Healthcare Education Market by Provider (Universities and Academic Centers, Continuing Medical Education), Delivery Mode (Classroom-based, E-Learning), Application (Cardiology, Internal Medicine), End User- Analysis and Global Forecast to 2030
Product Overview
Healthcare education solutions empower the healthcare sector to be elevating knowledge and competency. These solutions include various courses & assessments, tools & apps, certifications, webinars, and concierge services. In today’s healthcare environment, keeping the team’s current knowledge is very necessary and hence to maintain standards of proficiency the healthcare education solutions help health care learners with rich educational content. This content is developed by top-notch health care experts.
Market Overview
The global healthcare education market is projected to reach USD 148.2 billion by 2030 from USD 81.4 billion in 2020, at a CAGR of 7.9% during the forecast period. Growth in this market is primarily driven by the technological advancements in the healthcare industry, rapid growth in the online education and e-learning sector, and the presence of stringent regulatory mandates related to CME programs. However, lack of face to face interaction and unreliable infrastructure cause barrier to the market growth.
COVID-19 Impact on the Healthcare education solution Market
Due to the COVID-19 pandemic, governments across the globe have enforced social distancing and lockdown measures, which disrupted the normal lifestyle of people. The COVID-19 pandemic changed the course of education, forcing educational institutes to conduct classes online. Working professionals also had to abruptly shift to working from home. A number of events, workshops, and conferences were postponed or canceled. As a result, the adoption of electronic education (E-education) platforms such as digital conferences, webinars, medical blogs, and social media increased.
Healthcare education solution Market Dynamics
Drivers: Increasing adoption of digital learning
Over the years, educational solutions have gained wider acceptance. Technical innovations in the field have helped redefine the learning process. The main objective of online education solutions is to manage the learning process and create an engaging learning environment to add more functionalities for enhancing learning capacities. The traditional approach to medical training has several drawbacks. The cost of establishing and maintaining physical training centers is high, and it is challenging to meet the changing demands due to the constantly changing trends in disease treatments, medical technologies, and drugs.
Restrains: Unreliable infrastructure in most developing countries
Several developing countries do not have reliable internet connection and electricity supply. To be able to complete the courses online, there is a need to have a reliable internet connection to surf the content online or to download the content. Individuals also need to have reliable electrical connections to operate electronic devices. Some of the developing countries in the Asia Pacific and the Middle East and Africa do not have reliable infrastructure, which limits the ability of the students to access online education.
Healthcare Education Solutions Market: Key TrendsModernization of healthcare institutions wherein computer systems, software applications are integral has necessitated training of healthcare personnel to render service. Service at healthcare institutions, which include diagnostics, laboratory investigations, patient treatment record, and hospital admissions among others is carried out using technology. Large volume of patient data, treatment records, diagnostics have high risk of error if handled manually. This requires service personnel to be trained for these system to render service.
North America to witness significant growth from 2020 to 2030
The global healthcare education market has been categorized on the basis of four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World. In 2019, the Asia Pacific region accounted for the largest market share of 39.7%. However, the North American market is projected to register the highest CAGR of 9.5% during the forecast period, primarily due to the initiatives taken by industry players and regional governments towards increasing the number of medical schools and the advancing healthcare sector.
Key Market Players
Some of the prominent players operating in the healthcare education market are SAP (Germany), Adobe (US), Infor (US), Oracle (US), HealthStream (US), HealthcareSource (US), Elsevier (Netherlands), Articulate (US), PeopleFluent (US), ADP (US), GE Healthcare (US), Trivantis Corporation (US), Cerner (US), Koninklijke Phillips (Netherlands), Siemens Healthineers (Germany), Coursera (US), and IBM (US).
By Provider
• Universities and Academic Centers
• Continuing Medical Education Providers
• OEMs/Pharmaceutical Companies
• Learning Management Systems
• Educational Platforms
• Medical Simulation
By Delivery Mode
• Clasroom based courses
• E-Learning solutions
By Application
• Academic Education
• Cardiology
• Neurology
• Radiology
• Interna Medicine
• Pediatrics
• Others applications
By End User
• Students
• Physicians
• Non Physicians
Contents
1. Executive Summary
2. Global Healthcare Education Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global Healthcare Education Market Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Global Healthcare Education Market
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Healthcare Education Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Provider: Market Share (2020-2030F)
12.2.1. Universities and Academic Centers, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Continuing Medical Education Providers, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. OEMs/Pharmaceutical Companies, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.4. Learning Management Systems, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.5. Educational Platforms, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.6. Medical Simulation, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Delivery Mode: Market Share (2020-2030F)
12.3.1. Clasroom based courses, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. E-Learning solutions, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
1.1. By Application: Market Share (2020-2030F)
1.1.1. Academic Education, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
1.1.2. Cardiology, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
1.1.3. Neurology, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
1.1.4. Radiology, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
1.1.5. Interna Medicine, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
1.1.6. Pediatrics, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
1.1.7. Other, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
1.2. By End User: Market Share (2020-2030F)
1.2.1. Students, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
1.2.2. Physicians, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
1.2.3. Non Physicians, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13 Company Profile
13.1. SAP (Germany)
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Adobe (US)
13.3. Infor (US)
13.4. Oracle (US)
13.5. HealthStream (US)
13.6. HealthcareSource (US)
13.7. Elsevier (Netherlands)
13.8. Articulate (US)
13.9. PeopleFluent (US)
13.10. ADP (US)
13.11. GE Healthcare (US)
13.12. Trivantis Corporation (US)
13.13. Cerner (US)
13.14. Koninklijke Phillips (Netherlands)
13.15. Siemens Healthineers (Germany)
13.16. Other Prominent Players
14 Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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Total Market |
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