Medical animation is an integral part of any medical technology which can deliver clear details about the combination of scientific analysis with high end computer graphics. Global medical animation market was valued at $0.2 billion in 2017 and is expected to reach $0.43 billion by 2025 with a CAGR of 20.8% during the forecast period from 2019-2025. The factors like growing pharmaceutical/biopharmaceutical and medical devices industry and increasing penetration of smartphones, tablets, and other mobile platforms are driving the market growth. The factors like the high cost of medical animation services and lack of certified medical animators are hindering the market growth. Low health literacy and emerging economies are creating opportunities for market growth to enhance around the globe.
Research Study Objectives:
- Define, estimate, and forecast the Medical Animation market statistics by type, therapeutic area, application, end user and regions concerning the individual growth drivers, market trends and their contribution toward the Medical Animation market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Medical Animation Market Analysis report.
- Analysis and conclusions on the future Medical Animation market outlook.
Top-down and bottom-up approaches are used to validate the Medical Animation Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated
and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Medical Animation Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Medical Animation market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Medical Animation market segmentation is as follows:
By Type
- Flash Animation
- Real Time Imaging
- 3D Animation
- 2D Animation
By Therapeutic Area
- Cosmeceuticals/Plastic Surgery
- Dental
- Oncology
- Cardiology
- Others
By Application
- Surgical Training and Planning
- Cellular and Molecular Studies
- Drug Mechanism of Action (MOA) and Approval
- Patient Education
- Others
By End User
- Hospitals, Surgical Centers, and Clinics
- Medical Device Manufacturers
- Academic Institutes
- Life Science Companies
- Others
Geographical Analysis:
Medical Animation Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the
Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Medical Animation Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Medical Animation Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Medical Animation market players, such as
- AXS Biomedical Animation Studio, Inc.
- Elara Systems, Inc.
- Animated Biomedical Productions
- XVIVO Scientific Animation
- Blausen Medical Communications, Inc.
- Along with these companies, many other companies are considered in the report while analysing the Global Medical Animation Market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.