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Classified in: Health, Covid-19 virus
Subject: MRR

Healthcare Education Solutions Market to grow at a CAGR of 8.53% from 2021 to 2026, Driven by the need to address challenges in the healthcare industry through effective medical training - Technavio

NEW YORK, March 30, 2023 /PRNewswire/ -- The global healthcare education solutions market size is estimated to grow by USD 6.57 billion from 2021 to 2026, according to Technavio. The market is estimated to grow at a CAGR of 8.53% during the forecast period. Factors such as the need to address challenges in the healthcare industry through effective medical training, widespread adoption of m-learning, and evolved learning and education landscape will drive market growth during the forecast period. A major driver fueling growth in the healthcare education solutions market is the need to address challenges in the healthcare industry through effective medical training. Due to the changing technologies in the global healthcare industry, physicians are required to be well-versed with new methodologies in patient care for improved decision-making. The skills of medical professionals usually have a direct impact on patients' health. Hence, proper education and training of medical professionals are essential. Because of the increasing incidence of infectious and chronic diseases, healthcare practitioners (HCPs) must have information that is disease-oriented and aligned with patient needs and global healthcare trends. Hence, healthcare education solutions are required to assist HCPs in improving their competency, addressing healthcare gaps in specific segments of the global healthcare industry, and translating innovations into practice for improving the overall quality of patient care. 

Healthcare Education Solutions Market ? Market Dynamics

Key challenges - 

The high costs for developing e-learning content will be a prominent challenge for the healthcare education solutions market during the forecast period. A significant amount of time, money, and resources need to be associated with developing content for e-learning courses. The development of moderately interactive e-learning content takes about 90-240 hours, costing medical education course developers approximately USD 10,000 per produced hour on average. The cost of developing online courses increases with the complexity of the content, especially in medical education. The key factors resulting in high content development costs for e-learning courses include source content, elements embedded in the learning content, and the level of interaction and instructional complexity involved. Online medical course development involves subject matter experts, an instructional design team, a project management team, and technical staff specialists. These professional roles are active in the three different stages of developing an online medical course and lead to high variable costs. Hence, regular updates on the existing online medical courses with additional information and training models further increase the cost of developing online medical courses and may hamper the growth of the market during the forecast period.

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Healthcare education solutions market - Geographical Analysis

North America is estimated to account for 32% of the global healthcare education solutions market growth during the forecast period. The US and Canada are the key markets for healthcare education solutions in the region. Market growth in this region will be slower than the growth of the market in other regions. The presence of an advanced and matured healthcare industry, specifically in developed countries, facilitates the healthcare education solutions market growth in North America during the forecast period. 

Healthcare education solutions market insights -

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Healthcare education solutions market - Vendor Insights

The rising adoption of smart devices among students has influenced the growth of online medical education, thereby promoting distance learning. Vendors operating in different regions attract international students by offering distance-learning programs in medicine. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including -

The healthcare education solutions market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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Healthcare Education Solutions Market Scope

Report Coverage


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 8.53%

Market growth 2022-2026

USD 6.57 billion

Market structure


YoY growth of 2021-2022 (%)


Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 32%

Key countries

US, Canada, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

3M Corp, B. Braun SE, Becton Dickinson and Co., Boston Scientific Corp., Bruker Corp., Canon Inc., Cardinal Health Inc., Erbe Elektromedizin GmbH, FUJIFILM Holdings Corp., General Electric Co., Johnson and Johnson, Koninklijke Philips NV, Medtronic Plc, Olympus Corp., PerkinElmer Inc., Sectra AB, Siemens AG, Smith and Nephew plc, Stryker Corp., Thermo Fisher Scientific Inc., and Zimmer Biomet Holdings Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Delivery

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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