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LONDON, Oct. 31, 2022 (GLOBE NEWSWIRE) — According to The Business Research Company’s research report on health education market, the rapid growth of online education is expected to propel the growth of the healthcare education market in the future. Online education refers to an internet-based delivery of education in which lessons are delivered on laptops and smartphones. Online education allows people living in remote areas to access high quality medical education. For example, according to the World Economic Forum (WEF), a Swiss-based non-governmental and lobbying organization, 71 million students and other learners were enrolled in Coursera’s online courses in 2020, which grew to 92 million. in 2021. There was an increase of 21 million registrations in one year. Hence, the rapid growth of online education is driving the growth of healthcare education market.
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The size of the global health education market should go from $77.74 billion in 2021 to $88.42 billion in 2022 at a compound annual growth rate (CAGR) of 13.7%. The Russian-Ukrainian war has disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions against several countries, a spike in commodity prices and supply chain disruptions, affecting many markets around the world. The growth of the healthcare education industry is expected to reach $132.31 billion in 2026 at 10.6% CAGR.
Technological advancements are gaining popularity among health education market trends. The major players in the market are focusing their efforts on creating innovative technologies such as the use of virtual reality to deliver quality healthcare education. For example, in February 2021, Elsevier, a Netherlands-based company that works in research publishing and information analysis, launched innovative virtual reality healthcare simulations for medical students in the North American schools. This advanced simulation learning system offers 100 virtual reality patients and 160 lab scenarios that will help students gain quality education and improve their skills used in medical operations.
According to health education market analysisMajor Players of Healthcare Education Market are SAP SE, Adobe Inc, Oracle Corporation, HealthcareSource, HealthStream Inc, Koninklijke Philips NV, GE Healthcare, Cerner Corporation, Siemens Healthineers AG, Richmond Academy of Medicine Inc, Gundersen Health System, Apollo Hospitals Enterprise Ltd, Olympus Corporation, PeopleFluent.
The segmentation of the global health education market is categorized by vendor into universities and academic centers, continuing medical education providers, equipment manufacturers or pharmaceutical companies, learning management system providers, educational platforms, medical simulation; by mode of delivery in classroom courses, e-learning solutions; by application in university education, cardiology, neurology, radiology, internal medicine, pediatrics, other applications; per end user in students, doctors, non-doctors.
North America was the greater region in the Healthcare Education Market in 2021. Regions covered in the Healthcare Education Market report are Asia-Pacific, Western Europe, Eastern Europe, America North, South America, the Middle East and Africa.
Global Health Education Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026 is part of a series of new reports from The Business Research Company which provide an overview of Healthcare Education market, forecasted Healthcare Education market size and growth, Healthcare Education market segments and geographies, Healthcare Education market trends Healthcare Education, Healthcare Education Market Drivers and Restraints, Revenue, Profiles and Market Share of Top Healthcare Education Market Competitors in 1000+ Industry Reports , covering more than 2,500 market segments and 60 geographies.
The report also gives an in-depth analysis of the impact of COVID-19 on the market. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders.
A highly experienced and expert team of analysts and modellers provide market analysis and forecasts. The reports identify key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
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