Anatomical Models Market Expected to Reach USD 57.03 Billion By 2028
The global anatomical models market is expected to reach USD 57.03 Billion by 2028, according to a new report by Reports and Data. Anatomical models are in fact an artificial prototype of body parts like eyes, skull, brain and nervous system among others to impart a vivid and clear understanding of various complex body functions especially humans, along with a clear understanding of disease and ailments associated with it.
Growing demand for anatomical models in anatomical studies for providing effective learning and teaching is one of the major factor influencing market growth. Human anatomy models are superb teaching and learning resources. These are normally used by academic institutes for providing an improved and clear understanding to the scholars about the otherwise sophisticated and overwhelming human anatomy. Anatomical model makes it easy for learners to comprehend the multifaceted operations of the human body parts. They provide a practical learning experience to the scholars and make it easy for them to visualize everything in a vivid manner.
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One major factor that may hinder the market growth is the cost intensive production of anatomical models.
Asia Pacific is projected to be one of the key revenue generating region during the forecast period. The market is expected to have the highest growth rate of CAGR 1.5% in the forecast owing to a swift growth in the medical sector as well as rapid rise in the researches in the field of anatomical studies. On January 2019, Korea University Guro Hospital (KUGH) and the Kore have collaborated to initiate a program which would use additive manufacturing technique to print 3D models for patients with bone fractures.
Further key findings from the report suggest
- The market for eye anatomical model is expected to have the highest CAGR of 1.5% in the forecast period in terms of units sold due to an upsurge in the number of ophthalmic ailments leading to growing patient consultation and number of ophthalmic surgeries across the globe.
- Scientific research Centers and education centers account for the largest market share in this market which can be attributed to the mounting awareness concerning patient wellbeing, growing emphasis on reducing medical faults and arise in the number of scholars opting medical profession.
- North American market is expected to have the largest market share with a CAGR of 1.4% due to rise in latest technological developments in this region along with an escalation in the necessity and demand among medical professionals to have practical training to get a an in-depth understanding of the concepts.
The ongoing pandemic is significantly changing the dynamics of the pharma and healthcare sector. Various countries are facing challenges such as shortage of medicines, vaccines, healthcare devices in hospitals. This is expected to open lucrative growth opportunities for market players in the coming years.
The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as R&D investments, license agreements, partnerships, merger and acquisitions, collaborations, and joint ventures to gain robust footing in the market.
Top Companies Profiled in the Report:
Nasco, Laerdal Medical, Columbia Dentoform, 3B Scientific, Erler-Zimmer, Algeo, Fysiomed, Simulaids, Altay Scientific, and Frasaco.
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Anatomical Models Market Segmentation:
Type Outlook (Volume, Thousand Units; 2018-2028 and Revenue, USD Million; 2018-2028)
- Brain Model
- Torso Model
- Organ Model
- Nervous System Model
- Skeletal System Model
- Hand Model
- Eye Model
- Tooth Model
- Digestive System Model
- Pregnancy Model
Printing Technology Outlook (Volume, Thousand Units; 2018-2028 and Revenue, USD Million; 2018-2028)
- 2D Printing
- 3D Printing
- Stereo lithography
- Poly Jet
- Multi Jet fusion
- Fused Deposition Modeling
- 4D Printing
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LATAM)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
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