-campus training is extremely high. This acts as a major barrier for the medical education market,” the author of the study says.


In addition to this, the declining preference for distance education in medicine and paramedical training is likely to restrict the growth of the medical education market to an extent.


Interpret a Competitive outlook Analysis Report with free PDF Brochure:

Steady Growth in Store for Medical Education Market


Expanding at a 4.3% CAGR over the course of the forecast period, the global medical education market is poised to rise from a value of US$25.9 bn in 2015 to US$38.4 bn by 2024. By mode of education Cheap NBA Hats China , the medical education market is led by on-campus training. Changing student preferences will restrict the demand for distance training by 2024, TMR predicts. However, online training is fast emerging as a lucrative mode of medical education and this segment is likely to register the highest CAGR of 7.29% from 2016 to 2024.


By type of training, the demand for cardiothoracic training has surpassed the rest, while training in radiology presents the highest scope for growth. By geography Cheap NBA Hoodies China , North America led the overall medical education market with Asia Pacific as the most rapidly expanding regional segment through the forecast period.


This review is based on the findings of a TMR report titled “Medical Education Market - Global Industry Analysis, Size, Share, Growth, Trends Cheap NBA Shirts China , and Forecast 2016 - 2024.”


聽Global Medical Education Market, by Type of Training


Cardiothoracic


Neurology


Orthopedic


Oral and Maxillofacial


Pediatric


Radiology


Laboratory


Global Medical Education Market, by Mode of Education


On-campus


Distance


Online


Global Medical Education Market, by Geography


North America


U.S.


Canada


Europe


Germany


U.K.


Rest of Europe


Asia Pacific


China


India


Japan


Rest of Asia Pacific


Rest of the World


Brazil


South Africa


Rest of Rest of the World


Contact us:


Transparency Market Research


90 State Street,


Suite 700 Cheap NBA Jerseys China ,


Albany


NY - 12207


United States


Tel: +1-518-618-1030


USA - Canada Toll Free 866-552-3453


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